Opinion

Months after the Nigerian digital currency, the eNaira, was announced, they still have not told us what exactly it can achieve that is not already possible. From everything they have said so far, eNaira seems like a duplication of existing efforts in the electronic banking sector. After an initial false start and several technological hitches, Central Bank of Nigeria finally launched the eNaira on Monday at the State House in the Federal Capital Territory. The occasion was a chance to address the question of the point of the eNaira but President Muhammadu Buhari did not go beyond echoing the same…
After all, the naira as is, is already quite digital, isn’t it? Nigeria does have one of the most sophisticated financial systems in the world – especially in terms of payment systems. This is probably necessitated by the fact that because of our low per capita income and the informal structure of the economy, so many Nigerians altogether have to make millions of small transfers daily, especially to dependants. In developed countries, this is not the case. A typical worker abroad has all the debits – for rent or mortgage, insurance, taxes, tenement, loans and so on, set up such…
A verbal tiff between two prominent Nigerian politicians recently threw up a debate on which counts or counts more in judging the worth of a person and his importance to the society – his pedigree or personal character and accomplishments? The two gladiators who stirred the controversy are no other persons than Rivers State Governor, Nyesom Wike and former Aviation Minister, Femi Fani-Kayode (FFK). Wike had likened the ex-minister to his late dad; the flamboyant former Deputy Premier of the defunct Western Nigeria in the First Republic on whom, he hung the infamous credentials of duplicity, treachery and unorthodox and…
Oga, mek we kill am!, the gangling police constable had told my father. This was sometime in the early 1980s and the scene was the ever busy Ilesa-Akure expressway, in the old Oyo, now Osun State. My father, an Inspector in the Nigeria Police Force (NPF), headed the Ilesa Signals Corps of the police. However, short of officers to lead police patrols, in the light of the ever-bludgeoning criminal activities in the Ife-Ijesa zone of the time, the Divisional Police Officer authoritatively yanked the Inspector from his signals unit office drudgery. He then drafted him to the road. On this…
Sunday, 24 October 2021 06:06

From victory to victory! - Taiwo Akinola

But thanks be to God, which giveth us the victory through our Lord Jesus Christ ~ 1 Corinthians 15:57. Introduction: Naturally, life is full of challenges, difficulties and trials. But, as believers, we have the unfailing assurance of triumph and victory in our journeys through life (2 Corinthians 2:14). Victory is very sweet, defeat is painfully bitter! That is why, no matter the challenges we face in life, God always wills that His people should shout ‘victory’ at last. He helped saints of old to victory — Moses, David, Elijah, Elisha, Joshua, Samson, Deborah, Esther, Paul, Peter etc; He can…
If you answer the phone and discover that the call is from the president of your country, you can imagine how excited you would be. Your mind might make a 100-metre dash, concluding that the call is about some appointment or promotion, or something of grandeur and prestige. You might Walter Mitty that: “The president wants to make me the Ambassador to the Court of St. James. Or he wants to make me a strategic and powerhouse minister in his government. It can also be that he wants to make me the Board Chairman of some highfalutin parastatal.” When King…
This topic reminds me of two recent personal incidents. I was in the office on the morning of Tuesday, July 13 when a colleague rushed in with his phone. He seemed quite animated, but there was also an edge of anxiety about him as he thrust his phone forward, stopping mid-speech, and asking me to speak with the caller. I didn’t know who it was. So, I motioned to my colleague to end the call first and sit down. He did, collected himself, and spoke. A federal minister, one of the very influential ones in this government, had just called…
“It is the mark of an educated mind to be able to entertain a thought without accepting it” – Aristotle. Those who profess to favour freedom and yet depreciate agitation are people who want crops without ploughing the ground; they want rain without thunder and lightning; they want the ocean without the roar of its many waters – Frederick Douglass. Today marks the first anniversary of #EndSARS! One prayer the Muhammadu Buhari administration must have prayed is that no one remembers the anniversary! But prayers having failed, the administration, employing a servile police force utterly lacking in professionalism, pulled the…
This week marked the first anniversary of the #EndSARS, the mass demonstrations against police brutality that shook Nigeria and culminated in a brutal crackdown on the protesters by soldiers drafted to the Lekki tollgate, Lagos State. As we all recall, the protests began as a social media campaign against the notorious Special Anti-Robbery Squad, an elite unit in the police reputed for its excessive use of force, cruelty, unlawful arrests, torture, extrajudicial killings, and flagrant abuse of the law. In response to the protests, the government disbanded SARS but almost immediately replaced it with another agency just like SARS. The…
In demonstrating how some of the world’s most powerful people hide their wealth, the Pandora Papers have exposed the details of a global system whose basic contours were already well known. Property laws have long been written by and for the wealthy, giving the public ample reason to suspect that the system is rigged. The “Pandora Papers,” a new investigation led by the International Consortium of Investigative Journalists, has fueled outrage around the world. Politicians, businesspeople, sports stars, and cultural icons have been caught in the act of hiding their wealth and lying about it. But how likely is a…
November 23, 2024

NNPC not delivering quantity of crude oil agreed on, Dangote refinery says

The federal government's plan to sell crude priced in the local currency is faltering, with…
November 24, 2024

PDP governors urge Tinubu to review economic policies amid rising hardship

Governors elected on the platform of the Peoples Democratic Party (PDP) have called on President…
November 24, 2024

Older adults opened up about things they ‘took for granted’ in their 20s and 30s

Last month, we wrote a post where older adults from the BuzzFeed Community shared things…
November 16, 2024

Influencer eats pig feed in extreme attempt to save money

Popular Douyin streamer Kong Yufeng recently sparked controversy in China by eating pig feed on…
November 22, 2024

FG excited as pro-Biafra agitator Simon Ekpa arrested in Finland on terrorism charges

Simon Ekpa, the controversial leader of the pro-Biafra faction Autopilot, was arrested by Finnish authorities…
November 24, 2024

What to know after Day 1004 of Russia-Ukraine war

WESTERN PERSPECTIVE Putin signs law forgiving debt arrears for new Russian recruits for Ukraine war…
November 21, 2024

Nigeria comes top in instant payment system inclusivity index in Africa

Nigeria’s instant payment system is projected to advance to the maturity inclusion spectrum ahead of…
October 27, 2024

Nigeria awarded 3-0 win over Libya after airport fiasco

Nigeria have been awarded a 3-0 victory over Libya, and three vital points, from their…

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