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Nwamaka Ogbonna

Politics. Economics. International Development

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Africa

Ease of doing business in Nigeria – 31 Reforms completed in 60 Days

Small businesses are the lifeblood of Africa's economy and their contributions to employment and GDP cannot be overstated. A report by Mckinsey last year noted that: "Small companies dominate in other African economies. In Ethiopia, large companies account for less than... Continue Reading →

Nigeria’s exchange rate falls below N400/$1 for the first time since August 2016, what could possibly be wrong with this?

Within the past few days, the Naira has fallen below N400/$1 for the first time since August 2016, expectedly there has been a lot of cheer and excitement and even commendations for the Central Bank of Nigeria (CBN) and the Federal... Continue Reading →

Understanding Nigeria’s $1 billion Eurobond sale: Opportunities and risks

Last week, Nigeria successfully completed a $1 billion Eurobond sale on the international market. In fact the bond sale was oversubscribed to the tune of $ 7.8 billion at an interest rate of 7.88%. However, we can only access the... Continue Reading →

Nigeria’s Budget 2017: Examining the #Frivolousitems

Note: all images are from Budgit: here & here Nigerian civil society watchdog Budgit recently published a list of frivolous items in Nigeria's 2017 budget. As I went through the line items, I could not understand how a country undergoing... Continue Reading →

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