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Nigeria

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  • African Markets - Factors to watch on Oct 4 Thursday, 4 Oct 2012 | 1:03 AM ET

    *NIGERIA- Nigeria's cabinet expected to deliver the government's 2013. *ZAMBIA- Bank of Zambia auctions Treasury bills of various maturities. MAURITIUS- Bank of Mauritius auctions 273- day Treasury bills worth a.

  • Venezuela to play Nigeria in Miami soccer friendly Wednesday, 3 Oct 2012 | 10:10 AM ET

    MIAMI-- Soccer will come to the Miami Marlins' new ballpark for the first time Nov. 14 when Venezuela plays Nigeria in an international friendly. The game, announced Tuesday by Marlins officials, is one of many non-baseball events planned at the ballpark, which opened this year.

  • NEW DELHI, Oct 3- Indian state-run Bharat Petroleum Corp has signed a deal with Chevron to buy 10,000 barrels per day Nigerian crude in the year ending March 31, 2013, two sources familiar with the deal said on Wednesday. BPCL operates the 240,000 bpd Mumbai refinery in western India and the 190,000 bpd Kochi plant in southern India.

  • African Markets - Factors to watch on Oct 3 Wednesday, 3 Oct 2012 | 1:03 AM ET

    *TANZANIA- Bank of Tanzania to auction a 10- year fixed rate Treasury bond. *KENYA- The Nairobi Securities Exchange and FTSE International launch the. *KENYA- Central Bank of Kenya auctions 364- day and 182- day Treasury bills.

  • WAfrica Crude-Easier on unsold November cargoes Wednesday, 3 Oct 2012 | 12:17 AM ET

    *Qua Iboe valued at dated plus $2.20- $2.60. LONDON, Oct 3- Nigerian crude oil differentials slipped a little on Wednesday as a small overhang of November-loading cargoes encouraged sellers to move lower. *Qua Iboe: 5- 10 cents per barrel lower, traders said.

  • *Qua Iboe valued at dated plus $2.30- $2.60. LONDON, Oct 2- Nigerian crude differentials held steady on Tuesday, below peaks reached last week during a buying spree led by Indian refiners, while remaining Angolan cargoes were expected to weaken. *Qua Iboe: Offered at dated plus $2.70 to $2.75 and considered more likely to trade between plus $2.30 and plus $2.60.

  • *Oil output at TNK-BP falls almost 1 pct in Sept vs Aug. Russia's oil output edged up 0.3 percent in September compared with August to reach 10.41 million barrels per day, encouraged by oil price increases.

  • TEL AVIV, Oct 2- Shikun& Binui, Israel's leading construction group, won a contract worth $390 million from the government of Nigeria to pave and widen a highway in the Sagamu-Benin region. Shikun& Binui is controlled by the Arison Group, the investment arm of billionaire Shari Arison. Its shares were up 3.3 percent in morning trade in Tel Aviv.

  • UPDATE 1-African Markets - Factors to watch on Oct 2 Tuesday, 2 Oct 2012 | 2:34 AM ET

    NAIROBI, Oct 2- The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. *UGANDA- Bank of Uganda releases its decision on the benchmark lending rate. *BOTSWANA- Bank of Botswana to auction its 14- day certificate Treasury bill.

  • MOSCOW, Oct 2- Russia's oil output, the world's largest, edged up 0.3 percent in September compared with August to reach a new post-Soviet high of 10.41 million barrels per day on the back of oil price increases, Energy Ministry data showed on Tuesday. In tonnes, Russia's crude production stood at 42.59 million last month, the ministry said.

  • African Markets - Factors to watch on Oct 2 Tuesday, 2 Oct 2012 | 12:56 AM ET

    NAIROBI, Oct 2- The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. *BOTSWANA- Bank of Botswana to auction its 14- day certificate Treasury bill. Brent crude futures steadied near $112 a barrel on Tuesday as investors.

  • KANO, Nigeria, Oct 1- The purported leader of Boko Haram, the Islamist sect in Nigeria, has denied government statements the group is involved in peace talks and has said its spokesman Abu Qaqa has been captured by security forces.

  • Supreme Court Hears Arguments on Limiting Lawsuits Monday, 1 Oct 2012 | 11:43 AM ET

    The court  kicks off its new term with arguments over whether businesses and individuals can be sued in the U.S. for conduct that takes place on foreign soil and has foreign victims.

  • Rooftop pool, wine bar: Hotels building in Africa Monday, 1 Oct 2012 | 11:25 AM ET

    This is the face of new, high-end hotels in Africa. International hotel developers are planning nearly 40,000 new rooms across Africa in the coming years. Travel and tourism in Africa generates about $164 billion a year, 9 percent of the continent's total GDP, said David Scowsill, president and chief executive of World Travel& Tourism Council.

  • In Nigerian mega-city, gridlock is a great unifier Monday, 1 Oct 2012 | 10:37 AM ET

    LAGOS, Nigeria-- The traffic begins long before dawn in Nigeria's largest city. The poor crowd onto benches welded inside dented, clattering buses. In Lagos, which is predicted to overtake Cairo as Africa's most populous city in 2015, the traffic jams that Nigerians call "go-slows" can strike at any moment.

  • UPDATE 3-Oil slips on weak global economies Monday, 1 Oct 2012 | 6:45 AM ET

    LONDON, Oct 1- Brent crude fell below $112 per barrel on Monday, reflecting investor concerns that a shaky global economy may hurt oil demand following fresh signs of weakness in China and Japan and evidence of a new recession in the debt-saddled euro zone.

  • *Japan's business sentiment worsens- tankan. SINGAPORE, Oct 1- Brent crude fell below $112 per barrel on Monday, reflecting investor concerns a shaky global economy may hurt oil demand following fresh evidence of weakness in China and Japan as well as persistent worries about the debt-saddled euro zone.

  • *Japan's business sentiment worsens- Tankan. SINGAPORE, Oct 1- Brent crude fell below $112 per barrel on Monday, reflecting investor concerns a shaky global economy may hurt oil demand following fresh evidence of weakness in China and Japan as well as persistent worries about the debt-saddled euro zone.

  • African Markets - Factors to watch on Oct 1 Monday, 1 Oct 2012 | 1:03 AM ET

    *NAIROBI- Industry regulator Tea Board of Kenya releases performance report. global growth, with data from Japan to China underscoring sluggish business. weakness in China and Japan as well as persistent worries about the.

  • WAfrica Crude-Nigerian Qua stalls after buying spree Monday, 1 Oct 2012 | 12:37 AM ET

    *Qua Iboe valued at dated plus $2.30- $2.60. GENEVA, Oct 1- Nigeria's largest crude stream, Qua Iboe, showed signs of stalling on Monday after a flurry of deals last week that boosted differentials to six-month highs.