By Helen Oji FOLLOWING share price losses incurred by major blue chip stocks on the floor of the Nigerian Stock Exchange (NSE), equity transactions recorded a downturn, as market capitalisation dropped marginally by N5 billion. Investors also traded 254.6 million shares worth N2.11 billion in 7,165 deals, down from […]
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Global currency trading jumps by 20%
 By Agency Reporter  Currency graph and dealers trading on the currency markets has grown by 20 per cent in three years to $4tn a day, the British Broadcasting Corporation reported on Wednesday. A three-year report into currency dealing shows rapid growth in trading, with the majority of […]
AFDB to increase private sector lending in 2011
By Agency Reporter   he African Development Bank expects to lend $2.2bn to the private sector in 2011, up from the $2bn forecast for this year, a senior bank official said on Wednesday. According to Reuters, the bank‘s President, Mr. Donald Kabernka, said earlier this year that he […]
