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Home2017January

Month: January 2017

Banking

Investors Stranded As MMM Reopens | Punch

January 14, 2017 Omoniyi Osadare 0

Mavrodi Mondial Moneybox, a Ponzi scheme known simply as MMM, on Friday opened for business after one month of break, but investors in the scheme have remained stranded as they still cannot access their funds. […]

Business

Naira Falls To 497 As Dollar Demand Rises By Oyetunji Abioye

January 14, 2017 Omoniyi Osadare 0

The naira fell to 497 against the United States currency at the parallel market on Friday as dollar shortages continued to hit the market. Economic and currency experts have predicted that the naira will likely […]

Business

Inflation Rises To 18.55%, Says NBS By Ifeanyi Onuba

January 14, 2017 Omoniyi Osadare 0

The National Bureau of Statistics on Friday released the Consumer Price Index, which measures inflation, with the index rising by 18.55 per cent in the month of December. The bureau, in a report that was […]

Issues/Policy

Nigeria’s Sex Toy Market Booms In Recession’s As More People Turn to ‘Jessica Rabbit’ For Pleasure

January 14, 2017 Omoniyi Osadare 0

In the midst of the biting economic crisis facing many Nigerians, forcing many to go as far as committing suicide, a sub-sector of the Nigerian economy is booming bringing smile to the faces of people […]

Religion

FRC Dilemma and Religious Dimension By Dele Owolowo

January 14, 2017 Omoniyi Osadare 1

Dear Mr Disu I hope I meet you well sir? On the issue above which you dealt with on the front page news edition of Friday 13th, the points you raised are of profound depth. […]

Religion

Beware of Jealousy/Envy/Hasad, By Murtadha Gusau

January 14, 2017 Omoniyi Osadare 0

In the Name of Allah, the Most Gracious, the Most Merciful Verily, all praise is for Allah, we seek His help and His forgiveness. We seek refuge with Allah from the evil of our own […]

Politics

The Dangers of Exclusion: Lessons for Africa from Brexit and the US Elections, By ‘Dapo Oyewole

January 14, 2017 Omoniyi Osadare 0

…in the shadow of ‘Brexit’, the rise of Trump and based on lessons from its own history, Africa has a chance to avert the dangers that come with economic and political exclusion. It can do […]

Politics

Is There An Obama Legacy In Africa?, By Simbo Olorunfemi

January 14, 2017 Omoniyi Osadare 0

It is in choosing to touch the lives of young Africans, raising leaders and entrepreneurs who can impact lives and widen the net of impact that Barack Obama leaves a legacy in Africa… Barack Obama […]

Issues/Policy

Time To Stop the Hate, By Ayodele Adio

January 13, 2017 Omoniyi Osadare 0

Where is our humanity? What is it that makes mankind hostile to the unfamiliar? Why does our diversity trigger hate rather than embrace it? It is true that the values we uphold are those that […]

Issues/Policy

Soul Brother, Obama, By Owei Lakemfa

January 13, 2017 Omoniyi Osadare 0

Obama stands on the shoulders of giants like Frederick Douglas, Harriet Tubman, Marcus Garvey, Malcolm X, Martin Luther King Jnr, Huey. P. Newton, Bobby Seale, and one of the greatest Americans and humanist of all […]

Issues/Policy

Obazee and Accounting for God’s Money On Earth, By Jibrin Ibrahim

January 13, 2017 Omoniyi Osadare 1

His rashness aside, Mr. Jim Obazee has raised issues of accountability that should not be disregarded in the review process that is to follow. He argued that: “In keeping other peoples’ money, you have to […]

Banking

CBN to BDCs: We Won’t Devalue Naira

January 13, 2017 Omoniyi Osadare 0

The Central Bank of Nigeria (CBN) has told Bureau de Change (BDC) operators it does not intend to devalue the naira and will support it at current levels, especially with a recent rise in oil […]

Issues/Policy

Army Sues Premium Times over Alleged False Publication | ThisDayLive

January 13, 2017 Omoniyi Osadare 1

The Nigerian Army has told its lawyers to institute legal action against Premium Times, an online news site for allegedly publishing series of false and malicious news against the Nigerian Army and the Chief of […]

Aviation

Executive, Legislature’s Disagreement over Closure of Abuja Airport Deepens

January 13, 2017 Omoniyi Osadare 0

A showdown between the executive and the legislative arms of the federal government appears imminent over the proposed six weeks closure for repairs of the Nnamidi Azikiwe International Airport, Abuja. Although the Senate had on […]

Issues/Policy

If We Don’t Tame Religion In Nigeria, It Would Kill Us – Soyinka

January 13, 2017 Omoniyi Osadare 0

ABUJA — Nobel Laureate, Professor Wole Soyinka, has condemned the manner President Muhammadu Buhari and Governor Nasir el-Rufai of Kaduna State handled the killings in Southern Kaduna. Indigenes of Southern Kaduna claimed that more than […]

Religion

Changes At Redeemed Church: Obazee Vowed To Remove Adeboye – RCCG

January 13, 2017 Omoniyi Osadare 0

LAGOS — THE Redeemed Christian Church of God, RCCG, yesterday, said the sacked Executive Secretary/Chief Executive Officer of the Financial Reporting Council of Nigeria, FRCN, Mr. Jim Obazee, had vowed to remove the General Overseer […]

CRIME

Nigeria To Lose Another $550m Abacha Loot In US By Victoria Ojeme

January 13, 2017 Omoniyi Osadare 1

ABUJA — The Federal Government, yesterday, stated that the United States was reluctant to release over $ 550 million to Nigeria, being proceeds from identified Gen Sani Abacha loot in the country. Special Adviser to […]

Government

Looking Beyond N5,000 Stipend Scheme | Punch

January 13, 2017 Omoniyi Osadare 0

A scheme to cushion the effects of excruciating poverty on the poorest members of the society has begun with the Federal Government’s monthly payment of N5,000 stipend to each of those categorised as such in […]

Issues/Policy

Is Delay In Appointment of Substantive CJN Helpful To Judicial Reforms?

January 13, 2017 Omoniyi Osadare 0

It is not even helpful to the wheel of judicial progress in Nigeria. I know people would come with the argument that acting is like substantive, but it is not. It is not in the […]

Issues/Policy

Workers’ Protest: IG, Bring Killer-Cop To Justice

January 13, 2017 Omoniyi Osadare 0

DEMOCRATIC rule has yet to curb the appetite of the police to kill indiscriminately. A workers’ protest in Lagos, which turned fatal after the police intervened, is symptomatic of the cruel methods employed by our […]

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