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Ayodele Akinwunmi

19 Sep 2019
Economic experts and investors have criticised the Nigeria Police Trust Fund, describing it as a disincentive to the country’s investment climate.The Nigeria Police Trust Fund (Establishment) Act, 2019 was signed into law June 24, 2019 and will be in force for a six-year period.
18 Sep 2019
Just yesterday, the National Bureau of Statistics (NBS) affirmed that yearly inflation in Nigeria stood at 11.02 per cent in August. This is the lowest figure in nearly four years, especially in the midst of the battle...
12 Aug 2019
Central banks in advanced and developing countries are adopting expansionary monetary policy stance in order to stimulate economic growth. The move, which now tends towards a global unanimity, is, however, creating initial benefits for Nigeria, even as it remains cautious in joining fully the monetary policy bandwagon.
8 Jul 2019
The Central Bank of Nigeria (CBN) may be reaching the limit of its monetary policy tools in stimulating the economy. This is especially so if the fiscal complements...
10 Jun 2019
The nation’s economy is presently in need of fiscal direction, removal of fuel subsidy and transparent channeling of the proceeds to infrastructure and social investments, as well as competitive pricing of electricity tariff to drive investment and boost economic growth. Though the assessed needs appear to be hard choices, the research by FSDH Merchant Bank…
29 May 2019
The four-year-old administration of President Muhammadu Buhari, at its outset in May 29, 2015, came with high hopes. It rode under the mantra of “Change”. Reports also had it that there were promises of improving the fortunes of the local currency to appreciable exchange value of $1 to N1. Generally speaking, it was a hope…
23 May 2019
Although the Central Bank of Nigeria (CBN), on Monday, kept all its monetary policy tools steady, including the benchmark interest rate at 13.5 per cent, the decision to hold the rates may be the beginning of another round of a long wait for policy changes by the apex bank.   The Head of Research at…
13 May 2019
A combination of high unemployment, weak purchasing power and inadequate knowledge of investment products that are available and how they work for the benefit of investors are major facilitators of Nigeria’s low savings....
8 Apr 2019
The rate at which government officials go about telling Nigerians that there is no debt crisis, even with mounting evidence of incremental stock of obligations, now at N24.4 trillion, along with huge debt service bill and the concomitant effects on the national revenue, calls to question the leadership sincerity, its capacity to save the country…
31 Mar 2019
In a matter of weeks, President Muhammadu Buhari, who just got re-elected, would have spent four years in office. But his administration, which was voted...
27 Mar 2019
The Central Bank of Nigeria (CBN) yesterday took local and international investors by surprise, cutting the 32-month-old Monetary Policy Rate (MPR) by 0.5 per cent to 13.5 per cent...
25 Mar 2019
Though the nation’s economy has recorded moderations on risks, through falling inflation and brighter outlook on capital flight, policymakers...

Latest

33 mins ago
The Lagos State Commissioner of Police, Hakeem Odumosu, has warned Lagosians against protesting on streets on Wednesday as plans are under way to arrests erring #EndSARS protesters across the state. He said it is in the interest of security and public safety and that he wishes to warn the organisers of the protests the police…
57 mins ago
The Police in Ondo State said it have arrested one Ola Omogunwa, a 23 year-old commercial motorcyclist, for allegedly raping two women at different locations in Ondo state. Police Public Relations Officer in the state, DSP Odunlami Funmilayo, disclosed this while parading the suspect,along with two others at police headquarters,on Tuesday in Akure. Funmilayo said…
1 hour ago
Ole Gunnar Solskjaer is confident he can turn Manchester United's fortunes around as pressure increases on the Norwegian ahead of Wednesday's Champions League clash with Atalanta at Old Trafford. United are five points behind Premier League leaders Chelsea after a 4-2 defeat at Leicester on Saturday They are not certain of progressing to the last…
4 hours ago
Three persons have been reportedly trapped while one has been confirmed dead in a fresh building collapse on Monday night in Ikorodu area of Lagos State. Two other persons were rescued from the collapsed two-storey building by residents of the area. Confirming the incident on Tuesday,, the South West Coordinator of the National Emergency Management…
4 hours ago
Comedian and magician Phil Butler has died at the age of 51. His cause of death remains unknown as it has not yet been announced. Phil’s agents Chris Davis Management issued a statement following his sad passing. Sharing a statement on Twitter, they confirmed: It is with huge sadness we have to announce the passing…