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Insurers laud Govt’s provatisation plan for PHCN

    Thursday, 09 Sept 2010 By Joshua Nse   THE Nigerian Insurers Association (NIA) has lauded the decision of the Federal Government to allow the private sector to take part in the transmission and distribution of electricity in Nigeria, describing the decision as a step in the right direction. […]

Goldman Sachs Is Fined in the U.K.

      By DAVID ENRICH and BRETT PHILBIN, September 9, 2010   Goldman Sachs Group Inc. agreed to pay a fine of nearly £20 million ($31 million) to the United Kingdom’s Financial Services Authority and concede that the company made a mistake in regulatory disclosures about trader Fabrice Tourre, […]

Exchange sheds N108 billion in three trading days

  Thursday, 09 September 2010  By Helen Oji   INVESTORS continued to count their losses yesterday at the Nigerian capital market, as the prices of equities remained on the downward side. The constant downward trend in the market during the last three days of trading this week made the capitalisation […]