How Many Bank Accounts Should You Have & Which Ones
The number of bank accounts you really need is up to your personal spending, but traditionally, just two accounts –…
Category: Opinion
Nigeria’s Rising Inflation Worrisome, Experts Say
Two financial experts on Friday expressed concerns over the country’s rising inflation rate and urged the Federal Government to revisit…
Nigeria: Bayelsa And Other Stories
“You know I used to think that this COVID-19 thing is a kind of scientific joke, but now I am…
If Bola Tinubu Fixed Lagos, He Can Fix Nigeria
I have never been passionate about any Nigerian politician after Chief Obafemi Awolowo and Alhaji Lateef Jakande, as I am…
Nigeria: The Misplaced Loan for Sovereignty Uproar
More attention should be paid to what loans are used for, and if they are judiciously spent, rather than raise…
Nigeria’s Gross External Reserves: An Historical Perspective
The major objectives of external reserve management in Nigeria are ensuring the preservation of Capital, providing adequate liquidity to meet…
How To Crash Naira Exchange Rate
The Association of Bureau De Change Operators of Nigeria (ABCON) says reopening of the BDC window would crash the spike…
Looming Free Fall – How To Save The Naira
On Tuesday, the Central Bank of Nigeria, CBN, adjusted the value of the Naira to exchange to the dollar at…
Why Insurance Firms Are Selling Off Their PFAs
The idea of mitigating risks and curtailing losses at the bare minimum begins from the insurance industry and only crosses…
Nigeria: The Politics of Electricity Tariff
Whether we like it or not, the issue of electricity tariff is a touchy one. In the power sector reform,…
Nigeria: N-Power, Unemployment And Peculiar Mess
With the current realities of unemployment and poverty in Nigeria, the country is in “peculiar” mess and on the brink…
Is Nigeria’s Mobile Money Data An Unsolved Puzzle Fintechs Toy With?
Here’s a simple question: How many mobile money agents are in Nigeria at present? Well, the answer is not so…
The Facebook Ad Boycott Have Entered The Big Leagues. Now what?
In the last week, a steady stream of companies came out in support of the ”#StopHateForProfit” campaign, promising to pause…
Bad Ass Chess Moves: What Nigeria Should Do To The US Over AfDB’
Chess. In 1979, something happened that took the global oil industry by storm. A strike by 37,000 workers at Iran’s…
Adesina: Guilty as charged
The African Development Bank’s helmsman, Nigerian-born and America-trained Akinwumi Adesina has been in the news recently. Strangely, this time, there are unpleasant…
Are Oil Prices Rising Too High Too Soon?
Oil prices have rallied significantly, rising $10 in two weeks as markets are increasingly convinced that global demand for crude…
Prepare For A Decade Of Low Stock Market Returns
Elevated valuations historically signal low returns
Nigeria’s Economy Beyond COVID-19
The Nigerian economy is currently in dire straits with major economic indicators looking grim amidst increasing vulnerabilities. The disruption…
Money Stuff: Banks Have Too Much Money Now
Reverse bank run Here’s a thing you could do as a bank. You could take deposits: People and companies give…
Why the U.K. and U.S. Have Been Slow to Lock Down the Coronavirus Threat
On Friday evening, hours after a London hospitaldeclared they had run out of intensive care beds, Boris Johnson tightened the restrictions…
The End of OPEC Is Here
OPEC may not survive to celebrate its own 60th birthday later this year. Saudi Arabia’s decision to abandon output restraint and flood…