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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...
With the return of democracy in 1999 it became obvious to those looting the country's economy using so called national debts that it wouldn't take long before Nigerians began to demand explanations for the country's debts...
To an indolent mind, sexing data to pump up GDP figures is an example of how politicians lie with statistics. But a critical mind will see the ingenuity in such an expansion of the base of the estimates that make up a country’s GDP, as such illicit activities as smuggling, child trafficking, prostitution, drug trafficking and corrupt practices are part of the underbelly of every modern society...
The problem of cards getting jammed in ATMs is traceable to system errors in the machines. It is analogous to cases where the machines fail to dispense cash to customers yet debit them. Bank customers are not to blame for these system failures, and should not be penalized therefor or made to pay for same. The problems associated with ATMs in Nigeria are many...
Sadly, Nigerian employers have turned their recruitment exercises into income-generating ventures. In all, poor jobseekers pay for every job application, with no assurance that the most qualified or exceptional will secure the job!
Although the budget is more of an expected revenue and expenditure within a given period of time, it mirrors how our resources are managed and the areas that the different arms and agencies of government spend our money. A critical look at the budget proposal and the appropriation bills passed over time shows a rise in the recurrent expenditure...
After it became ignobly clear that General Sani Abacha was ignobly and perversely determined to destroy democratic governance in Nigeria, some academics with social conscience met at the Obafemi Awolowo University to design the theoretical and practical strategies to terminate his madness...
President Goodluck Jonathan's economic blue-print for industrialisation is crucial to the development of Nigeria and this has been commended by well meaning progressive Nigerians both at home and abroad...
Nigeria should seek some unconventional solutions to tackling its power problem. The most plausible way to putting the present power problem behind us is to seek sovereign loans from countries like China, using the country's oil reserves as strategic collateral...
Dr Reuben Abati looms large ostensibly in the public consciousness but this reality does not guarantee, in my humble estimation, any 'immunity' from the public 'trial' he is now facing...
Nobody cared to stop and ask what was amiss. She was being raped! Everybody kept up their pace; it was nobody’s home; she was nobody’s daughter; and it was nobody’s pain…
It is impossible to tell, with any degree of certainty, how Africa would have turned out without slavery and colonialism. All we can do is guess, make conjectures...
In Nigeria, the Constitution went out of its way to literally make the political parties the engine of democracy and the political process. It is those roles assigned to the political parties that I want us to revisit and perhaps have a shared feeling of their relevance to our political lives...
Of great interest is the newspaper reading trend which has been in existence in various nooks and crannies of Nigeria. It is jokingly called the The Free Readers Club...
Ibori was an avowed disciple of Abacha. He was one of the Abacha boys in that dark age of our national life. That has been said already. But we make haste to say here: like Abacha, like Ibori!
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