Cisco Systems Inc’s quarterly results topped Wall Street views on Wednesday amid early signs tech spending was on the mend, but CEO John Chambers warned the picture was mixed and parts of Europe remained challenging. The company’s shares were down 1.7 pct in after hours trading after Cisco reported that […]
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AMCON obtains order to take over Babalakin’s properties
The raging war of attrition between the Asset Management Corporation of Nigeria and a businessman and lawyer, Dr. Wale Babalakin, over the recovery of an alleged N60bn debt owed by the latter’s companies has taken a new twist. While AMCON insisted on Wednesday that it had obtained a court order […]
Nigerian equities attractive to investors – RenCap
Renaissance Capital, a unit of the Russian investment bank, has said Nigerian equities market remains attractive to both local and institutional investors. The bank has, therefore, recommended that investors who want to record profits in their investments should consider increasing their holdings in the Nigerian equities. Rencap’s Chief Executive Officer, […]
