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Home2016January

Month: January 2016

No Picture
Economy

Naira drops to 302/dollar, stocks near 3½-year low by Stanley Opara and ’Femi Asu

January 14, 2016 Omoniyi Osadare 0

The Naira extended its decline against the United States dollar on Wednesday, falling to 302 at the parallel market, down from 300 on Tuesday. The currency had sunk to a record low of 300 per […]

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Law

CJN and the burden of justice By Josef Omorotionmwan

January 14, 2016 Omoniyi Osadare 0

UNEASY lies the head that wears the crown. Lately, the Chief Justice of Nigeria, CJN, Justice Mahmud Mohammed, has cried out twice on the fate of the Nigerian Judiciary. At first, he expressed deep concern […]

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Politics

Fathers and sons Incorporated By Is’haq Modibbo Kawu

January 14, 2016 Omoniyi Osadare 0

ONE of the most significant issues of recent revelations of high wire corruption in Nigeria today, is the way that leading politicians have brought their children into the corruption loop. Top Nigerian politicians are appearing […]

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Issues/Policy

Oshodi: Between sentiment and development By Ololade Ajekigbe

January 14, 2016 Omoniyi Osadare 2

The demolition of Owonifari market in the popular Oshodi area of Lagos State on Wednesday, January 6, has understandably resulted in plenty of uproar among Lagos residents and observers alike. The market which has been […]

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Politics

Rule of Law as the Refuge of Scoundrels, By Ogaga Ifowodo

January 14, 2016 Omoniyi Osadare 0

Dasuki and Kanu should be released because the eyes of the world are on them. Even if they were inclined to jump bail, they might run far but would never be able to hide. Besides, […]

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Economy

The danger in Naira devaluation By Sule Magaji

January 14, 2016 Omoniyi Osadare 0

DEVALUATION means official lowering of the value of a country’s currency relative to other foreign currencies. Currency depreciation refers to falling exchange value of a currency for other foreign currencies as a result of the forces of demand and supply which […]

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Issues/Policy

This tale of two cities By Yakubu Mohammed

January 14, 2016 Omoniyi Osadare 0

THE news of the poverty and extreme deprivation coming from various parts of the country today is, to say the least, depressing. To put it mildly, the condition of the average Nigerian today is soul […]

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Security

The technical defeat of Boko Haram By Sunday Eze

January 14, 2016 Omoniyi Osadare 0

LIKE other belligerent groups before it, the end of Boko Haram insurgency is certain. Ni­gerians look forward with enthusiasm to its impending doom’s day. Between technical, marginal or complete defeat of the sect, the promise […]

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Issues/Policy

MIND YOUR MIND by TOLA ADENIYI

January 14, 2016 Omoniyi Osadare 0

The subject and study of Mind has been very intriguing to me that I thought I should share my curiosity and the very thought of it with my readers. I had started scribbling down the […]

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Health

Nigeria’s capital, Abuja, records Lassa fever death …… PREMIUM TIMES

January 14, 2016 Omoniyi Osadare 0

Nigerian health authorities have announced the death of a Lassa fever victim in Abuja, the first fatality in the nation’s capital since the latest outbreak in November 2015. The minister of health, Isaac Adewole, made […]

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Economy

Dangote to Meet Nigeria’s Fuel Needs as State Refineries Age ………. BLOOMBERG

January 14, 2016 Omoniyi Osadare 0

After waiting in line for more than four hours to buy gasoline in Nigeria’s capital, Abuja, taxi driver Adebayo Olawole considered himself fortunate he got a half-filled tank. The day before he got to the front of the line and was told there was none left. “I’ve not made any money in two days,” Olawole, 38, […]

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Law

N13bn fraud: EFCC arraigns Tompolo, Akpobolokemi today ………. PUNCH

January 14, 2016 Omoniyi Osadare 0

A Federal High Court in Lagos has ordered an ex-Niger Delta militant leader, Government Ekpemupolo, popularly known as Tompolo, to unconditionally appear before it on Thursday (today) to answer 40 counts of alleged N13bn fraud […]

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Economy

$200m World Bank loan for Lagos to tackle infrastructure ………. NATION

January 14, 2016 Omoniyi Osadare 0

The Federal Executive Council (FEC) yesterday approved a $200 million World Bank loan for Lagos State. It is the second tranche of a $600 million loan which the state will spend on roads and other […]

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Economy

Naira at lowest level in 43 years, now N305/dollar ……… VANGUARD

January 14, 2016 Omoniyi Osadare 0

LAGOS—The financial sector appears to have entered a heightened pressure, yesterday, as both the foreign exchange and stock market sustained major negative trends. The Naira depreciated further to a 43-year low at N305 per dollar […]

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Politics

More from the cesspool of Dasuki’s arms scandal By Rotimi Fasan

January 13, 2016 Omoniyi Osadare 1

WHEN at first Sambo Dasuki, a former National Security Adviser in the Goodluck Jonathan Administration was slammed with a cocktail of charges including money laundering, illegal possession of arms and misappropriation of funds meant for […]

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Issues/Policy

‘Why shouldn’t I be corrupt if it makes my life easier?’ By Tabia Princewill

January 13, 2016 Omoniyi Osadare 0

I received an unfortunately high number of emails last week from readers attempting to excuse those involved in #DasukiGate. I was not just appalled but flummoxed: how does one reason, overlook or explain spending money […]

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Politics

Nigeria’s National Assembly: A House of Thieves and Blackmailers, By Olusegun Obasanjo

January 13, 2016 Omoniyi Osadare 0

For me to be here today, Justice Akanbi telephoned me that he would come to see me. I protested, saying that he should say what he would want me to do and it would be […]

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Religion

Still on Bishop Kukah’s attack on Islam By Mohammed Haruna

January 13, 2016 Omoniyi Osadare 0

Likely as not, Abdulmalik Jada, who said he has been a regular reader of this column since 2007, will be disappointed this morning with this column. Of the over 80 texts and about 10 emails […]

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Issues/Policy

Nigeria’s Hall of Shame By Dele Agekameh

January 13, 2016 Omoniyi Osadare 0

For some time now, the war being waged by the President Muhammadu Buhari-led administration against corruption has continued to occupy centre stage in national discourse. For one, the figures involved are as mind-boggling as they […]

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Politics

Revisiting Buhari’s media chat By Uche Igwe

January 13, 2016 Omoniyi Osadare 0

During President Muhammadu Buhari’s maiden media chat a few weeks ago, a few points struck me which I wanted to raise. However, I could not do so because of the kind of divisive conversations that […]

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