Edition:
India

Chijioke Ohuocha

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

21 Sep 2017

Nigeria sells more treasuries as moves to support naira

LAGOS, Sept 21 Nigeria's central bank sold 207 billion naira in treasuries on Thursday to mop up liquidity, a day after it raised more money than planned via a debt auction as it moved to keep borrowing costs high to support the currency, traders said.

20 Sep 2017

Four Nigerian banks trade below minimum liquidity ratio -MPC members

LAGOS, Sept 20 Four Nigerian banks are operating with too many non-performing loans on their books and with liquidity ratios below the minimum requirement, two members of the central bank monetary policy committee said in statements on the bank's website.

14 Sep 2017

Nigeria cocoa output seen rebounding in 2017/18

LAGOS, Sept 14 Nigeria should see a bumper cocoa harvest in the coming season as late rains have helped boost pod production, the head of the cocoa association said on Thursday.

12 Sep 2017

Nigeria's Oando holds shareholder meeting after SEC green light

LAGOS Nigeria's Oando Plc held its annual shareholder meeting on Monday after regulators gave it the green light despite an ongoing dispute over its ownership structure, sending shares in the energy company higher.

11 Sep 2017

Nigeria's bad bank not talking to Ethiopian Airlines over Arik

LAGOS, Sept 11 A receiver appointed to rescue Arik Air, Nigeria's largest airline, is holding talks with creditors and is not negotiating a sale to Ethiopian Airlines, the country's "bad bank" said.

24 Aug 2017

Nigeria to offer liquidity support to boost Islamic banking

LAGOS, Aug 24 Nigeria's central bank said on Thursday it is setting up two financial instruments to provide liquidity support to its non-interest paying lenders.

03 Aug 2017

Nigerian banks start to offer naira quotes on screens, to draw dollars

LAGOS, Aug 3 Nigerian banks have started showing investors price quotes for the country's currency, the naira, on screens instead of giving them by phone, traders said.

02 Aug 2017

Guinness Nigeria targets volume market to revive profits

LAGOS, Aug 2 Brewer Guinness Nigeria is shifting its focus from premium brands to the "lower end" volume market in order to boost sales and revive profits, it said in its rights issue share offer prospectus.

02 Aug 2017

Unilever to take part in Nigerian unit cash call

LAGOS Anglo-Dutch consumer goods group Unilever will take part in a 58.85 billion naira (122.33 million pounds) share sale by its Nigerian unit and will not convert a loan made to the subsidiary into equity, Unilever Nigeria said on Wednesday.

27 Jul 2017

Nigeria's 9mobile seeks concessions to boost revenues ahead of sale

ABUJA/LAGOS, July 27 The head of 9mobile, the mobile operator formerly known as Etisalat Nigeria, has asked the telecoms regulator for concessions on spectrum and foreign exchange access to shore up its revenues ahead of finding new investors.

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