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Facebook in talks to buy Microsoft ad technology: reports

Facebook Inc is in negotiations with Microsoft Corp about acquiring advertising technology that could allow the social network displays ads on other websites, broadly expanding its advertising business, according to media reports on Thursday. Facebook is in “serious” discussions with Microsoft about a deal to purchase Atlas Solutions, an ad-serving […]

CIS deliberates on measures to sustain market recovery

The Chartered Institute of Stockbrokers has said that the sustenance of the recovery in the equities section of the Nigerian Stock Exchange is a major focus for 2013. According to the institute, stockbrokers have a duty to ensure that things are put in place to boost the Nigerian market and […]

Corruption responsible for high lending rate — Sanusi

The Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, has defended the high lending rate regime in the banking sector,  saying corruption is largely responsible for the development. The CBN, in performing its lender of last resort function, lends to Deposit Money Banks at an interest rate of 12 per […]