ECONOMIC AND FINANCE REPORT

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…

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…

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…

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…

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…

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 A customer uses a petrol nozzle to fill up his tank in a gas station at a supermarket…

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…

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…

*(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…