March 3, 2016/Cordros Research The domestic bourse delivered a rebound (+2.74% m/m) from January’s 16.50% disappointing loss. The gain was spurred majorly by bargain hunting, amid dividend and earnings expectation ahead of FY’15 earnings releases. The market’s positive performance came despite persistent pressure on the price of oil – and […]
Updates
Deutsche Boerse CEO touts benefits of LSE merger
Wed Mar 2, 2016/Reuters Deutsche Boerse (DB1Gn.DE) sees the Frankfurt exchange and customers benefiting strongly should the German exchange operator merge with the London Stock Exchange (LSE.L), Deutsche Boerse’s chief executive said on Wednesday. The array of trading and services on offer in Frankfurt and London would not become more […]
Nigeria to start new talks on $3.9 billion MTN fine ‘very soon’: minister
Wed Mar 2, 2016/Reuters By Alexis Akwagyiram Nigeria will start new talks with South African mobile phone operator MTN “very soon” to settle a dispute over a $3.9 billion fine but the final decision rests with President Muhammadu Buhari, the communications minister said. Last week, MTN said it had withdrawn […]
