Egypt condemned on Saturday the Friday suicide bombing in northern Cameroon at a camp housing refugees fleeing …
Nigeria
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Financial Institutions
Nigeria, Egypt currency depreciations depress Africa insurance premium: AIO
by Yomna Yasserby Yomna YasserThere are indications that currency devaluation such in Egypt and Nigeria, is taking huge toll on Africa’s …
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Banks
Egypt’s pound shows Nigeria must overcome its fear of floating free – Reuters
by Yomna Yasserby Yomna YasserA currency devaluation may do little to fix Nigeria’s problems unless it follows the examples of emerging …
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General Electric Co (GE.N) has proposed investing in Nigeria’s oil refineries, potentially convening a consortium of companies …
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International News
Nigeria militants say readying fighters to hit ‘enemy’ in Niger Delta
by nada nasserby nada nasserA Nigerian militant group, which has claimed a wave of attacks on oil pipelines in the Niger …
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forex news
Oil prices rise on Nigeria pipeline attack, weaker dollar
by Yomna Yasserby Yomna YasserCrude oil futures rose on Thursday as an attack on a Nigerian oil pipeline and a weaker …
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forex news
Oil prices drop as concerns over global fuel glut re-emerge
by Yomna Yasserby Yomna YasserOil prices fell more than a percent on Wednesday as a report showing a surge in U.S. …
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The board of the African Development Bank (AfDB) has approved Friday a $20-million equity investment in Rx …
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International News
Obama to meet with Iraq, Nigeria, Colombia leaders at U.N. Assembly
by Noha Gadby Noha GadPresident Barack Obama will meet with the leaders of Iraq, Nigeria and Colombia on the sidelines of …
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forex news
Oil prices drop with global glut worries in the background
by Yomna Yasserby Yomna YasserCrude prices turned lower on Thursday, as the recent strong build in U.S. oil product inventories and …