African Capital Alliance (ACA) has raised $200 million for Capital Alliance Private Equity III (CAPE III) for investment in critical sectors of the economy, a statement...
Oando Plc has posted a profit after tax of N1.82 billion for the first quarter as against N1.39 billion recorded in 2008 indicating a growth of...
The Nigerian Stock Exchange (NSE) key indicators for measurement corporate closed the first half of 2009 on the down side as the capital market recorded a...
The Nigerian Stock Exchange has refuted claims that Nigerians banks have an estimated N1 trillion trapped in the capital market as either facilities for margin loans...
The chief executive officer of Smadac Securities, Mr Adams Yakubu, has called for a total revamp of the investment policy in the country to encourage more...
Bank of America set aside $13.38 billion for bad loans for a second straight quarter, and net charge-offs totaled $8.7 billion, up 25 percent from the...
The struggle over control of Porsche, the heavily leveraged maker of world-class sports cars including the 911, appears to be coming to an end, according to...
Bank of America Corp, the largest U.S. bank, posted a quarterly profit that topped Wall Street forecasts but warned of a fresh surge in soured loans...
Nigerian Breweries Plc has posted a growth of 21.5 per cent growth in turnover for the half year ended June 30, 2009. Unaudited result showed turnover...
Emerging-Market bond investors recovered their losses from the worst financial crisis since the Great Depression as a rally in debt from Argentina to Ukraine pushed JPMorgan...
