Nigeria’s stock market closes in red

It has been a mixed trading week at Nigeria’s equities market as investors continue to monitor the influx of company earnings. Onyeka Ijeoma, Analyst at Vetiva joins CNBC Africa to take stock of this week’s activities at the Lagos bourse.

The bears continue to dominate activities at the Ghana Stock Exchange in the past month while Nigeria’s market has seen a renewed bullish momentum. Meanwhile, Ghana has seen a third consecutive monthly decline it is headline inflation which dropped to 10.1 per cent in October while Nigeria’s Statistical Office is expected to publish its October inflation data on Monday. Omotola Abimbola, Macro and Fixed Income Analyst at Chapel Hill Denham joins CNBC Africa for more on the markets in Ghana and Nigeria.

In Rwanda, 60% of the population have a mobile phone - but only 22% have electricity. Mobile kiosks now offer not only solar power but also internet access, even in the most remote corners of the country.

The cryptocurrency has been on a tear this year, growing by almost four times since March lows. Is Bitcoin primed for another bust? The crypto aficionados have other ideas.

VBank is a digital banking solution that enables businesses to manage their transactions effectively without any banking stress. The mobile banking platform gives swift access to your accounts, secure transfers, withdrawals, savings, and bill payments.

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Shares in Netflix plunged by almost nine percent in after-hours trading on Wall Street on Tuesday, after the streaming giant announced a major slowdown in subscriber growth. Netflix added just four million new customers in the first three months of 2021, compared to 16 million in the same period last year. The company is hoping that new seasons of hit shows like "Sex Education" will help boost growth later this year. Also today, we hear how French employers are struggling to recruit seasonal workers for this summer.

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Little is left of abandoned residences at Creekside Mobile Home Park after the Cache fire ripped through the Californian city of Clearlake. Authorities had gone door-to-door urging people to flee the quickly developing blaze, one of several fires ravaging the western state. The last decade has seen a huge rise in the number of wildfires in the west of the United States. Climate change linked to the burning of fossil fuels has made the region dryer and hotter for longer, creating ideal conditions for the blazes to rage.

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