“… Likened unto a foolish man, which built his house upon the sand: And the rain descended, and the floods came, and the winds blew, and beat upon that house; and it fell: and great was the fall of it.” -Matthew 7:27 By now we all know the story of naira, the value is precipitously collapsing and its malleability threaten the dwindling Nigeria’s economy. To be candid, there … [Read more...] about The Demise of Naira – Foundation built on shifting sand
Photo News: President Buhari receives Chi Onwurah, UK Members of Parliament
President Buhari receives Rt. Hon. Ms. Chi Onwurah, Rt. Hon. Ms. Kate Osamor and Rt. Hon. Laurence Robertson, UK Member of Parliament in the Statehouse Aso Rock on 16th Feb 2016. Both Chi Onwurah, and Kate Osamor are of Igbo-Nigerian heritage. Chi Onwurah is a British of Nigerian ancestry, who was elected on the platform of the Labour Party in Newcastle Central seat in the … [Read more...] about Photo News: President Buhari receives Chi Onwurah, UK Members of Parliament
WAEC 2015: Abia and Anambra States top WAEC ranking
Written by Omotayo Yusuf NAIJ South east states top WAEC ranking, northern schools rank low The analysis of the performance of states in the 2015 West African Senior School Certificate Examination has emerged with south east states again topping the chart with their candidates obtaining the most credits in at least five subjects, including English Language and … [Read more...] about WAEC 2015: Abia and Anambra States top WAEC ranking
Nigeria interest rate at 11 %: Falling Oil Price impacts Naira and Inflation rate
The Monetary Policy Committee held its meeting at Abuja for policy rate decision and left the interest rate at 11 percent while they refrained from further devaluation of naira.But are their decisions prudent? A reasonable number of financial observers and economists believe that The Monetary Policy Committee is living in alternative planet. With the new normal of failing … [Read more...] about Nigeria interest rate at 11 %: Falling Oil Price impacts Naira and Inflation rate
Nigeria and the Apocalypse of Plunder: A Treasonable Matter?
Written by S. Okey Mbonu - Washington, DC Press Statement December 18, 2015: The matter of Sambo Dasuki and his mishandling of $2.1 billion (USD) or more, of funds purportedly earmarked for national defense, but actually shared among all manner of political associates of Mr. Dasuki, and former president Goodluck Jonathan; with or without the blessing of Goodluck … [Read more...] about Nigeria and the Apocalypse of Plunder: A Treasonable Matter?