By Udeme Ekwere Tuesday, 15 Feb 2011 The market capitalisation of the listed equities on the Nigerian Stock Exchange has recorded a decline of N384bn within the last three weeks. Following its recovery by 18.9 per cent last year, activities at the capital market continued on the rise, hitting a peak […]

By Agency Reporter Tuesday, 15 Feb 2011 The naira appreciated slightly against the dollar at the inter-bank market on Monday as the previous week’s foreign exchange sales by energy companies continued to provide support for the local currency. The naira firmed to N152.47 to the dollar from N152.56 on Friday. At […]

By MARTIN CRUTSINGER, AP Economics Writer  WASHINGTON – President Barack Obama sent Congress a $3.73 trillion budget Monday that holds out the prospect of eventually bringing deficits under control through spending cuts and tax increases.   But the fiscal blueprint largely ignores his own deficit commission’s view that the nation is imperiled unless […]