DANGOTE INVESTS $500 MILLION IN ETHIOPIA, FOR CEMENT…….
By: Economic & Finance Report Dangote Cement will be adding another cement refinery in Ethiopia. The refinery that is being constructed to be valued at around $500 million. The refinery…
NIGERIA CHARGES CENTRAL BANK OFFICIALS & STAFFERS FOR CURRENCY FRAUD!!!!!!!!!!!!!!
By: Economic & Finance Report In Abuja, six central bank officials and sixteen central bank staff have been charged with currency fraud, and theft in Africa’s biggest economy, Nigeria. The…
SILICON VALLEY SEEING BITCOIN AS THE REVOLUTION TO TAKE ON THE WORLD!!!!
By: Economic & Finance Report In Silicon Valley many tech startups and investment outfits believe Bitcoin is the answer to any financial crisis that should become in the near future.…
GREECE STILL NEGOTIATING WITH CREDITORS ON ITS DEBT!!!!!
By Economic & Finance Report Greece is still in negotiations with creditors about the debt it has encountered. Finance Minister, Yanis Varoufakis has indicated that the country is close in…
THE FAMOUS INVESTMENT MANAGEMENT FIRM PIMCO, NO MORE IN STOCKS… FOCUS ON BONDS
By: Economic & Finance Report The investment management firm that is known in the finance world as Pimco, has decided to shut down its equities units. The firm indicated they…
RICHEST MAN IN AFRICA WANTS TO BUY EURO SOCCER CLUB!!!!!!
By: Economic & Finance Report Africa’s richest man wants to attain England’s premier soccer team. Arsenal Football Club. Aliko Dangote Chairman & CEO of the Dangote Group has been seeking…
SAUDI ARABIA RESTRUCTURES ITS STATE OIL FIRM….ARAMCO
By: Economic & Finance Report Aramco state oil firm will be seperated from Saudi Arabia’s petroleum ministry, and will be provided as a separate entity. The Saudi Arabian king King…
AT&T BEAT EXPECTATIONS & SHARES RISE BECAUSE OF RESULTS!!!!!!
By: Economic & Finance Report AT&T beat analysts expectations Wednesday, when their reported company earnings came out, beating analysts expectations of $.62 cents a share. Revenue from the company came…
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OPEC INSISTS THE DEMAND FOR OIL WILL RISE IN 2015…..
By: Economic & Finance Report Opec has indicated that the demand for oil will rise the latter year of 2015. This is indication by Opec is noted because they stated…
ALIBABA PLANS MOBILE STARTUP IN INDIA!!!!!!!!!!!!!!!!!!!!!!
By: MAHINROOP PM Economic & Finance Report World’s biggest electronic commerce company Alibaba will establish a startup incubator inBangalore, India’s Silicon Valley. The Chinese ecommerce giant plans to setup mobile…