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Former Militant leader, Government Ekpemupolo popularly known as Tompolo has written a very interesting open letter to President Muhammadu Buhari. Tompolo’s letter as obtained by Huhuonline. com read, “I make bold to say that there are several APC elements within and around your government who see anything Ijaw as criminal and anti-Buhari. Unpretentiously too, certain […]

Drama took place at the Code of Conduct Tribunal, CCT, on Tuesday as a counsel to the Senate President, Bukola Saraki, Paul Erokoro lambasted Federal Government’s lawyer for insisting that only one counsel should be allowed to cross examine a witness.   Saraki is standing trial on a 16-count charge of false assets declaration.  Erokoro […]

Emerging security reports from Rivers state say gunmen suspected to be militants have launched a failed attack on the Federal Prisons in Port Harcourt, the state capital.  During the attack on the Prison, two people were killed by the same group of suspected militants in the Rivers state Judiciary complex, Port Harcourt. Though reasons for […]

The Economic and Financial Commission(EFCC) has invited former Kano State governor, Ibrahim Shekarau for questioning over his alleged participation in the N23bn campaign fund scandal which was allegedly spearheaded by former petroleum minister,Diezani Alison-Madueke. Shekarau was urged to appear at the EFCC’s office in Kano today, May 10, 2016. “Shekarau was invited and is expected to come to the commission’s office […]Read More

In furtherance of ongoing efforts by his administration to enhance the security of lives, properties and investments in Nigeria and neighbouring countries, President Muhammadu will host the second Regional Security Summit in Abuja on Saturday, May 14, 2016. Participants in the summit will include President Francois Hollande of France who hosted the first Regional Security […]

…Create ranches for grazing Ekiti State Governor, Mr Ayodele Fayose, has said the state government will not release any portion of the state’s land to serve as grazing reserves for Fulani herdsmen, saying he only supports a situation whereby state governments establish ranches for herdsmen in their local communities. He said moving large ‎herds of […]

The relative peace in the health sector appears to be shaky as the National Association of Resident Doctors (NARD) warms up for a nationwide strike which begins from 8:00 am tomorrow (Wednesday.) Speaking on recurrent crisis in the nation’s health sector, especially among health professionals, NARD blamed non-medical practitioners.  The organisation argued that many non-doctors who had wanted […]Read More

Exactly one week ago, when looking at the record 14 consecutive weeks of selling by the “smart money” clients of BofA, i.e., hedge funds, institutions and private clients, we said that “maybe next week, which would mark a historic 15 weeks of consecutive smart money outflows, is when the tide finally turns, assuming the market […]

Submitted by Charles Hugh-Smith of OfTwoMinds blog, The promises made when there were 7 workers for every retiree cannot be kept when there are only 2 workers for every retiree. In an auto-mechanic analogy, the Powers That be are assuring us those grinding noises under the hood and the black smoke chugging out of the […]

Submitted by David Stockman via Contra Corner blog, Donald Trump says a lot of whacko things, and his recent wild pitches about defaulting on the national debt and replacing Yellen because she is not a Republican sound as if they were coming right out of his wild man wheelhouse. Certainly these statements have gotten mainstream financial […]

Remember how the Fed claimed it was embarking on a tightening cycle? Well, the Fed failed to hike interest rates in January, March AND April despite the “data” hitting levels at which the Fed said it would hike. There is now talk of a potential hike in June… but the Fed futures indicate less than […]

Until yesterday, Peer2Peer leader LendingClub was the darling of the sellside industry, with 12 buys, 7 holds and just 2 sells. And as is usual on Wall Street, what a different 1 day makes because just hours after a major internal scandal was revealed that saw the CEO getting kicked out, and potentially implicating none […]