Economy

South Africa Confronts Economic Recession

After a decade of economic stagnation, South Africa’s President Cyril Ramaphosa’s effort to revive the bastardly economy is now being programmed to better the recession. Reuters reports from South Africa indicated a 7 percent decline in the agricultural, transport and retail sectors of the economy. According to Mr. Johnson Chukwu, the CEO of Cowry Asset …

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The Role Of Medium And Small Scale Entrepreneur In A Developing Economy

The topic: The Role Of Medium And Small Scale Entrepreneur In A Developing Economy is very evergreen particularly now that our economy is let to apply this topic to the Nigerian situation. Entrepreneur is a word invented by Jean-Baptist Say in the year 1800. Jean-Baptist Say way a French economist. He described an entrepreneur as …

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Ex-Nigerian Finance Minister Ngozi Okonjo-Iweala Questioned Over Missing Fund

At the Governors’ Forum in Nigeria this week, leaders of the country’s 36 states formally asked Ex-Finance Minister Ngozi Okonjo-Iweala to account for the $20 billion reported earned from sale of the country’s crude oil but missing from its national treasury. This request of the finance minister comes just days after former Central Bank Governor …

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Nigeria’s Economic Woes and Way Forward

Welcome to News Stand Landmark Africa and readers celebrate the birth of this fascinating magazine, the maiden editorial is based on Nigeria’s Economic Woes and Way Forward. The economic imbalance in Nigeria is biset with artificial barrier and this problem could be resolved if the APC led Federal Government will yearn to suggestion, this magazine …

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SMEs Are The Bedrock Of Nations’ Economy

It may be a culture or inherited beliefs but the greatest thing to happen in a civilized country is focusing attention on the development of Small Scale Enterprises. Nigeria is facing an herculean task of inhibiting the promotion of medium enterprises, which is dated back to Babangida ere of Betterlife for Rural Drivellers established by …

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The African Union’s Coercive Diplomacy in Burundi

Suspected fighters are paraded before Burundian media near a cache of recovered weapons. Bujumbura, Burundi, December 12,  2015. (Jean Pierre Harerimana/ Reuters/ Corbis). The African union Peace and  security Council (PSC) broke new ground yesterday by adopting a communiqué that threatened to a launch a 5,000 strong force to protect civilians in Burundi. The communiqué gave …

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Diamond Bank Supports Budding Entrepreneurs

Despite the harsh business operating environment, Diamond Bank has reignited confidence in the Nigerian economy with the resolve to continually support its development using the micro, Small and Medium Enterprises for sustainable economic growth. In a practical demonstration of this, the bank in its Building Entrepreneurs Today (BET) initiative, gave N15 million grant to five …

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