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  • Nigeria elections: The counting begins Monday, 30 Mar 2015 | 4:30 AM ET
    Nigeria elections: The counting begins

    As the votes have been cast in the Nigerian elections, Godfrey Mutizwa, director of research at CNBC Africa, talks about the technical glitches and what will happen next.

  • Nigeria elections: What to expect Friday, 27 Mar 2015 | 12:40 PM ET
    Nigeria elections: What to expect

    With the Nigerian public heading to the polls shortly, Manji Cheto, political risk analyst at Teneo Intelligence, talks about what to expect.

  • Cramer: Yemen unrest impacts oil like never before Thursday, 26 Mar 2015 | 6:40 PM ET
    People watch as a vehicle that belonged to Shi'ite Muslim rebels burns during clashes in Aden, Yemen, March 26, 2015.

    Jim Cramer sees that Saudi Arabia's launch of military operations in Yemen will have a different impact on oil prices.

  • Dehn: Nigeria will keep rates unchanged Tuesday, 24 Mar 2015 | 5:30 AM ET
    Dehn: Nigeria will keep rates unchanged

    Jan Dehn, head of research at Ashmore Investment Management, says that the Nigerian central bank's main concern is not to appear as supporting either the currency or the economy more favorably.

  • Private equity investors pile into Africa Tuesday, 17 Mar 2015 | 2:24 PM ET
    Skyline of the business district of Lagos, Nigeria.

    Private equity firms are doing more deals in Africa to tap the continent's growing population and wealth.

  • *In Nigeria, street hawkers seize their chance. ABUJA, March 13- Few Nigerians are applauding the collapse of oil prices, which has hit the economy of Africa's top crude producer hard and hammered its currency, the naira. In other African crude producers such as Angola and South Sudan, the sharp drop in oil receipts has caused the official supply of dollars to dry up,...

  • Upstream's CEO sees opportunities in Nigeria Wednesday, 4 Mar 2015 | 4:40 AM ET
    Upstream's CEO sees opportunities in Nigeria

    Marco Veremis, CEO of Upstream, explains why emerging markets are important to the company as potential tech hotspots.

  • JOHANNESBURG, March 3- South African retailer The Foschini Group aims to almost triple the number of its stores across the rest of Africa over the next five years, its chief executive said on Tuesday. Foschini is the biggest reseller of Adidas and Nike products in South Africa where it is the No.3 clothes retailer by market value and operates more than 2,000...

  • *Honeywell to invest 50 bln naira in flourmill unit. LAGOS, March 2- Nigerian conglomerate Honeywell group plans to invest 150 billion naira over the next 2-3 years to fund growth across its businesses and will list one or two subsidiaries on the local bourse, its chairman said. Oba Otudeko told the Reuters Africa Investment Summit on Monday that Honeywell, with...

  • *Nestle to export Maggi to Britain, U.S. LAGOS, March 2- Nestle Nigeria's chief executive expects the firm's capital expenditure to slow to its lowest level in five years after a currency devaluation dampened customer spending in Africa's biggest economy. Dharnesh Gordhon told Reuters Africa Investment Summit that consumers in Africa's most populous nation...

  • LAGOS, Feb 13- Nigeria's central bank banned banks on Friday from reselling dollars bought at a currency auction to other banks, dealers said, a move aimed at curbing speculation in the beleaguered naira currency. The naira has crashed through the psychologically important level of 200 to the dollar this week in a rout triggered by weak oil prices and escalating...

  • LAGOS, Feb 12- Nigeria's central bank chief said on Thursday there was "no need to panic" about a slide in the currency, after figures showed the bank had been burning through more than $110 million a day in a vain attempt to defend it. The naira has crashed through the key level of 200 to the dollar this week in a rout sparked by weak oil prices and escalating tension over...

  • LAGOS, Feb 12- Nigeria's central bank chief said on Thursday there was "no need to panic" over the slide of the currency, after figures showed the bank had spent over $110 million a day over nine recent trading sessions in a vain attempt to defend it. He said the bank's Monetary Policy Committee did not need to hold an emergency meeting, and ruled out a float of the...

  • LAGOS, Feb 11- Nigerian dealers pulled the plug on electronic trading in the naira on Wednesday after the currency slid past 200 to the dollar on fears the postponement of this week's election could trigger a constitutional crisis in Africa's biggest economy. Deploying for the first time a' circuit-breaker' agreed among themselves last month, leading banks in...

  • LONDON, Feb 11- The naira fell 2 percent on Wednesday and currency forwards priced in more devaluation to come as Nigeria's political and security crisis escalates, while other emerging markets also retreated in face of a stronger dollar. , "Renaissance Capital's head of research, Charles Robertson, said. On stocks and bonds, the Lagos equity index, one of the main...

  • ABUJA, Feb 9- Nigeria's agreement to delay this week's election on the advice of security forces creates a worrying echo for some of the annulment of 1993' s democratic vote by a military government. The election this Saturday in Africa's biggest economy was set to be the closest fought since the end of military dictatorship in 1999. President Goodluck Jonathan...

  • LAGOS, Feb 9- The Nigerian naira slid to a record low on Monday after a six-week delay to the Feb. 14 presidential election that is stirring concerns about political stability and the central bank's ability to manage a currency hammered by weak oil prices. The currency of Africa's biggest economy and top oil producer was quoted at 196.22 against the dollar at 1234...

  • LAGOS, Feb 9- The naira opened at a record low on Monday after Nigeria delayed its presidential election by six weeks, citing security concerns due to an Islamist insurgency in the north. The poll will pit incumbent President Goodluck Jonathan of the People's Democratic Party against former military ruler Muhammadu Buhari of the All Progressives Congress in...

  • *Burberry, Louis Vuitton have Africa collections. *World has changing attitude towards Africa. Global fashion designers like Yves Saint Laurent took inspiration from Africa decades ago and more recently brands like Burberry, Louis Vuitton and Christian Dior have embraced the continent's style and broadened its appeal.

  • ABUJA, Nigeria Feb 6- In late 2013, Nigeria's then central bank governor Lamido Sanusi wrote to President Goodluck Jonathan claiming that the state oil company had failed to remit tens of billions of oil revenues it owed the state. Before he was sacked, though, the central banker submitted to Nigeria's parliament more than 300 pages of documentation in support...