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Tag: economy
YNaija’s 12 days of Christmas – The ponzi scheme that saved thousands
In a lot of ways, 2016 has been a very stressful year. Hopefully, it hasn’t been as stressful for you as it has been for our dear nation, Nigeria. Still,…
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Nigeria’s economy will not work, unless we restructure – Ekweremadu
Deputy Senate President, Ike Ekweremadu says for Nigeria's economy to work, the unified system of government has to go. Ekweremadu said this on Friday at the South-East Economic and Security…
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The Thread: The Osun New Media assistant came on Twitter to invite trouble this morning
The political class in Nigeria is an entitled bunch. They expect our gratitude for building roads, paying salaries, and everything else we put them in that office to undertake. This…
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Opinion: What CBN can learn from MMM
by Enobong Udoh Paper money or fiat currency is still the greatest innovation conceived by man. Imagine Nigeria being some type of human zoo of sorts that still trades by…
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Chude Jideonwo: Power has changed hands | A letter from RED as we march into 2017
by Chude Jideonwo I was speaking to a team of young entrepreneurs at the weekend. "You don’t win by dismissing your audience as stupid,” I told them. “You win by…
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Opinion: How realistic is Buhari’s 2017 budget estimates?
by Jide Ojo On December 14, 2016, President Muhammadu Buhari presented financial estimates of N7.3tn to the National Assembly. The financial plan was labelled as the Budget of Recovery and…
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Olusegun Adeniyi: Christmas in a time of recession
by Olusegun Adeniyi That most Nigerians are going through one of the most depressing periods of their lives is to put the situation mildly. Indeed, there are perhaps only a few…
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The Thread: “Poverty is a bastard” | Our top 10 tweets from Zahra Buhari’s wedding
When the daughter of a sitting president is getting married to a millionaire, no expense is spared, they pull out all the stops. This pictures from a proud Mrs Buhari's…
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INVESTIGATION: MMM, the ponzi scheme that saved a thousand lives, then killed a thousand more
by Festus Iyorah Charles Ibekwe (not real name) has lost everything: his school fees, his pocket money and the hope of getting money from his mother. When the 20-year-old, second-year…
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Opinion: Aregbesola is an astute administrator and a source of hope in the face of a bleak Yoruba future
by Abiodun Komolafe A 'nomics' has been added to the world of economic policies and Nigerians should appreciate it's coming from their part of the planet, especially, at a…
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In 6 photos from GRA Ikeja, this is Nigeria’s economy under Buhari
This is one street, Isaac John, Ikeja GRA, Lagos. Popular for fast food and elite restaurants. Barcelos used to be here until this year. Chicken Republic used to be…
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Recession: Governors promise to reduce flamboyant lifestyle
The Nigerian Governors Forum (NGF) has resolved to make some sacrifices as the country continues to battle recession, Daily Trust reports. Kaduna Governor, Nasir El-Rufai stated this on Thursday while speaking with State…
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N’Assembly will pass 11 bills to revamp the economy – Saraki
Senate President, Bukola Saraki on Wednesday said the National Assembly will pass 11 bills aimed at revamping the economy. Saraki said this in his address before the presentation of the…
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The Thread: MMM has not crashed; it has gone on midterm break
All through yesterday, and now into today, MMM has been trending. With good reason. Yesterday, MMM operators announced a suspension of its activities till the new year. Those who have…
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The Thread: MMM | “Nigeria will remain fertile ground for any ponzi scheme”
MMM is among the top Nigerian trends today, and that is because the company announced the suspension of its operations for a month. There have been different types of reactions…
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The Thread: MMM- the crash that was a long time coming
It's no news that MMM has gone on a month-long freeze. This suspension carries tell-tale signs of foreboding, if not in the moment, then in the long run. In matters…
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Here are the winners and losers from Ghana’s presidential election
Ghana has decided and Nana Akufo-Addo is the popular choice of the citizenry. Incumbent president, John Mahama has conceded defeat and has even called to congratulate the president-elect. By far,…
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Opinion: Lagos state budget 2017 | What the government is not telling us
by Oke Godwin Olaoluwa The Lagos state is in the news again. The state has set a new record, for the highest amount of budget proposal ever prepared by a single…
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#GhanaDecides: Here’s everything you should know about Ghana’s two major presidential candidates
Ghanaians are at the polls today and making their voting choices for most may not be burdensome as, though there are seven candidates running in the election, only two are significant and…
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Is this what Buhari’s ‘change’ looks like after one year?
We will just leave this here and scurry off. Mum's the word.
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CBN blames Sanusi, others for economic crisis
The Central Bank of Nigeria has accused one of its own, Emit of Kano, Sanusi Lamido Sanusi of playing to the gallery over his statement that the apex bank was…
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Economy: Sanusi doesn’t have all the facts – Presidency
The presidency has replied a statement made by former Central Bank of Nigeria Governor, Sanusi Lamido Sanusi querying the policies of President Muhammadu Buhari. The Emir of Kano also warned…
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Gimba Kakanda: Wasting Nigeria’s scarce electricity
by Gimba Kakanda Last week, I was on a two-day trip that has changed my ignorant position on the nation's perennial energy crises. It was an opportunity to inspect Jebba…
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#IStandWithTara: Tara Durotoye launches campaign against counterfeiting
Of all the difficulties that beset Nigerian entrepreneurs, counterfeit products are a major menace that many business people cannot completely get rid off. It's the same with filmmakers who have…
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Ezinne Ajoku: Family is everything [NEW VOICES]
by Ezinne Ajoku A colleague lost his father recently and it got me thinking about family, death, relationships, the whole morbid enchilada. I recalled that day in February when my…
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Femi Fani-Kayode: Behold he comes
by Femi Fani-Kayode There is a deep rage in me that rises by the day. When I hear the voices of the voiceless and I see the suffering of the…
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Opinion: Forget the government, we are the welfare system of Nigeria
by Asandia Hogan We are going through a recession in Nigeria. This is the time to help someone out! Things are rough for a lot of people, even the ones…
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Ayo Sogunro: Emefiele and how not to fix Nigeria
by Ayo Sogunro Funmi Iyanda—one of the more intelligent persons in Nigeria today—hosts a live audience sociopolitical series in London titled “How To Fix Nigeria”. An episode of the show…
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Opinion: Nigerian youth and the insanity of NCC
by Irebami Taiwo Dear young fellow, I'mm angry that at this moment when we are supposed to be at the frontiers of this change, we are here taking the back…
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The Thread: Dear President Buhari, increasing data prices is to young people as increasing fuel prices
December 1st is just around the corner, and Nigerians are pleading with President to have a change of heart about the new Nigerian Communication Commission directive to increase data prices.…
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