admin

Concerned about both the loss of gas supply to power plants in the country and significant loss of potential revenue arising from the damaged Forcados Export Terminal, Vice President, Prof. Yemi Osinbajo, SAN, has called for an expedited repair of the strategic terminal operated by Shell, and the activation of an alternative process to ameliorate […]

Governor Akinwunmi Ambode has announced that the Eko brand of rice would be ready in six months. He made this disclosure while inspecting the of Imota rice processing factory in Ikorodu. While at the factory, Ambode was briefed on the present production capability of the Rice mill, which is presently stood at 2.5 metric tonnes/hour. […]

As expected the price of Brent Crude has dropped by a massive 5% in Asian Market following the gridlock reached by representatives of oil-producing countries. Brent Crude Prices wad down by more than 5% to about $40.87 per barrel in Asian markets which typically opens before other markets. Leading oil producers met over the weekend […]

The Nigerian Stock Exchange lost a massive 2.4% last week after the market tanked on the first day of trading last week. Indications suggest the sell-off may have been as a result of foreign portfolio investors who have been trying to exit the equities market following their inability to repatriate funds. However, as companies start […]

Submitted by Lance Roberts via RealInvestmentAdvice.com, Is The Bull Market Back, Or Is It A Trap? I wish I had a more definitive answer for you this week, but the market is standing at the proverbial “crossroads” of bull and bear. From a “fundamental” perspective there is not much good news. The past week we […]Read More

When it comes to skewering logic, cause and effect, and simple facts, nobody does it quite like Goldman. Which is why when we got the just released post-mortem of the Doha deal from Goldman’s energy analysts Courvalin and Jeffrey “short gold” Currie, we fully expected them to spin today’s unprecedented OPEC failure into a bullish […]Read More

Euro Pacific Capital’s Peter Schiff sat down with Alex Jones last week to discuss the state of the economy, and where he sees everything going from here. Here are some notable moments from the interview. Regarding how bad things are, and what’s really going on in the economy, Schiff lays out all of the horrible […]

Authored by Mark St.Cyr, There are many infamous con games that have been foisted upon the public for millennia. Probably none more enduring than that of Charles Ponzi which bears his name as its moniker. Yet, there’s also been another who was also just as “daring” when it came to finding ways as to extract […]Read More

Now that the next and final phase of unorthodox monetary policy, i.e., helicopter money, has had the blessing of both Mario Draghi and Ben Bernanke, and is virtually assured, there are three questions: how to trade it; where will it be implemented first (and certainly not last), and how will it all end. We covered […]

Today, credit cards are one of the most important sources of big bank profits. However, a look at the history of credit cards shows that things weren’t always that way. [embedded content] As VisualCapitalist’s Jeff Desjardins points out, while it may seem today that credit is impersonal and calculated, credit was once a privilege built […]

Submitted by Dan Sanchez via AntiWar.com, What if a presidential candidate threw a political rally, and nobody came? What if a government held an election, and nobody voted? What if that same government started a war, and nobody participated, whether in body or in spirit? These questions are related. Election season is trudging on, as […]

Prophet TB Joshua Some readers of My blog cannot fail to recall that four years ago, in an electioneering season, this author wrote an article with the above title. Today, the political cycle of elections has reached a point when the question of the usefulness of opinion polls becomes relevant. It is the time when […]