ANTtention Media Africa

Will Nigeria’s surprise interest rate cut boost the economy

The Central Bank of Nigeria’s surprise interest-rate cut on concerns of a looming recession may be insufficient to boost growth in Africa’s largest economy. Of the 10 members of the…

Warren Buffett’s Berkshire slashes Wells Fargo stake

Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) said on Friday it had cut its Wells Fargo & Co (WFC.N) stake to 3.3%, further reducing what had once been a $32 billion…

Wall Street ends lower as Nasdaq rout persists

NEW YORK (Reuters) – The Nasdaq closed lower on Friday though well above its session low as selling eased late in the day after investors dumped heavyweight technology stocks due…

Fed’s Bullard warns of a financial crisis amid pandemic

Fed’s Bullard warns of a financial crisis amid pandemic. St. Louis Federal Reserve president James Bullard told the Financial Times that a wave of “substantial bankruptcies” triggered by the coronavirus…