As the stakeholders await the Federal Government’s action on a petition by stockbrokers for a possible bail-out of the nation’s stock market, the benchmark index of the market   crashed further Wednesday to a record low this year. The Nigerian Stock Exchange (NSE) All-Share Index, which opened the year at 24,770.52 closed at 19,925.97 yesterday following a […]

BRUSSELS (AP) — The European Union plans to force the region’s biggest banks to raise billions of euros in capital to better withstand market turmoil over the high debt in several euro countries, the European Commission’s president said Wednesday. Jose Manuel Barroso also warned that key European banks should not […]

NEW YORK (AP) — Sporadic outages of BlackBerry messaging and email service spread to the U.S. and Canada on Wednesday, as problems stretched into the third day for Europe, Asia, Latin America and Africa. Research In Motion Ltd., the Canadian company that makes the phones, said users in the Americas […]