Sun Nov 15, 2015/Reuters Two bidders remain in the race to purchase General Electric Co.’s (GE.N) Japanese commercial lending business, the Wall Street Journal reported on Sunday, citing a person familiar with the situation. The leasing arm of Sumitomo Mitsui Financial Group and Shinsei Bank submitted binding bids this month […]
Capital Market
500 Public Companies Risk SEC’s Sanctions over Non-registration of Securities
November 16, 2015/Thisday Over 500 public companies may be sanctioned by the Securities and Exchange Commission (SEC) for not registering their securities with the commission, THISDAY checks at the weekend have revealed. Public companies, according to the Companies and Allied Matters Act, 1990, are firms that have more than 50 […]
Nigeria’s Inflation Down 9.3% in Oct’15, slightly Lower than 9.4% Recorded in Sept’15
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- Nigeria’s inflation dipped 1.06 percent to 9.3 percent year-on-year (Y-o-Y) in October from 9.4 percent recorded in September 2015, according to the National Bureau of Statistics (NBS) latest Consumer Price Index (CPI). “The slower pace in October was as a result of lower increases […]

