LAGOS – On Wednesday the National Bureau of Statistics (NBS) said Nigerian annual consumer price inflation edged up in April to 7.9 percent from 7.8 percent in...
LAGOS – Nigeria’s Diamond Bank has issued a debut $200 million five-year Eurobond, priced to yield 8.75 percent, its chief finance office told Reuters on Thursday....
JOHANNESBURG – Africa’s share of global foreign direct investment (FDI) projects has reached the highest level in a decade, according to Executing Growth, EY’s 2014 Africa...
NEW MEXICO – Citigroup Inc has fired four senior executives and seven other employees who failed to do enough to protect the bank from a fraud...
… as strike breaks MARIKANA – Hundreds of stick-wielding miners barricaded roads and torched roadside vegetable stalls near Lonmin’s South African platinum mine on Tuesday, in...
… South African police deployed to the platinum belt …SPDR sees 2.39 T outflow, first drop since May 2 …Record US equities, dollar gain pressure gold...
SEOUL—The U.S. is considering relaxing regulations that ban the export of crude oil, citing growing domestic production of oil that isn’t suitable for refining locally, U.S....
…insists Ioc’s divestment good for local players By Joseph BAMIDELE HOUSTON – Contrary to the apprehension in some quarters that the recent spate of assets divestments...
ACCRA – On May 7, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Ghana. Ghana has experienced strong...
BEIJING – The Nikkei has revealed in a recent report that the top executives of Sony Corp will return their yearly bonuses, as the electronics business...
