Author Archives: Olajide Olutuyi

About Olajide Olutuyi

Father.Husband.Calgary Flames fan. Calgary Stampeders fan. Akure Sunshine stars fan. Supports conscious capitalism.Progressive conservative( supports sin taxes, low taxes and laissez-faire economy). Now listens to gospel and country. Former rap fan Believes in volunteering and community service as agents of developmental change. A lot of my time goes into community service, reading, encouraging people and most importantly God’s business. Loves culture , business start-ups and politics of both my home and adopted countries. This is my blog. The opinions and thoughts in my article are mine and I make no mistakes for having them. You may also find articles, news or opinions of others that I agree with on my blog. More information about my professional background and interests available on my LinkedIn page.

Where Should You Put Your Money In Nigeria?

Disclosure: This article is written as part of work I am doing for the company in question. I have been paid for this work. You are a Nigerian and you live in Nigeria. By that geographical arrangement alone, your investment … Continue reading

Posted in Finance, Government and State bonds, Investments, Nigeria, Treasury Bills | Leave a comment

The content of Nigeria’s foreign exchange reserves

On Monday 20 March 2018, The Guardian Newspapers published an article by Contributor Feyi Fawehinmi titled, “What’s Inside Nigeria’s Foreign Exchange Reserves”. In this article, the writer describes and discusses his perceived rationales for the increase in the country’s Foreign … Continue reading

Posted in Africa, Finance, Foreign Exchange Reserves, Foreign Reserves, Governance, Leadership, Nigeria | Leave a comment

What’s the fuss about foreign exchange reserves?

Earlier in March 2018, the Central Bank of Nigeria (CBN) announced that the country’s foreign currency reserves were steadily growing and that the reserves stood at $43 billion. This represented almost 100 percent increase from about $23 billion recorded in … Continue reading

Posted in Africa, Finance, Foreign Exchange Reserves, Foreign Reserves, Governance, Nigeria, Politics- | Leave a comment

Konga and Nigeria’s e-commerce industry

  In my column of last month, I wrote about Nigeria’s retail industry and its potential to become the country’s next big industry. I also touched briefly on the gains made by the domestic e-commerce sector. Unfortunately, soon after the … Continue reading

Posted in Africa, E-Commerce, Entrepreneurship, Innovation, Nigeria, Technology | Tagged , , , , , | Leave a comment

Is the retail sector Nigeria’s next big industry?

Nigeria’s population of 186 million people and the country’s rapid urbanisation present a huge opportunity for global retailers. Moreover, its fast-growing middle class makes Nigeria a formidable consumer market in Africa. However, the key to making the retail sector more … Continue reading

Posted in Uncategorized | Leave a comment

The Age of Shame

There’s an epidemic of massive proportion moving across this country at the speed of light. It has swept up the high and mighty – politicians, actors, corporate chieftains and many a lesser soul. Careers have been ruined and reputations destroyed. … Continue reading

Posted in Entrepreneurship | Tagged , , | Leave a comment

Budget 2018: Buhari should implement bold fiscal reforms

On November 7, 2017, President Muhammadu Buhari presented the 2018 budget to a joint session of the National Assembly. The N8.6 trillion budget proposal was tagged, “Budget of Consolidation.” While it is commendable that the administration presented the budget earlier … Continue reading

Posted in Africa, Governance, Leadership, Nigeria, Politics-, Taxation | Tagged , , , | Leave a comment

Making the economic republic of Lagos great

During my recent visit to Lagos, not unlike the previous ones, I had the opportunity to observe and scrutinize the energetic metropolis. This often required me to take off my Nigerian lenses and put on the lenses of a tourist, … Continue reading

Posted in Africa, Governance, Lagos, Nigeria | Tagged , , , | Leave a comment

6 Cool Tech Jobs of the Future (That You Probably Haven’t Heard of)

What the experts are saying is true – the highest demand jobs of the future will be in STEM fields! Not all STEM fields are created equal, however; as it turns out, the majority of high-paying STEM jobs are in … Continue reading

Posted in Entrepreneurship, Technology | Leave a comment

The case for imposing broad-based sales taxes in the states

The Nigerian sub-national economies have always had cashflow problems, which have become acute in the last two years. With very few exceptions, the states are finding it difficult to pay workers and pensioners. Between four to 12 months’ – or … Continue reading

Posted in Africa, Finance, Governance, Nigeria, Taxation | Tagged , , | Leave a comment