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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...
“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...
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...
Approbatory and disapprobative voices have trailed the Central Bank of Nigeria’s decision to implement Non-Interest Islamic Banking in the country, a package whose initiative, framework, process leading to its formation and approval in principle date back to the reign of Sanusi’s predecessor...
Since the appointment of Sanusi as the CBN governor in 2009, one thing that every body agrees Sanusi has achieved is bringing some kind of stability into the banking industry. But the other two areas of his job, inflation control and determination of realistic exchange rate, the CBN governor can be said to have achieved minimal success...
When it comes to utterances and conducts, Nigerian politicians have often displayed a level of audacity that verges on recklessness. The recent request, or is it suggestion, by Nigerian Governors asking the Federal Government to remove subsidies on petroleum products is one of those statements...
We must remind ourselves of the following paradoxes that spew from this fuel subsidy mantra; Nigeria is the only major oil producing country that imports refined petroleum products and among the major oil producers, Nigerians pay the highest price for refined petroleum products...
Nigeria must begin to make the shift to other sources of growth that can provide jobs and the dynamism to increase skills and productivity over time...
In order to survive an economic recession, the best thing to do is to have an emergency fund like a "Sovereign Wealth Fund" set up in case a job is lost...
IMF has advised Nigeria to devalue her currency, Naira, without giving a logical reason for the advice. For a currency that is already weakened by rising inflation to be devalued is for Nigeria to be inviting economic woes voluntarily...
The recent inclusion of the Central Bank of Nigeria (CBN) Governor, Lamido Sanusi, on the celebrated list of the 100 most influential people in world has filled many of us with pride and joy but a closer look at the achievements of his administration has also shown us that there is a missing trophy in the collection of the CBN Governor...
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...
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...
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...
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…
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?
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