Updates

South Africa’s business confidence index rises to 93.9 in November

December 7, 2016/Reuters Business confidence in South Africa rose to its highest in four months in November, helped by improvements in new vehicle sales and manufacturing output, a survey showed on Wednesday. The South African Chamber of Commerce and Industry’s (SACCI) monthly business confidence index (BCI) rose to 93.9 in […]

Nigeria oil sales should be centralised in sector overhaul -NNPC head

December 7, 2016/Reuters By Camillus Eboh | ABUJA Dec 7 Nigeria’s oil sales should remain the sole responsibility of one company rather than be split between two agencies as a draft of the country’s long-awaited petroleum bill proposes, the head of state oil company NNPC said on Wednesday. Maikanti Baru, […]

Eurobond: FG Appoints transaction parties

Culled—Proshare December 7, 2016/Federal Ministry of Finance The Honourable Minister of Finance, Mrs Kemi Adeosun on Wednesday at the Federal Executive Council (FEC) meeting presented a Memorandum seeking approval for the issuance of the USD1.00 Billion Eurobond in the International Capital Market (ICM) and the appointment of Transaction Parties responsible […]