One of the most controversial chapters in the Sanusi banking reform is his sacking of the managing directors of five banks and replacing them with CBN appointed managers. Many people …
Business & Economy
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Numerous stakeholders in the financial industry and Nigerians in general have well-observed over time, that Malam Sanusi’s carefree and occasionally inconsistent policy pronouncements on certain burning fiscal issues concerning Nigerian …
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There has never been a worse time for Europe than now. Its euro zone economy is almost bankrupt. And this long awaited time-bomb is taking place after decades of loading …
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There is evidence that the major beneficiaries of oil subsidy are oil importers, distributors and filling stations across the country…
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Aside series of persistent obstacles, shortcomings and problems, Nigeria, like every other developing country, is driving towards a stage where it could accommodate a good number of people from the …
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Most African economies – of course, led by Nigeria – are in their respective sorry states today because of their rush to reclaim the political territories without appreciating that – …
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When most African countries became independent during the 1960s, joining the political class was more appealing and rewarding than going into the private sector…
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Had China’s economic revolution followed traditional western development route, the usual ‘big bang’ neoclassical path; had it accepted the usual, ”Don’t do as we in the west do, but do …
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It’s with unparalleled delight that a cross section of Nigerians, especially the youth population, learned about and commended President Goodluck Jonathan Administration’s recent launch of N50billion fund for job creation…
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How else will one describe a country where a tiny rag-tag group of terrorists have bamboozled her commander-in-chief into celebrating independence under the rocks?
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Now that the Jonathan administration wants to fully transform and diversify our country’s economy from its present oil-base to a vibrant industrial economy, it’s obvious that we now need to …
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The killings in some parts of the country including bombings, kidnappings and fatal armed robbery attacks being perpetrated on a daily basis with barefaced brutality must stop if this economy …
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The truth is that every great people must first lose their direction several times before finally finding the right direction. That’s how every fallen great nation can rise to greatness…
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The following are incontrovertible facts about the Nigerian electricity sector: there is either no or epileptic electricity supply in about 90% of Nigerian homes and offices which, thus, depend on …
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One of the most noticeable changes in the management of stock exchanges around the world during the last one decade is the move toward mergers between major stock exchanges…
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Her second coming into the country’s helm of affairs as a Minister of the Federal Republic is considered in many quarters as a development that portends a huge blessing for …