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In order to mask the tremendous capital outflows leaving its country – in order to prevent and/or delay a depositor panic – China has resorted to various gimmicks: back in October, we reported that the first one involved the PBOC gradually shifting from FX spot intervention to the using forwards as a preferred mechanism of […]

Via ConvergEx’s Nick Colas, This report marks the 2-year anniversary of our quarterly survey on the legal recreational marijuana market in Colorado. We’ve picked up a couple more states since then, now covering prices and business developments in Washington and Oregon. We survey numerous stores’ managers to track how a new market matures and how […]Read More

Student loans are incredibly difficult to discharge, even through bankruptcy, this is widely known. However in New Jersey, it appears as though student loans are still expected to be paid, even if someone gets cancer or even dies. This is something that Marcia DeOliveira-Longinetti learned when trying to close out a list of things to […]

Gold and silver have been the standout winners in the fallout from Britain’s decision to leave the European Union according to Bloomberg. They have compiled three charts showing how “precious” Brexit is for gold and silver. Investors seeking a haven from volatile currencies and equities pushed prices of the metals to a two-year high. With central […]Read More

Italy’s Prime Minister, Matteo Renzi, is getting desperate, and with good reason. As we reported this morning, the rally in European stocks fizzled and Italian banks tumbled after Italy’s 3rd largest (and the world’s oldest) bank, Monte Paschi cratered after it confirmed receipt of a letter from the ECB which had asked the troubled lender […]Read More

Authored by Sue Chang via MarketWatch.com, Andy Xie isn’t known for tepid opinions. The provocative Xie, who was a top economist at the World Bank and Morgan Stanley, found notoriety a decade ago when he left the Wall Street bank after a controversial internal report went public. Today, he is among the loudest voices warning […]

In the aftermath of the tragic suicide bomber attacks at Istanbul’s Ataturk Airport, Turkey’s biggest city now feels like a ghost town. Restaurants sit empty in the Sultanahmet tourist district, and five-star hotel rooms can be booked for bargain prices. As AFP reports, in better times, the queues outside the Hagia Sophia (a former mosque […]

Authored by Michael Goodwin, originaly posted at The New York Post, She can’t help herself. Even yesterday, with the political world fixated on her meeting with FBI agents, Hillary Clinton had her flack mislead the public. A spokesman said she gave a “voluntary” interview, which is true only because she agreed to talk instead of waiting […]Read More

Share on Facebook Tweet on Twitter Previous articleMaster Of Public Relations: Buhari Breaks Fast Dishing Food For Physically Challenged Woman We are the best online Nigerian newspaper with a blend of international news, politics, culture, opinion and much more! Share our breaking articles, breaking views and breaking pictures. We give you credible information. We do great […]

It is no longer news that the Central Bank of Nigeria (CBN) on Monday dissolved the management team of Skye Bank. What is now currently being analysed is the suggestion that we might be seeing another Lehman Brothers meltdown playing out. Thus we can’t just view this as one financial firm melting down but rather an act that […]Read More

The Central Bank of Nigeria on Monday dissolved the Management and Board of Skye Bank Plc following months of speculation about the financial health of the bank. The CBN Confirmed this via a circular on its website explaining why it took this decision. The CBN explained that it took this decision because Skye Bank had […]

The President on Monday via his special adviser on Media, Femi Aina announced a new board at the helm of the Nigerian National Petroleum Corporation (NNPC). The announcement read as follows; President Muhammadu Buhari has approved the composition of the Board of the Nigerian National Petroleum Corporation (NNPC), as provided for under Section 1(2) of […]