Bukola Ogunyemi: An Inquest Into Nigeria’s Culture Of Corporate Corruption


 According to public finance experts, Nigeria’s federally collected revenue from 1999 to 2014 stood at $690 billion. But you don’t have to live in Nigeria to know N138 trillion worth of human and infrastructural development does not exist anywhere. So how did Nigeria end up with stagnated development, less than appreciable growth, lower foreign reserves […]

Olu Akanmu: Government Must Let The Markets Work


 If there is any lesson the Federal Government must learn from the lingering petrol crisis, in the unabated long queues at our petrol stations, it is that that a government cannot substitute itself for the market no matter the depth of its patriotic intentions.  From the management of the foreign exchange to petrol markets, we […]

Oby Ezekwesili: The Holistic Look At The Nigerian Economy And Its Potentials


 Obiageli ‘Oby’ Ezekwesili, former World Bank Vice President and Co-Founder of global anti-corruption body, Transparency International, gave this presentation on the potentials of the Nigerian economy last Saturday in Abuja. Using China and Singapore as case studies, the renowned public policy advocate examined the harmful effects of protectionism on the Nigerian economy.  

African Capital Markets To Raise IPOs Worth $3.1 Billion In 2016, Double The Amount Raised In 2015


 Despite operational challenges in 2015, analysts say that African capital markets are expected to see a gradual pickup in growth in 2016. The markets are expected to raise Initial Public Offers (IPOs) worth $3.1 billion. The president of African Securities Exchange Association, ASEA and Chief Executive Officer, Nigerian Stock Exchange, NSE, Oscar Onyema disclosed this […]

Africapitalism – Do Nigeria’s Big Corporate Fines Signal The End Of ‘Anything Goes’ In Africa?


 The recent sustained attention given to the economic performance of Africa is a sharp departure from the usual negative and patronising representation of the continent in the global media. The old narrative represented a continent riddled by wars, famines, disease and the burdens of poor infrastructure and reckless governments. While many think that the description […]