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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...
Commercial bank lending to small enterprises in Nigeria has slumped considerably despite sustained Central Bank of Nigeria efforts to support the sector...
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...
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 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...
The National Economic Council made up of State Governors, relevant Ministers and the Presidency came out with a heartwarming resolution to formally create a National Sovereign Wealth Fund...
Nigeria’s external debt is currently over $5 billion dollars. Many Nigerians will be surprised to hear that Nigeria is still an indebted nation after she exited from the debt of Paris Club and London Club in 2006...
In Nigeria, inflation rate remains high and is causing great pain and misery to much of the teeming population. It has increased steadily in recent times...
The Obasanjo who emerges in his daughter’s letter struck me as an altogether familiar figure. There are, for me, few surprises, save for the daughter’s unflinching marshaling of evidence unknown to most Nigerians in order to sustain her intrepid assessment of her father...
It is not clear whether the CBN’s prescription of rigid, minimum capital requirements for all banks irrespective of the nature and size of their businesses and the riskiness is consistent with international approaches to prudential regulation...
There have been year long adulation and euphoric overindulgence for an Obama presidency. These have been calibrated in many ways. Media houses, political pundits, housewives, students, black Africans have all been smitten by a new addiction - Obamamania. Even women in the US are shaving their pubic hair in support of Obama...
Image matters in everything, our appearance matters. Foreigners will make up their mind on Nigeria through those representing us outside our shore. We must make do with our first eleven...
Even now as I try to put it down in printed words, I am shaking my head with a mixture of amusement and amazement as I punch away on my PC’s keyboard. I am still trying to get my head round that encounter I had on my way home that evening....
Tending goats in the village can teach you a lot of things. The instincts are buried deep like etchings on a tombstone...
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