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 @ […]