Afrexim turns to oil traders for $3 billion loan to Nigeria’s NNPC -sources

[ad_1] LONDON, Sept 27 (Reuters) – Afrexim Bank is tapping oil traders to finance a much-needed $3 billion loan to Nigeria’s state oil company to help shore up the sliding…

Nigeria’s NNPC spent $10 billion on fuel subsidy in 2022

[ad_1] The new logo of the privatised Nigeria oil company is seen at the NNPC Mega Gas Station in Abuja, Nigeria August 30, 2022. REUTERS/Afolabi Sotunde Acquire Licensing Rights ABUJA,…

Nigeria’s Olayemi Cardoso becomes acting central bank governor

[ad_1] ABUJA, Sept 22 (Reuters) – Olayemi Cardoso, recently nominated by Nigeria’s President Bola Tinubu to become the country’s next central bank governor, took office on Friday pending his official…

Nine killed by unknown assailants in northern Ghana: local official

[ad_1] ACCRA, Sept 21 (Reuters) – Nine people were killed and several injured in an ambush by unknown assailants in northern Ghana on Thursday morning, said Zubeiru Abdulai, head of…

French ambassador in Niger being held hostage by junta, Macron says

[ad_1] French President Emmanuel Macron attends a press conference, on the second day of the G20 summit in New Delhi, India, September 10, 2023. REUTERS/Amit Dave/File photo Acquire Licensing Rights…

Ghana reopens debt exchange for 12.9 bln cedis of local bonds – fin ministry

[ad_1] ACCRA, Sept 14 (Reuters) – Ghana is reopening a debt exchange that was originally settled in February for another 12.9 billion cedis ($1.1 billion) of local bonds, the finance…

France announces release of French official in Niger

[ad_1] PARIS, Sept 14 (Reuters) – France’s Foreign ministry on Thursday announced the release of Stephane Jullien, a French official who had been held by security forces in Niger. The…

France calls for release of French official in Niger

[ad_1] PARIS, Sept 12 (Reuters) – France’s foreign ministry on Tuesday called for the immediate release of a French official held by security forces in Niger. It said that an…

Olam Group denies allegations of multi-billion dollar forex fraud in Nigeria

[ad_1] An Olam logo is pictured in their office in Singapore August 14, 2017. REUTERS/Edgar Su/File Photo Acquire Licensing Rights Sept 11 (Reuters) – Singapore’s Olam Group (OLAG.SI) on Monday…

Mining magnate Steinmetz held in Cyprus on Romanian warrant -spokesperson

[ad_1] Israeli billionaire Beny Steinmetz leaves the courthouse after a verdict on corruption charges, in Geneva, Switzerland January 22, 2021. REUTERS/Denis Balibouse/File Photo Acquire Licensing Rights JERUSALEM, Sept 3 (Reuters)…