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Domiciliary Accounts And Why Nigeria Cannot Easily Convert Your USD to Naira
Three friends visit a bank with each having $1,000 in USD dollars. They deposit the funds in their respective USD domiciliary accounts in Nigeria....
How AI Threatens and Empowers Our Jobs
Throughout history, humanity has witnessed the relentless march of technological progress, from the rudimentary tools of the Stone Age to the sophisticated algorithms of...
The Near Impossibility of Nigeria’s Central Bank Converting USD to Naira in Dorm Accounts
The big rumour: “There are strong indications that the Federal Government is mulling a policy that will result in the conversion of foreign currencies...
Beyond Reflective Electricity Tariffs, Nigeria MUST Still Subsidize Electricity for Industrial Customers
Question: “Nigeria’s Minister of Power, Adebayo Adelabu, has expressed concerns over the poor electricity supply situation in the country caused by a plethora of...
Why China Is Winning The World via Global Logistics Subsidy
I have posited that Africa cannot effectively copy China’s industrialization policy for many reasons. You can read that piece in Harvard here. Many things...