Saturday, July 21, 2007

UAE bans Togo, Czech, poultry imports over bird flu

(Reuters) - The United Arab Emirates banned on Saturday the import of all live birds and poultry products from the Czech Republic and Togo after an outbreak of the deadly H5N1 virus in both countries, the official WAM news agency said.

It said Environment and Water Minister Mohammed Saeed al-Kindi had issued the ban to prevent the spread of the deadly virus to animals or humans in the Gulf Arab country.


Read more at Reuters Africa

Nigerian interbank rates ease on cash release

(Reuters) - Nigerian interbank interest rates dropped to 7.0 percent on average at the short-end of the money market due to public sector cash inflows, ending four weeks of liquidity crunch in the market, dealers said on Friday.

The three benchmark rates -- secured Open Buy Back (OBB), call money and overnight placement -- fell to 7.0 percent each, compared with 10.5 percent for OBB and 12 percent for overnight and call last week.


Read more at Reuters Africa