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Nigeria: Daar Communications Adopts IFRS, Declares Bonus for Shareholders

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Posted by admin 9 days ago (http://allafrica.com)
[Guardian]Abuja -NIGERIA'S first private radio and television group, Daar Communication Plc which has equally remained the only broadcast group to be quoted on the Nigerian Stock Exchange has announced full compliance with the provision of the new accounting reporting standard- the International Financial Reporting Standard ( IFRS) aimed at engendering sound financial management and corporate gov

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Nigeria: Investors Lose N989.8 Billion in 23 Days On the Exchange

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Posted by admin 9 days ago (http://allafrica.com)
[Guardian]EQUITY transactions on the Nigerian Stock Exchange continued on a downward note Monday, occasioned by price losses suffered by major bluechip companies, as investors lose N989.8b in 23 days on the Exchange

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Nigeria: London Stock Exchange, GTI to Partner On Capital Market Development

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Posted by admin 9 days ago (http://allafrica.com)
[This Day]The London Stock Exchange Group (LSEG) and GTI Capital Group have agreed to work together with the aim of deepening the nation's capital market capital. The understanding was reached when a team from LSEG visited GTI Group in Lagos recently. GTI Capital Group, one of the leading Nigerian investment banking firms. GTI is the first to establish aprivate securities trading floor.

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Nigeria: Capital Market Crash - NSE Defends Tight Regulation

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Posted by admin 9 days ago (http://allafrica.com)
[Vanguard]In a bid to prevent another crash of the Nigerian capital market, the Nigerian Stock Exchange, NSE, weekend said the regulators introduced tight regulatory regime which had led to increased investor confidence and recovery of some money lost by investors during the global financial meltdown.

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Rwanda: Bank of Kigali Records Rwf25.3 Billion At the Bourse

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Posted by admin 9 days ago (http://allafrica.com)
[New Times]Bank of Kigali shares were the most traded on the local bourse this year compared to the other listed firms, latest Rwanda Stock Exchange (RSE) figures for year-ended November indicate.

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Rwanda: EAX Signs Deal With Two Banks to Extend Loans to Farmers Co-Ops

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Posted by admin 9 days ago (http://allafrica.com)
[New Times]Grain farmers will soon be able to acquire loans at affordable rates after the East African Exchange (EAX) last week signed memoranda of understanding with Banque Populaire du Rwanda and Ecobank to fund organised farmers, Alfa Kadri, the commodities exchange boss, has said.

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Rwanda: Demand for Bank of Kigali Shares Soars

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Posted by admin 9 days ago (http://allafrica.com)
[New Times]Therehas been growing appetite for Bank of Kigali shares over the past weeks following the release of the bank's financial statement indicating a Rwf14.1 billion net profit for the year ending September 30, dealers said yesterday.

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Nigeria: NSE Market Cap Down N50.375 Billion

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Posted by admin 10 days ago (http://allafrica.com)
[Independent (Lagos)]Lagos -After a rebound on Friday, the equities market began the week on a negative note on Monday when major indicators, the market capitalisation and All-Share Index, depreciated by 0.46 per cent.

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