Monthly Archives: August 2012

Adam Smith

On training for the past two weeks so I have not had much time to read up and react to stuff these days but normal service will resume soon. This blog post kick-starts a series on famous economists starting with the progenitor of economics – Adam Smith Evidence exists pointing to a common origin in […]

On Nigeria’s debt

  In recent days there’s been a lot of hullaballoo about Nigeria’s debt profile. Government/Public debt is the debt owed by the government of a country. It is a means of financing government operations when revenue targets are inadequate. The chart below shows that total debt amounts to $45.5b (=N=7.1tr) at 30th June 2012 as obtained from […]