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Economy
‘Oil curse’: Nigeria faces bleak economic future as a petrostate
The latest foreign trade data show that Nigeria recorded a trade balance of N6.52 trillion in the second quarter of this year, according to the National Bureau of Statistics (NBS)....
Fuel
Is Nigeria on the verge of a fuel price miracle or another empty promise?
Nigeria has long grappled with one of its most persistent economic challenges: fuel prices. For decades, the country has faced fuel queues, petrol shortages, smuggling, partial subsidy removals, and frequent price hikes...
Editor | Sep 23, 2024
Economy
Fiscal management: A rescue mission in resetting a broken economy
Recently, I came across a fascinating online publication urging the Nigerian populace to have strong faith and believe in His Excellency, President Ahmed Bola Tinubu GCFR's, current significant economic reforms...
Editor | Sep 23, 2024
Economy
Stuck in a cycle: How Nigeria’s economic reforms and environmental crises fail its people
Nigeria faces an escalating dual crisis: economic instability and environmental disasters. These simultaneous challenges underscore the urgent need for comprehensive reforms and effective disaster management....
Editor | Sep 23, 2024
Economics
Governing Nigeria: Economics doesn’t trump politics; it’s naïve to think it does!
It is the age-old chicken and egg question. Which comes first: the economy or politics? That’s the question at the heart of this intervention, and it was triggered by two recent events...
Editor | Sep 17, 2024
Naira
Competing for global customers—Keeping the naira stable
The stability of the naira is crucial for Nigeria's economic growth. A stable currency gives businesses the confidence to plan, helps investors feel secure, and keeps the prices of goods and services predictable. ...
Editor | Sep 17, 2024
Healthcare
Leveraging AI for equitable healthcare access in Africa
The future of African healthcare is looking brighter with the rise of AI and digital health. Limited access to healthcare is a major problem in many parts of Africa. But AI can help....
Editor | Sep 17, 2024
Petrol
Why Dangote petrol cannot come cheap
Many Nigerians are understandably shocked that petrol being pumped out of the Dangote refinery (DR) will not be selling at a relatively affordable price at the pumps, or a little cheaper than the imported variety. ...
Editor | Sep 17, 2024
Nigeria's GDP
Nigeria’s GDP ‘growth’ is sluggish; that’s not cause for gloating!
Trust Bola Tinubu, Nigeria’s self-assured yet bumbling president. He will claw at any piece of seemingly good news. Recently, when the National Bureau of Statistics (NBS) reported that Nigeria’s Gross Domestic Product (GDP) grew to 3.19 percent...
Editor | Sep 09, 2024
NNPC
NNPC: From monopoly to monopsony
Very few business organisations are as lucky as NNPCL, Nigeria’s state-owned oil company, founded over 50 years ago. Since its founding, the corporation has consistently failed to perform its basic functions and meet its organisational objectives,...
Editor | Sep 09, 2024
Economic
Tinubu’s ‘economic’ council is statist, corporatist. It can’t work!
....Corporatism is when the state is in cahoots with large interest groups. That’s the true meaning of “public-private partnership” in Nigeria....
Editor | Sep 02, 2024
Real Estate
The investor’s dilemma: Navigating risks and rewards in Nigeria’s real estate market
Investors face a challenging landscape in Nigeria's real estate market, where risks and rewards intertwine amidst economic shifts and regulatory changes....
Editor | Sep 02, 2024
Back to School
Back-to-school money matters: Smart tips for parents
Every year, parents face one of their biggest, recurring costs at the end of the long school holiday: school fees! Some parents have planned and saved in advance and are ready for this significant expense...
Editor | Aug 30, 2024
Dangote is a state-made colossus; he should serve the common good
Truth is, the special tie-in between Dangote and the state can harm both. According to a recent FT report, many businesses view Dangote as a “ruthless government-favoured monopolist....
Editor | Aug 27, 2024
Corruption's cultural roots: The moral imperative for a corruption-free Nigeria
The Nigerian public watches as the same recycled elites are protected by an ineffective penal system that fails to deter corruption at its core...
Editor | Aug 26, 2024
What does ride-hailing reveal about digital work in Nigeria?
The rise of ride-hailing services like Bolt amongst others has changed transportation in Nigeria, providing unprecedented ease and convenience in commuting and is unprecedented in the transportation industry whilst driving growth and economic progress....
Editor | Aug 23, 2024
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