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Why Countries Never Thrive Without Activist Government Investment

Why Countries Never Thrive Without Activist Government Investment

By William Berkson History shows that economies have never grown through minimizing government involvement in the economy If there is one national goal that Americans can agree on, it is opportunity for all. However, the political parties have been sharply divided over the role of government in creating economic opportunity. Since President Ronald Reagan, Republicans




NSE lauds Dangote Cement on Corporate Governance

Management of the Nigerian Stock Exchange (NSE) has lauded Dangote Cement for its adherence to best corporate governance practices even as they called for more partnerships between the two organizations. Managing Director/Chief Executive of the Exchange, Mr. Oscar Onyema gave the commendation while welcoming the Group Managing Director of Dangote Cement, Engr. Joe Makoju and




Nigeria wants improved private sector investment by European businesses

The Minister of Budget and National Planning, Senator Udoma Udo Udoma, on Thursday in Brussels, Belgium, called for improved private sector investment in Nigeria by European businesses, saying that the country’s investment climate is now very attractive and conducive. Senator Udoma who was on the panel that discussed ‘Delivering Jobs, Growth and Global Competitiveness’ at




8m workers register under pension scheme in Q1 – NBS

THE National Bureau of Statistics (NBS) says 7,975,976 workers were registered under the pension scheme in the first quarter of 2018 compared to 7,823,911 registered in the fourth quarter of 2017. The NBS disclosed this in its “Pension Asset and Retirement Savings Account (RSA) Membership data,” released on Tuesday. According to the report, the Pension




Oil Kingdom in Crisis: Saudi Royal Family Rift Turns Violent

Saudi Arabia has plunged its immediate region into major strategic uncertainty. What can only be described as a serious outbreak of shooting in the Royal Palace in Riyadh on April 21, 2018, was the catalyst for events which could determine the fate of the Crown, the Kingdom, and the regional competition, particularly with Iran, for




‘Carbon bubble’ coming that could wipe trillions from the global economy – study

Macroeconomic simulations show rates of technological change in energy efficiency and renewable power are likely to cause a sudden drop in demand for fossil fuels, potentially sparking a global financial crisis. Experts call for a “carefully managed” shift to low-carbon investments and policies to deflate this “carbon bubble”. Individual nations cannot avoid the situation by




Energy Efficiency

… and why global energy demand is likely to level off in the next two decades DNV GL’s Energy Transition Outlook team predicts that global energy demand is likely to flatten, if not peak, by 2050. The greatest driver of that historical watershed will be the often-overlooked hero of the transition: energy efficiency. Director of




Is Saudi Arabia’s Geopolitical Pivot Good For Oil?

The phrase “becoming all things to all people,” might also apply to modern-day Saudi Arabia. The world’s largest oil exporter, defacto OPEC leader and the third largest oil producer finds itself in new territory over a host of issues. In its bid to challenge Iran for dominance in the Middle East, the Kingdom has set




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