A few days ago, a news report shared some information about the N1.5trn interest incurred following the sales of Treasury Bills worth N8.4trn by the Central Bank of Nigeria in the first half of 2024. Of course, any story where trillions of Naira are mentioned deserves a second, third and even fourth look, especially when one considers the current state of the Nigerian economy.
Earlier this week, the Monetary Policy Committee of the Central Bank of Nigeria raised the Monetary Policy Rate (MPR) to 26.75% from 26.25%.
This world is full of incidents that are too strange to be dismissed as mere coincidences. They may just be the divine arrangements or manipulations of the Celestial Choir (apologies to Hon Patrick Obaihagbon) to prove His superiority over us.
One of the hottest trending websites at the moment must be that of the Nigeria National Petroleum Company Limited (NNPCL).
Events in Kano on Thursday the 23rd of May, 2024 happened with uncanny rapidity. From the state House of Assembly convening for a third reading and passage of the Emirate Bill; to the signing into law, the formality of convening the kingmakers and restoration of Muhammadu Sanusi to the throne; it was a crescendo!
Corruption within the judiciary poses a significant threat to justice and democracy. It distorts the course of justice, leading to biased and unfair rulings that benefit those with the resources to influence judicial decisions.
In response to the challenges of insecurity across parts of Nigeria, there is an emerging consensus towards the creation of state police in the country.
