Forex Threatens Power Production The imbalance in the foreign exchange (forex) market has hindered smooth operation by the nation’s power sector as dollar exchanged for about...
FMDQ to Start Listing of Short-Term Bonds FMDQ OTC Securities Exchange has introduced short-term bonds to the Nigerian fixed income market. The Exchange, on Wednesday, said...
U.S. Housing Starts Fell 9% in September Housing starts fell for the second straight month in September, but builders received more permits, a sign residential construction...
Yahoo Earnings Exceed Expectations Yahoo managed to beat expectations Tuesday by reporting an adjusted quarterly profit of 20 cents per share – about 6 cents more...
U.K. Labor Market Slows The U.K. labor market is losing momentum and there are signs of growing pressure on household incomes as inflation picks up. The...
China’s GDP Grows 6.7% as Expected While concerns are growing over China’s growing debt and the risks to its financial system. China‘s economy expanded at a...
Africa Accounts for $4.1b Non-oil Export Under AGOA The United States Government has stated that Nigeria and other African countries accounted for $4.1 billion worth of...
AG Leventis, Diamond Bank, Seplat Top Losers’ Table AG Leventis Nigeria Plc, Diamond Bank Plc, Seplat Petroleum Development Company Limited, Glaxo Smithkline Consumer Nigeria Plc and...
Consumer Prices in U.S. Rise at Fastest Pace in Five Months The cost of living in the U.S. rose at the fastest pace in five months...
Canada Manufacturing Sales Jump Canadian manufacturing sales in August jumped much more than expected on widespread strength, reinforcing expectations that broad economic growth rebounded in the...
