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Nigeria: Bulls Regain Market Control On Bargain Hunting

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Posted by admin 1 hour 4 minutes ago (http://allafrica.com)
[This Day]The bulls regained control of the stock market yesterday, pushing up the Nigerian Stock Exchange (NSE) All-Share Index (ASI) by 1.07 per cent to close at 41,812.14. The bulls, which returned after four days of a bearish trend, were attracted by gains recorded by bellwether stocks such as Dangote Cement Plc and Nigerian Breweries Plc among other blue-chips.

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Nigeria: Forte Oil Promises Improved Dividend, As NSE Index Rebounds

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Posted by admin 13 hours ago (http://allafrica.com)
[Daily Independent]Management of Forte Oil has stated that it is planning to achieve market dominance in the oil marketing sector through the expansion of retail infrastructure, commercial business and non fuel revenues to be able to pay increased dividend to its shareholders.

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Kenya: Mbaru to Chair Kenya Stockbrokers Forum

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Posted by admin 1 day 1 hour 4 minutes ago (http://allafrica.com)
[The Star]BUSINESSMAN Jimnah Mbaru is the new chairman of Kenya Association of Stockbrokers and Investment Banks.

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Africa: Opportunities for UK Oil and Gas Companies in Africa

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Posted by admin 1 day 1 hour 4 minutes ago (http://allafrica.com)
[PR Newswire]London -UKTI's event in Glasgow during the Commonwealth Games highlighted support available to help UK business access export opportunities in east and west Africa.

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Nigeria: NSE Market Capitalisation Dips By N3 Billion

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Posted by admin 1 day 13 hours ago (http://allafrica.com)
[Daily Independent]Transactions on the Nigerian Stock Exchange (NSE) reopened on Monday on a bearish trend with the market capitalisation depreciating marginally by N3 billion or 0.02 per cent.

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Nigeria: No Plans to List Our Shares for Trading - Etisalat MD

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Posted by admin 1 day 13 hours ago (http://allafrica.com)
[Daily Independent]The management of mobile telecommunications giant, Etisalat Nigeria says it has no immediate plans to list its shares for trading on the Nigerian Stock Exchange.

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Nigeria: Profit Taking Continues, As NSE Index Drops 0.02 Percent

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Posted by admin 1 day 13 hours ago (http://allafrica.com)
[Daily Independent]Lagos -For the fourth trading day in a roll, profit takers continued their hold of trading on the floor of The Nigerian Stock Exchange on Monday when both indicators closed in the red as they declined by 0.02 per cent apiece.

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Nigeria: Weekly Report - Stock Market Sheds Weight

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Posted by admin 2 days ago (http://allafrica.com)
[Guardian]THE weekly data released by the Nigeria Stock Exchange on Friday showed that a turnover of 1.367 billion shares worth N13.295 billion in 23,973 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.430 billion shares valued at N20.185 billion that exchanged hands last week in 26,289 deals.

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