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There was some confusion why the S&P 500 just had to close in the green yesterday. The answer was simple: as we reported first thing yesterday morning just two days after “world renowned” CNBC contributor Dennis Gartman said he was “covering shorts” because he was “stunningly, shockingly, stupidly wrong” he flopped and was reducing his […]Read More

If anyone is still confused why the most predatory, parasitic, and in many case criminal, of HFT actors are so vehemently opposed to IEX’s HFT-limiting exchange application, here is the reason.  According to Bloomberg, Europe’s Aquis Exchange has doubled its share of public European stock trading since Feb. 8, when it banned what it considers […]Read More

Submitted by Arthur Berman via OilPrice.com, Oil prices should fall, possibly hard, in coming weeks. That is because fundamentals do not support the present price. Prices should fall to around $30 once the empty nature of an OPEC-plus-Russia production freeze is understood. A return to the grim reality of over-supply and the weakness of the […]

Firstly, I’d like to thank Nigeria’s former President Olusegun Obasanjo. In 2004, he made a decision that has come to profoundly affect my life today. I would certainly have no reason whatsoever to even consider writing this, talk less discovering Nigeria’s rich potentials, if not for that action. When he instructed Nigeria’s National Broadcasting Corporation […]Read More

The Economic and Financial Crimes Commission, EFCC, on Monday, arraigned former Chief of Defence Staff (CDS), Air Chief Marshal Alex S. Badeh alongside a company, Iyalikam Nigerian Limited, before Justice Okon Abang on a 10-count charge bordering on money laundering, criminal breach of trust and corruption to the tune of N3.97 billion. The EFCC alleges […]

19.1K Crime Exclusive: Yewande, Nigerian Lawyer Who Stabbed Husband To Death Lived Pious Life Before Incomprehensible Tragedy 11.6K Crime Fake Nigerian Governor In Gombe State Docked For N.2m Fraud 9.7K Business MTN #Nigeria fined $5.2 billion for failing to register users 6.9K Politics Lagos Govt Justifies Investment: Our Choppers Located Crashed Bristow Helicopter 6.6K Business […]Read More

The Media Office of Senate President, Dr. Abubakar Bukola Saraki, has alerted members of the public of the renewed attempts being made by forces behind his on-going trial at the Code of Conduct Tribunal to muddle up the case and blackmail key individuals and groups involved directly and indirectly in the case. In a statement […]

Breaking Pictures! President Buhari Receives President Jacob Zuma Of South Africa In Abuja – SimonAtebaNews 4 Shares Share Tweet Share Share Email Share Tweet Share Share Email To Top error: Content is protected !!

Breaking! #BokoHaram Kills 4 In #Cameroon – SimonAtebaNews 4 Shares Share Tweet Share Share Email Suspected Boko Haram killers gunned down at least four people in Cameroon on Monday night in a sustained escalation of mass murder by a group of ruthless terrorists who have killed tens of thousands, displaced millions and kidnapped scores of […]

Punch Domestic transactions fall by N18.48bn in one month:Domestic transactions in Nigeria’s stock market fell from N59.21bn to N40.73bn between December 2015 and January 2016, the Nigerian Stock Exchanged revealed in a report on its website. Broadband penetration rose by 4% in 2015 – NCC:Broadband penetration in the country rose by four per cent to […]Read More

Major Oil Marketers Association of Nigeria (MOMAN) an independent body of key players in the downstream sector have just elected Akin Akinfemiwa as chairman of the association. Akinfemiwa is the Group Chief Executive Officer (CEO) of Forte Oil Plc. He is to take over from Wale Tinubu whose tenure has expired. A statement from MOMAN […]

Aliko Dangote, Africa’s richest man and President and Chief executive officer of Dangote Group, says his company should be able to generate about 12,000 megawatts of electricity for the country by 2018. He also said that his business estate would start selling foreign exchange to the Central Bank of Nigeria by 2020. Dangote was speaking […]