By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-UAC of Nigeria Plc (UACN) Tuesday said it has acquired 51 percent (51%) stake in Portland Paints $ Products Plc. The Company has notified The Exchange of the execution of a transaction by which has acquired 204,000,000 ordinary shares of Portland Paints & Products Plc […]
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US home prices rise in May by most in 7 years
U.S. home prices jumped 12.2 percent in May from a year ago, the most in seven years. The increase suggests the housing recovery is strengthening. Real estate data provider CoreLogic said Tuesday that home prices rose from a year ago in 48 states. They fell only in Delaware and Alabama. […]
Oil above $98 as protests rock Egypt government
The price of oil advanced past $98 a barrel Tuesday, underpinned by political unrest in Egypt that raised fears of disruption to global crude supplies. By early afternoon in Europe, benchmark crude for August delivery was up 37 cents to $98.36 a barrel in electronic trading on the New York […]
