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MPC may keep lending rate at 6.25%

By Ademola Alawiye Tuesday, 25 Jan 2011 There are strong indications that the Monetary Policy Committee of the Central Bank of Nigeria may keep the benchmark lending rate at 6.25 per cent at its meeting on Tuesday (today) following its effect on inflation rate. A member of the MPC, who asked […]

US stocks gain on merger plans

By Agency reporter Tuesday, 25 Jan 2011 United States stocks rose, as acquisitions and share-buyback plans overshadowed concern about Europe after the collapse of the Irish coalition government threw budget plans into disarray. Bloomberg News reported on Monday, that Smurfit-Stone Container Corporation jumped by 29 per cent after Rock-Tenn Company agreed […]

US stocks gain on merger plans

By Agency reporter Tuesday, 25 Jan 2011 United States stocks rose, as acquisitions and share-buyback plans overshadowed concern about Europe after the collapse of the Irish coalition government threw budget plans into disarray. Bloomberg News reported on Monday, that Smurfit-Stone Container Corporation jumped by 29 per cent after Rock-Tenn Company agreed […]