By Jude Onwuamanam, Kaduna  Thursday, 26 Aug 2010    The Kaduna State Government has completed the processes for the issuance of N8.5bn bonds to enable it to finance some major projects.The N8.5bn bond issue is the first tranche under the Kaduna State Bond Issuance Programme and the fund will […]
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S&P cuts Ireland’s long-term rating to AA-
Richard Wray, Thursday 26 August 2010 Ireland’s national debt management agency has hit back at the decision of Standard & Poor’s (S&P) to downgrade the country’s ratings on concerns about the high cost of bailing out its ailing banking sector.The National Treasury Management Agency (NTMA), which is responsible […]
SEC Investigates Allegations in AP
By Goddy Egene and James Emejo in Abuja, 08.26.2010 The Securities and Exchange Commission (SEC) has launched a formal investigation into the allegations of financial mismanagement leveled against the Chairman of  African Petroleum (AP) Plc, Mr. Femi Otedola by the suspended Executive Director, Finance & Information Technology, Mr. […]

