LONDON, May 21 (Reuters) – A large overhang of unsold Nigerian crude oil, two pipeline outages and a series of upcoming tenders kept activity in the West African market fairly muted on Monday, although trade was a little brisker for Angolan grades, traders said. NIGERIA * July loading programmes have started to emerge. The Forcados […]
Read More May 21 (Reuters) – Everton’s Gylfi Sigurdsson has been named in the Iceland squad for next month’s World Cup in Russia despite the midfielder missing the end of the league season with a knee injury. Sigurdsson, Everton’s record signing after his move from Swansea City last year, has not played since picking up the injury […]
Read More ZAGREB, May 21 (Reuters) – Croatia coach Zlatko Dalic has slashed his provisional World Cup squad to 24 players from 32 and axe one more player by the June 4 deadline for next month’s tournament in Russia. There were no real surprises with household names such as Luka Modric, Ivan Rakitic, Mario Mandzukic and Ivan […]
Read More (Adds details, oil production, background) By Chijioke Ohuocha and Paul Carsten ABUJA, May 21 (Reuters) – Nigeria’s economic growth slowed in the first quarter of 2018 for the first time since the country pulled out of recession last year as the non-oil sector struggled, the National Bureau of Statistics said on Monday. The economy grew […]
Read More LONDON, May 21 (Reuters) – Royal Dutch Shell said on Monday a declaration of force majeure remained in place on shipments of Nigerian Bonny Light crude oil. Shell’s Nigerian subsidiary, Shell Petroleum Development Company of Nigeria Ltd (SPDC) said on May 17 it had declared force majeure on exports of Bonny light following a shutdown […]
Read More (Repeats story without changes to text) * Shell, ENI face corruption trial over oil deal in Nigeria * Trial follows civil court cases fought by middlemen * Key issues in the trial emerged during civil cases By Libby George and Shadia Nasralla LONDON, May 21 (Reuters) – Seven years ago, two middlemen launched civil lawsuits […]
Read More NAIROBI, May 21 – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on . – – – – – GLOBAL MARKETS Stocks rose on Monday as U.S. Treasury Secretary Steven Mnuchin declared the U.S. trade war with China “on hold” following an agreement to […]
Read More SAO PAULO, May 20 (Reuters) – A boat with two dozen migrants from West Africa was rescued off the coast of northern Brazil, officials from the state of Maranhão said on Sunday. A fishing boat came upon the drifting vessel with 27 people aboard, including migrants from Senegal, Nigeria, Guinea, Sierra Leone and Cape Verde, […]
Read More * Shell, ENI face corruption trial over oil deal in Nigeria * Trial follows civil court cases fought by middlemen * Key issues in the trial emerged during civil cases By Libby George and Shadia Nasralla LONDON, May 21 (Reuters) – Seven years ago, two middlemen launched civil lawsuits to seek payment for helping arrange […]
Read More NAIROBI, May 18 (Reuters) – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Friday. – – – – – GLOBAL MARKETS Asian stocks edged up on Friday as investors kept a cautious watch on developments in U.S.-China trade negotiations, with the dollar perched […]
Read More LONDON, May 18 (Reuters) – West African crude differentials were under pressure on Friday, traders said, despite a new round of disruption to Nigerian crude exports this week. ANGOLA * Around six of the 43 cargoes in the Angolan June programme were still available. * State oil company Sonangol has sold its June cargoes. The […]
Read More DAKAR, May 18 (Reuters) – The United States has accused the Cameroonian government of “targeted killings”, arson and looting in its fight against an Anglophone separatist movement. In a statement following a meeting with President Paul Biya on Thursday, the U.S. ambassador to Cameroon called for dialogue to end an 18-month-old conflict. English-speaking rebels have […]
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