All Nigerians including Save Nigeria Group (SNG) and Christian Association of Nigeria ( CAN) should call on Sanusi’s Central Bank of Nigeria (CBN) to extent his corporate social responsibility to Igbo victims and others who suffered mightily as result of Boko Haram rampage in Northern Nigeria. Many of the Ndi-Igbo residents in the north lost […]
Nigeria’s Economic growth and Statistics: Interest Rate, Real GDP, Employment and Inflation
http://afripol.org/ Governor Sanusi Lamido Sanusi of the country’s apex Federal Reserve Institute, the Central Bank of Nigeria and its monetary policy committees retained the benchmark interest rate at 12 percent. The market did not anticipate any change of the monetary interest rate; therefore there was no negative or positive reaction to the outcome. Sanusi’s CBN […]
Nigeria’s Removal of fuel subsidies: Be Gradual, Considerate and deliberately slow
"A nation’s greatness is measured by how it treats its weakest members." ~ Mahatma Ghandi Economists, policy makers and economic observers know that fuel subsidies as being implemented in Nigeria since 1970s is not sustainable. But one thing that policy makers and stake holders including the executive and legislative arms of the government together with the […]
Nigeria: Inflation at 9.4% and the state of the economy
A good and encouraging record trickled from National Bureau of Statistics that inflation rate receded to 9.4% in July, the lowest so far in three years. This is a significant improvement from persistent inflation that was surging upward that compelled the Central bank of Nigeria (CBN) to aggressively tighten monetary policy. As of June the […]
Mr. Market Wakes Up to the Jobs and Wages Problem
The credit downgrade and debt ceiling aftermath highlight a much more serious problem — a jobs and wages problem — that Mr. Market is finally waking up to. It’s been a violent week on both sides of the Atlantic. In the United Kingdom, rioters are looting shops and causing mayhem seemingly at random. The worst […]
Peace Keepers or Biological Warfare Agents ?
PEACE-KEEPERS OR BIOLOGICAL WARFARE AGENTS ? By Venatrix Fulmen A Call to End the Deadly Impact of Foreign Troopers on Innocent Civilians OUTBREAK +++Cholera+++RiftValleyFever+++MarburgFever+++DengueFever+ ++YellowFever+++HIV/AIDS+++Malaria+++AvianFlu+++SwineFlu++ +++HantaVirus+++ and so on – these lines run through the news tickers of media agencies every day. In well-off societies, at least the pharmaceutical industries are interested in upping […]