Economic analysts have predicted that the Nigerian economy will maintain positive macro-economic indices in 2013. According to a report, the analysts said Nigeria would see higher growth, higher equity valuations, robust reserves accretion, firm oil prices and slightly lower inflation next year. They said the nation’s Gross Domestic Product (GDP) […]
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NSE to Suspend Trading on UBA Shares over Restructuring
The Nigerian Stock Exchange (NSE) will place a full trading suspension on the shares of United Bank for Africa (UBA) Plc at the stock market from January 2 to 4, 2013 to enable the bank concludes its restructuring process. Shareholders of the bank recently approved a new commercial banking structure […]
New home sales climb to highest rate since April 2010
New single-family home sales accelerated in November to the fastest pace in 2 1/2 years and median sales price jumped from the same month in 2011, signs that the U.S. housing recovery is gaining some steam. The Commerce Department said on Thursday sales climbed 4.4 percent last month to a […]
