When will the exchange rates converge?
Sometime in 2020, Goldman Sachs, one of the leading investment banking firms predicted that the Nigerian official currency, Naira would have a significant devaluation between 2021 and 2022.…
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Analysing the sources of growth in Consumer Price Index
In February 2022, the National Bureau of Statistics, (NBS) released a report on the Consumer Price Index, which showed that the annual inflation rate in Nigeria was 15.70 per cent on a…
Why unemployment problem must be addressed to boost wealth creation
The National Bureau of Statistics (NBS) reported that unemployment rate in the nation stood at 33.3 per cent in Q4 2020. The problems of underemployment and youth unemployment are equally…
Nigeria’s volatile power generation in 3 charts
Nigeria's major cities are struggling with meagre power after the country's electricity-generating infrastructure failed for the umpteenth time.
The power grid failure occurred during a…
Investment in education is synonymous with becoming global players
Nations have developed by paying adequate attention to the development of their human capital. Countries like the United States, Canada, United Kingdom, France are global players today…