Brexit banks set to avoid lengthy euro zone entry test
The European Central Bank has had many inquiries from British-based banks wanting to come under its watch Banks in London that relocate operations to the euro zone after Brexit are…
The European Central Bank has had many inquiries from British-based banks wanting to come under its watch Banks in London that relocate operations to the euro zone after Brexit are…
REUTERS photo Egypt has received its first two oil shipments from Saudi giant Aramco after deliveries were suspended for several months over political differences, an oil ministry spokesman said on…
The Nigerian National Petroleum Corporation (NNPC) will generate about 4, 000 megawatts (Mw) of electricity over the next 10 years to boost power supply in the country. Its Corporation’s Chief…
AFP photo German airline group Lufthansa said on March 16 it had met its financial targets in 2016, but offered only modest forecasts for the current year, squeezed between falling…
TAV Airports has won the operation rights of Yanbu Prince Abdul Mohsin bin Abdulaziz International Airport in Saudi Arabia for a period of 30 years, the company said in a…
Britain’s exit from the European Union will not affect London’s leading role in global finance but is instead likely to create a great opportunity for the City of London to…
Nigerian banks have opposed a proposal by Etisalat Nigeria to convert part of a $1.2 billion loan from dollars into naira and want Abu Dhabi telecoms group Etisalat and its…
REUTERS photo China’s foreign exchange reserves unexpectedly increased by $6.9 billion in February, officials said on March 7, as pressure on its currency the yuan apparently eased. The…
Africa’s biggest mobile phone operator MTN Group said on Tuesday that Mteto Nyati, the chief executive of its South African unit, will be resigning on March and will be replaced…
REUTERS photo Turkish Airlines stated on March 6 that it would launch direct flights from Istanbul to the Russian cities of Voronezh and Samara in April. Starting on April…