The Associated Press RATES NEARLY UNCHANGED: Freddie Mac said the average rate on a 30-year fixed mortgage rose to 4.87 percent from 4.86 percent the previous week. The average rate on the 15-year fixed mortgage increased to 4.10 percent from 4.09 percent. STILL NEAR RECORD LOWS: Fixed rates are […]

April 6, 2011; Opeyemi Agbaje After five weeks of political commentary, I return this week to the economy, and particularly the financial sector. The announcement last monday March 28, 2011 of an imminent tie-up between Access Bank Plc, the dynamic Nigerian banking group with increasingly continental franchise and presence in […]

By Agency Reporter WASHINGTON: The Securities and Exchange Commission unveiled a long-awaited plan designed to protect the markets from volatile price swings following the May 6 “flash crash.” According to a report by Reuters on Wednesday, the so-called “limit up-limit down” proposal, announced by the SEC on Tuesday, would require […]