By Agency Reporter Friday, 4 Feb 2011 LONDON: Barclays Plc, Standard Chartered Plc and HSBC Holdings Plc, three of Britain’s biggest lenders, are toning down threats they made last year to leave London as pressure to break up commercial and investment banking eases, Bloomberg reported on Thursday Barclays, Chief Executive Officer, […]

By Udeme Ekwere and Temitope Adepetu Friday, 4 Feb 2011 Market indices closed lower on the Nigerian Stock Exchange on Thursday as major banking stocks recorded losses. The key benchmark indices, which had improved the preceding day, dipped as a result of huge sell-offs witnessed in banking, insurance and other major […]

By Femi Makinde, Ado-Ekiti Friday, 4 Feb 2011 Governor Kayode Fayemi of Ekiti State has said that the state government will soon go to the capital market to raise bond. He attributed the need for the move to the “precarious financial situation” of the state. According to a statement made available […]