Gilts Slide After BOE 15Y+ POMO Closes Without A Glitch
Last week, gilt yields plunged to all time lows shortly after the BOE encountered an unexpected failure in only its second post-QE restart buyback operation (or “POMO”), focusing on bonds…
GoD’S WoRK…
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Professional Stupid-People Consultant: A Personal Perspective on Why Corporate Culture is in Decline
I’m working on a new Linked-in profile and wanted to get your thoughts on it. I’m sure others have similar experience in the decline of corporate culture to share here,…
Why Paul Krugman Should Go Back To 5th Grade
Submitted by Michael Shedlock via MishTalk.com, Economist Paul Krugman is whining for more fiscal stimulus, his favorite pastime by far. Krugman’s target this time is Japan. Let’s take a look…
Rio Olympics: Go For Gold, Saraki Urges Dream Team VI
Nigerian Senate President, Dr. Abubakar Bukola Saraki, on Tuesday called on Team Nigeria at the ongoing Rio Olympics Football to go for gold. In a statement by his Special Adviser…
Atiku Greets IBB At 75, Says Politician Known As ‘Evil Genius’ Deserves Commendation
IBB Nigeria’s former Vice-President, Mr. Atiku Abubakar, on Monday, eulogised the former military President, Mr. Ibrahim Babangida, who is marking 75 years old, saying that the general known as “evil…
Saraki Mourns Balogun Fulani Of Ilorin
Senate President, Dr. Abubakar Bukola Saraki on Tuesday expressed deep sadness over the passage of the Balogun Fulani of Ilorin, Alhaji Mahmud Durosinlohun Atiku at the age of 76. In…
Tambuwal: I’ll Fully Support President Buhari’s Social Intervention Plans In Sokoto
The Sokoto government would help citizens take full advantage of President Muhammadu Buhari’s social intervention projects in the state, Governor Aminu Waziri Tambuwal said on Tuesday, as he donated an…
Are Gencos generating more debt than power?
The Nigerian electricity industry has been under a lot of pressure. Gas supply is low and power generation has been severely affected. More worrying is that they are owned hundreds…
Flour Mills rated SELL despite profitability growth
Last Friday, Flour Mills of Nigeria Plc (FMN) released its unaudited FQ1 2017 result wherein both PBT and PAT surged nearly five-fold YoY to N5.9 billion and N4.4 billion respectively.…