The “Dead Horse Theory” is a satirical metaphor that reflects how some people, institutions or nations face obvious problems that are impossible to solve, but instead of accepting reality, they cling to justifying them. The central idea is clear: if you find that you are riding a dead horse, the most sensible thing to do is to get off and leave it. However, in practice, the opposite...

The naira was strengthened to 1,494.03/$ at the official window on Thursday, according to data from FMDQ Securities Exchange Limited. Similarly, an appreciation to 1,510.00/$ was recorded in the parallel market, reducing the spread between the two markets to 15.5/$. The gap between the official and parallel foreign exchange rates has been narrowing due to various policies implemented by the...

The Labour Party (LP) in Osun State has withdrawn from Saturday’s local government election. This was announced by LP Chairman, Mr. Adebayo Bello, on Friday in Osogbo. Bello cited inadequate security arrangements by the State Independent Electoral Commission (OSSIEC) as the reason for the withdrawal. He called for the election to be postponed for one or two months to allow OSSIEC to make...

The Chairman of the Osun State Independent Electoral Commission (OSSIEC), Hashim Abioye, has raised concerns over the sealing of the commission’s headquarters in Osogbo.   Speaking on a live current affairs program on Rave FM on Saturday, Abioye expressed surprise at the development. Despite the action, he confirmed that the local government election had commenced across polling...

The race for the Anambra 2025 governorship election is heating up as the Anambra Coalition for Progressive Change, a group comprising lecturers, traders, activists, and professionals, has thrown its weight behind aviation mogul and APC stalwart, Prof Obiora Okonkwo.   On Wednesday, the coalition made a bold statement by purchasing the N50 million Nomination and Expression of Interest...