Oil Spikes Near $50 On Libya Turmoil Despite Highest OPEC Production Since 2008
In its ubiquitous manner, crude futures decided to try and run the stops at the US equity open but were unable to get to $50 (49.984 in July WTI) before…
Dallas Fed Tumbles (Again) – 17th Consecutive Month Of Contraction
This is the 17th month in a row of contraction for Dallas Fed’s manufacturing survey as the headline print plunged to -20.8 from -13.9 (missing expectations of a hopeful bounce…
Stocks, Cable Slide On Brexit Poll Surprise
Confirming the trend in bookies’ bets, the latest polls (both telephonic and online) now point to ‘Brexit’ being more likely than ‘Bremain’. This sparked a 100 pip plunge in Cable…
US Government “Finds” Americans Had $70 Billion More In Disposable Income
Just one week after the US Department of Commerce quietly slashed historical US capex spending by billions of dollars following a major data revision… … it was time for another…
Chevron is the Poster Child for an Overpriced Market (Video)
By EconMatters When reviewing the financial metrics of CVX, this stock is overpriced relative to the fundamentals of the company. CVX should Conservatively Retest $88 before year end. With over…
50 Nigerian Soldiers Killed In Niger Delta, @NDAvengers Claim
Niger Delta Avengers Attack is confirmed At least 50 Nigerian soldiers have been killed in the Niger Delta region following military operations against militants blowing up oil and gas pipelines,…
Pictures! Buhari Receives Jordan Envoy, Manar Dabbas
President Buhari receives Mr Manar Dabbas, National Political Adviser and Special Envoy of the King of Jordan and the National Security Adviser Babagana Monguno in Statehouse on 31st May ,2016.…
Nigeria Police Condemn Killing Of Policemen By Pro-Biafra Protesters, Silent On IPOB killings
The police statement is clear. Read. Following the manifestation of the disposition of the armed Independent People of Biafra (IPOB) activists to undertake premeditated attacks on Police officers engage in…
Tambuwal: A Year Not Enough To Judge Buhari, But What He’s Done Is Being Felt Across Nigeria
Governor Aminu Waziri Tambuwal, assisted by the Sokoto Commissioner of Health, Dr. Balarabe Kakale, presenting mosquito nets and anti-malaria kits to a beneficiary at an event to mark this year’s…
Buhari Mourns Oba Michael Folorunsho Olobayo, The Obaro Of Kabba In Kogi
President Muhammadu Buhari commiserates with the family of Oba Michael Folorunsho Olobayo, the Obaro of Kabba, who passed on last week. President Buhari also extends condolences to Governor Yahaya Bello…