KAMPALA – The Bank of Uganda sold half of the 15-year bonds it offered at an auction Wednesday, with the coupon almost matching yields on notes...
LONDON – The euro pushed higher Thursday as European Central Bank President Mario Draghi indicated that further monetary easing measures aren’t imminent. At its monthly policy...
LAGOS – The Nigerian Stock Exchange (NSE) says it plans to ban directors and controlling shareholders from voting in transactions, such as takeovers to protect minority...
SYDNEY – Asian markets were off to a nervous start on Thursday as never- ending speculation about the fate of U.S. stimulus lifted bond yields while...
HONG KONG — China Cinda Asset Management Co. raised US$2.5 billion in Hong Kong’s biggest initial public offering of the year, as investors piled into a...
WASHINGTON – The U.S. trade deficit fell in October, helped by America’s energy boom that lifted overall exports to an all-time high. The trade gap narrowed...
ABUJA – An International Monetary Fund (IMF) mission visited Nigeria during November 13-26 to conduct discussions for the 2013 Article IV consultation. The mission met with...
ADDIS ABABA – The Commission of the African Union (AU), convened a two day consultative workshop from 3-4 December 2013, to review the AU DDR operational...
TUNIS – The Board of Directors of the African Development Fund (ADF), the concessionary arm of the African Development Bank (AfDB) Group, approved on Tuesday, December...
UYO – The Central Bank of Nigeria (CBN), announced on Tuesday that it had refunded N10 billion to commercial bank customers between 2012 and September 2013....
