IT is the hottest debate in town. Boko Haram and terrorism have been pushed to the back seat, for now. Temporarily forgotten is the proposed electric power tariff increase the Federal Government vowed must go into effect this month. Sidelined for now are the petrol subsidy report and its mind-numbing revelations on which many interest groups have served notice they would soon go on “occupy” street protests.

The issue of fuel subsidy removal has become recurrent in our economy. The following
are answers to salient questions on the beneficent resolution of this dilemma:

Last Saturday, foot-ball faithful all over the world were joined by their African colleagues to celebrate the feast of football as the 2014 FIFA World Cup Preliminary competition kicked off.

James Michener was for years an editor before he became a writer of historical novels; he wrote over 20 books and he is one of my mentors – even in death. When in 1994, I first started writing general commentary, the first thing was to find out the cardinal principle of journalism and to apply it at all times to all situations and issues. It still boils down to finding the facts and not being swayed by popular opinions.

IFC, a member of the World Bank Group, and the African Development Bank (AfDB) today signed an ISDA Master Agreement to enter into cross-currency swap transactions to facilitate local currency lending and bond issuance in Africa. It is the first ISDA Master Agreement either institution has signed with another multilateral financial institution.