I was just reflecting on the impact of social media on Nigeria’s youth when I saw how quickly Archraf Hakimi’s divorce story was trending. Social media has taken the world by storm, and its influence is felt in every corner of our lives. From the way we communicate to the way we entertain ourselves, social […]
read more Accessing the penetration of social media into our daily routine
]]>I would like to start by wishing a happy new year to each distinguished reader of this section and wishing them prosperity for 2023 and beyond. How come it’s so hard to keep those “new year, new you” promises to exercise more and put away more money for retirement? Most conventional economic models’ underlying agent […]
read more The economics of new year resolutions
]]>The most recent language model, Chat GPT, is an open-source AI that was developed and trained specifically for conversational interactions (Altman, Musk, and other Silicon Valley investors established an artificial intelligence research non-profit company in 2015). On November 30, Sam Altman’s OpenAI published Chat GPT, which has subsequently swept the tech world and the internet. […]
]]>With rebasing in 2013, Nigeria pivoted to the top economy in Africa, leaving South Africa in a distant second. The contribution of the agricultural sector, financial sector, manufacturing sector and trade sector to the country’s Gross Domestic Product (GDP) increased revealing the sector’s true value. This gave room to the emergence of arts, entertainment and […]
read more Do we need another GDP rebasing?
]]>It is not arguable that inflation is caused by an increase in the amount of money in circulation in an economy given the presence of few goods available for purchase. Therefore, we can say that inflation is caused by the difference between the quantity of goods produced and the amount of money in circulation when […]
read more The interest rate dilemma around Nigeria to maintain the peg in the US Dollar
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