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Economic

UN chief joins Imo guber, vows to tackle insecurity, boost economy

National Defense Adviser to the United Nations, Major General Lincoln Ogunewe (rtd) has officially declared for the Imo State governorship election scheduled for November 11, 2023, on the platform of the Labour Party (LP). He also launched his campaign strategy, tagged, ‘Reset Imo,’ which, he said, would, among other things, complement the victory of Peter […]

Economic

New factors influencing Nigeria’s residential real estate market

Following persisting unfavorable policies and liquidity crisis affecting the economy, the heat on the nation’s real estate is intensifying, especially in the residential market. Despite increased demand for residential property, there’s still a shortage of available homes, making some properties popular and competitive for interested buyers. As the overall economy struggles, mortgage rates and the […]

Economic

Markets, anti-competition practices and inflation

For some time now, I have observed with dismay the role of market operators, in the context of anti-competitive practices, in manipulating the markets to hike prices of goods and services to exploitative levels thereby worsening inflation in the Nigerian economy. Policymakers seem to be helpless while consumers groan in pain due to the negative […]

Politics

I didn’t say Peter Odili was my classmate – Obi

The presidential candidate of the Labour Party, LP, Peter Obi has denied saying that the former governor of Rivers state, Peter Odili was his classmate in high school. Obi had during a project commissioning event organised by Nyesom Wike in Rivers opined that, “Peter Odili was my senior at (CKC); we played football together. If […]

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