By Ademola Alawiye Wednesday, 8 Dec 2010 The downward trend recorded by major indicators in the equity segment of the capital market continued on Tuesday, as a result of profit taking by investors on the stocks of some major blue chip stocks. At the close of trading activities, a total of […]

By Agency Report Wednesday, 8 Dec 2010 Nigeria is planning a roadshow to the United States next week with the book-runners for its $500m debut eurobond and is on track to complete the issue before the end of the year, banking sources said on Tuesday. ”We expect (the roadshow) should terminate […]

By Agency Reporter Wednesday, 8 Dec 2010 The United States Treasury Department has sold its remaining stock in Citigroup Incorporation for $10.5bn, bringing the country‘s third-biggest bank a step closer to independence from the government, after a $45bn bail-out in 2008, Bloomberg reported on Tuesday. The Treasury said it disposed of […]