Stanbic IBTC Stockbrokers Limited led the top 10 stockbroking on the Nigerian bourse for the first quarter ended March 31, 2014. While the top 10 broking firms accounted for 61.2 per cent of the value of transactions in Q1, Stanbic IBTC dominated with 16 per cent or N87.371 billion. Rencap […]
Author: InvestAdvocate
CBN Clears Former Bank Chief
Respite may have started coming the way of some former bank officials whose clearance had been delayed by the Central Bank of Nigeria (CBN) following the green light given to a former Executive Director of Union Bank Plc, Mr. Austen Obigwe by the central bank. Obigwe, who was cleared last […]
India’s Sun Pharma to buy Ranbaxy in $3.2 billion all-share deal
India’s Sun Pharmaceutical Industries Ltd (SUN.NS) said it will buy Ranbaxy Laboratories Ltd (RANB.NS) in a $3.2 billion all-share deal, creating the world’s fifth-largest generic drug maker from two firms struggling with quality issues in the lucrative United States market. Ranbaxy, India’s biggest drugmaker by sales and 63.4 percent owned […]
