Odilim Enwegbara

Being a carefully orchestrated dollar coup against the Euro, it is understandable why rather than Europeans celebrating, it's now Americans who are celebrating the euro crisis. Not by ordinary Americans and British, but by respected Washington insiders...

Besides weakening Chinese economy, saving petrodollar which meant not to allow Saddam Hussein to carry out his threats of switching from dollar to the would be petroeuro was why Iraq was invaded in 2003. If it's not, what else would have been the explanation for such high oil prices while Iraqi oilfields which would have been pumping as high as 6 million barrels per day remained locked up?

Appreciating his immense efforts in leapfrogging our financial sector will give Sanusi the courage to bring more revolutionary changes to our banking industry as his ongoing cashless policy is no longer catching up with the West but fast beating them in the race they started before us...

Creating wealth from thin air was irresistible and frictionless for a government churning out dollar bills. In a globalization-led international division of labor, while China led the world in industrial production, US led in the production of the dollars...

It was not just a piece of good news; it was the best news coming from Nigeria's capital market. And for someone following this capital market drama, I felt happy that it finally has come to an end, thanks to the wise decision of the government...

What kind of confidence are we talking about here when the entire world is watching a nation that is not bold enough to tell itself the hard truth? Confidence while the criminals who used the Capital Market as their platform to steal trillions are yet to be arrested and brought to face the law?

It all started with the race to consolidation. An ultimate challenge to their very survival, the N25 billion consolidation turned banking into a fraud Ponzi scheme. Not even the Investment and Securities Act of 1999 could stop banks from gambling with depositors’ funds in the capital market...

Having borrowed heavily to meet shortfalls in government tax revenue and bloated social spending, it came to the point the US economy could no longer continue to attract foreign money to finance government deficits without raising interest rates...