The foreign exchange regime in Nigeria is a recipe for disaster. This is the view of Charles Chukwuma Soludo, a former governor of the Central Bank of Nigeria (CBN).
Why media’s role is crucial to free, fair elections in Africa
The news media is usually one of first casualties of bungled or contested elections. From the recent US elections, the UK’s Brexit vote to Zambia’s controversial 2016 presidential elections...
GM to sell South African operations
General Motors Co plans to quit selling vehicles in India by the end of this year and will sell operations in South Africa, the latest steps in a strategy of focusing cash and engineering...
Why businesses in Nigeria need to take sustainable finance seriously
Many people will have heard of the UN Sustainable Development Goals. But less well known is the concept of sustainability at the root of these goals. Sustainability has recently become a mantra, a philosophy of sorts.
Resolving Nigeria’s power sector challenges
Most times when we talk about power on CNBC Africa, it isn’t exactly positive. The themes always revolve around the challenges, what has been done and what more the private and public sectors can do to make this sector work...
Nigeria’s plan for inclusive growth
Nigeria’s Inclusive Development score has been on a downward trend in the past five years. The World Economic Forum’s report on inclusive growth and development presumes that the country...
This is what my freedom means, what does it mean for you?
“Twenty-three years into our [South Africa’s] freedom and people can still complain; that is a sign of a very good democracy and a government that listens to its people.”
How West Africa built the muscle to rout dictators and keep the peace
Following the resolution of the political impasse in The Gambia, a great deal of attention has focused on the role played by the Economic Community of West African States (Ecowas).
Nigeria’s economic outlook
To give you an example, the statistics can be used in a number of ways. One, what if I tell you the figures and tell you that if I rearrange them the problem Nigeria had in the past was that we were living above our means.