Author: InvestAdvocate

House Directs CBN To Stop Using Forex For Local Transactions

The House of Representatives, Thursday, urged the Central Bank of Nigeria (CBN) to stop the use of foreign currencies as means of exchange in local and domestic transactions in Nigeria. The decision was arrived at the plenary following the adoption of a motion brought before the House by Hon. Nadu S. […]

Stock market wavers as Europe’s economy slows

Renewed worries about Europe overshadowed an encouraging U.S.jobs report on Thursday, leaving major stock indexes roughly where they started. Germany’s economy shrank more than expected late last year, and the slowdown in Europe‘s largest economy deepened the region’s ongoing recession. That’s a troubling sign for the U.S., because sales to […]

Proposed $24.4B sale looms over Dell’s earnings

Dell’s 4th-quarter earnings report to mark CEO’s 1st public remarks since deal announcement Dell‘s fiscal fourth-quarter report is expected to show why the struggling personal computer maker wants to end its 25-year history as a public company. WHAT TO WATCH FOR: The results, due out after the stock market closes […]