The Central Bank of Nigeria (CBN), the country’s supremely reserve bank has made a decision of hiking the interest rate from 11% to 12%. It was puzzling to many financial and monetary observers because it was less than three months that CBN reduced the interest rate from 13% to 11%. Then it appeared that the monetary policy was gearing towards enhancement of liquidity, but the … [Read more...] about CBN Interest rate at 12%: Erratic monetary policy and illiquidity
Afripol supports Buhari‘s Opposition to Naira Devaluation
Written by AFRIPOL Naira is gradually evolving into a ‘proxy’ and ‘puppetry’ currency to both US dollar and British pound. Therefore it is devoid of logic and not prudent to further devalue naira in this circumstance as stipulated and recommended by the overbearing IMF. The economic managers and financial policy makers of yesteryear Nigeria failed woefully to safeguard and … [Read more...] about Afripol supports Buhari‘s Opposition to Naira Devaluation
DIPLOMAT: Richard Holbrooke’s superior quality in pursuit of stellar diplomacy
The life, energy and development of the late American diplomat, an extra ordinary man of great caliber, Ambassador Richard Holbrooke was documented and narrated in a film by his son. The film named Diplomat is highly recommended to every student of international diplomacy and global politicking. “THE DIPLOMAT tells the remarkable story of the life and legacy of Ambassador … [Read more...] about DIPLOMAT: Richard Holbrooke’s superior quality in pursuit of stellar diplomacy
Gov. Okorocha: A rising star in the President Buhari ‘s Trip to The White House
As President Buhari visited The White House, the momentous occasion reordered and chronicled so many episodes and activities for political pundits and analysts to chew on. It was mouthful and overflowing with purposeful activities that enlightened and buttressed President Buhari commitment in building of the new Nigeria that is devoid of corruption. But also in the trip … [Read more...] about Gov. Okorocha: A rising star in the President Buhari ‘s Trip to The White House
Jonathan’s Nigeria and US : John Kerry Diplomacy in Nigeria
It does not take a geo-political expert to ascertain and even make conclusion that United States diplomacy in Nigeria is becoming unclear and somehow, incomprehensive. United States Secretary of State John F. Kerry was recently in lagos , Nigeria to meet the two presidential candidates of the top political parties, People's Democratic Party (PDP) and All Progressives Congress … [Read more...] about Jonathan’s Nigeria and US : John Kerry Diplomacy in Nigeria