Capital Market

Nigerian Equities Market Begins Week on Positive Note, as Benchmark Index up 0.70%

By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday started the week on a positive note as benchmark index climbed up 0.70 percent on Monday to close at 41,105.38 basis points compared with the gain of 0.10 percent recorded the previous session. The nation’s equities market Year-to-Date (Y-t-D) returns now […]

Oteh Re-elected AMERC Chair

…promises better representation Press Release/Sept; 29, 2014/SEC Nigeria Director General, Securities and Exchange Commission (SEC), Arunma Oteh has been unanimously returned un-opposed as chairperson of the African/Middle East Regional Committee (AMERC) at the 39th annual conference of the International Organisation of Securities Commissions (IOSCO) currently taking place in Rio de […]

Lenovo says $2.1 billion IBM x86 server deal to close on Wednesday

Mon Sep 29, 2014/Reuters Lenovo Group Ltd (0992.HK) will close its acquisition of International Business Machines Corp’s (IBM) (IBM.N) x86 server division on Oct 1 for $2.1 billion, giving the Chinese tech firm the firepower to win business clients from U.S. rivals. The closing purchase price is lower than the […]