Sunday, January 20, 2019
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    To unwise travellers from the east

To unwise travellers from the east

There is no fuel scarcity this December, but by last Saturday you had to pay N12,000 to board a rickety bus from Abuja to Onitsha. Those who could fly parted with double the amount they used to pay airlines. High transport fare is the least of the problems, however. The people of the southeast especially have not been deterred: they [...]

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    Elumelu, Amaeshi and the discourse of Africapitalism

Elumelu, Amaeshi and the discourse of Africapitalism

Mega-Entrepreneur, Tony Onyemaechi Elumelu, reached a peak in business and forayed into ideas, into the philosophy of development and resting his case in the African context. Elumelu’s detour into ideation departed from the dealings of his average peer, who would have also reached that height and then collapse into the sofa of expansionism, of some social responsibility activities or even [...]

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    Election 2019 and the meaningless campaign slogans

Election 2019 and the meaningless campaign slogans

Sloganeering and symbolism are very effective and critical tools used by marketing experts to attract and retain the attention of their targeted audience. They  are conceived with a view to ingraining messages into the memories of targeted audience through its catchy or clever appellation. As such, it is not by sheer happenstance that the most globally recognizable products and services  such [...]

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    Lawmakers booing Buhari didn’t come as a surprise

Lawmakers booing Buhari didn’t come as a surprise

"Campaign speech", "lies", "noooo" rent the air while President Muhammadu Buhari was giving a speech at a joint session of the national assembly on Wednesday.Buhari was about to lay before the lawmakers a budget proposal of N8.83 trillion for the 2019 but delivering the speech proved to be a difficult task because it appeared that some lawmakers got an opportunity [...]

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    What is the logo of your benz?

What is the logo of your benz?

Those who believe in God know that there are times He uses the unworthy vessel to work wonders. One was Moses the stammerer, who considered himself unqualified but was nevertheless picked to lead the Israelites to the Promised Land. Another was Saul, the man who went about arresting believers of Jesus but then not only turned one himself but also [...]

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    Stranded power, stranded promise

Stranded power, stranded promise

Nigerians have for long languished under debilitating incompetence of the power sector. And we are now better informed that the government should by no means be held responsible for the crisis. Rather, whiners should direct their angst at privately owned electricity Distribution Companies (DisCos) and Generation Companies (GenCos) that are operators of the seemingly jinxed sector.We have no less to [...]

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    Strong currency destroys jobs as it encourages importation

Strong currency destroys jobs as it encourages importation

Whenever I hear some of our economists proposing a stronger naira, I wonder what economic development theory on which they are basing their argument. I'm not only strongly opposed to this kind of economics; I always try to do so with enough convincing evidence to prove my case.  To believe that the strength of any economy is dependent on the strength [...]

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    The beheaded boy by Ogun River bank

The beheaded boy by Ogun River bank

Still unable to get concrete links to the killing in Benin Republic as well, investigations took the police further down Southern Africa. The police’s theory was that Boy Adam was trafficked to the UK for muti sacrifice. Muti is derived from a Zulu word called umuthi (tree) whose root is thi. Gruesome murders and mutilations are emblematic of Muti killings and they are done by excising body parts of their [...]

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    Let there be jobs!

Let there be jobs!

Five weeks ago in Lagos, I attended an event that officially announced the entry of world’s number one outdoor advertising company, JCDecaux, into the Nigerian market in partnership with Grace Lake Partners, a Nigerian investment and advisory firm led by the young entrepreneur, Mr. Ladi Delano. JCDecaux will operate in the advertising sector through Horizon Outdoor Advertising Limited, a fully [...]

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    Dear Santa, I am part of the Nigeria problem

Dear Santa, I am part of the Nigeria problem

In the past, I used to ask myself, “What has Nigeria done for me?” But these days, there is usually guilt when that thought intrudes. There is now the thought of, “What have I done for Nigeria?”I have come to understand that I have been a part of the Nigeria problem. I have been more interested in taking from the [...]

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Exchange Rates

January 18, 2019USDGBPEUR
INTERBANK306397354
LAGOS362463411
KANO361465413
PH361462412
ABUJA362462413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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