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Submitted by Michaella Whitton via TheAntiMedia.org, U.K. police chiefs have called emergency meetings following an explosion in hate crimes across the country. The horrifying spike in racist attacks, which have come in the wake of Britain’s vote to leave the European Union, has prompted police to call for enhanced sentencing for those convicted of such […]

Several years ago, Hollande tried – and failed – to make French socialism that much better by instituting a 75% tax on millionaires. It didn’t last long. Now in the aftermath of Brexit, the French leader is pushing to make Paris into the capital that will benefit the most as companies may (or may not) […]

We realize that fundamental analysis, especially in light of recent events, is dead and buried, but for those few who still keep track, here is a troubling chart showing how fast the S&P’s cash flow is sinking relative to its debt load. As Bank of America helpfully points out, the USA is now trading at […]

Record low bond yields, Brexit uncertainty, and the biggest crash in home sales in 6 years… BTFD you idiot!! [embedded content] But “we’re halfway there…” [embedded content] Since the Brexit vote, UK’s FTSE 100 is now positive and by far the world’s best performing major stock market since Thursday’s close… China outperformed UK but of […]Read More

Authored by 720Global’s Michael Lebowitz via RealInvestmentAdvice.com, Before reading this article we highly recommend reading “The Death of the Virtuous Cycle” to provide better context. July 4th – June 6th – September 11th – August 15th You likely associated the first three dates above with transformative events in U.S. history. August 15th, however, may have […]Read More

One week ago, the Fed released the first part of its annual solvency stress test, which found that all 33 bank participants had passed, and would not need additional capital even in a severely adverse scenario which looked as follows: The severely adverse scenario is characterized by a severe global recession accompanied by a period […]

Between BofA, Citi, JPMorgan, and all the other big banks, announced buybacks amounting to dozens of billion have sent US equity futures spiking after hours. Bank of America Authorizes $5b Buyback; Boosts Div to 7.5c-Share Citigroup Plans $8.6b Buyback; Lifts Qtr Div to 16c From 5c JPMorgan Chase Plans $10.6b Buyback, Maintains qtr Div at […]

Buhari and Saraki shakes hands….. (Saraki is the President of the Senate….Both are not best of friends) Biya’s dinner ‘United them’ The Nigerian Senate has accused President Muhammadu Buhari’s federal government of lying when it said the Senate President and his deputy , not the Senate, were facing forgery trial. The Senate was reacting to […]Read More

The Central Bank of Nigeria has approved the appointment of Mr Seni Adetu as an Independent Director of Fidelity Bank Plc. His appointment takes effect from April 28, 2016 Source: NSE The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment […]

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 […]

Nigeria’s Cement Industry is currently made up of Dangote Cement Plc, Lafarge Africa and basically no one else. Both companies dominate over 90% of the Cement Market in Nigeria. That can however not be said when you compare both companies directly with each other. At the end of the Financial Year ended December 2015, Lafarge […]

NAN – President Muhammadu Buhari on Tuesday, June 28, 2016 said he has met with Christian from all over the country and exchanged ideas with them. Speaking when he hosted some Islamic clerics to breaking of Ramadan fast at the presidential villa in Abuja, Buhari called on religious leaders to intensify prayers for a better […]