Monday, December 30, 2024

Explaining Nigeria’s Missing Dollar Inflows Despite Naira Float (I)

The Theory of Rational Action claims human beings are abstract symbol manipulators that seek to maximize their self-interest.  The basic premise of this theory is...
oil rig in Nigeria

Nigeria’s Crude Oil Taps Set To Open Again But For How Long?

Behind the high walls of the Nigeria’s presidential villa referred to as Aso Rock, there must be some sighs of relief. The most deadly...
oil vandalisation

Vandals Are Having Field Day At The Expense Of Nigerians

Vandals are having a field day on Nigeria’s crude oil fields and causing the country significant problems. The latest report from the Nigeria National...

Here are the major headwinds facing Nigerian banks

The Nigerian banking market is facing serious headwinds from slow GDP growth, falling FX reserves/ availability and regulatory pressures. The regulatory pressures on banks...

NIGERIA’S FLOATING EXCHANGE RATE SYSTEM, WHAT NEXT? -2

In 2016, German bund yields have broken the once inconceivable zero mark to trade at negative yields. The on-going European Central Bank’s current Quantitative...

NIGERIA’S FLOATING EXCHANGE RATE SYSTEM, WHAT NEXT? -1

It took the Central Bank of Nigeria (CBN) 16 months to succumb to domestic and international pressure to re-open the Foreign Exchange (FX) market...

Nigeria’s troubled electricity sector shaken by new court ruling

As if Nigeria electricity sector is not facing enough troubles already, a Federal High Court in Lagos on 13 July annulled the recent increase...

Why Nigerian banks are facing difficult times

A high level of exposure to the troubled oil and gas sector as well as manufacturing sectors of the Nigerian economy is causing pains...

Ntel Offers Free Calls for Life as it Goes Live in Lagos, Abuja

ntel, Nigeria’s most advanced 4G/LTE network has announced the commencement of its phased and paced commercial operations with an offer of free calls for...

Why Buhari’s 2016 budget is “Dead on Arrival.”

President Buhari and his team of ministers have touted the 2016 budget as the document that will change the fortunes of Nigerians. Sadly, the...
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