June 28, 2016/Proshare Hon. Justice Jude Kanyioh Dagat of the Federal High Court of Lagos, yesterday struck out Ecobank Nigeria’s petitions against Honeywell Group Limited and Anchorage Leisures Limited for abuse of court process and displaying bad faith. The business of the court today, 27th June, 2016 was to hear […]
Updates
Old Mutual says could dual-list wealth, emerging markets units
Tue Jun 28, 2016/Reuters By Noor Zainab Hussain and Carolyn Cohn Old Mutual said on Tuesday its preferred option after splitting into four would be to have two of the new companies listed on both the London and Johannesburg stock exchanges. The Anglo-South African company expects to complete its restructuring […]
Nigeria’s Central Bank Sells FX, Naira Eases Against Dollar
June 27, 2016/Reuters Nigeria’s central bank asked for bid-offer quotes from currency traders on Monday as it sold dollars on the interbank market to boost liquidity, traders said. The naira NGN=D1 ended at 282 to the dollar after the central bank’s intervention, slightly weaker than Friday’s close of 281. After […]
