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...

The True Nature of the Private Sector in Nigeria

Many ‘private sector’ outfits in Nigeria are actually owned by public officers, their relations or fronts. This creates the impression that such organisations are extensions of the public sector and makes it difficult to know, in real terms, what constitutes the ‘public sector’ and ‘private sector’, respectively, in Nigeria...

Solving Nigeria’s Despairing Power Sector Problem

This piece is not unmindful of the seeming improvement Goodluck Jonathan has brought to the power sector. We think it is too insignificant though. And that is apart from the possible fact that this marginal upping of result here could be all about the 2011 elections, after which we grind to a halt again...

Saving Nigeria’s Economy: Sanusi In The National Assembly

It is a popular joke that a carpenter of a developed country becomes an engineer when he comes to any project in a third world country. Those statements sum-up the effect of misusing our collective resources; money and wealth by those in authority...

Bailouts Rescues Worldwide, But How About Africa?

Now that greed and corruption of a few for the benefit of a few have wrought destruction of global magnitude, it is now the case that there is an onset of selective bailouts and rescues of some nations and their banks, financial institutions and their national economies...

Nigeria and its $32 billion debt hole

In Nigeria, there is little that differentiate the government's sources of revenue and expenditure from that of the elite in the helm of affairs. In fact, they are one and the same...

One Nigerians but two prisons

Nigerians were angry that Cecilia Ibru got off as light as she did.  Over the past few months, she was vigorously pursued by the EFCC on allegations of abuse of office, granting loans up and above an approved CBN directive and using depositors’ funds for personal use...

Nigeria in the Eyes of the World; a look into Legatum Document

On October 1st 2010, Nigeria celebrated her 50th independent anniversary, while the euphoria among the “high and mighty” is still at its peak, and the nostalgic feeling among average Nigerians is still fresh in our memory, it is instructive that we keep in view, the 2009 Legatum Prosperity Index

Desperation politics and implications for investment

Nigerians have in the past one month witnessed with steadily growing alarm a heightening desperation exhibited by politicians in their bid to control the country’s federal government in the next political dispensation...

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?