When Cash Is Outlawed… Only Outlaws Will Have Cash
Submitted by Bill Bonner of Bonner & Partners (annotated by Acting-Man.com’s Pater Tenebrarum), Control, Tax, Confiscate Harvard economist Larry Summers is a reliable source of claptrap. And a frequent spokesman…
$500 Million In ISIS Cash “Reserves” Destroyed By US Airstrikes, Officials Swear
On Thursday, we revealed something truly shocking: ISIS is no longer handing out free Snickers bars and Gatorade to its fighters. Apparently, the cash crunch created by Russia’s unrelenting assault…
Has The Market Crash Only Just Begun?
Having successfully called the market’s retreat in the fall of 2015, Universa’s Mark Spitznagel is not taking a victory lap as he warns Bloomberg TV that “the crash has only…
Best Week Of 2016 For Stocks Amid Biggest Short-Squeeze In A Year
Come on… stocks are up large… everything must be awesome!! This was S&P and Dow Transports best week of the year… (Dow Industrials best week in 3 months, Nasdaq and…
Nigerian Stocks End Week On A High
Nigerian stocks ended the week on a positive, as the All Share Index (ASI), was up 0.70% to close at 24,432.51. Consumer goods stocks – NESTLE, TIGER BRANDS, and GLAXOSMITHKLINE…
Sources: MTN $3.9 billion Fine May Be Slashed
The ongoing battle between MTN and the Federal Government over the $3.9 billion fine imposed by the Nigerian Communications Commission (NCC) may soon be resolved according to Reuters. The report…
This Is Why Fuel Price May Go Lower By April
Following the start of price modulation that led to the review of petrol pricing template in January, a new review would likely begin by March 15, according to Mr. Farouk…
“Extranormal” : Rencap Explains Why GSK Nigeria Strong Buy
On 25 January 2016, GlaxoSmithKline Consumer Nigeria Plc (GSK Nigeria) received a non-binding offer from Suntory Beverages & Foods Ltd (Suntory) to acquire GSK Nigeria’s drinks business. Although we are…
List Of Banks And The Forex They Received From The CBN
First Bank of Nigeria Limited led the list of commercial banks receiving foreign exchange from the Central Bank of Nigeria (CBN) in the latest published returns. The bank led others…
MTN Warns Investors Its Profit Will Drop By 20% Because Of Nigeria
MTN Group has issued a profit warning informing investors that they expect its full year profits to drop by about 20%. The telecoms giant claims its profits was severely affected…