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Europe Top News and Analysis 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 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.

  • *Nigeria sees 2017 GDP up 2.19 pct y/y. LAGOS, March 7- Nigeria unveiled a sweeping economic recovery plan on Tuesday, including measures to reduce its dependence on oil and to relax foreign exchange restrictions, in a drive to pull Africa's largest economy out of its first recession in 25 years. The plan could smooth talks with the World Bank on a loan of at least $1...

  • LONDON, March 6- A currency devaluation may do little to fix Nigeria's problems unless it follows the examples of emerging market peers Egypt, Argentina and Russia and embraces floating exchange rates. Grappling with recession, widespread dollar shortages, a budget funding gap and international lenders' reluctance to provide loans, Nigeria has moved...

  • Muhammadu Buhari, President of Nigeria

    Nigeria has taken a dual hit of still soft oil prices and a local currency shortage.

  • WARSAW- National Bank of Poland monetary policy meeting. CANBERRA- Reserve Bank of Australia monetary policy meeting. TBILISI- National Bank of Georgia monetary policy committee meeting.

  • KIEV- National Bank of Ukraine monetary policy meeting. WARSAW- National Bank of Poland monetary policy meeting. CANBERRA- Reserve Bank of Australia monetary policy meeting.

  • ABUJA, March 1- Nigeria's upper house of parliament will investigate allegations the state oil company illegally inflated funds it collected from an official subsidy scheme to 5.1 trillion naira between 2006 and 2015, lawmakers said on Wednesday. The Senate's decision to launch an investigation followed an emergency motion raised by Senator Dino Melaye,...

  • Don't think about Nigeria investigation

    Eni CEO Claudio Descalzi discusses growing reserves in countries which may have corporate governance issues.