Columns

Rising Inequalities, Monetary Policy, and Social Cohesion, By Uddin Ifeanyi

...as a friend argued recently, “as income inequality rises, then, the challenges around social cohesion rise”. Across vast swathes of the country, this ugly dynamic is playing out at great cost in lost lives, property, and income-earning opportunities. That the central bank may be adding faggot to this fire ought…
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Opinion

Atiku’s Allegations and Issues of Transparency In Corporate Acquisitions, By Ken Tadaferua

President Buhari and family have been loudly silent. Not even a word from them. But the Presidency and hardcore Buhari supporters have risen vigorously, like a swarm of angry bees, to the president’s defence, more with emotional flusters, counter-allegations of corruption, labels and abuses of Atiku, than the offering of…
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Opinion

Puncturing the Deception: There Are No 12 Million Rice Farmers In Nigeria!, By ‘Tope Fasua

...this government is also coming up with a grander lie. From the time that Jonathan’s government managed to find 10 million landholding farmers from the population of Nigeria’s mostly 70 million working males, the Buhari government has done the unthinkable, the incredible - it found 12 million RICE FARMERS alone,…
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Columns

Banks In West Africa: Struggling Amid Tighter Regulatory Grip, By Rafiq Raji

To push them along, the CBN announced a number of stimulus measures in August. It offered to release some of the funds kept by banks with it as reserves for lending to agricultural and manufacturing firms at the single-digit rate of 9 per cent. Additionally, it offered to buy long-tenured…
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Columns

Making Nonsense of the Monetary Transmission Mechanism, By Uddin Ifeanyi

...despite the “neutral” tone of the communique from its last meeting, the CBN has tightened domestic monetary conditions since its policy committee since While the CBN may, thus, placate sections of the Nigerian public who describe these processes in nationalist terms, it is doing grave damage to the monetary policy…
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Columns

Nigerian Banks: A Pro-People Agenda, By Uddin Ifeanyi

...after more than a century-and-a-quarter of banking in the country, and the failure of banks to reach the poor and vulnerable, it might help to interrogate these relationships differently. Two initiatives of the Central Bank of Nigeria (CBN), last month, underlined the fundamental difficulties confronting financial services institutions in the…
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Columns

2019: Why the Applecart Needs To be Upturned Again?, By Uddin Ifeanyi

In kicking out the current national leadership, we may not get the vote right next year (as we obviously failed to do in 2015). But Nigeria deserves a healthier, more knowledgeable, and more inclusive leader if we are really to make a decent fist of governance in our rapidly-changing and…
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Columns

Manufacturing In Nigeria: Status, Challenges and Opportunities, By Rafiq Raji

...manufacturing is challenging in Nigeria. But there is a clear desire by the government to encourage more of it through import bans, facilitation of cheaper funding, discriminatory foreign exchange policies, and so Interested companies, whether local or foreign, would do well to key ’s initiatives to ensure they get the…
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