Bloomberg is contemplating life without its founder
“Time for you to leave,” Salomon Brothers’ cigar-chomping chief executive John Gutfreund told Michael Bloomberg. With the $10mn he got as compensation for being fired, Bloomberg started a…
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Bloomberg
Netflix Ad subscribers hit 1 million in two month
Netflix's advertising tier has defied its slow start to reach nearly 1 million active users in the US in two months, according to internal data seen by Bloomberg.
The user base grew by…
Tinubu, Nigeria’s president elect has no time to waste, says Bloomberg
Some two weeks after ruling-party candidate Bola Tinubu claimed victory in Nigeria’s presidential elections, controversy is still swirling around the vote, delaying follow-up elections for…
Naira now among worst in world, says Bloomberg
Officially, Nigeria’s naira can be said to be doing pretty well this year, down just 4% against a strong US dollar, ahead of the Canadian dollar and the Swiss franc.
But that is only a…
Zambia’s currency surges after $1.3 billion IMF deal
The International Monetary Fund approved 38-month arrangement with Zambia under the Extended Credit Facility (ECF) around $1.3 billion, or 100 percent of quota to the country has led to the…