25/7/2018/Bloomberg By Tom Metcalf Mark Zuckerberg is counting the cost of user disenchantment with Facebook Inc. His fortune tumbled by $16.8 billion in late trading Wednesday, as shares of the social media giant slid 20 percent at 5:37 p.m. in New York on disappointing results. If that holds through Thursday’s […]
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IMF says dollar over-valued, Chinese yuan in line with fundamentals
24/7/2018/Reuters The International Monetary Fund said on Tuesday that the U.S. dollar is over-valued, China’s yuan is in line with fundamentals and nearly half of global current account balances are now excessive, adding to growth risks and trade tensions. The IMF, in its annual External Sector Report, which assesses exchange […]
BUA Group Commissions Multi-Billion Naira Cement Factory in Sokoto Co-Funded by Fidelity Bank
July 23, 2018/Fidelity Bank Plc On Tuesday, July 17, 2018, the Vice President of Nigeria, Yemi Osinbajo commissioned the new BUA Cement Factory located on Kalambaina Road in Sokoto State. Co- funded by Fidelity Bank Plc, the project which commenced in 2015 has an installed capacity of 1.5 metric tonnes […]
