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World stocks rise on Europe relief

  By Agency Reporter   Thursday, 9 Sep 2010   United States share prices rebounded on Wednesday, aided by gains in European markets, while the stronger yen tested the Bank of Japan‘s resolve to cut the currency down from its 15-year peak.   The force of safe-haven flows into the […]

Naira eases against dollar

  By Agency Reporter   Thursday, 9 Sep 2010   The naira eased further to N151.80 to the United States dollar on the interbank market on Wednesday from 151.45 on Tuesday after the Central Bank of Nigeria failed to meet all demand at an official forex auction, traders said. Reuters […]

PZ Cussons declares N2.7bn dividend

      By Gbenga Agbana   Thursday, 9 Sep 2010   PZ Cussons Nigeria Plc has declared N2.7bn dividend for the 2009 financial year. The dividend represents 80 kobo per share and 25 per cent increase over the N2.17bn paid last year.   Speaking at the 62nd Annual General […]