Marcel Okeke, THEWILL

CBN’s Caveat On Banks’ Profits: What Implications?

October 01, (THEWILL) - A seemingly innocuous memo from the Central Bank of Nigeria (CBN) to all banks, regarding their audited financial results in the first-half, 2023, has turned controversial. The memo has in fact become a cause for...

FEATURES: Exit Of GlaxoSmithKline From Nigeria: What Lessons?

August 20, (THEWILL) - The sudden exit of GlaxoSmithKline (GSK) Consumer Nigeria Plc announced via a letter to the Board of directors of the company (which went viral), really has a lot of symbolism and significance. The letter says: “In...

Nigeria’s Ease Of Doing Business: Any Hope?

Despite the hype and propaganda that hallmarked the work of the Presidential Enabling Business Environment Council (PEBEC) under former President Muhammadu Buhari administration, there has hardly been any significant improvement in Nigeria’s business environment in recent years. The PEBEC was...

The Economist’s Doing Business Ranking: Whither Nigeria?

The Economic Intelligence Unit (EIU) of the London-based The Economist magazine has just published “assessing the best countries for doing business”, in order to “discover which countries have climbed or fallen in our ranking.” Unsurprisingly, no African country featured among...

Nigerian Economy: Fresh Agenda For New Beginning

In a matter of days, the Muhammadu Buhari Administration will hand over to a ‘brand new’ government. By implication, the control of the economy, warts and all, will have to change hands. It is therefore most auspicious to proffer...

Ponzi Bill: Attempt at Sanitising Nigeria’s Financial Markets?

In the latest of efforts aimed at strengthening the functioning of Nigeria’s capital market and protect investors, the National Assembly on 29 March 2023 passed the Investment and Securities Bill (ISB 2023). The Bill has provisions for more stringent...

Again, Fuel Subsidy Debacle And Nigeria’s Future

As an Albatross that it is, the controversial issue of removal or non-removal of fuel subsidy has once again come to the front burner of public discourse, heating up the Nigerian polity. As the nation inches to the date...

Food Insecurity: Threat to Nigeria’s Economic Recovery And Growth?

Regrettably, for the umpteenth time, a critical driver of the hyper-inflationary trend in Nigeria has been identified as the ever-rising price and shortage of food. Year after year the consumer price index (CPI) records an uptick mainly due to...

Politics, Economics And Nigeria’s Trudging Economy

The Supreme Court ruling on Friday, March3, 2023 that all redesigned Naira notes and the old ones will remain legal tender and in circulation till December 31, 2023 climaxed the lingering titanic struggle between political power brokers and managers...

Diaspora Remittances: Nigeria’s Economic Lifeline?

One of the ironies of the Nigerian economy remains the fact that at a time that it is expected to be reaping a ‘sustained windfall’ from high oil prices in the international market, the country has rather been experiencing...

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