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LOUD WHISPERS: Misogyny and Gynophobia

LOUD WHISPERS: Misogyny and Gynophobia

Recently I have come across a lot of information that scares me. Is it my imagination, or do we have a generation that is more invested in the oppression and humiliation of women than we have ever seen before? There has always been a backlash against calls for social change, but do we now live […]

Reducing cabinet will affect performance, Tinubu insists

Reducing cabinet will affect performance, Tinubu insists

President Bola Tinubu has justified his cabinet of 47 ministers saying the number reflects the diversity of roles required to run an efficient government. The president expressed doubt about reducing his cabinet, saying no guarantee this would boost performance He also urged the leadership of the Christian Association of Nigeria to propagate the message of […]

Dangote Cement hits N10tn capitalisation as Otedola buys shares

Dangote Cement hits N10tn capitalisation as Otedola buys shares

The market capitalisation of Dangote Cement hit N10tn on Monday, emerging as the first company to achieve that milestone on the Nigerian Exchange. This is as billionaire businessman, Femi Otedola, who called the founder of the Dangote Group, Aliko Dangote, his “bestie”, had made a significant acquisition of Dangote Cement shares. The firm closed trading […]

CBN may raise banks capital base to N900bn

CBN may raise banks capital base to N900bn

A new report has projected that the Central Bank of Nigeria may ask commercial banks with international banking license to raise their capital base to over N900bn. This came a few months after the Central Bank of Nigeria Governor, Olayemi Cardoso, said the apex bank would be asking lenders to raise more capital in order […]

Rumpus over relocation of federal agencies to Lagos

Rumpus over relocation of federal agencies to Lagos

Outrage yesterday trailed Northern senators’ position on the relocation of federal agencies to Lagos from Abuja. The senators had, aside from expressing angst against relocation of the agencies, also protested what they described as lopsided allocation between the North and South in the 2024 budget, arguing that the development was designed to further under-develop the […]

LOUD WHISPERS: Wolves and Sheep

LOUD WHISPERS: Wolves and Sheep

‘Beware of false prophets who come to you in sheep’s clothing, but underneath they are ravenous wolves’ (Matthew 7:15) I arrived Lagos from Abuja around 10am one morning in February 2011. Shortly after I arrived, I got a phone call from a former colleague of mine in Accra, let me call her Mary. Her twenty-eight-year-old […]

Indicted Sierra Leone ex-president Koroma flies to Nigeria

Indicted Sierra Leone ex-president Koroma flies to Nigeria

Sierra Leone’s ex-president Ernest Bai Koroma left the West African country by plane and flew to Nigeria on Friday, two Reuters reporters said, after a court allowed him to travel abroad on medical grounds despite treason charges. On Jan. 3, 70-year-old Koroma was charged with four offences for his alleged role in a failed military […]

Nigeria accuses former central bank boss to $6.2 million fraud

Nigeria accuses former central bank boss to $6.2 million fraud

Nigeria’s former central bank Governor Godwin Emefiele was on Friday charged with fraud, including obtaining $6.2 million in bank funds under false pretenses, part of 20 charges levelled against him by prosecutors. Emefiele entered a not guilty plea. The former Central Bank of Nigeria chief is the most high profile official to face corruption charges […]

Europe, Africa crude market tightens on Red Sea disruptions, China demand

Europe, Africa crude market tightens on Red Sea disruptions, China demand

The Brent crude market structure and some physical markets in Europe and Africa are reflecting tighter supply resulting partly from concern about shipping delays due to vessels avoiding the Red Sea, according to traders, LSEG data and analysts. The disruptions have combined with other factors such as outages and rising Chinese demand to increase competition […]

Nigeria central bank to hold policy meeting in Feb, first since July

Nigeria central bank to hold policy meeting in Feb, first since July

Nigeria’s central bank will hold its next interest rate meeting in February – the first since last July – according to a schedule released on Friday. In a statement published on its website, the Central Bank of Nigeria has tentatively scheduled, opens new tab the Monetary Policy Committee (MPC) for Feb. 26 and 27, the […]