December 1, 2016/Reuters By Rania El Gamal, Alex Lawler and Ahmad Ghaddar VIENNA (Reuters) – OPEC agreed on Wednesday its first oil output cuts since 2008 after Saudi Arabia accepted “a big hit” on its production and dropped its demand on arch-rival Iran to slash output. Non-OPEC Russia will also […]
Updates
PMI Reading No 44 is Back Below Water
Culled—Proshare December 1, 2016/FBNQuest Research Our manufacturing Purchasing Managers’ Index (PMI), the first of its kind in Nigeria, shows a decline from 52.9 in October to 48.8. Our partner, NOI Polls, has gathered and compiled the data. The index update is a familiar data release at the start of the […]
Norilsk Nickel launches legal action against BCL over non-payment for African asset sale
1/12/2016/Norilsk Nickel Norilsk Nickel Mauritius and Norilsk Nickel Africa Pty Ltd (together “Norilsk”) NILSY (NASDAQ), MNOD (LSE), GMKN (MOEX), announce that they have filed legal claims against BCL Limited and BCL Investments Proprietary Limited (together “BCL”) in the Botswanan courts and in the London Court of International Arbitration to recover […]
