Reviews

Dollar to Naira black market rate today Friday, 5th May 2017

Naira stays firm against the US Dollar, Euros and Pounds Dollar to Naira black market rate today Friday, 5th May 2017 is N385/N391.  The Exchange rate of dollar to naira has seen the NGN Naira have mixed fortunes against the USD Dollars during the course of the year. Earlier in the year 1 usd to […]

MGF, CBN, others target 40 million financially-excluded Nigerians

MGF, CBN, others target 40 million financially-excluded Nigerians The Bill and Melissa Gates Foundation recently announced its willingness to become involved in helping to provide financial assistance to 40 million Nigerians currently excluded from financial services. This assistance is being lauded by many who claim that these 40 million will not be able to climb […]

Niger Feels Ripple Effect of Boko Haram as Fears of Food Shortage Spread

Niger Feels Ripple Effect of Boko Haram as Fears of Food Shortage Spread The New York Times reports that some aid workers in Niger say that Nigeria’s government refused help as recently as this past summer from non-governmental organizations attempting to supply and deliver food to refugees of Boko Haram attacks living in neighboring countries […]

Recession: Nigeria has never had it so bad – Ajibola

Recession: Nigeria has never had it so bad – Ajibola Prince Bola Ajibola served as a judge at the international court at the Hague, but his heart lies in Nigeria. And his heart is breaking. In a recent address to members of the House of Representatives, he argued that the current, heartbreaking situation cries out […]

How can Nigerian leaders move economy forward while looking backwards?

How can Nigerian leaders move economy forward while looking backwards? Today’s article at thecable.ng by Magnus Onyibe is a lengthy piece describing his views regarding what it will take for Nigeria to climb out of its current economic hole. While Obyibe makes some valid points in the article, there are also a few misses that […]

The True Cause of Inflation

The True Cause of Inflation   In the midst of these cruel economic times for Nigerians, it’s important to challenge the prevailing wisdom of those who claim that the economy needs to be reinflated. This prevailing wisdom also dominates most of Western economic thought, but it is based upon two lies. Current reports put Nigerian […]

How Nigerians in diaspora can help in economic development

Ahmed Bashir, Director of the UK Department for International Trade, commented that he believes that Nigerian entrepreneurs living overseas can make a huge difference for Nigeria. He sees them as an asset because of their collective desire to return ideas and resources they develop and mine overseas to Nigeria, to help their homeland to recover […]

The Glass Half Empty or Half Full?

In his article, “Groaning from afar”, Mohammad Qaddam Sidq Isa wrote a fairly lengthy piece for dailytrust.com.ng today in which he despairs not only of the tragic economic events occurring in Nigeria but also of the reactions that expatriates have when they view their home country’s sad state of affairs from afar. He points to […]