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Europe Top News and Analysis Nigeria

  • ABUJA/ LAGOS, March 29- Nigeria's national assembly has approved a $500 million Eurobond sale, the finance minister said on Wednesday, an attempt to plug the yawning budget deficit. The government, which plans to increase public spending by almost 20 percent this year with a deficit of 2.36 trillion naira, sought the go-ahead for a new issue after raising an...

  • LAGOS, March 28- Nigeria's central bank has set a new naira rate for retail exchange bureaus to sell dollars to consumers, the head of the bureau association told Reuters on Tuesday. Nigeria has several exchange rates-- the official one, the black market, a rate for Muslim pilgrims going to Saudi Arabia and a rate for foreign travel, school and medical fees.

  • ABUJA, March 24- Nigeria's state oil company said on Friday it was set to recover $184 million in crude oil swap under-deliveries recorded against three oil companies during the now defunct crude for product swap system. The Nigerian National Petroleum Corporation is in the process of reconciling transactions made as part of the defunct system, Group...

  • *IMF says further actions "urgently needed" to boost Nigeria economy- report. *Nigeria is in first recession in 25 years. ABUJA, March 24- The International Monetary Fund is expected to warn Nigeria its economy needs urgent reform, according to a report seen by Reuters that could delay talks over $1.4 billion in much-needed international loans.

  • Residents of the Muna camp, near Maiduguri, tend to a blast victim on March 22, 2017.

    Multiple blasts at camps for people who have fled the Islamist militants Boko Haram killed four and injured 18 in Maiduguri, Nigeria.

  • LONDON, March 21- Singapore remains the world's most expensive city to live in, a study showed on Tuesday, with two Japanese cities-- Tokyo and Osaka-- returning to the top 10 thanks to the strengthening of the yen. Almaty in Kazakhstan was the least expensive, followed by Lagos in recession-hit Nigeria. Europe was represented in the top 10 by four cities-- Zurich at three,...

  • LONDON, March 21- Singapore remains the world's most expensive city to live in, a study showed on Tuesday, with two Japanese cities-- Tokyo and Osaka-- returning to the top 10 thanks to the strengthening of the yen. Almaty in Kazakhstan was the least expensive, followed by Lagos in recession-hit Nigeria. Europe was represented in the top 10 by four cities-- Zurich at three,...

  • LONDON, March 21- Singapore remains the world's most expensive city to live in, a study showed on Tuesday, with two Japanese cities-- Tokyo and Osaka-- returning to the top 10 thanks to the strengthening of the yen. Almaty in Kazakhstan was the least expensive, followed by Lagos in recession-hit Nigeria. Europe was represented in the top 10 by four cities-- Zurich at three,...

  • LONDON, March 21- Singapore remains the world's most expensive city to live in, a study showed on Tuesday, with two Japanese cities-- Tokyo and Osaka-- returning to the top 10 thanks to the strengthening of the yen. Almaty in Kazakhstan was the least expensive, followed by Lagos in recession-hit Nigeria. Europe was represented in the top 10 by four cities-- Zurich at three,...

  • LONDON, March 21- Singapore topped the Economist Intelligence Unit's twice-yearly list of the world's most expensive cities. Here is the ranking for the most expensive and cheapest cities:. (Reporting by Jeremy Gaunt, editing by Pritha Sarkar).

  • Oil workers conduct a drill in a petroleum well in Lagunillas at the east coast of Lake Maracaibo near Maracaibo City in Venezuela.

    Months after a deal to curb production, oil looks flat and cash-hungry crude producers are struggling to manage the fallout.

  • MOSCOW- Central Bank of Russia Deputy Governor Vasily Pozdyshev will hold a presentation of new banking legislation- 0800 GMT. CANBERRA- Reserve Bank of Australia Assistant Governor Luci Ellis to speak at the ACT Launch of the Women in Economics Network. WARSAW- National Bank of Poland monetary policy council meeting.

  • Khalid Al-Falih, Saudi Arabia's energy and industry minister, speaks to a member of his delegation ahead of the 171st Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on Wednesday, Nov. 30, 2016.

    Saudi Energy Minister Khalid al-Falih urged better delivery from OPEC and 11 other nations that have vowed to reduce oil supply.

  • MOSCOW- Bank of Russia First Deputy Chairman Sergey Shvetsov is scheduled to attend an information and training seminar for journalists hosted by Bank of Russia- 0900 GMT. BUDAPEST- Hungarian Central Bank non-rate-setting meeting. BELGRADE- National Bank of Serbia interest rate decision.

  • A worker stands at a pipeline, watching a flare stack at the Saudi Aramco oil field complex facilities at Shaybah in the Rub' al Khali ('empty quarter') desert in Shaybah, Saudi Arabia.

    Oil could easily hit 2016 lows. Here's what could crater the market, says John Kilduff.

  • *Nigeria tries to end rice imports to save dollars. GADAU, Nigeria, March 9- Nigerian Abdulhakim Mohammed has just graduated in architecture but, like many people ranging from unemployed locals to foreign investors and Africa's richest man, he has decided the future lies in rice farming. And yet the drive to cut an annual food import bill of $20 billion has run into...

  • *Etisalat missed payment on $1.2 bln loan. ABUJA/ LAGOS, March 9- Nigeria's telecoms regulator and central bank governor intervened on Thursday to try and help Etisalat Nigeria resolve debt restructuring talks with its lenders, after the company missed a payment on a $1.2 billion loan. The Nigerian Communications Commission said in a statement that it was...

  • *Nigeria tries to end rice imports to save dollars. GADAU, Nigeria, March 9- Nigerian Abdulhakim Mohammed has just graduated in architecture but, like many people ranging from unemployed locals to foreign investors and Africa's richest man, he has decided the future lies in rice farming. And yet the drive to cut an annual food import bill of $20 billion has run into...

  • KADUNA, Nigeria, March 8- Workmen were attempting to finish electrical fittings and lay tiles at a new terminal in northern Nigeria's Kaduna airport on Wednesday just hours before it takes over responsibility for handling passengers bound for the capital Abuja. The cutting of direct flights to Abuja, an important business hub as well as Nigeria's political...

  • ZAGREB- Croatia National Bank monetary policy meeting. MANILA- Philippine Central Bank Governor Amando Tetangco to deliver keynote speech at an awards night for the country's fixed income trading platform, at the Makati Shangri-La Hotel- 1000 GMT. LIMA- Central Bank of Peru interest rate decision.