Insider Insights

CBN Scam: Mopping up Naira

August 22, 2017 admin 0

The size of the Central Bank of Nigeria (CBN) Scam to artificially support the Naira exchange rate is now clear. The CBN has spent N2.9trillion, USD8bn, on open market operations (OMO) in the last seven […]

Companies Insider

Corporate Funding Announcements Up. Why?

July 24, 2017 admin 0

Announcements of corporate bond issuing and rights issue capital raising are up significantly in 2017 (Source: This Day). Many see this as a sign of economic recovery here in Nigeria. But is it? We would […]

Economy Insider

Government Deficit: What Recovery?

July 21, 2017 admin 0

The Federal Government currently cannot meet interest payments and wages from the amount of money it earns. This puts the “recovery” we are supposed to be experiencing in significant danger. The Federal Government and the […]

Economy Insider

Impact of US Steel Import Tariffs on Nigeria

April 21, 2017 admin 0

As United States President, Donald Trump shows, the first signs of imposing import tariffs on steel imports to the US there maybe a knock-on impact for Nigeria. This action was sign posted as part of […]

Business Insider

Kemi “the village bean counter” Adeosun

April 21, 2017 admin 0

And so it begins. As predicted. The Federal Government has begun to say that any lift out of recession is due to its policies. Kemi “the village bean counter” Adeosun, Minister of Finance, claimed yesterday […]