By Udeme Ekwere Friday, 31 Dec 2010 Investors’ interest in banking stocks continued to drive trading activities on Thursday, with major indicators recording marginal appreciation. Specifically, the market capitalisation of the listed equities rose by 0.05 per cent or N4bn from N7.908tn to close at N7.912tn. Similarly, the Nigerian Stock Exchange’s […]

By Agency reporter Friday, 31 Dec 2010 Mortgage rates for United States loans climbed to a seven-month high, increasing borrowing costs for homebuyers in a sluggish real estate market, Bloomberg reported on Thursday. The average rate for a 30-year fixed loan rose to 4.86 per cent in the week ended Thursday […]

By Gbenga Agbana with agency report Friday, 31 Dec 2010   The share price of UACN Plc rose by 44 kobo on Thursday, following plans by its core investor, Tiger Brands, a South African firm, to invest $375m in its operations. The company’s share price rose by 44 kobo to close […]