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  • STOCKS NEWS AFRICA-Financials drag Ghana index lower 14 Dec 2009 18:43 GMT
    ... Real-time Equity News 1757 GMT 14Dec2009 - Ghanaian shares dragged further down by financials Ghana's ... in preparation for festivities. 1638GMT 14Dec2009 - Nigeria's index slides on poor bank results Shares ... The top advancers include United Bank for Africa, which gains 4.95 percent, Fidelity, rises 4.68 ...

  • Nigeria bank losses show need for asset mgmt firm -analysts 14 Dec 2009 18:13 GMT
    ... (Reuters) - The depth of write-downs at Nigeria's rescued banks raises questions about the health ... is critical for the stabilisation of the banking industry,' Ogbuaku said. But some question whether ... be effective in preventing banks in sub-Saharan Africa's second-biggest economy from making the same mistakes ...

  • Technical meeting held for smooth introduction of Eco 14 Dec 2009 17:50 GMT
    ... Members of the Technical Committee for the West African Monetary Zone (WAMZ) on Monday held a meeting ... a single currency. The states are The Gambia, Ghana, Guinea, Nigeria and Sierra Leone with ...

  • STOCKS NEWS AFRICA-Nigeria's index falls on poor bank results 14 Dec 2009 17:24 GMT
    ... move Real-time Equity News 1638GMT 14Dec2009 - Nigeria's index slides on poor bank results Shares ... rescue package earlier this year by the central bank, help drag down Nigeria's all-share index by ... The top advancers include United Bank for Africa, which gains 4.95 percent, Fidelity, rises 4.68 ...

  • STOCKS NEWS AFRICA-Mauritius hotels dip in a thin traded session 14 Dec 2009 17:24 GMT
    ... move Real-time Equity News 1638GMT 14Dec2009 - Nigeria's index slides on poor bank results Shares ... rescue package earlier this year by the central bank, help drag down Nigeria's all-share index by ... The top advancers include United Bank for Africa, which gains 4.95 percent, Fidelity, rises 4.68 ...

  • Africa rising 14 Dec 2009 16:14 GMT
    ... As Africa’s economies continue to grow, opportunities for collaboration ... reliant on agriculture such as Rwanda and Burkina Faso, growth is expected to continue at ... Beyond Nigeria, the explosion of Angola and Ghana on to the hydrocarbon scene cannot be ...

  • 'Fly Nigeria Policy' expected to boost local airlines 14 Dec 2009 14:17 GMT
    ... The 'Fly Nigeria Policy', which is being planned by the Nigerian ... for capital flight, with figures from the Central Bank of Nigeria showing that the 25 foreign ... said Fadugba, the incoming Secretary-General of the African Airlines Association (AFRAA). Lagos - Pana 14/12/2009 ...

  • Guinea warns against intervention 14 Dec 2009 13:52 GMT
    ... be considered an act of war. The West African regional group Ecowas yesterday called for troops to ... a loan to the World Bank, causing the bank to freeze its account, according to a ...

  • Guinea warns against foreign military use 14 Dec 2009 13:33 GMT
    ... be considered an act of war. The West African regional group Ecowas yesterday called for troops to ... a loan to the World Bank, causing the bank to freeze its account, according to a ...

  • Guinea warns against foreign military intervention 14 Dec 2009 13:13 GMT
    ... be considered an act of war. The West African regional group Ecowas yesterday called for troops to ... a loan to the World Bank, causing the bank to freeze its account, according to a ...

  • BOE's nine shares for Christmas 14 Dec 2009 10:37 GMT
    ... expected to continue to outperform. For South Africa, we should see GDP recover to around ... countries, with its main operations in SA, Nigeria and Iran. Recent management contact revealed that, ... share in Nigeria, Iran, Uganda, Cameroon and Afghanistan. Given the strong market position of MTN ...

  • ATM Fraud Victims Sue CBN, Interswitch 14 Dec 2009 10:13 GMT
    ... Lagos — The Central Bank of Nigeria (CBN) and all 24 banks in the country and Interswitch Nigeria Ltd ... Bank of Nigeria Plc, United Bank of Africa Plc, Bank PHB and Intercontinental Bank Plc ...

  • CBN, Banks Sued for N50 Billion Over ATM Scam 14 Dec 2009 10:13 GMT
    ... Lagos — Nigerians who claimed to be victims of unauthorised ... slammed a N50 billion suit against 24 banks in the country and Interswitch Nigeria Limited ... Bank of Nigeria Plc, United Bank of Africa Plc, Bank PHB and Intercontinental Bank Plc ...

  • Get with the programme 14 Dec 2009 09:36 GMT
    ... A scheme whereby African lawyers are seconded to big City firms ... firms tried to pull out, but a banking client of theirs said, ‘If you want ... Case. Ayodeli Oni, SJ Berwin candidate from Nigeria “In Africa children tend to want to ...

  • British High Court rules that Liberia must pay debt 14 Dec 2009 05:53 GMT
    ... British High Court rules that Liberia must pay debt The British High Court ... impoverished country on the west coast of Africa, is recovering from a 14-year civil war that ended ... companies is evident from the case of Nigeria. In 1979 Nigeria borrowed $15 million from ...


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