Factors behind Nigeria’s failed war against financial exclusion

November 20, 2023 Jerry Uwah 0

Nigeria is doing a futile battle against financial exclusion. Millions have refused to own bank accounts even as the World Bank and the Central Bank of Nigeria (CBN) have established an indubitable link between poverty and financial exclusion. It has been confirmed that people who have no access to financial services are prone to abject poverty. They cannot raise something Read More

CBN highlights factors pushing up inflation rate globally

August 9, 2023 Segun Odunewu 0

The Central Bank of Nigeria has highlighted some of the factors pushing up inflation rate across the globe, citing the ongoing war between Russia and Ukraine as one of the major factors. The acting Governor of the CBN, Folashodun Shonubi, who was represented by apex bank’s deputy governor, Economic Policy, Kingsley Obiorah stated this at the 2023 Zenith Bank International Read More

Factors defining Nigeria’s politics

June 29, 2023 Sunday Onyemaechi Eze 0

Politics in Nigeria is majorly parochial and highly defined by both deep ethnic and religious sentiments. Every election cycle brings with it these sentiments manifestly in greater frenzied proportions. Politicians win or lose by taking undue advantage of both. Always exploiting the obvious fragile, weak ethnic fault lines and sensibilities of their teeming supporters is the only strategy they often Read More