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Tag: economy
Nigeria would be like Venezuela if Jonathan was still in power – Basketmouth
Basketmouth has gone on a ballistic rant about the economic situation of the country. The ace comedian took to Instagram on Tuesday morning to air out his grievances concerning the…
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Opinion: How agriculture and trade can drive Nigeria back to wealth
by Chiemezie Okeke-Ojiudu Nigeria is a diverse and rich nation; one with raw potential, human capacity, natural resources, fertile land and limitless possibilities. The giant of Africa as it were. Nigeria’s…
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OBJ says PDP is dying – here are 4 reasons why he’s exactly the cause
by Olaoniye Roqueebah Following the last PDP gathering, (inauguration was it?), claims about the country’s main opposition party have been making rounds and we all know who started it don’t we?…
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UBA GMD calls for closer collaboration among African central banks (PHOTOS)
Outgoing Group Managing Director of pan-African banking group, United Bank for Africa (UBA) Plc, Phillips Oduoza has called for increased collaboration among African central banks in order to drive intra-African trade…
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YNaija Analysis: Hajj circular – What exactly is happening on Planet CBN?
A circular from the CBN’s Trade and Exchange Department surfaced yesterday, authorising the sale of dollars to pilgrims to the 2016 Hajj at a ‘concessionary rate’ of N197 to the…
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Opinion: 5 ways to make Konga great again
by Sheriff Shittu O If you have been following the story about Konga’s brouhaha, I guess you will by now think there is fire on the mountain and we all…
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‘Profligate fiscal policy, bad choices…’ | Fashola gives reason for recession
The Minister of Power, Works and Housing, Babatunde Fashola, on Saturday, said that the present economic recession was caused by the administration of former President Goodluck Jonathan. Fashola, who stated…
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Olusegun Adeniyi: Leadership in a time of recession
“What will economic policy look like once the global financial crisis is finally over? Will it resume the pre-crisis consensus, or will it be forced to contend with a post-crisis…
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Simon Kolawole: We need an economic war room
The worst kept secret before the 2015 elections was that Nigeria’s economy was heading for a rough weather. Following a sharp drop in oil price, the 2015 budget was based…
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THE YNAIJA TRACKLIST: ‘I will diversify the economy’- Buhari | ‘You cannot diversify in 4 years’- Okonjo-Iweala | Again, Michelle Obama stuns with her DNC speech
From the papers this morning- a tracklist Okonjo-Iweala declares diversification of the economy cannot happen over 4 years YNaija President Buhari insists he will diversify the economy YNaija Despite claims…
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‘Diversification cannot happen over four years’ | Okonjo-Iweala
Former Minister of Finance, Ngozi Okonjo-Iweala, has said that diversification of an economy doesn't happen overnight, noting that it cannot happen within four years. Okonjo-Iweala, who is also the senior…
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‘We will diversify Nigeria’s economy’ – Buhari
President Muhammadu Buhari, on Monday, said that Nigeria was learning how to diversify her economy and reduce its reliance on oil. The President stated this when he was paid a…
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The Big 5: These are the stories you should be monitoring today
These are the top five stories to monitor today 1. Jibrin accuses of Dogara of corruption Former chairman of the federal house of representatives committee on appropriations, Abdulmumin Jibrin, has…
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Why I excluded private sector from my economic team – Buhari
President Muhammed Buhari, on Sunday, said that he was not comfortable with the inclusion of the private sector in the work of the national economic management team, saying that they…
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#Yabacon: From sleepy town to tech cluster in 8 photos
Arguably, Yaba is the largest technology cluster in Africa. Its growth has been organic and fuel by citizen led activities. Aerial view of Herbert Macaulay Road, Yaba Yaba is ideal…
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Olusegun Adeniyi: Buhari and the troubled economy
It was a business lunch by a group of investors who had eagerly been waiting for information about the business climate in Nigeria. But their guest, top official of a…
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Simon Kolawole: Where do we go from here?
If you were a lover of reggae music in the 1970s, you would certainly know “Time Hard”, a hit song by The Pioneers, the Jamaican three-man band. “Every day,” they…
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THE YNAIJA TRACKLIST: FG admits Nigeria is in a recession | Jibrin blows open legislative secrets | US presidential election build up gets more interesting | More
FG admits Nigeria is technically in a recession but remains confident of growth YNaija EFCC gives breakdown of how recovered loot has been spent so far YNaija Sacked Jibrin says…
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The Big 5: These are the stories you should be monitoring today
These are the top five news to monitor today FG confirms that Nigeria is in recession Minister of Finance, Kemi Adeosun, has confirmed that the Nigerian economy is in recession.…
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Despite IMF negative projection, FG says economy will grow
Contrary to the forecast by the International Monetary Fund that the Nigerian economy will contract further, the Federal Government has said that Nigeria's economy will pick up in the 3rd…
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‘Technically, Nigeria is in recession’ – FG confirms
The Minister of Finance, Kemi Adeosun, has confirmed that the Nigerian economy is in recession. Speaking with Senators on the state of the economy, Adeosun projected that the economy will…
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How to solve Nigeria’s current Forex scarcity, by Dolapo Oni
by Dolapo Oni Nigeria urgently needs to increase the supply of dollars in the economy, especially at the interbank market where access is really limited and customers of banks are…
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Opinion: Mr President, it’s about the economy, not corruption
By Ayodele Adio I felt a bit miffed at the president’s Eid-el-fitr message not because it lacked compassion or empathy but because it lacked a departure from his strongly held…
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Joachim MacEbong: Dear President Buhari, ‘it’s the economy, stupid!’
by Joachim MacEbong This morning, research firm NOI Polls released President Muhammadu Buhari’s job approval rating for June. It stands at 39%, a significant 9% decline over his rating for…
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Ebonyi is growing its IGR faster than others, Kwara is slowest
The Speaker of the House of Representatives, Yakubu Dogara, has stated that the country has to diversify its economy from dependence on oil revenue. Dogara was speaking at the Chattered…
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Opinion: Entrepreneurship in Nigeria is a scam; a multiplier of poverty
by Olajire Philip Nigeria is a country where all big investors have no inventions (tangible or intangible) to their credit. Bill Gates, Henry Ford, Michael Dell, Thomas Edison and the…
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Dolapo Oni: Let’s not wait another 12 months to fix this Forex challenge
First a rant, then some suggestions. Changing the Nigerian exchange rate regime from a managed rate to a floating rate was never meant to solve all of Nigeria’s economic problems,…
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Opinion: The distinguished mole(s) in the 8th Senate
By Olalekan Alabi Without any doubt, the events of last week in the Nigerian Senate which led to the altercation between Senator Oluremi Tinubu of Lagos Central Senatorial District and…
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Opinion: Youths marginalisation as Nigeria’s major development trap
By Haris Aliyu The four development traps established by Paul Collier is not the only answer to the rapid underdevelopment of third world countries like Nigeria. Development traps as a…
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The Thread: @AishaYesufu tried to educate her daughter on the economy, and got this epic response from @JajaPhD
In a post for World Mom’s Blog, BBOG campaigner Aisha Yesufu said she was asked by her daughter why the economy is bad, and whether President Buhari is responsible. Yesufu…
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