By Ademola Alawiye The benchmark lending rate was recently increased from 6.5 per cent to 7.5 per cent by the Monetary Policy Committee of the Central Bank of Nigeria. Experts say the increase will strengthen the value of the naira and control inflation, writes Ademola Alawiye. For the second time […]

  By Udeme Ekwere Analysts in the Nigerian capital market have predicted that capital market activities may not pick up till after the April elections. This is despite the impressive results released to the Nigerian Stock Exchange by major banks and other sub-sectors in the past few weeks. Analysts at […]

Oil slips below $105 in Europe as Libyan rebels retake oil ports, pledge quick output restart Pablo Gorondi, Associated Press Oil prices slipped below $105 a barrel Monday as Libyan rebels retook control of two key port towns and said they would restart crude exports within weeks. By early afternoon […]