


The Quest for African Integration
AACS Fortnightly(Mondays)6th November 2023 From the Chairman’s Desk, The Quest for African Integration The population of Africa is estimated at more than 1.4bn, with youths accounting for over 70% (below 30 years) and a median age of 18.8 years. Further, over 30% of the world’s mineral reserves are on the continent including but not limited […]
The Erratic FX Market
AACS Fortnightly(Mondays)23rd October 2023 From the Chairman’s Desk, The Erratic FX Market Grim news from the money market shows the naira (₦) sliding in value at the parallel market to north of ₦1,100 to $1. The aspiration for a unified rate still appears illusory, not to talk of an appreciation in the value of the […]
Ease of Doing Business
AACS Fortnightly(Mondays)9th October 2023 From the Chairman’s Desk, Ease of Doing Business Data from the NBS shows that FDI in Nigeria declined by $18.6bn in a four-year period since 2019. This underscores the reason why the new administration has been on the front footing in generating FDI and getting other nations to invest in Nigeria. […]

That UNGA Speech by PBAT
AACS Fortnightly(Mondays)25th September 2023 From The Chairman’s Desk, That UNGA Speech by PBAT Since the arrival of the Europeans on the shores of Africa in 1488 heralded by the Portuguese Diogo Cao primarily for trade, and the subsequent scramble and partition of Africa at the German capital of Berlin in 1884, few speeches by an […]
Production Over Consumption – A Good Start
AACS Fortnightly(Mondays)11th September 2023 From the Chairman’s Desk, Production Over Consumption – A Good Start The simple reason why the nation’s economy is in a difficult place today is because we literally import most of what we consume and produce little. This consistent unfavorable balance of trade then ensures that we waste our scarce foreign […]
Playing The Ostrich: The CBN & NBS Debacle
AACS Fortnightly (Mondays) 28th August 2023 From the Chairman’s Desk, Playing The Ostrich: The CBN & NBS Debacle Last week JP Morgan estimated Nigeria’s net FX reserves to have fallen to $3.7bn at the end of Q4 2022, owing to larger currency swaps and borrowings. A few days later, The Central Bank of Nigeria (CBN) faulted this […]
Niger – “It’s The Economy, Stupid”
AACS Fortnightly (Mondays) 14th August 2023 From the Chairman’s Desk, Niger – “It’s The Economy, Stupid” Our title is a famous quote in 1992 by an American Politician and Elections Strategist, James Carville, when he was implying that the critical issue in the American polity during the difficult final years of George Bush Presidency, was the poor […]