Opinion

Nigeria Must Not Waste the Opportunity Called COVID-19 Crisis, By ‘Tope Fasua

This COVID-19 pandemic and the resultant shutdowns and global panic offer us an opportunity to throw away the box in which we have imprisoned our minds for too long as a people; as it pertains to our economics that is. Why have all the indices come up short for us.…
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Guest Columns

Ping-Pong Tournaments Between Fiscalists and Monetarists, By ‘Tope Fasua

Anyone that suggests that this economy will pull out of this morass first by reducing interest rates, so that people can borrow more, and hopefully employ more, and build big businesses, and then pay taxes, before we all have a taste of nirvana, does not love this country. What we…
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Opinion

Rationale and Solutions to High Interest Rates In Nigeria, By Toni Oki

...it is important to reiterate that Nigeria’s high interest regime reflects not only the cost of capital but also the cost of doing business in the country. Therefore, in order for Nigerians to begin to see a systematic drop in lending rates, the government must tackle the aspects of lending…
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Columns

Domestic Policy Choices — Between a Rock and a Hard Place, By Uddin Ifeanyi

Thus, any which way, our pain points are set to multiply in the days ahead. These new burdens would make sense if the gains arising therefrom are sustainable. But successfully driving through the changes that we must undergo to right the economy would require both conceptual clarity, and a singularity…
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Opinion

Stagflation: The Cancer Killing Nigeria and What Buhari’s Government Needs To Do, By Femi Akinfolarin

I would propose that GDP growth be driven by government spending focused on infrastructural development which can or should be financed through repatriated funds from corrupt officials, blockage of revenue leakage and stop-gap lending from multi-lateral institutions. But so that the infrastructural spend trickles down to SMEs what is done…
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