By Agency reporter Friday, 31 Dec 2010 Mortgage rates for United States loans climbed to a seven-month high, increasing borrowing costs for homebuyers in a sluggish real estate market, Bloomberg reported on Thursday. The average rate for a 30-year fixed loan rose to 4.86 per cent in the week ended Thursday […]

By Gbenga Agbana with agency report Friday, 31 Dec 2010   The share price of UACN Plc rose by 44 kobo on Thursday, following plans by its core investor, Tiger Brands, a South African firm, to invest $375m in its operations. The company’s share price rose by 44 kobo to close […]

By Agency reporter Friday, 31 Dec 2010   Stakeholders in the financial sector have called on the Central Bank of Nigeria to take measures that will stimulate full recovery of the sector in 2011. They said the CBN needed to be proactive in implementing policies that would give the sector more […]