WEDNESDAY, NOVEMBER 14 JOHANNESBURG- World Bank officials to meet Zambia finance minister and government officials in the town of Livingston to discuss the economy of Africa's No. 2 copper producer, which is facing high levels of debt.. JAKARTA- Indonesia's Central Bank holds Board of Governors Meeting. ZAGREB- Croatia National Bank holds monetary policy...
TUESDAY, NOVEMBER 13 JOHANNESBURG- World Bank officials to meet Zambia finance ministers and government officials in the town of Livingston to discuss the economy of Africa's No. 2 copper producer, which is facing high levels of debt.. JAKARTA- Indonesia's Central Bank holds Board of Governors Meeting. MELBOURNE- Panel Participation by Guy Debelle, RBA Deputy...
LAGOS/ ABUJA, Nov 8- Nigeria's central bank plans to meet four lenders of telecoms company MTN to discuss a dispute over a $8.1 billion fund transfer, after a court adjourned the case, a banking source said. The central bank emailed invitations on Thursday to the Nigeria heads of Standard Chartered, Citibank, Stanbic IBTC Bank and Diamond Bank to attend a meeting on...
WARSAW- National Bank of Poland holds Monetary Policy Council Meeting. BUDAPEST- Hungarian Central Bank to publish the minutes of its October 2018 rate-setting meeting 1300 GMT. SYDNEY- Panel Participation by Tony Richards, RBA Head of Payments Policy, at The Future of Financial Services Sydney Conference 2018, Sydney- 2310 GMT.
*Senate says taking funds was unauthorized. ABUJA, Nov 6- Nigeria's Senate voted on Tuesday to investigate the alleged withdrawal of $1.05 billion by Nigerian National Petroleum Corporation from Nigeria LNG, a venture owned by the state oil firm and foreign energy companies. Nigeria's Premium Times newspaper reported on Monday that NNPC had used the portion...
LONDON, Nov 5- Golar LNG said on Monday it was in talks with Nigerian authorities about setting up a power project that could use one of its vessels to import liquefied natural gas. The company wants to expand beyond its core LNG shipping and terminals business and owns half of the $1.7 billion Sergipe power plant project in Brazil, in which it will also provide a...
TUESDAY, NOVEMBER 6 SYDNEY- Reserve Bank of Australia holds interest rate meeting 0330 GMT. WARSAW- National Bank of Poland holds Monetary Policy Council Meeting. SYDNEY- Panel Participation by Tony Richards, RBA Head of Payments Policy, at The Future of Financial Services Sydney Conference 2018, Sydney- 2310 GMT.
**ISRAEL- Bank of Israel holds conference in honor of governor Karnit Flug, who is leaving the bank. Among those scheduled to participate include deputy governor Nadine Baudot-Trajtenberg, OECD chief economist Laurence Boone, Czech central bank chief Jiri Rusnok, Brazil central bank head Ilan Goldfajn, Swedish deputy central bank governor Martin Floden and...
LONDON, Nov 1- Nigeria's state oil firm NNPC said on Thursday that it had signed a crude-for-product deal with BP for the next six months to help meet the country's gasoline needs over the holidays and ahead of its general election early next year. Despite being Africa's biggest oil producer and an OPEC member, Nigeria is almost wholly reliant on fuel imports as...
LAGOS, Oct 30- A Lagos judge adjourned a hearing on Tuesday in a $10.1- billion dispute between South African telecoms firm MTN Group and Nigeria's central bank to Dec 4. The central bank alleges the firm illegally sent $8.1 billion abroad, and the Nigerian government has demanded $2 billion in taxes from MTN. MTN, which makes about a third of its annual core profit...
*MTN says Nigeria listing may slip into early 2019. The telecom firm, which makes about a third of its annual core profit in Nigeria, has said the allegations are without merit, but added that no further negative steps have been taken by authorities in Nigeria. Nigeria's central bank on Aug. 29 ordered the South African firm and its lenders to bring $8.1 billion back...
ABUJA, Oct 26- Nigeria is confident of resolving a $10.1 billion dispute with telecoms firm MTN and sending a positive signal to foreign investors worried about the country's demand for the money, its trade and investment minister told Reuters. Nigeria's central bank on Aug. 29 ordered the South African firm and its lenders to bring $8.1 billion back into...
**ZAGREB Croatia Finance Minister Zdravko Maric, the Central Bank Governor Boris Vujcic, the European Commission Vice-President Valdis Dombrovskis and some other local experts will attend a conference on Croatia's path towards adopting the euro, a goal which the government wants to achieve within 6-7 years- 0800 GMT. CHISINAU National Bank of Moldova...
The oil market is focused on falling Iranian oil exports and Saudi-led supply hikes, but Nigeria and Libya could play an outsize role in setting crude prices as they head into high-stakes elections.
SYDNEY- Remarks by Guy Debelle, RBA Deputy Governor, at the Finalists Announcement for Walkley Business Journalism Awards 0200 GMT. SYDNEY- Panel Participation by Michele Bullock, RBA Assistant Governor, at the Sibos 2018 Conference 0300 GMT. SYDNEY- Panel Participation by Guy Debelle, RBA Deputy Governor, at the Sibos 2018 Conference 0430 GMT.
OPEC is struggling to add barrels to the market after agreeing in June to increase output, an internal document seen by Reuters showed.
GENEVA, Oct 18- Nigeria's state oil firm NNPC has extended its crude-for-product swap contracts, the country's main avenue to meet the bulk of its fuel needs, until June 2019, sources familiar with the matter said. Despite having a refining capacity of about 445,000 barrels per day, its plants have been underperforming for years, making Africa's biggest oil...
SANTIAGO- Central Bank of Chile holds monetary policy meeting MONDAY, OCTOBER 22 SYDNEY- Remarks by Guy Debelle, RBA Deputy Governor, at the 2018 ISDA Annual Australia Conference, Sydney- 2235 GMT. SYDNEY- Remarks by Guy Debelle, RBA Deputy Governor, at the Finalists Announcement for Walkley Business Journalism Awards 0200 GMT. JAKARTA- Indonesia Central Bank...
BUDAPEST- Hungarian Central Bank holds its rate-setting meeting- 1200 GMT. SYDNEY- Reserve Bank of Australia will release the minutes of October monetary policy meeting 0030 GMT. SYDNEY- Speech by Guy Debelle, RBA Deputy Governor, at the 2018 Citi Conference- 2120 GMT.
Despite headwinds, Africa is well on the way to becoming more resilient with infrastructure projects and sound government policies in place, Samaila Zubairu, the president and CEO of Africa Finance Corporation told CNBC.
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