May 28, 2009

I once read about a story that talked about freedom. Once upon a time, some circus workers captured a baby elephant from its family in the amazon jungle of South America. This elephant was very aggressive and violent towards its captors. It resented deeply its forced seperation from its mother and the rest of its family. It fought its captors bravely but...

Feb 11, 2009

“if God judge count the iniquity of the wicked, who shall stand?” I seat here watching and listening to intermittently the CEOs of banks in the U.S giving comprehensive account of their transactions with regards to the bailout they got from the government a while ago. I see seated all the CEOs of the big and mightly banks. The JP Morgan Chases,...

Jan 28, 2009

I had some internet training with one of my friends yesterday evening. In fact, the training was supposed to have commenced yesterday morning but it commenced in the evening because my friend came in late. When he came, he narrated his ordeal to us. He had gone that morning to a bank in Ikorodu (GTB) to withdraw money and having completed that transaction...

Jan 14, 2009

This is quite a lengthy article but a must read for every Nigerian who loves his country. Just when we were beginning to rejoice that our economy was moving vertically upwards and that our currency was getting stronger, something seems to have pulled out the floor from under us and everything seems to be plummeting towards ground zero. I just read this article...

Jan 7, 2009

Africa has been dubbed the untouched and virgin continent. This was due to the seeming unscathing of African countries in the global meltdown that characterised the latter part of 2008. African seems to have escaped almost wholly from the economic recession that hit the world and crushed many countries and multinationals in other continents of the world....

First City In our opinion, The CBN postponement by one year for banks to converge their year end may offer a respite both for the banking sector directly and also the capital market as the sector constitutes above 60% of the market capitalization of the Nigerian Stock Exchange. While the banks may heave a sigh of relief, stakeholders, especially Nigeria’s...