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Back in December 2014, when we first learned that Japan was willing to risk hundreds of billions in Japanese pensions to boost and prop up the domestic stock market – the only true “”arrow of Abenomics – by shifting cash out of bonds and into stocks in the country’s gargantuan (and world’s biggest) $1.4 trillion […]Read More

The mad dash to increase the minimum wage continues. Earlier we reported that New York and California had passed legislation that would raise the minimum wage to $15, and in June the District of Columbia also voted unanimously to raise the minimum wage to $15 as well. In a statement sent to The Daily Signal, […]

EID-EL-FITR MESSAGE TO THE NATION FROM PRESIDENT MUHAMMADU BUHARI I felicitate with all Nigerians, especially the Muslim Ummah, on the occasion of this year’s Eid El Fitr, which marks the completion of the Ramadan fast. I congratulate Muslims in Nigeria and around the world on the successful completion of this month-long spiritual journey of fasting, […]

Governor Akinwunmi Ambode (right) with Former Speaker of the Lagos State House of Assembly, Adeyemi Ikuforii The Lagos States Police Command on Tuesday assured the general public that adequate and necessary security measures have been put in place during and after the Eid el-Fitri celebrations. The Command in a statement signed by its Public Relations […]

OUT OF THE BLUE, a group calling itself the Niger Delta Avengers,NDA spouts. They kill soldiers and policemen.They kidnap and kill oil company workers. Piracy on the high seas. They asked oil companies to stop operations and pack out of the Niger Delta region. They blow up oil pipelines, power and other infrastructure. They attack […]

Budget 1and 2 L-R: Minister of State for Solid Minerals, Hon Abubakar Bwari; Minister of Solid Minerals Development, Dr Kayode Fayemi; and Minister of Works, Power and Housing, Mr Babatunde Fashola (SAN); during the budget defence session at the National Assembly….on Tuesday Minister of Solid Minerals Development, Dr  Kayode Fayemi, has felicitated with Muslim faithful […]

Note: “Buy” refers to the rate you pay if you want to buy forex. “Sell” is the rate that you sell to parallel market operators. Our rates are obtained from black market operators on the mainland and the island of Lagos. We prefer to publish the higher of the two. Dollars Buy   – N353 […]

GlaxoSmithKline Consumer Nigeria Plc (GSK) held an investor conference call yesterday to discuss the proposed disposal of its drinks business to Suntory Beverage & Food Nigeria Ltd (Suntory). Finance costs are expected to subside following settlement of huge intercompany payables which had hitherto limited earnings growth due to foreign exchange scarcity and devaluation. GSK Nigeria […]

Go east, young lawyers! Pretty far east! As we celebrate our nation’s liberation from our evil cross-Atlantic oppressors this July, smart lawyers might want to consider an English invasion of their own. Following Britain’s vote to exit the European Union last week, Europe has been in convulsions. Lawmakers are crying foul, the economy is in […]

FindLaw columnist Eric Sinrod writes regularly in this section on legal developments surrounding technology and the internet. At this point, it may come as no surprise that the US government has some ability to monitor internet traffic. However, the tremendous extent of government surveillance may be somewhat alarming to those who are interested in privacy […]

The long July 4th weekend just passed, and if you were able to take our nation’s birthday off, you might be thinking to yourself this Tuesday that a three-day weekend just isn’t long enough. We agree. After all, your kids get the whole summer off. Even bar exam takers get a few weeks free after […]

President Muhammadu appointed Emmanuel Ibe Kachikwu as Minister of  State for Petroleum on Wednesday, November 11, 2015 alongside 35 others. The President deliberately excluded the Minister of Petroleum as he personally wanted to oversea the affairs of the ministry. Within this period, Kachikwu reported directly to the president. This and the inability of President Buhari to […]