Capital Market

Nigeria’s Equities Market Shrinks 0.08% to End Week

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Friday shrunk to 0.08 percent to close the week at 41,532.31 basis points (BPS) compared with 0.58 percent appreciation recorded previously; making its Year-to-Date (YTD) returns currently standing at 0.47 percent. Similarly, market capitalisation depreciated by 0.08 percent to close N13.714 […]

Deutsche Telekom Said Open to T-Mobile Talks at $35/Share

Deutsche Telekom AG (DTE) is willing to negotiate a sale of its T-Mobile US Inc. (TMUS) unit, the fourth-largest wireless carrier in the U.S., if an offer values the business at $35 a share or more, according to a person with knowledge of the matter. The stock jumped. Senior managers […]

Dante Martins Exits NSE

By InvestAdvocate Lagos (INVESTADVOCATE)-Dante Ibidapo Martins, seniour manager/corporate communications at the Nigerian Stock exchange (NSE) is exiting the Nigerian bourse. Martins in an e-mail sent to InvestAdvocate said we are at the closing stages of summer 2014 and it is time for change and new endeavours. According to him tomorrow […]