Economics
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Workers kick as governors borrow N2.2tn from banks
Amid worsening revenue challenges, state governments’ indebtedness to commercial banks has risen to N2.2tn. The latest data from the quarterly…
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DON’T OUR MINISTERS OF FINANCE UNDERSTAND MORAL HAZARD AND CONFLICT OF INTEREST?
The news of Nigeria’s immediate past Minister of Finance, Budgeting and National Planning picking up a job as an…
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Sustaining the recent economic reforms
The Bola Ahmed Tinubu administration within its first few days in office announced far-reaching reforms to reposition the economy on…
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THE US INFLATION REDUCTION ACT 2022 – LESSONS FOR NIGERIA’S WAR ON INFLATION
I have been ruminating at length about Nigeria’s inflation. Known as man’s worst enemy in monetary economics circles, inflation…
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Where is West Africa's MPESA?
So, in Kenya they have had this MPESA innovation in payment systems which makes it easy for commerce especially…
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Leveraging Nigeria’s Demographic Dividend: Maximizing Economic Development through Population Advantage
Population is one of the key factors that can influence a country’s economic performance. While a large population presents significant…
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CBN revokes 179 microfinance banks, others’ licenses
The Central Bank of Nigeria has revoked the licences of 179 microfinance banks in the country, as well as four…
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ARRESTED DEVELOPMENT – CASE STUDY OF SOUTHWEST NIGERIA
One thing is very common to most Southwest towns – storey buildings made of mud and later cement –…
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First Citizens bank to acquire collapsed SVB
United States bank, First Citizens, on Monday, said it has agreed to purchase all loans and deposits from Silicon Valley…
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NIGERIA HAS AN IMMEDIATE OPPORTUNITY TO RAISE $300 BILLION AND TRIPLE HER ECONOMY
I love challenging our thinking and jarring my readers’ imaginations from time to time. Last week, I wrote about the…
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