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The Nigeria Security and Civil Defence Corps (NSCDC) in Niger on Saturday paraded three suspects who were caught with a human head. Philip Ayuba, the Commandant of NSCDC in the state, told newsmen in Minna that the suspects were arrested in Mokwa Local Government Area of the state. He said that the suspects aged 34, 35 and 24 […]Read More

Among the numerous mostly peaceful protests across the country overnight, another deadly incident between a lone black gunman and police took place shortly after midnight on Saturday, one which will further raise tensions and likely lead to more deadly escalation of this week’s events. According to ACB13, two Houston officers shot and killed an armed […]

By EconMatters The Fed has argued that it is easier to respond to an upsurge in economic growth from here by staying conservative at the zero bound than it is to continue hiking and the economy takes a downturn from here. Actually this isn`t even correct, as they could very easily just cut rates again […]

In the conventional investment perspective, risk-on assets (i.e. investments with higher risks and higher potential returns) such as stocks are on a see-saw with risk-off assets (investments with lower returns and lower risk, such as Treasury bonds). When risk appetites are high, institutional managers and speculators move money into stocks and high-yield junk bonds, and […]

Jack Dorsey has been on a rampage against abuse on Twitter.. which may (or may not) have something to do with the fact that the dual Square/Twitter CEO had his Verified Twitter account hacked by OurMine. According to Engadget’s screen shot, OurMine took over Dorsey’s account and tweeted: “Hey, its OurMine, we are testing your […]Read More

Submitted by MN Gordon via EconomicPrism.com, The existing capital stock continues to be frittered away at the expense of savers and retirees.  Nonetheless, central bankers don’t give a doggone about it.  This, after all, is one consequence of roughly eight years of near zero interest rate policy. Another related consequence is that the pricing equilibrium […]Read More

Having previously been exposed as a ‘scam’, the petition  – with over 4.1 million signatures – for a second UK referendum has officially been rejected by the British government. On June 23, on a 72 percent turnout, 52 percent (17.4 million people) voted in favor of Britain leaving the European Union. This prompted a teddy-bear-throwing […]Read More

It all started with a grainy 15 second clip on Russia’s NTV channel, which showed footage of a policeman tackling a man the report said was an undercover CIA agent trying to enter the U.S. embassy in Moscow without identifying himself.  As shown in the video below, the man exits a taxi and was promptly […]

Despite the fact a somewhat deluded President Barack Obama contends that racial relations have improved during his presidency – calling this week’s black, former military Dallas shooter a “demented individual who’s not representative of Americans,” an atmosphere of crisis is enveloping the U.S. after a traumatic week; and as TheHill.com’s Niall Stanage explains so ‘fair-and-balanced’ly, […]Read More

When FBI director James Comey stunned America last week by exonerating Hillary Clinton for being “grossly negligent” in her abuse of professional duties, but not criminal, he opened up a whole new can of worms for the presidential candidate, namely that she had repeatedly perjured herself and lied to both Congress and the American people. […]

Alhaji Shettima Ali Monguno, one of Nigeria’s founding fathers, who was once abducted by suspected Boko Haram members in Borno State, has died,  and Senate President, Dr. Abubakar Bukola Saraki, has expressed sadness over his death. Senator Saraki described the elder statement as a detribalised Nigerian and worthy ambassador, adding that he will sorely ne missed. In […]Read More

Sympathisers have continued to troop to the residence of late Marafan Sokoto, Alhaji Umaru Shinkafi who died in a London hospital last Wednesday, to pay their respects and console with his family over his death. Former Head of State, General Abdulsalami Abubakar and wife of the President, Hajiya Aisha Buhari, were among the dignitaries to […]