Tuesday, February 28, 2017
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    Is fake news the new normal?

Is fake news the new normal?

Heard the latest? The Central Bank of Nigeria has been selling the elusive dollar to some end users at 61 kobo/US$1, while the rest of us are busy buying the stuff at over N500/$1 in the parallel market. Goodness Gracious! It is time to fire Mr. Godwin Emefiele as the CBN governor. He should not only be sacked, he should [...]

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    Unexplained wealth yet to be seized

Unexplained wealth yet to be seized

Time is running out for Muhammadu Buhari and his administration to achieve something tangible. Had he hit the ground running, just as Donald Trump has done with his executive orders, a lot of ground would have been covered by now. I was among those who celebrated Buhari’s election because I thought he would at least deal with looters. I even suggested [...]

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    On the withdrawal of charges against the Supreme Court 3

On the withdrawal of charges against the Supreme Court 3

If it is allowed to smell fishy for too long, the mind inevitably goes fishing in search for answers.Conspiracy theories almost always do no government any good because of the likely outcomes of its opponents keying into uncertainty to paint it bad or the people eventually stumbling on the truth. One thing I have in common with Mr Charles Adeogun [...]

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    The politics of state robbery in Nigeria

The politics of state robbery in Nigeria

Late last month, as a section of the country awaited the triumphant return of James Ibori, an ex-governor of Delta State, who was jailed, incidentally, in the UK for his egregious looting of his state’s treasury while in office, the Nigerian media landscape was abuzz with stories about the mind-boggling salaries, allowances and other perquisites of office that elected officials [...]

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    Here’s what every Twitter and Facebook user should know in Nigeria

Here’s what every Twitter and Facebook user should know in Nigeria

The recent arrest of Audu Maikori, the Chocolate City boss, has thrown up many issues. Audu’s case brings to the fore the limitations of free speech and the liability of social media users.Mr. Maikori’s ordeal despite retrieving his story on Southern Kaduna – which turned out be false – and subsequently apologizing should serve as a lesson to all social [...]

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    A dishonest political circus

A dishonest political circus

I have watched with amusement the hollow rituals of “comic tragedy” or tragicomedy, which the defection of politicians from one political party to another typifies. The polity has witnessed, in recent times, movements by some politicians who were, doubtless, respected leaders of their people up until their sudden volte-face and gravitation to other political parties, characteristically for obvious reasons.  Anytime I [...]

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    Still on Yakubu and his mountain of blood dollars

Still on Yakubu and his mountain of blood dollars

How much ‘dollars’ (if you like, put ‘money’) does a man actually need in life? How much money does a sane and rational human being need to live modestly or even comfortably without stealing, looting public funds or engaging in shady deals?Quite frankly, what type of greed makes a man acquire public funds so gluttonously without giving a damn like [...]

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    AMCON, Arik and an urgent public need

AMCON, Arik and an urgent public need

To many close observers, particularly the travelling public, the news of Arik Air, Nigeria’s biggest airline, being taken over by the Asset Management Corporation of Nigeria (AMCON) over the reported huge indebtedness of the airline wouldn’t come as a surprise.For the past few months, the wholly Nigerian airline has been in the news more for problematic reasons than records of [...]

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    With another bedridden president, Nigeria is fourth time unlucky with its choice

With another bedridden president, Nigeria is fourth time unlucky with its choice

Sometime as a columnist one is dispirited by outré news. That happened to me last week.I was still struggling with the rumour of death created by opportunists who truly wished President Muhammadu Buhari dead, when the bizarre story of the former Group Managing Director of the Nigerian National Petroleum Corporation, Mr Yakubu Andrew, showed up on my phone.Andrew carefully tucked [...]

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    VCI @ 70: An old boy’s declassified file

VCI @ 70: An old boy’s declassified file

Even as a rookie reporter with Concord Press back in 1993, I did not have to scale any big hurdle to see legal icon, Chief Gani Fewinhinmi, SAN, that very first day. Once the receptionist at his Anthony, Lagos chambers announced via the intercom that the visitor was "from Victory College Ikare", I was immediately led upstairs and ushered into his expansive [...]

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Exchange Rates

Feb 27, 2017USDGBPEUR
INTERBANK315.23391.64333.67
LAGOS440520500
KANO440520510
PH460550520
ABUJA450565525
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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