Not unmindful of the floatation of a development stock by the Colonial government in 1946, the doors of a formal market for raising long term funds in Nigeria actually opened in 1960, same year as the country’s independence, on the heels of the incorporation of the Lagos Stock Exchange...
The recent outburst by the Nigeria Economic Summit Group against the Central Bank of Nigeria (CBN) did not come to me as a surprise. Indeed, it was long expected.
The concern expressed in the press release entitled “Matters of Urgent Attention” was nothing but a frustration bottled up over years....
The year 2020 started on a brighter and prospective note for Nigeria and Nigerians, with the expectation of increased economic activities, arising most especially, from the CBN’s sustained interventions in agriculture and Small and Medium Enterprises (SMEs).
Economic indices also proved this until what was believed to be a localised...
The world over, successful governments have explored the social welfare agenda as a veritable platform through which masses' support is guaranteed and sustained.
History has shown that upheavals and insurrection are hardly conceived in milieux where social inclusion is the norm, rather than the exception.
No doubt, progressive governments and leaders...
Godwin Emefiele assumed office six years ago as the 10th indigenous Governor of the Central Bank of Nigeria (CBN) and while building on his predecessors’ achievements, he has by no comparison, brought novelties in Nigeria’s central banking operations to the admiration of even his acerbic critics.
Despite coming into office when...
Considering that the agitation for the review of the CBN Act 2004 to strengthen its regulatory powers has now assumed a crescendo in public discourse, the current efforts of the Senate Committee on Banking, Insurance and Other Financial Institutions is better late than never.
The existing CBN Act, promulgated in...
A lethal combination of disease, extreme climate events and economic crises is threatening the smallest and most vulnerable nations of the world. To tackle it, we must overhaul how we understand and address economic vulnerability.
The COVID-19 pandemic has already triggered a massive global recession. Meanwhile, a record number of...
As nations embark on measures to mitigate the effects of the novel coronavirus, COVID-19 pandemic, on its populace and reset their economies, it is no longer news that the virus which the world is frantically seeking its cure is not leaving any time soon.
The pandemic has also by virtue...
One of the main promises by Muhammadu Buhari while seeking the mandate of Nigerians to run our affairs as the President of the country, was strengthening national security and public safety.
He made the promise, as many Nigerians may recollect, when the country was trying to contain the Boko Haram...
