admin

ABUJA, Nigeria (Thomson Reuters Foundation) – Three mothers of schoolgirls abducted from Chibok in northeast Nigeria two years ago said they had identified their daughters in a video released by Islamist group Boko Haram, the first possible sighting of the girls since a video in May 2014. About 15 girls featured in the video released […]

Share on Facebook Tweet on Twitter  The partnership agreement entered into between Sokoto government and various companies in the Henan Province of China will revolutionise the Nigerian state’s agricultural landscape for the long term benefit of the people, Governor Aminu Waziri Tambuwal says. Mr. Tambuwal, who was speaking after a meeting with Chinese investors at […]

Acting Director General of the Standards Organisation of Nigeria (SON), Dr. Paul Angya, says Nigeria can make billions of dollars from tourism and hospital industry sector. Angya said the Federal Government is determined to develop tourism as a means of growing the country’s economy, noting that Nigeria was ready to take her share of the […]

The Federal Government on Wednesday, says it will honour all agreements concluded between Nigeria and China particularly on power project. President, Muhammadu Buhari gave the assurance in Beijing at a meeting with the Premier of the State Council of the Peoples Republic of China, Mr Li Keqiang. While regretting the failure of past governments to […]

Experts have expressed fear about the new agreement signed by Nigeria to include China’s currency, Yuan in its foreign reserves. While they envisage many opportunities as result of the agreement, they hold several reservations one reason for this is because China is investing in US treasury and are the largest purchaser of US treasury. They […]

In a rerun of what happened two years ago when in April 2014 a Russian Su-24 fighter jet flew repeatedly within 1000 yards of a US warship, CNN reports that the Pentagon is furious that while sailing in the Baltic Sea, US warship the USS Donald Cook had two “extremely close overflights” by unarmed Russian […]

Ask people which is the most important structure that keeps the US capital markets humming day after day, and most will likely erroneously say the New York Stock Exchange, which however over the past decade has transformed from its historic role into nothing more than a TV studio for financial cable networks. Some might be […]

Submitted by Pater Tenebrarum via Acting-Man.com, Mr. X and his Mysterious Benefactors As the Australian Broadcasting Corporation (ABC) reports, a money-laundering alarm was triggered at AmBank in Malaysia, a bank part-owned by one of Australia’s “big four” banks, ANZ. What had triggered the alarm? Money had poured into the personal account of one of the […]Read More

As we reported on Friday morning, in a surprise announcement the Fed revealed under its “Government in the Sunshine” protocol that it would hold a closed meeting under expedited procedures in which it would review the “advance and discount rates to be charged by Federal Reserve Banks.” The last time such a meeting took place […]

After a brief hiatus during which central banks refrained from stimulating their economies by the only way they know how, i.e., devaluing their currency through monetary policy, moments ago Singapore broke ranks when its central bank, the Monetary Authority of Singapore, unexpectedly eased monetary policy and drew a line against further appreciation when it announced […]

It seems billion dollar baby of Silcon Valley, Elizabeth Holmes, is facing yet another unicorn-slaying moment as the fairy-take ending for Stanford drop-out looks increasingly distant after WSJ reports regulators are seeking ban the so-called “billionaire” from the blood-tsting business for two years after U.S. health inspectors have found serious deficiencies at Theranos Inc.’s laboratory […]Read More

After weeks of “stability,” and following two emergency Fed meetings in 3 days (and an unexpected ease by MAS), The PBOC decided today was the right time to drastically slash the Yuan fix by 300 pips. This is the largest devaluation of the Chinese currency since January 7th (and second largest since August’s world-market-turmoiling devaluation). […]