Blogs

FORMER US president Donald Trump has started a potentially divisive argument at the launch of his presidential campaign in New Hampshire by declaring that that immigrants are poisoning the blood of the country.

Ayo Akinfe

[1] As we all remember, in 2004, the then finance minister Ngozi Okonjo-Iweala introduced a bank consolidation exercise during which the Central Bank of Nigeria (CBN) increased the minimum capital requirement base of banks to N25bn ($70m) from N5bn. This policy was introduced due to the challenges which plagued the banks including low capital bases, liquidity and poor asset quality. As a result, Nigerian banks were consequently forced to merge

MEMBERS of the Afaraukwu Ibeku community in Umuahia North Local Government Area have expressed disappointment with the recent Supreme Court ruling ordering that Indigenous People of Biafra (Ipob) leader Nnamdi Kanu should remain in detention.

Ayo Akinfe

[1] Sometimes, we fail to appreciate how much leeway and clout Nigeria has. We are the world’s seventh most populous nation, Africa’s largest economy and the fulcrum which holds our continent together

[2] Upon assuming office in 2015, President Buhari enjoyed an unprecedented amount of international goodwill with Nigeria being invited to every capital in the world. However, all this did not translate into foreign direct investment (FDI)

Ayo Akinfe

[1] Nigeria needs to attract at least $50bn in foreign direct investment (FDI) in 2024 to avoid total economic collapse

[2] Where on earth we are going to get it from I do not know and I am surprised that nobody is even talking about it at the moment

[3] Waiting for investors to just come to Nigeria is utopian thinking

[4] We should be the ones aggressively pursuing investors, using our control of the Ecowas market as a unique selling point

PRESIDENT Bola Tinubu has sacked the heads of the five government agencies in Nigeria's aviation sector in a major shake-up aimed at revitalising the industry and enhancing customer service.

Ayo Akinfe

[1] I have been trying to figure out how Nigeria addresses her $100bn annual infrastructure deficit and alas, I can only come up with one solution - Putinomics!

[2] Putinomics is basically what you could term forced local direct investment (FLDI). It involves the president telling Russia’s wealthy citizens, who we know as the oligarchs, that they must invest in the country’s infrastructure

FORMER minister of power and steel Dr Olu Agunloye has been declared wanted by the Economic and Financial Crimes Commission (EFCC) over an alleged case of corruption and forgery while he was in office.

Ayo Akinfe

[1] Nigeria was created by the British as their "African India." A large colony south of the Sahara that was expected to be the jewel in the crown of their African possessions. I believe they owe us big time

AFRICA is short of meeting the United Nations (UN) Sustainable Development Goal (SDG) food security and nutrition targets set for continent to achieve by 2030 according to a recent report by the Food and Agriculture Organisation (FAO).