Category: Business
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…