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Nwamaka Ogbonna

Politics. Economics. International Development

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Lessons from Nigeria’s economic boom

So I have had a lot of people ask me questions along this line 'Oh, I'm confused, I thought before oil prices fell we were growing between 5-6% per year, how come once oil prices fell, we immediately entered a... Continue Reading →

5 things you should know about Nigeria’s 2017 budget.

On Monday June 12, 2017, Nigeria's 2017 budget was finally signed into law after several months of the drama that has come to characterise Nigeria's budget process. As a Twitter user put it 'In 2016, we were looking for the... Continue Reading →

What’s hot?!! Vol.1 – June 12, unemployment data, debt etc.

Hello blogfam! I hope your week has started on a great note already?! If not, I wish you some more luck. Anyway, I am excited to be starting what I think (hope & pray) maybe a permanent weekly feature on... Continue Reading →

Democracy day in Nigeria: 18 Years Later, To What Extent Has it Delivered on its Promise?

  I was 6 years old when Nigeria's last 'strong man' General Sanni Abacha died, as young as I was then, I still have vivid memories of the day of his death. I was sitting with my dad when the news broke... Continue Reading →

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 →

Vive la France! WEF Africa and other news

Hello blogfam, apologies for being away for so long, it sure feels like ages..let's just say April was pretty overwhelming with lots of work and personal demands but I am back now 🙂 I feel that it has been pretty... Continue Reading →

A role for the Development Bank of Nigeria

In this article for Stears, I look at the role Development Banks can play in Nigeria's industrialisation and diversification agenda, you can read it here. But below is an excerpt: "Development Banks are set up to deliver economic priorities of... Continue Reading →

Economic diversification in Nigeria (part 2): Understanding the natural resource curse

About two weeks ago, I started a series on economic diversification for us to understand the factors responsible for Nigeria's economic structure. Today, we would be looking at one of the major problems facing resource dependent economies like Nigeria and which... 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 →

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