Opinion

Someone told a circle of his friends recently that his nephew had a ‘Yahoo Yahoo’ case. He said the boy appeared sober in detention but he was shocked by how his mother saw the son's perfidy as 'business'. The woman reportedly said: “Is it not owo oyinbo?” Her listeners were shocked. She is a Yoruba. That a Yoruba person – and a woman – took that dangerous bend in thoughts and belched it out in public told them clearly that the house had, indeed, fallen. I remembered that case when I read what chairman of Economic and Financial Crimes Commission…
Current academic research – into the impact of new technologies, the economics of innovation, and the quality of management, for example – may be providing ever more pieces of the puzzle. But many crucial questions about economic progress remain unanswered, and others have not yet even been properly posed. Do we know how economies develop? Obviously not, it seems, or otherwise every country would be doing better than it currently is in these low-growth times. In fact, cases of sustained rapid growth, like Japan beginning in the 1960s, or other Southeast Asian countries a decade later, are so rare that…
The escalation in the U.S.-China trade war Friday – with each country slapping new tariffs on the other – is part of a larger fight that will decide which nation will shape the economic and geopolitical future of the 21st century. President Trumpis right to refuse to raise the white flag of surrender. Thankfully, few expect a shooting war to erupt between Chinaand the U.S. Instead, our two countries are waging economic warfare, with trade policy being central to the battle. And like escalation in a shooting war, hostile actions taken by one side in our trade war with China…
Just in case you missed this frightening and scary story. It was one that set the airs on every patriot’s skin on the edge during the upper week. It provoked eerie goose pimples that instantly colonized the pores of their skins. The celebratory mood of the country during the Sallahfestivity notwithstanding, that event would have polluted national joy. The First Family was also prepared to join in the celebration. Pronto, words had gone to the Protocol department of the Villa to make ready necessary logistics as President Muhammadu Buhari would be celebrating the Islamic festival with his kith and kin…
Nationalism comes in many flavors — the ethnic and the civic, the religious and the secular, the right and the left. A century ago, Theodore Roosevelt’s New Nationalismcalled for inheritance taxes, a ban on corporate money in politics, workers’ compensation and a living wage. By contrast, the recent National Conservative Conferenceoutlined a “new American and British nationalism” that featured balanced budgets, strong national borders and a return to Anglo-American national traditions: “constitutionalism, the common law, the English language, and Christian scripture.” There are so many varieties of nationalism that it may be time to pause and ask: What is a…
Banks market capitalisation drops by N657bn —August 12, 2019. Investors lose N157.7bn as 43 stocks decline —August 13, 2019. When in 2016 the forecast of a continuous decline in stock prices was made, a friend asked me when it will end and a recovery get underway. The answers provided were simple. The bad news for investors, whether in the capital market or elsewhere, will continue as long as Nigeria has a Federal Government whose leaders don’t understand how modern economies work. The unceasing competition among nations of the world for advantage will always work in favour of countries blessed with…
“Evolve or die,” wrote hedge-fund billionaire Ray Dalio in a manifesto published in April titled “Why and How Capitalism Needs to Be Reformed.” With each passing month, more business executives have been joining this unlikely crusade to save capitalism from itself. The loudest reform call yet from inside the system came this week from the Business Roundtable, which represents the chief executives of 192 of the nation’s largest companies. Most of its members signed a statement declaring that making profits for shareholders isn’t a corporation’s sole responsibility. Instead, companies have a broader mission to serve customers, employees, suppliers and communities,…
According to Wikipedia, the Nuremberg trials were a series of military tribunals held after World War II (1939 – 1945) after the defeat of Germany’s Adolf Hitler and his Axis Alliance (Germany, Japan and Italy) by the Allied Powers (Britain, France, USSR and the United States) under international law and the laws of war. The trials were most notable for the prosecution of prominent members of the political, military, judicial, and economic leadership of Nazi Germany, who planned, carried out, or otherwise participated in the Holocaust and other war crimes. The trials were held in Nuremberg, Germany, and their decisions…
The present times in Nigeria have lately been compared to the days of the dark-goggled general, Sani Abacha. Part of what the folk making the comparison are wondering is how we crawled ourselves back into the hole we thought we escaped. So, here is a quick backward glance on the road that brought us here. In the run-up to the 2015 elections, when the “anything but (Goodluck) Jonathan” din was at its zenith, one of the absurdities that characterised the period was the rash of amnesties given Candidate Muhammadu Buhari over his repressive actions as military head of state between…
When there are no good options, leaders must choose the least bad one. China’s government may loathe the idea of making concessions to the Hong Kong protesters, but considering the catastrophic consequences of a military crackdown, that is what it must do. The crisis in Hong Kong appears to be careening toward a devastating climax. With China’s government now using rhetoric reminiscent of that which preceded the Tiananmen Square massacre in June 1989, Hong Kong’s pro-democracy protesters – and, indeed, its democracy – could well be in grave danger. For more than two months, Hong Kong has been beset by…
September 20, 2024

PZ Cussons set to exit Nigeria, following trend of departing multinationals

British consumer goods giant PZ Cussons Plc is contemplating a partial or complete withdrawal from…
September 20, 2024

New Constitution is key to Nigeria's future, Anglican Church Primate tells Tinubu

Primate Henry Ndukuba, leader of the Church of Nigeria Anglican Communion, has urged President Bola…
September 14, 2024

Ancient wall carvings suggest women used 'modern' accessory 12,000 years ago

Researchers have discovered ancient wall carvings depicting what appeared to be handbags designed with a…
September 18, 2024

Zimbabwe to slaughter 200 elephants to feed hungry citizens

Zimbabwe plans to cull 200 elephants to feed communities facing acute hunger after the worst…
September 16, 2024

Nearly 300 prisoners escape Maiduguri prison after floods

Devastating floods collapsed walls at a jail in Maiduguri in northeastern Nigeria early last week,…
September 20, 2024

Here’s the latest as Israel-Hamas war enters Day 350

Israel destroys 1,000 Hezbollah rocket launcher barrels, military says Israeli fighter jets pounded Hezbollah targets…
August 28, 2024

New study says China uses 80% artificial sand. Here’s why that’s a big deal

The world is running out of sand. About 50 billion tons of sand and gravel…
August 31, 2024

3 days after NFF’s announcement, Labbadia rejects offer to coach Super Eagles

Bruno Labbadia has rejected his appointment as the new head coach of Super Eagles of…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2024 NewsScroll. All rights reserved.