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Ghana: Local Companies to Benefit From New Eur 20 Million European Lending Programme With Unibank

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Posted by admin 10 days ago (http://allafrica.com)
[PR Newswire] Luxembourg -The European Investment Bank, the European Union's long-term lending institution, has agreed to provide EUR 10 million to uniBank Ghana to support investment by private business across Ghana that will be matched by uniBank to provide a total of EUR 20 million for local firms. The new lending programme will also help to further develop the financial sector in the country.

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Tanzania: Bank Carefully Watches Burundi

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Posted by admin 11 days ago (http://allafrica.com)
[Daily News] Arusha -AS violence in Burundi has erupts, CRDB Bank is moving in to ensure all its operations at Bujumbura are safe, while it shelves an earlier decision to float shares on the Nairobi Stock Exchange (NSE).

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Nigeria: Equities Market Grows By N11.174 Trillion in 30 Years

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Posted by admin 11 days ago (http://allafrica.com)
[This Day] The Nigerian equities market has recorded a highly impressive growth in the last 30 years despite its recent volatility, indicating that it has created many millionaires in the last three decades. The market grew by N11.174 trillion or 2,208 per cent in capitalisation between 1985 and last Friday. It rose from N506 billion in 2005 to N11.68 trillion. The Nigerian Stock Exchange (NSE) A

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Nigeria: Weak Sentiments Depress Stock Market Further

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Posted by admin 11 days ago (http://allafrica.com)
[This Day] Investors' hope of a possible rally was dashed last week as the Nigerian equities market closed the week in the red, declining by 0.92 per cent. Some stakeholders and investors had hoped that the huge rally witnessed in the last two days of the previous week would continue in the week under review. They had also expected that corporate earnings being declared by companies would lead to

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Nigeria: Nigerian Bond Yields Predicted to Fall On Low Supply

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Posted by admin 11 days ago (http://allafrica.com)
[This Day] The yields on Nigerian treasury bonds yields are expected to fall at a primary auction next week, due to a lower supply. The Debt Management Office (DMO) plans to sell N60 billion of 5, 10 and 20-year Treasury bonds next week, short of the usual N70 billion naira worth of bonds sold at the previous auction last month.

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Nigeria: 10 Top Brokers' Transactions Hit N129 Billion in April

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Posted by admin 11 days ago (http://allafrica.com)
[This Day] As capital market operators savour the euphoria of the modest improvement in performance indicators of the Nigerian Stock Exchange for the month of April, the NSE has put the total value of the 10 top stock-broking firms in the period at N128.609 billion, representing 61.90 per cent of the total transactions.

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Nigeria: Quoted Companies in Season of Lower Numbers

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Posted by admin 11 days ago (http://allafrica.com)
[This Day] The declining performance of few quoted firms which have so far made their first quarter results available to the Nigerian Stock Exchange has underscored the urgency of the need for private sector players to re-order their priorities, reports Festus Akanbi

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Kenya: Safaricom Results Drive Share Trade At NSE

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Posted by admin 13 days ago (http://allafrica.com)
[The Star] The Nairobi All Share edged 0.05 points lower to close at 171.47. The Nairobi NSE20 eased four points to close at 5070.75.

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