Investors around the world scrambled for safe havens as fears of a global economic slowdown grew.   The yen briefly touched a 15-year high against the U.S. dollar, the euro suffered its worst selloff in nearly two years, and global stock markets tumbled.   A day after briefly cheering […]

  By Ini Ekott August 12, 2010 12:35AM   Ndidi Okereke-Onyuike has said the allegations of fraud which led to her sack as head of the Nigerian Stock Exchange last week were politically motivated.   Ms Okereke-Onyuike and the former president of the Exchange, Aliko Dangote, who was also fired […]

  THURSDAY, 12 AUGUST 2010    World oil prices fell yesterday (Wednesday), in line with tumbling global equity markets, as investors set aside a positive report of International Energy Agency (IEA) on demand.Brent North Sea crude for delivery in September sank $1.38 to $78.22 a barrel in late afternoon London […]