By Stanley Opara and Ronke Badmus EMPLOYEES of Deposit Money Banks are currently groaning under the weight of significant pay cuts, occasioned by the liquidity crisis in the capital and money markets, investigation by our correspondents has shown. The situation, according to our correspondents’ findings, has made jobs in the […]

By Udeme Ekwere ACTIVITIES on the Nigerian Stock Exchange have continued to drop because politicians have continued to sell off their portfolios to fund campaigns for the April elections. The President, Chartered Institute of Stockbrokers, Mr. Mike Itegboje, said this in an interview with our correspondent in Lagos on Tuesday. […]

By Emily Chasan NEW YORK, March 14 (Reuters) – Daniel Mudd, chief executive of hedge fund Fortress Investment Group LLC (FIG.N), has been notified by U.S. regulators that he may face civil claims related to his previous position as president and CEO of government-sponsored mortgage firm Fannie Mae. In a […]