Currency woes and capital flows in emerging markets
We have heard countless of time that capital inflows are just waiting in the wings to pour back in if only Nigeria would devalue its currency. Recent evidence from emerging…
Stanbic IBTC Bank restates commitment to support sustainable business growth
Stanbic IBTC Bank, a member of Stanbic IBTC Holdings Plc, has restated its commitment to ensure businesses grow in a sustainable way, in line with its pledge to move individuals…
Flour Mills Nigeria Plc: Gains on exceptional item bolster profit
Flour Mills Nigeria Plc was incorporated in September 1960 as a private liability company, and commenced operations in 1962 with an installed capacity of 600 metric tons per day. The…
MDAs, banks dither on FG’s push for TSA implementation
Ministries, Departments and Agencies (MDAs) and banks are holding back against a push by the Federal Government for the full implementation of the single treasury account, (TSA) BusinessDay investigations show.…
Africa should renegotiate EPAs for manufactures’ trade parity (1)
African countries should only allow duty-free manufactured goods’ imports for the same amount of manufactured goods that they export.Customs duties should apply to trade in excess of this threshold.Reciprocity by…
What is the rule of engagement for our economy?
At the time of writing, I pondered on the philosophy behind Nigeria’s economy since independence in 1960. Today, it may be difficult to say categorically that Nigeria is operating a…
The judicial resuscitation of PDP and matters arising
A couple of weeks ago following the worrisome sack of many PDP governors and legislators by the Court of Appeal, I wrote an article “The judicial decimation of PDP &…