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Category: Business

The IMF’s Lens on Nigeria’s Economy: Growth vs. Development and the Path Forward

By Michael Adedotun Oke The International Monetary Fund (IMF) regularly evaluates the economic health of its member countries, including Nigeria. While their reports often highlight “growth” figures, it’s essential to understand the distinction between economic growth and economic development and what the IMF’s pronouncements imply for the average Nigerian’s daily life. The IMF projects Nigeria’s […]

Nigeria’s Oil Sector Teeters on Brink of Collapse as Regulatory Hurdles Mount- Engr. Emenike

By George Ozalla The Nigerian oil and gas industry is on the precipice of imminent collapse due to numerous cumbersome and unfriendly regulatory environment, according to Engr. Chichi Emenike, Acting Managing Director and Gas Asset Manager of Neconde Energy Limited. Speaking to journalists in Abuja during the just concluded NOG week, Emenike spotlighted the urgent […]

“Senate Confirms Oludare as NDIC MD”

By George Ozalla The Nigerian Senate has confirmed Thompson Oludare Sunday as the Managing Director of the Nigeria Deposit Insurance Corporation (NDIC), a critical agency responsible for maintaining stability in the country’s banking and financial sector. Kabir Sabo Katata has also been confirmed as Executive Director of the corporation. The confirmation took place last week […]

“Nigeria’s Agricultural Renaissance: A Leap Towards Food Security and Prosperity”

*Feature* By Michael Adedotun Oke A landmark development is unfolding in Nigeria’s agricultural sector, with a series of strategic machinery commissioning events recently sweeping across the nation. These launches, spearheaded by both government initiatives and private sector partnerships, are poised to transform the country’s agricultural landscape, promising not only to combat persistent food insecurity but […]

“Kaida Road: A Forgotten Lifeline in Gwagwalada Cries Out for Urgent Repair”

Article By Michael Adedotun Oke While the Federal Capital Territory (FCT) proudly showcases significant infrastructure development, a crucial artery in Gwagwalada, Kaida Road, remains a glaring exception, bordering on abandonment. This critical road, extending from the mosque area in Old Kutunku and leading to bustling economic hubs, now stands as a symbol of the community’s […]

“Empowering Youth Through Barbing Skills: A Pathway to Economic Growth and Security in Nigeria”

Abstract By Michael Adedotun Oke This paper examines the critical role of vocational skill acquisition, specifically in the barbing industry, as a potent tool for youth empowerment, poverty eradication, and enhanced national security. It highlights the growing global demand for professional barbers and argues for a strategic investment in skill-based training programs. The Michael Adedotun […]

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