World News

Nigeria spending raises instability fears

By Tom Burgis in Lagos December 16 2010 Heavy election-season spending in Nigeria risks exposing sub-Saharan Africa’s biggest oil producer to economic instability and potentially a currency shock, senior officials and bankers have warned, as fears mount over the rapid depletion of foreign reserves.   Successive governments have all but […]

Samsung, LG win Chinese approval to build LCD plants

By Agency Reporter Saturday, 4 Dec 2010 SEOUL: Samsung Electronics Company and LG Display Company, the world’s two biggest makers of liquid-crystal displays, said they received the Chinese government’s approval to build LCD factories in the country and meet surging demand, Bloomberg reported on Thursday. Samsung spokesman James Chung and Son […]

Nigeria’s Exchange to commence extension of trading hours Dec’ 06 2010

By Peter OBIORA investadvocate Dec 03 2010 16.30 GMT Lagos (INVESTADVOCATE) – The Nigerian Stock Exchange (NSE) would on Monday December 06 2010 commence the extension of trading hours on its Floor. This was contained in a Statement issued Friday December 03 2010 by Wole Tokede, Seniour Manager, Corporate Communications […]