It is not a pleasant situation at all, as Nigeria faces recession; many businesses are in dire straits, consumer demand in the pits and banks refusing to extend credit. Presently, businesses struggle to survive, unemployment and redundancy striving, while...
Even when we are sufficiently convinced that someone was playing to the gallery there is a danger in not immediately challenging fraudulent claims because falsehood would be historically accepted as truth if there is no record that it was...
Nigeria is officially in recession for there are now two consecutive negative growths and GDP contractions in two quarters. The economy shrinks sequentially in first and second quarters by .36 and 2.06 percent respectively.
Before the Central Bank of Nigeria...
Nigerians over the years had been treated to spirit breaking economic phrases often coined by experts and authorities in their attempts to explain some economic realities. Yet, for decades they seemed not too familiar with the lexicon ‘Recession’ and...
Christiana Oluwatoyin Oluwasesin, Florence Chukwu, Abdullahi Umaru, Methodus Chimaije Emmanuel, Bridget Agbaheme and Eunice Elisha all have one thing in common; they were gruesomely murdered in cold blood by religious fanatics acting on the disguise of impulsive cerebral dysfunction...
With oil prices swirling in downward slide and production quota reeling to a paltry 700,000 barrels arising from militant activities in the Niger Delta, the need to diversify the economy cannot be more urgent that now. For many states,...
Under President Muhammadu Buhari, the Nigerian military has been widely acknowledged as having exhibited a high sense of professionalism in the fight against insurgency in the North East. Prior to his assumption of power there were several reported cases...
After an estimated twenty-thousand deaths, an even higher number of broken limbs, skulls and souls and near-dislocation of socio-economic life, life is gradually returning to normal to north eastern Nigeria. And to imagine that the lecherous and _sukudai_- (suck-and-die)...
Manufactured Date: March 28, 2015
Expired Date: May 29, 2017
From our recent political history, few events have created more media buzz than when the 73-year old retired Army General, Muhammadu Buhari was sworn in as President of Nigeria, Africa’s most...
Six years into the Obasanjo administration I wrote an admonition titled "Obasanjo’s Nigeria Defined: Recession, Repression And Reforms In Nigeria (The Real Picture)", by June last year again I was writing another "Of bailouts, recession, repression and repetitions". I...