By Udeme Ekwere Monday, 17 Jan 2011 With the sustained increase recorded in activities at the Nigerian capital market, analysts have said there may be some level of profit taking this week. Since the close of equity trading activities last Monday, major market indicators of the Nigerian Stock Exchange have continued […]

By Ademola Alawiye with agency report Monday, 17 Jan 2011 Inter-bank lending rates rose to 9.25 per cent on average last week, compared to six per cent recorded the previous week as large cash withdrawals by the Nigerian National Petroleum Corporation drained liquidity in the system. The secured Open Buy […]

By Stanley Opara Monday, 17 Jan 2011 Citibank Nigeria Limited has announced the appointment of Mr. Olayemi Cardoso as the new Chairman of the bank’s Board of Directors. In addition, Citi Nigeria named Mr. Michael Murray-Bruce and Dr. Hilary Onyiuke as new non-executive directors. The new appointments were announced following the […]