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. …
Business & Economy
-
-
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 …
-
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 …
-
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 …
-
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 …
-
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 …
-
The Governor of the Central bank of South Africa, Gill Marcus, has proven herself a pragmatic free market banker…
-
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 …
-
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 greatest threat and the major contributory factor in the undermining of a given economy and its currency is inflation…
-
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 …
-
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 …
-
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 …
-
To understand how the Chinese business community was able to transform themselves and their country is not that simple…