April 28, 2025
Lagos, Nigeria

Economy

Economy

Supreme Court Halts Financial Allocations to Rivers State Government

The Supreme Court has ordered the Central Bank of Nigeria (CBN) and the Accountant General of the Federation to immediately cease further disbursement of financial allocations to the Rivers State Government. In a ruling delivered on Friday by Justice Emmanuel Akomaye Agim, the apex court stated that the order would remain in force until Governor

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Economy

Davos Dialogues: Africa’s Path to Economic Renaissance

The 54th World Economic Forum took place in Davos, Switzerland from the 15th to the 19th of January, 2024. Themed, Rebuilding Trust, the annual event featured over 200 sessions that shape the trajectory of the world’s economic landscape. Amidst the diverse narratives throughout the 5-day event, one that resonated particularly strongly was the future of

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Economy

Economic Renaissance and Soft Power Synergy: Nurturing Nigeria’s Global Influence through Creative Economy

As the world moves towards a sustainable and eco-friendly future, Nigeria is leaving behind its oil dependency to explore alternative energy sources. This shift promises an exciting chapter in Nigeria’s economic rejuvenation. In September, we embarked on a journey to explore new avenues for Nigeria’s economic renewal. Our first stop was the Ministry of Marine

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Economy

Economic Renaissance: Building a Future on the Foundations of New Frontiers

When situated at the Earth’s midpoint, one can observe the rapidly evolving nature of the world. Through the combined efforts of both private and public sectors, human society is undergoing swift transformations, transitioning from a fossil fuel-dependent economy to an environmentally conscious one, replacing physical transactions with digital payments, and placing greater importance on ESG

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Economy

Amid Tension: Nation Building Lessons from Afghanistan

As we watch the tragedy unfolding in Afghanistan, American forces having spent two decades there, we recognize that there have been bright spots—such as lower child mortality rates, increases in per capita GDP, and improved literacy rates; but amid the current tension, there are many lessons for African leaders to learn. Nation-building requires a strategy

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Economy

Africa-China Debt Relationship: A ticking time bomb

Sino-African relations predate the 21st century, but an increased focus on establishing long-term relationships began in 1996 when then-President, Jiang Zemin, assembled other Chinese dignitaries for bilateral dialogue across the continent. Since 1996, China’s involvement in Africa’s economy, trade, and infrastructure has grown exponentially. For context, the trade volume in 2000 was earmarked at $10.6bn;

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