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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...
Because Nigerians have no culture of carrying coins, CBN's idea of temporarily allowing N5, N10, and N20 notes and coins to circulate side-by-side should be made permanent. This is because in increasingly modern economy like ours, both the note and coin have specific roles in aiding financial transactions...
Should a nation as vastly endowed with oil wealth as Nigeria continue using lanterns and candles in powering its development, or remain in darkness when it should have used a fraction of its 40 billion barrels of oil reserves...
Confronted with stagnating domestic markets, declining absolute profits, and the need to evacuate redundant dollars overseas, the Rockefeller-led neoliberal globalists believed it was time for global economic restructuring in a way that would break down all barriers to international trade and investment...
Besides weakening Chinese economy, saving petrodollar which meant not to allow Saddam Hussein to carry out his threats of switching from dollar to the would be petroeuro was why Iraq was invaded in 2003. If it's not, what else would have been the explanation for such high oil prices while Iraqi oilfields which would have been pumping as high as 6 million barrels per day remained locked up?
From the erratic, unpredictable and unsure brainwave that rules the country's economy at present came the decree one sultry morning that the Naira is about to be restructured. The high point of the restructuring is the plan to print N5,000 notes and the conversion of lower denomination of the national currency into coins...
Frankly speaking, I don’t have a problem with the proposed plans by the Central Bank of Nigeria to honour some of our past women leaders, who stood out like Amazons and fought gallantly to redeemed the image of women in the country and contributed immeasurably to the freedom and democracy we are all enjoying today...
How long will it take Nigerian policy makers to come out from their self imposed bubble and comprehend that the policy decision they make can have adverse consequences?
Femi Otedola has taken Zenon Petroleum and Gas to its greater heights in the area of petroleum products marketing and distribution. As the president and chief executive officer, he has accomplished the tremendous task of making Zenon a household name in Nigeria and beyond...
Anyone who has not taken complete leave of his senses looking at world events and the speed at which they unfold would agree that any opportunity to pray is welcome. I expect George Bush and Olusegun Obasanjo to retire to a private room and pray to the Almighty God asking for wisdom...
The result of clueless leadership is the constant dashing of hopes of the next generation. Planning is based on religious mumbo-jumbo auctioned at the altars of prosperity gospellers...
Anambra State needs and deserves a governor and leadership that will transform the wasteland of poverty, ignorance and corruption into a stable and fulfilling society...
Those who use age to rationalise Nigeria’s insalubrious political conduct forget that in the same western hemisphere with America is a country called Haiti, the world's first black-led republic which became independent in 1804. Today, Haiti remains the poorest nation in the Americas without a scintilla of democratic culture…
Ever since oil drilling got under way in the Niger Delta’s Oloibiri in the early 1950s, the communities that surround this stormy body of “oil-hood” have lived in dread of an environmental failure...
The same day that the murderer of Monrovia was convicted at The Hague, Nigerians awoke to yet another attack by the dreaded Boko Haram. This time, the group targeted a building in Kaduna that houses three of Nigeria’s major newspapers...
Alex Ibru (1 March 1945 – 20 November 2011) was...
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