admin

We get the clear impression today that we heard this from the depths of The Eccles Building… [embedded content] As earnings offer little to no support whatever here…. This was the worst day for FANG stocks in 6 weeks – NFLX was crushed on weak growth expectations, (and non-FANG TSLA tanked on Consumer Reports questioning […]

There were some rumors reported late last week that the world’s biggest chip maker was about to fire a major portion of its workforce. Moments ago the company confirmed these rumors, when it reported that it was firing a whopping 11% of its entire workforce, laying off a massive 12,000 workers. From the report: Intel […]

Eric Hunsader, founder of Nanex, has been at the vanguard of warning about the dangers and the rampant fraud that the rise of high-frequency trading (HFT) algorithims have let loose in today’s financial markets. While he usually feels like a lone voice in a world happy to deceive itself, he was shocked to receive a $750,000 whistleblower […]Read More

Judging by the exuberant equity market, it is not ‘low’ gas prices, but high gas prices that are “unequivocally good” for America – after all the market is ultimate arbiter of how the average joe feels, right? However, if you drive a car – or gas-hungry truck – you may have noticed something in the […]

As the WSJ wryly put it this morning, “Officials at the European Central Bank surely celebrated Tuesday’s survey showing the last barrage of asset purchases and negative rates had a positive effect on bank lending to households and businesses.” Alas, as the WSJ also adds, “policy makers may want to hold off uncorking the champagne […]Read More

Share on Facebook Tweet on Twitter President Buhari receives Vice President Yemi Osinbajo and Minister of Budget and National Planning Senator Udo Udo Udoma in Statehouse on 19th April 2016 President Buhari receives Vice President Yemi Osinbajo and Minister of Budget and National Planning Senator Udo Udo Udoma in Statehouse on 19th April 2016 President […]

TB Joshua The Lagos State Government on Tuesday arraigned the Trustees of the Synagogue Church of All Nations (SCOAN) and two engineers who constructed the collapsed six-storey building within the premises of the church before a Lagos High Court in Ikeja on 111 counts criminal charge bordering on manslaughter and failure to obtain relevant building approval. The […]

Ibrahim Magu, EFCC Boss Nigeria’s anti-corruption body, the Economic and Financial Crimes Commission, EFCC, has uncovered over 37000 ghost workers in the federal civil service, the anti-graft Czar, Mr. Ibrahim Magu, disclosed on Tuesday. ‘‘Currently, EFCC working in close collaboration with the Federal Ministry of Finance and the Office of the Account-General of the Federation […]

Nigerian Senate President Bukola Saraki sits in the accused box during a hearing of corruption charges against him at Code of Conduct tribunal in Abuja, on September 22, 2015. Nigerian Senate president Bukola Saraki pleaded not guilty to corruption charges at the country’s Code of Conduct tribunal, a day after an appeal court rejected his […]

Overland Overland Airways, Nigeria’s leading commuter airline, has concluded plans to launch scheduled flight services from Akure, the Ondo State capital, to Abuja, Nigeria’s Federal Capital Territory, from April 25, the airline said in a statement on Tuesday. The flights will be operated three times weekly on Mondays, Wednesdays and Fridays, Overland said. “We are […]Read More

Lagos State Governor, Mr. Akinwunmi Ambode (middle); the Chief of Air Staff, Air Marshal Saddiq Baba Abubakar (2nd left), Chief of Staff to the Governor, Mr. Olukunle Ojo (left); Commander 435 Base Services Group, NAF Ikeja, Air Commodore Paul Masiyer (2nd right); Chief of Administration, Air Vice Marshal Ajibola Jekennu (right) and other NAF Officers […]

Share on Facebook Tweet on Twitter Douala Cameroon, having a drink at night Douala Cameroon, having a drink at night Previous articleBreaking Pictures! When Ambode Received Nigeria’s Chief Of Air Staff We are the best online Nigerian newspaper with a blend of international news, politics, culture, opinion and much more! Share our breaking articles, breaking […]