Capital Market

Capital markets can solve SMEs’ funding challenges —Oteh

The Director-General, Securities and Exchange, Ms. Arunma Oteh, has said the search for a solution to the funding challenges faced by Small and Medium Enterprises will be successful if governments around the world turn to the capital market for such funds. The SEC DG said this on the sidelines of […]

Facebook wins EU approval for $19 billion WhatsApp bid

Reuters/Fri Oct 3, 2014 Facebook (FB.O), the world’s most popular social network, gained European Union clearance on Friday for its proposed $19 billion takeover of mobile messaging startup WhatsApp in a deal setting it against the telecoms industry. The landmark deal is the largest in Facebook’s 10-year history and will […]

Fitch Affirms Nigeria at ‘BB-‘; Outlook Stable

(Fitch Ratings released this statement on Nigeria on October 03, 2014) Fitch Ratings-London-03 October 2014: Fitch Ratings has affirmed Nigeria’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘BB-‘ and ‘BB’, respectively. The Outlooks are Stable. The issue ratings on Nigeria’s senior unsecured foreign currency bonds have been […]