ABUJA, Oct 10- Nigerian President Goodluck Jonathan presented the country's 2013 budget to parliament on Wednesday, saying the budget deficit would fall to 2.17 percent of gross domestic product in 2013, down from 2.85 percent in 2012.. He urged parliament to accept a tighter budget because of ongoing uncertainty over oil prices.
ABUJA, Oct 10- Nigerian President Goodluck Jonathan presented the country's 2013 budget to parliament on Wednesday, saying the budget deficit would fall to 2.17 percent in 2013, down from 2.85 percent in 2012.. He urged parliament to accept a tighter budget because of ongoing uncertainty over oil prices. Oil makes up around 80 percent of Nigeria's revenues.
NAIROBI, Oct 10- The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. NIGERIA- President Goodluck Jonathan is expected to deliver the 2013. KENYA- Central Bank of Kenya auctions 182- day Treasury bills.
*Lawmakers want to inflate oil benchmark to $80/ barrel. ABUJA, Oct 10- Nigeria's President Goodluck Jonathan on Wednesday presented a 4.92 trillion Nigerian naira budget to parliament for 2013, but lawmakers disputed it, calling for a formula that would put less oil cash in the savings pot.
LONDON, Oct 9- West African crude oil differentials were under pressure again on Tuesday, as talk that Unipec resold unwanted Angolan cargoes highlighted the limited demand in China. *Qua Iboe: Seen trading around the $2.10 level, little changed from the day before, but below the $2.10 to $2.50 range seen on Friday.
*Piracy common in West Africa's waters. ATHENS, Oct 9- Pirates freed a Greek-operated gasoline tanker on Tuesday that they had hijacked over the weekend in the Gulf of Guinea, the operator of the Bahamas- flagged ship said, adding that the crew were all safe. Pirate attacks are on the rise in the Gulf of Guinea, which is second only to the waters around Somalia for piracy.
ABU DHABI, United Arab Emirates-- Microsoft founder and billionaire Bill Gates on Tuesday ruled out running for office, choosing not to join the parade of rich businessmen who have tried their hand at politics.
LAGOS, Oct 9- Nigeria's Diamond Bank rose the maximum 10 percent allowed on the bourse on Tuesday, after posting a pretax profit of 23.2 billion naira for the first nine months of the year, compared with a loss of 6.9 billion naira in the same period a year ago.
*Breakthrough for Glencore as it gets Rosneft invitation. LONDON, Oct 9- Swiss trading houses Vitol and Glencore have become the largest players in the Russian oil export market, dominating supplies from the world's biggest producer after a switch in Kremlin policy opened up the trade. "Everywhere you saw Gunvor before, Glencore is now written in capital letters.
LONDON, Oct 5- Royal Dutch Shell's Nigerian joint venture Shell Petroleum Development Company of Nigeria on Friday declared force majeure on its gas supply after an attempt to steal crude oil from a pipeline led to a fire, the company said in statement.
Oct 09- In a new report, Fitch Ratings says that the high credit growth in sub-Saharan Africa rated countries primarily reflects the expansion of the financial sector from a low starting point in a context of rapid economic development. This mitigates financial and macroeconomic risks that are often associated with high credit expansion.
NAIROBI, Oct 9- 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 is due to auction 14- day Treasury bills. *South Africa's local government workers' union said on Monday it would.
By Matt Falloon and Guy Faulconbridge. BIRMINGHAM, England, Oct 8- Britain's Conservatives would slash government spending on welfare by 10 billion pounds a year if re-elected, finance minister George Osborne said on Monday, though he offered few ideas on how to bring the economy out of recession.
LONDON, Oct 8- Liquefied natural gas will continue to be benchmarked to oil prices for several more decades, outgoing BG Group Chief Executive Frank Chapman said on Monday, despite complaints by top Asian importers that supplies are unaffordable.
LONDON, Oct 8- West African crude oil differentials slipped on Monday as a glut of unsold cargoes for loading in November showed that a range of grades were out of favour. Demand from China was reported to be lower, in part due to refinery outages and the closure of three Sinopec plants due to environmental problems.
LAGOS, Nigeria-- The United Kingdom's business secretary said Monday that a bill to overhaul Nigeria's oil industry should be focused on what helps the West African nation, rather than what benefits the foreign oil companies working there.
ATHENS, Oct 8- The Greek manager of a Bahamas- flagged tanker carrying more than 32,000 metric tonnes of gasoline reported the vessel missing on Monday after it left Abidjan in the Ivory Coast unexpectedly in the early hours of Saturday. The tanker Orfeas, crewed by two Greeks and 22 Filipinos, had been expected to discharge its cargo at Abidjan.
DUBAI, United Arab Emirates-- Rapidly expanding Gulf carrier Etihad Airways has agreed to jointly market some of its flights with Air France-KLM in what could be the beginning of a larger strategic alliance, the airlines said Monday.
NAIROBI, Oct 8- The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday. *The rules of the game in South Africa's labour market have changed and. wildcat strikers at mining giant Anglo American Platinum.
DUBAI, United Arab Emirates-- Gulf carrier Etihad Airways said Sunday a jump in passenger numbers flying aboard its fast-growing fleet drove third-quarter sales 19 percent higher to $1.3 billion. Like regional rivals Emirates and Qatar Airways, the airline is rapidly expanding its network, increasing the amount of cash it takes in.