We save in order to spend in the future. To do this effectively, we need to know that our future spending power will be at least equal to current spending power, that the savings will “store value”. In this article …
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Nigeria’s Otigba Computer Village is arguably the biggest information, communications technology (ICT) market in Africa. It started off as a one-man business on a street called “Otigba” in Ikeja, the capital of Lagos State. Within a short time, it grew …
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Finance minister Tito Mboweni’s new economic strategy paper is a refreshing, much-needed breath of fresh air for an economy struggling for oxygen. The paper is replete with common sense proposals all aimed at achieving the economic growth South Africa desperately …
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The Lagos State Government in Nigeria recently hinted on taxing motorcycle hailing start-ups operating in the state in a bid to expand its tax revenue. While this decision may be well-intended, especially from the point of improving the state’s Internally …
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During the recent 7th annual conference of the Renewable Energy Solutions for Africa Foundation in Ethiopia, the Executive Secretary of the Economic Commission for Africa, Vera Songwe, gave an all too familiar advise when she said the continent needs to …
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Did government blink in the face of SAX demands? It had been reported that, finally, there was a voice of reason within the government regarding public funding for failed state-owned enterprises (SOEs). But, subsequent developments may contradict this.
Last week, …
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It took President Muhammadu Buhari 54 days after his second term began to send a list of ministerial nominees to the Nigerian Senate for screening.
This is a better record than his first term, which began in May 2015. Then …
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It seemed too good to be true. A diamond-rich, corruption-free, democratic, prosperous, and peaceful African country with a tradition of peaceful transfer of presidential power (the incumbent president voluntarily leaves office a year before the next general election). It was.
Following the discussions about the NHI (National Health Insurance), I am struck by how little regard is given to self-ownership. To preclude the possibility of ownership by someone else, self-ownership is a necessity. Black Africans were enslaved in the Americas …
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There are a few greater challenges to the human mind than to discuss the state of property rights in Nigeria and Africa. Not many dare face this bull in the eye. But I will. And to rightly understand the situation …
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