Tag Archives: Nigeria

MMM Ponzi – There is always a Mugu in Lagos!

I was doing a random research of recent and stumbled on the current list of top websites in Nigeria (October 2016). The list is dominated by the usual names – Google, Yahoo, Facebook, Nairaland, Linda Ikeji and MMM Office. Wait, what’s MMM Office? It’s a Ponzi scheme and it has its own Wikipedia page. It […]

4K TV – The New Gimmick in Town

I have tripped over more 4K TV cables in the last few weeks than all the bus drivers bashing cars in Lagos. Suddenly 4K became the rave. You wonder what 4K is? 4K is to HDTV as HDTV is to SDTV. If you don’t know SDTV, you may want to read here. 4K is sometimes called […]

Crashing the Cost of Banking: The Bitter Sweet Experience

The Central Bank (of Nigeria, if you really want to know) has been at the fore-front of financial inclusion, and oh, at the forefront of cashless economy. Obviously they decided to mash the two together. Kudos can be given to CBN for forcefully yanking our sorry backside from comfortable banking to make things really cashless. […]

Driven by faith, Government hikes electricity tariff

Electricity prices will take a leap, not necessarily of faith, on June 1, 2012 as government is saying we need that to attract investors. Now that is faith which is an evidence of things not seen as I haven’t seen anything this government, and the ones before, have done even when they tell us to […]

Introduction to Government Budgeting

The recently (and sadly) aborted subsidy strike has brought to fore how expensive (or is it wasteful) our government is – check this out: Government is budgeting for the following: PURCHASE OF COMPUTER & ACCESSORIES: (I). 90 HP DESKTOPS @ N300,000 = N27,000,000; (II). 20 HP PRINTERS @ N150,000 =N3,000,000; (III). 60 NOS. UPS @ […]

Subsidy Removal: Comparison of Gasoline Pump Price

Subsidy removal is the latest front burner of public discourse in Nigeria today and there is no shortage of facts to back either argument. Too bad many of these arguments ain’t backed by reality. I have mashed data from World Bank and CIA Fact book about the average price of a liter of gasoline across […]

The Nigerian Constitutions: 1951, 1964, 1960, 1979, 1989, 1999

I have been able to get two rare gems: The Nigerian constitutions for 1951 and 1954. They are the the 5th and 6th in our collection of Nigeria’s constitutions. The Nigerian Constitution: 1951 The Nigerian Constitution: 1954 The Nigerian Constitution: 1960 The Nigerian Constitution: 1979 The Nigerian Constitution: 1989 The Nigerian Constitution: 1999 Question: How […]

Nigeria, Naira and other oily ideas

The pressure on Naira has been enormous of late. An ant hauling Jumbo the Elephant across the Lagos Lagoon on its back wouldn’t have suffered a worse fate. Any nation that imports more than it ships out would always have to contend with issues like this. But the dependence on imports for Nigeria has gone […]

Prevent message read status on Blackberry Messenger

That Blackberry share market is having a free fall faster than a rollercoaster is not news. That Blackberry is eating Nokia’s lunch in some markets, such as in Nigeria, is no news either. It is also no secret that the number one feature that makes the Blackberry sticky is the Blackberry Messenger; quite a lot […]