Nigeria’s next big reform
Every time you see a building in Nigeria with “This house is not for sale” painted on it, it is a stark and painful reminder about Nigeria’s failure to reform one of the most critical ingredients for economic development in any society. Since 1978 when it came into being, Nigeria’s Land Use Act (LUA) has…
Brazil names new central bank head, eyes reforms
Brazil's interim government on Tuesday named economist Ilan Goldfajn as the new head of the central bank, a key post in the fight to coax the giant economy out of recession.