Can Nigeria Spend Its Way Out of Recession ?

Introduction The latest figures from the Nigerian National Bureau of Statistics (NBS) show that Nigeria has continued its recessionary trend, with third quarter GDP contracting further by -2.24%, a worsening of the -2.06% and -0.36% negative growths in the second and first quarters respectively. The need to quickly devise a robust plan for economic resurgence… Continue reading Can Nigeria Spend Its Way Out of Recession ?

Dele Giwa’s assassination: The verdict of history , By Ray Ekpu, Dan Agbese, & Yakubu Mohammed

October 19 this year marks the 30th  anniversary of the gory assassination of Dele  Giwa, the first Editor in Chief of Newswatch, Nigeria’s path-breaking newsmagazine. Dele’s life was cynically shortened by the novel method of a parcel bomb that was delivered to his house at No. 25  Talabi  Street,  Ikeja,  Lagos  on Sunday October 19,… Continue reading Dele Giwa’s assassination: The verdict of history , By Ray Ekpu, Dan Agbese, & Yakubu Mohammed

Corruption: DSS And Nigeria Judges, By Fab

There’s no way one can defend any judges accused of corruption ,yet DSS gestapo style is an aberration,too. It contradicts the tenets of democracy values in its entirety. Very dangerous trend it is. It must be condemned by all. I’m ashamed of DSS actions or inactions. But can’t support judges in this matter as well.… Continue reading Corruption: DSS And Nigeria Judges, By Fab

Oil Prices Ease Ahead of Crunch Opec Meeting

Oil prices eased on Friday, pulled down by a technical sell-off following two sessions of strong rises and on caution ahead of a gathering of OPEC ministers next week in Algeria to discuss possible production cooperation to rein in global oversupply. US West Texas Intermediate (WTI) crude oil futures were trading at $45.80 per barrel… Continue reading Oil Prices Ease Ahead of Crunch Opec Meeting

FG, governors okay sale of national assets

The National Economic Council has endorsed plans by the Federal Government to sell some national assets as part of efforts to address the current economic recession in the country. The Senior Special Assistant to the Vice-President on Media and Publicity, Mr. Laolu Akande, said in a statement that the sale of national assets was one… Continue reading FG, governors okay sale of national assets

Making ‘Africa Rising’ a Reality in Nigeria, By Muhammadu Buhari

Until a few years ago, Africa Rising was a dominant theme in conversations about the global economy. That enthusiasm has since cooled, so that in newsrooms and think tanks and conference panels, “Africa Rising!” has given way to a more questioning “Africa Rising?” While some of that pessimism may be justified, we do not have… Continue reading Making ‘Africa Rising’ a Reality in Nigeria, By Muhammadu Buhari