By Lucy Ogalue The African Development Bank (AfDB), has advised African countries, including Nigeria, to ensure that borrowed funds are invested in productive assets capable of generating economic growth and improving living standards. Prof Kevin Urama, AfDB’s Chief Economist/Vice President for the Economic Governance & Knowledge Management, gave the adviceContinue Reading

By Lucy Ogalue An Economic Expert, Prof. Kevin Urama, says Nigeria can unlock substantial resources for development by leveraging pension funds, sovereign wealth assets and other domestic institutional investors. Urama, the African Development Bank (AfDB) Chief Economist and Vice President for the Economic Governance and Knowledge Management, said this inContinue Reading

By Adeola Akinbobola, News Agency of Nigeria (NAN) Recently, policy experts highlighted that Nigeria’s outdated Bilateral Investment Treaties (BIT) fail to serve the country’s current development needs, creating significant legal, fiscal and policy risks. It is worth noting that in the early 1990s, Nigeria entered a series of BITs withContinue Reading

By Lucy Ogalue Free Trade Zones (FTZs) are essential to driving Nigeria’s industrialisation and maximising gains from the African Continental Free Trade Area (AfCFTA). An expert, Dr Chris Ndibe, said this at the launch of his books, “Reimagining Free Trade Zones in Nigeria” and “Accelerating Growing Economies Through Free TradeContinue Reading

By Philip Yatai The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, says the political pathway for President Bola Tinubu’s re-election in 2027 is entirely clear, dismissing opposition parties as “fragmented entities” incapable of forming a formidable coalition. Speaking to reporters after inspection of projects in Abuja onContinue Reading