The Securities and Exchange Commission has said that it is putting plans in place to increase the Nigerian capital market’s depth. Accordingly, the apex market regulator has developed a road map to ensure that new issuances are brought into the market. The Director-General, SEC, Ms. Arunma Oteh, who was quoted […]

More than a dozen Italian banks, including top lenders UniCredit and Intesa Sanpaolo , tapped 116 billion euros ($143.52 billion) of new three-year loans offered by the European Central Bank, nearly a quarter of the total, three sources with direct knowledge of the matter told Reuters. The ECB’s first ever […]

Homes sales surged in November, adding to hints of recovery, but revisions to data for the last four years showed the housing recession was much deeper than previously thought. The National Association of Realtors said on Wednesday that sales of previously owned homes increased 4 percent from October to an […]