Opinion

Federal Republic of Inequality and Oppression, By ‘Tope Fasua

The problem we seem to have is that the oppressors of Nigeria are also holding themselves down. It is said that you cannot actually pin a man down, except you stay down with him. So Nigeria’s oppressors are local champions. If they let Nigerians breathe, and thrive, even they will…
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Columns

Q2, 2018 GDP Numbers: Tales Of The Expected?, By Uddin Ifeanyi

One thing is clear, well into the twilight of the Buhari administration’s first four-year term, old problems remain with the economy. Fifteen months into our economic recovery, momentum is still under-powered. With the population growing at around 3 per cent annually, domestic output growth needs to rise by much more…
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Columns

Foreign Capital Imports, Investor Confidence, and Economic Reforms, By Uddin Ifeanyi

How important, therefore, is it that the United States of America accounted for percent of capital that came into the country last year, Europe (including the the United Kingdom’s percent) accounted for percent, Asia (or more precisely, Singapore), percent, and Africa (South Africa and Mauritius) percent? This depends on one’s…
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Opinion

Unraveling Execution Trap As Challenge To Nigeria’s Economic Recovery, By Tunji Olaopa

...one of the direct consequences of the reform of the governance and administrative structures and institutions of the Nigerian state should be the adequate diversification of the Nigerian economy away from its unhealthy dependence on the oil sector. Economic diversification only speaks to a state’s creative capacity to read the…
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Columns

What Do the Recent Numbers On the Economy Mean?, By Uddin Ifeanyi

There may be many routes to “development”. But on the balance of evidence, the Buhari administration has not yet gotten this economy on any such sustainable road! The only other idea more frightening than this, is the realisation that despite one of the most traumatic recessions of recent is back…
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Opinion

Can Nigeria Ever Achieve Single-Digit Lending Rates?, By ‘Tope Fasua

...it is far better – and more reasonable and feasible – to achieve a 15 percent growth of the overall economy year on year, while living with double digit interest rates and double-digit inflation. That is what we should be targeting for now. There are too many sectors of the…
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Columns

On Today’s Meeting of the MPC; and the CBN’s Thought Processes, By Uddin Ifeanyi

Much of the public reaction to that document was taking up by attempts to parse Adedoyin Salami’s observation that the CBN may have turned “piggy-bank” for the federal government. Our laws don’t like this idea. Therefore, the Central Bank Act 2007 granted the central bank both goal and administrative independence…
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