Oyetunji Abioye, (Punch) - The naira dropped on Monday by 2.3 per cent to 218 against the dollar at the parallel market. The greenback was sold for 213 at the black market on Friday. Foreign exchange traders linked the development to huge demand for the dollar by importers, politicians and investors.
Emeka Umejei, (Daily Independent) - Eighty persons [LISTED], foreigners and Nigerians, the living and the dead, among them four former Heads of State and two of their wives, as well as former Govs and Ministers – indeed the top echelons of the country’s political and military establishments, including technocrats – have been indicted by the U.S. law enforcement officials over the N27bn Halliburton bribery scandal.
UBONG UKPONG, (Daily Sun) - The pains, trauma and difficulties that many Nigerians have experienced in the last few years in their bid to seek greener pastures abroad are better imagined than felt. Those who told you they have ‘crossed’, seldom have the courage to relate their predicaments and bitter experiences to the people back at home.
KUNLE ADEYEMI, (Punch) - When people buy new vehicles, especially the state-of-the-art ones, prayers are said. On such occasions, it is usual to hear supplications like; ”may this car never turn out to be your coffin or may it never be robbers‘ property.” However, the situation in the country, especially Lagos in the last two months, has thrown up a big contradiction.
Kemi Yesufu, (Daily Independent) All over the world living in luxury is strictly the preserve of the rich and famous. It takes millions of naira, thousands of pounds/dollars to finance the lifestyle of the people we are talking about. They drive state-of-the-art cars, own yachts, private jets, live in homes that inspire imagination, and holiday in the best resorts.
Kemi Yesufu, (Daily Independent) - One of the ways to announce your arrival into Lagos high society is by shopping at Palms Shopping Mall. Tayo Amusan owns The Palms; now you know why he is one of those who live a life of luxury in Nigeria. They drive state-of-the-art cars, own yachts, private jets, live in homes that inspire imagination, and holiday in the best resorts.