Tuesday, November 20, 2018

Magnus Onyibe

    Ibori and his loyal goons: Chris Akor’s infantile tirades

Ibori and his loyal goons: Chris Akor’s infantile tirades

The release of chief Onanefe lbori, former Gov of Delta state from a UK prison where, he was unjustly jailed after he (under duress) pleaded guilty to money laundering charges without trial, has generated a lot of buzz in the media.The analysis by some members of the commentariat of the circumstances surrendering lbori's ordeal and the insincerity of the Western [...]

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    Re: Ibori and his loyal goons: Chris Akor’s infantile tirades

Re: Ibori and his loyal goons: Chris Akor’s infantile tirades

The release of chief Onanefe lbori, former Gov of Delta state from a UK prison where, he was unjustly jailed after he,(under duress) pleaded guilty to money laundering charges without trial, has generated a lot of buzz in the media.Genuine analysis by some members of the commentariat of the circumstances surrendering lbori's ordeal and the insincerity of the Western powers [...]

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    Ibori and the obnoxious British legal system: What manner of justice?

Ibori and the obnoxious British legal system: What manner of justice?

A lot has been written and broadcast about what can be termed the James Ibori Odyssey but most of what is in the public domain are more of fiction than facts simply because, often times with all due respect, most Nigerian journalists rely too much on ready made information and news handouts instead of digging deep to unearth the truth.What [...]

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    Applause as Buhari turns 74 and gets ready to cross the 20th month threshold

Applause as Buhari turns 74 and gets ready to cross the 20th month threshold

At a period like this when the cloud over Nigeria seems to be that of doom and gloom, it's easy for the challenging job of keeping the country together and afloat to be unrecognized.In an uncanny manner, President Muhamadu Buhari, who turned 74 last Saturday, 17/12/2016, seems to be the one often saddled with the responsibility of leading Nigeria at [...]

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    How can Nigerian leaders move economy forward while looking backwards?

How can Nigerian leaders move economy forward while looking backwards?

Economic policies can stifle growth when they are excessive,  inappropriate,introduced late or out of sync with reality. So at what point do wrong or inappropriate economic policies muzzle growth?A simple answer to the rhetorical question would be that things go awry when policies that are supposed to address challenges that may constrain the economy from growing, like policy reforms aimed [...]

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    Who will judge the judges and investigate the investigators?

Who will judge the judges and investigate the investigators?

While still grappling with our economy which remains stuck in the doldrums, our hard earned democracy, which seems to be the next target of deterioration, is by all indications heading for the precipice, if the current Executive/Judiciary face-off is not handled with care. The reason is that, by interfering in the internal affairs of another arm of govt, respect for [...]

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    As Buhari breaks the ice in the Niger Delta, economy gets a breather

As Buhari breaks the ice in the Niger Delta, economy gets a breather

Finally,on November 1, 2016, Niger Delta heavy weights, have had the much sought opportunity to jaw-jaw with president Muhammadu Buhari inside the hallowed chambers of Aso Rock villa. Before the latest opportunity, both parties had more less been 'talking' through the barrels of guns. Although the main protagonists-militants like Avengers, MEND etc-were not seated at the round table with the [...]

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    Aisha Buhari: Confronting Aso Rock demons?

Aisha Buhari: Confronting Aso Rock demons?

Just as Nigerians were being regaled  with former presidential spokesman, Rueben Abati's thriller titled "Spiritual Side Of Nigeria's Villa" which is a tale about 'demons' and 'ghosts'  in Aso Rock villa, Nigeria's seat of power, a current Aso Rock occupant, First Lady, Aisha Buhari has presented the world with the UNSPIRITUAL SIDE OF NIGERIA'S SEAT OF POWER by humanizing the [...]

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    Legalise indigenous crude oil refining

Legalise indigenous crude oil refining

Am I the only one miffed by the manner in which the Nigerian Air Force, NAF recently exhibited its 'prowess' as evidenced by its targeted strikes of indigenous oil refineries in the Niger delta?In demonstration of NAF's new found machismo, in the past few days,the news about the force's latest 'conquest' made headlines all over the news media, as if they [...]

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    Economic consequences/gains of war against corruption in Nigeria

Economic consequences/gains of war against corruption in Nigeria

Recently, at a World Economic Forum, WEF event, US Secretary of State,  John Kerry told his audience how Nigerian military generals shared amongst themselves 9 billion dollars that had been set aside for purchase of arms to prosecute the war against terrorism. Not only was the US top diplomat factually incorrect, because it was actually $2.1 billion that was appropriated for [...]

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    APC brought American expert to win election. Why not another expert to fix economy?

APC brought American expert to win election. Why not another expert to fix economy?

In the heat of the election to halt Peoples Democratic Party, PDP's 16 years rule in 2015, the new coalition of opposition political parties to form All Progressives Congress, APC brought in a renown American political strategist, David Axerold to help develop and implement the strategy that facilitated the demise of the former ruling party.For those who may not be [...]

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    Managing economic chaos: Bullish Buhari and Soludo Solution?

Managing economic chaos: Bullish Buhari and Soludo Solution?

Finally, our dear president Muhamadu Buhari has admitted that his policy actions or inactions are hurting Nigerians, at least in the interim, if not long term and he has thus appealed to them for patience during the 'feast of sacrifice' recently observed by Muslims.Evidence of change of strategy from channelling all energy into anti corruption war in the past sixteen, [...]

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    The good, the bad and the APC?

The good, the bad and the APC?

Some of us would remember the popular movie that featured the iconic Hollywood star  Clint Eastwood titled, THE GOOD, THE BAD, THE UGLY?For the purpose of appraising the state of the nation today, l would like to characterize Nigerians as the GOOD; the former ruling party, People's Democratic Party ,PDP as the BAD; and the new ruling party, All Progressive [...]

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    Abenomics: Matching resources in Japan with opportunities in Nigeria

Abenomics: Matching resources in Japan with opportunities in Nigeria

If the Central Bank of Nigeria, CBN, were to conduct a stress test on Nigerian banks today, most of them would likely fail because they are the life wire of business and a mirror of the state of the economy which is now belly up.As a fall out of the slump in crude oil price; vandalism of oil assets leading [...]

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    Devaluation: Did Buhari get it wrong 31 years ago?

Devaluation: Did Buhari get it wrong 31 years ago?

Last week my security gate keeper suddenly packed his luggage with the intention of quitting his job.The reason he decided to withdraw his services and return to his country is the weakening exchange rate between the CFA franc-currency of the Francophone countries and the Naira.If you have not guessed already, my security man,Honoree is from the republic of Benin and [...]

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    Killing corruption with people, power and technology in Nigeria

Killing corruption with people, power and technology in Nigeria

A farmer who was extorted by govt officials over land matters in northern India was so aggrieved and wanted to take his pound of flesh, so he dumped a bag of 40 snakes into the offices of the dept of land as a reprisal action.The farmers response (in the above narrative) to those who corruptly fleeced him of his hard [...]

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Exchange Rates

November 16, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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