An African should lead IMF for a good reason
Region: NigeriaWith the demise of the Managing Director of IMF, Dominique Strauss-Kahn who has just resigned his position due to alleged sexual rape, the momentum is gathering for the job opening to be filled. This time around the Bretton Woods institute that has always European and American boss may be willing to widen its scope of its applicants. Emerging nations are asking that the position of managing director to be filled ... more
Views: 1324IMF: THE POLITICS OF CURRENCY DEVALUATION AND AUSTERITY MEASURES
Region: NigeriaThe reclaiming of Nigerian and African dignity The value and worth of a currency is determined by the wealth of a nation. In this era of global capitalism, a wealth of nation goes beyond the conventional valuation based on the natural and human resources. A nation’s image, perception, security and stability also played an important role in the determination of a nation’s wealth. Therefore... more
Views: 1583Is Governor Peter Obi and APGA losing grip of Anambra State?
Region: NigeriaAPGA poor showing on the recent Nigerian elections may be due lack of strategic planning and absence of Dim Ikemba Ojukwu American President John F. Kennedy once said, “Failure is an orphan, but victory has a thousand fathers,” and with the recent concluded elections in Nigeria, this may be applicable to the Governor of Anambra State of whom the center of his political life may be falling apart... more
Views: 1384NIGERIA: IMF comes with depressing forecast of lower productivity and higher inflation
Region: Nigeriahttp://afripol.org There is no doubt about this assertion; International Monetary Fund (IMF) is adamant and committed about being an important entity on Nigerian economic and financial scene. IMF the self-appointed chief financial adviser to Nigeria has made its annual econometric forecast on country’s economy. IMF the bearer of the depressing news is predicting that Nigerian economy will slow down from its abov... more
Views: 1424The Waning of Monetary Policy as tool to control rising Inflation
Region: NigeriaNigeria’s Inflation rate increased from 11.1 percent to 12.8 percent The inflationary pressure is escalating and at 12.8 percent inflation rate recorded at the ending of first quarter of 2011 is not showing any sign of coming down. According to the data coming from the National Bureau of Statistics (NBS) the February inflation rate stood at 11.1 percent and since then has increased to 12.... more
Views: 1275Nigeria : Is there any hope for the poorest of the poor?
Region: NigeriaNigeria : Is there any hope for the poorest of the poor? By Nwaorgu Faustinus Nations, societies and countries in the time past have initiated one pogramme or policy to cushion the challenges being faced among the poorest of the poor in our societies. However, these plans have not assuaged the ever teething aspiration and need of theirs as the impact of poverty is being felt amongst the ordinary man i... more
Views: 1470Lady Gaga: Act of marketing and power of creative reinvention
Region: NigeriaLady Gaga as a case study in the act of creative reinvention for emerging business leaders and economies. http://afripol.org/ Quite easy will it be to simply write-off those in entertainment industry, when discussing the act of reinvention as a tool to bolster enterprise and marketing in the rough, tough and tumbling world of business. When one mentions Lady Gaga, the popular pop singer as a case stu... more
Views: 1614Forbes Billionaires: Dangote and Adenuga as symbols of Nigeria’s growing economy
Region: NigeriaThe two giant Nigerian business executives Aliko Dangote and Mike Adenuga making the powerful list of Forbes 2011 Billionaires of the richest people in the world is an omen of deepening Nigerian capitalistic economy. Nigerian economy is making an impressive growth that it can produce two-ranked of the richest business executives in the world. Aliko Dangote, the Group President/CEO of Dangote Group ranked as the riches... more
Views: 1838Dangote is the richest Nigerian with net worth $13.8 billion - Forbes
Region: NigeriaFourteen Africans made Forbes billionaires ranking list - 2 Nigerians, 8 Egyptians and 4 South Africans Forbes yearly billionaires list has ranked Aliko Dangote, the Group President/CEO of Dangote as the richest Nigerian and African with a net fortune quantified at $13.8 billion. He moved from previous ranking in the world from 436 to 51 in 2011 and that is a meteoric rise. Together with Alhaji Aliko Dangote and othe... more
Views: 1384Egyptian liberation: The triumph of human will and dignity
Region: NigeriaHosni Mubarak 82, resigned and Power transferred to Egyptian military Switzerland frozen the Swiss bank account and assets of Hosni Mubarak The victory and accolades belong to the people of Egypt - youths, young and the old did not rest nor sleep until Hosni Mubarak, the 30 years Egyptian dictator bowed down from power. The streets and air of Cairo and Egypt have been filled with euphoria, ecstatic ... more
Views: 1476
