Reuters Nigeria
Reuters Nigeria

Reuters Nigeria

Reuters

Member Since: 1 year ago


UPDATE 2-Schlumberger sees lower N. American Q4 revenues on drop in fracking
Reuters Nigeria

UPDATE 2-Schlumberger sees lower N. American Q4 revenues on drop in fracking

HOUSTON, Dec 4 (Reuters) - Schlumberger, the world'slargest oilfield services provider, warned on Tuesday that itsfourth-quarter North America revenues will likely decline 15percent sequentially on steeper-than-expected price declines inhydraulic fracturing.

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Nigeria central bank sells $210 mln on FX market after naira eases
Reuters Nigeria

Nigeria central bank sells $210 mln on FX market after naira eases

ABUJA, Dec 4 (Reuters) - Nigeria's central bank said onTuesday it had injected $210 million into the currency market toincrease liquidity after the naira weakened by 1 percenton the black market last week.

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Schlumberger warns weak fracking demand to hurt its North America Q4 revenue
Reuters Nigeria

Schlumberger warns weak fracking demand to hurt its North America Q4 revenue

HOUSTON, Dec 4 (Reuters) - Schlumberger, the world'slargest oilfield services provider, warned investors on Tuesdaythat its North America revenues would likely decline 15 percentin the fourth quarter sequentially on steeper-than-expectedprice declines in hydraulic fracturing.

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W. Africa Crude-India, Indonesia seek crude; Nigerian market struggles with surplus
Reuters Nigeria

W. Africa Crude-India, Indonesia seek crude; Nigerian market struggles with surplus

LONDON, Dec 4 (Reuters) - Tenders by Indian and Indonesianrefiners kept differentials for Nigerian cargoes unchanged onTuesday, as traders waited to see if either purchase wouldinvolve a West African crude.

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Italy's Salvini clashes with judge over premature tweet
Reuters Nigeria

Italy's Salvini clashes with judge over premature tweet

* Salvini anti-immigrant League is Italy's most popularparty

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Message service Clickatell considers IPO to fund expansion -CEO
Reuters Nigeria

Message service Clickatell considers IPO to fund expansion -CEO

JOHANNESBURG, Dec 4 (Reuters) - Clickatell, which helpscompanies communicate with customers via mobile messagingplatforms, is considering a public offering next year as itseeks to fund a rapid expansion of its services, founder and CEOPieter de Villiers said on Tuesday.

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Saudi energy minister says OPEC's deal to cut output uncertain - BBG
Reuters Nigeria

Saudi energy minister says OPEC's deal to cut output uncertain - BBG

Dec 4 (Reuters) - Saudi oil minister said on Tuesday it wastoo soon to say if OPEC and its allies would cut production asthe terms of a deal remain unresolved, Bloomberg reported.

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UPDATE 1-Oman's Raysut Cement eyes acquiring Kenya's ARM Cement - statement
Reuters Nigeria

UPDATE 1-Oman's Raysut Cement eyes acquiring Kenya's ARM Cement - statement

ABU DHABI, Dec 4 (Reuters) - Oman's Raysut Cementsaid on Tuesday it plans to acquire Kenya's ARM Cement,which went into administration in August, as part of itsexpansion plans.

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UPDATE 1-Nigerian court adjourns MTN and central bank case amid settlement talks
Reuters Nigeria

UPDATE 1-Nigerian court adjourns MTN and central bank case amid settlement talks

LAGOS, Dec 4 (Reuters) - South African telecoms firm MTNGroup and Nigeria's central bank are in talks to settlean $8.1 billion dispute, their lawyers said on Tuesday, as acourt in Lagos adjourned the case between the parties until Dec.12.

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Nigerian court adjourns case between MTN and central bank to Dec. 12 - judge
Reuters Nigeria

Nigerian court adjourns case between MTN and central bank to Dec. 12 - judge

LAGOS, Dec 4 (Reuters) - A Lagos judge on Tuesday adjourneda hearing in an $8.1 billion dispute between South Africantelecoms firm MTN Group and Nigeria's central bankuntil Dec. 12 after lawyers said they wanted to report back onsettlement talks.

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UPDATE 1-Soccer-Napoli held at home by basement side Chievo
Reuters Nigeria

UPDATE 1-Soccer-Napoli held at home by basement side Chievo

ROME, Nov 25 (Reuters) - Second-placed Napoli dropped two valuable points in their Serie A title chase when they were held to a 0-0 draw at home on Sunday by table-propping Chievo, who were playing their first match under their third coach of the season.

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Soccer-Napoli held at home by basement side Chievo
Reuters Nigeria

Soccer-Napoli held at home by basement side Chievo

ROME, Nov 25 (Reuters) - Second-placed Napoli dropped two valuable points in their Serie A title chase when they were held to a 0-0 draw at home on Sunday by table-propping Chievo, who were playing their first match under their third coach of the season.

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Nigeria's Buhari breaks silence on soldier deaths in Islamist attack
Reuters Nigeria

Nigeria's Buhari breaks silence on soldier deaths in Islamist attack

ABUJA, Nov 24 (Reuters) - Nigerian President MuhammaduBuhari on Saturday ended almost a week of silence regardingattacks by Islamists which security sources said killed around100 soldiers in the northeastern state of Borno.

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UPDATE 1-Armed men kidnap 15 girls in southeastern Niger - mayor
Reuters Nigeria

UPDATE 1-Armed men kidnap 15 girls in southeastern Niger - mayor

NIAMEY, Nov 24 (Reuters) - Armed men kidnapped 15 girlsovernight in southeastern Niger, the local mayor said onSaturday.

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Armed men kidnap 15 children in southeastern Niger - mayor
Reuters Nigeria

Armed men kidnap 15 children in southeastern Niger - mayor

NIAMEY, Nov 24 (Reuters) - Armed men kidnapped 15 childrenovernight in southeastern Niger, the local mayor said onSaturday.

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UPDATE 1-Ahead of Nigeria's election, opposition weaponises soldier deaths
Reuters Nigeria

UPDATE 1-Ahead of Nigeria's election, opposition weaponises soldier deaths

LAGOS, Nov 23 (Reuters) - Hundreds of Nigerian soldiers havebeen killed in recent months by Islamist militants who thepresident vowed to defeat when voted into power in 2015 - andthe bloodshed has become a useful weapon for opponents aiming totopple him in coming elections.

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W. Africa Crude-Key Nigerian programmes in Jan still absent, OSPs emerge
Reuters Nigeria

W. Africa Crude-Key Nigerian programmes in Jan still absent, OSPs emerge

LONDON, Nov 23 (Reuters) - Some more Nigerian programmestrickled out on Friday but key grades issued by Shell, such asBonny Light and Forcados, were still missing.

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France's JCDecaux signals Nigerian ambition with traffic service
Reuters Nigeria

France's JCDecaux signals Nigerian ambition with traffic service

LAGOS, Nov 23 (Reuters) - French outdoor advertising companyJCDecaux plans to provide real-time trafficinformation in Lagos and install solar-powered bus shelters andautomatic public toilets as it targets one of Africa's largesteconomies.

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Ahead of Nigeria's election, opposition weaponises soldier deaths
Reuters Nigeria

Ahead of Nigeria's election, opposition weaponises soldier deaths

LAGOS, Nov 23 (Reuters) - Hundreds of Nigerian soldiers havebeen killed in recent months by Islamist militants who thepresident vowed to defeat when voted into power in 2015 - andthe bloodshed has become a useful weapon for opponents aiming totopple him in coming elections.

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FOCUS-Ethiopian Airlines steps up hunt for African connections
Reuters Nigeria

FOCUS-Ethiopian Airlines steps up hunt for African connections

NAIROBI/ADDIS ABABA, Nov 23 (Reuters) - Ethiopian Airlinesis accelerating its strategy of weaving a patchwork of newAfrican routes to soak up traffic on the continent and flycustomers towards its more lucrative flights to rapidlyexpanding Asian markets.

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UPDATE 2-Cement maker PPC seeks CEO as Claassen to retire
Reuters Nigeria

UPDATE 2-Cement maker PPC seeks CEO as Claassen to retire

JOHANNESBURG, Nov 23 (Reuters) - South African cementproducer PPC reported an 11 percent increase inhalf-year profit on Friday and said it is seeking a successor toCEO Johan Claassen who wants to retire.

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UPDATE 1-Islamic State claims attacks in West Africa caused 118 casualties
Reuters Nigeria

UPDATE 1-Islamic State claims attacks in West Africa caused 118 casualties

CAIRO, Nov 23 (Reuters) - Islamic State claimedresponsibility for five attacks in an area it calls the "Stateof West Africa" that it said resulted in 118 casualties in thepast week, according to a video posted on its account on themessaging website Telegram late on Thursday.

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CORRECTED-Islamic State says attacks in West Africa resulted in 118 casualties
Reuters Nigeria

CORRECTED-Islamic State says attacks in West Africa resulted in 118 casualties

CAIRO, Nov 23 (Reuters) - Islamic State claimedresponsibility for five attacks in an area it calls the "Stateof West Africa" which it said had resulted in 118 casualties inthe last week.

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South Africa's PPC half-year earnings rises on rest of Africa growth
Reuters Nigeria

South Africa's PPC half-year earnings rises on rest of Africa growth

JOHANNESBURG, Nov 23 (Reuters) - South African cementproducer PPC on Friday reported 11 percent increase inhalf-year headline earnings per share (EPS) on the back ofstrong growth in the rest of Africa, which offset weak localperformance.

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UNAIDS puts Nigeria country director on leave over sexual harassment allegation
Reuters Nigeria

UNAIDS puts Nigeria country director on leave over sexual harassment allegation

GENEVA, Nov 22 (Reuters) - The U.N. agency for HIV and AIDShas placed its country director for Nigeria on administrativeleave following allegations of sexual harassment, a spokeswomansaid on Thursday.

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Airbnb homes in on African growth story
Reuters Nigeria

Airbnb homes in on African growth story

STELLENBOSCH, South Africa, Nov 22 (Reuters) - Three ofAirbnb's top growth markets are in Africa and the continent hasbecome a cornerstone of the U.S. company's sustainable tourismstrategy, a senior official with the home-sharing service saidon Thursday.

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UPDATE 2-Militants kill around 100 Nigerian soldiers in attack on army base -sources
Reuters Nigeria

UPDATE 2-Militants kill around 100 Nigerian soldiers in attack on army base -sources

MAIDUGURI, Nigeria, Nov 22 (Reuters) - Militants killedaround 100 Nigerian soldiers in an attack on an army base onSunday, security sources said on Thursday, blaming Islamic StateWest Africa.

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W. Africa Crude-Nigerian export programmes trickle out; Angolan supply to drop
Reuters Nigeria

W. Africa Crude-Nigerian export programmes trickle out; Angolan supply to drop

LONDON, Nov 22 (Reuters) - Spot trade in the West Africanmarket remained fairly sluggish on Thursday, as buyers waitedfor the bulk of the Nigerian export plan for January to emerge,while loadings in Angola are set to fall for a second month in arow that month.

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RPT-Russia eyes new wheat export frontiers in challenge to EU, U.S.
Reuters Nigeria

RPT-Russia eyes new wheat export frontiers in challenge to EU, U.S.

* Russia eyes wheat supplies to Iraq, Saudi Arabia andAlgeria

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Around 100 Nigerian soldiers killed in Islamist militant attacks in recent days -sources
Reuters Nigeria

Around 100 Nigerian soldiers killed in Islamist militant attacks in recent days -sources

MAIDUGURI, Nigeria, Nov 22 (Reuters) - Islamist militantattacks have left around 100 soldiers dead in northeast Nigeriain recent days, said five security sources on Thursday, speakingon condition of anonymity.

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UPDATE 1-Nigerian central bank set to reach deal in $8.1 bln MTN dispute
Reuters Nigeria

UPDATE 1-Nigerian central bank set to reach deal in $8.1 bln MTN dispute

ABUJA, Nov 22 (Reuters) - Nigeria's central bank is on theverge of an agreement over a $8.1 billion dispute with SouthAfrican telecoms firm MTN, its governor Godwin Emefielesaid on Thursday, declining to provide further details.

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Russia eyes new wheat export frontiers in challenge to EU, U.S.
Reuters Nigeria

Russia eyes new wheat export frontiers in challenge to EU, U.S.

* Russia eyes wheat supplies to Iraq, Saudi Arabia andAlgeria

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Nigeria's central bank governor says on verge of announcing agreement on MTN
Reuters Nigeria

Nigeria's central bank governor says on verge of announcing agreement on MTN

ABUJA, Nov 22 (Reuters) - Nigeria's central bank is on theverge of announcing an agreement on MTN, its governor GodwinEmefiele said on Thursday, declining to provide further details.

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UPDATE 1-Nigeria's central bank holds benchmark lending rate at 14 pct
Reuters Nigeria

UPDATE 1-Nigeria's central bank holds benchmark lending rate at 14 pct

ABUJA, Nov 22 (Reuters) - Nigeria's central bank kept itsmain interest rate at 14 percent on Thursday, its governorGodwin Emefiele said.

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