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A Michigan psychiatrist who also happens to sit on that state’s attorney discipline board has filed Request for Investigation against a fellow attorney. The source of the dispute? Comments the attorney made on his auto-law blog. The RI filing amounts to a “lightweight defamation claim” according to the Consumer Law and Policy blog. Troubling issues […]

A 48 year-old mother of three children, Mrs. Saidat Bola Hassan presented a mild drama at the Nnamdi Azikiwe International Airport (NAIA) Abuja when she allegedly vomited fifteen wraps of white powdery substances that tested positive for cocaine. The incident took place at the central screening section of the departure hall during screening of passengers […]

Nigeria, 11 Central African Countries Unite Against #BokoHaram, Buhari Welcomes Development – SIMONATEBA.COM 6 Shares Share Tweet Share Email President Muhammadu Buhari says his administration will partner with the eleven-member Economic Community of Central Africa States (ECCAS) to rid Nigeria and her neighbours of the menace of Boko Haram. Speaking at the State House Abuja […]

The exceptional governor of Sokoto State, Mr. Aminu  Tambuwal, has kept his words and the state government has released over N903 million for the payment of the registration and tuition fees of its students in various Universities in Nigeria and the Republic of Sudan. Mr. Tambuwal said over N400 million out of the amount is  […]

Ekiti State Governor, Mr Ayodele Fayose, described as a national embarrassment and advance fraud troubling revelations that “rats” invaded President Muhammadu Buhari’s budget and smuggling in fraudulent figures, adding that he shows clearly that the All Progressives Congress (APC) and Buhari were never prepared for governance. “If a government cannot prepare a common budget, it should just […]Read More

Press Statement The attention of the Office of the Special Adviser to the President on Niger Delta/Coordinator, Presidential Amnesty Programme has been drawn to the front page lead story of the Wednesday February 10, 2016 edition of  one of the national dailies titled “Sleaze in Amnesty Office’s N48bn Expenditure in Five Months Exposed”. This publication as was […]Read More

The trial of a former Jigawa governor, Alhaji Sule Lamido alongside his two sons, Aminu and Mustapha, and two others is progressing as documents showing how state funds was siphoned by the accused persons are being presented and admitted as exhibits in court. Lamido and his accomplices are being prosecuted on a 27-count charge by […]

The Central Bank of Nigeria (CBN) says that the introduction of mobile money in Nigeria has recorded huge impacts in the economy despite the challenges associated with it as a result of technology. The Director of Banking and Payments System Department in the CBN, Mr. Dipo Fatokun said the average value of transactions carried out […]

By Amy Fontinelle | February 24, 2015  SHARE    TWEET       Current Federal Reserve Chairwoman Janet Yellen, now in her second year, will hold an important place in history no matter what happens during her tenure because she is the first woman to head the US central banking system. Former Fed ChairmanAlan Greenspan holds an important […]

Having been at the forefront of the recent collapse in core European bank stock prices, Deutsche Bank has – as we first reported last weekend – been ‘crying uncle’ but not in a way most would expect: instead of begging for more central bank easing, DB told the ECB (and BOJ) to stop easing as […]

Remember the vicious cycle that threatened the entire European banking sector in 2012? It went something like this: over indebted sovereigns depended on domestic banks to buy their debt, but when yields on that debt spiked, the banks took a hit, inhibiting their ability to fund the sovereign, whose yields would then rise some more, […]

As we have reported previously on various occasions things are bad for European banks: from DB’s record wide 5Y Sub CDS, to Credit Suisse record low stock price, to everyone else inbetween. But did you know that for most European banks, 2016 is shaping up far worse than the dreaded 2008? As the following chart […]