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Nigeria’s biggest aluminium producer, the Aluminium Smelter Company of Nigeria (ALSCON) in Akwa Ibom State will commence production soon. Managing Director of ALSCON, Dimitry Zavyalov, made this statement while visiting the clan head of Ikot-Abasi where the multi-billion naira facility is located. The Management of UC-RUSAL Aluminium Smelter Company of Nigeria (ALSCON), the new owners […]

We received this amazing video of VI Captured with a drone by Aeroberry. According to, Rev Fr Gabriel Ezenwa who sent it to us via email, they explain that; The reason for this video is to emphasize the good things we have in Nigeria and Africa. I know there are some dirty and ugly places […]

Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Danbatta, has revealed that the telecommunication sector has contributed N500 billion to the national Gross Domestic Product (GDP) in the last 10 years. Danbatta disclosed this when he received members of Association of Licenced Telecom Operators of Nigeria (ALTON), led by its chairman, Mr […]

TIME magazine has listed a 25-year-old Nigerian-born American blogger, Angie Nwandu, among the 30 most influential people on the Internet. Nwandu of the celebrity gossip site, “The Shade Room’’ (TSR) came 20th, ahead of Kim Kardashian, Drake, Tess Holiday, Peter Bouckart, among others. According to the international magazine, Nwandu, within two years, transformed TSR, an […]

The American public has two clear choices: Fight back, or accept serfdom. If you think of the country as in decline, as most people do, and you think the cause is the predatory behavior of the big-money elites, as most people do, then you must know you have only two choices — acceptance and resistance. […]

From Guy Haselmann of Scotiabank BURP Yesterday’s FOMC meeting and press conference generated widespread unease. My personal uncomfortable feeling was reminiscent of a time many decades ago when a date stood me up and provided an excuse that made little sense. Simply put, the combination of the FOMC’s forecasts, economic assessment, and guidance on the […]

Submitted by Jeffrey Snider via Alhambra Investment Partners, If there is any doubt as to the confusion inside the FOMC, one needs only to examine its models. The latest updated projections make a full mockery of both monetary policy and the theory that guides it. Ferbus and the rest don’t buy the labor market story, […]

Authored by Danielle DiMartino Booth, Leonor Jean-Christine Soulas d’Allainval was no Shakespeare. His first play, “L’Embarras des richesses,” was a three-act comedy that premiered in 1726 and was performed only four times in the hopeful playwright’s lifetime. At age 53 he died embarrassingly franc-less at the Hotel de Paris. That’s not to say Soulas did […]Read More

It’s popcorn time. Barely 24 hours after Trump launched his first Hillary attack ad in which he showed a laughing Putin respond to a barking Hillary, and shortly after Hillary’s SuperPAC responded in kind with an ad of its own in which it used a Trump quote to mock him, the gloves are officially off, […]

“Originate-to-sell practices are not and have never been prevalent.” That’s a quote from Citi’s Mary Kane who, in a note out in late January, sought to dispel the notion that subprime auto was the next “Big Short.” While it may be true that ABS as a percentage of total auto loan origination has been range-bound […]Read More

Two weeks ago we hinted at the flashing red warning coming from ‘a 4,000 year old’ financial indicator. The Gold/Silver ratio had reached extremely high levels, which at the time we explained… This isn’t normal. In modern history, the gold/silver ratio has only been this high three other times, all periods of extreme turmoil—the 2008 […]Read More

Authored by Paul Craig Roberts, American presstitutes, such as the New York Times and the Wall Street Journal, expressed surprise at Russia’s support for the Syrian ceasefire, which Russia has been seeking, by Putin’s halt to attacks on the Islamic State and a partial withdrawal of Russian forces. The American presstitutes are captives of their […]