Ramadan, time for spiritual renewal
RAMADAN is here again. It is the ninth month of the Islamic calendar and the most propagated month in the Islamic sphere, when Muslims fast for 29 or 30 days. Last Wednesday, the moon was sighted as declared by the President-General, the Supreme Council for Islamic Affairs, and the Sultan of Sokoto, signaling the commencement […]
Mr. President doing what he thinks is right
MANY Nigerians are still confused over the outburst last week by Mallam Nasir el-Rufai, Governor of Kaduna State and chieftain of the ruling All Progressive Congress, APC, who alleged that some unnamed persons in Aso Rock, Nigeria’s seat of power, are working to ensure that APC loses the 2023 general election, slated for this February […]
Utilizing our acquired endurance in a cashless economy (1)
IN recent weeks, Nigerians have been queuing at banks and ATM machines to obtain new naira notes and deposit old ones, which would have ceased to be legal tender on January 31, 2023 if the Central Bank of Nigeria, CBN, had not extended the deadline to February 10, 2023. Perhaps, if there had been enough […]
Trafficking of the new Naira notes
IT is both appalling and shameful to hear so soon that some commercial banks are already aiding and abetting the hoarding and illegal sales of the newly redesigned Naira notes. What a country we belong! According to media reports, the Department of State Services, DSS, over the weekend arrested some members of an organised syndicate […]
Nigeria’s more than 10m out-of-school children
MORE than 10 million Nigerian children do not have the opportunity to attend school, and that is the highest rate in the world. Even at that, many of the children who are lucky to be in the classrooms come with ragged or torn polythene school bags. That is the true story of Nigeria told on […]
Understanding CBN’s cashless policy
It is impressive to observe the determination of the Central Bank of Nigeria, CBN, to follow through with the laudable cashless policy which it introduced into Nigeria’s banking system. As the apex bank had explained, the cashless policy is aimed at scaling up financial inclusion and reducing cases of armed robbery, kidnapping, terrorism financing, advance […]
