Uncategorized

AIG reaches deal to repay government

  By STEPHEN BERNARD, AP Business Writer NEW YORK – AIG, which became a lightning rod for criticism over government bailouts, said it reached a deal to repay billions of dollars it received during the credit crisis.   The plan announced Thursday could return a profit to taxpayers who footed […]

Chams Plc reports N2.87 billion loss in 2009 Audited Year End

  By Peter OBIORA investadvocate Sept 29 2010 12.00 GMT     Chams Plc quoted in the Information and Communication Technology (ICT) sector of the Nigerian stock Exchange (NSE) has reported a N2.87 billion loss in its Audited Report for the period ended December 31 2009.     The company […]

Ikhazobo links stock market downturn to liquidity squeeze

  -Council prunes applicants to 119 Thursday, 30 September 2010  By Helen Oji   THE Interim Administrator of the Nigerian Stock Exchange (NSE), Mr. Emmanuel Ikhazobo, has attributed the consistent lull in the stock market to liquidity squeeze in the system.   Ikhazobo, in an interview with The Guardian, explained […]