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VAIDS: Redefining the Nigerian Social Contract

The Social Contract Based on the theory of social contract, the government and the governed are bound by an unwritten rule, where the governed provide resources to the government, with …
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Nigeria’s 2017 GDP: Fragile Economic Recovery

Why the Euphoria? The positive press that greeted Nigeria’s 2017 GDP numbers from the Nigerian Bureau of Statistics (NBS) – reflecting the country’s exit from a recession – seems to …
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Investors Guide to Nigeria’s 2018/2019 Political Season

A 101 on Nigeria”s Political Season The release of the timetable for the general elections by the Independent National Electoral Commission (INEC) usually signals the commencement of Nigeria”s political and …
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The Nigerian Insurance Industry: Will it cross the crossroads?

Half Full or Half Empty?  The recent surge of foreign direct investment (FDI) in the Nigerian insurance market by some of the reputable global names in insurance has led sceptics …
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Top 5 Banks Account for 47% of Impaired Credits

The performance of the Nigerian banking industry is largely dependent on the macroeconomic environment, particularly the performance of the top five banks which account for 57% of the Industry’s total …
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Tomatonomics – Examining Nigeria’s La Tomatina Prospects

Is a La Tomatina Festival possible in Nigeria? Whilst the town of Bunol in Spain can boast of hosting the La Tomatina food fight festival annually in August, where more …
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Tourism- Nigeria’s untapped goldmine

The hidden cash cow The drop in global oil prices over the past few years has exposed the vulnerabilities of Nigeria’s dependence on crude oil revenues. Although, much emphasis has …
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Resource Nationalism, no grip on Extraction: good choice too soon?

Resource Nationalism, no grip on Extraction: good choice too soon? It began in Mexico about eight decades ago when President Lazaro Cardenas on March 18, 1938 nationalized the country’s oil …
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