Nigerian & Ghanaian Currencies: Which is “Higher”?
It’s normal for citizens of every country to brag about the value of their country’s currency and standard of living in any conversation on finance. While their statements are …
Category: Economy
Is Nigeria a Developing Country?
A developing country connotes a country with a less evolved commercial base and a low Human Development Index that correlates with that of other countries. Most of the time, …
Which Economic System is Best for Nigeria?
Nigeria is presently using a mixed economy that includes both capitalism and socialism. Citizens can have private ownership of properties and the government also has ownership of properties. Which …
Why Is Nigeria Called The Giant of Africa?
Being called “giant” in this context means Nigeria is a superpower. This word can be broken down to mean importance, eminence, power, and of great size. Why Is Nigeria …
Is Nigeria Really a Failed State?
A failed state is one with a weak central power that has no authority over its people, such as the inability to raise taxes or perform other mundane activities. …
How Much is Nigeria Owing China?
Everyone is concerned about the debt Nigeria owes China, with a feeling that it is off the charts. Nigeria and China have had diplomatic ties since 1971. Trade and …
Why Is Trade Union Relevant in Nigeria?
A Trade Union is an organization comprising of workers in a particular field or industry. The main goal of Trade Unions is to protect and advance the interests of …