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…
Business & Economy
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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 …
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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…
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The greatest threat and the major contributory factor in the undermining of a given economy and its currency is inflation…
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Military professionalism in a society is enhanced if and when the civilian rulers are steeped in democratic ethos. They should also be professionalized to the art of good governance and …
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The CBN has not given up on its pro-growth and pro-market policies. But in spite of the CBN policies and good intentions, the greatest danger lies ahead because of the …
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The adoption of renewable energies is fraught with a myriad of problems including the fact that it is very capital intensive and requires a pool technical skilled persons and a …
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To understand how the Chinese business community was able to transform themselves and their country is not that simple…
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Oando Plc has the potential and the credibility to become a major player in the global energy industry in 21st century…
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Special Drawing Rights can become a powerful instrument to wipe out all the African debt. IMF can create more SDRs and issue an allocation specifically for debt payment without triggering …
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Nigerians should not hesitate to volunteer information that will prevent capital flights. This is for the interest of the economy and our people. We can gather intelligence or become intelligent …
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The Central Bank of Nigeria announced at the beginning of the first quarter, 2010, to keep and maintain 6 percent benchmark interest rate…
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What exactly is the magnitude of our ‘offence’ if put in the proper perspective? Did Nigeria and Nigerians invent internet scamming? Did we take out a patent on it, or …
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The government of Anambra State of Nigeria and Access Bank, a local financial institution, have recently launched a 2.5 Billion Naira microfinance project. This is good news…
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The billions of dollars that Nigeria paid was larger than the donations the rich nations will be providing to poor countries in a period of ten years. The money paid …
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It is arduous, if not a herculean task, to safeguard and revamp a currency in the era of globalism and international currency trading. The recent and precipitous declining value of …