Business & Economy

Recalibrating MPR, A Proud Moment of Macroeconomic Stability from Volatility

In a move that has sent clear ripples across Nigeria’s financial landscape, the Central Bank of Nigeria’s Monetary Policy Committee (MPC) has taken the...

Olayemi Cardoso: Steering Nigeria’s Macro Economy as Governor of the Central Bank

Since assuming office as Governor of the Central Bank of Nigeria (CBN) on September 22nd, 2023, Olayemi Cardoso has spearheaded landmark reforms that have...

What Happened To Nigeria’s $20 Billion?

Nigeria is subliminally going through perilous times. Unfortunately, the factors responsible forthese conditions are dangerously explained away politically. The people are hit by mute...

Foreign Investors and Nigeria's High Security Risk

As one of the fastest growing economies on the continent, Nigeria a needs stable atmosphere to continue with its higher economic growth rate and for it to achieve its vision 2020:20 targets...

SMEs’ fortune in zero-subsidy regime

The socio-economic aftereffects of the recent controversial removal of subsidy on petrol by the Federal Government of Nigeria have begun to manifest negatively, particularly in the observed lull in the day-to-day activities of many Small and Medium Enterprises...

Nigerian Stock Exchange and its Many Troubles

Like most other stock markets around the world, Nigerian stock exchange was devastated by the global financial crisis of 2008. But unlike many that have already recovered, the recovery of the NSE is taking time. In fact some pessimists see the situation as if the market will never recover to its pre-crisis level...

Dynamics of transformation in Nigerian economy

Sustainable transformation efforts being initiated to effect marked improvements in the quality of life of the people in all areas of human endeavour certainly involve change-producing forces in any society...

Building business empires: lessons from India

Despite the Indian resort to the family way of running business, some of the most successful family businesses in the country are run by family members with MBAs...

Fuel subsidy removal: Is the aim feasible?

The three counterparts that make up an economy, the companies, the consumers, and the government, are all contributing to a deteriorating economic situation. Through their actions, all three are complementing each other and leading the country into a recession...

2012 Budget: fiscal prudence, subsidy removal and other issues

Allocating 72% of the budget to recurrent expenditure seems to me very outrageous, and a move away from the government mantra of fiscal prudence. Though, as one analyst observes, it is not easy to cut recurrent expenditure in one fell swoop...

As The Battle line Is Drawn on Fuel Subsidy…

Any visitor to Nigeria, observing the raging noisy altercation about the removal of the so called subsidy on petroleum products, would be led to so many faulty assumptions which the government has brought to bear on the issue...

Don't miss

The Economy of Nigerian Marriages

Today, a sizeable number of Nigerians who return home for a spouse do so at their own peril. Danger and deceit abound as marriages have become business ventures...

Development; Why Have You Eluded Us?

Why is it that our contemporaries are well ahead of us in all indices of development? Are we really making progress in Nigeria? Why has development eluded us? What did we do wrong? What are we doing wrong?

Ministerial Appointments in Nigeria

The political appointment process is not an exact science. Generally speaking, once the votes are counted and a particular candidate is declared the winner, the notables who participated in the political struggles usually feast on the spoils of war...

Nigeria’s Sick Refineries…

The nation’s refineries are still comatose despite huge amounts of money thrown at them...

Transforming Ibadan – A Case-study in Resistance To Change

It amuses me to hear people asking the Government of Oyo State to provide alternatives to people whose illegal structures are being demolished. Why should the government be responsible for providing alternatives, when the Government never allocated these land or shops to them in the first place?

Mourning, Culture & the Individual

Immigrants are so often deprived, in the most intangible and unquantifiable way. I have missed out on opportunities, sundry opportunities, to participate in my family's happiest moments...

A Short Requiem for George W.H. Bush

A new distinction for the country's 41st president: George...

A lifetime of Servitude – the story of Judith

I came across Judith in the aftermath of the publication of “A Child Witch in London”, the story of boy Adam who faced the vicissitudes of life borne out of ignorance, Pentecostal mischief and unscrupulous superstition in his native Nigeria...

Shadow Government

Damn our "leaders" if they like it, damn them if they don't. The people have spoken. Enough of power vacuum, near constitutional crisis and over heating of the polity all due to the fact that the ruling party does not trust the Vice President...

From Yahoo Yahoo to Yahoo Plus

Nigeria’s social dilemma is money. We ruminate endlessly on how, when and where to get it. We place far more value on material success than cultural and human values...