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 […]

By Stanley Opara with agency report Friday, 4 Feb 2011 The Federal Government plans to auction a total of N109.27bn ($716m) in 91-day, 182-day and 364-day debt next week, the Central Bank of Nigeria has said. The regulator said on Thursday that it would issue N39.27bn in 91-day bills, N40bn in […]

By Agency Reporter Friday, 4 Feb 2011 South Africa’s rand may weaken against the dollar after anti-government protests in Egypt turned violent, damping risk appetite and boosting the United States currency as a safe haven, according to Standard Bank Group Limited. “The political unrest in Egypt is causing great uncertainty in […]