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Honorable Justice M.B Idris of the Federal High Court sitting in Lagos has delivered a judgment ordering past successive Nigerian presidents right from 1999 till date to “ensure that they account for all recovered loots, especially stolen public funds”Governments of Presidents Obasanjo, Yar’ Ádua, Jonathan and Buhari are all captured under this landmark judgment.This follows […]Read More

United Bank for Africa (UBA) Plc has announced the appointment of a new Group Managing Director/ CEO in the person of Mr. Kenedy Uzoka. The appointment takes effect from August 1, 2016, subject to the approval of the Central Bank of Nigeria. The lender also said Mr. Victor Osadolor is now the deputy Managing Director […]

Huhuonline.com understands that the office of Assistant Inspector General of Police Zone 1, Tuesday morning, flew Ese Oruru and her abductor, Yinusa aka Yellow to Abuja. Rabiu Rigim, spokesman of the zone, informed our correspondent that Ese and Yinusa are now with the Inspector General of Police, who will handover the 14 years old girl to […]

With Super Tuesday upon us, it appears no matter what the establishment throws at Donald Trump, nothing seems to stick and reduce his core support’s enthusiasm. Many on ‘the other side’ are unable to comprehend this support and so Indianapolis residents Jon and Elsa Sands wrote to The FT to explain why they are voting […]

Gold Up Another 10% In February – Best Month Since January 2012 Gold bullion rose 10.1% in February adding to the 7% gains seen in January. This means that gold is the best performing asset this year, up 17% so far in 2016. Silver is the next best performing asset with an 8% gain year […]

From decoupled American to deteriorating China, PMIs (and plenty of other data) is rapidly descending into the ugly reality that every mainstream economist is in denial about. Of course, this terrible news is terrific news for stocks (moar stimulus) but it is Gold that appears to be benefitting most as the inevitability of the next […]

After attempting a valeant, pardon the poor pun, Leap Day surge to close green for the month, a bout of late day selling resulted in the S&P500 closing just red for the month following a dramatically turbulent January, a continuation of the disappointing post Fed hike price action; indeed as noted earlier for global equities, […]

With analysts calling NatGas’s glut even bigger than crude’s, the following ‘chart’ has just become the scariest in the world for the energy complex. As Bloomberg warns, if you live in the eastern U.S., it’s almost time to put that snow shovel away and get out the gardening tools, as March temperatures are expected to […]Read More

It has been nearly six years since Zero Hedge proudly began collaborating with Nanex and Eric Hunsader (recall first from June 2010: “How HFT Quote Stuffing Caused The Market Crash Of May 6, And Threatens To Destroy The Entire Market At Any Moment“) who has been one of the most vocal critics of everything this […]

Well, Super Tuesday is upon us and we’re about to find out whether Donald Trump and Hillary Clinton will run the table on rivals and lock up their respective party nominations. “About half of the delegates needed for a Republican candidate to win the nomination are at stake, plus about a third for Democrats,” Bloomberg […]

With overnight weakness in data sparking hype that moar stimulus is coming, and therefore juicing demand for oil, crude prices spurted above $34.50 this morning (after the NYMEX close banging yesterday). However, the last few minutes have seen the machine slam WTI back into the red after Putin said he would ask Russian oil producers […]

Submitted by Lance Roberts via RealInvestmentAdvice.com, Warren Buffett, in his latest annual letter to shareholders, took aim at the idea that 2% real economic growth wasn’t sufficient to create economic prosperity for future generations was wrong. Via Myles Udland from Business Insider: “Some commentators bemoan our current 2% per year growth in real GDP – and, […]Read More