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South Africa’s net foreign reserves rise to $43.7bn
South Africa’s net foreign reserves inched up to $43.659 billion in February from $43.589 billion in January, the Reserve Bank said on Thursday.The central...
Sterling below 8-month highs as Brexit talks drag
The pound held below an eight-month high hit last week on Thursday as investors waited for some clarity to emerge out of Brexit negotiations...
S. African apex bank says unrealistic to set specific employment level for banks
South Africa’s central bank governor, Lesetja Kganyago, says it is unrealistic for central banks to target specific employment levels, after the country’s governing African...
11 ships arrive Lagos ports with petrol, other products
Eleven ships laden with assorted goods have arrived Apapa and Tin-Can Island ports waiting to berth, the Nigerian Ports Authority (NPA) has said.This is...
South Africa’s MTN to raise $1bn from asset sales
MTN Group plans to raise more than 15 billion rand (1.05 billion dollars) in asset sales over the next three years, Africa’s biggest telecoms...
Oil edges up amid OPEC cuts, U.S. sanctions against Venezuela, Iran
Oil edged up on Thursday amid ongoing OPEC-led supply cuts and U.S. sanctions against exporters Venezuela and Iran, although prices were prevented from rising...
Britain targets a third of electricity from offshore wind by 2030
Britain plans to generate a third of its electricity from offshore wind farms by 2030 and boost the value of exports of offshore wind...
Major currencies stuck to tight ranges
By Musa HarunaMajor currencies mostly stuck to tight ranges on Thursday as traders focused their attention on the European Central Bank’s (ECB) policy review...
Asia shares slow down as global growth concerns return
Asian shares eased on Thursday, as investors showed caution following the outlook for global growth, as they awaited the outcome of Sino-U.S. trade negotiations.Meanwhile,...
Tribunal grants Atiku, PDP access to polls materials
…Refuses request for scanning, forensic examinationBy Jennifer OmiloliThe Presidential Election Petitions Tribunal yesterday granted the request by Peoples Democratic Party and its presidential...

