Quilox Club boss, Sina Peller may be stinkingly rich, but with his entertainment empire affected by the necessary lockdown of businesses, he shares the hard times millions of Nigerians are currently facing. Reflecting on the hard month of April that was filled with lockdowns of to reduce coronavirus, he expressed the hope that May will… Continue reading Covid-19: Sina Peller Wishes Month Of May Will Be Better Than April
With ‘hungervirus’ threatening to kill people like coronavirus, Vice President Yemi Osinbajo has come out on video to reveal that he and Buhari are thinking of ways to help daily wage workers that are now forced to stay at home in states that have been locked down. Watch video below. (Sir, seriously consider helping people… Continue reading Lockdown: Buhari Planning Help For Daily Wage Workers – Osinbajo
I just saw this poster below about the lockdown versus the economy. It appears lockdowns save lives but affect livelihoods, while not observing lockdowns in pandemic situations does the opposite. I guess the solution is to find a balance somewhere in between. For instance, if you lockdown, make sure the people have access to relief… Continue reading Lockdown Versus The Economy (Photo)
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;… Continue reading 4 Reasons Why Nigerians Shouldn’t Celebrate Yet As Its Economy Overtakes South Africa’s
A little-noticed decision by policy makers late last year to change the way they value government bond holdings transformed the central bank’s balance sheet overnight, turning what had been a net worth of negative $2 billion into positive $33 billion. I know economists and policy makers will be interested in learning how Argentina did this.