LONDON (Reuters) – J.P. Morgan will soon announce it has bought a 4.7 percent stake in the London Metal Exchange (LME) from defunct U.S. brokerage MF Global, two people familiar with the situation said on Tuesday, making it the exchange’s largest shareholder. The U.S. investment bank would pay 25 million […]

In a bid to hasten the recovery of the Nigerian stock market, the Association of Issuing Houses of Nigeria has started lobbying stakeholders to agree on a plan that will ensure the survival of the nation’s capital market. The association said that it was also working towards constantly engaging key […]

In 2009 Reuben Abati suggested that it will soon be time to start stoning the economists in the corridor of power in Abuja. In 2011 I strongly recommend that everyone in the corridor of power and all those who are called stakeholders who have supported the removal of the subsidy […]