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Update 10:56 am: Officers with the San Antonio Police Department and the Bexar County Sheriff’s Office said two people were killed in what appeared to be a murder suicide at Lackland Air Force Base on Friday morning. According BCSO spokesperson James Keith, the bodies of two people were found inside a building, known as 147, […]

Only in the new normal of manic algos and goal-seeked short-squeezes could actual news that Iran is undercutting OPEC by slashing prices to maintain market share be out-followed by hopefulness driven by upbeat comment from Janet Yellen (because she has nailed everyting so far) and more chatter about a production freeze (which makes no sense […]

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In the wake of the epileptic power situation in the country Minister of Power, Works and Housing, Mr. Babatunde Fashola, yesterday revealed that successive strikes between the 2014 and 2016 has cost the sector a loss of a whopping N7.7 billion. Speaking at the third triennial delegate conference of the Senior Staff Association of Electricity […]

President Muhammadu Buhari is conspicuously absent at the emergency meeting which he summoned yesterday. According to reports, Vice President Yemi Osinabjo is currently presiding the meeting which commenced at 11am. The President’s absence was apparently a surprise to the members of the FEC. Secretary to the Government of the Federation, Mr. David Babachir called the […]

If you are a Nigerian equity market investor and for whatever reason chose to invest your money through mutual funds in 2015, it would have made a whole lot of sense to avoid equity mutual funds sponsored by Stanbic IBTC, Zenith Bank, Afrinvest and ARM. In 2015, the worst performers according to SEC data analysed […]

JON SNOW The menacing fuel scarcity of the past few weeks and  epileptic power shortage has forced University of Lagos Akoka to shut down in order to avoid student protest. Whether other higher institutions will follow the path of the UNILAG isn’t known yet but a source who spoke to Nairametrics  said the hardship caused […]

Transcorp has reported what we view as a weak set of financials for 2015. Postponed naira devaluation, difficulties in improving power utilisation rates and stagnating hospitality flows are just some of the difficulties the company faces. Nevertheless, we believe 2016 could surprise investors on the upside with robust profitability growth, while the current depressed share […]

In more bad news for Nigerian investors, the Imdex provider,MSCI is considering yanking Nigeria off its MSCI’s Frontier Markets index. The index includes stocks from other African countries such as Kenya, Mauritius and Morocco. According to Reuters MSCI is consulting with investors to ascertain whether there is ease if capital inflow and outflow in Nigeria. Reuters […]Read More

The Florida man who was sentenced to eight years for knowingly accessing a computer with intent to view child pornography got no relief from the Eleventh Circuit, which recently affirmed the lower court’s decision. The decision expands current law as to who may consent to give access to your materials in the face of a warrantless […]

In the recent case Martinez v. Indiana Dept. of Child Services, the Seventh Circuit upheld a long held doctrine in the law: sovereign powers cannot be sued in federal court unless there is an alleged violation of the state’s constitution or the U.S. Constitution. Alternatively, the state can consent to being sued, but how often […]

The Tenth Circuit affirmed a lower court’s ruling that two police officers were not immune from suit when they taser-shot a mentally ill man at least ten times within two minutes. This case doesn’t come as much of a shock as other courts have recently acheived similar rulings. For example, the Fourth Circuit recently found […]