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Where failure is free, nations pay, by Dakuku Peterside

Where failure is free, nations pay, by Dakuku Peterside

There is a powerful lesson in the political fate of Keir Starmer, but it is not merely a British lesson. It is not about Westminster drama or parliamentary theatre. It is about a deeper democratic principle: leadership improves only when failure has consequences. That is the discipline of public office. Power must never be separated from […]

Boycott the boycottables (4), by Eric Teniola

Boycott the boycottables (4), by Eric Teniola

This week, we continue the narrative on boycott of elections in Nigeria Sir Abubakar immediately confirmed that he would form “a broadly based government” representing all shades of opinion. He said completion of outstanding elections in the Eastern and Mid-Western Regions, as well as in Lagos, arrangements would be made to bring in new ministers and to […]

CBN’s HoldCo rules: What bank investors should watch

CBN’s HoldCo rules: What bank investors should watch

By AYODEJI EBO  The Central Bank of Nigeria recently released an exposure draft on the proposed new rules for Financial Holding Companies, commonly called HoldCos. This may sound technical, but it is important because many major banking groups in Nigeria now operate through HoldCo structures. A HoldCo is like a parent company that owns different businesses […]

Illusions of $1trillion economy soon

Illusions of $1trillion economy soon

By Dele Sobowale If it takes a whole minute to produce a fool in America, then Nigeria must be bringing them in at the rate of one a second. Nigerian politicians operate on the Barnum principle. Depending on who is dishing out the false dream, most Nigerians will believe anything. Trust politicians and their creative advisers. Every […]