Aliko Dangote, the richest African capitalist is on a move and it is no surprise to global market observers and analysts that he is strategizing to list his $11 billion …
Business & Economy
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Having borrowed heavily to meet shortfalls in government tax revenue and bloated social spending, it came to the point the US economy could no longer continue to attract foreign money …
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The impact of the fuel subsidy removal which contracts disposable income with the rising price of the food and fuel products is a reality…
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Nigeria during her exit from 2006 Paris Club of Creditors was granted a mere 18 percent write down for the $36 billion she owned to mostly European creditors…
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On the report issued by IMF after its consultation with Nigeria, in which the country’s macroeconomic well-being and stability were reviewed, IMF’s report was cautiously optimistic, emphasizing progress not stability…
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According to the Domestic Macroeconomic and Financial Developments issued by Sanusi’s Central Bank of Nigeria, the “real Gross Domestic Product (GDP) grew by 8.68 per cent in the fourth quarter …
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As one of the fastest growing economies on the continent, Nigeria a needs stable atmosphere to continue with its higher economic growth rate and for it to achieve its vision …
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The socio-economic aftereffects of the recent controversial removal of subsidy on petrol by the Federal Government of Nigeria have begun to manifest negatively, particularly in the observed lull in the …
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Like most other stock markets around the world, Nigerian stock exchange was devastated by the global financial crisis of 2008. But unlike many that have already recovered, the recovery of …
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Sustainable transformation efforts being initiated to effect marked improvements in the quality of life of the people in all areas of human endeavour certainly involve change-producing forces in any society…
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Despite the Indian resort to the family way of running business, some of the most successful family businesses in the country are run by family members with MBAs…
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The three counterparts that make up an economy, the companies, the consumers, and the government, are all contributing to a deteriorating economic situation. Through their actions, all three are complementing …
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Allocating 72% of the budget to recurrent expenditure seems to me very outrageous, and a move away from the government mantra of fiscal prudence. Though, as one analyst observes, it …
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Any visitor to Nigeria, observing the raging noisy altercation about the removal of the so called subsidy on petroleum products, would be led to so many faulty assumptions which the …
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In this era of technological revolution, a sequel of the industrial era, Nigeria should jump on the bandwagon of promising knowledge economy that predominantly drives the development of new technologies, …
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There is no great economy without many regional economic entities competing among themselves within it. The United States, which every nation has looked up to until the recent emergence of …