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The old saying that it is improper to keep repeating one thing over and over again but expecting a different result cannot be overemphasised in the case of Olayemi Cardoso, the Central Bank of Nigeria (CBN) governor, and the Monetary Policy Committee. The headline inflation rate reads 32.15 per cent, which is one of the […]

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has announced that over ₦13 billion in diverted public funds was recovered in September 2024 alone.   The Chairman of the ICPC, Musa Aliyu, disclosed this during the launch of the commission’s 2024-2028 strategic action plan in Abuja on Wednesday.   Aliyu, who emphasised that […]

President Bola Ahmed Tinubu will depart Abuja today for the United Kingdom to begin a two-week vacation, part of his yearly leave.   He will use the two weeks as a working vacation and a retreat to reflect on his administration’s economic reforms.   He will return to the country after the leave expires.

  The Dangote Petroleum Refinery was expected by many Nigerians to be the end to petroleum importation and petroleum product scarcity in Nigeria. Sadly, the actualisation of this expectation has been an up-hill and almost an insurmountable task. This is because of the position of the Nigerian National Petroleum Corporation Limited, NNPC Ltd., on the […]

Customers of Zenith Bank have taken to social media platforms to express their frustration over difficulties with online banking transactions.   They reported challenges in making payments and using various payment features on X on Tuesday, following a notification from the bank on Saturday that it would undergo maintenance from September 29 to October 1. […]

The Nigerian National Petroleum Company Limited, NNPCL, has allocated a total of 48.6 million barrels of crude oil to Dangote Petroleum Refinery in the past 10 months, Vanguard investigations have revealed.   Details of the deliveries contained in official data on the transaction sighted by Vanguard showed that 3.4 million barrels (mb) were supplied in […]

  The Peoples Democratic Party (PDP) on Tuesday said the 64th Independent Day Speech of President Bola Tinubu further confirmed the “insensitivity of his administration towards the plight and demands by Nigerians”.   In a statement, PDP spokesman Debo Ologunagba said the President’s speech showed no hope in sight under the “clueless, insensitive and unresponsive […]

Without equivocation, the ridiculous promise by President Bola Tinubu not to abuse the executive-judiciary relationship is disingenuous and a farce, and should be taken with a pinch of salt. Tinubu’s pledge rings hollow, because his storied history of undermining democracy, manipulating the legal system, and abusing state power to crush dissent is well-documented. To believe […]

By Elizabeth Adegbesan There are indications that the nation’s currency has come under fresh demand pressure in the parallel market with significant depreciation recorded in the past week. Yesterday, parallel market dealers traded at N1,705/ $1.00 down from N1,655/$1.00 a week ago, with sustained day-to-day slide. Vanguard’s Naira watch indicates the steady slide is happening […]Read More

On May 5, 2024, I was in Ethiopia taking a city tour of the ancient outskirts of Addis Ababa. I was having a grand old time. Here are some pictures to prove it.I gave him a signed copy of my newest book. Very nice guy.Sometime during the day, in the course of exploring the palace […]

Donor funds from eccentric American billionaires and shadowy Western government institutions are funding African NGOs involved in political and economic sabotage on the continent.I explore why this is happening.Subscribe now