37 Dead: The Cost of Lithium
It is now about two weeks since officers of the Nigeria Security and Civil Defence Corps (NSCDC) arrested scores of people suspected of illegal mining around the M.I. Wushishi and Lukoto areas
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Lithium: New Oil, Same Curse?
The United Nations has recently announced that it selected Nigeria, alongside Guinea, Indonesia, Madagascar, Zambia and Zimbabwe, as one of the first countries to receive country-level support under its new initiative on
Nigeria Week Ahead: Inflation, Naira And Oil In Focus
Some semblances of stability have returned to global markets after US recession fears created shockwaves last week. Still, concerns over the health of the world’s largest economy linger with investors on high alert ahead of another busy week. With the US elections
Olympics: Like Crude Oil, Nigerian Sports Is Raw Material For US, Europe, Other Countries
The Paris Olympics have been concluded, and Nigeria’s performance once again sparked discussions about the nation’s sporting potential and preparation. With a contingent of 88 athletes competing in 12 events, Nigeria left the Games without securing any medals. This is why Paris
40 Years Of Punditry
The month of August is typically filled with celebrations in my household – a wedding anniversary and two birthdays; but this year, there’s additional reason for a drink. It is the 40th anniversary of my debut as an opinion writer. It was
If Kamala Cracks The Glass Ceiling, Can It Be ‘Obi-literated’ In Nigeria?
History beckons in Nigeria, if Kamala Harris can smash the power ceiling in the US. By Chudi Okoye They are both trying to break a glass ceiling in their respective countries: she, a gender barrier; he, an ethnic one. They are both
Bloomberg’s Philanthropy: In Search Of Bankers That Can Stand In The Gap For Nigerians
Financial sector billionaire, Michael Bloomberg, may have upped the ante in the sphere of philanthropy. He recently committed the sum of $600 million to the endowment of four historically black medical schools in the United States of America to help secure their
Africa’s Mounting Debt Crisis And Need For The Global Financial Architecture Reform
By Muhammad Mustapha Gambo, PhD Africa’s debt stocks have grown significantly in the past decade. Understandably, African governments took advantage of historically low interest rates in the 2010s and borrowed heavily from international capital markets and China. However, debt has recently become a
Food Crisis: A Challenge From Ex-Gov Obiano
By Phillip Obiakor In the late 1960s when the vicious war between India and Pakistan ended, India faced a severe drought. A grave food crisis became its lot. The country depended on international philanthropy to feed its citizens. An exasperated Indira Gandhi
Midweek Musings: Why Are We Still Importing Food?
I woke up this morning with a heavy heart. Nigeria is on my mind. The country has become very poor in recent years. total FX proceeds from crude oil exports expected in 2025 is just about $22 billion. Dangote Group expects to
After That Over-analysed Speech: What Tinubu Must Do Now
Once news filtered in about Tinubu’s plan to address the nation, the country waited with thirst and hunger for good news. Are we going to see immediate results from the protests, many wondered aloud. The speech came, and the President appeared to
Why Are Banks Against Windfall Tax?
On Wednesday, 31 July, two senior bankers, Tony Elumelu, Chairman of UBA Group and Ladi Balogun, Group Chief Executive of FCMB Holdings, walked into President Tinubu’s office to talk to him about the proposed 70 per cent windfall tax being imposed on
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