Hash Economy


by William Ukpeon May 27, 2020
It is no longer breaking news that Nigeria will need to aggressively diversify her economy or die. With Oil price below $35 and the entire market at the mercy of global demand, It will be catastrophic for Nigeria’s economy to be heavily exposed to the crude oil markets during and after the pandemic. There are […]

“Associating Money With Wealth Is Nonsense”

by Seun Adeuyion May 25, 2020
Globally, people are regarded wealthy due the money influence they possess. But, Maxi Gburugburu, has kicked against it saying, associating money with wealth is nonsense. This, he stated in a thread shared via his Twitter handle, @Maxigburugburu1, on Sunday. See thread below:

#GovernancePuzzles: Nigerians Weigh In On How To Choose The Beneficiaries Of #COVID19 Relief Funds

by Chuks Azotanion April 24, 2020
In Today’s #GovernancePuzzles with The Country Director for Development Alternatives, Inc. (DAI), Dr. Joe Abah, Nigerians have suggested ways the Federal Government can really identify the most vulnerable during the COVID-19 pandemic. Dr. Joe Abah stated that 65% of the economy is in the informal sector and majority are undocumented. As a result of the […]

#COVID19: How Did The Govt Select The Vulnerable Nigerians Who Received The Alleged N20K Palliative Packages?

by Chuks Azotanion April 20, 2020
The Federal Government announced to have distributed N20,000 to over 2.6million Nigerians, but eyebrows have been raised as there is no clear statement on how the vulnerable Nigerians who received the alleged N20,000 Covid-19 Palliative packages were selected. One of our sources has revealed some findings after taking a long drive around five remote villages […]

#COVID19: Skeletal Operations In The Financial System And Money Markets To Continue – CBN

by Chuks Azotanion March 30, 2020
The Central Bank of Nigeria has released a statement to assure the general public and all affected stakeholders that very skeletal operations in the Financial System and Money Markets will continue after obtaining permission from the president in light of his recent lockdown directives. The statement read: NOTICE TO AFFECTED STAKEHOLDERS AND GENERAL PUBLIC REGARDINGCOVID-19 […]

COVID-19: CBN To Create 50 Billion Naira Credit Facility To Boost Economy

by Jacinta Iroroon March 17, 2020
The Central Bank of Nigeria (CBN) in furtherance to it’s financial system stability mandate, announced a provision of 50-billion-naira credit facility to cushion the adverse effect of covid-19 on the economy. Governor of CBN, Mr Godwin Emefiele, made this announcement on Monday, during a press briefing, while presenting the bank’s policy measures to tackle the […]