Just as many predicted when President Umaru Musa Yar’Adua signed the 2009 Appropriation Bill into law last March, the Executive and Legislative arms of government at the federal level have, …
Business & Economy
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If there was anytime that Nigeria was truly good or great, it was in the vainglorious 70s, sometimes snidely referred to as the ‘oil-boom’ years. Those who experienced it describe …
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Ironically, because of the lack of confidence in our Naira, Nigeria is already Dollarized in an unofficial sense. While the Naira is still the medium of exchange, it has virtually …
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Ironically, because of the lack of confidence in our Naira, Nigeria is already Dollarized in an unofficial sense. While the Naira is still the medium of exchange, it has virtually …
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Analysis of the official pronouncements of top government functionaries in Nigeria on the current global financial crisis reveals one of two things: Either a clear lack of understanding of the …
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We must all be aware that the Russian bears in Moscow are not sleeping and are making tangible plans to scuttle Nigeria’s attempt at energy and economic sustainability in the …
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After 48 years of independence from colonialism, Nigeria is today owned and controlled by few Indian businessmen whose reach, influence and power could grind our economy to a halt…
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At less than 1%, the share of manufacturing in Nigeria’s exports is minuscule. Most industries are struggling to survive, with capacity utilization in manufacturing down from 64% in December 2007 …
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At less than 1%, the share of manufacturing in Nigeria’s exports is minuscule. Most industries are struggling to survive, with capacity utilization in manufacturing down from 64% in December 2007 …
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To triumph in business today, never take it for granted that your past or what you read in books, scrolls, pamphlet and business magazines, will catapult you into the exuberance …
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I suspect that the collapse of the world financial system is probably as a result of the work of Transparency International and other national economic and financial monitory and regulatory …
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This country’s woes emanated from wrong leadership and the citizens’ mindset. It is no secret that Nigeria remains under siege…
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“Where did all my money suddenly go to?” That was a question my friend asked, directed to no one in particular as he looked at the share prices of companies …
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It is no longer strange that Nigerians are expecting a lot from Yar’Adua’s administration. We expect them to convert resources and opportunity into a gainful economy that can produce Nigeria’s …
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It is not clear whether the CBN’s prescription of rigid, minimum capital requirements for all banks irrespective of the nature and size of their businesses and the riskiness is consistent …
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The nation’s refineries are still comatose despite huge amounts of money thrown at them…