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Stockbroker calls for more foreign investments

There is the need for government to encourage more foreign participation in the Nigerian capital market. This was the opinion canvassed by the Chief Executive Officer, Anchoria Investment and Securities Limited, Mr. Olusola Dada, at the ninth annual PEARL Awards lecture for capital market development in Lagos on Tuesday. In […]

Buffett’s Berkshire buying NV Energy for $5.6B

Berkshire Hathaway unit MidAmerican Energy will buy NV Energy for $5.6B, or $23.75 per share Berkshire Hathaway’s MidAmerican Energy utility is buying Nevada electric and natural gas company NV Energy Inc. for $5.6 billion in a deal that the companies say will marry MidAmerican’s expertise in renewable energy with Nevada’s […]

Rising Mortgage Rates, Home Prices a Lethal Brew

A sharp rise in mortgage rates over the last few weeks means it may already be too late for many homeowners to benefit from a refinance. This just as thousands were gaining equity in their homes and finally becoming eligible. At the same time, it is pushing some renters off […]