We usually shower oceans of praises on heroes of democracy of our country during special times. Today, designated as Democracy Day by the Federal Government, is likely to witness torrents of such encomiums for our heroes past and present. Unfortunately, this year’s democracy day is being celebrated amidst unprecedented degeneration...
In the last 21 years of democratic rule, Nigeria has made remarkable progress in capital market development. The menu of available asset classes has been expanded beyond equities and bonds to include Exchange Traded Funds with plans afoot to launch derivative products. Market infrastructure has been modernized and strengthened...
Rising from its meeting of 28th May 2020, the Monetary Policy Committee of the Central Bank of Nigeria put forward persuasive arguments to justify the decision to cut the Monetary Policy Rate by 100 basis points from 13.5% to 12.5%. Against the backdrop of the negative impact of the coronavirus...
The Central Bank of Nigeria, in its communique No. 30 of the Monetary Policy Committee meeting of 28th May 2020 noted that ‘’though the equities market was largely bearish in the first quarter of 2020, moderate improvement continued to be recorded since the beginning of the second quarter’’ attributing...
Appraising the performance of the Nigerian investment space the past two years that Ms. Mary Uduk held sway as Acting Director General of the Securities and Exchange Commission, SEC, reflects a sector that has continued to respond proactively to emerging global trends following innovative strategies being adopted by those...
Across the world, the coronavirus pandemic has continued to wreak havoc not only on lives but also on livelihoods. Stock markets, useful barometer for economic health, have been roiled not least because of the uncertainty associated with COVID-19. As of May 22, 2020 (the day of penning this article), major stock...
If one has not occupied a position of leadership, one would not fully understand the truism of William Shakespeare’s wise words:  “Uneasy lies the head that wears the crown''. But those who wear the crown know where it hurts. So it is with the leadership of the Federal Inland...
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...
Congratulations Professor Ibrahim Gambari on your appointment as Chief of Staff to the President. Every human being has his own well wishers and those who do not have such dispositions towards him. You cannot be an exception. Whatever your adversaries may have against you, one thing they cannot deny is...
Nigeria has come to grips with the human and economic consequences of the COVID-19 pandemic, governments – at both federal and state levels, hurriedly issued varying stay-at-home orders in efforts to contain the spread of the deadly corona virus, as federal and state budgets suddenly become unrealistic estimates in...