It’s been just over one week since the Central Bank of Nigeria announced what it referred to as “operational changes to the foreign exchange market”, which saw to the abolishment of segmentation, with all segments collapsed into the Investors and Exporters (I&E) window. Between June 15th when the change of policy, which was designed to…
There is a whole lot of confusion around/about Petrol Subsidy. That has always been so. Perhaps to do with the nature of oil and trade in the product. The Oil industry, especially in Nigeria, comes across as one sworn to a frustrating level of opacity. That is even more so on issues to do with…
By Simbo Olorunfemi “It always seems impossible until it’s done” – Nelson Mandela By all standards, the commissioning of the Dangote refinery and petrochemical project after almost 10 years since the dream was conceived is a phenomenal statement on the fact that nothing is impossible if we will draw to dream, set our minds to…
“We act in these matters in the right, as a matter of high principle. We act out of the integrity and conviction of our most deep-founded beliefs. If we permit ourselves to be tempted by narrow self-interest and vain ambition, if we barter our beliefs for short-term advantage, who will listen when we claim to…
Nothing? That is no news. You are definitely not alone in thinking so. A couple of weeks back, under the auspices of our Africa Enterprise, we organised the Enterprise Development Talk with the same theme – What do you have in your hands? I didn’t get to speak, but it definitely took me down memory…
Uyo. Akwa Ibom. Slightly over a month ago. It was the last of our four days in Akwa Ibom. It was a Sunday. Departure flight was for early evening. Decided on a walk around what I had, on previous visits, thought to be an expansive greenery around Meridien (now known as Ibom Icon). I always…
Everything in the 51 years of Ade Adefeko’s life would appear to have come together to prepare him for where he is today and the man he is has become – a quintessential bridge-builder in whom people, nations and businesses have found a point of convergence. “I am a man of many parts. I am…
With the discovery of the Greater Tortue Ahmeyim (GTA) gas field in 2015 and the latest developments regarding the BirAllah field, Mauritania has become an increasingly attractive destination for investment. In addition to hydrocarbon supply benefits, the country is set to see numerous economic opportunities made possible through oil and gas monetization, all of which…
In the last few years, the world has begun a more definitive transition from the place of cynicism and misunderstanding about the issue of Climate Change to that of warmer realisation, if not wholesome acceptance, of the reality of the phenomenon as a significant threat. But then, even in the face of a whittling down…
I like Mr Peter Obi. Trust me, I do. I first got to know about him way back in the 90’s, while he was still in the UK, I think, courtesy of the early editions of Ovation, before the magazine morphed into what people now know it as. Already wealthy then, his simplicity and outlook…
