The directive came when they least expected it. The market has been enjoying a good run. So, they thought no one would pay attention to them. But the Nigerian Stock Exchange(NSE) was bidding its time before striking. Wham! Like a bolt out of the blue came the order that stock […]

By Stanley Opara Tuesday, 18 Jan 2011 THE Cummins Group is exploring opportunities to invest about $75m in Africa over the next five years to build engines used in sectors such as mining, power generation and oil and gas. The countries where the company intended to invest include Egypt, Angola, Nigeria, […]

By Everest Amaefule Tuesday, 18 Jan 2011 The contribution of the banking sector to the nation’s economy in 2010 was subdued, the World Bank has said. The World Bank, which stated this in its “Global Economic Prospects for 2011,” attributed the subdued contribution of the banking sector to the economy to […]