2013 Inflation Outlook
I would ordinarily step back from any opportunity to wager. Thus, I never cease to wonder at the celerity with which my football-loving friends put their nairas where their mouths[…]
Author: Ifeanyi Uddin
To What And How Does Today’s MPC Meeting Respond?
Today, two developments (both of them much trailed) will occur. More precisely, one of these events commences, while the other will be announced. First (and this is not in any[…]
Is The Economy As Well As The Plaudits It Is Receiving Suggest?
Reading through Standard & Poor’s recent justification for its decision to raise the economy’s foreign- and local-currency sovereign credit ratings, I could not help but wonder whether the policy choices[…]
Between Corruption and Efficiency
Exasperated, we (Nigerians) are wont to describe “corrupt practices” as the only “industry” that thrives in the country. Ignored by official bean counters, anecdotal evidence of corruption abounds. An effete[…]
Obtaining a Handle on the Domestic Economy
The Sallah holiday weekend was usual in many ways. Electricity supply was epileptic. The fuel scarcity has held out long enough for an ecosystem to evolve on its back. Long[…]
Spending Our Way into a New Bind
“The more things change, the more they stay the same”. Thus, Jean-Baptiste Alphonse Karr, commenting several years ago on the infinite capacity of our species to generate motion that leads[…]
How Come I Missed the President’s Budget 2013 Speech
It was about 10.00am Wednesday last week that a friend reminded me that Mr. President was before a joint session of the National Assembly outlining his administration’s tax and spending[…]
The Market and Fuel Scarcity
Over the last two weeks I have bought fuel (in different parts of Lagos) for N105/litre. Two features distinguish the outlets which sold to me from the others: the relative[…]
Managing Monetary Policy in Trying Times
Arguably, one of the more Augean challenges confronting financial services regulation in the country today, is the ongoing transition in industry practice from bread-and-butter intermediation to what is now commonly[…]
CBN’s Sept. MPC meeting and Nigeria’s policy direction
What are we to expect of today’s (it should continue into tomorrow) meeting of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC)? The economy may not have gotten[…]