Friday, September 21, 2018
Advertisement
    The Nigerian Federation vs MTN

The Nigerian Federation vs MTN

Does the federal government want to chase foreign investors away from Nigeria? This is one of most frequently asked questions since the Central Bank of Nigeria (CBN) asked MTN to refund the $8.1 billion it repatriated as profits out of Nigeria from 2007 to 2015 based on “irregular certificates of capital importation”. CBN also fined four banks N5.8 billion over [...]

0 comments Read Full Article
    Buhari’s takeaways from Beijing summit

Buhari’s takeaways from Beijing summit

Heads of State, Governments and delegations from 52 African countries, which includes Nigeria and the People’s, Republic of China met in Beijing, under the auspices of the Forum on China and Africa Cooperation (FOCAC).The tri-annual summit was held with the theme: “China and Africa: Towards an Even Stronger Community with a Shared Future through Win-Win Cooperation.”President Muhammadu Buhari led a [...]

0 comments Read Full Article
    No, Mr President, illegal immigrants are your trouble

No, Mr President, illegal immigrants are your trouble

Three years into what increasingly looks like his first term in office, President Muhammadu Buhari still appears not to have come to an understanding of the compassion and citizen deference that modern democratic leadership demands. If those were in his contemplation, his comment, last week, to the effect that illegal immigrants from Nigeria were on their own would never have [...]

0 comments Read Full Article
    Why MTN, again?

Why MTN, again?

It seems MTN is never too far from the speed dial to trouble. Three years ago, the telco, which has the dominant share of the mobile telecoms market in Nigeria, was slammed with a $5.2 billion fine for failing to disconnect 5.1 million subscribers after the registration deadline.After a back-and-forth, a bloodied nose and a shake-up in which the Chief Executive Officer [...]

0 comments Read Full Article
    ‘In defence of history’

‘In defence of history’

I cannot now remember exactly how I first encountered this phrase: “In defence of history”. But I think it was during my days on the Editorial Board of The Guardian newspaper, between mid-1980s and mid-1990s. The specific source must have been Odia Ofeimun, a friend and colleague that I had met and engaged about seven years before I landed in [...]

0 comments Read Full Article
    Debts: Road to second slavery

Debts: Road to second slavery

Obi Nwanodozie is a little less than four years and is born into a farming family with tremendous landed assets in a rural community near the commercial heart land of Abia State known as Ntigha in Isiala Ngwa Local government Area.  Obi’s father, Mr. Eze is a big time farmer but had made up his mind to go into the business [...]

0 comments Read Full Article
    This disease called ‘I am not aware’ afflicting people in high places

This disease called ‘I am not aware’ afflicting people in high places

A scrum of police officers invades the residence of a respected Ijaw leader – Edwin Clark. The invaders claim they are acting on the order of Ibrahim Idris, inspector-general of police (IGP).These invidious executers of tyranny spend more than two hours rummaging through the “boxers, socks, hats, bead necklaces, soup pots, cellar and cutlery” of the Ijaw chief, but [...]

0 comments Read Full Article
    A recall of history as Danjuma addresses House of Lords

A recall of history as Danjuma addresses House of Lords

General Theophilus Yakubu Danjuma – former Chief of Staff of Nigerian Army, and erstwhile Minister of Defence – will today address the British House of Lords on the seemingly intractable herdsmen attack and its implications for ethnic minority rights and stability in Nigeria. General Danjuma will be accompanied to the forum by Archbishop Ben Kwashi, the Anglican Bishop of Jos.The [...]

0 comments Read Full Article
    This is how NOT to choose Nigeria’s next president

This is how NOT to choose Nigeria’s next president

The race to 2019 began in 2015, but the last lap of this marathon started in 2018, with the scheming and plotting getting thicker and thicker by every passing day. Everyone wants to be president!Muhammadu Buhari, Bukola Saraki, Atiku Abubakar, Jonah Jang, Rabiu Kwankwanso, David Mark, Aminu Tambuwal, Donald Duke, Remi Sonaiya, Kingsley Moghalu, Omoyele Sowore, Fela Durotoye... by now, [...]

1 comment Read Full Article
    Atiku and Buhari: The rich also cry

Atiku and Buhari: The rich also cry

In 2011, a few days before the presidential election, a retired army general broke down in tears while lamenting the problems confronting Nigeria, same way every past president lamented before taking over power, either through bullets or ballots.The venue was the International Conference Centre, Abuja. General Buhari broke down in tears at the event organised by the party—to mark [...]

0 comments Read Full Article
Advertisement

Exchange Rates

September 21, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
Advertisement
Advertisement
Advertisement