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Business & Economy

  • Dangote Cement listing on London Stock Market is not necessary

    by Emeka Chiakwelu April 23, 2012
    by Emeka Chiakwelu

    Aliko Dangote, the richest African capitalist is on a move and it is no surprise to global market observers and analysts that he is strategizing to list his $11 billion …

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  • How AMCON saved our banks from global financial fiasco (I)

    by Odilim Enwegbara April 9, 2012
    by Odilim Enwegbara

    Having borrowed heavily to meet shortfalls in government tax revenue and bloated social spending, it came to the point the US economy could no longer continue to attract foreign money …

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  • Nigeria's inflation rate at 11.9% and CBN retains interest rate at 12%

    by Emeka Chiakwelu April 4, 2012
    by Emeka Chiakwelu

    The impact of the fuel subsidy removal which contracts disposable income with the rising price of the food and fuel products is a reality…

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  • Greece 53.5% Debt Write-down: Nigeria and Africa can do better

    by Emeka Chiakwelu March 27, 2012
    by Emeka Chiakwelu

    Nigeria during her exit from 2006 Paris Club of Creditors was granted a mere 18 percent write down for the $36 billion she owned to mostly European creditors…

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  • Nigeria: IMF, SP Reports acknowledge progress not stability

    by Emeka Chiakwelu March 19, 2012
    by Emeka Chiakwelu

    On the report issued by IMF after its consultation with Nigeria, in which the country’s macroeconomic well-being and stability were reviewed, IMF’s report was cautiously optimistic, emphasizing progress not stability…

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  • Nigeria's Economic growth and Statistics: Interest Rate, Real GDP, Employment and Inflation

    by Emeka Chiakwelu March 15, 2012
    by Emeka Chiakwelu

    According to the Domestic Macroeconomic and Financial Developments issued by Sanusi’s Central Bank of Nigeria, the “real Gross Domestic Product (GDP) grew by 8.68 per cent in the fourth quarter …

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  • Foreign Investors and Nigeria's High Security Risk

    by Shafiu Ibrahim Abdullah February 13, 2012
    by Shafiu Ibrahim Abdullah

    As one of the fastest growing economies on the continent, Nigeria a needs stable atmosphere to continue with its higher economic growth rate and for it to achieve its vision …

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  • SMEs’ fortune in zero-subsidy regime

    by Gbenga Kayode February 1, 2012
    by Gbenga Kayode

    The socio-economic aftereffects of the recent controversial removal of subsidy on petrol by the Federal Government of Nigeria have begun to manifest negatively, particularly in the observed lull in the …

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  • Nigerian Stock Exchange and its Many Troubles

    by Shafiu Ibrahim Abdullah January 31, 2012
    by Shafiu Ibrahim Abdullah

    Like most other stock markets around the world, Nigerian stock exchange was devastated by the global financial crisis of 2008. But unlike many that have already recovered, the recovery of …

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  • Dynamics of transformation in Nigerian economy

    by Gbenga Kayode January 21, 2012
    by Gbenga Kayode

    Sustainable transformation efforts being initiated to effect marked improvements in the quality of life of the people in all areas of human endeavour certainly involve change-producing forces in any society…

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  • Building business empires: lessons from India

    by Shafiu Ibrahim Abdullah January 18, 2012
    by Shafiu Ibrahim Abdullah

    Despite the Indian resort to the family way of running business, some of the most successful family businesses in the country are run by family members with MBAs…

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  • Fuel subsidy removal: Is the aim feasible?

    by L.Chinedu Arizona-Ogwu January 15, 2012
    by L.Chinedu Arizona-Ogwu

    The three counterparts that make up an economy, the companies, the consumers, and the government, are all contributing to a deteriorating economic situation. Through their actions, all three are complementing …

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  • 2012 Budget: fiscal prudence, subsidy removal and other issues

    by Shafiu Ibrahim Abdullah December 27, 2011
    by Shafiu Ibrahim Abdullah

    Allocating 72% of the budget to recurrent expenditure seems to me very outrageous, and a move away from the government mantra of fiscal prudence. Though, as one analyst observes, it …

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  • As The Battle line Is Drawn on Fuel Subsidy…

    by Peter Claver Oparah December 14, 2011
    by Peter Claver Oparah

    Any visitor to Nigeria, observing the raging noisy altercation about the removal of the so called subsidy on petroleum products, would be led to so many faulty assumptions which the …

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  • Save Nigeria’s imports-dependent economy

    by Gbenga Kayode November 30, 2011
    by Gbenga Kayode

    In this era of technological revolution, a sequel of the industrial era, Nigeria should jump on the bandwagon of promising knowledge economy that predominantly drives the development of new technologies, …

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  • Welcoming Northern Economic Region

    by Odilim Enwegbara November 24, 2011
    by Odilim Enwegbara

    There is no great economy without many regional economic entities competing among themselves within it. The United States, which every nation has looked up to until the recent emergence of …

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