What’ hot? Vol. 3 Nigeria’s looming debt crisis, Alarming inequality, #Diezanigate, Jack Ma in Africa!

Hi blogfam! Another edition of your favorite news updates. Nigeria’s looming debt crisis Nigeria’s current debt stock stands at N19.6 trillion and our debt to GDP ratio is only 18.6%- that is our national debt is 18.6% of the value of goods and services that we produce. On the surface this does not sound alarming… Read More What’ hot? Vol. 3 Nigeria’s looming debt crisis, Alarming inequality, #Diezanigate, Jack Ma in 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 10 percent of B2B (Business to Business) spending; in Nigeria and Kenya, it’s less than 20 percent………..Given the… Read More Ease of doing business in Nigeria – 31 Reforms completed in 60 Days

Economic diversification: Understanding it within the Nigerian context – part 1

So over the next couple of weeks, I shall be doing a series on economic diversification. I feel this is imperative as this has dominated the discourse on the Nigerian economy since it plunged into a recession. More so, with the recently released Economic Recovery and Growth Plan, I think that a basic understanding of… Read More Economic diversification: Understanding it within the Nigerian context – part 1

State of the Nigerian economy: understanding the latest figures released by the National Bureau of Statistics (NBS)

Nigeria’s National Bureau of Statistics (NBS) recently released the GDP figures for the 4th quarter of 2016. This publication provides a lot of insights and also throws up a lot of questions regarding the effectiveness of  government policy so far in handling the recession. Before proceeding to the analysis, let me highlight some of the relevant… Read More State of the Nigerian economy: understanding the latest figures released by the National Bureau of Statistics (NBS)