DOHA, Qatar – Oil-producing countries met Sunday in Qatar to discuss a possible freeze of production to counter low global prices, but Iran’s last-minute decision to stay home could dilute the impact of any agreement. 25
Growth in Africa has outpaced most emerging markets in recent years, but that’s changing fast as a slew of problems beset its leading economies. Here’s what you need to know about sub-Saharan Africa’s big four: 25
Major oil players will be gathering to discuss a potential production freeze on Sunday, April 17, in Doha, Qatar, in what some analysts have called “the most important meeting of the last three decades.” Analysts have been 25
By Tiffany Kary and Joe Carroll | Bloomberg Energy XXI Ltd. filed for bankruptcy protection today after spending $5 billion on acquisitions in the years leading up to the crude slump. The oil and gas 25
Paul Wallace | Bloomberg/PZ Cussons Plc said it is paying as much as 70 percent more than the official rate for dollars in Nigeria as central-bank trading restrictions reduce availability of foreign currency in Africa’s 25
Nigeria’s journey from bankrupt, pariah state to Africa’s largest economy helped to fuel a surge in optimism about the continent over the past 15 years. Now there is a danger that its latest troubles will 25
Paul Wallace | Bloomberg President Muhammadu Buhari insists that removing a price cap on gasoline, which usually requires costly subsidies, would only hurt Nigerians. But they are already paying more since his government can’t police 25
BEIJING (Reuters) – China has offered Nigeria a loan worth $6 billion to fund infrastructure projects, the Nigerian foreign minister said on Tuesday. The announcement came as both countries signed a currency swap deal to 25
Among the countries whose growth forecasts were put on the chopping block by the International Monetary Fund on Tuesday, Nigeria suffered the steepest downgrade. The fund now expects Africa’s most populous nation to grow 2.3 25
Nigeria is considering a sale of Chinese Panda bonds to help fund a record budget aimed at reviving Africa’s biggest economy as it suffers a slump in global oil prices, the finance minister said on 25
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