By Eromosele Abiodun, 08.19.2010   The management of UACN Property Development Company Plc, yesterday announced that its just concluded N15billion bond issue was over-subscribed by 100 per cent. The company, a division of UACN Plc, in a statement, promised to use proceeds of the bond to build more houses […]

  Written by Odidison Omankhanlen and Olatunde Sanni Thursday, 19 August 2010   The nation’s foreign exchange reserves rose around three per cent to $38.2 billion by mid-August from $37.1 billion at the end of last month, the Central Bank of Nigeria (CBN) said on Wednesday.Forex reserves stood at $43.3 […]

  11th of August, 2010   The Nigerian Senate has approved a N87.7 billion supplementary budget to fund the forth coming electoral polls which is being proposed to take place in January 2011. The electoral body has specifically stated that the funds are necessary to enable the country conduct credible […]