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...

Nigeria Shareholders’ Dividend: Lost or Looted?

Share investors and other stakeholders in Nigeria's stock market have long been claiming that their accrued dividend does not give them the corresponding returns...

CBN's Puerile Defence Of Nigeria's Weak Banks

Before Sanusi's advent at the CBN, many of the rating agencies showered encomiums on a good number of Nigerian banks including the ones that failed the apex bank's stress test. Not a few of the banks were rated AA or won awards as best banks in Nigeria or Africa. It was after the interventions that the international community awakened to the fact that there was serious rot in the Nigerian banking system...

Nigeria's economy: Inflation and other economic indicators

Nigeria's economy is churning along after the problems of liquidity and banking sector meltdown that nearly crushed the financial market. The economy is progressively in recovery and it looks like the confidence of the Nigerian consumer is gradually rebounding...

How Nigerian Banks Mislead Investors With Crafty Accounting Reports

Investors should be wary of the antics of banks and scrutinise their results and body language thoroughly before staking their money because the banks are still very far from full recovery...

Bank lending to SMEs slumps despite CBN’s support for the sector

Commercial bank lending to small enterprises in Nigeria has slumped considerably despite sustained Central Bank of Nigeria efforts to support the sector...

Camac Energy Inc: Opportunities and Strategies for growth and development

With its footing in west Africa, Camac Energy, Inc. may not only have to rely on its operation in Oyo Oilfield, but it can also bid for oil exploration  licenses in Nigerian deep waters and off shore...

Nigeria and China: The $23 Billion sunshine deal

China is a big player in Africa and Nigeria in particular especially in oil and gas industry. China has a history of trying to consolidate the deal to refurbish Nigerian refineries...

Nigeria 's sovereign wealth fund: Transparency and sound Management

Nigeria is making a bold but calculative move to establish a sovereign wealth fund. The Acting President of Nigeria Goodluck Jonathan has asked his economic team to make the requisite arrangements to establish a sovereign wealth fund...

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?