US monetary conditions are the tightest since 2009, financial conditions the tightest since 2009, and as Moody’s reports today Liquidity Stress is at its worst since February 2010 – all…
In mid-January, just as the market was crashing due to among other things concerns that the economy was prolapsing, we had a brief exchange with the Atlanta Fed asking them…
Willie Sutton was one of the most infamous bank robbers in American history. Over three decades, the dashing criminal robbed a hundred banks, escaped three prisons, and made off with…
With Nikkei 225 down 800 points from post-NIRP highs and USDJPY having almost roundtripped, there is little wonder that Japanese government bond yields are collapsing to imply considerably deeper NIRP…
By EconMatters The modern era of financial markets means that basically there are two assets: Risk On and Risk Off. The last two days we have been in Risk Off…
Well, don’t say we didn’t warn you. Just yesterday, in the course of documenting the largest ponzi scheme the world has ever known (in terms of number of victims), we…
Nigeria is set to finally end crude oil swap deals in March according to an article from Reuters. It will be replaced with “Direct Sale-Direct Purchase system that will now…
Guinness Nigeria Plc has appointed former Minister for Communications Dr. Omobola Johnson as a director of the company. The company confirmed this through a press release sent to the Nigerian…
Tiger Branded Consumer Goods Plc released its financial results for the 3 months ended 31 December 2015. The result showed that revenue rose marginally by 0.07% from N10.66 billion in…
The Nigerian Stock Exchange All Share Index (NSEASI) appreciated marginally by 0.03% on Tuesday to close at 23,834.87. Here is a snapshot of trading today: ASI: 23,834.87 DEALS: 3,451 VOLUME:…