POS operators to increase charges Point-of-sale (POS) operators in Nigeria may soon increase service charges following…
Category: Finance
Nigeria’s public debt surges to N142.3 trillion in Q3 2024: A Growing Fiscal Concern
Nigeria’s public debt surges to N142.3 trillion in Q3 2024: A Growing Fiscal Concern Nigeria’s total…
Nigeria’s inflation rate rises to 34.8% fourth consecutive increase
Nigeria’s inflation rate rises to 34.8% fourth consecutive increase The National Bureau of Statistics says Nigeria’s…
Naira appreciates by N125/$ one month after EFEMS’ launch
The Central Bank of Nigeria’s Electronic Foreign Exchange Matching System (EFEMS) has shown early signs of…
CBN Imposes Daily Cash-Out Limit of N100,000 for POS Transactions
CBN Imposes Daily Cash-Out Limit of N100,000 for POS Transactions This directive, effective immediately, aims to…
CBN slams N150m fine on banks releasing new notes to hawkers
CBN slams N150m fine on banks releasing new notes to hawkers The Central Bank of Nigeria…
Otedola Takes Decisive Action After Extravagant Send-Off Party
Otedola Takes Decisive Action After Extravagant Send-Off Party Femi Otedola, chairman of First Bank’s holding company,…
FirstBank Addresses Misleading Reports, Assures Seamless Operations
FirstBank has issued a statement to clarify misinformation concerning a recent system upgrade, emphasizing that the…
Goldman Sachs Shines Up Its Swamp Creature Reputation by Rehiring Robert Kaplan as Vice Chairman – the Guy Who Traded Like a Hedge Fund Kingpin While President of the Dallas Fed
By Pam Martens and Russ Martens, Originally Published in Wall Street On Parade The swampiest trading house…
Wall Street’s Megabanks Have Trillions of Dollars Off-Balance Sheet, in a Replay of the Road to the 2008 Financial Crisis
By Pam Martens and Russ Martens, Originally Published in Wall Street On Parade When the Financial Crisis…
The Fed Tallies Up a Big Threat to Financial Stability in the U.S.: “Runnables” at $21.3 Trillion
By Pam Martens and Russ Martens, Originally Published in Wall Street On Parade Last Friday, the…
Just Five Wall Street Banks Hold $223 Trillion in Derivatives, 83 Percent of All Derivatives at 4,600 Banks
By Pam Martens and Russ Martens Publishing in Wall Street On Parade According to the Financial Crisis Inquiry…
Naming Names: Professor Exposes the Banking Cartel that Has Hijacked U.S. Democracy
Originally Published in Wall Street On Parade: By Pam Martens and Russ Martens Gerald Epstein is Professor of…
Corruption Probe Widens to 20 Banks Over Forex Deals in Nigeria
Corruption Probe Widens to 20 Banks A far-reaching corruption investigation into the misuse of foreign exchange…
The Turmoil of Boycotts and Strikes: Starbucks Market Value Decline
Starbucks, the renowned coffee chain, has recently faced a series of challenges that have led to…
The New York Fed’s Half Trillion Dollar Bailout Facility: A Closer Look at Norinchukin Bank
Dollar Bailout: In a surprising move, the New York Federal Reserve recently added Norinchukin Bank to…
If Wall Street’s Mega Banks Are Safe and Sound as the Fed Says, Why Do They Need a Half Trillion Dollar Bailout Facility at the New York Fed?
By Pam Martens and Russ Martens: December 12, 2023 ~ John Williams, President of the New York…
The U.S. Treasury’s Financial Crisis Warning Bell Didn’t Ring Before the Repo Crisis of 2019 or This Year’s Bank Runs
By Pam Martens and Russ Martens Publishing in Wall Street On Parade The Office of Financial Research…
Number of IPO Listings Has Plunged in the U.S. While Some Investors Are Nursing Losses of 70 to 95 Percent
By Pam Martens and Russ Martens publishing in Wall Street On Parade Through last Friday, there have been…
Central Bank of Nigeria (CBN) has once again reassured Nigerians of an ample supply of naira notes in the country, cautioning against panic withdrawals.
Supply of naira notes: The Central Bank of Nigeria (CBN) has once again reassured Nigerians of…