Delta buys 49 percent of Virgin Atlantic for $360M; joint venture to boost Heathrow presence Delta Air Lines said it will buy almost half of Virgin Atlantic for $360 million as it seeks a bigger share of the lucrative New York-to-London travel market. Delta plans to form a joint venture […]
Author: InvestAdvocate
Market rally deepens, index up by 0.6%
The rally in the equities segment of the Nigerian Stock Exchange, continued on Monday, with major indices closing positive. The market capitalisation of the listed equities gained N48bn or 0.6 per cent from N8.522tn last Friday, to close at N8.570tn. Similarly, the NSE’s All-Share Index was up by 150.37 basis […]
Shareholders approve listing of FCMB Holdco
Shareholders of First City Monument Bank Plc have approved the delisting of the bank preparatory to the listing of FCMB Holdco on the Nigerian Stock Exchange. The shareholders during the bank’s Court Ordered Meeting in Lagos on Monday unanimously agreed that all holders of ordinary shares of the bank as […]
