Capital Market

Wall Street slips after weak economic data

Fri May 15, 2015/Reuters U.S. shares were slightly lower on Friday as weak economic data pointed to a lack of momentum in the economy, a day after the S&P 500 closed at a record high. Industrial output slipped 0.3 percent, weighed down by a decline in production by mining companies […]

SABMiller buys Meantime to quench thirst for craft beer

Fri May 15, 2015/Reuters SABMiller (SAB.L) is buying Britain’s Meantime Brewing Company, swallowing up one of the pioneers of the country’s craft brewing movement to give the owner of big brands such as Peroni and Grolsch exposure to a fast-growing part of the drinks market. A surge in demand for […]

FCMB to support business growth

First City Monument Bank Limited says it will continue to support the growth of its customers’ business. The lender said to transform and position itself as a leading retail bank in Nigeria, it had inaugurated a new thematic campaign tagged, ‘A world of opportunity’. This, it said, followed the recent […]