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Nigeria: NSE Index Drops 0.11 Per Cent

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Posted by admin 12 days ago (http://allafrica.com)
[Daily Independent]Lagos -Market fluctuation that has pervaded the equities market yesterday continued as the bears struggled to deplete market activities after a day's gain in the local bourse following 0.11 per cent drop in both market performance indices.

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Nigeria: Onyema - NSE Poised to Developing Transparent, Liquid Stock Market

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Posted by admin 13 days ago (http://allafrica.com)
[This Day]The Chief Executive Officer of the Nigerian Stock Exchange, Oscar Onyema has stated that all of the initiatives his management has put in place in the transformation of the NSE were aimed at developing a more transparent, liquid and accessible market with a modern market structure to support the delivery of a wider range of investment products.

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Nigeria: SEC Approves Merger of Three Firms

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Posted by admin 13 days ago (http://allafrica.com)
[Guardian]THE Securities and Exchange Commission (SEC) has given its formal approval to the merger of Planet Capital Limited, Strategy & Arbitrage Limited, and Emerging Capital Limited.

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Nigeria: Equities Sustain Unsteady Profile as NSE-Asi Returns to Green Zone

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Posted by admin 13 days ago (http://allafrica.com)
[Guardian]THE equities market closed Wednesday on a positive note, as Nigerian Stock Exchange [NSE] All Share Index[ASI] appreciated by 0.20 per cent to close at 40,729.49 basis points, compared with the 0.30 per cent depreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at 1.45 per cent.

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Nigeria: Govt Targets 250 Local Software Companies in Two Years

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Posted by admin 13 days ago (http://allafrica.com)
[This Day]Worried about low patronage of locally developed software by Nigerians and foreign investors that are operating in Nigeria, the federal government is planning to groom 250 local software companies that will begin to develop local software that are of international standard. . Minister of Communications Technology, Mrs. Omobola Johnson, who made the disclosure to THISDAY said, there are

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Nigeria: NSE Market Cap Recovers N26.8 Billion

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Posted by admin 13 days ago (http://allafrica.com)
[Daily Independent]Lagos -After a day of profit taking, the bull returned on the floor of The Nigerian Stock Exchange on Wednesday as both indicators closed on the positive trajectory as activities on the shares of Dangote Cement and Lafarge Cement WAPCO boosted the momentum for the bulls to return

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Kenya: Brokers Set to Undergo Mandatory Good Conduct Test

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Posted by admin 13 days ago (http://allafrica.com)
[The Star]TRADERS at the Nairobi Securities Exchange will undergo a mandatory integrity certification programme.

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Zimbabwe: Unpacking Colcom's Success Story

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Posted by admin 13 days ago (http://allafrica.com)
[The Herald]What a depressing reporting season it has been so far following a series of poor financial results by most companies. Given the challenges in the economy, various companies have fared poorly and there is a visible struggle for survival. Earlier this year, Delta, the biggest company on the Zimbabwe Stock Exchange by market capitalisation, released depressed financials for the full year

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