N1.68trn cash inflow eases banking system liquidity

N1.68trn cash inflow eases banking system liquidity

Contrary to fears of liquidity stranglehold, a total cash inflow of about N1.68 trillion was received by banks in September on the heels of the implementation of the Treasury Single Account , TSA, policy by the Federal Government, a development which has created high liquidity, while crashing money rates last week.
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MPC and the blind leading the blind

MPC and the blind leading the blind

The Monetary Policy Committee is the ‘Think Tank’ that designs the blueprint for best practice strategies that should drive Nigeria’s economic growth and prosperity. Thus, if the MPC’s recommendations were appropriate, and progressive, inclusive economic growth would evolve; conversely if the MPC’s diagnosis or prescriptions are off target, then our current stunted growth experience will inevitably be the product of implementating those Monetary Policies midwived by the committee from time to time.

Between IDL, distributors reward as tool for business growth

Between IDL, distributors reward as tool for business growth

In a competitive business environment, more business owners are looking at improvements in exceptional sales performance from their trade partners. Meanwhile, a strong competition has resulted in a tight trade partnership of which now businesses require more from their trade partners, while partners are also looking out for more outcome from them.

Growing up, looking back

Growing up, looking back

I LONG for the good old days whenever I think about the new bad ones. In confronting the ugly scenes of today, my mind instinctively, switches, like some defensive mechanism, to my youth, or even my childhood. They were the periods of innocence. When humanity was a child.

Buhari and other ministers: random musings

Buhari and other ministers: random musings

ONE of the most brilliant lawyers in Nigeria, Chima Nnaji (you will see him from time to time on Channels and the African Independent Television discussing current affairs) once said: if you close your fist everybody’s eyes will be attracted to it. Everybody will want to know what it is you are hiding in that fist, until you open it and they find it is a mere piece of paper. Hiding that piece of paper creates suspense, a heightened sense of expectation and yearning for you to open that dratted hand.