What do IMF really want from Nigeria

The only type of lender who willfully and knowingly lends money to people who can never realistically hope to pay it back is a LOAN SHARK. A loan shark carries out predatory lending to vulnerable people who have something that he wants. He knows you cannot pay back By Staff Reporter Historically, I’ve never been a fan of invoking neo-colonialism as a reason for the failure of African states. I have always preferred to hold the feet of African leadership to the fire instead. But sometimes, the empire makes moves…

The Africa Rating Agency Operating At Ground Zero.

Africa’s holistic economy is ailing from the poor pronouncements made by the major international rating agencies and this has been echoed multiple times by many experts,  By Ebube George Ebisike The resolution passed by AU Finance Ministers to setup an independent African Rating Agency was  pronounced months ago to endorse the move needed to bypass the continuous unfair ratings of 54 African states by the Big three Rating Agencies – Moody’s, Fitch and S&P.  This bold and very important step is an effort orchestrated from inception by the African Peer Review…