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Authored by Bill Bonner of Bonner & Partners (annotated by Acting-Man’s Pater Tenebrarum), Scotland and Northern Ireland voted to remain in the EU. But the English, along with the Welsh, voted strongly to break out. They dodged the searchlights, the hounds, and the barbed wire. Now, they are on the loose… and we and others […]

In the aftermath of Germany refusal to allow Italy to breach Eurozone regulations, and provide its banks with up to €40 billion in new capital, Italy has unveiled a new track to handle its insolvent banks and as Reuters reports, the Italian government may have to inject capital directly into weaker banks to bolster their […]

The IMF appears set on making sure the exuberance in stocks is not mistaken for any reflection on optimism. Having warned of the systemic fragility due to Deutsche Bank, Madame Lagarde’s pre-Brexit fearmongering has now been confirmed post-Brexit as IMF spokesman Gerry Rice warns the near-term risks from U.K. vote to leave the European Union […]

Bank of England Gov. Mark Carney is delivering a speech on Thursday, a week after Britons voted to leave the European Union, the central bank said Wednesday. Carney stepped in to soothe financial markets Friday in the immediate aftermath of the shock Brexit vote, pledging the BOE would backstop the financial system with at least […]

The naira fell to 351 to the United States dollar at the parallel market and slightly to 282 at the new interbank market on Monday. Following the floating of the naira and the adoption of a single structure through the interbank/autonomous window, the currency closed last week at 281 to the greenback at the official […]

mperor Nero’s emergence as Roman Emperor in AD 54 was greeted with wild jubilation and expectation especially among the plebeians, aristocrats and subalterns. Interestingly, he came on the scene at a point the Roman Empire was burdened by gross internal decay and corruption. Regrettably, rather than address the obvious challenges confronting the Roman Empire, Nero […]

President Muhammadu Buhari has received some reprieve in the matter of his qualification for the office of president of Nigeria following the withdrawal of a case filed by an Abuja-based lawyer contesting his eligibility for office over his lack of a WAEC certificate. Mr. Nnamdi Nwokocha-Ahaaiwe who filed the case against the president in an federal […]

Nigeria lost one of its statesmen when Chief Ojo Maduekwe, a former minister of foreign affairs, lawyer and politician, has passed away at the age of 71 on Wednesday, June 29, 2016. Maduekwe, who was until his death the secretary of the Board of Trustees (BoT) of the Peoples Democratic Party, PDP, died shortly after […]

The Ondo State government has described the All Progressives Congress, APC, in the state as attention seeking desperadoes. The government in a statement on Thursday, June 30, 2016 said that the party has upped its ante in churning out falsehood and devising evil. “The APC in Ondo State has in the last 48 hours upped […]

by Charles Okafor Nigeria’s army chief, Lieutenant General Tukur Buratai is being accused of corrupt enrichment following revelations that he acquired two choice houses in Dubai in the United Arab Emirates and a multi-billion naira farm in Nigeria. Buratai claims Boko Haram is behind the story, while the Muhammadu Buhari government has “investigated and cleared […]

A letter supposedly written by Chief Femi Fani-Kayode from the detention centre of the Economic and Financial Crimes Commission, EFCC, is a hoax. A statement signed by Mr. Jude Ndukwe, a media aide to the former minister of aviation and delivered to The Trent on Thursday, June 30, 2016 confirms that the “letter from prison” […]

Man Banned From Sex Without Giving Police 24 Hours Notice To Go On Hunger Strike A man who has been cleared of rape still has to give police 24 hours’ notice before he has sex and has threatened to go on hunger strike.The single man, in his 40s, admitted to previously having an interest in sado-masochistic sex […]Read More