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Overnight exuberance sparked by lower than expected Cushing build reported by API is fading on the heels of June OPEC headlines of no production limits (and rising Saudi production) heading into DOE inventory data. Crude inventories printed a significantly higher than expected 2.78mm build but Cushing saw a smaller than expected build of 243k. Gaosline […]

Via SRSroccoReport.com, The days of JP Morgan controlling the silver market may be numbered as a new player in the silver market has arrived.  For the past several years, JP Morgan held the most silver on a public exchange in the world.  While the LBMA may hold (or did hold) more silver, their stockpiles are […]

In an extremely rare occurrence, the U.S. government will not try to squander every single nickel given to it by its taxpayers. As Sputnik News reports, Washington has pulled the funding on a deal that (through the foreign military financing fund) would subsidize roughly $429 million of a $699 million deal to send up to […]

A speedboat passes the rooftops and stalls of the Swali market as it speeds along the Nun river in Yenagoa, Nigeria, on Thursday, Jan. 14, 2016. With his security forces engaged in fighting Boko Haram’s Islamist insurgency in the north, President Muhammadu Buhari can’t afford renewed rebellion in the delta. Photographer: George Osodi/Bloomberg Operatives of […]Read More

R-L: Wife of the Lagos State Governor, Mrs. Bolanle Ambode, Governor Akinwunmi Ambode; Nigerian Musician, Lagbaja; APC National Leader, Asiwaju Bola Tinubu and Senator Oluremi Tinubu during an evening of Jazz Music with the Governor in commemoration of the International Jazz Day 2016, at the Lagos House, Ikeja, on Saturday, April 30, 2016. The Lagos […]

Share on Facebook Tweet on Twitter Tinted glass The Nigeria Police High Command said on Wednesday that it had extended to July 31 the deadline for revalidation of tinted glass permit and firearms licence. A statement by the Police Force said the Inspector-General of Police, Solomon E. Arase, has directed all State Commands Commissioners of […]

The Accountant General of the Federation (AGF), Ahmed Idris The total inflow into the Treasury Single Account (TSA) was N3 trillion ($15 billion) as at March ending while the number of Ministries, Departments and Agencies on single account  has risen to 976, the Accountant General of the Federation (AGF), Alhaji Ahmed Idris, has said.The AGF […]

By EconMatters People don`t realize the magnitude of all the Oil Producing Countries with declining Production Rates, and trending the wrong direction compared with the consistent and steady rise in Global Oil Demand Growth. The Oil Market is going to ‘unbalance’ in the opposite direction over the next 12 months, and start heading south fast […]

Submitted by Mike “Mish” Shedlock License To Steal: Italy’s Highest Court Rules “Theft Not A Crime If Hungry” In a ruling sure to heighten migration tensions in the EU, Italy’s highest court rules “Theft Not a Crime if Hungry“. Stealing small amounts of food to stave off hunger is not a crime, Italy’s highest court […]Read More

On Monday evening, President Muhammadu Buhari met behind closed doors with 16 Catholic Bishops under the aegis of the Catholic Bishops’ Conference of Nigeria. The meeting started around 9pm inside the First Lady’s Conference Hall at the Presidential Villa, Abuja. Alongside Buhari at the meeting were Vice-President Yemi Osinbajo; the Secretary to the Government of the Federation, Babachir […]Read More

Against the background of reports of continued attacks on communities across the country by armed herdsmen, President Muhammadu Buhari late Monday in Abuja restated his administration’s resolve to  deal decisively and expeditiously with the matter. Speaking at a meeting with members of the Catholic Bishops Conference of Nigeria (CBCN), President Buhari confirmed that heads of […]

Rt. Hon. Victor Edoror, Speaker of the Edo State House of Assembly and his deputy have been impeached by two third majority of the house. Our check shows that 15 out of the 24 house members voted in favor of the impeachment, which produced Hon. Elizabeth Ativie representing Uhumwonde local government area, and Dr. Justin Okunrobo […]