Columns

Each and Every One of Us Against the State, By Uddin Ifeanyi

But do journalists deserve to ride G-Wagons too? Or put differently, there's no reason why journalists’ instincts for self-preservation should be less well-honed than those of bankers. At the heart of much of what ails our nation is this penchant for individuals to assess what each can prise out of…
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Columns

Saving Nigeria: Integrity Vs. Competence, By Uddin Ifeanyi

...it will matter that we understand both the dynamics of our economy, the dynamics of the changing global economy, and how both interface if the resulting disruption is not to challenge everything this country has stood As this process gathers momentum, it will help that those who are saddled with…
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Columns

Monetary Policy and Barriers To Doing Business, By Uddin Ifeanyi

...stronger market/private sector response functions will render unnecessary much of the bolshiness from the current management of domestic monetary conditions. My first reaction to the fusillade of circulars last week, as the Central Bank of Nigeria (CBN) sought to deny parts of the economy access to its open market operations,…
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Columns

Banks, the CBN, and Fiscal Reforms, By Uddin Ifeanyi

Currently, the biggest charge before banks is their reluctance to lend. They seem minded to dump their funds in fixed income government securities, where they make a huge killing, rather than lend to businesses without which the economy stagnates. The unanswered question, here, is why banks’ indifference the current peculiar…
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Opinion

An Abstract To The Economic Advisory Council, By Umar Yakubu

The Economic Advisory Council should keep in mind that Nigeria is one of five countries - alongside Bangladesh, India, Ethiopia and Republic of Congo - that harbours half of the world's extreme poor. Its time to shift from macroeconomic slogans of GDP size, debt-to-GDP ratio and truly improve the living…
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Columns

I Wanted To ‘Insult’ The President, But I Didn’t Want To Go To Jail, By ‘Fisayo Soyombo

...as you would imagine, I would talk about Sowore whether or not I’ll end up in jail? Why? An injury to one is an injury to all. Let’s not mince words: Filing charges against Sowore for “insulting” the president is laughable, a complete abuse of federal powers and a lowering…
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Columns

Outside Insiders, Policy Flip-flops, And Oracles, By Uddin Ifeanyi

Understandably, for most Nigerian companies, rather than go through the toilsome process of organising those elaborate year-end strategy sessions, where no sooner has the ink dried on the resulting strategy document than the operating environment changes radically, a better route to sustainable market presence is to strengthen their regulatory affairs…
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Columns

On The CBN’s New Policy Thrust, By Uddin Ifeanyi

Nonetheless, by so barefacedly usurping the fiscal side of government business, the CBN has unwittingly added to the confusion around policy. Especially, in a way that, over the years, has seen most businesses interested in the Nigerian economy prefer to keep their gunpowder dry. Since 1960, successive Nigerian governments (except…
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Columns

Understanding Nigeria’s Monetary Policy, By Uddin Ifeanyi

...whereas it mattered that the Central Bank governor did not wait to coordinate his fiscal policy direction with the finance minister, the danger that his depiction of the CBN’s monetary policy trajectory is ex parte, as it were, is a much worrisome one. Five years ago, on resuming his first…
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