December 15, 2010, 0914 When Proshare issued its breaking news story at 3.25pm yesterday “NBC Plc to Delist, Sends Notice to NSE”, it elicited a sense of concern and worry about an emerging trend and its implications.  Surprisingly, the shares were not placed on technical suspension.   These are early days […]

by Odidison Omankhanlen, Lagos, with Agency Report Wednesday, 15 December 2010   Barring any unforeseen development, nine out of the 10 rescued banks will be sold to new investors by the second quarter of next year.   Chief Executive of Asset Management Corporation of Nigeria (AMCON),Mustapha Chike-Obi, who gave this […]

By The Associated Press WASHINGTON – Consumer prices increased slightly last month as food and energy costs ticked up, but there was little sign of widespread inflation.   The Consumer Price Index rose 0.1 percent in November, less than the previous month’s rise of 0.2 percent, the Labor Department said Wednesday. In the past year, prices have […]