Capital Market

NSE to Implement Market Surveillance Tool

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian stock exchange (NSE) Thursday announced it plans to implement a state-of-the-art real-time Market Surveillance tool in 2014. Following this, the NSE says it’s seeking Expressions of Interest (“EOI”) from duly registered and licensed companies for the provision of a state-of-the-art real-time Market Surveillance […]

Comcast to buy Time Warner Cable for $45.2 billion: sources

Comcast Corp CMSCA.O is buying Time Warner Cable Inc (TWC.N) for $45.2 billion in an all-stock deal, combining the nation’s two largest cable operators, according to people familiar with the matter. The friendly takeover comes as a surprise after months of public pursuit of Time Warner Cable by smaller rival […]

Lloyds Posts Fourth Consecutive Loss on PPI Compensation Costs

Lloyds Banking Group Plc (LLOY), Britain’s biggest mortgage lender, posted its fourth consecutive annual loss after earmarking 3.5 billion pounds ($5.8 billion) to compensate clients wrongly sold loan insurance and swaps. The net loss narrowed to 838 million pounds for 2013 from 1.43 billion pounds in 2012, the London-based bank […]