Tokunbo Afikuyomi, Jr.

Tokunbo Afikuyomi, Jr.

Economist

Bio

Tokunbo is an Economist and the Editor in Chief.

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Can Nigeria print money to solve its problems?

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22 JAN 2021

Can Nigeria print money to solve its problems?

Understanding the money printing trick.

Eight numbers to worry about in 2021

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15 JAN 2021

Eight numbers to worry about in 2021

…and one not to worry about.

How Abuja illustrates Nigeria’s deep inequality

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07 JAN 2021

How Abuja illustrates Nigeria’s deep inequality

A look into Nigeria's inequality problem

Six shocking moments of 2020: and the awards go to…

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18 DEC 2020

Six shocking moments of 2020: and the awards go to…

Here are six events that shocked us in 2020.

A new way to think about Nigeria’s growth

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11 DEC 2020

A new way to think about Nigeria’s growth

How to think about Nigeria’s options for growth.

The coronavirus vaccine is here: Was it made too quickly?

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04 DEC 2020

The coronavirus vaccine is here: Was it made too quickly?

We analyse factors responsible for the development of the Covid-19 vaccine and discuss their implications.

Emefiele vs the parallel market

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27 NOV 2020

Emefiele vs the parallel market

The parallel market: A reply from analysts to Emefiele

Nigeria’s sachet economy: little big problems

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20 NOV 2020

Nigeria’s sachet economy: little big problems

We discuss why Nigeria has a sachet economy and its implications on the poor and the environment.

Will the AfCFTA be worth it for Nigeria?

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13 NOV 2020

Will the AfCFTA be worth it for Nigeria?

What does signing the AfCFTA really mean?

Bitcoin explained: Nigerians move beyond fiat currency

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06 NOV 2020

Bitcoin explained: Nigerians move beyond fiat currency

Is Bitcoin money? And what are its main uses in Nigeria?

The WTO Okonjo Iweala might inherit

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30 OCT 2020

The WTO Okonjo Iweala might inherit

What the next DG of the WTO is walking into

The constitutional route to a state police force

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23 OCT 2020

The constitutional route to a state police force

How viable is the state policing option in Nigeria?

The impact of bad policing and insecurity on the economy

Economy - 16 OCT 2020

The impact of bad policing and insecurity on the economy

Bad policing has been unfair to Nigeria’s economy

Playing god in Nigeria's foreign exchange market

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25 SEP 2020

Playing god in Nigeria's foreign exchange market

In trying to control both the demand and supply of dollars, the CBN plays god in Nigeria's forex market, and scares off investors.

Nigeria’s future depends on international trade

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18 SEP 2020

Nigeria’s future depends on international trade

A story on Nigeria's trade

The shape of things: Nigeria’s economic recovery

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11 SEP 2020

The shape of things: Nigeria’s economic recovery

What will Nigeria’s economic recovery look like?

The story behind Nigeria's low COVID-19 numbers

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04 SEP 2020

The story behind Nigeria's low COVID-19 numbers

Why Nigeria's Covid-19 test and infected numbers are low

What news headlines don't tell you about GDP

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28 AUG 2020

What news headlines don't tell you about GDP

A look under the hood of our GDP statistics

Lagos state vs businesses: One tax too many?

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21 AUG 2020

Lagos state vs businesses: One tax too many?

A look into how Lagos state works and its relationship with businesses

The new CAMA and what it means for Nigeria’s businesses

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14 AUG 2020

The new CAMA and what it means for Nigeria’s businesses

A look into Nigeria's new business laws

The fundamentals behind Shoprite's exit

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07 AUG 2020

The fundamentals behind Shoprite's exit

We look into why Nigeria has lost its investment appeal

Barely chugging along: An economy without rail transport

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31 JUL 2020

Barely chugging along: An economy without rail transport

A guide to understanding the importance of trains and railways in Nigeria.

What Nigerian politics can learn from Pizza

Governance - 19 JUN 2019

What Nigerian politics can learn from Pizza

We discuss Nigerian monopolistic political parties and assess how more competition can improve policy making

INEC Can Improve Elections, But Will Nigeria Allow It?

Governance - 11 MAR 2019

INEC Can Improve Elections, But Will Nigeria Allow It?

Nigeria's recent elections issues could be attributed to both INEC and other external factors

Your Money Where Your Vote Is

Economy - 29 MAY 2018

Your Money Where Your Vote Is

As part of our Democracy Day 2018 series, we look at the connection between voting and the budget

Nigeria does not have 180 million people

Economy - 26 FEB 2018

Nigeria does not have 180 million people

All population numbers are inaccurate, but Nigeria's population numbers go beyond realism.

Four charts that show how Nigeria's economy has improved

Economy - 21 JAN 2018

Four charts that show how Nigeria's economy has improved

After riding a wave of recession through most of 2016 and 2017, green shoots show the economy is picking up

Why the Inflation rate is always wrong

Economy - 03 DEC 2017

Why the Inflation rate is always wrong

We explain why Nigeria's inflation says little about the prices you experience – and why that doesn't matter.

Nigerian Central Bank Signals Lower Interest Rates

Economy - 06 NOV 2017

Nigerian Central Bank Signals Lower Interest Rates

We explore the possibility of lower interest rates as CBN gives reasons to expect cheaper borrowing.

Earning Peanuts in Nigeria

Economy - 23 OCT 2017

Earning Peanuts in Nigeria

Low salaries in Nigeria are caused by a range of factors, but bargaining power remains a prominent issue.

Is Agriculture For Feeding Or Earning Dollars?

Economy - 18 SEP 2017

Is Agriculture For Feeding Or Earning Dollars?

Is agriculture an avenue for higher forex earnings against the backdrop of high food prices at home?

Is a Fixed Exchange Rate Best for Nigeria?

Economy - 18 JUL 2017

Is a Fixed Exchange Rate Best for Nigeria?

With the CBN determined to keep the naira fixed, we look at the pros and cons of this exchange rate regime.

What Market Women Teach Us About Prices

Economy - 14 JUN 2017

What Market Women Teach Us About Prices

We don't all pay the same price for the items we buy and economics says that's ok.

Government Spending: More Harm Than Good?

Economy - 24 APR 2017

Government Spending: More Harm Than Good?

How cost-effective is government intervention?

Animal Spirits: Restoring Confidence in Nigeria

Economy - 27 MAR 2017

Animal Spirits: Restoring Confidence in Nigeria

Rebuilding confidence in Nigeria's economy is an underappreciated element of the desired recovery.

Farming for Monetary Policy

Economy - 27 FEB 2017

Farming for Monetary Policy

Why has the CBN resorted to farming as a key element of monetary policy?

The ₦1=$1 Fallacy

Economy - 06 FEB 2017

The ₦1=$1 Fallacy

Making the naira equal to the dollar sounds like a dream but could really be a nightmare for many.

Naira out, Eco in: II

Economy - 31 JAN 2017

Naira out, Eco in: II

The Naira has been a pain recently, is it time to jump ship for the Eco?

Naira out, Eco in: I

Economy - 30 JAN 2017

Naira out, Eco in: I

An in depth economic analysis of the proposed ECOWAS currency union.

Between Inflation and a Hard Place

Economy - 06 JAN 2017

Between Inflation and a Hard Place

Analysing the CBN decision to tighten monetary policy to combat high inflation.