Author: Bernard Isaiah Balancing the short-term challenges of macroeconomic stability with policies focused on achieving long-term, inclusive growth is crucial for Kenya. Inclusive growth, characterized by widespread increases in earnings, benefits the overall economy and improves individual well-being. High disposable income translates into higher domestic demand for private sector output, resulting in more jobs, opportunities […]
Author: Adegbaju Adeola Emmanuel | adeola.emmanuel283@gmail.com One significant threat looming over Nigeria is the over-reliance of its economy on oil revenue. With the gradual transition of the world from non-renewable energy to clean energy, one might naturally presume that the government would take the diversification of the economy more seriously, but unfortunately, this is not […]
Author: James Ndukwe | Jamesndukwe99@gmail.com Governance is a complex topic that affects politics, economy, and institutions. The indicators with the most significant economic implications include corruption (abuse of public office for private gain), government effectiveness (quality of public policies and services), regulatory quality (ability of the government to formulate and implement business-friendly policies and regulations), […]
Author: Goodness Uchechukwu Okuli | maryannokuli15@gmail.com Africa is replete with a superfluous deposit of natural resources. An estimated 12 percent of global oil reserves; 40 percent of global gold, chromium and platinum reserves; 30 percent of the world’s mineral resources; and 8 percent of all natural gas reserves are found in Africa. Notwithstanding, our continent […]
Author: Yaku Blessing Ebiere | yakublessingebiere20@gmail.com Ngeria ranks ninth globally among countries with the highest contributions to plastic pollution with about 2.5 million tonnes of plastic waste annually. Unfortunately, over 88% of the plastic waste generated in Nigeria is not recycled. Instead, much of it ends up in water bodies – rivers, lakes, drains, lagoons […]
Author: OYENUGA, Olamide Habibat | oyenugaolamide3@gmail.com Despite facing numerous economic challenges, the Nigerian people are involved in a vast number of entrepreneurial ventures, both locally and across the continent . These ventures have contributed significantly to the growth of the nation, both economically and socially. Several socioeconomic analysts and commentators have characterized Nigeria as a […]
“Gross Domestic Product does not account for the health of our children, the quality of their education, or the joy of their play, in short, it measures everything except that which makes life worthwhile.” (Robert F Kesnnedy, 1968). This thought-provoking quote sets the stage, prompting us to question whether GDP truly captures the essence of […]
Photo credit: BBC News Pigin Author: Chiahanam Nwobodo The legendary icon Nelson Mandela delivered his inauguration speech in front of the Union buildings in Pretoria, South Africa, following his election as president in 1994. Throughout his speech, Nelson Mandela outlined his vision for a South Africa in which all people are treated with respect and […]
Photo by Tope A. Asokere: Pexel Author: Christopher Danladi What other way to begin a discourse on ‘Japa’ Syndrome in Nigeria if not by recourse to the trans-Atlantic slave trade when our ancestors were forcibly taken from their homes in their millions to foreign lands; able-bodied men, women, and children alike, our lands left barren, […]
Author: Aduaka Chinweokwu Judith The fluctuating Nigerian exchange rate has persistently posed a significant challenge for many years, perpetually depicting the Nigerian Naira as relatively weak compared to other global currencies. In this essay, the focus is on elucidating the adverse effects of this currency fluctuation on multinational corporations operating in Nigeria. MULTINATIONAL CORPORATIONS IN NIGERIA […]