The recent fire outbreak that ravaged the popular Apongbon under bridge market in Lagos Island was not an isolated incident. It re-enacted what has become
As Telecommunications operators in the country brace up to obey the Federal Government’s directive to bar Subscribers Identification Module (SIM) cards that are not linked to National Identification Number (NIN), a problem that lingers is about privacy of the citizens.
In an age when, and a place where moral values and a sense of propriety seem to have taken flight away from the realm of leadership, where integrity and all that it connotes have become unfashionable among Nigerian...
Public vituperations that greeted the barbaric display on Obafemi Awolowo University (OAU) the other day are very much in order as a check on the excesses of persons bent
The higher level to which terrorism is being taken in the country leaves no room for doubts that rather than the much bandied story of terrorists having been largely decimated, they are actually waxing stronger.
The conviction of Ms. Pearl Ogbulu, the Erelu Okin of the ‘Petroleum Souvenir’ fame to 27 months imprisonment by the Lagos Special Offences Mobile Court, is an invaluable lesson to persons...
Undignified conduct of two erstwhile first ladies in Anambra State the other day relives the significance of spouses in the leadership recruitment process.
To maximise profit, forex buyers (end-users) always seek the cheapest forex price available. Accordingly the SFM-determined exchange rate paid by the apex bank tended to N379/$1 less 3.0 per cent......
For the sake of sound economic results, it is imperative to abide by relevant provisions of the Central Bank Act 2007, the Fiscal Responsibility Act 2007 and the yearly Appropriation Act
The prevailing high lending rates have led to very high unutilised bank lending capacity with the proportion of domestic credit to the private sector as a proportion of GDP as low as 12.1 per cent in 2020 according to the World Bank.
The 2022 Appropriation Act fixed the naira exchange rate at N410.15/$1. But six days into the fiscal year, the Central Bank of Nigeria (CBN), as it is wont to do, unilaterally and ultra vires devalued the naira. That action appears to be in response to International Monetary Fund’s (IMF) calls for naira devaluation to pave…