Bloomberg Nigerian policy makers may be about to loosen their stranglehold on the nation’s currency. The central bank of Africa’s biggest economy will decide on Tuesday on whether to adjust borrowing as evidence mounts of a looming recession. Barclays Plc, Goldman Sachs Group Inc. and Renaissance Capital Ltd. are among banks predicting it will also introduce a de facto ...

  Reuters Jordan’s central bank said that it had auctioned its first-ever sale of Islamic bonds, or sukuk, a five-year 75 million dinars ($105.9 million) deal to help finance purchases by state utility firm National Electric Power Company. The sukuk, which used a cost-plus-profit arrangement known as murabaha, attracted 205 million dinars worth of bids paying a 3.5 percent profit ...

  Bloomberg UniCredit SpA Chief Executive Officer Federico Ghizzoni may resign as soon as on Tuesday amid investors’ demands for a change in management, people with knowledge of the situation said. The bank’s board will meet tomorrow and may authorise its nomination committee to begin the search for a new CEO, said one person, asking not to be identified because ...