By Agency Reporter Monday, 8 Nov 2010 Asian stocks rose last week, driving up the benchmark index by the most this year, on optimism that the United States Federal Reserve would succeed in stoking growth in the world‘s biggest economy. Bloomberg News reported from Asia on Saturday, that Mitsubishi Corporation, Japan‘s […]

Monday, 8 Nov 2010 The Nigerian inter-bank rates rose to 9.25 per cent on the average this week, from eight per cent recorded previously, following large cash withdrawals by the Nigerian National Petroleum Corporation. The secured Open Buy Back rose to 8.25 per cent from 7.5 per cent, representing 200 […]

By Udeme Ekwere Monday, 8 Nov 2010 Plans by the Nigerian Stock Exchange to increase the limit on daily share price movement from five per cent to 10 per cent may lead to instability in the capital market, experts have said. The Managing Director, Lambeth Trust and Investment Company Limited, Mr. […]