Delta buys 49 percent of Virgin Atlantic for $360M; joint venture to boost Heathrow presence Delta Air Lines said it will buy almost half of Virgin Atlantic for $360 million as it seeks a bigger share of the lucrative New York-to-London travel market. Delta plans to form a joint venture […]
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Market rally deepens, index up by 0.6%
The rally in the equities segment of the Nigerian Stock Exchange, continued on Monday, with major indices closing positive. The market capitalisation of the listed equities gained N48bn or 0.6 per cent from N8.522tn last Friday, to close at N8.570tn. Similarly, the NSE’s All-Share Index was up by 150.37 basis […]
External Investors Set to Stake $6.2bn on Stock Market
There are indications foreign portfolio managers across the asset classes are lining up to commit funds to the African continent, with the Nigerian capital market primed to attract a major stake in the outlay. THISDAY findings revealed that the Nigerian capital market has been singled out as fertile ground for […]
