By Agency Reporter Tuesday, 16 Nov 2010 United States stock futures rose, rebounding after the biggest weekly drop in three months for the benchmark Standard & Poor‘s 500 Index, as investors awaited reports that might show the economy is improving. Bloomberg News reported from the US on Monday, that Bucyrus International […]
Author: InvestAdvocate
Sallah: Market capitalisation drops by N22bn
By Udeme Ekwere Tuesday, 16 Nov 2010 PREPARATIONS for the Eid-el-Kabir celebrations affected activities on the Nigerian Stock Exchange on Monday as indicators recorded marginal decline at the close of trading. The market capitalisation of the listed equities, which had closed on Friday, at N8.10tn, fell by N22bn or 0.3 per […]
AMCON may purchase less than 60% of some banks’ NPLs
By Ademola Alawiye Tuesday, 16 Nov 2010 The Asset Management Corporation of Nigeria will purchase less than 60 per cent of some rescued banks‘non-performing loans, investigation by our correspondent has revealed. It was gathered by our correspondent from a source from one of the rescued banks that a large part of […]

