GENEVA, Oct 25(Reuters) - Nigerian oil exports for December are set to reach the highest level since May, pointing to a swift recovery in production levels that may weigh on Nigerian grades. Nigeria is expected to ship 2.12 million barrels per day of crude oil onto the market in December, unchanged from volumes in November which hit a six-month high. Forcados loadings for October are now subject to around ten days of delays, traders said on Thursday. Loadings for the grade are set to b

ACCRA, Oct 25 (Reuters) - The Bank of Ghana has accepted 1.4 billion cedis ($747 million) in bids for its three-year bonds, with an average yield of 21 percent, Ghana's finance minister said on Thursday.

LONDON, Oct 25 (Reuters) - A friend of accused UBS fraudster Kweku Adoboli told him in 2008 she hoped never to read articles about him in the press like those she had read about a "rogue trader" at France's Societe Generale, a London court heard on Thursday.

NAIROBI (Reuters) - Kenya will revamp its tax rules to benefit more from profits earned by foreign oil and gas exploration, Permanent Secretary of Energy Patrick Nyoike said on Thursday.

KAMPALA (Reuters) - Uganda will reassess its military and peacekeeping operations in regional hotspots, a government minister said on Thursday, after the United Nations accused it and neighbouring Rwanda of backing Congolese rebels.

PARIS/ALGIERS (Reuters) - Algeria has given its tacit approval for an Africa-led military intervention in northern Mali to rout Islamist militants despite reservations the operation could spill over into its territory and neighbouring countries, Algerian and French sources said.

* Bishops struggling to counter Islam's appeal and methods

LONDON, Oct 25 (Reuters) - Accused UBS fraudster Kweku Adoboli will not start giving evidence on Thursday as expected because last-minute legal arguments arose at his trial in London.

LONDON, Oct 25 (Reuters) - British prosecutors wrapped up their case against former UBS trader Kweku Adoboli on Thursday, opening the way for him to open his defence against charges of fraud and false accounting for trades that cost the Swiss bank $2.3 billion.

LONDON, Oct 25 (Reuters) - A friend of accused UBS fraudster Kweku Adoboli told him in 2008 she hoped never to read articles about him in the press similar to those she had read about a "rogue trader" at France's Societe Generale, a London court heard on Thursday.

JOHANNESBURG (Reuters) - South Africa's National Union of Minerworkers (NUM) said on Thursday it had reached a wage deal with the Chamber of Mines that raises gold miners' pay by a cumulative 11-20.8 percent.

BISSAU (Reuters) - Guinea-Bissau's caretaker government said on Wednesday it sent an extradition request to Portugal for its exiled former prime minister, whom it accuses of ordering the assassination of a former president in 2009.

ACCRA (Reuters) - A court in Ghana released a top ally of former Ivory Coast president Laurent Gbagbo on Wednesday after dismissing charges brought by Ivorian authorities that he murdered two men during last year's post-election civil war.

ACCRA (Reuters) - Nearly 300 crew members of an Argentine training vessel seized in Ghana on behalf of creditors seeking to recuperate millions lost on defaulted bonds flew home on Wednesday after spending weeks in dockside limbo.

CAIRO (Reuters) - An International Monetary Fund team will arrive in Cairo next week to resume discussions on a $4.8 billion loan that Egypt has requested to shore up its finances, an IMF spokeswoman said on Wednesday.

OUAGADOUGOU (Reuters) - France has provided Burkina Faso with three light aircraft to help it monitor its northern border with Islamist-occupied northern Mali, the head of the West African nation's army said on Wednesday.

ADDIS ABABA (Reuters) - The African Union (AU) lifted Mali's suspension from the bloc on Wednesday, saying an African plan to intervene militarily to help the country claw back territory from Islamist militants would be ready within weeks.

Tunis (Reuters) - A Tunisian court on Wednesday sentenced a leader of radical Islamist group Ansar al-Sharia to one year in prison for inciting an attack on the U.S. embassy in Tunis last month in which four people were killed.

WASHINGTON (Reuters) - Africa could avoid food shortages if it reduces the tangled web of rules, fees and high costs strangling regional food trade and by putting large swathes of uncultivated land to productive use, a World Bank report said on Wednesday.

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. - - - - - EVENTS: * South Africa Finmin presents medium term budget * South Africa September producer price index data * East African Oil and Gas Upstream summit * Zambia October inflation * Kenya 91-day T-bills * ICC Chief Prosecutor holds news conference at end of Kenya visit GLOBAL MARKETS Asian shares edged higher on T