MaTaZ ArIsInG Nigeria has officially floated its naira currency after years of sticking with a hard peg that spooked investors and drained dollars from the economy. The development means buyers and sellers of foreign currency in the official FX market are now allowed to quote rates they find comfortable in the FX market, as against […] Read more
MaTaZ ArIsInG No fewer than 2,167 repentant insurgents have graduated from the Operation Safe Corridor’s (OPSC) Deradicalisation, Rehabilitation and Reintegration (DRR) programme, organised by the Federal Government, an official has said. Mr Audu Ayuba, the Assistant Director of Planning, Research and Strategy, National Orientation Agency (NOA), disclosed this on Friday at a capacity-building workshop for […] Read more
MaTaZ ArIsInG Nigeria’s borrowing from the World Bank has risen by 121.46 per cent under the regime of the President, Major General Muhammadu Buhari (retd.), findings by The PUNCH have shown. The PUNCH learnt that the total debt owed to the World Bank Group by Nigeria rose by $7.64bn (N3.52tn, using the exchange rate of the Central Bank […] Read more
Ben Osawe MaTaZ ArIsInG When Democracy does not Deliver Development: Nigeria’s Paradox of high voter populations and high Multidimensional Poverty. MaTaZ ArIsInG CLICK ON THE FLYER BELOW FOR YOUR PROPERTIES IN TEXAS LATEST POSTS SUBSCRIBE TO OUR NEWSLETTER NOW TEXT AD: To advertise here – Email ad@matazarising.com Support MATAZ ARISING’ journalism of integrity and credibility […] Read more
MaTaZ ArIsInG and Godwin Isenyo, Tunde Ajaja, Nike Popoola Kindly share this story: …ordered to share daily vault balances with CBN Days after the Central Bank of Nigeria announced the redesign of the N1,000, N500 and N200 notes, with a directive that the current notes be remitted to the commercial banks, wealthy individuals and organisations […] Read more
By Sam Amadi There is nothing better than due process and the rule of law for the stability of society. They are better than charism and even spartan lifestyle. Buhari’s administration is now officially the most corrupt in the history of modern Nigeria. This is the administration of a man who built all his reputation […] Read more
By Economic Confidential The World Bank’s Country Director for Nigeria, Shubham Chaudhuri says the country’s per capita income is at the same level as 1981. Speaking on Monday during a panel session at the 27th Nigerian Economic Summit (NES#27), he said the country needs to make strategic decisions to set it on the path to realising […] Read more
by Rssel Okung NFL star and Nigerian descendant Russell Okung asks the Nigerian government to adopt a Bitcoin standard or risk falling behind.BY RUSSELL OKUNG , JUN 12, 2021 Greetings President Muhammadu Buhari, The hope of Nigeria lies within this generation. I am proudly a Nigerian descendant living in America and am a proponent of Bitcoin. I write […] Read more
It is not news that most of the northern states are economically subservient to their southern counterparts, which some would describe as Parasitical. This should not be, because the north has more than enough to grow their own economy when, not if the country is restructured for self determination by the regions of the country. […] Read more
Refining Nigeria’s crude oil By Tunji Light Ariyomo (13 May 2016) 1. Over the past several years, there have been only two choices on the table: i. To keep subsidy, ii. To remove subsidy. 2. Removal of subsidy is the correct choice once only these two constitute the options. This is because Nigeria has no […] Read more
