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CBN injects $210 million into currency market

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ABUJA, JULY 11, 2018 - THE central bank of Nigeria said on Tuesday it had injected $210 million into the interbank foreign exchange market,...

COFCO says China can replace U.S. soy imports with alternatives

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BEIJING, JULY 11, 2018 - China can increase soybean imports from other countries to reduce reliance on buying from the United States, the president...

Glencore to cooperate with U.S. corruption investigation

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LONDON, JULY 11, 2018 - Glencore Plc said on Wednesday it would cooperate with U.S. authorities after they demanded documents about the mining firm’s...

India cuts Iranian oil imports in June ahead of U.S. sanctions

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NEW DELHI, JULY 11, 2018 - Indian refiners cut imports of Iranian oil last month as they started weaning their plants off crude from...

Ecobank partners Total for agency banking services at filling stations

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JULY 11, 2018 – Ecobank Nigeria is partnering with Total Nigeria Limited to offer agency banking services at Total filling stations across the country. The...

CBN warns banks against Disclosure of Customers’ BVN

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ABUJA, JULY 11, 2018 – The Central Bank of Nigeria (CBN) has released an amended regulatory framework for Bank Verification Number (BVN) operations and...

Ecobank Nigeria MD, Charles Kie resigns

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JULY 11, 2018 – Ecobank Transnational Incorporated, ETI, the parent company of the Ecobank Group, has announced the resignation of Mr Charles Kie as...

House of reps makes progress in State police bill

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ABUJA, JULY 11, 2018 – The House of Representatives made progress on its bid to establish state police on Tuesday by passing a bill...

Brazil’s Petrobras nears $1.3 billion sales of African venture stake

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BRASILIA, JULY 10, 2018 - Brazilian state-controlled oil company Petróleo Brasileiro SA is close to agreeing the sale of its stake in an African...

Global trade war to be a boon for Black Sea grain

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MOSCOW/BEIJING, JULY 10, 2018 - Trade conflict between the United States and China could further boost already booming grain and oilseed exports from the...