Number of Customers Who Have BNV
The Central Bank of Nigeria has released data on the total number of customers who have registered for the Bank Verification Number BVN as at February 7, 2016. Here is…
Perm SEC Explains Why N3.2 billion State House Clinic Is Worth It
One of the most controversial provisions of the 2016 Budget was a N3.2 billion budgeted for the state house clinic. The amount has caused outrage angering a lot of Nigerians…
Exchange Rate: Naira Depreciates To N311 & N440 Against Dollar and Pounds Respectivley
The exchange rate on the parallel market took a major hit yesterday after it traded at about N313 in some parts of Lagos. It finally closed at around N311 according…
US 2016 BUDGET: Obama Budgets $200m For New Military Spending In West Africa
President Barack Obama is proposing about $200 million in new military spending to confront Islamist militants in north and west Africa, U.S. defense officials said ahead of Tuesday’s budget rollouts…
Shell Scratches Decision To Invest $12.5 Billion In Nigeria’s Bonga Deep Water
Royal Dutch Shell has announced it is postponing its “final investment decision” to invest in Nigeria’s Bonga South West deep water. This revelation was made by the Chief Executive Officer…
Australia Admits Recent Stellar Job Numbers Were Cooked
Two months ago the Australian media, which unlike its US counterpart refuses to be spoon fed ebullient economic propaganda, called bullshit on the spectacular October job numbers, when instead of…
Nasdaq Volatility Spikes As “Exuberance Has Turned To Panic”
With the “generals” finally meeting their reality-maker, investors appear to be questioning the DotCom bubble-like highs as momentum collapses. “Exuberance has turned to panic pretty quickly,” notes one asset manager…
The Walking Dead: Something Is Rotten In The Banking System
Submitted by Pater Tenebrarum via Acting-Man.com, A Curious Collapse Ever since the ECB has begun to implement its assorted money printing programs in recent years – lately culminating in an…
America’s Most Hated Man Martin Shkreli Sued Over Ol’ Dirty Bastard Cartoons
When last we checked in on the “most hated man in America”, Martin Shkreli had just taken a $40 million hit on his E*Trade account. That’s a problem for two…
Deutsche Bank Is Scared: “What Needs To Be Done” In Its Own Words
It all started in mid/late 2014, when the first whispers of a Fed rate hike emerged, which in turn led to relentless increase in the value of the US dollar…