JOHANNESBURG – In line with its long-term growth strategy, South African Airways (SAA) is hoping to re-vitalise its West African business through an investment it intends...
FRANKFURT— On Thursday Deutsche Bank AG said it would sell roughly 300 million new shares at $30.60 (€22.50) each in a capital increase roughly 6% larger...
LONDON – Stock markets moved higher and the euro lower Thursday after the European Central Bank cut interest rates and said it would announce further policy...
NEW YORK – Sprint Corp S.N has agreed to pay about $40 per share to buy T-Mobile US Inc, a person familiar with the matter said,...
LAGOS – The House of Representatives Committee on Aviation, on Wednesday in Lagos, ordered the Federal Aviation Authority of Nigeria (FAAN) to return the N255 million...
ABUJA – Nigeria central bank Governor Godwin Emefiele pledged to maintain stability in the currency and signaled the bank may begin cutting interest rates. “Under my...
ADDIS ABABA — The African Union Commission (AUC), through its Department of Infrastructure and Energy, and Reykjavik Geothermal ehf signed a grant agreement for financial support...
NEW YORK – Brent crude slipped to a three-week low at $108 on Thursday on ample supply in the US and as tensions over Ukraine cooled....
ADDIS ABABA – The Chairperson of the Commission of the African Union (AU), Dr. Nkosazana Dlamini-Zuma, has learnt with concern of the reports by Human Rights...
NEW YORK – U.S. crude futures held gains Wednesday after official U.S. data showed a larger-than-expected drop in domestic oil inventories. Light sweet crude futures for...
