Capital Market

Bob Diamond in talks to buy stake in Nigeria’s Union Bank-source

* Atlas Mara has to make decision by Sunday * UBN formerly owned by Barclays Atlas Mara, the African investment vehicle of former Barclays boss Bob Diamond, is in talks to buy a $275 million stake in Union Bank of Nigeria , a person familiar with the matter said on […]

Johannesburg Stock Exchange Emerge World Best Regulated, NSE 65th -WEF Report

 Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-South Africa’s Johannesburg Stock Exchange (JSE) has ranked first among 144 nations as the most effective  regulated and supervised equities and bonds market; beating the Nigerian Stock Exchange (NSE) to the 65th position, the World Economic Forum (WEF) said in its Global Competitiveness Report 2014-2015. The […]

IHS Said to Pay About $2 Billion for MTN Towers in Nigeria

IHS Holding Ltd., Africa’s largest independent phone tower company, agreed to buy 9,151 Nigerian towers from MTN Group Ltd. (MTN) in a deal valued at about $2 billion, according to two people familiar with the transaction. The people asked not to be named because the financial terms are confidential. The […]