Updates

Role of Debt in Nigeria

Culled—Proshare July 4, 2017/FDC Debt has earned a bad reputation in recent times. Private debt spiralled out of control in the 2000s and fuelled the 2008 financial crisis. Public debt continues to cause jitters. What is often over-looked is the vital role that debt plays in global and domestic economies. […]

The Mundell-Fleming Trilemma: The Nigerian Experience

Culled–Proshare July 4, 2017/FDC The Mundell-Fleming trilemma is an economic model first articulated by Robert Mundell and Marcus Fleming in the early 1960s, to argue that an economy cannot simultaneously choose to implement policies of monetary autonomy, free flow of capital and fixed exchange rates. Also known as the impossible […]

AfDB and Government of Japan launch Japan-Africa Energy Initiative

July 4, 2017/AfDB The Government of Japan and the African Development Bank have signed a Letter of Intent to launch the Japan-Africa Energy Initiative (JAEI) to provide significant support to the New Deal on Energy for Africa which aims to achieve universal access to energy by 2025, using available energy […]