NIGERIA

Oil's Dip.

Brent Crude Holds at $114, Awaiting U.S. Jobs Report

Brent crude hovered at $114 a barrel Friday, on track for its second consecutive weekly gain, as investors eyed U.S. jobs data for clues on whether the world's largest oil consumer will be able to dodge a recession.

Nigeria's Access Bank to buy rival Intercontinental

A money dealer counts the Nigerian naira on a machine
Nigeria's Access Bank said on Thursday it will spend 50 billion naira to acquire a 75 percent stake in rescued rival Intercontinental Bank and combine both firms' operations within 12 months of the merger.
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Messi Arrives in Kolkata to Enthrall Soccer Fans

The football magician Lionel Messi arrived in Kolkata early Wednesday to take part in the FIFA international friendly match against Venezuela, which will be played at the Salt Lake Stadium on Sept. 2.
A victim of a bomb blast ripped through the United Nations offices in the Nigerian capital of Abuja is loaded into an ambulance

Car Bombing Kills 18 at U.N. Base in Nigeria [PHOTOS]

At least 18 people were killed at a U.N. base in Abuja, Nigeria on Friday when a suicide bomber drove a vehicle packed with explosives into the headquarters. U.N. Secretary-General Ban Ki-moon has since condemned the morning attack and said top officials will be dispatched to the Nigerian capital to respond to the emergency.
Oil's Dip.

China's demand for W. African crude jumps -trade

China's buying of West African crude oil is set to rise about 15 percent in September from August, trade sources said on Friday, but overall Asian imports from West Africa will fall due to slower Indian demand.
NigeriaSat-2

Nigeria Successfully Launches 2 Satellites Into Space

The SSTL's NigeriaSat-2 and NigeriaSat-X satellites, which were built under contract with the Nigerian National Space Research and Development Agency (NASRDA), will give Nigeria the ability to perform monthly crop monitoring, help with increasing urban planning demands through the development of engineering skill, and advance the growth of new technologies in the African country.
Niger

Nigerian inflation falls to more than 3-year low

Nigeria's headline inflation unexpectedly fell in July, data showed, reaching its lowest level for more than three years following an aggressive period of monetary tightening by the central bank.
A South African child holds a 50 rand note in a file photo.

S.Africa c.bank to retain reserves composition

South Africa's Reserve Bank sees no reason at this stage to make any significant changes in the make up of its foreign currency reserves, the Bank said on Monday, after Nigeria and Mauritius announced plans to diversify their own holdings.
File photo of salmonella bacteria

Scientists find new superbug strain of salmonella

Scientists have identified an emerging "superbug" strain of salmonella that is highly resistant to the antibiotic ciprofloxacin, or Cipro, often used for severe salmonella infections, and say they fear it may spread around the world.
At Issue: Oil Prices

Could a U.S. Default Push Oil Prices Above $130?

Think a U.S. Government default on its debt won't affect you immediately? Think again: a default would likely weaken the dollar substantially, pushing up oil prices almost immediately, and that would send already-high U.S. gas prices to the stratosphere.
A Canadian national flag in downtown Ottawa

Suspected War Criminals Hiding in Canada

“Those who have been involved in war crimes or crimes against humanity will find no haven on our shores,” said Immigration Minister Jason Kenney in Toronto.

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