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Using Coordinated Policy Approach to Stimulate Growth

Nigeria is currently grappling with the second recession in five years, a crisis triggered by the coronavirus outbreak. The crisis calls for fiscal discipline. The country had failed to take advantage of the ‘boom cycles’ of its major resource – crude – to build a stable economy. Nigeria, like some oil-exporting countries, depends largely on […]

Experts Seek Tough Regulatory Policies to Drive Insurance Growth

Experts in the insurance industry have called on the government to create stronger regulatory policies and enforce existing ones to stimulate growth in the industry. Despite the economic challenges, stakeholders are hopeful of huge growth opportunities this year. Though, according to a few industry experts, looking at how the sector closed last year, it is […]

CBN Procedures Creating Bottlenecks for Exports – Exporters

The pre-export requirements recently introduced by the Central Bank of Nigeria is currently frustrating the export of goods from Nigeria to other nations, exporters declared on Wednesday. Speaking under the aegis of the Network of Practicing Non-oil Exporters of Nigeria, they stated that the electronic Nigeria Export Proceed Form being required by the bank from […]

Is There A Debt Crisis In Africa?

Is there a debt crisis happening in Africa as many media outlets claim? Has the deluge of Chinese credit fueled the situation? Carlos Lopes, a renowned Bissau-Guinean economist who headed the UN’s Economic Commission for Africa from 2012 to 2016, shared his views with CGTN. Below is an edited version of what he said. There’s […]

Social media, drama, sensationalism and facts

By Olukayode Oyeleye In the past two weeks in Nigeria, the social media crowned a queen. That ‘queen’ is the ‘mother’ of a boy allegedly molested in a boarding school in Uyo, capital of Akwa Ibom State. While she reigned, she enjoyed a unilateral, unparalleled visibility on the basis of her allegations about the alleged […]

FEMI ODEKUNLE (1943-2020)

By Abiodun Adeniyi Like many others, Olufemi Odekunle, Nigeria’s first professor of criminology, public intellectual, administrator, and reasoner, has fallen to the pangs of COVID-19. He has been killed by the stupid pandemic. Here he was the other day, at the Transcorp Hilton Hotel, Abuja, mixing, meeting, and greeting, charting, chatting, and cheering; and complete […]

‘$140bn Yearly Loss to Corruption can Address Africa’s Power Challenge’

If Nigeria and other African countries checkmate the yearly loss of $140 billion to corruption, the continent might be able to reduce rising production costs and improve citizens’’ access to the regular power supply, members of the organised private sector have said.   Citing data from the African Union (AU), the Executive Director, Centre for International […]

NEPZA Trains Staff On M&E, Says Action Aims At Upgrading PRS Department

The Managing Director of the Nigeria Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba has said the Authority would continue to commit resources to the training of its staff in all areas that could help optimize the contribution of the agency to the country’s economic growth. Adesugba made the remark at the opening of a […]

Enabling Port Environment Improved The Quality Of Our Services – Raimi Hassan

Rotimi Raimi Hassan, the General Manager of Kaduna Inland Dry Port (KIDP), in a recent interaction with journalists spoke about the prospects of the Dry Port in supporting national economic growth, and the hope to surpass the challenges. Excerpts: What were your corporate projections for 2020, and how have you achieved them in the face […]

London Court Of International Arbitration (LCIA) Rules Update 2020: Tribunal Secretaries

The Gist with DRC! By Chidimma Ifeoma Onyiaorah The LCIA Updated Rules came in to force on 1st October 2020 and particular made explicit provisions in Article14a addressing Tribunal Secretaries and their roles. During an interview with Professor Luc Raicati di Brozolo, a Vice President of London Court of International Arbitration, he discussed the topic […]

Economic Crises And Rising Spate Of Protests

By Olukayode Oyeleye NIGERIA, THE LARGEST COUNTRY in Africa by population, has experienced two weeks of unbroken street protests involving the youth who have been expressing their dissatisfaction with government in the handling of security and a few other social and economic issues. On security in particular, their grouse began with complaints against SARS, a […]

Leveraging Special Economic Zones (SEZs) For African Industrialisation And Integration

By Prof Adesoji Adesugba Free Trade Areas are special creation that propel the growth and advancement of many economirs worldwide. The FTZ has been successfully deployed from North America to Europe to Asia. Africa’s embrace of the model is now more than critical in view of the advent of the Africa Continental Free Trade Zone. […]

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