Economy

Never Underestimate Quite Strength: Stoic. Strategic. Steadfast- By Prof. Chukwuemeka Ifegwu Eke

Never Underestimate Quite Strength: Stoic. Strategic. Steadfast- By Prof. Chukwuemeka Ifegwu Eke

Never Underestimate Quiet Strength: Stoic. Strategic. Steadfast History, it is said, is the greatest witness of character. When the chronicles of Abia State are written, Governor Alex Otti will not appear as one who inherited comfort but as a man who built his destiny from the debris of doubt. Time and again, his story has followed a single pattern—dismissed early, doubted mid-race, and triumphant at the finish line. Otti’s political journey began not from the corridors of privilege but from the hard pavements of conviction. When he first contested for governor in 2015 under the All Progressives Grand Alliance (APGA),…
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EFCC Recovered Over N500 Billion, Secured 7,000 Convictions In Two Years – Tinubu

EFCC Recovered Over N500 Billion, Secured 7,000 Convictions In Two Years – Tinubu

EFCC Recovered Over N500 Billion, Secured 7,000 Convictions In Two Years – Tinubu President Bola Tinubu says that the Economic and Financial Crimes Commission (EFCC) has secured over 7,000 convictions and recovered assets worth over N500 billion within the past two years under his administration. Speaking on Monday at the seventh edition of a three-day capacity-building workshop for judges and justices, organised by the EFCC and the National Judicial Institute (NJI) in Abuja, the president, represented by Vice-President Kashim Shettima, said the figures reflect his administration’s commitment to the anti-corruption fight and the independence of the judiciary. “The EFCC has…
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AI Boosts Currency Stability Across Emerging Markets – New University Of Abuja Study Reveals- By Prof Chukwuemeka Ifegwu Eke

AI Boosts Currency Stability Across Emerging Markets – New University Of Abuja Study Reveals- By Prof Chukwuemeka Ifegwu Eke

PRESS RELEASE AI Boosts Currency Stability Across Emerging Markets — New University of Abuja Study Reveals Abuja, Nigeria A new study led by Dr. Chukwuemeka Ifegwu Eke of the University of Abuja’s Department of Economics and Sustainable Development Centre has revealed that Artificial Intelligence (AI) readiness significantly enhances exchange-rate stability across emerging economies. Drawing on panel data from 25 emerging nations between 2010 and 2024, the research—titled “Predictive Artificial Intelligence and the Stability of Financial Equilibrium in Emerging Economies: Dynamic and Lagged Adjustment Analyses”—demonstrates that countries with higher levels of AI development and digital finance adoption experience less currency volatility…
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Governor Otti Vs The Chokepoints: How Abia Is Breaking Free From Nigeria’s Economic Traps – By Prof. Chukwuemeka Ifegwu Eke

Governor Otti Vs The Chokepoints: How Abia Is Breaking Free From Nigeria’s Economic Traps – By Prof. Chukwuemeka Ifegwu Eke

Gov Otti vs the Chokepoints: How Abia Is Breaking Free from Nigeria’s Economic Traps When American scholar Edward Fishman released his 2025 bestseller Chokepoints: American Power in the Age of Economic Warfare, he wasn’t writing about Nigeria.But his ideas — that real power lies in who controls economic gateways like banking, trade routes, and digital systems — speak loudly to what’s happening right now in Abia State under Governor Alex Otti. From the dust of bad debts and broken promises, Otti is building a new Abia — one that refuses to be strangled by national and global chokepoints. In his…
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My Visit To The USA, Rome: Taking Nigeria’s Situation To God – Peter Obi

My Visit To The USA, Rome: Taking Nigeria’s Situation To God – Peter Obi

My Visit to the USA, Rome: Taking Nigeria's Situation to God. After my 2-day trip to the United States - where I addressed the Friendship Club on Saturday, 4 October, and spoke at the 1st Ubuntu African Youth Assembly in Washington on Sunday, 5 October - I departed that same night for Rome, arriving on 6th October to join my dearest wife, who was already in Rome waiting for me. This year marks a Jubilee Year, an event celebrated every twenty-five years, and my dearest wife and I chose to dedicate our prayers to Nigeria. With hearts full of gratitude,…
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Alex Otti And The New Grammar Of Money: How ABIA State Is Rewriting Skidelsky’s Political Economy – By Prof Chukwuemeka Ifegwu Eke

Alex Otti And The New Grammar Of Money: How ABIA State Is Rewriting Skidelsky’s Political Economy – By Prof Chukwuemeka Ifegwu Eke

Alex Otti and the New Grammar of Money: How Abia State Is Rewriting Skidelsky’s Political Economy When Robert Skidelsky wrote Money and Government, he was lamenting a world that had forgotten the moral purpose of economics — a world that treated markets as gods and governments as beggars.In faraway Abia, Governor Alex Otti seems to have taken that lament as a challenge. From the shattered books of a debt-ridden treasury, Otti has begun scripting a new grammar of governance — one that reads like a live translation of Skidelsky’s theory into Nigerian reality. In this new narrative, money is not…
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Nigeria Has Pulled Back From Economic Collapse – Emir Sanusi Hails CBN Reforms

Nigeria Has Pulled Back From Economic Collapse – Emir Sanusi Hails CBN Reforms

Nigeria Has Pulled Back From Economic Collapse – Emir Sanusi Hails CBN Reforms Former Central Bank of Nigeria (CBN) Governor, Sanusi Muhammadu Sanusi, has praised the current leadership of the apex bank for what he described as a “remarkable turnaround” in Nigeria’s monetary and economic stability. Speaking on recent economic developments, Sanusi said he had “nothing but positive words” for the CBN’s policies, noting that the institution had successfully stabilized the exchange rate and curbed the reckless monetary expansion that once threatened the economy. “We came from a period of very high instability due to loose monetary policy and uncontrolled…
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Beyond The Lekki Illusion: Aba’s Real Manufacturing Might Humiliates Lagos’ Paper Economy – By Prof Chukwuemeka Ifegwu Eke

Beyond The Lekki Illusion: Aba’s Real Manufacturing Might Humiliates Lagos’ Paper Economy – By Prof Chukwuemeka Ifegwu Eke

Beyond the Lekki Illusion: Aba's Real Manufacturing Might Humiliates Lagos' Paper Economy The narrative of "Lagos Boiled by Igbo Economy" and the potential for Aba to rival China in West Africa is not merely entrepreneurial aspiration; it is a story underscored by official data and a telling political context. The failure of President Bola Tinubu to personally commission the new projects of monumental significance for the industrial revival of the South-East, on multiple scheduled occasions may speak volumes to ignorant minds, but stop and ponder for a second. This perceived snub, whether logistical or political, stands in stark contrast to…
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President Tinubu To Commission Nigeria’s First $400m Crude Export Terminal In 50 Years

President Tinubu To Commission Nigeria’s First $400m Crude Export Terminal In 50 Years

Tinubu To Commission Nigeria’s First $400m Crude Export Terminal In 50 Years President Bola Tinubu is expected to commission the $400 million Otakikpo Onshore Crude Oil Export Terminal in Rivers State on October 8, 2025. It is the first new crude export facility to be built in Nigeria in more than 50 years. The Executive Director of Legal and Corporate Services of Green Energy International Limited, GEIL, Olusegun Ilori, disclosed this in a statement on Thursday. The facility, built by GEIL, operators of the Otakikpo field in OML 11, Ikuru Town, Andoni Local Government Area of Rivers State, will become…
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Beyond Made-In-China: ABIA State Aims To Become Africa’s New Workshop For Innovation With Creative Talent Hunt – By Prof. Chukwuemeka Ifegwu Eke

Beyond Made-In-China: ABIA State Aims To Become Africa’s New Workshop For Innovation With Creative Talent Hunt – By Prof. Chukwuemeka Ifegwu Eke

Beyond Made-in-China: Abia State Aims to Become Africa's New Workshop for Innovation with Creative Talent Hunt UMUAHIA, Abia State – In a bold move that echoes the state-directed industrial revolutions of East Asia, the Abia State Government has launched a strategic initiative to identify, nurture, and deploy its most valuable natural resource: the ingenuity of its youth. The Abia Creatives Talent Hunt, which closes applications today, September 18, 2025, is not merely a contest; it is the foundational pillar of a grand economic strategy to position the state as Africa’s premier hub for tangible innovation and manufacturing creativity. Gone is…
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