BP Plc (LSE:BP.) plans to spend up to 3.7 billion pounds ($5.9 billion) buying back its shares after agreeing last week to pay record criminal penalties over the Deepwater Horizon disaster, Britain’s Sunday Times said in an unsourced report. BP said on Thursday it would pay $4.5 billion to resolve […]
Author: InvestAdvocate
Equities close positive, index rises by 0.04%
Nigerian shares recorded marginal gains on Thursday as the capital market closed positive for the second consecutive day. At the end of trading activities on the floor of the Nigerian Stock Exchange, the NSE All Share Index appreciated by 0.04 per cent or 9.93 basis points to close at 26,356.63 […]
Concerns as mixed reactions greet Nigeria’s positive credit ratings
Nigeria may have received positive international recognition from famous financial ratings firms, yet analysts are worried that its citizens are not living the good life expected of an economically progressive nation. OKECHUKWU NNODIM reports The recent BB-credit ratings given Nigeria by two renowned international ratings agencies, Fitch Ratings and Standard […]
