Home » Tag Archives: Nigeria

Tag Archives: Nigeria

Roman Oseghale: How to Fix the Nigerian Economy, Education (EXCLUSIVE INTERVIEW)

Roman Oseghale

At The Platform, a signature initiative of Covenant Christian Centre, held on October 1 in Lagos, Roman Oseghale– a Canada-based renowned architect, researcher and  business consultant– wowed the audience. With the venue crowded with people from all walks of life, many of them young, and millions of people watching across the world, Roman proved a point. He showed everyone that ...

Read More »

Tunisia, the North African Country Where Many Women Can Live Up to 77 Years

Tunisia is paving way for women

With a population of 10.1 million people, the official language in the country is Arabic, although French is widely spoken too. The life expectancy in most African countries is very low when compared to the developed countries. But Tunisia stands out as an exception to the rule. The average life expectancy in Tunisia is 75, with that of women being ...

Read More »

Kemi Adeosun: Luxury Tax Will Commence Soon— Rich People Must Bear the Burden

Nigeria's finance minister, Kemi Adeosun

Kemi Adeosun, minister of finance, says the federal government will soon start collecting luxury taxes. Addressing journalists at the annual meetings of the World Bank and International Monetary Fund (IMF) in Washington DC on Sunday, Adeosun said people with higher income must bear a greater part of the tax burden. “The luxury tax planned by the federal government is being ...

Read More »

Nigeria Has Come Out of Recession, but Recession is Still in Nigeria

Is Nigeria really out of recession?

The common man does not understand and comprehend fictitious figures and high-sounding words on the issue of economy. What he understands is what impacts positively on his table and pocket. Until we truly care for the common man, we are not serious yet as a nation. Some days ago, I read about a beautiful and stunning story that succeeded in ...

Read More »

Are You Aware? Nigeria Realises N118trn from Crude in 53 Years [READ]

The reign of crude oil in Nigeria (Photo: NBS)

The National Bureau of Statistics (NBS) says Nigeria has realised more than N118 trillion from crude production and refining from 1961. The NBS report, which has additional data from the Nigerian National Petroleum Corporation (NNPC), collated its statistics from 1961 till 2014. “The petroleum statistics on crude oil production and oil refining reflects that a total 32.70 billion barrels of ...

Read More »

NigeriaAt57: Why There is No Place Like My Nigeria [SPECIAL TRIBUTE]

I am black and I have my green passport but I’m not a Nigerian because of my color and green passport, I am a Nigerian by pride. I love my country because all over the world Nigerians are setting the pace and becoming the standard by which others measure themselves. My country is rich in culture, oh! How I love ...

Read More »

Amazing! How Mauritius Became the Easiest Place To Do Business in Sub-Saharan Africa

It’s no secret that businesses in sub-Saharan Africa face several barriers when it comes to ease of doing business, despite some of the fastest growing economies in the world being located in this region. According to the Doing Business 2017 World Bank Fact Sheet for the region, Mauritius has the highest ranking at 49, while large economies like Kenya, Uganda ...

Read More »

The Journey so far: How Nigeria Pulled Itself Out of Worst Economic Recession in 29 Years

Nigeria is finally out of recession!

Nigeria’s economy is finally making a comeback, after five consecutive quarters of recession. Data published by Nigeria’s National Bureau of Statistics (NBS) shows that the economy grew 0.55% in the second quarter of 2017. The first hint of recovery came in the fourth quarter last year when, despite still in being in a recession, the economy showed an uptick. The ...

Read More »

Nigeria and Other Developing Countries Should Invest in Schools Before Roads. Really?

Common! Let's build schools

In recent years, discussions on how to jump-start development in sub-Saharan Africa have largely been about addressing the infrastructure deficit. The lack of everything from roads and railways to electricity and running water are recognized as huge obstacles on the journey to sustainable development. African countries must invest in infrastructure The World Bank estimated in 2009 that addressing the infrastructure ...

Read More »

Here’s the Summary of All You Need to Know About Alison-Madueke’s Corruption Scandal

Nigeria's former oil minister, Diezani-Alison Madueke an d her shady shady deals.

Last week, news of a US Department of Justice (DOJ) lawsuit roped Diezani Alison-Madueke, Nigeria’s former oil minister, in yet another international corruption scandal. The lawsuit alleges that two Nigerian businessmen, Kola Aluko and Jide Omokore, illegally obtained lucrative oil contracts in Nigeria by repeatedly bribing Alison-Madueke. The men then laundered the proceeds of those contracts through the US by ...

Read More »