Customs: Here Is How Much Seme Area Command Generated For FG In February
Nigeria Customs Service (NCS) has announced that its Seme-Badagry Area Command made N 1.072 billion for the Federal Government in the month of February. Customs Area Controller, Seme Border command,…
Analysis: MTN has a big problem and its not fines
MTN Group Ltd’s net income fell 7 percent without the huge fine imposed on it by Nigerian regulator as the company continues to grapple with a weak consumer base stoked…
Analysis: Champion Breweries just turned a major corner
Champion Breweries Plc ability to pay all debts owed helped the Nigerian beer maker revert to the path of profitability for the first time since at least 2011. The just…
6 – 2016-03-04 09:25:16 –
President Muhammadu Buhari has sent hearty congratulations to former President of Nigeria and elder statesman, Chief Olusegun Obasanjo (GCFR), as he turns 79 years old on 5th March 2016. Buhari…
Frontrunning: March 4
Rivals rip Trump but promise support if he is the nominee (Reuters) Employment gains seen accelerating in February (Reuters) Brazil’s Lula Targeted in Police Raid Into Corruption Scandal (BBG) Economist:…
What Is Driving All Currencies Lower Against Gold?
Gold has surged another 4% this week to bring year to date gains to 20% in dollar terms, 19% in euro terms and 24% in sterling terms. We were interviewed…
Real Soars To 6-Month Highs After Former Brazilian President Lula Detained
The Brazilian Real has soared over 2.5% this morning after the shocking news that former President Luiz Inacio Lula da Silva (Lula) has been detained by the federal police. The…
Why The Bulls Are Hoping For A Weak Jobs Number
In half an hour, the BLS will report the February unemployment rate and payrolls number which is expected to print as follows: February jobs exp. 195K (Low 70K, High 245K),…
February Payrolls Smash Expectations, Surge To 242,000 Even As Hourly Earnings Post Unexpected Drop
If bulls were expecting a February payrolls miss, they did not get it when moments ago the BLS reported that nonfarm payrolls surged by 242K in the past month, smashing…
Gold Surges, Stocks Purge As “Good Jobs” Euphoria Fades Fast
The immediate kneejerk rip in stocks (and bond yields) and dip in gold on the “good” jobs headline rapidly faded as the reality of ugly wage data seeped out. Crude…