Nigeria sliding into police state: We’ll not respond to Okogie  —FG

Nigeria sliding into police state: We’ll not respond to Okogie —FG

LAGOS — THE Presidency, yesterday, refused to join issues with Archbishop Emeritus of the Catholic Archdiocese of Lagos, Anthony Cardinal Okogie, over his comments that Nigeria was sliding into a police state and that President Muhammadu Buhari was running a one-man-show.
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Delta rehabilitates roads to check crime wave

Delta rehabilitates roads to check crime wave

WORRIED by incessant cases of kidnap on Obior-Igbodo Road, Delta State, the government has moved to rehabilitate bad portions of roads in the state to check the increased criminality on failed roads.

Can CBN save the Naira and Nigerians?

Can CBN save the Naira and Nigerians?

Historically, the CBN has compulsively devalued the Naira to bridge increasingly widening gaps between official and parallel exchange rates, even when these gaps were caused by the obtusely contrived monopolistic market dynamics of demand and supply. It would undoubtedly create much discomfort for CBN Management if unrestrained dollar demand further pushes parallel market rates well above N300=$1; in such event, CBN may again unwittingly, jerk up the official rate above N300 and remove the embedded ‘subsidy’ from the official Naira exchange rate so as to raise the dollar price and discourage demand and hopefully also minimise the inherent rent seeking market opportunities.

Cola war: Battle for supremacy rages

Cola war: Battle for supremacy rages

Big Cola as crafty as it is entered the market with same price for increased bottle size, which sight eluded competition, a bait that invariably attracted patronage, because ‘consumers want more for less’, a well thought out strategic plan one would say, which paid off for the product. Whether this swoop on the market will last long is a question to be answered by managers of Big cola. Mind you, brand watchers ears are on the ground.