The Naira is taking an unprecedented bashing in our Foreign Exchange Markets. In the Parallel Market, the Dollar sold for as high as N280 and the Pound Sterling N398 some days back.
A friend of mine who travelled to the...
A name that has always been associated with controversy as far as the issue of national security is concerned both during the military era and our present democracy, has been in the news for the wrong reasons for the...
The fact of the matter is that Nigeria operates two broadly classified foreign exchange markets. There is the official market, where the Central Bank of Nigeria (CBN) funds banks, who in turn fund their customers’ offshore transactions. Banks basically...
The school of Lagos-watchers that keep an eye on the city’s traffic management chiefly out of a morbid fear of decline or of possible worst-case scenario has taken on new adherents of late. For signs are mounting that the...
Governor Ayodele Fayose of Ekiti State maintains his false sense of security and invincibility with delusions of grandeur. He avoids looking scared when in fact he's in panic overdrive. He embalms his face with cosmetic joy when he's bleeding...
Many Nigerians do not seem to understand the role of the CBN in an economy. Some believe that the CBN is an authority in itself and does not take instruction from government. Yes, it is true that the CBN...
The recent insistence by Senator Bola Ahmed Tinubu that President Muhamodu Buhari must remove fuel subsidy come January 2016 is quite unfortunate in many respects, it is another misadventure of National Leader of APC and his party.
It smacks of...
PLEASE NOTE: This write-up was (first) written on 20th April, 2000 and was personally sent to National Newspapers in Nigeria then.
The military came into power in Nigeria in 1966 and by the time they left the political scene in...
Human history is replete with instances of the people getting fed up with official policies and taking on the government. Monday January 9, 2012 was one of those days when the Nigerian people in anger, decided to shut down...
So much has been said about the December 12 confrontation between the Nigerian Army and members of the Islamic Movement in Nigeria led by Sheik Ibraheem El-Zakzaky, the leader of the Shia in Nigeria. I guess the point has...