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US homes lost to foreclosure drops 9 pct in Oct.

By ALEX VEIGA, AP Real Estate Writer  LOS ANGELES – The number of U.S. homes repossessed by lenders last month fell by the sharpest margin this year, as several major lenders temporarily halted most or all of their foreclosures amid allegations thousands of foreclosures were handled improperly.   Home repossessions dropped 9 percent from September […]

Market capitalisation rises by N221bn in two days

By Gbenga Agbana Thursday, 11 Nov 2010 Strong indications emerged on Wednesday that the stock market is set to experience a major rally, as the indices of corporate performance shot up by 2.8 per cent in the last two says, indicating that investors are gradually renewing interest in the market. Specifically, […]

Labour strike: Banks, other institutions count losses

By Ademola Alawiye Thursday, 11 Nov 2010 Officials of Deposit Money Banks and other financial institutions in the country on Wednesday said that the strike embarked upon by the organised labour over the reommended minimum wage impacted negatively on their businesses. According to those who spoke to our correspondent in separate […]