Archive: Page 1734

Senator questions Goldman execs’ testimony

Senator questions Goldman executives’ testimony from last year after panel finds new evidence Marcy Gordon, AP Business Writer WASHINGTON (AP) — The head of a Senate panel investigating the financial… Read more »

DMO plans N70bn bond sale

By Ademola Alawiye The Debt Management Office on Wednesday said that it planned to sell N70bn in three-year and five-year sovereign bonds next year. The debt office said it would,… Read more »

CBN offers $300m at forex auction

By Ademola Alawiye The Central Bank of Nigeria on Wednesday intervened in the foreign exchange market as it offered $300m for sale at the foreign exchange auction. The Central Bank… Read more »

Ikazoboh’s remaining at the Exchange on the prompting of SEC, illegal

  By investadvocate Lagos (INVESTADVOCATE)-Stakeholders in the Nigerian Capital Market (NCM) has frowned over the remaining of Ikazoboh to help run the Nigerian Stock Exchange (NSE) on the prompting of… Read more »

Abbey Building investors to enjoy 25% dividend increase in 2010 end

  By Peter OBIORA investadvocate Lagos (INVESTADVOCATE) – Investors of Abbey Building Society Plc operating in the Mortgage Sector of the Nigerian Stock Exchange (NSE) will enjoy a 25 percent… Read more »

No bridging loan for Portugal: EU

BRUSSELS (AFP) – Europe cannot offer Portugal a bridging loan and long-term financial aid remains dependent on radical changes to its economy, the head of the European Commission said Wednesday…. Read more »

Banks face $3.6 trillion “wall” of maturing debt: IMF

By Emily Kaiser WASHINGTON (Reuters) – The world’s banks face a $3.6 trillion “wall of maturing debt” in the next two years and must compete with debt-laden governments to secure… Read more »

JPMorgan’s net jumps 67 pct on investment banking

  By PALLAVI GOGOI, AP Business Writer NEW YORK – JPMorgan Chase & Co. reported a 67 percent jump in first-quarter earnings Wednesday on solid growth in investment banking fees… Read more »