“Ceaseless jacking up of interest rate will further soften naira, impeding industrial growth and accelerating inflationary trends.” Nigeria is in dire economic straits and the de-pegging of the naira is not making things better in foreseeable future. As unrestricted naira continues to float, its value nosedives, weakens and deteriorates. Naira at one point in the forex … [Read more...] about Nigeria hiking of interest rate is anti-growth policy
Wole Soyinka – Great Collective conscience of Now
Wole Soyinka – Great Collective conscience of NowBy Emeka Chiakwelu The quest endures frills not space as it fillsWords really have meaning in the hands of a warrior chroniclerA brilliant mind that free words to be activeNever knew words have momentumYes buttress the society with words with consequencesYou liberated the words and liberated Blackism Africanism survives … [Read more...] about Wole Soyinka – Great Collective conscience of Now
Chief Willie Obiano, Anambra State Governor – AFRIPOL PERSON OF THE MONTH
Governor Obiano is a change maker. Something great is happening in Anambra State of Nigeria. This is nothing short of intellectual, economy-metaphysical and human capital revolution. The salaries of Anambra State workers are paid on time, even with incremental benefits, the schools are excelling and are scoring the best results in the WASSCE, Nigeria. In addition, there … [Read more...] about Chief Willie Obiano, Anambra State Governor – AFRIPOL PERSON OF THE MONTH
UK Foreign Minister – Boris Johnson referred to Africans as “watermelon smiles”
Boris Johnson is an embodiment of a colonial nostalgia. The blond red-faced bombastic rabble rouser is back again on the international news-scene. I am talking about Boris Johnson, the former mayor of London, who aspired to become UK prime minister before he changed his mind. Boris was appointed the new British foreign minister by the new installed British Prime Minister, … [Read more...] about UK Foreign Minister – Boris Johnson referred to Africans as “watermelon smiles”
President Buhari or IMF – Who has better policy on Naira‘s elasticity
The currency of a nation is a vanguard bulwark that safeguards the wealth of a nation. Nigeria’s naira holds the intrinsic and inclusive value to country’s GDP and wellbeing. A deteriorated and weaken naira invites aggressive currency speculators to devour the wealth of a nation. Naira value must be aggressively protected because a given currency can be use to monetize debt and … [Read more...] about President Buhari or IMF – Who has better policy on Naira‘s elasticity