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A Fool’s Guide To Innoson Vs Customs and GTBank

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...

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SkyeBank - The Rise, The Fall And The Bridge

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...

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MTN Nigeria, Banks and CBN Action – An Update and Initial Commentary

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...

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It’s time to hit the reset button

'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...

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Alternative Stories

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....

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