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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...
Since assuming office as Governor of the Central Bank of Nigeria (CBN) on September 22nd, 2023, Olayemi Cardoso has spearheaded landmark reforms that have...
Nigeria is subliminally going through perilous times. Unfortunately, the factors responsible forthese conditions are dangerously explained away politically. The people are hit by mute...
I consider as very improper the use of regulatory or legislative fiat to limit daily cash withdrawals by bank customers. Whose money are depositors withdrawing? Worse still, it is unpardonable to penalize them for withdrawing above a particular limit...
Which type of economic team is this Jonathan team? Or to be more specific what should we expect from a team that comprises ex World Bank managing director, former investment banker from Goldman Sachs, a radical former managing director of Nigeria’s biggest bank, ex deputy governor of the CBN, as well as occasional counsel from the members of Nigerian Economic Society?
A flourishing and sustainable industrial sector certainly remains a key factor for the accomplishment of economic growth in any potentially great economy as Nigeria’s. Yet, the reverse seems to be the case in the country as of now...
Nigeria should constantly be on the necessary voyage of discovery and search for new knowledge to resolve our devastating growth and development challenges and subsequently create wealth...
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...
Improperly abandoned oil wells, improperly abandoned facilities, and abandoned oil sumps are all potential sources of safety hazards. Prior to current abandonment procedures, oil wells were cut off below ground and capped...
Why should I go out this time to cast a vote that seem to have already been compromised by people like Adedibu who have registration materials right in their homes? Why should anyone?
While observers and stakeholders have extolled Amaechi for certain accomplishments in governance, the social growth and demand of our people intensify every day. This shows that there are still people who have not conquered their basic need of food, clothing and housing...
I write this article with a heavy heart because, like anyone who grew up in Plateau State in those seemingly ancient days when it was a model of peace and multi-ethnic concord, I am at a loss for words...
I am not a soothsayer but if I were asked to say something, anything, to the present government in Nigeria, I would say: Beware of the Ides of Rice! Why?
Rather than making sweeping remarks at Nigerians in the Diaspora, Nigerian leaders should demonstrate genuine love for our land and our people by talking less and acting more in making life worth living for Nigerians...
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