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Stocks edge up after Obama extends tax cuts

Stocks open higher after President Barack Obama signs $858 billion tax package         Chip Cutter, AP Business Writer, On Monday December 20, 2010 NEW YORK (AP) — An extension of tax cuts for all Americans is sending stocks higher. All three major indexes are rising Monday after President Barack Obama signed […]

Toxic assets: AMCON concludes deals with 17 banks – MD As the Asset Management

By YEMI KOLAPO Monday, 20 Dec 2010 Corporation of Nigeria settles down to the task of buying over the toxic assets of Deposit Money Banks, its Managing Director, Mr. Mustapha Chike-Obi, tells YEMI KOLAPO about the progress made so far in the quest to sanitise the money market.   The Asset […]

IMF disburses ¤2.5bn more to Greece

By Agency reporter Monday, 20 Dec 2010 The International Monetary Fund said on Friday that it was disbursing about ¤2.5bn ($3.3bn) more to Greece as part of an effort to bail out the country’s struggling economy. The IMF‘s executive board, according to Reuters, said it had completed a review of Greece’s […]