admin

The EU and Nigeria will discuss a deal to send economic migrants back to Africa’s most populous country as Europe seeks to replicate a recent pact with Turkey that is dramatically curbing migration flows from the Middle East. Nigeria may be looking to the terms secured by Turkey. The EU has agreed to give Ankara […]

Lafarge Africa Plc posted a first quarter loss to start the year as the Nigerian cement maker grappled with intense competition and an inability to meet demand for its products in essence ceding market share to rival market leader Dangote Cement. For the first three months through March 2016, Lafarge posted a loss after tax […]

[embedded content] A Nigerian based research company, SB Morgen has released an extensive report detailing attacks by Fulani Herdsmen from 1999 till date. The report catalogues how these attacks have grown exponentially between 2011 and 2015. From about 19 attacks between 1997 and 2012 it has now grown to 371 incidents, with the bulk being […]

News of the Nigeria government swapping a fraction of its foreign reserve for the Chinese Yuan was received by Nigerians with mixed feelings. Most are of the opinion that it would trim down the demand for the dollar hence, ease the pressure on the country’s foreign reserve. The question is will a currency swap resolve […]

Submitted by Charles Hugh-Smith of OfTwoMinds blog, The endless bleating of well-paid pundits in the corporate media about “reform” is just more circus. It’s difficult for well-meaning pundits to abandon the fantasy that meaningful reform is possible. Indeed, a critical function of the punditry and corporate media is to foster the fantasy that the status […]

Is the establishment’s fervent hatred of Donald Trump starting a U-turn? It’s still too early to know, however at least one core Republican, former house speaker John Boehner, has made it very clear he is not a fan of Ted Cruz. At all. So much so that according to NBC the former Republican House Speaker […]

Submitted by Pater Diekmeyer via SprottMoney.com, Gold investors learn early that one of the best ways to leverage their exposure is to buy gold stocks. That strategy has performed well recently. As of Friday, the NYSE ARCA Gold Bugs Index , which trades under the symbol HUI, had nearly doubled since its January low. The […]

Copyright ©2009-2016 ZeroHedge.com/ABC Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every time you engage the site: they’re updated constantly without notice.  Don’t poke around on the site without reviewing our Cookie Policy; you expressly agree to our serving cookies unless they’re disabled […]Read More

Contact Information: Tips: tips [ at ] zerohedge.com General: info [ at ] zerohedge.com Legal: legal [ at ] zerohedge.com Advertising: ads [ at ] zerohedge.com Abuse/Complaints: abuse [ at ] zerohedge.com Advertise With Us Suggested Reading: Make sure to read our “How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The […]

US stocks may have already forgotten about the dramatic collapse in Japanese equities and the surge in the Yen which wiped out months of profits from macro funds (and certainly the latest GDP miss) with the S&P wiping out some 15 points in losses in 36 minutes, but for Japan the hangover from Kuroda’s lack […]

With all the problems facing America – both at home and abroad – The House Armed Services Committee decided on Wednesday to solve one of the nation’s crucial “problems” – a “sexist draft.” As Military.com reports on Wednesday the committee approved (by a narrow margin) an amendment to a defense bill to require women to […]Read More

Submitted by Wall Street Examiner’s Lee Adler via Contra Corner blog, In March of 2005, 52,000 new homes were sold at prices of less than $200,000. At the bottom of the crash in March 2009 that number had dropped to 14,000. The Fed instituted ZIRP and QE around that time.   Sales of homes under […]Read More