Banks slash loans to manufacturers, traders by N2.1trn
Loans to five sectors drop 17.5% to N16.43trn in 6mth By Babajide Komolafe At the backdrop of the challenges confronting the manufacturing sector, including structural bottlenecks, weak consumer demand and high interest rate, banks slashed loans to manufacturers and traders by N2.1 trillion in the first six months of 2025 to N10.946 trillion at the end of […]
Re: ‘Bola’s Tax’: When ‘Simple Logic’ becomes simple misdirection
By TANIMU YAKUBU THE Emmanuel Orjih’s essay being circulated is rhetorically powerful, but its “simplicity” is achieved by subtracting the very provisions that determine the outcome. That is not clarity; it is selective accounting. Let’s dismantle the argument on its own terms—calmly, sequentially, and with arithmetic that actually follows the law. 1) The core confusion: pension […]
Beyond copycat development
By VICTOR-BANDELE DADA For much of the post-colonial era, developing nations were encouraged to pursue progress by imitating the historical development trajectories of industrialised economies. This article argues that such copycat development has reached its historical and structural limits. The argument is advanced through three inter-related perspectives: the internal crisis of governance in the developed world […]
Thoughts on governing Nigeria: On coalition and consensus politics
By LADIPO ADAMOLEKUN All governments are coalitions. The choice is whether the coalition is within one party or between several.— The Economist, October 28, 1995. Nigeria: Coalition Government for a Decade Each time I reflect on the future political system for Nigeria, I feel that the overwhelming evidence is for a coalition government to succeed the […]
Access to Bariatrics care improves in South-East with Onitsha launch
In a move that could shape obesity management and public health outcomes in Anambra State, Getslim Bariatric Center has launched a new facility in Onitsha in partnership with Rose Specialist Hospital. The initiative is set to improve access to specialised weight management services in the South-East. Located at Rose Specialist Hospital, 14 Njoku Crescent, Oyolu […]
Banks and Reporting Suspicious Transactions
Introduction The debate surrounding the accountability of banks versus regulators in detecting and reporting suspicious transactions is a complex issue that requires a nuanced understanding of the roles and responsibilities of both parties. Banks are the frontline defence against money laundering and terrorist financing, with a legal duty to implement robust anti-money laundering (AML) and […]
