Internet search company Google Inc will own a 5.94 percent stake in China’s Lenovo Group Ltd worth $750 million once Lenovo’s deal to buy Google’s Motorola handset division closes, according to a disclosure on the Hong Kong stock exchange. Google would take 618.3 million Lenovo shares at $1.213 per share, […]
Tag: stock exchange
Nigeria’s Oando falls for a second day on Ibori allegations
Shares in Nigerian oil company Oando fell by almost the 10 percent limit allowed on the local stock exchange for a second day following allegations by a British prosecutor about links to jailed former Nigerian oil state governor James Ibori. The energy company’s shares were down 9.37 percent at 9.14 […]
Index dips by 0.7% as 31 stocks lose
At the close of activities on Tuesday, equity trading on the Nigerian Stock Exchange continued on a negative note with indicators shedding marginally. The NSE’s All-Share Index fell by 0.7 per cent or 254.46 basis points to close at 36,113.13 points down from 31,367.59 points the preceding day. Similarly, the […]
