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...

Currency Redenomination: The Cedi Ahead As Politics Halts The Naira

There are indications that Nigeria’s currency, the Naira, is favoured to be the ECOWAS common currency in 2009. Given the current rate of exchange between the Naira and the U.S. dollar, vis-à-vis the Ghanaian cedi and the U.S. dollar, there is need for the naira to buckle up or for ECOWAS to have a rethink…

Naira Redenomination: Winners and Losers

In every Sabo and near transit centers are men and families who will lose their means of livelihood if Soludo had succeeded in making the naira convertible and strengthened its rate of conversion...

A Vessel Leaking From The Top

The way the federal government bungled the planned redenomination of the national currency by the Central Bank of Nigeria, CBN, is about the clearest proof that President Yar’Adua has been held hostage by some sinister forces outside government...

The Naira: Politics versus Policy

Many pro-policy advocates were caught off-guard when the government officially announced that Soludo acted unilaterally without proper clearance from the seat of power, and therefore all actions on the proposed changes should be suspended...

Soludo’s Honest Mistake

Unless there was willful attempt on the part of Mr. Soludo to undermine the President, bring disrepute to the country, cause mischief or attempt to injure the nation’s national interest, there are no valid reasons to fire him or ask him to resign...

Direct And Opportunity Cost Of Nnpc $5 Billion Mismanaged Fund: Forgone Conclusion

Suffering in the midst of plenty can only best describe the opportunity cost of the growing evidence of personal abuse of public trust and funds by our leaders on the scale that has now become a public knowledge...

Soludo Is on Point But Must Go Farther

I have since learnt not to bet against Soludo. Soludo represents an emerging and rare trend in government: a seasoned professional with a solid team...

Kudos to Soludo on The Naira’s Strategic Agenda

Professor Charles Chukwuma Soludo deserves national applause for his bold and courageous move regarding the Naira...

Don't miss

Nigerian Banks, ATMs and Customers: Matters Unending

While it is well understood that banks are not non-profit making outfits, banking should albeit be practised in a very professional and idealistic manner. Nigerian banks should desist from continuously devising means of ripping their unsuspecting customers of their deposits in trickles...

From Yahoo Yahoo to Yahoo Plus

Nigeria’s social dilemma is money. We ruminate endlessly on how, when and where to get it. We place far more value on material success than cultural and human values...

Nigerian Style Of Football

We played the game. It entailed any number of...

Is Nigeria Working?

If Nigeria is working, we will know! Those were the...

Let’s Expunge Security Vote and Immunity

After dragging their feet for 11 years, members of the National Assembly recently passed the Freedom of Information bill. Till the bitter end, many legislators left little doubt that they were not in love with this small but potentially significant step taken in the direction of accountability and transparency

Yar'Adua and the lesson of history

As flags flutter at half mast following the death of Nigeria's former president, late Musa Yar'adua, the events leading to his demise speak volumes in terms of impact and lessons for the country...

Changing Times

America has a wonderful society with lots of opportunities yet it is a community of varying immigrants and this could be confusing to children being raised in the America society by parents of different or foreign cultural orientation.

Bring back our pencils, rulers and chalk

I have just read of a call by a...

Presidential Debate: Please may 2008 Obama stand up

Mr. President, say your prayers and drink lots of water to calm your nerves; Paul Ryan is a testament to that...

Celebrating Freedom

In all other cities it was the sight of patrol officers, sniffer dogs and F-16 jet hovering over the skies and watching over thousands of people that marked the hot July 4th celebration.