Category: Opinion

By Abiodun Olusoga Fanoro President Muhammadu Buhari last week Thursday broke his own record when against his tradition since he assumed office, he made a sudden nation-wide broadcast on crisis, suffering, violence and blood-letting that accompanied the ill-timed Naira redesign and its twin brother, artificial fuel scarcity; all induced and imposed on hapless Nigerian masses […]

By Adolphus Aletor Mr. Godwin Emefiele, the Governor of the Central Bank of Nigeria, will go down in history as the busiest and the most castigated CBN governor in the history of Nigeria. The past few days have seen attacks on commercial banks branches, which the Governor superintends due to banks’ failure to dispense cash […]

Overall, Emefiele has proven more of an awful manager of the monetary policy and the entire affairs of the apex bank. By default, his judgment is suspect and in saner climes, he would have been relieved of that critical office for the good of all. First, he is partisan and a bizarre interested party in […]

ANARCHY is brewing again 30 years after the felonious annulment of the 1993 presidential election gave way to an illegal interim government contraption that was swept away by military dictator, Sani Abacha, three months later. Openly, political gladiators, including some incumbent state governors, are suggesting that plans are afoot to install an interim government at […]

By Samuel Agbelusi The Central Bank of Nigeria (CBN) on October 26 2022, announced the introduction of redesigned N200, N500 and N1,000 banknotes into the financial system. According to CBN, the redesigned denominations of N200, N500 and N1,000 naira notes and new limits on large cash withdrawals would help curb money laundering and make digital […]

By Ayo Oyoze Baje Millions of innocent and law-abiding Nigerians did not see this coming. One is talking of course, about the Naira swap saga that has seen an unexpected wave of cash crunch visited on the long-suffering populace without the brains behind it considering the grave implications on them. If, according to the Central […]

President Muhammadu Buhari acknowledge cheers from supporters President Muhammadu Buhari-led administration has a duty to apologise to Nigerians for the failure in implementing the redesign policy of the naira and swapping old currencies with the new N200, N500 and N1000 notes. The government has an even more sacred duty to apologise for the unprecedented, horrendous […]

By Dan Agbese At long last President Buhari condescended to address his fellow Nigerians on his controversial monetary policy – the so-called redesign of three denominations of the national currency, on February 16. He did what he should have done from the beginning to inform and educate the public on why he chose to do […]

By Tunde Odesola Let’s sail back in time on the waves of mythology to catch up with the folklorish dog and its fierce loyalty. Once upon a time, goes a Yoruba tale, there was famine in the entire animal kingdom. The famine was so ferocious that animals died transfixed while walking, crawling, crouching, climbing and […]