admin

Ekiti State Governor, Ayo Fayose, has thrown what seems to be a  challenged to President Muhammadu Buhari  to add the deaths of the winner of the June 12, 1993 presidential election, Chief MKO Abiola; his wife, Alhaji Kudirat Abiola; and former Peoples Democratic Party governorship candidate in Lagos State, Funso Williams, to the list of […]

Erstwhile acting chairman of the Peoples Democratic Party (PDP), Uche Secondus, has accused President Muhammadu Buhari of using the Economic and Financial Crimes Commission (EFCC) to subdue the opposition. Lamenting the arrest and prosecution of members of the PDP in the past year, Secondus said that Buhari’s aim is to “kill” PDP. “There is absolute […]Read More

A new directive of the Central Bank of Nigeria (CBN) has made it acceptable for deposit money banks in the country to allow customers to open new bank accounts without initial deposits. The CBN gave the directive in the Monetary, Credit, Foreign Trade and Exchange Guidelines for Fiscal Years 2016/2017 guidelines posted on its website. […]

The Muhammadu Buhari led administration has promised to  comply with the provisions of the Fiscal Responsibility Act and other extant laws as they relate to the submission of budget proposals of Federal Government agencies and corporations to the National Assembly. The presidency gave th assurance on Monday through the state House Media Office. It was […]

The drama between the new acting Inspector-General of Police, Ibrahim Idris, and the former IGP, Solomon Arase is getting more interesting. Idris had on Sunday mentioned that investigations into the disappearance of many vehicles parked at Force Headquarters a week to his appointment had commenced.  He had indicted the immediate past IGP in the vehicle […]

President Muhammadu Buhari has said that he is bothered about the performance of the Judiciary in the country, especially by the delay in serving justice in corruption cases.  The president said he is worried that the public is not getting what they expect from the judiciary. Buhari expressed this in an address at the International […]

Submitted by Michael Shedlock via MishTalk.com, In a recent GMO commentary on Immigration and Brexit, founder Jeremy Grantham laid out precise reasons why Brexit was a mathematical certainty eventually. Curiously, Grantham thinks Brexit was a bad idea. On the second sentence, I disagree strongly. The following snips, including bullet points are from Grantham. Subtitles are […]

Following the crash after March/April’s ‘mania’, Iron ore prices have resurged to 2-month highs on the heels of stimulus-hype and rampant speculation. However, this echo-bubble appears to be bursting as Macquarie sounds the alarm that prices are “getting carried away again” with fundamental support entirely lacking as China inventories soar 30% year-over-year to 20-month highs. […]Read More

Via The Mises Institute, [An interview with Hans-Herman Hoppe in the Polish weekly Najwy?szy Czas!] What is your assessment of contemporary Western Europe, and in particular the EU? All major political parties in Western Europe, regardless of their different names and party programs, are nowadays committed to the same fundamental idea of democratic socialism. They use […]

Alleged SAN’s bribe: EFCC to prosecute retired judge, Yunusa The Economic and Financial Crimes Commission is set to charge suspended Federal High Court judge, Justice Mohammed Yunusa, who the National Judicial Commission recently recommended for retirement. The EFCC had, in February, lodged a complaint of alleged misconduct against Yunusa before the NJC. Yunusa first became […]

Retail Investors who reached out to Nairametrics on Monday were surprised to see Skye Bank’s stock gain a whopping 10% and top the gainers chart by the close of trading on Monday. This is especially as the stock has lost a whopping 42% since July 4th when the CBN announced that it had reached an […]

The Technical and Development Committee of the Nigeria Football Federation, on Monday, named Frenchman, Paul Le Guen as the new Super Eagles head coach, subject to agreement on personal terms.  Breaking the news to journalists in Abuja on Monday, a member of the technical committee, Paul Bassey said Le Guen is to be assisted by […]