LAGOS (Reuters) – Nigeria’s state-owned oil company NNPC Ltd on Monday tendered for operators of its Port Harcourt oil refinery in the Niger Delta, which is expected to begin production in the first quarter of this year, the company said. The refinery, which is undergoing an upgrade, will begin by processing 60,000 barrels per day …
Nigeria seeks operators for state-owned Port Harcourt oil refinery Read More »
By Ahmed Kingimi MAIDUGURI (Reuters) – Armed men stormed a military camp in Nahuta village, northwest Nigeria, sending troops fleeing and setting vehicles ablaze before proceeding to loot shops and homes, a resident and two sources said on Monday. The attack on the military base, which hosts soldiers, police and other security forces, in the …
Armed gang attack military camp, village in Nigeria’s northwest Read More »
By Sonia Rolley (Reuters) – Congo’s national election commission failed to account for $400 million of funds it received from the state, and awarded opaque procurement contracts ahead of the disputed December general election, an EU-funded civil society report said Monday. The report said the electoral commission, known as CENI, was also blighted by budget …
Congo election commission overspent, awarded opaque contracts- report Read More »
By Jorgelina do Rosario and Maxwell Akalaare Adombila LONDON/ACCRA (Reuters) -The International Monetary Fund (IMF) executive board is due to meet on Friday to consider the first review of Ghana’s $3 billion rescue loan programme, a spokesperson said by email on Monday. Board sign off of the review would unlock a $600 million disbursement. Such …
IMF board to review Ghana $600 million loan payout on Friday Read More »
JOHANNESBURG (Reuters) – South Africa’s rand weakened as the U.S. dollar firmed on Monday, but it was trading in a narrow range with no major local economic data releases to drive direction. At 1527 GMT, the rand traded at 18.6950 against the dollar, 0.3% weaker than its previous close. The dollar was last up about …
South African rand weakens against stronger dollar Read More »
By Harry Robertson and Wayne Cole LONDON/SYDNEY (Reuters) – European stocks fell on Monday as bond yields climbed, and Chinese equities dipped after the country’s central bank unnerved investors by skipping an expected rate cut. U.S. markets were closed for Martin Luther King, Jr. Day. Europe’s STOXX 600 index was last down 0.5%, taking its …
European stocks fall as yields rise, China skips rate cut Read More »
By Joice Alves LONDON (Reuters) -The dollar was little changed on Monday in cautious during a U.S. public holiday, while risk-sensitive sterling slid ahead of a busy week for UK economic data. The dollar index, measuring the U.S. currency against six peers, was up 0.13% at 102.64, on the Martin Luther King (MLK) Day holiday. …
Dollar little changed on MLK Day, sterling slides in risk-off trading Read More »
JOHANNESBURG (Reuters) – South African pay TV company MultiChoice Group and U.S. media conglomerate Comcast will offer African subscribers a standalone live Premier League soccer plan on mobile as part of its revamped Showmax video streaming platform. Africa’s biggest pay TV company MultiChoice has been investing billions of rand to fight off competition from international …
South Africa’s MultiChoice to offer Premier League content on streaming platform Showmax Read More »
LONDON (Reuters) – Countries making up over 60% of the world’s economic output and more than half of its population hold elections this year. Taiwanese voters on Saturday swept the ruling Democratic Progressive Party’s presidential candidate Lai Ching-te into power, rejecting Chinese pressure to spurn him. And on Monday, U.S. Republican presidential candidates face the …
How an election-packed 2024 could swing world markets Read More »
By Catarina Demony and Miguel Pereira LISBON (Reuters) – Plaques turning the spotlight on Lisbon’s role in slavery and “silenced” African history have been installed in different locations across the city, a long-awaited moment for many given the country’s lack of acknowledgement of its colonial past. From the 15th to the 19th century, more than …
Lisbon plaques remember Portugal’s ‘silenced’ role in slavery Read More »
