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The online trend of getting loans as quickly as within 24 hours or less is becoming quite popular. This is as more local and foreign players joined the queue in the last one year. Although online lending platforms help in creating liquidity for employees and owners of Small and Medium Scale Enterprises (SMEs), they are…
A new storm is brewing in Kaduna. Public outrage trails the recent sacking of 4000 workers across the 23 Local Government Areas of Kaduna State. The workers across the 23 local governments had on 6 April 2021 received their disengagement letters. The development followed speculations that the Nasir el-Rufai administration was planning to downsize its…
Competition is not strange in business. The spirit of competition has that unique capacity to engender more efficient production processes or create a pathway for the invention of new or better products. It provides an avenue to help businesses identify consumers’ needs—and then develop new products or services to meet them. In the Nigerian business…
Recently, the Chairman of the Economic and Financial Crimes Commission (EFCC), Abdurasheed Bawa, made a declaration that the Bank Employees Assets Declaration Act of 1986 would be resuscitated to block loopholes created by some bankers as the country looks forward to sanitise the financial system. Bawa made this disclosure shortly after a closed door meeting…
The Chairman of Kumbotso Local Government Area of Kano State, Hassan Farawa, on 8 April 2021, stunned the public when he disclosed that he has appointed about 55 special advisers and special assistants, to facilitate what he calls “good and effective governance” of the local government. Speaking at the inauguration of the new appointees, Farawa…
A traditional proverb states that a wise man keeps his tongue. This statement is even more pungent in the area of leadership. The wisdom to say and what not to say is quite important for anyone that occupies a leadership position. Some Nigerian politicians have however failed in this regard as their utterances are replete…
Nigerian music stars have been bagging a lot of wins, recognition, and accolades, especially in the international scene. Just recently, award-winning Nigerian artistes, Davido, Burna Boy, and Wizkid were featured on the Forbes 2021 Africa Icons’ list. The list showcased 100 innovations, inventions & icons from Africa, including notable Nigerians who have all made an…
The International Monetary Fund plays a significant role in moulding economic policies of the world, including Nigeria. Accordingly, the IMF (Nigeria) Staff Country Reports gives kudos to the government in areas they reason are commendable, while offering options to areas they believe can have damaging effects on the economy. Recently, the agency released a report…
Recently, Twitter suspended the accounts of some prominent Nigerian influencers for spearheading a social media campaign to obstruct justice. The viral news exposed how many of them were deployed to sway public opinion in defence of a rich Venezuelan fugitive. Findings show that the online campaign actually took off in October but became prominent in…
It was quite surprising to many listeners of a phone-in programme of a popular radio station in Abuja that food vendors were admitting on air that they still use paracetamol tablets to “soften” meat because it helps them to spend less on kerosene, cooking gas, firewood or charcoal. According to them, no matter the quantity…
