Features

Nigeria’s food crisis presents one of the country’s most painful contradictions. The nation possesses vast arable land, millions of farmers, a favourable climate and an agricultural sector capable of producing enormous quantities of food. Yet millions of Nigerians go to bed hungry, food prices continue to climb.

There are publications that merely document an industry, and there are those that attempt to shape its future. The maiden edition of the NIBSS Digest, appropriately themed “Redefining the Future of Payments,” belongs more convincingly to the second category.

The Central Bank of Nigeria's recapitalisation programme requires banks to build substantially larger capital bases, with minimum paid-up capital rising to N500 billion for banks with international authorisation, N200 billion for national banks and N50 billion for regional banks.

Paying tax to the wrong authority does not grant immunity from penalties.

Golfers eventually learn that each of the 14 clubs they are permitted to carry can produce two very different numbers: the distance they might hit it on an exceptional strike and the distance they can reasonably expect it to travel.

What began in 2019 as a bold state-owned airline experiment has grown into a 10-aircraft carrier, approaching five million passengers, connecting Uyo to major Nigerian cities and Ghana, while simultaneously driving a wider aviation ecosystem that is reshaping the economic geography of the state.

There was a time when standing on the tee of a par four, one of the longer holes on a golf course, automatically meant reaching for my driver.

You may have 5,000 contacts, belong to numerous WhatsApp groups, and have thousands of social media followers, yet still possess a weak network. This may sound uncomfortable, but it is true.

The July figure represents an 8.8 percent month-on-month increase and a 233.9 percent jump from May, when imports accounted for only 12.4 percent of total recorded petrol receipts.

For those unfamiliar with the game, a standard round consists of two halves of nine holes. Completing the ninth is known as reaching the turn, the halfway point when you have enough evidence to form an opinion about how you are doing but still have half the contest ahead.