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 […]
Capital Market
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 […]
Bears Return to Nigerian Bourse as Benchmark Index Rise 0.70% to End Week
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Bears returned to the Nigerian bourse on Thursday and Friday as all-share index (ASI) and market capitalisation rose 0.70 percent to close the week at 41,103.94 and N13.572 trillion respectively ahead of Muslim holidays. The Nigerian Stock Exchange (NSE) weekly stock market report in the […]

