Beloved people of Akama Ogwugwu Ebenebe I want to use this opportunity to reiterate that this occasion is not just a time to enjoy the blessings and bountiful harvest of Iwaji/ Highmas, but also a chance to reflect on our unity, strength, and the blessings that have been bestowed upon us by the Almighty GOD ..read more

Onyeka Onwenu, popularly called the Elegant Stallion, will forever be remembered in the Nigerian music and entertainment industry for her melodious voice and profound lyrics. Born on May 31, 1952, in Arondizuogu, Imo State, Onyeka’s journey to becoming an international music icon is inspiring. Her music career began in the 80s when the Nigerian music ..read more

President Hakainde Hichilema, in a move to address the government’s strategic focus on PPPs as a crucial tool for carrying out privately financed infrastructure projects and efficiently providing social services, met with the Public Private Partnership (PPP) Council. Two successful PPP initiatives were mentioned, the ongoing Lusaka-Ndola Road project and the recently finished Chingola-Kasumbalesa Road. The President stressed how crucial it is that the PPP Council gives top priority to completing projects under their supervision as quickly as possible and starting projects of a similar nature ..read more

Reno Omokri and Dele Momodu, two prominent members of the Peoples Democratic Party (PDP), have argued over Omokri’s endorsement of President Bola Tinubu’s All Progressives Congress (APC) administration. Momodu had bemoaned in an open letter to President Tinubu the suffering that Nigerians were going through as a result of the economic policies of his administration. “Nigeria faces grave challenges.” Our economy has all but crashed. And how can one escape? You’ve been squandering too much cash during a period when complete frugal living is necessary. Please put an end to this careless tendenc ..read more

Speaking at an X-Space engagement with the Kenyan people, Kenyan President William Ruto told Newsmen that he yielded to the 2024 Finance Bill’s withdrawal because the people insisted they did not want it. He stated that the 2024 Finance Bill became marred by propaganda and falsehood but denied that there was a section on the bill about increasing land rates and rents. “Let me tell you, there is no single sentence in the Finance Bill that speaks to land, rents, and land issues,” he said. He also opposed the submission that tax rates were making it difficult for cancer patients. The President ..read more

Reading is a great way to gain insights and perspectives that can help you become a better and more successful person. Here are three books across different genres that can be quite impactful: 1. “Mindset: The New Psychology of Success” by Carol S. Dweck: This book explores the concept of mindset and how it can influence our success. Dweck introduces the idea of a “fixed” mindset versus a “growth” mindset, highlighting how believing in your ability to grow and improve can lead to greater success in various aspects of life. 2. “How to Win Friends and Influence People” by Dale Carnegie: This ..read more

Martins Azuwike In a move to combat the country’s soaring inflation, Nigeria’s Central Bank (CBN) has increased the nominal risk-free rate by 400bps. The Monetary Policy Committee after its 2-day meeting decided to increase the Monetary Policy Rate (MPR) to 22.75% from 18.75%.  Experts at Comercio Partners say the MPC, which has kept the MPR at 18.75% since July 2023 continues to maintain its hawkish stance, refusing to put an ease to the money circulating the Nigerian economy. “The CBN, just like most apex banks in the developed economies has continue ..read more

Martins Azuwike To contribute to efforts at reducing current economic hardships in Nigeria, the Centre for the Promotion of Private Enterprise (CPPE)  has endorsed  the decision of the Central Bank of Nigeria (CBN) to approve the use of the exchange rate reflected on the import documentation (Form M) at the onset of import transaction. The Centre describes the move by the apex bank as a laudable response to the grievances of investors in the economy, adding that it  would reduce the current uncertainty around imports and relate ..read more

By Martins Azuwike The Centre for the Promotion of Private Enterprise (CPPE) has reviewed the outcome of the Monetary Policy Committee (MPC’s) meeting of 27th February 2024 and came up with a stern conclusion that it would hurt the real sector of the economy which is already contending with numerous macroeconomic challenges. Economist and CPPE’s Chief Executive Officer, Dr Muda Yusuf says in response to the outcome of the MPC’s decisions: “The increase of Monetary Policy Rate (MPR) from 18.75% to 22.5%; and cash Reserve Ratio (CRR) from 32.5% to 45% po ..read more

According to World Population Review, here are the Top10 African countries with the lowest population in 2024: Seychelles – Population: 108,263 – Global Rank: 197th Seychelles takes the top spot for the African country with the lowest population. Despite its small size, Seychelles is known for its stunning beaches, vibrant coral reefs, and unique biodiversity. The limited population allows for a close-knit community, but it also poses economic challenges, emphasizing the importance of sectors such as tourism and fisheries. Sao Tome and Principe – Population: 235,137 – Global Rank: 187th Situ ..read more