By Agency Reporter Tuesday, 4 Jan 2011 The Ugandan shilling was unchanged against the dollar on Monday as business got off to a slow start after end of year festivities. Commercial banks in Kampala quoted the local currency at 2,310/2,315, the same level it closed on Friday, Reuters said on Monday. […]

By Agency Reporter Tuesday, 4 Jan 2011 Bank of America Corporation said it agreed to pay Fannie Mae and Freddie Mac, $2.8bn, to settle claims that it sold the mortgage finance companies bad home loans. Reuters reported on Monday, that the Bank of America shares climbed 4.5 per cent in early […]

By Udeme Ekwere Tuesday, 4 Jan 2011 Activities in the Nigerian capital market are set to begin on a positive note this year, with the take-off of the Asset Management Corporation of Nigeria, experts have said. The experts who spoke to our correspondent in separate interviews on Monday, said that with […]