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After driving for 2 kilometers at up to 70kmh on Nice’s seaside Promenade des Anglais during national Bastille Day revelry on Thursday night, mowing down hundreds of people and killing 84, the alleged Nice killer, Tunisian Mohamed Lahouaiej Bouhlel came to halt in front of the Hotel Westminster, where a shoot out with the police […]

Despite the rip-roaring rally in stocks, Brexit had a significant effect on the wealthiest third of US incomes as UMich Consumer Expectations (i.e. “Hope”) tumbled to its lowest since September 2014. “Hope” vs the ‘reality’ of stocks… As Bloomberg reports, Consumer confidence in the U.S. dropped in July as U.K.’s vote to leave the European […]Read More

Autos and buidling materials are at their highest levels of inventories relative to sales since the financial crisis leaving overall business inventories-to-sales ratio hovering near cycle highs at 1.40x. A 0.2% rise in inventories (bigger than expected) matched the 0.2% rise in sales MoM but YoY it’s a different picture with sales down 0.3% and […]Read More

In the aftermath of last night’s latest tragic terrorist attack in Nice, French Prime Minister Manuel Valls made the statement: “Times have changed, and France is going to have to live with terrorism, and we must face this together and show our collective sang-froid,” he said. “France is a great country and a great democracy […]Read More

Submitted by Claire Bernish via TheAntiMedia.org, Presumptive Green Party presidential nominee Dr. Jill Stein promises to grant NSA whistleblower Edward Snowden – whom many describe as a true American hero – not just a full pardon, but a promotion to the upper echelons of government should she win the White House. “[Snowden] has done an […]

And examples like THIS, are precisely why MSM personalities need to be shot, along with the politicians and the bankers.  Where’s that “Fair and Impartial Journalism”?  I guess they’ve gone “Supreme Court” on us, huh?  “The System” needs to die, period.  No quarter, no mercy. 

And so, in lieu of a press conference, which Trump cancelled following the French terrorist attack, Trump has had no choice but to Tweet what everyone already knew. I am pleased to announce that I have chosen Governor Mike Pence as my Vice Presidential running mate. News conference tomorrow at 11:00 A.M. — Donald J. […]

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The Exchange rate at the parallel market has nose-dived in the last few days with the Naira now exchanging for as high as N360 to $1. This is a remarkable turn of events following the much highlighted upsides of the new flexible exchange rate policy. Most analysts including Nairametrics had opined that the new exchange […]

The Federal Government has released the yields (rate of borrowing) for its latest bond offering. Recall, we had published an article revealing that the Government was set to borrow about N120 billion in fresh loans. Nigerian Government borrows by selling bonds to investors inviting them to bid for interest rates that they wish to earn […]

United States and U.K based bond investors are said to have spurned the advances of Nigeria’s embattled Central Bank Governor, Godwin Emefiele who is said to have travelled overseas this week to beg fund managers to return to the  Nigerian sovereign bond market. Emefiele and Deputy Governor Sarah Alade met investors in Los Angeles, Boston, New […]Read More

The World Bank, the Nigerian Economic Summit Group and other stakeholders have highlighted the need to improve Nigeria’s competitiveness in a bid to accelerate economic development. They stated this in Lagos at a workshop on economic competitiveness in Nigeria organised by the NESG in collaboration with the World Bank. The workshop was designed to focus […]