BLACKBERRY MIXED EARNINGS REPORT BRING A DIP TO THE STOCK
BY: Economic and Finance Report Blackberry shares dipped a bit on Friday because of their mixed earning report for the end of the year quarter. Finishing down to $9.99. There…
NIGERIA FEDERAL BANK INCREASES POSITION IN SUPPORTING NAIRA!!!
By: Economic & Finance Report The Nigerian Central Bank has placed currency traders in a tough position. As the Nigerian currency (Naira) slides, the Central Bank of Nigeria has indicated…
Latin America’s Economy May Be Affected By China’s Slowdown
By Economic & Finance Report It has been perceived that China’s economic slow growth recently may be affecting the Latin America’s economy, because of the lack of China’s purchasing raw…
AFRICA’S RICHEST BILLIONAIRE INVESTS $2BN IN NIGERIA OIL….
By: Economic & Finance Report Energy is big business in Nigeria and in Africa in general. Billionaire Aliko Dangote, Africa’s richest man has invested $2 billion dollars in Nigeria’s oil…
Africa’s Growth Potential Spurring Rapidly….
By: Economic & Finance Report Africa home to abundant resources and young potential growth force, that will make it the next frontier of expansive of growth if not already… *Africa…
Energy Decline Having An Lasting Effect On European Stocks
By: Economic & Finance Report Financial market losses on Friday, sent currencies in Russia and Norway to fresh multiyear lows. Defining concrete losses to European equity indexes. l The Stoxx…
Oil plunges 3 percent to new five-year lows after bearish IEA outlook
Oil plunges 3 percent to new five-year lows after bearish IEA outlook A customer uses a petrol nozzle to fill up his tank in a gas station at a supermarket…
Nigeria Sinks Below Zimbabwe Stock Valuations on Oil Rout
Bloomberg News Nigeria Sinks Below Zimbabwe Stock Valuations on Oil Rout By Paul Wallace December 12, 2014 Nigeria’s Islamist insurgency, tumbling oil revenue and a looming presidential election have turned…
Big Retail Stores In China Are Losing To E-commerce
ADAM JOURDAN, REUTERS Thomson ReutersPeople walk past a Suning store, one of the largest home appliance retailers in China, in Hong Kong SHANGHAI (Reuters) – It took China’s biggest retail…
Nigeria Not Kenya; Is About To Become Africa’s Next Big Technology Hub
*(pic above)Konga, an e-commerce site, is a Nigerian tech pioneer. (Reuters/Akintunde Akinleye) There’s too much money in Nairobi. That’s one way to explain why some venture capitalists are setting their…