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Zimbabwe: ZSE to Remain Subdued This Year

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Posted by admin 9 days ago (http://allafrica.com)
[Zimbabwe Independent]The Zimbabwe Stock Exchange's (ZSE) performance this year is expected to remain subdued on the back of liquidity constraints, and faltering industry capacity utilisation, as escalating economic headwinds and waning government revenue continue to hamper sustainable economic recovery.

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Nigeria: NASD OTC Hits N2.3 Billion Transactions

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Posted by admin 10 days ago (http://allafrica.com)
[Guardian]THE National Association of Securities Dealers [NASD] Plc, which is the platform for the trading of unlisted securities in the over-the-counter (OTC) has declared total market capitalisation of ₦590 billion, with a nominal value of ₦41 billion as at 31 December, 2014. Total number of issued shares that can trade on the market is therefore 83 billion shares.

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Nigeria: United Capital Launches Economy and Financial Markets Report

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Posted by admin 10 days ago (http://allafrica.com)
[This Day]Investors and operators looking for economic and financial data to make investment decisions now have a new source as United Capital Plc (formerly UBA Capital Plc), has released its 'Nigerian Economy and Financial Markets 2015 report.

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Nigeria: Stockbrokers Decry Foreign Investors' Dominance of Nigerian Market

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Posted by admin 10 days ago (http://allafrica.com)
[Premium Times]Stockbrokers on Wednesday voiced their concerns over the dominance of the Nigerian stock market by foreign investors, saying this would hardly promote the interest of the country's economy.

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Zimbabwe: Something Must Give for ZSE in 2015

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Posted by admin 10 days ago (http://allafrica.com)
[The Herald]A false start to the year proved to be a precursor for what would turn out to be worst year in 20 years of equity trading in Zimbabwe on an adjusted basis. The mainstream index fell - 13 percent in the first quarter gradually shedding - 19.8 percent as at year end.

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Nigeria: NASD OTC Facilitates N2.3 Billion Transactions

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Posted by admin 11 days ago (http://allafrica.com)
[This Day]NASD Plc, which is the platform for the trading of unlisted securities in the over-the-counter (OTC) market traded shares worth N2.32 billion in 2014. Reviewing the performance of the market on Tuesday in Lagos, Managing Director of NASD Plc, Mr. Bola Ajomale, said trading in the market had continued to grow as more investors realised that they could trade their securities not yet liste

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Nigeria: Shareholders Protest Seplat's Directive on Domiciliary Account for Dividends

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Posted by admin 11 days ago (http://allafrica.com)
[This Day]Nigerian shareholders who invested in Seplat Petroleum Development Company Plc's offer last year have vowed to resist what they described as unacceptable directive by the company that they open a domiciliary account with Nigerian banks before they can get their dividends.

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Nigeria: Companies Need Not Build Data Centres - Rack Centre Boss

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Posted by admin 11 days ago (http://allafrica.com)
[Vanguard]The term 'data centre' is not a popular one in the technology vocabulary of the average Nigerian. But for every bank account being maintained, every surveillance video captured, and every piece of data that large organisations need to store securely, the use of data centres is not only ubiquitous but an indispensable part of any IT industry.

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