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180811: Afromedia Plc: Trades significant volume without price movement

A significant volume signifies significant interest– Afromedia Plc today traded a significant volume of 120.96million against meagre units of 100 shares traded in the previous session while topping today’s volume traded without price movement. The volume traded today represents 3% of the total share outstanding of the company as further […]

U.S. investigating S&P over mortgages: report

By Soham Chatterjee in Bangalore and JoAnne Allen in Washington (Reuters) – The Justice Department is investigating whether Standard & Poor’s improperly rated dozens of mortgage securities in the years before the financial crisis, The New York Times reported on Thursday, citing sources familiar with the matter. The investigation began […]

Okonjo Iweala to lead GEJ’s Economic Management Team

President Goodluck Ebele Jonathan has constituted a 24-member Federal Government Economic Management Team to coordinate the management of the economy and harmonise government’s deliverables.   Members of the EMT are: 1. President Goodluck Jonathan                            Chairman, 2. Vice President Mohammed Namadi Sambo          Vice Chairman 3. Dr. Ngozi Okonjo-Iweala, Minister of Finance       Co-ordinating 4. Central Bank of Nigeria […]