By Ahmed Kingimi MAIDUGURI (Reuters) – At least 20 people are feared dead in an accident involving two passenger boats travelling from Andoni to Bonny island in Nigeria’s coastal Rivers State, local officials said on Wednesday, the first such accident to hit the region this year. Erastus Awortu, chairman of Andoni local government area, said …
At least 20 feared dead in Nigeria boat accident, officials say Read More »
By Anthony Deutsch and Stephanie van den Berg THE HAGUE (Reuters) – South Africa and Israel exchanged allegations on the eve of hearings at the top U.N. court which will hear South African claims that Israel is committing genocide against Palestinians in its Gaza offensive. The International Court of Justice (ICJ) in The Hague, also …
Israel, South Africa trade barbs on eve of genocide case Read More »
ABUJA (Reuters) – Nigerian stocks fell 1.4%, ending an eight day rally on Wednesday as investors booked profits from the relatively liquid banking sector, LSEG data showed. The All Share Index fell to 82,024.38 points. The stocks index crossed a psychological threshold of 80,000 points for the first time on Monday. The index of Nigeria’s …
Nigerian stocks end eight-day gains as banks slide -LSEG data Read More »
GENEVA (Reuters) – Morocco won a vote on Wednesday to lead the United Nations Human Rights Council after a heated showdown with South Africa, which said Rabat’s human rights record made it unfit to preside over the body. The Moroccan candidate, Ambassador Omar Zniber, received 30 votes, and his South African opponent, Ambassador Mxolisi Nkosi, …
Morocco wins vote to lead UN human rights body after showdown with S.Africa Read More »
By Ron Bousso PARIS (Reuters) -TotalEnergies has increased its holding in the Venus oil discovery offshore Namibia in a deal with Impact Oil and Gas that marks a significant step towards the prospect’s development, the energy major said on Wednesday. TotalEnergies agreed to acquire from Impact, which is majority owned by Africa Oil and Hosken …
TotalEnergies boosts holding in Namibian oil discovery Read More »
ACCRA (Reuters) – The International Monetary Fund said on Tuesday it was “optimistic” that Ghana and its official bilateral creditors would reach a debt restructuring deal soon, paving the way for another $600 million IMF loan payment to the country. Discussions between Ghanaian authorities and the Official Creditor Committee, co-chaired by China and France, are …
IMF ‘optimistic’ Ghana will reach official creditor debt deal soon Read More »
JOHANNESBURG (Reuters) – Global diamond giant De Beers said it will go ahead with a planned $1 billion investment to extend the life of its flagship Jwaneng mine in Botswana, even as last year’s downturn in gem demand persists. The Anglo American unit and the Botswana government, which jointly own Debswana Diamond Company, have approved …
De Beers approves $1 billion spending at Botswana mine Read More »
CAIRO (Reuters) -Egypt’s annual urban consumer price inflation rate eased to 33.7% in December from 34.6% in November, data from statistics agency CAPMAS showed on Wednesday. The figure was slightly higher than the median 33.4% forecast by 14 analysts. Month-on-month, prices rose by 1.4% in December, up from 1.3% in November. Food prices jumped by …
Egypt’s annual headline inflation slows to 33.7% in December Read More »
By Andrea Shalal and David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen pledged U.S. support for Egypt’s economy and reforms after meeting with the North African nation’s authorities on Tuesday in Washington amid talks over expanding Egypt’s $3 billion International Monetary Fund loan program. The Egyptian officials, including the country’s finance minister and central …
US Treasury’s Yellen pledges support for Egypt amid IMF loan talks Read More »
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes mostly dipped and Treasury yields edged higher on Tuesday, with investors bracing for key U.S. inflation data this week and the start of fourth-quarter company earnings. Bitcoin rose, then fell, on confusion late on Tuesday afternoon over whether the U.S. Securities and Exchange Commission had approved …
Stocks ease, yields inch up ahead of US inflation data, earnings Read More »
