Thursday, April 27, 2017
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    Fake News as big business

Fake News as big business

Fake news is a commodity – a commodity with a business model behind it; a commodity with active demand and supply.In those days at The Guardian Newspapers, Rutam House, if reporter was lucky to have his story on the front page of the paper, he perhaps had to look well to be sure it was his, even with his by-line [...]

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    Here is how to get those monies buried in farmlands

Here is how to get those monies buried in farmlands

Many believe that there are two classes of Nigerians who keep huge cash at home: prominent Nigerians, who might be corrupt, and uninformed citizens. Thus, anytime large sums of money are found in a politically exposed person’s home, the public wastes no time in drawing conclusions.The federal government even says it has credible information that some Nigerians are keeping illicit [...]

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    NIA and the messy $43m: Memo to Buhari

NIA and the messy $43m: Memo to Buhari

Since last week, the National Intelligence Agency (NIA), the foreign intelligence arm of our nation’s intelligence network, has been in the news for the most annoying, baffling and wrong reasons. The shocking discovery of $43m( about N13bn) by the Economic and Financial Crimes Commission (EFFC) in a plush Osborne Ikoyi flat, allegedly hidden by the NIA for reported covert operations, [...]

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    Democracy, opportunism and APC

Democracy, opportunism and APC

The Weekly Trust of Saturday 4th March 2017 (Page 39) carried an interview with Chief Okoi Obono-Obla in which several misleading accusations bordering on my political convictions and engagements in the formation of the All Progressives Congress (APC) were made against my person. Chief Obla made the claims in his bid to promote his new book titled ‘All Progressives Congress: The [...]

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    Ghost dollars, grotesque state

Ghost dollars, grotesque state

Like a typical Shakespearean comedy, the great dollar find in Lagos penultimate Thursday following a whistleblower's tip-off seems to have inadvertently bequeathed to the public space a slew of memorable jokes - some quite libelous.In the ensuing orgy of finger-pointing, someone would ask that his quarry be made to excrete more of the alleged loot so that the latter's now [...]

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    Sanusi: Herdsman, iconoclast or pretender?

Sanusi: Herdsman, iconoclast or pretender?

Sarkin Kano, Sanusi Lamido Sanusi, is in the eye of the storm and it seems the only way he can overcome it is to remain controversial.I was at an event in Lagos in October where he was also present as special guest. In an extempore speech, he said he had decided to stay out of the headlines, especially after government [...]

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    Ikoyi money recovery and mess following 

Ikoyi money recovery and mess following 

Just 24 hours after The PUNCH columnist, Abimbola Adelakun, wrote about the needless spectacle that the Economic and Financial Crimes Commission brings to its work, the agency out-performed itself in a most unforgettable way.Like a man widely known to possess a rotten dentition whose pastime is routinely flashing his teeth at every stranger, the EFCC swooped on an apartment in [...]

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    The cover-up inside Buhari’s presidency

The cover-up inside Buhari’s presidency

Why the cover-up? What is Aso Rock hiding from Nigerians? Who is the Buhari administration seeking to protect? And why is this Presidency exhibiting the traits of a confused administration that has a scandal on its hands but is looking for a way to cover up its shame and embarrassment? I’m talking about the $43m, £27,000 and N23 million discovered [...]

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    Power generation companies are near exhaustion

Power generation companies are near exhaustion

In these times of challenge in the electric power sector, it is apt to present some facts to the general public in order to appreciate the nature of the challenge in the sector.This piece comes in the form of posers:Do you know that energy is the life blood of the nation and the fuel for economic development?Do you know that [...]

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    Let us discuss domestic tourism

Let us discuss domestic tourism

Eurocentric approach and methodologies has always failed Nigeria when it matters most. Truly as much as one believes that there are tourism lessons to learn from the next successful man but the fact that what worked for him may not in the long term, work for me which is also reasonable and objective.In tourism, consumers respond to products on global [...]

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Exchange Rates

April 27, 2017USDGBPEUR
INTERBANK310.50400.51338.25
LAGOS388497420
KANO387495417
PH390500420
ABUJA388497420
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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