@AfricaFirsts The bank was founded in the 1940s and changed its name to UBA in 1961; Tony Elumelu only initiated a merger in 2005, with the bank he founded (Standard Trust Bank) ..
@MasterBolaji While it is a welcome development to deregulate that segment of the market, FCCPC has issued a disclaimer recusing itself from any involvement in the new direction as reported in the media. Perhaps the information should be clarified ..
@thecableng Sure, it's a regime change and there would necessarily be unstable adjustments in prices before settling at an equilibrium that reflects broader market conditions ..
@NGRPresident Challenges still persist, but posterity will note that you took bold and hard decisions to re-establish our country on the path to sustainable medium to long-term growth ✅️
@swiftcommunity The new digital rail is definitely a game changer, and repositions SWIFT in the emergng global financial architecture. Have ~50 global financial institutions already subscribed is an affirmation in itself ..
@DavidHundeyin yet it is a highly (goods) productive economy because it produces a significant portion of (especially) consumer goods. Nigeria doesn't 🇳🇬 View it from that lens #notholdingbrief#justmythots
@DavidHundeyin I think this is a flawed perspective; moving from 'consumption to production' does not necessarily imply a break-off from international trade ! The largest economy in the world has recorded annual trade deficits since the 1970s (almost $1 in 2025), ...