By Agency Reporter Monday, 3 Jan 2011 SINGAPORE: Oil fell for a third day after a United States government report showed a smaller-than-forecast drop in crude inventories in the world‘s biggest consuming nation. Bloomberg reported on Friday. Oil traded near $90 a barrel, headed for its highest annual close since 2007, […]
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Capital market: Investors gained N2.9tn in 2010 – Investigation
By Gbenga Agbana and Udeme Ekwere Monday, 3 Jan 2011 The market capitalisation of the 201 first tier listed equities on the Nigerian Stock Exchange increased by 59 per cent, from N4.99tn at the beginning of 2010, to N7.91tn at the end of the last trading day. This translates into a […]
Edo gets SEC approval for N25bn bond
By Agency Reporter Monday, 3 Jan 2011 Edo State Government has secured the necessary approval for a N25bn bond from the capital market for infrastructural development. The offer for subscription of fixed rate infrastructural development bond is restricted to qualified institutional investors and high networth individuals as defined by rule 78(c)(2) […]

