Nigeria will not raise benchmark interest rates as a result of the first round of inflationary effects from the removal of a fuel subsidy, Central Bank Governor Lamido Sanusi said on Thursday.  The central bank is due to hold its first interest rate setting meeting for the year next Monday […]

Cordros Capital Limited is a leading Financial Services Company and is licensed as Brokers/Dealers by The Nigerian Stock Exchange (NSE) and Securities & Exchange Commission (SEC). Cordros Capital offers a broad range of services to a diversified client base that includes private clients, small businesses, financial institutions & corporations and […]

Fewer Americans bought new homes in December. The decline made 2011 the worst year for new-home sales on records dating back nearly half a century. The Commerce Department said Thursday new-home sales fell 2.2 percent last month to a seasonally adjusted annual pace of 307,000. The pace is less than […]