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Generated by IJG JPEG Library Senate President, Dr. Abubakar Bukola Saraki on Tuesday congratulated all practitioners in the media across the country and the world for their invaluable service to  humanity as they celebrate the World Press Freedom Day. Saraki in a statement signed on his behalf by his Special Adviser, Media and Publicity, Yusuph […]

Former Senior Special Assistant to Ex-President Goodluck Jonathan, Dr. Doyin Okupe, has called on governors to reduce their workforce instead of begging for bailouts from the Federal Government. He said it was becoming clearer everyday that the governors would not be able to meet the financial needs of their states with dwindling revenue accruing to […]

In a continuation of the probe into how the Peoples Democratic Party allegedly bribed some officials of the Independent National Electoral Commission before the 2015 presidential election, the Economic and Financial Crimes Commission (EFCC) has arrested an oil tycoon, Mr. Laitan Adesanya, for his alleged role in the $115m (N23bn) bribe funds. Huhuonline. com learnt […]

Fidelity Bank Plc on Monday sacked its embattled Chief Executive Officer, Nnamdi Okonkwo , and appointed an Acting Managing Director, Alhaji Mohammed Lawal Balarabe in his place. Balarabe, whose appointment is with immediate effect, was the  Executive Director North. The bank’s Board of Directors which approved the appointment, said,” the development followed the absence of […]

Submitted by Gail Tverberg via Our Finite World blog, There are many who believe that the use of energy is critical to the growth of the economy. In fact, I am among these people. The thing that is not as apparent is that growth in energy consumption is dependent on the growth of debt. Both […]

Three months ago the Fed released its Fourth Quarter “Senior Loan Officer Opinion Survey on Bank Lending Practices”, which revealed something ominous. It showed that in Q4, lending standards tightened for the second consecutive quarter. This was a problem because as Deutsche Bank pointed out at the time two consecutive quarters of tightening Commercial & […]

Submitted by Ron Paul via The Ron Paul Institute for Peace & Prosperity, Last week the House Armed Services Committee approved an amendment to the National Defense Authorization Act requiring women to register with Selective Service. This means that if Congress ever brings back the draft, women will be forcibly sent to war. The amendment […]

Submitted by Mike “Mish” Shedlock of MishTalk “Nightmare” Mistake: Visa Free Travel For 80 Million Turks Coming Up Of all the inane, self-serving, deals German Chancellor Angela Merkel made with Turkey, visa-free travel for 80 million Islamic Turks tops the list. “This is all a nightmare,” said one diplomat charged with making the deal work. […]Read More

by David Haggith   The question begs for conspiracy theories to satisfy it, but one might more aptly say that central banks beg for conspiracy theories to explain them, since they operate in the shadows while being given charge of all the financial systems of all the world’s greatest economies. Central bankers have the unchaperoned power to create the […]Read More

Forget about the number of superdelegates; or the several undemocratic manipulations by the Democratic National Committee (DNC).  The reality that stands out loud and clear at the end of April, with almost two-thirds of the primary-caucus vote having been cast, is that Hillary Clinton is commandingly leading Bernie Sanders in the democratically-chosen delegate count by […]

Despite a trillion dollars of credit spewed into the Chinese ‘economy’ speculative finance channels, Manufacturing remains in a slump as April’s China PMI tumbled to 49.4 after a brief bounce back up to 49.8 (from the 48.0 low in Feb). This is the 14th month in a row of contraction. As Caixin reports, relatively weak […]Read More

Submitted by John Whitehead via The Rutherford Institute, “The most striking fact about the story of Rip Van Winkle is not that he slept 20 years, but that he slept through a revolution. While he was peacefully snoring up on the mountain, a great revolution was taking place in the world – indeed, a revolution […]