By Tom Burgis in Lagos December 16 2010   Goodluck Jonathan, Nigeria’s president, on Wednesday announced a budget that would cut spending next year in sub-Saharan Africa’s biggest oil producer, amid concern among investors, the central bank and credit rating agencies about the fiscal largesse that had depleted reserves.   […]

THURSDAY, 16 DECEMBER 2010 00:00 BY HELEN OJI AND FEMI ADEKOYA EQUITIES trading on the floor of the Nigerian Stock Exchange (NSE), yesterday, continued on a bullish note as corporate performance indicators rose by 0.84 per cent. At the close of transactions yesterday, the market capitalisation of listed equities rose by […]

THURSDAY, 16 DECEMBER 2010 00:00 BY MOSES EBOSELE THE House of Representatives Committee on Capital Market, yesterday, pledged to abide by the outcome of the recently held public hearing on unclaimed dividend and abandoned property. Chairman of the committee, Umar Baba Jubril, explained that submissions received from stakeholders during the public […]