Camac Secures $100m Loan To Boost Nigerian Offshore Activities
Oil and gas exploration company Camac Petroleum has secured a five-year $100 million loan from Nigeria’s Zenith Bank to expand ...
FirstRand Targets $924 Million for Expansion in Africa – Operation in Ghana to begin 2015
FirstRand Ltd. (FSR), Africa’s biggest bank by market value, is setting aside 10 billion rand ($924 million) for expansion across ...
Ghana to Double Oil Production by 2017 on Tullow, Eni Deposits
Ghana will double crude production by 2017 as offshore deposits being developed by Tullow Oil Plc and Eni SpA start ...
Wall Street falls late afternoon; Apple shares cut gain
U.S. stocks were down sharply in late afternoon trading on Tuesday in a broad selloff as shares of Apple (AAPL.O) ...
When new ideas breed new losers
Everyone loves innovation, right? New ideas help us do so many things better, whether it is computers for productivity or ...
Ghana Plans IMF Talks for Help With Worst Africa Currency
Ghana’s Finance Ministry will start talks with the International Monetary Fund as early as next week with support from the ...
EBay’s PayPal Unit to Start Accepting Bitcoin Payments
EBay Inc. (EBAY)’s PayPal service will start accepting bitcoins, opening up the world’s second-biggest Internet payment network to virtual currency ...
SAC’s Martoma gets nine years prison for insider trading
Former SAC Capital Advisors portfolio manager Mathew Martoma (C) exits the U.S. District Court for the Southern District of New ...
No new debt for Germany in 2015, first time since 1969
German Finance Minister Wolfgang Schaeuble speaks during the budget debate in the Bundestag, the lower house of parliament, in Berlin ...
Russia, China agree to settle more trade in yuan and rouble
Arrangement of various world currencies including Chinese Yuan, Japanese Yen, US Dollar, Euro, British Pound, Swiss Franc and Russian Rouble ...