Capital Market

Nasdaq Files Patent Infringement Lawsuit To Protect Intellectual Property

Culled—Proshare March 2, 2018/Mondo  Nasdaq (Nasdaq:NDAQ) filed a patent infringement lawsuit in the United States District Court for the District of New Jersey yesterday, aiming to protect Nasdaq’s electronic trading technology from unauthorized use by IEX Group, Inc. and Investors Exchange LLC (IEX). The seven patents asserted in the lawsuit […]

MTN eyes $5.2bn NSE listing in July

March 1, 2018/Punch Stanley Opara with agency report MTN Group plans to list its Nigerian unit worth $5.23bn by July in a debut Initial Public Offer on the Nigeria Stock Exchange and will raise fresh funds to reduce debt, according to pre-IPO presentation seen by Reuters. MTN aims to raise […]

NSE, CBI Honour Companies, Directors for Passing Corporate Governance Rating Assessment

February 23, 2018/NSE 437 individuals and 35 companies honoured  Launches Corporate Governance Index  The Nigerian Stock Exchange (NSE or Exchange) and The Convention on Business Integrity (CBi) held a certification ceremony for 35 companies and 437 directors that made it over the 70% threshold for the Corporate Governance Rating System […]