All Posts by Anosike Goodluck Chibunna

Various New Year celebrations across Africa. Photo credit - Legit.ng

African New Year Traditions and Their Economic Significance

Introduction African New Year traditions are a vibrant tapestry of cultural practices that reflect the continent’s diversity, history, and resilience. These celebrations, rooted in ancient beliefs and agricultural cycles, have evolved over time, blending tradition with modernity. Beyond their cultural value, they play an important role in stimulating economic activities

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Some of the panelists who attended the Milken Institute Middle East and Africa Summit 2024. Photo credit - The Author

Global Cities in a New Light: Insights from the Milken Institute Middle East and Africa Summit 2024

Introduction The Milken Institute Middle East and Africa Summit 2024, held on December 5-6, brought together a remarkable group of leaders, policymakers, and innovators to explore pressing global challenges and new opportunities. One of the standout sessions, “Global Cities in a New Light,” offered fresh perspectives on how urban centers

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Fuel scarcity in Nigeria

The Impact of Fuel Scarcity on Nigeria’s Economy: An Investment Banker’s Perspective

Introduction Although initially introduced in the 1970s, fuel subsidy became official in 1977 under the Price Control Act to keep essential goods, including petrol, within controlled limits. Intended to make fuel accessible, the policy has been marred by corruption and mismanagement, which has limited its benefits. As a result, Nigeria

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Renewable Energy

Innovative Financing Models for Renewable Energy Projects in Africa: Paving the Way Forward for Nigeria

Introduction The world is at a critical juncture in addressing the challenges of climate change and ensuring a sustainable energy future. As the effects of global warming become increasingly apparent, there is a growing urgency to transition to renewable energy sources. Africa, with its abundant renewable energy potential, is positioned

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Positioning Nigeria to embrace more Foreign Direct Investment while maintaining the Principle of Sustainable Financing

Introduction Nigeria is often identified as the giant of Africa as a result of its massive potential and Natural resources, it is also known for its vast population and it is located in one of the strategic places in West Africa which makes it a very good destination for investment,

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Fiscal Monetary

Fiscal and Monetary Policies for Economic Growth in Nigeria

Introduction Nigeria as one of the largest economic countries in Africa is facing a lot of obstacles in achieving sustainable economic growth and development. In this pursuit, it is crucial for the government to effectively employ the synergy between fiscal and monetary policies. Fiscal policy refers to the government’s use

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Financial plan

Strategies for a Successful Financial Plan

Introduction In today’s dynamic and uncertain world, financial planning has become crucial for individuals and families seeking long-term financial prosperity and security. Effective financial planning enables individuals to set objectives, plan to spend, save for emergencies, and invest adequately, helping them accomplish their short-term goals and ensure a wealthy and secure

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Climate Financing

CLIMATE FINANCING: WHAT WORKS FOR NIGERIA

INTRODUCTION The UNFCCC (United Nations Framework Convention on Climate Change) 2015 in Paris agreed to open a new framework in Climate Change conversation which was termed Climate Finance, Policies, and Markets. Climate finance is the planning, sourcing, acquiring, and utilizing of monetary resources to reduce emissions and enhance sink gases.

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