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Tier 2 Banks Not Fairly Valued -Renaissance Capital

  By, 06.22.2010    Renaissance Capital Limited has said that the current valuation gaps between the first four banks in Nigerian and the tier two banks is not justifiable as the only difference between them can only be explained by liquidity.      The Russian investment firm, which made this […]

Oil prices continue to fall, as survey forecasts rebound this week

  MONDAY, 21 JUNE 2010   Crude oil futures fell for a second day to trade around $ a 76barrel in New York as the dollar strengthened and concerns persisted that fuel supplies in the U.S. are excessive.     Crude may advance next week after U.S. gasoline consumption climbed […]

Oil prices inch towards $80

  TUESDAY, 22 JUNE 2010   Oil prices rallied towards $80 yesterday on expectations that demand in China will rise after the nation’s central bank said it would allow the yuan more “freedom of movement”.     New York’s main futures contract, light sweet crude for delivery in July, also […]