Author: A. Joshua Adedeji

In the intricate dance of economic development and stability, Nigeria stands at a pivotal juncture, bolstered by the Central Bank of Nigeria’s (CBN) proactive monetary policies. Aimed at rejuvenating the economy, these strategies are meticulously crafted to entice Foreign Direct Investments (FDI) and Foreign Portfolio Investments (FPIs), crucial engines of economic growth and development. This article delves into how CBN’s increased interest rates and other policy maneuvers are sculpting a favorable landscape for investors and what this means for Nigeria’s economic future. Setting the Stage for Growth At the heart of CBN’s policy toolkit is the adjustment of interest rates,…

In a landmark move for Nigerian aviation and the economy at large, Air Peace, Nigeria’s leading indigenous airline, has initiated daily direct flights from Lagos to London. This significant development is not just a win for the travel industry but heralds a new dawn for economic revitalization, presenting an unparalleled opportunity to enhance Nigeria’s standing on the global stage. Bridging Distances, Connecting Economies The inception of these direct flights marks the end of a long-standing gap in Nigeria’s connectivity with the United Kingdom, one of its key trading partners. By eliminating stopovers and reducing travel time, Air Peace is set…

In the heart of Nigeria’s vibrant economic scene, a monumental shift is on the horizon, heralded by the commencement of operations at the Dangote Refinery. With a staggering capacity to refine 650,000 barrels of crude oil daily, this industrial marvel stands not just as a testament to Nigerian ingenuity but as a beacon of hope for an economy striving towards self-sufficiency and global competitiveness. A Dream Realized For decades, Nigeria, despite being Africa’s largest oil producer, has paradoxically grappled with the Achilles’ heel of oil dependency. The irony of importing refined petroleum products while exporting crude oil has not only…

As the discourse around the expansion of BRICS gains momentum, Nigeria’s potential membership offers an intriguing case study. Representing Africa’s largest economy, with a burgeoning population and significant natural resources, Nigeria’s accession could redefine BRICS dynamics. This exploration weighs the prospects, challenges, and opportunities of Nigeria’s potential entry into this influential bloc. Prospects Economic Diversification and Growth: Nigeria, with its vast oil reserves and growing sectors such as technology and entertainment, presents a lucrative opportunity for BRICS nations. Membership could foster economic diversification, reduce dependency on oil, and accelerate growth through enhanced trade relations and investment flows. Strategic Geopolitical Positioning:…

In an era where global dynamics are constantly shifting, the BRICS consortium—comprising Brazil, Russia, India, China, and South Africa—stands out as a beacon of emerging economic power and political influence. This article delves into the intricate tapestry of BRICS, exploring its objectives, challenges, and the significant role it plays on the world stage. By navigating through its complexities, we aim to shed light on why there’s “much ado” about BRICS and its potential to reshape international relations and economic paradigms. The Genesis of BRICS BRICS was founded in 2006, initially as BRIC before the inclusion of South Africa in 2010.…

There’s a constant battle raging for our attention – the information war. Misinformation and disinformation spread like wildfire online, making it difficult to discern truth from fiction. But fear not, there are ways to become a more informed and empowered information consumer. Here are some key strategies to get you started: 1. Become Source-Savvy (Source Credibility, Media Bias): Not all information sources are created equal. Develop a critical eye for where information comes from. Prioritize established news organizations with a reputation for fact-checking and editorial oversight. Utilize tools like “Media Bias/Fact Check: https://mediabiasfactcheck.com/” to understand a source’s potential slant. 2.…

Nigeria’s currency, the Naira, has depreciated further, slipping past the psychologically important threshold of 1,280 Naira to the US dollar at both the official Investors and Exporters (I&E) window and the parallel market. This devaluation adds to the nation’s mounting economic woes and fuels anxieties among citizens. Exchange Rate Pressures Mount The official I&E window, where businesses and authorized individuals conduct transactions, saw the Naira exchange for around 1,281 Naira to the dollar on Tuesday, April 2nd. This represents a slight depreciation from the previous day’s closing rate of 1,278. The black market, a less regulated avenue for currency exchange,…

In a world where financial security feels more like a dream than a reality for many, finding ways to increase your monthly income has never been more critical. The good news is that with a few practical hacks and habits, you can start to see a real difference in your finances. Let’s explore these strategies to help you unlock your true earning potential. Be a Savvy Spender, Not a Spendthrift The line between needs and wants can often blur, leading to impulse purchases that we later regret. To avoid this, adopt the “hour rule”: consider how many hours you would…

Join us as we test our Bible Intelligence Quotient in this episode. You will learn a few things, I promise! Gboyega Adedeji vs Lara Gboyega Adedeji….let the Bible challenge begin! Who wants to be a Biblenaire? This Youtube channel (Bible In Focus (BiF)) is about you, about us and about the Word of God (as captured in the Holy Bible) as a means of being equipped and edified for greater works in our communities. Bible In Focus inspires on #LifeGrowth#LeadershipDevelopment & #NationalTransformation Follow this link to subscribe to Bible In Focus (BiF on Youtube) – https://cordly.ng/i/BIF or https://www.youtube.com/channel/UCQfx… Bible In…

 What is it that makes a leader truly valuable? Let’s dive into this intriguing question. Leadership, as we understand it, isn’t just about sitting in an office, barking orders or wearing a fancy title on your business card. No, it’s far more profound and impactful than that. True leadership is about the value you can add to others, the influence you wield, the change you can inspire. Think about it. You could be the CEO of a multinational corporation. But if you’re not adding value to your team, your customers, your stakeholders, are you really leading or are you just…