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Apparently, Europeans need to do ‘studies’ to show that markets are rigged.  See the study here.  In Summary: We examine stock index and Treasury futures markets around releases of U.S.macroeconomic announcements. Seven out of 21 market-moving announcementsshow evidence of substantial informed trading before the official release time. Pricesbegin to move in the “correct” direction about […]Read More

The ‘odd’ regime shift in the relationship between USDJPY and US equities continues overnight. Following some visible-handedness and follow-through momentum, Yen is weakening against the USD – normally a big flashing green sign for risk-on pajama traders but China’s biggest Yuan devaluation in 9 months (since the August turmoil) seems to have stolen the jam […]

President Muhammadu Buhari is said to have returned the 2016 appropriation bill to the National Assembly for the third consecutive time for further legislative work, a report said on Tuesday, explaining that the President returned the budget after discovering some faults in the latest version. Vanguard reported that the re-worked budget was sent to the president […]

John Bray Nigerian journalists should protect a free press and a neutral Internet to deepen democracy and bring about the desired development, the United States Consul General in Lagos, Mr. John Bray, said on Tuesday, as Nigeria joined other free countries to mark this year’s World Press Freedom Day, which focused on the freedom of […]

Share on Facebook Tweet on Twitter Previous articleProtect Free Press, Net Neutrality, U.S. Envoy Urges Nigerian Journalists On Press Freedom Day We are the best online Nigerian newspaper with a blend of international news, politics, culture, opinion and much more! Share our breaking articles, breaking views and breaking pictures. We give you credible information. We do […]

The Chairman and patriarch of United Bank for Africa (UBA), Tony Elumelu has announced that the bank is planning to inject billions more into its subsidiaries in Kenya, Tanzania and Uganda. According to Reuters, Elumelu made this remark on this sidelines of a news conference on Tuesday. According to him, expanding to these countries is […]

The death of Afeni Shakur, the mother of the late iconic rapper Tupac Shakur, amid a contentious divorce battle surrounding her late son’s estate could spark an even more complicated dispute. Shakur, whose net worth is listed at more than $50 million, had been the arbiter of her son’s estate, which reportedly reaps almost $1 […]

In what could be described as unprecedented in Nigerian banking circles (at least since independece) the CEO of Fidelity Bank, Nnamdi Okonkwo has now spent about 7 days in detention with the EFCC following allegations that he partook in the sharing of Diezani loot. It took the bank about 4 days to announce a temporary replacement […]

The Compliance Unit of the Central Bank of Nigeria, (CBN) on Tuesday, visited the corporate headquarters of Fidelity Bank Plc. According to a major source, the visit is connected with the ongoing investigations into the $115m scam involving the embattled Managing Director of the bank, Nnamdi Okonkwo and Dieziani Allison Madueke, former Petroleum minister under […]

The Supreme Court heard the final oral argument of the season last Wednesday. And while we’re still waiting for decisions in many of those cases, we can now get a sense of which attorneys had the biggest impact on the Court this term — at least when measured by their participation in cases argued. In […]

Last Thursday, the Supreme Court announced changes to the Federal Rules of Criminal Procedure, which govern criminal prosecutions in federal courts. Those amendments would make it easier to serve summons on foreign organizations without a U.S. presence, reduce the time for responding to electronic service, and allow judges to issue warrants for remote searches of […]

In these highly interconnected times, a company’s intellectual property and trade secrets are more valuable than ever. With this in mind, both houses of Congress sent a bill which will, upon President Obama’s signature, become the Defend Trade Secrets Act. If passed, the newly minted federal law will open the door for companies to sue […]