By Udeme Ekwere Thursday, 10 Feb 2011 Trading activities on the Nigerian Stock Exchange witnessed a trend reversal on Wednesday, as transactions closed positive to end the five days downward trend. The market capitalisation of the listed equities rose by N87bn or one per cent from N8.442tn on Tuesday to N8.529tn. […]

By Agency Reporter Thursday, 10 Feb 2011 Stocks fell, sending emerging markets down for a fifth day, amid concern that accelerating inflation would push up borrowing costs. Bloomberg News reported that the MSCI Emerging Markets Index lost 1.4 per cent in New York to extend its longest slump since November. The […]

By Udeme Ekwere with agency report Thursday, 10 Feb 2011 The Debt Management Office on Wednesday said it planned to raise N66.5bn in sovereign bonds. Reuters reported that the instruments would be issued in three-year and five-year bonds next week, in the DMO’s second debt auction of the year. The debt […]