Economy/Business

Former CBN Deputy Governor Prof. Kingsley Moghalu will address African legislative leaders on securing the continent’s economic future, focusing on overcoming structural vulnerabilities and advancing industrialization through targeted legislation. His keynote underscores that Africa’s economic sovereignty hinges on proactive parliamentary diplomacy and robust legislative frameworks to navigate global transformations. This highlights a critical shift: empowering legislatures is not just a governance formality but a strategic imperative for driving tangible economic transformation and reducing external dependencies. The conference itself represents a pivotal move towards a unified, self

A prominent Nigerian religious institution has issued a direct, multi-faceted critique of the federal government, arguing that current economic policies are exacerbating poverty and must be redesigned with a “human face” to alleviate widespread suffering. It specifically calls for a strategic shift away from heavy external borrowing toward more effective domestic fiscal policies. The communiqué further identifies systemic corruption as a foundational national crisis that has eroded societal values and demands urgent, concrete action against offenders. This appeal is framed within broader concerns over severe insecurity and

Hanoi is implementing a tiered financial incentive program to accelerate the adoption of electric motorbikes, targeting a broad transition from gasoline vehicles. The proposal uniquely tailors subsidies based on income, offering up to 100% coverage for low-income households to ensure equitable access. This strategy not only promotes environmental goals but also addresses economic inclusivity within its urban mobility plan. The initiative represents a pragmatic model for cities seeking to combine emission reduction with social equity in their transportation policies.

A Niger Delta MSME initiative awarded strategic grants to three young entrepreneurs, demonstrating a targeted model for regional economic development that pairs financial support with a philosophy of wealth as social impact. The program’s success is evidenced by its scale, having distributed over 650 grants and catalyzed an estimated 20,000 jobs, directly linking entrepreneurship to crime reduction and social stability. Key insights emphasize that modern survival and growth depend on leveraging technology and creating order from chaos, a call for intentional innovation. Ultimately, this public