Category: Business
Covid -19: Nigeria’s Economy Evaporates
Ludo naija (one of hundreds of similar apps ) is a popular app on most phones in Nigeria precisely because of two reasons. First “Ludo“, as the…
Covid-19: Locking a Part Shuts Down Nigeria
“How many ventilators do you have in Nigeria “? an AIT reporter asks Nigeria’s minister of health, Dr. Osagie Ehanire”I can’t say how many”, after…
At $30 Pb, Nigeria’s Oil Anguishing to Uselessness
With crude oil prices evaporating everyday as Covid-19 bites deeper and demand crawls, nations that depend on crude oil sales are in for a major…
Falling Naira: A Poorly Diagnosed Ailment is About to Grow Worse
My sister and I had a joke Thursday morning about why( despite its recklessness) Nigeria is not being wiped out by #coronavirus. We both agreed…
Buhari: Free Visas and Closed Borders. Endless Recklessness
Just when you think that the Nigerian enterprise as run by Mohammadu Buhari, its whimsical president, can’t get any worse, you get hit by yet…
Nigeria: O’Pay and The Chinese Takeover of Everything
Yellow cabs in Lagos began to disappear when Nigeria’s currency, the Naira, headed South and never to return. The roads also made it impossible to turn…
Nigeria And Taxes: I Said I Love You But I Lied
“You are taxed when you deposit money, taxed when you take money”.Some Nigerians whine. “Yesterday, I woke up and I got several debit alerts. 4 Naira,…
Nigeria’s 2020 Budget: Going Nowhere Too Fast
Nigeria’s 2019 budget wasn’t passed until July ,3 months ago and the government is deploying very severe means to raise cash to fund it. VAT…
Emefiele: Re-enforced Incompetence
Emefiele: Re-enforced Incompetence On January 27,2016, the Naira lost 25% of its value against the dollar and then on February 2,a week later, the NNPC,…
Banking: Debits Without Cash and “Normal” Problems
On January 23, this year, I made a POS transaction the print out of which read : “declined” .I received a debit alert to that…