Move over QE, hello liquidity easing

Move over QE, Hello Liquidity Easing Over the last few weeks, the Nigerian yield curve has witnessed a spectacular collapse in the literal sense of the word, particularly at the short end of the curve where effective yields closed yesterday at 3.39% for the 91-day, 7.22% for the 182-day and 7.95% for the 364-day paper.This …

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President Buhari’s ministerial list

Department of State Security have revealed President Buhari's ministerial list. They include Human rights lawyer Femi Falana, frontline Economist Pat Utomi, former Nigerian Breweries MD Festus Odimegwu, former Osun state governor Olagunsoye Oyinlola, Former MD of the Federal Inland Revenue, Mrs. Ifueko Omoigui-Okaru, Former Chief of Army Staff Lt. Gen Abdulrahman Dambazu rtd, former Legal …

Nigeria is one of world’s worst business destinations — World Bank

Despite improving five steps on its ranking last year, Nigeria emerged one of the worst business destinations, the 2015 World Bank’s Ease of Doing Business ranking has showed. Nigeria ranked 170 among 189 economies covered in the 2015 edition, released on Thursday. The improvement, which showed a 3.61 percent improvement from 43.72 percent points in …

Bank Verification Number registration exercise in Nigeria

Nigerians in Diaspora that have Nigerian bank accounts and are yet to do their Bank Verification Numbers BVN registration can now do so without leaving their resident country as the Central Bank of Nigeria has made two options available for them to conveniently do the registrations. According to circular dated August 18th and signed by …

Elections of NASS principle officers and APC. 

The ruling party had an internal election for Speaker, deputy, Senate President and deputy positions. Various ambitious members and senators campaigned within the party and sought support from people they believed had influence within the party. They formed groups to achieve their outcomes. There was a public and open vote and the majority of APC …

Hassan DM NO! WE MUST NOT GO DOWN THAT ROAD AGAIN

When some of us campaigned and voted for General Muhammadu Buhari, we did that in hope that he will move us from the old order, from the way things are done in this country. However, this morning we saw on Facebook, Twitter and other social media a picture people were gleefully sharing as something positive. …

Libya and Europe

When France led others including the UK to attack Libya, only their ego was in display. They were not challenged in their home countries, they acted without opposition. They had no forethought for their actions. They had the immediate gratification of removing an old enemy. They had no sense of history or geography. They were …