By Agency Reporter United States stocks fell this week, sending the Standard & Poor’s 500 Index to the lowest level since January 31, after American and Chinese reports damped optimism about the global economy. Bloomberg reported on Saturday, that Exxon Mobil Corporation lost 3.5 per cent since March 4, leading […]

By Udeme Ekwere Investors’ rush for low-priced bank stocks have improved activities on the Nigerian Stock Exchange significantly. Activities began to improve on Wednesday as major indicators closed positive, following 10 straight days of losses. Equity trading activities had recorded their longest loss since August 2009 with the market capitalisation […]

By Ademola Alawiye The Central Bank of Nigeria said it sold N130bn ($840m) worth of treasury bills as part of measures to control money supply in the economy. The apex bank said on Friday that it had sold N50bn each in the 182-day and 364-day instruments at marginal rates of […]