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Not everyone was delighted by Mario Draghi’s decision on March 10 begin monetizing corporate bonds: chief among them was Bundesbank president Jens Weidmann whose opposition to unorthodox monetary policies is well known, and whose “Northern Block” was among those voting against the ECB’s QE expansion (Weidmann himself was not among those voting last week). Of […]Read More

On March 3, Mitt Romney made a horrible mistake. He got up in front of a crowd at the University of Utah and lambasted Donald Trump. “If we Republicans choose Donald Trump as our nominee, the prospects for a safe and prosperous future are greatly diminished,” Romney said. “If Donald Trump’s plans were ever implemented, […]Read More

2 Shares Share Tweet Share Share Email Many had predicted that the rerun parliamentary election in Rivers State on Saturday would be bloody, and it is.  At least seven people have been killed in polls taking place in all the 23 local government areas of the state. The war songs and threats by the Peoples […]

MTN has formally withdrawn its suit against the Nigerian Communications Commission (NCC). The Chief Executive Officer of MTN Nigeria, Ferdi Moolman, on Friday, confirmed this in a statement in Lagos that the telecom operator kept its promise to act in good faith and withdrew the case from the court. Mooman said the withdrawal paved the […]

The management of Ashaka Cement Company has announced that it will construct a new power plant with the use of local coal. The plant is called Akko Independent Power Plant which is located in Akko Local Government in Gombe State. The Chairman Board of Directors of the Company Malam Suleiman Yahaya made this disclosure yesterday […]

International Ratings Agency, Standards and Poors has revised Nigeria’s sovereign credit outlook from Stable to Negative signalling that a ratings downgrades could be placed on Nigeria if things don’t improve. According to S&P it’s decision to place Nigeria on negative was due to Nigeria’s foreign exchange policy. The outlook revision reflects the negative effects on […]Read More

In a crucial blow to President Buhari’s economic policies, the value of Nigeria’s exports dropped by a massive 40% to about N9.7 trillion (2014:16.3 trillion). The National Bureau of Statistics made this revelation in its fourth quarter Foreign Trade Statistics report. According to the Bureau, crude oil exports on an annual basis total exports from […]Read More

Senator Bukola Saraki and other senators arrived the court room around 9:55 am.  He immediately went to greet members of his legal team led by Kanu Agabi (SAN) . Saraki’s lawyer also announced that the number of the lawyers to defend the Senate President may have increased to 80 as indicated by his lead counsel […]

Workers of National Hospital, Abuja, have threatened to embark on an indefinite strike by noon on Sunday, if its management fails to meet their demands. Acting under the aegis of Joint Health Sector Union (JOHESU), the workers made this known in Abuja at the end of a three-day warning protest tagged: “Work to rule”. The […]

By EconMatters Valeant Pharmaceuticals – need a ‘fix it” third party to come in stop the bleeding. Moreover, the current management team is stuck in the deer in headlights mode, and needs to start taking proactive steps to resolve the overhangs that our weighing down investor confidence on the street. [embedded content] Average: Your rating: […]

4 Shares Share Tweet Share Share Email The Peoples Democratic Party (PDP) claimed on Saturday that Chief Ibibia Walter, Rivers State Commissioner for Water Resources had  been abducted by unknown gunmen as tension soaked parliamentary elections were just getting underway. Elsewhere, voting began without problems even as the PDP claimed that five billion naira had arrived the state […]Read More

Complete Pictures Of Wealthy Woman Gone Crazy In Douala, #Cameroon, Pulls Off Skirt – SimonAtebaNews 3 Shares Share Tweet Share Share Email She parked her posh car in front of a super market in the commercial city of Douala in Cameroon, pulled off her skirt and began to remove the rest. As they tried to […]