Category: Economy


  • The cost of registering new products with NAFDAC has been slashed by 75%. This welcome piece of info was contained in a press release by the office of Vice President Yemi Osinbajo. The previously high cost of NAFDAC registration for food products is known to have discouraged many entrepreneurs who couldn’t pay hundreds of thousands…

  • Bloomberg has reported that Nigeria’s economy has overtaken that of South Africa. That’s good news from Nigeria’s perspective. But if you compare Nigeria’s current economy to that of Rwanda, you will find large sad gaps. 1. Insecurity Of Life And Property Nigeria’s economy is plagued by insecurity. Violence has forced farmers out of their farms;…

  • The clearest way to get people to pay more taxes is to show works. Government should double up on accountability, and transparency to multiply compliance. More taxes must mean more development. Nigerians want to see more affordable medicines for sick people. As it is, many Nigerians pray never to fall sick, because the extra money…

  • The Lagos State Government wants to ban okada and keke. This is because a lot of them drive carelessly, causing accidents. Attempts to get them to drive more carefully has been largely ignored by many okada and keke drivers. But banning okada and keke without providing alternative means of livelihood is not advisable. An okada…

  • According to data sourced and computed by Startup Blink, Lagos has been ranked number 1 in Africa as the best Start up city.