Marcel Okeke, THEWILL

Bank Liquidation, Recapitalisation And The Nigerian Economy

June 9, (THEWILL)- Barely seven months after the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, gave a blanket clean bill of health to Nigerian banks in his keynote speech at the Chartered Institute of Bankers of Nigeria (CIBN)...

Once Again, The Crash of Nigeria’s Currency!

June 2, (THEWILL)- To the chagrin and utter bewilderment of practically all economic agents in the Nigerian polity, the national currency, the Naira, has ineluctably resumed its collapse against the US dollar and other hard currencies in the foreign...

Fidelity Bank Shareholders Approve N19.2bn Final Dividend For 2023

May 19, (THEWILL)- Shareholders of Fidelity Bank Plc have endorsed the recommendation of the board of directors for a final dividend of N19.2 billion for the financial year 2023. The shareholders gave the approval at the company’s 36th Annual General...

Nigeria’s Naira: From ECOWAS’ Lead Currency to Trash?

May 5, (THEWILL)- Once upon a time, Nigeria’s national currency, the Naira, was the most sought-after medium of exchange and store of value within the Economic Community of West African States (ECOWAS); it was almost a fully convertible currency...

Nigerian Economy: Presidential Emergency Panels to The Rescue?

April 21, (THEWILL)- Nine full months into the tenure of President Bola Tinubu, it is becoming increasingly clear that rather than improving, the national economy has been getting farther into the woods; with practically all economic indices running in...

Before CBN Dabbles in Murky Waters of Agriculture Again

April 1, (THEWILL)- In what could be seen as an outright volte-face, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Wednesday, March 13, 2024, doled out a whooping N100 billion (worth of fertilizer) to the...

Nigeria: Finally, Hot Money is Here

March 17, (THEWILL)- It is no longer news that the continued collapse of the Naira in the foreign exchange (FX) market is already eliciting desperate and panicky measures from the monetary authorities. Unfortunately, the more such new initiatives are unleashed,...

Running Nigerian Economy on Palliatives?

March 03, (THEWILL)- In dealing with one of the initial shocks of the fuel subsidy removal in June 2023, many agencies of the Federal Government and a good number of state governments ‘officially’ reduced working days of the week...

Implications Of Nigeria Customs’ Cargo Duties Exchange Rate Hikes

February 18, (THEWILL) - In the past one week or so, the media have been abuzz with news about the hiking of the exchange rate (of the Naira against the dollar) at which Nigeria Customs duties/charges on imported goods...

Spiking Inflation: Is The Worst Over For Nigeria?

February 04, (THEWILL) - From a level of 21.34 per cent as of end-December 2022, Nigeria’s headline inflation maintained a consistent upwards trajectory, closing the year 2023 at 28.92 per cent—a rate widely considered to be the highest in...

About Me

71 POSTS
0 COMMENTS