Business & Economy

Recalibrating MPR, A Proud Moment of Macroeconomic Stability from Volatility

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...

Olayemi Cardoso: Steering Nigeria’s Macro Economy as Governor of the Central Bank

Since assuming office as Governor of the Central Bank of Nigeria (CBN) on September 22nd, 2023, Olayemi Cardoso has spearheaded landmark reforms that have...

What Happened To Nigeria’s $20 Billion?

Nigeria is subliminally going through perilous times. Unfortunately, the factors responsible forthese conditions are dangerously explained away politically. The people are hit by mute...

Regulatory Inertia vis-à-vis Predatory Banking Practices in Nigeria – Part 2

ATM frauds have become incessant in Nigeria, as is worldwide, but the menace is more pronounced in our new generation banks...

Regulatory Inertia vis-à-vis Predatory Banking Practices in Nigeria (1)

There are daily reports of how Nigerian banks rip off their customers through various charges and practices. And, repeatedly, these customers complain and cry out for appropriate regulatory intervention. Unfortunately, their complaints seem to fall on deaf ears...

Why uncertainty beclouds Nigeria’s economy

Since the global economy witnessed a recession in 2007, Nigeria’s economy has been surrounded by a distressing cloud of uncertainty, although it was not directly hit by the causative factors. Various steps taken to check the rampaging effects were ineffective...

SEC’s Opportune Time To Sanitise Capital Market

Since Arunma Oteh assumed office as director-general of the Securities and Exchange Commission last year, she has made no secret of her determination to embark on a crusade to sanitise the capital market...

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...

Don't miss

The Olympics and Great Britain’s magic wand

Take just an English and you have a dull person, take two English and you get two dull people, take three English and you get a great nation. That in part is the story of the successful Olympic Games we are currently witnessing in London...

Ijebu-Jesa Grammar School at 70!  (2)

According to Michael Afolayan, a US-based Professor of Education...

Jonathan And The Wrong Question

Once again, Nigerians are caught in the trap of asking, and seeking to answer, the wrong question. This time, the question has to do with Goodluck Jonathan: Should he, or shouldn’t he, run in the forthcoming presidential election?

Freedom Coalition: $250m fund to elect Abubakar Umar…(4)

If Jonathan eventually clinches the PDP nomination - which we should pray for, but eventually loses the 2011 elections to a Northerner from the opposition parties, neither Jonathan nor any Southerner will be given the opportunity again to contest in 2015 on the platform of the PDP...

Softly, Softly Rev. Fr. Mathew Hassan Kukah

It is shocking and disturbing to read about Rev....

A Barrel of Crude for $100: In defense of Nigeria

They analysts always predicted it and I always wondered who would get the blame for crude oil prices reaching the much-dreaded yet expected $100 price for a barrel...

A 21st Century Health Care Delivery System/Policy in Nigeria: Myth or Reality?

As the saying goes, Health is Wealth. Nigerians and...

Plane Crashes, Corruption and the National Security of Nigeria

Once in a while, a plane will crash somewhere in the world. This was exactly what happened in Nigeria on Sunday, September 17, 2006, when a military plane crashed. As much as one endeavors to rationalize that the plane crash was an unfortunate incident, there is a tempting desire to probe more...

Before The First Whistle in the 2010 South Africa World Cup

Under the vicious, heartless and pernicious, inhuman, political and economic systems of Apartheid, there could not have been a World Cup competition in South Africa...

Nigeria: Where Cometh Our Help? (1)

When the future of a nation is left swathed up in warts in the hands of platoons of tomfoolery and retrogrades, a double-edged sword of endemic and pandemic automatically become the results, and the entire citizenry feel the effect of the quotidian lancination that did not emerge in paroxysm...