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Some were concerned earlier today, when SF Fed’s John Williams said that he sees about 2-3 rate hikes in 2016, followed by another 3-4 in 2017, suggesting a grand total between 5 and 7 more rate hikes over the next 18 months. However, those fears were promptly dissiptated when as Williams himself admitted during the […]

Submitted by Michael McDonald via OilPrice.com, One reality in the markets is that despite the best efforts of analysts and traders, no one ever knows with any degree of certainty what will happen to the price of an investment in the future. Oil exemplifies that premise right now. All year there has been a tremendous […]

After yesterday’s presidential run-off round, the leader of Austria’s anti-immigration, right-wing party, Norbert Hofer held a comfortable lead based on votes from the ground, with Hofer leading the independent, pro-EU candidate Van der Bellen by 51.9% to 48.1%, according to interior ministry data. However, in the end it all came down to the postal votes, […]Read More

The last few weeks have seen ‘Project Fear’ taken to all new levels by the UK establishment as doom-mongering over a possible Brexit conjure images of post-apocalyptic movies. UK PM Cameron and Chanceller Osborne’s latest op-ed tirade warns of 800,000 jobs lost and an “immediate year-long recession” if the Brits exercise their democratic right to […]Read More

By EconMatters The US sure is concerned about further BOJ intervention, the real question is why now? What is really going on behind the scenes? We delve into some of the possibilities that we think are at play here behind the scenes at the Federal Reserve and the U.S. Treasury. [embedded content] © EconMatters All […]

In the aftermath of the Panama Papers revelations, US authorities including the IRS appear to have begun a crackdown on tax evaders (if staying away from Washington D.C. for the time being for obvious reason), and according to Bloomberg they just landed a juicy target in the face of Morris Zukerman, a former head of […]

Finally, the Nigerian government did it. It “semi-deregulated” the price of the premium motor spirit (PMS) or petrol as lay people know it. As of Wednesday May 11, you could no longer drive into any gas station and fill your tank at N86.50/litre. Instead, you would have to cough out between 135 – 145 Naira […]

An Abuja High Court has overruled the Federal Government in its decision to confine the detained former National Security Adviser (NSA), Col. Muhammed Sambo Dasuki (Rtd.) to the premises of the Department of the State Security Service (DSS) to access and brief his lawyer in the on-going trial of criminal charges on corruption brought against […]

Share on Facebook Tweet on Twitter Governor Aminu Waziri Tambuwal, with the Minister of Health, Professor Isaac Adewole Folorunsho, at an event to mark this year’s World Malaria Day celebration in Sokoto…Monday 25/04/16 In line with global best practices, Sokoto government said it has established a Due Process Office that will ensure efficient and effective […]Read More

Ekiti State Governor, Mr Ayodele Fayose, has banned grazing and rearing of cattle in the State, explaining that those interested in cattle farming should get their own private cattle ranch. He said and a bill to make movement of cattle from one location to another criminal in the State will soon be sent to the State House of Assembly. […]Read More

Femi Fani-Kayode The Economic and Financial Crimes Commission, EFCC,  has obtained a warrant from a Magistrate court in Lagos to keep Femi Fani-Kayode for another three weeks, after already keeping him for more than a week. In a statement Fani-Kayode’s aide said the warrant was controversial and violated his fundamental rights. Below is his statement. […]

President Buhari To Visit Lagos After Ramadan Period The Presidency yesterday scaled down  President Muhammadu Buhari’s two-day official visit slated for today and tomorrow. “The truth is that the Vice-President, Prof Yemi Osinbajo,  will now represent the President in Lagos, said Senior Special Assistant to the President on Media and Publicity, Garba Shehu. According to […]Read More