All Posts

I head a closed cooperative society that in the last 3 years has given out over N100m in loans at 0% interest rate. Yes you heard right - 0% interest rate. The maximum members pay is a 10% flat fee irrespective of the tenure of their loans which can extend...

The issue of the case between Innoson Motors (Innoson) and Guaranty Trust Bank Plc (GTBank) with other parties like the IGP, AGF and EFCC is interestingly complicated. It explains the reason why it is confusing to many people. My aim therefore in this article is to state the facts as clearly as...

To understand what happened on the 21st of September 2018, you need to go back to the very beginning. For the purpose of this article, I will like to categorize it under three headings.Before The Acquisition of MainStreet Bank;During the Acquisition of MainStreet Bank; andAfter the acquisition of MainStreet Bank. With the...

Three days ago, news broke that the National Assembly has passed the National Housing Bill 2018 and that it was awaiting presidential assent. While the news made it to the pages of websites such as Proshare.com NASS Passes New Housing Law, To Impose Over 200% of Personal Income Tax on Low...

On the 18th of May 2016, the acting President Prof Yemi Osinbajo signed the executive order on the Ease of Doing Business in Nigeria. It contains far-reaching initiatives to be implemented by MDAs to ensure easier access to information, processes and documentation, as well as promote efficiency in public service delivery....

During the week, MTN Nigeria was sanctioned by the Central Bank of Nigeria (CBN) over allegations of impropriety in the repatriation of funds from Nigeria. Please find below highlights of the story:   CBN’s Position:MTN Nigeria to refund $8.1 Billion worth of Dividends repatriated through conversion of shareholders’ loan to preference...

'I paid for the WAEC and UTME result for my children. That is how I got them into the university'.That was someone (over 2 decades ago) advising my dad on how to get his children into the University. Dad stuck to his principles. I wrote UTME 4 times. The rest...

If you have been on social media for the past 48 hours, you would have thought a national emergency the scale of a hurricane has just occurred. This is on back of the reaction of Nigerians to the publication of the circular by the CBN to deposit money banks that...

There are situations you face in life where it's fitting to apply Alternative Stories so you can focus on the major and forgo the minor. Like when someone cuts you off in traffic. You can create an alternative story that he either has an emergency, or he has a bad case of diarrhoea....