Politics will not be the same again in the United States of America, particularly in Washington, DC, where old-school politicians are keenly watching with trepidation as President Donald J. Trump, on January 20, transitioned from the 45th to the 47th president. The palpable fear is driven by the impending rollout of his revolutionary … Read more
The phrase “It’s the economy, stupid” gained prominence during Bill Clinton’s successful 1992 U.S. presidential campaign, thanks to strategist James Carville. It served as a directive to campaign staff, urging them to focus on key economic issues to sway voters. In a similar vein, the title of this piece—“Detty December: It’s the Currency … Read more
In response to the Central Bank of Nigeria’s (CBN) proposal for a 70% tax on the excessive profits banks made from naira devaluation in 2023—profits which increased by at least 51% due to President Bola Tinubu’s economic reforms—there has been a noticeable rise in banks’ philanthropic activities. The proposed excess profits tax, or windfall tax … Read more
December in Nigeria is typically associated with end-of-year festivities: corporate parties, funfairs, family gatherings, concerts, and musical performances. Its celebratory nature has become so prominent that Gen-Zs and Millennials coined the term ‘Detty December’ to capture the excitement. However, this December has not only been “Detty” but tragically unforgettable for all the wrong reasons. For … Read more
The popular saying, “The morning foretells the evening,” seems to defy logic in Nigeria’s case. The economy, which turned frosty after President Bola Tinubu introduced radical reforms 18 months ago, now appears to be thawing rather than worsening, contrary to the predictions of critics. Rather than witnessing a continued decline in living standards, … Read more
Public enlightenment typically precedes the introduction of new policies to facilitate understanding, acceptance, and implementation. This is why companies seeking to go public on the Nigerian Stock Exchange (NSE) prepare an information memorandum to educate stakeholders and the general public. Unfortunately, the current government has repeatedly overlooked this fundamental principle, as seen in … Read more
The recent false alarm about Chief Mike Adenuga Jr.’s death was so influential that legendary musician Ebenezer Obey felt compelled to release a song debunking it. Back in the 1980s, Obey’s hit song Ketekete narrated the story of a horse burdened by its riders to the extent that it was felt that the weight might … Read more