Business

Banks awash with excess cash amidst poverty

Banks awash with excess cash amidst poverty

•As banking system liquidity surges 17% to N5.5trn By Elizabeth Adegbesan Amidst prevalent poverty in the country, Nigeria’s financial sector experienced a major injection of cash as the average net liquidity in the banking system surged to N5.53 trillion in May 2026. This represents a 17.16 per cent increase from the N4.72 trillion recorded previous […]
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Dance, story-telling, as Peak milk celebrates 60

Dance, story-telling, as Peak milk celebrates 60

Dance and story-telling was what Friesland Campina WAMCO Nigeria Plc needed to celebrate Peak Milk at 60. The Managing Director of the company, Mr. Rahul Colaco, while speaking at the celebration ceremony, described Peak as “a truly Nigerian iconic brand,” while expressing happiness and appreciation of Nigerian’s loyalty to Peak milk and “particularly those who have come from far and near for the celebration of 60 years of nourishing Nigeria with quality dairy nutrition.”

How seed business transformed me — Sawadogo

How seed business transformed me — Sawadogo

I am Abdoulaye Sawadogo, the Managing Director of Neema Agricole, a seed company in Burkina Faso. The company was established in 2008 after I lost my job with a tyre producing company and then decided to go into farming primarily to feed my family.

An Economic Intervention: the case of Nigeria

An Economic Intervention: the case of Nigeria

The tenure of Dr. Ngozi Okonjo-Iweala may have brought a rigorous, intellectual and analytical approach to government economic policy, and an end to decades of voodoo economics. It also resulted in the death of Keynesian economics and heralded the dawn of a new era of neo-classicism. Neo-classicism is the economic doctrine favored by international agencies like the World Bank and the International Monetary Fund (IMF).