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New home sales slowest in at least a half-century

By DEREK KRAVITZ, AP Real Estate Writer – Wed Mar 23 2011 WASHINGTON – Home construction in the United States is all but coming to a halt. Americans are on track to buy fewer new homes than in any year since the government began keeping data almost a half-century ago. Sales are […]

Merger: Access Bank, Intercontinental sign MOU

By Udeme Ekwere Access Bank Plc and Intercontinental Bank Plc have finally signed a Memorandum of Understanding for the purpose of combining the business of both institutions. Our correspondent gathered on Friday that the MoU was signed following the approval of the Board of Directors of the two banks. A […]

A look at economic developments around the globe

By The Associated Press A look at economic developments and activity in major stock markets around the world Friday: ___ LISBON, Portugal — Portugal’s president sought to broker a deal between rival parties to give the debt-stressed country a new government as it is engulfed by a financial crisis and […]