Zombie Banks

April 8, 2017 admin 0

Times should have been tough for banks and so why are they able to announce higher year on year profits? It seems a couple of reasons. Firstly, non-performing loans are not being declared. The banks […]


Nigeria is a pseudo communist state

April 7, 2017 admin 0

In many ways, pure communism is laudable. In the view of this writer, Che Guevara fought a noble fight. Unfortunately for communism, human nature gets in the way and corrupts it to the Orwellian version […]


Naira value – sustainable appreciation?

April 6, 2017 admin 0

There appears to be no consensus among sensible analysts as to the sustainability of the Naira rebound. Let’s ignore the views of die hard CBN/Emefiele sycophants hoping to be rewarded with their own position in […]


Railway Robbery

April 5, 2017 admin 1

Investing in Rail is back in vogue. Everyone is doing it – well, everyone in Africa sharing corrupt funding sources and willing to offer an outlet to steel manufacturers looking to dump excess supply amid […]