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Cornerstone Insurance: Shareholders frown on losses, no dividend payout

  -Advise Board to step up By Yakubu LAAH investadvocate Sept 17 2010 16.40 GMT     Lagos–Shareholders of Cornerstone Insurance Plc (Cornerstone) at the company’s 18th Annual General Meeting (AGM) held Friday September 17 2010 in Lagos Nigeria frowned on the three (3) years consecutive losses posted by the […]

Sanusi fixes single-digit lending take-off for Dec

  Friday, 17 September 2010   Central Bank of Nigeria (CBN) Governor, Malam Sanusi Lamido Sanusi, declared yesterday that lending rate within the financial system must drop to single-digit by the end of the year.   Sanusi, who spoke to foreign media in London, Britain, said that weak bank lending […]

Stocks pull back after drop in consumer sentiment

  September stock rally halted after surprise drop in consumer sentiment Stephen Bernard, AP Business Writer, On Friday September 17, 2010 Stocks pulled back modestly Friday after a discouraging report on consumer sentiment tempered recent signs of economic growth and upbeat earnings from the technology sector. The Dow Jones industrial, […]