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No Easy Way Out of Nigeria’s Economic Impasse
For some time, Nigerians have been in denial about the actual state of the nation once hailed as the giant of Africa. Nigeria has...
Why Nigeria Can Still Achieve a One-Trillion Dollar Economy by 2030
There are divergent views about Nigeria’s ability to attain a $1 trillion economy by 2030. I am still optimistic, as it is too early...
The Purchase of New Presidential Jet in Order
The Federal Government has unveiled the new Presidential Jet -Airbus A330 which it acquired against widespread criticism Many Nigerians had argued that the acquisition...
Food Prices Continue to Drive Nigeria’s Headline Inflation
Table 1
Year
A
B
C
D= (C/B)*100
E
January
2.64%,
29.90%
15.49%
51.81%
35.41%
February
3.12%,
31.70%
16.42%
51.80%
37.92%
March
3.02%
33.20%
17.20%
51.81%
40.01%
April
2.29%
33.69%
17.45%
51.80%
40.53%
May
2.14%
33.95%
17.59%
51.81%
40.66%
June
2.31%
34.19%
17.71%
51.80%
40.87%
July
2.28%
33.40%
17.30%
51.80%
39.53%
A, represents Month on month basis, headline inflation
B, represents Head Line Inflation on Year-to-Year Basis
C, represents the contribution of...
How Floating The Naira Has Affected Businesses In Nigeria
One of the first major policies of President Bola Ahmed Tinubu's regime was the floating of the Naira to unify foreign exchange rates and...
