opinion

This manner of intervention by Government either directly or through AMCON is not peculiar to Union Bank. All such “intervened banks” as they were called were insolvent with huge negative shareholders’ funds. The premise of the CBN-led intervention was that government needed to inject sufficient equity to bring networth to zero to make investment a reasonable contemplation by private shareholders. ... Read More »

“You can measure a man by the opposition it takes to discourage him.” Ab initio, it is instructive to state succinctly and saliently that the opinion of the columnist in the Followership Challenge of this week is neither solicited nor a hatchet job like some analysts or critics would make readers to believe. It is borne out of a belief ... Read More »

BY: SUNDAY ADEBAYO It is no longer news that Abdulrasheed Bawa is on his way to becoming the new chairman of the Economic and Financial Crimes Commission, EFFC as nominated by President Muhammadu Buhari, pending the Senate’s approval. This relatively unknown young man appears to be the perfect match for the country’s fight against corruption, both in the low and ... Read More »

BY Jite Usman The evolution of cameras has made the public court one of the most reliable sources of undiluted justice for the common man, and has also provided unimpeachable opportunities for proper analysis of controversial events. Festus Keyamo, SAN, the Honourable Minister of State for Labour, has been a leading beneficiary of justice from public courts for over two ... Read More »

price controls are regarded by economists as one of the worst forms of intervention in markets. Over the years, the history of governments implementing price controls has shown that it is a failed venture. If truth be told, no measure implemented to control prices can overcome the basic economic forces of supply and demand on a long-term basis. Government involvements ... Read More »