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Asia shares up most in seven weeks

By Agency reporter Tuesday, 2 Nov 2010 Asian shares rose the most in seven weeks on Monday, driven higher by surprisingly strong China manufacturing data and hopes that super-easy United States monetary policy will loosen even further this week, according to a report by Reuters. Investor demand for riskier assets was […]

Market capitalisation hits N8tn as Multi-Trex lists shares

By Udeme Ekwere Tuesday, 2 Nov 2010 The Nigerian Stock Exchange’s market capitalisation hit N8tn on Monday, as the Exchange admitted Multi-Trex Integrated Foods Plc‘s 3.72 billion ordinary shares into its Daily Official List. At the close of trading, the ordinary shares of 50 kobo each, listed at N3 per share, […]

NEXIM Bank invests N66bn to finance SME projects

By Emeka Ezekiel, Abuja Tuesday, 2 Nov 2010 The Nigerian Export Import Bank has invested N66bn to finance projects in the Small and Medium Scale Enterprises sub- sector in Nigeria within the last 19 years. The Managing Director / Chief Executive Officer , NEXIM Bank, Mr.Roberts Oriya, disclosed this in Abuja […]