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The current second round distress in the Nigerian financial system within two decades is capable of causing a total systemic collapse of the entire Nigerian financial system (which includes the organs of the capital market). The approach of this article is not to look at AMCON alone as an...
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It is a good thing Nigeria is instituting a cashless policy, but the dictatorial force by which the regulatory body- Central Bank of Nigeria, is pushing the implementation of the policy down the throat of the citizenry without obtaining their consent and imposing punitive measures to compel...
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The contributions of small and medium scale enterprises to the economic sector of any nation cannot be ignored by any means. In most countries, small and medium scale enterprises contribute significantly to the Gross Domestic Product (GDP) of the economy. The industry constitutes an average of...
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The Cashless Nigeria Project initiated under the Lamido Sanusi reform as governor of Central Bank of Nigeria since 2010 has been a trial and error experiment in futility and an economic drain pipe of national resources that has not yielded any notable result. Several revised versions of the...
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The nation Nigeria, was one of the 50 richest countries in the world in the early 1970s, but has retrogressed to become one of the 25 poorest countries at threshold of the twenty first century. It is ironic that Nigeria is the sixth largest exporter of oil and at the same time harbors the third...
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Nigeria State has been an entity from inception that is endowed with multitudes of economic and growth provoking physical and natural resources with which she could have raised her head above any micro or macro-economic storms. But this nation as blessed as she is has never been seen to have...
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Electronic Banking has made tremendous improvement on the payment function of the Nigerian Financial system on the one hand and on the intermediation function on the other. While the two functions are complementary in delivering efficient banking services, electronic banking has also aided a...
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