The relationship between Samsung Heavy Industries and Lagos Deep Offshore Logistics (LADOL) has yielded another massive investment as both companies are pouring $400 million in a vessel fabrication and integration…
Nigeria’s Central Bank Governor Godwin Emefiele has a credibility problem. The naira is tanking despite futile attempts to hold it at a nominal level of N199/$ apparently arrived at by…
Today, the 8th Senate of the Federal Republic of Nigeria directed the Nigerian Electricity Regulatory Commission (NERC) to immediately suspend the February 1st, 2016 tariff hikes, which are estimated to…
Nigerian Stocks have recorded their first slump in a week, after the All Share Index (ASI) finished on a negative with a 1.26% drop. Here are the top gainers for…
Update: in case there was any doubt about the ECB’s true intentions, we just got the official “denial”: DRAGHI: ANY ECB ACTION ON EU500 NOTE IS NOT ABOUT REDUCING CASH…
“What is going on?”, Deutsche Bank asks, in the bank’s latest European equity strategy snapshot. Investors, Deutsche says, can’t seem to figure out why it is that European equities have…
Submitted by Keith Dicker of IceCap Asset Management What goes up can also come down Whether unknowingly or not, the media and the investment industry has created an information gap…
Submitted by Raul Ilargi Meijer via The Automatic Earth blog, Financial bubbles blown on the back of massive amounts of debt, of necessity lead to debt deflation (it’s just entropy,…
Having rallied all the way back to unchanged for the year thanks to yesterday’s China re-opening “adjustment,” the Yuan selling has resumed with onshore down by the most in a…
While both sellside analysts and buyside investors are panicking over the collapse in bank stock prices and the evaporation of market liquidity as virtually nobody trades any more, perhaps it…