Economics

Banks: CBN to Boost Domestic Credit

The Central Bank of Nigeria (CBN) is to boost domestic credit by facilitating funds to banks through Development Financial Institutions (DFIs).The Deputy Governor, Banking Operations, CBN, Tunde Lemo, said in Lagos yesterday that it was one of the new moves by the banking watchdog to ensure that banks resume lending to the private sector.

Africa

Nigeria’s Polity and Paradigm Shift

The journey of a thousand miles begins with a step, a step forward or a step backward.   The recent political events in Nigeria calls to question the type of democracy we are perceived to be practicing.Some of us still harbor the illusion that Nigeria is a democracy just because we elect our government. We seem to […]