By Stanley Opara Tuesday, 4 Jan 2011 The implementation of the monetary policy framework in Nigeria may be under serious threat if the delay in end-to-end electronic payment applications in the government cycles continues. Our correspondent gathered on Monday that this could have been caused by the slow pace of programmes […]

By Martin Ayankola with agency report Tuesday, 4 Jan 2011 Nigeria’s crude oil output surged by 100,000 barrels per day from 2.12 million bpd to 2.22 million bpd, a four-year high, in December, according to a survey by Bloomberg News. The survey said it was the largest increase by any member […]

By Agency Reporter Tuesday, 4 Jan 2011 South Africa‘s rand touched a near 3-1/2-year high against the dollar on the first trading day of 2011 on Monday, backing the case for another interest rate cut later this month. Reuters data showed the rand briefly went to 6.55/dollar, its strongest level since […]