By Udeme Ekwere Monday, 15 Nov 2010 Mobil Oil Nigiera Plc recorded a profit after tax of N2.93bn in its unaudited results for the third quarter ended, September 30, 2010. This represents a 75 per cent increase over N1.26bn recorded in the similar period of 2009. According to the Nigerian Stock […]

Monday, 15 Nov 2010 Inter-bank rates rose to 11.75 per cent on the average, from 9.25 per cent last week, as a result of net injection of about N4.71bn into the inter-bank money market through government securities and foreign exchange transactions. Available data from First Securities Discount House showed that […]

By Ademola Alawiye Monday, 15 Nov 2010 Banks have been urged to support indigenous companies with large capital outlay for their operations. The Executive Vice- Chairman, Multi Trex Integrated Foods Plc, Mr. Ayo Owofemi, said this at the inauguration of the company‘s second cocoa processing factory by President Goodluck Jonathan in […]