Forex accruals: Finally, state governors remove their blinkers!!
Acknowledgements and gratitude (1)
Where is $7bn CBN placed with 14 Banks?
14 Nigerian banks to enjoy $7bn reserve
The self-destructive, unforced error of Fuel Subsidy
The pathetic destiny of pensioners in Nigeria
Wages advisory committee as smokescreen
Haunting echoes of a sage (2)
Haunting echoes of a sage
Budget 2019 and the blind leading the blind
Killing the poor & desperate with shylock rates
The oppressive folly of fuel subsidy
Where is budget 2019?
The wrong way to defend the naira
Conflicting anti-corruption signals!!
Money, money everywhere and yet more debt!!
Labour & wage increases: Barking up the wrong tree!
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SubscribeWorld’s poverty capital and illicit financial flows!
THE Brookings Institution, a Washington based Economic think-tank, published a report earlier this year, titled “The start of a new poverty narrative.” The report was primarily based on the work of three experts associated with the ‘World Poverty Clock, an Economic Study Group launched, in 2017, to track trends in poverty reduction.
Cheaper foreign loans or debt trap?
THE Minister for Budget and National Planning, Udoma Udo Udoma, revealed to the Media, in Abuja, on October 18th 2018, that in contrast to the 2018 total budget of N9.2tn, N8.651tn will be budgeted for 2019; i.e. next year’s budget will be about N470bn less than in 2018.
Should my daughter call her dad’s new love ‘mummy’?
Since we split early in the year, my ex and I shared custody of our four-year-old daughter. This has worked out well, but she has started refering to her dad’s new girlfriend as ‘mummy’. I don’t have anything against the woman, but my daughter has only known her for a couple of months. The worst part is that I’ve never seen them correcting her. I want to stop taking her there for a while. I know it’s wrong, but I’m her only mummy.
SKYE BANK: Lucky depositors, disgruntled investors and beguile public
THE business license of erstwhile Skye Bank Plc was summarily revoked last month (September 2018) by Godwin Emefiele, the CBN Governor. The revocation came about two years after the financial regulator sacked the management in July 2016; the action followed the bank’s inability to meet the mandatory minimum key liquidity and capital adequacy ratios, which failure resulted in “the bank’s permanent presence at the CBN lending window.”
Pyrrhic victory of any rise in minimum wage
PRESIDENT Muhammadu Buhari, inaugurated a 30 member tripartite Committee on Monday November 27, 2017, to negotiate a new National minimum wage. The Committee comprises six serving State Governors and other members from both the public and private sectors, as well as leaders of organized labour.
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