ARUSHA – The Steering Committee of the International Monetary Fund (IMF)’s Regional Technical Assistance Center for East Africa (East AFRITAC) endorsed the Center’s work plan for...
GENEVA – With the situation in the Central African Republic (CAR) in a downward spiral, IOM is today appealing for USD 56.5 million to bring life-saving...
LAGOS – Nigerian independent Seplat Petroleum has revealed the price range for its intended flotation on bourses in London and Lagos. The company, which revealed its...
BERLIN – BMW AG plans to spend $1 billion expanding its plant in Spartanburg, S.C., over the next two years, part of an effort to grab...
WASHINGTON – U.S. stock futures held their gains after data showed personal income and spending data increased mostly in line with expectations. About 55 minutes ahead...
TORONTO – Earlier today the Canadian Phone makers, Blackberry Ltd reported a smaller than expected quarterly loss sending it shares up nearly 7 percent even as...
BRUSSELS – The fourth EU-Africa summit will take place in Brussels on 2-3 April under the theme “Investing in People, Prosperity and Peace”. Building on the...
ABUJA – Yesterday, the suspended Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, sued the Financial Reporting Council of Nigeria, FRCN, accusing it of...
KHARTOUM – The Managing Director of the International Monetary Fund has approved a Staff-Monitored Program (SMP) for Sudan covering the period January-December 2014. An SMP is...
TOKYO – Stocks in Tokyo moved higher after the yen retreated against the U.S. dollar, while shares in Hong Kong lost ground. Stocks in Tokyo closed...