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Six medical doctors from Ekiti State and a driver have died in a car crash and Governor Ayodele Fayose has declared three days of mourning. “I am deeply sad. This is one loss too many,” Mr. Fayose said in a statement on Monday. The governor declared the death of the six doctors in an accident […]

U.S. President Barack Obama speaks during a meeting with members of his national security team and cybersecurity advisors on new actions to enhance the nation’s cybersecurity, including measures that are outlined in the President’s FY2017 Budget proposal at the White House in Washington February 9, 2016. REUTERS/Kevin Lamarque The United States Consulate General in Lagos […]Read More

Commentary The week got off to a slow start, owing to technical issues and due diligence checks by the NSE on its trading system.  At the close of trading on Friday, the market benchmark ended the week in the positive territory. The All-Share Index was up 53bps to close at 24,850.11pts, trimming the YtD decline […]

President of Dangote Group, Aliko Dangote, said he will assist the Federal Government in turning around and diversifying the country’s economy. Dangote made this statement in Lagos on Friday where he was honoured as “Man of the Year 2015” by a popular national newspaper. Africa’s richest man said he was working hard with his company […]Read More

Dear Scottrade, As a Canadian who owns over 400 acres of active gold mining territory it the heart of the Rocky Mountains, and has never used your “services”, I can hereby implore you to go fuck yourselves and the worthless paper fiat you rode in on. I have been actively telling you banksters to GO […]

Authored by Mark St.Cyr, To say central banks have intervened far too long within the financial markets would be an understatement. However, what can not be overstated is just how far down the “rabbit hole” of lunacy they are continuing to push all measures of fundamental business understandings such as, competitive advantage, governance, price discovery, […]

As BofA’s Michael Harnett reminds us, on Thursday, April 28th, the US equity “bull market” becomes second longest ever. Next Thursday the current bull market will be 2607 days old, exceeding the bull market of June 1949 to August 1956 by one day; the longest bull market ever was October 1990 to March 2000 (3452 […]

There is a saying that the whole is greater than the sum of its part. This may be true everywhere, except in China, where the total is whatever some goalseek machine decides it is. We first saw China’s flagrant manipulation of data when the nation released its “better than expected” trade “data” two weeks ago. […]Read More

Submitted by Matthew Continetti via NationalReview.com, How bad is Hillary Clinton’s image? This bad: Fifty-six percent of Americans view her unfavorably, according to the Huffington Post pollster trend. One-third of New York Democratic primary voters say she is neither honest nor trustworthy. Her image, writes Dan Balz, “is at or near record lows among major demographic groups.” Like, all […]Read More

As we reported yesterday, following the meeting held between Obama and Yellen last Monday, one reader tried to get some additional information on what was exchanged between the two most important people in the world beyond the cursory White House statement which is reposted below: The President and Chair Yellen met this afternoon in the […]

Submitted by Eugen von Bohm-Bawerk via Bawerk.net, Economic forecasting, no matter how complex the underlying model may be, is essentially about extrapolating historical trends. We showed last week how economic models completely fail to pick up on structural shifts using Japan as an example. On the other hand, if an economy doesn’t really change much, […]

Following Obama’s stunning foray into UK politics with his anti-Brexit oped (which surprised both the pro and anti-Brexit camp as there was little to be gained from Obama’s gracious entrance of an elephant in a UK political China store) on Thursday evening, one person who had a rather visceral reaction was London Mayor Boris Johnson […]