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Nigeria’s Exchange: New Management lacks foresight-Okezie

In this interview with PETER OBIORA and IFY ONYE of Investadvocate, Boniface Okezie, National Chairman of the Progressive Shareholders Association of Nigeria (PSAN) reacted to questions on the current Market trend and some of the reforms announced by the new Management of the Nigerian Stock Exchange. Excerpt: The year is […]

Buffett’s firm buys about $10.7B in IBM shares

OMAHA, Neb. (AP) — Investor Warren Buffett says his company bought about $10.7 billion of IBM stock this year, giving it a stake of more than 5 percent in the technology company. Buffett revealed the investment during an interview on CNBC on Monday. Buffett’s company, Berkshire Hathaway Inc., planned to […]

Stock market dips as Europe troubles resurface

NEW YORK (AP) — Stocks edged lower on Wall Street Monday as retailers reported lower results and as Europe’s debt troubles continued to hang over markets. The euro fell against the dollar and European stock indexes were mostly lower as traders looked ahead to the challenges still facing the region […]