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Nairametrics understand some traders are bewildered and clueless as the body language of President Muhammadu Buhari, during his Sunday speech, may be a signal that the 73 year-old has no intentions to devalue the currency.  Despite the looming recession that made the Monetary Policy Committee (MPC) of Africa’s largest economy adopt a more flexible exchange rate policy,  Buhari’s […]Read More

The Federal Government will commence the construction of a nuclear plant worth $80 billion. The plant will be constructed and at the point of completion, it will be operated by a Russian energy firm, Rosatom and later transferred to government. According to reports, a shared document between the Nigeria Atomic Energy Commission and the Ministry […]

The National Bureau of Statistics released its 2016 First Quarter Balance of Trade report revealing Nigeria had a negative trade balance of N184.1 billion. This will be the first time the country will be recording a negative trade balance since data collection began in 2008 and another string of “firsts” for the Buhari presidency. According […]

Niger Delta Avenger (NDA), the group behind recent bombing of oil pipelines in the Niger Delta has accused Tompolo of siding with the government and sitting on the fence while his people are being killed.The group also accused capt Hosa Okunbor and others of masterminding the raids in Gbaramatu. The allegations is contained in statement issued, […]

With about one month to the Presidential election of the Christian Association of Nigeria (CAN), a group Christians under the aegis of Patriotic Christian Youths of Nigeria (PCYN), on Sunday raised fears that some persons with questionable characters who were allegedly sponsoring a particular candidate that is close to the Presidency. Should they succeed, the organisation […]

Ekiti State Governor, Mr Ayodele Fayose has dared the Federal Government to carry out the alleged plot of preventing him from travelling out of the country , saying; “under the federal system of government, State governors are not appendages of the President and as a leading opposition figure in Nigeria, he cannot be cowed by President Mohammadu Buhari and his agents.” […]Read More

Niger Delta Avenger (NDA), the group behind recent bombing of oil pipelines in the Niger Delta has accused Tompolo of siding with the government and sitting on the fence while his people are being killed.The group also accused capt Hosa Okunbor and others of masterminding the raids in Gbaramatu. The allegations is contained in statement issued, […]

Submitted by Shepard Ambellas of IntellliHub The Elite One-Percent’s ‘Orgy Island’ Exposed If you can name it — it has likely taken place this the lavish private island off the coast of Puerto Rico which boasts a beautifully landscaped plush luxury estate complete with its own helipad, privy only to certain members of the global […]

First, put down all sharp objects. Now, meet Edith Calzado – maybe the single most successful and productive beneficiary of government assistance you’ll ever meet. As NPR’s Planet Money’s latest podcast “The Art of Living At The Poverty Line” explains how many Americans are taking advantage of the welfare system… “[Today], We hang out with […]Read More

Just last week we reported that Wells Fargo was reintroducing 3% down mortgages on its own, without going through the FHA. The reason we said, was that due to Wells’ mortgage origination pipeline drying up, the bank was desperate to find new and innovative ways to boost lending. Now we have direct confirmation that indeed […]

Our prediction that the cabinet of Brazil’s new president Michel Temer would not last long received its first validation just 10 days after the impeachment of Dilma Rousseff, when a recording was leaked in which Brazil’s new Planning Minister under Temer, Romero Juca, was overheard explaining how the removal of Rousseff would “prevent the wide […]Read More

Via TheAntiMedia.org, With California finally mattering in an election season, it might be the final state primary before the Democratic race for president is set in stone. Regardless, recent developments have made one thing astoundingly clear: Donald Trump will almost surely defeat Hillary Clinton in a head to head matchup – and that’s why a […]