Obinna Chima

Lagos, Nigeria

Financial Journalist at This Day (Nigeria)

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Articles

Between Banks’ Soaring Profits and Economic Realities

3 weeks ago | thisdaylive.com | Obinna Chima

Obinna ChimaThe banking sector dominated headlines in the past few days following the humongous earnings released by most of the financial institutions in their full-year 2024 financial results. In a country where individuals and companies are hurting from economic challenges and rising cost of basic necessities, the financial industry seems to be projecting a stark contrast as commercial banks continue to churn out staggering and record-breaking earnings.
Don’t Let Your 2025 Financial Resolutions Fade Away

1 month ago | thisdaylive.com | Obinna Chima

Breaking News Obinna ChimaMaking resolutions is a fantastic way to start the new year. At the beginning of every year, we all outline the goals and aspirations we want to achieve. 2025 is not different. From planning to save more money and committing to other financial goals, to eating healthier, improving our spirituality, exercising more, and losing weight, (a lot) MANY of us set targets for the things we want to achieve.
Levers for Economic Growth

2 months ago | thisdaylive.com | Obinna Chima

Breaking News Obinna ChimaThis week, the Nigerian economy experienced two major incidents that are critical building blocks for sustained long-run economic growth.
2Baba, Annie, Social Media Police and the Rest of Us

2 months ago | thisdaylive.com | Obinna Chima

Obinna ChimaThey are on all social media platforms. They have a knack for leaving comments on everything posted on social media. They move from Facebook to Instagram, X (formerly Twitter), TikTok and other social media platforms you can think of. They have an idea of everything. From marriage, politics, governance, public policy, religion, entertainment, and any other issue you can think of, they are experts. They are the social media police.
Africa Without Begging Bowls

2 months ago | thisdaylive.com | Obinna Chima

Breaking News Obinna ChimaPresident Donald Trump’s signing of an executive order that temporarily froze almost all United States foreign aid programmes to Africa and other developing and under-developed continents has sent shockwaves across the world.
AfDB’s Ambitious Mission 300 to Boost Access to Reliable Energy in Sub-Saharan Africa

2 months ago | thisdaylive.com | Obinna Chima

Breaking News Lack of access to reliable energy in Sub-Sahara Africa has impinged efforts to eradicate poverty in the sub-region. This has prompted the African Development Bank to introduce Mission 300, an initiative aimed at providing electricity access to 300 million people in Sub-Sahara Africa by 2030. Chinedu Eze writes that this transformative effort will lead to economic empowerment in the sub-region.
Envelope Budgeting System and Its Discontents

2 months ago | thisdaylive.com | Obinna Chima

BY OBINNA CHIMA One issue that has continued to resonate since the commencement of the defense of the 2025 federal government’s appropriation bill by Ministries, Departments and Agencies (MDAs) is the criticism of the country’s envelope budgeting system.
Unity Bank, AquaEarth Consulting Partner to Advance ESG, Sustainability Practices

Jan 22, 2025 | thisdaylive.com | Adeyinka Salami |Kayode Tokede |Obinna Chima

As part of its commitment to global and national sustainability standards aimed at enhancing its role in responsible banking and sustainable finance, Unity Bank Plc has successfully completed a transformative project to strengthen its Environmental, Social, and Governance (ESG) and sustainability framework in partnership with AquaEarth Consulting.
Nigeria’s Low Hanging Fruit

Jan 3, 2025 | thisdaylive.com | Obinna Chima

Reading the Tea Leaves By Obinna [email protected] 08152447875 (SMS only)Welcome to ‘Reading the Tea Leaves,’ a weekly column where I shall explore a variety of topics ranging from economic trends, policy and political analysis, financial market, as well as social and cultural trends through different perspectives. As I share my ideas and viewpoints, I intend to stimulate conversations that will keep you informed and engaged.
WTO Initiates Selection Process for Next Director-General

Oct 8, 2024 | thisdaylive.com | Ndubuisi Francis |Ayo Yusuf |Adeyinka Salami |Obinna Chima

The World Trade Organisation (WTO) yesterday, formally commenced the process for appointing its next Director-General. According to a statement yesterday, the process would be led by Ambassador Petter Ølberg of Norway, the Chair of the General Council, in accordance with the WTO’s “Procedures for the Appointment of Directors-General” (WT/L/509).