Business & Economy

How Decisive Monetary Policy Is Powering Nigeria’s Economic Resilience and Growth

In an era marked by global economic volatility, few nations have demonstrated strength and foresight of Nigeria’s Central Bank and its Monetary Policy Committee...

Why Strengthening Nigeria’s Banks Matters

“The recapitalisation programme has strengthened the capital base of Nigerian banks, reinforcing the resilience of the financial system and ensuring it is well-positioned to...

Tinubu’s Economic Hitman and the Taxation of Poverty

By Paul Okojie By any measure, Nigeria is passing through one of the most difficult economic periods in its recent history. Rising inflation, declining purchasing...

NGF: Can This Economic System Be The Best?

Governor Chibuike Amaechi of Rivers State is revealing something new to us. His clamour for more funds for the states in the name of reviewing the Revenue Sharing Formula is like a cry of a family man raising his family without any budget...

Sanusi Lamido banking sector reform: a two and a half year review

 One of the most controversial chapters in the Sanusi banking reform is his sacking of the managing directors of five banks and replacing them with CBN appointed managers. Many people thought that was the end of Sanusi...

CBN, nationalised banks and investors

Numerous stakeholders in the financial industry and Nigerians in general have well-observed over time, that Malam Sanusi’s carefree and occasionally inconsistent policy pronouncements on certain burning fiscal issues concerning Nigerian and foreign investors alike, leave much to be desired...

Understanding why China is eager to buy Eurobond

There has never been a worse time for Europe than now. Its euro zone economy is almost bankrupt. And this long awaited time-bomb is taking place after decades of loading their economies with unsustainable social benefits...

Subsidy removal: government concern about efficiency gains vs citizenry worries about increasing hardship

There is evidence that the major beneficiaries of oil subsidy are oil importers, distributors and filling stations across the country...

Peculiar problems of the Nigerian labor market

Aside series of persistent obstacles, shortcomings and problems, Nigeria, like every other developing country, is driving towards a stage where it could accommodate a good number of people from the domestic and foreign market...

Shooting ourselves in the foot

Most African economies - of course, led by Nigeria - are in their respective sorry states today because of their rush to reclaim the political territories without appreciating that - practically - nothing tangible could change with the imperialists still fully controlling our economic sovereignty...

The African Entrepreneur

When most African countries became independent during the 1960s, joining the political class was more appealing and rewarding than going into the private sector...

Don't miss

Nigerian Men and their Foreign Wives

Culturally, Nigerian men are overbearing, controlling, and paternalistic.  They relate to their fathers and mothers differently. They believe it is “a man’s world” and so they have the tendency to relegate women to subservient roles. I am stunned by the transformation Nigerian men, married to non-Nigerian women, have gone through in the United States...

Is Genevieve Nnaji Nigeria’s First Movie Superstar?

What is this Nnaji mystique that has her audience colliding heads so joyfully, crawling, craving some time in her sun? Star quality is what it is. The amount of talent dripping from her little finger is more than many of our other female leading ladies have combined...

Why Do African Men Go Home to Marry?

The African male is perplexing. He can be enigmatic. He can be everything and sometimes, nothing. He can be sweet and loving and caring and benevolent and at the same time oppressive. His life is full of contradictions. In so many ways, he is a wounded animal as a result of his historical past...

Mobil’s Oily Battle Over Intellectual Property Rights

The eight-year long battle between Commandclem Nigeria Limited and Mobil Producing Nigeria Limited, over ownership of patent and intellectual rights to a chemical invention for offshore drilling seems in sight…

Lost in a Sea of Hair Weaves

One can understand some black women wearing wigs for the same reasons that some white women do; because they are losing or have lost their hair. One can even make allowances for wigs being worn for the occasional change of look. But how to explain young women with full heads of hair who will never be seen dead with their natural hair?