By Udeme Ekwere Afromedia Plc recorded a profit after tax of N134.67m in its unaudited result for the period ended December 31, 2010. This represents a decrease of 16 per cent or N26.42m from the N161.09m recorded in the corresponding period of 2009. According to the NSE’s weekly report […]

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 […]