Of Visions, Plans and Budgets We have seen how not to prepare a budget, so what is the best way to prepare a budget? In managing organizations to deliver a budget, there is a process. The process starts from articulating… Continue Reading
I have a dream that my children will be judged not by their State of Origin but by their scores in WASC examinations I have a dream that my mother in the village will drink clean water from a tap… Continue Reading
I am happy to join with you today in what will go down in history as the greatest demonstration for freedom in the history of our nation. Five score years ago, a great American, in whose symbolic shadow we stand… Continue Reading
Nigeria GDP growth has come from the non oil sector. The Capital Controls policies are suffocating this growth contributing to a recession. Key sectors like Agriculture,Trade and Telecoms need clear pro- growth government policies. Nascent job creating sectors in education… Continue Reading
Commodities report for 2016. Cocoa Down….. Palm oil up…… Exporting to earn Forex today remains a hedge against falling Naira and Inflation. Research, understand the value chain and export markers of a commodity, start small, get into it. Remember you… Continue Reading
Difficult to see any correlation with retail petrol prices in these locations across Nigeria. Forced to conclude these are unsystematic. Credit: Nigerian Bureau of Stastics
Inflation uptick continues…destroying savings…distorting business planning, affecting the Nigerian yield curve. We are hard pressed to find any financial instrument currently on offer in Nigeria that offers a real rate of return. (Credit: National Bureau of Statistics)
The “Trump Dossier” was a “research contract” given to a retired British M16 agent Mr Chris Steele by a Political Action Committee related to Jeb Bush to gather opposition research on Trump during Republican primaries…. When Jeb dropped out,… Continue Reading
Sadly most financial decisions are made based on irrational or insufficient analysis of data thus leading to irrationality. Behavioral Finance combines behavioral and cognitive psychology theory with conventional economics and finance to provide explanations for why people make irrational financial decisions.… Continue Reading
January 9th 2017 “The Chinese government was advised by its economic experts who visited Nigeria for physical assessments (for a proposed $20b loan) to exercise caution, citing the shrinking economy and falling value of the naira. They also alluded to… Continue Reading
