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Court Fixes December 13, 2010 for SEC to file Counter Affidavit

The Federal High Court sitting on Monday, December 6, 2010 has delivered its ruling on whether or not it will adjourn sine die (indefinitely) the case of wrongful removal from office instituted by Prof (Mrs.) Ndi Okereke-Onyiuke against the Securities & Exchange Commission (SEC).   It will be recalled that […]

Oil rises slightly on recovery optimism, weak dollar

By Agency Reporter Wednesday, 8 Dec 2010 BRUSSELS : European Union finance ministers formally adopted Ireland‘s ¤85bn ($114bn) bailout plan on Tuesday, hours before the Irish parliament was to vote on an austerity budget. Ministers from the 27 European Union nations ”adopted a decision providing financial assistance to Ireland and a […]

China rate rise builds as loans, inflation rise

By Agency Reporter Wednesday, 8 Dec 2010 BEIJING: China is likely to raise interest rates in the coming days in a demonstration of the government‘s resolve to tame inflation, Reuters reported on Tuesday. In a banner headline across its front page, the China Securities Journal said this weekend offered a ”sensitive […]