Business & Economy

It is easy to understand that any Nigerian that knows what an oil bloc is will want one. Understandably not every Nigerian can get one. The question then is: In …

If it is now agreed that NNPC should be privatized so that the field is left open for private participation in upstream activities in Nigeria, then caution must be exercised. …

If a team is hired to turn around a badly managed economy, but after 18 months on the job, rather than turn it around, it has made matters worse, should …

By the time the ravaging global liquidity crush, which started on Wall Street in September 2008, was over, Nigeria’s own version of the financial fiasco couldn’t be more dramatic. Dropping …

First indictment was that former President Obasanjo left a whopping $67 billion in foreign reserves for his successors. Second indictment was that Yar’Adua and Jonathan administrations squandered that money in …

Given how long-term growth prospects and macroeconomic sustainability are interwoven, securing the financial sector’s soundness in the economy should never happen in isolation…

The havoc the 2008 financial crisis brought to Nigeria would have been minimal, had it not been that the breakdown in CBN’s oversight and surveillance system allowed the country’s banks …

It is good for the residents of a given society to pay their taxes, but the authorities concerned with the management of the people must make sure that the people’s …

Streamlining our unheard-of 541 agencies and departments, especially with many just duplication, should be done immediately. It’s time to implement the white paper on the Ahmed Joda Panel Reported on …

Increasingly loading the country with huge unproductive debts, sooner rather than later, ours will become a junk economy. The danger with the debt-trap is that as soon as a nation …

The question everyone seems to be asking endlessly is: how could Brazil have risen so fast it is not only beating Britain as the world’s sixth largest economy, but also …

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 …

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 …

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 …

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 …

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 …