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The Former Minister of State for Defence, Musiliu Obanikoro, on Friday told the Economic and Financial Crimes Commission (EFCC) to resist the temptation of “persecuting” his wife, Moroophat, who was interrogated  by the anti-graft agency on Thursday. He called her “an innocent woman who has no dealings at all with any of the businesses that […]

A group of Muslim youths, on Friday attacked St. Philips Catholic Parish, Baki Iku, very close to Zuma Rock in Niger State.  According to eyewitnesses, some Catholics had gone to the church to pray and were attacked by the Muslims who claimed that Friday is their day of prayer and that the Church only has […]

Submitted by Patrick Buchanan via Buchanan.org, “Her mind is shot.” That was the crisp diagnosis of Donald Trump on hearing the opinion of Justice Ruth Bader Ginsburg on the possibility he might become president. It all began with an interview last week when the justice was asked for her thoughts on a Trump presidency. Ginsburg […]

Whether Japan admits it or not, helicopter money – thanks to Ben Bernanke – is here, and the market’s reaction this week was simply the first stage of pricing it in, as confirmed by the biggest drop in the Japanese currency this century.   Incidentally, we are “confident” that the SEC will inquire whether Citadel- […]

The mind-numbing Case-Shiller regional charts below are presented without too much comment. As MHanson.com’s Mark Hanson adds, the visual says it all. Bottom line: Q:  If 2006/07 was the peak of the largest housing bubble in history with affordability never better vis a’ vis exotic loans; easy availability of credit; unemployment in the 4%’s; the […]Read More

Thanks to the fad-tastic launch of Pokemon GO – more popular than porn – Nintendo stock has exploded over 93% in the last 7 days (the most ever) to 6 years highs. But the Pokemania was really in the trading volume where 476 billion yen changed hands for the highest daily turnover on the Tokyo […]

Things just went to ’11’ on the Spinal Tap amplifier of Britain’s property market. Having detailed the numerous ‘dominoes’ that have begun to fall, and the start of forced real asset liquidations, the hard data from Britain’s Royal Institute of Chartered Surveyors suggests Brexit just killed the British housing market… and even more crucially, as […]Read More

Authored by Yojimbo via The Burning Platform blog, 1. No one needs a commercial truck this large. 2. The Founding Fathers never envisioned large commercial trucks, and did not intend for people to drive them. 3. These “assault trucks” are designed for killing large numbers of people quickly, and that is their only use. 4. […]

Authored by Gulam Asgar Mitha via The Oriental Review, Pakistan, a nation of 200 million, is witnessing a plethora of oppression, injustice, tyranny, religious exploitation and blatant lying. A majority of the population live in either various forms of poverty as victims or in fear of targeted killings and kidnappings for ransom by workers of […]

Authored by Louise Mensch, originally posted at HeatStreet.com, A French government committee has heard testimony, suppressed by the French government at the time and not published online until this week, that the killers in the Bataclan appear to have tortured their victims on the second floor of the club. The chief police witness in Parliament […]

Datta Phuge took the interwebs by storm three years ago when we introduced the $250,000 22-karat-gold-shirt-wearing 32-year-old Indian who proclaimed “I know I am not the best looking man but surely no woman could fail to be dazzled by this shirt?” showing the world that gold is much more than a barbarous relic. Sadly, as […]

Nigeria’s exchange official exchange rate closed on Friday at N290 according to the website of the Central Bank of Nigeria. FMDQ website quoted N2912.25 as their closing rate. This represents the lowest the Nigeria has fallen to in the official interbank market since the Flexible Exchange Rate Policy was introduced on the 20th of June […]