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  • JPMorgan: “The ECB Could Purchase Equities Next”

    On Thursday, after the ECB’s stunning announcement that it would for the first time start monetizing corporate debt, we joked – or so we thought – that “within 6-9 months we expect to add a chart showing Europe’s junk bond market which will be next on the monetization menu, followed shortly after by equities and […]Read More
  • Nigerian Troops Kill 40 #BokoHaram Members At Alajeri, Destroy Camp

    11 Shares Share Tweet Share Share Email As it had announced in previous days and weeks, the Nigerian Army said on Friday that it had killed at least 40 members of Boko Haram in Borno State and completely destroyed the terrorists’ camp in Alajeri. “Following reliable information on the presence of some Boko Haram terrorists,” Colonel Sani […]Read More
  • Guinness Pays N11.4m Fine, Withdraws Suit Against NAFDAC

    A suit instituted by Guinness Nigeria against the National Agency for Food and Drug Administration and Control (NAFDAC) and the Attorney-General of the Federation has been withdrawn. This is because Guinness has paid the N11.4 million fine imposed on them by NAFDAC. In addition, the beverage industry agreed to pay administrative and service charges to […]
  • And Here’s A Recap Of This Week Top Trending Stories

    Aliko Dangote Just made these huge revelations at the Economist summit:Aliko Dangote, Africa’s richest man and President and Chief executive officer of Dangote Group, says his cement company Dangote Cement has seen a 47 percent growth in sales volumes between January and February 2016. Moody’s Set To Downgrade These 3 Nigerian Banks, Here’s Why:Moody’s Investors […]Read More
  • 5,000 Exportable Products Are Available In Nigeria

    A major agricultural exporter, Olufemi Boyede, has said it is high time the nation began to explore the over 5000 exportable products in the country. He made this statement while announcing a one-day workshop on non-oil export fixed for next week. For Boyede, he is quick to suggest that the Federal Government’s quest to diversify […]
  • Why Companies Don’t Want You To Look At GAAP Earnings

    Two weeks ago, when we did our latest analysis of GAAP and non-GAAP earnings, we were stunned by several findings: First, consensus Q1 2016 non-GAAP earnings, the kind that even Warren Buffett openly rails against, have imploded from +5% to -8.3% (this was “only” -7.4% two weeks ago), and more than double the -3.4% plunge […]Read More
  • Oil Market Commentary 3 11 2016 (Video)

    By EconMatters A sleepy Friday where we touched $39 a barrel briefly before profit taking into the European close. We have near term support for WTI at $37.22 for the April contract, with the next level of stronger support at the $36.12 area on the charts. If we break $36 a barrel this will signal […]
  • Why Negative Rates Can’t Stop the Coming Depression

    Submitted by Bill Bonner via InternationalMan.com, Are you ready to pay to save? Agora founder Bill Bonner explains why “negative interest rates” are spreading around the world…and could soon come to the U.S. Like Doug Casey, Bill believes the worst is yet to come. Bill says the coming financial collapse will be worse than the […]Read More