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Nigerian banks increase salaries: inflation and cost of living crisis

Some Nigerian banks, WEMA bank and recently UBA, have improved on their staff welfare by giving a pay raise. Wema gave its staff a 45% increase; this is commendable amid a rising inflation (>22%) and severe hardships in the country. Others who appear to have toed this path include GTCO, UBN and ZENITH. ACCESS Holding […]

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The very Consequential Presidency of Bola Tinubu

President-elect Bola Ahmed Tinubu would be entering the presidency at a time of great crisis. The question is, could Tinubu become Nigeria’s most consequential president? Nigerian presidential system is modelled after the US system and the consequential presidents in US history were those who led through challenging times. For example, President Franklin Delano Roosevelt (FDR)led

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Shortage and Scarcity of Naira: Nigeria’s currency conundrum

The Central Bank of Nigeria (CBN) sudden decision to replace Nigeria’s paper money, the Naira, with new differently coloured notes has created a severe shortage and scarcity of Naira. This hastily announced and poorly executed policy has left hundreds of millions of citizens unable to pay for commodities and services and causing difficulties to businesses

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