Business Blog

Nigeria naira falls to 7-week low on strong dollar demand

LAGOS, Sept 9 (Reuters) - Nigeria's naira NGN=D1 fell 0.28 percent against the dollar on Tuesday to its weakest level in seven weeks, hit by strong demand from foreign exchange users and a squeeze in availability of the U.S. currency. The local...

Copyright

© Zawya.com

  765 Hits

CORRECTED-Mozambique inflation quickens to 2.95 percent year/year in July

(Corrects July CPI in Aug 6 story) MAPUTO, Aug 6 (Reuters) - Mozambique's consumer inflation quickened to 2.95 percent year-on-year in July from 2.75 percent in June, data from the INE statistics office showed on Wednesday. (Reporting by Manuel...

Copyright

© Zawya.com

  807 Hits

Nawras to rebrand as Ooredoo after brand license deal approved

Shareholders of Omani Qatari Telecommunications Company (Nawras) approve brand license agreement with Ooredoo

Copyright

© Zawya.com

  885 Hits

Abundant supply, weak competition drive down ICoast cocoa prices

* Ivory Coast wrapping up record season * Steady supplies still arriving at ports * Buyers ignoring govt's minimum farmer price By Loucoumane Coulibaly ABIDJAN, Sept 9 (Reuters) - Abundant late mid-crop cocoa supplies and weak competition among...

Copyright

© Zawya.com

  867 Hits

SUKUK PIPELINE - Issue plans around the world

Major Islamic bond issues in the global pipeline.

Copyright

© Zawya.com

  888 Hits

Sharjah sets initial sukuk price guidance at 120 bps area over M/S

Sharjah set initial price guidance in the area of 120 basis points over midswaps for its benchmark-sized debut sovereign sukuk issue, a document from lead managers said.

Copyright

© Zawya.com

  882 Hits