Capital Market

Nigerian Stocks Inches Up 0.15% after Weak Economic Data

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigerian stocks inched up slightly on Friday by 0.15 percent to close the week as weak economic data pointed to a lack of momentum in the economy, the nation’s inflation rose 8.7 percent in April 2015 (year-on-year), 0.2 percentage points which equals the highest rate recorded […]

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 […]