The Rivers State Council of the Nigeria Union of Journalists (NUJ), has commended Governor Chibuike Amaechi for re-appointing one of its members, Prince Ogbonna Nwuke into...
It’s probably never a bad time to be rich. But the good times for America’s wealthy could soon be a little less so. President Barack Obama...
Various government departments and agencies indicate that Nigeria’s public enterprises have, prior to the privatisation programme, frittered over N200 billion annually. This colossal resource made available...
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...
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...