October 12, 2016/InvestmentOne Research Following two consecutive sessions of gains, the equities market declined today, falling -0.03% to 28,027.23pts. The negative close was largely driven by the declines in NESTLE (-45pts), WAPCO (-19pts) and DANGSUGAR (-7pts). These performances offset the gains in GUINNESS (+17pts) and Banking names; UBA (+14pts) and […]
Updates
Deutsche Bank to pay $9.5 million penalty over research info: SEC
October 12, 2016/Reuters By Sarah N. Lynch | WASHINGTON Deutsche Bank will pay a $9.5 million penalty to settle civil charges that it failed to properly safeguard material non-public information generated by its research analysts and publishing an improper research report, U.S. regulators said Wednesday. The Securities and Exchange Commission […]
Nigeria mining ministry in talks over $500 million fund and corporate bonds
October 12, 2016/Reuters By Alexis Akwagyiram and Felix Onuah | ABUJA Nigeria’s government is in advanced talks with its sovereign wealth fund and stock exchange to create a $500 million exploration fund and corporate mining bonds to attract investment, its mining minister said. Kayode Fayemi also told Reuters Nigeria had […]
