One cannot be certain whether Nigerians would celebrate or decry the recent Central Bank of Nigeria’s decision to reduce the existing limit on the usage abroad of Naira denominated cards from $150,000 to $50,000 per annum, per person. Nonetheless, the directive to banks in CBN’s circular of April 13,2015, may mean nothing to possibly over 98% of our country men, who have never seen the inside of an aeroplane.

Expectedly, goodwill messages have deservedly, poured in from far and wide to congratulate the clear victor of the 2015 elections and President Elect, Mohammed Buhari, may not be unduly disturbed that President Jonathan’s inspirational and totally unexpected early acceptance of defeat, ironically, favorably raised the incumbent’s rating as a statesman beyond the pedestrian perception induced by his performance in governance.

“….The committee observed that its previous decisions needed time for their effects to fully permeate the economy and therefore “all eleven members unanimously” voted to maintain the current position!! The above is a summary of the conclusion reached by the Central Bank of Nigeria’s Monetary Policy Committee (MPC) at its latest meeting held between 23-24th March, 2015. Incidentally, the MPC has the critical statutory responsibility for advising the CBN on an appropriate strategy for managing the supply of money at the optimal level that would progressively grow the economy.

The Nigerian Stock Exchange was founded in 1960 to provide a platform for buying and selling of shares of listed public companies. Consequently, the size and vibrancy of domestic stock markets generally provide a bird’s eye view of the degree of confidence and scope of activities in an economy.

The 2015 election is barely two weeks away and yet, not even close followers of events in the political space can satisfactorily articulate distinctive differences in the ideology of the two major contestants. Instead, Nigerians have been fêted to a reality edition of an otherwise Nollywood dramatization of a “rofo rofo fight” between two wives in a polygamous setting. Ironically, the protagonists expect the favoured husband to make the louder and less civil combatant his favorite!