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The US built world’s greatest card system

The US built world’s greatest card system

By YVONNE-FAITH ELAIGWU The history of payments is, in many ways, the history of making value easier to move. We started at barter and are now at electronic transfers, with stablecoins suggesting that the next evolution is here. New payment methods rarely make their predecessors useless. Cash did not immediately eliminate barter. Cards did not […]
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Nigeria’s political odyssey and its monstrous democratic variant

Nigeria’s political odyssey and its monstrous democratic variant

By Chiedu Uche Okoye IS Nigeria not a British contraption? During the colonial era, it was Lord Frederick Lugard, a one-time governor-general of Nigeria, who cobbled Nigeria’s northern and southern protectorates together for administrative convenience. And his mistress, Miss Flora Shaw, christened the place Nigeria. Nigeria, a British creation, is a disparate political and ethnic […]

On influx of Almajirai into the South

On influx of Almajirai into the South

By Sunny Ikhioya IT is said that a society that opens itself to visitors, opens up for progress and development. We have seen this in such cities like Lagos, Port Harcourt, Kaduna, Ibadan and Jos before the civil strife, compared to other cities in Nigeria. In foreign lands, the United States of America readily comes […]

Taming Nigeria’s oil spillages and gas flaring scourge [opinion]

Taming Nigeria’s oil spillages and gas flaring scourge [opinion]

By Jerome-Mario Utomi THE recent news report that the Okordia-Rumekpe 14-inch crude truck line operated by Shell Petroleum Development Company, SPDC, discharged some 213 barrels of crude oil into Ikarama community in Bayelsa, has again brought to our consciousness that though Nigeria prides itself as the giant of Africa and the most populous Black nation […]

That Twitter ban

That Twitter ban

By Sunny Ikhioya  It still beats one’s imagination to realise that a government that rode on the back of total press freedom has turned full circle to take actions that undermine same. Who would have imagined that a government which has in its fold seasoned and eminent media personalities will be hounding the press. A […]

Microeconomic analysis of price-fixing conflict by oligopolists [opinion]

Microeconomic analysis of price-fixing conflict by oligopolists [opinion]

By Sagir Ibrahim AROUND October 1929, values of stocks in the New York Stock Exchange, NYSE, market dropped to an unprecedented record level. Within three days, many investors lost about $5 billion. Towards the end of the year, major banks and investment companies lost about US$11billion. That loss led to closing of factories and laying […]