Ikenna Igwe

Trump’s America or China’s Playground? Nigeria’s Bitter Economic Choice

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Ikenna Igwe

By Ikenna Igwe As markets reel from Donald Trump’s return to the White House, Nigeria—Africa’s largest economy—finds itself caught in a geopolitical vise grip that threatens to reshape its economic future. The administration’s aggressive “America First” policies are already sending shockwaves through Nigeria’s oil-dependent economy, forcing an urgent rethinking of decades-old economic partnerships. OIL AMBITIONS … [Read more…]

Food Insecurity, Food Inflation and a Dwindling Manufacturing Sector in Nigeria: A National Threat to Sustainable Development

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Ikenna Igwe

By Ikenna Igwe The issue of food inflation and food insecurity have continued making the news headline in today’s Nigeria. To be fair, the issue of food insecurity is not something that is alien to Nigerians but with the current administration of President Tinubu, things seem to be going south. According to the National Bureau … [Read more…]

Food Insecurity Ravaging Nigerians (A Country at the Verge of Starvation)

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Ikenna Igwe

By Ikenna Igwe Nigeria is Africa’s biggest economy and its largest population with over 200 million people. One of the world’s largest youth population is at risk of running out of food and facing a possible economic collapse. Recent reports from the Food and Agriculture Organization (FAO), a UN specialized organization on food, estimates that … [Read more…]

The Digitization of Africa’s Biggest Economy Sequel Naira Redesign and 2023 Presidential Election

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Ikenna Igwe

By Ikenna Igwe The modern world we find ourselves in today is one that is fast becoming digitized in every sector, ranging from finance to technology, agriculture, transportation, health and every other industry. Since the appearances of the Automatic Teller Machine (ATM) first in the shores of America finance market in 1969 and subsequently in … [Read more…]

2023 Presidential Election Amidst Crippling Inflation Crisis and Devaluation of the Naira

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Ikenna Igwe

By Ikenna Igwe For the most part in Nigerian politics, candidates have been known to play the identity politics game, where the focus is largely on ethnic affiliation, political parties and defacement of an opponent’s name and reputation. We hardly see election candidates debate on things in the line of a sustainable economic goal. In … [Read more…]

Are NFTs the Next Big Thing in the Digital World?

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Ikenna Igwe

By Ikenna Igwe The whole cryptocurrency and its blockchain matrix do seem to most people as a hollywood scam series that will come crashing down one day in an epic manner. On the contrary, though there is nothing that makes headline news like another blockchain news that leaves you thinking “Wait what’s going on here?”, … [Read more…]

Cryptocurrency Ban and its economic implications in Nigeria         

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Ikenna Igwe

By Ikenna Igwe In the last four years, cryptocurrencies especially Bitcoin have become ubiquitous, prompting both global and domestic monetary authorities to devise a means to regulate and accept their usage. In Nigeria alone, the crypto market has expanded so much that the volume of Bitcoin traded monthly is estimated at $200mn according to Buycoin, … [Read more…]