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Nigeria: 56 UK, Nigerian Companies Explore Opportunities in Shell-Sponsored Business Summit

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Posted by admin 12 hours ago (http://allafrica.com)
[This Day] A total of 100 delegates representing 56 companies from Nigeria and the United Kingdom at the weekend explored opportunities for collaboration at the annual Nigeria-UK Supplier Engagement programme organised by Shell Nigeria Exploration Company Ltd (SNEPCo) in conjunction with the United Kingdom Trade and Investment (UKTI).

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Nigeria: Equities Maintain Downward Trend With N313 Billion

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Posted by admin 12 hours ago (http://allafrica.com)
[Daily Trust] Lagos -Weak sentiments persisted on the Nigerian bourse as equities depreciate further this week to push the market capitalization N313 billion lower to N10.344 trillion even as NSE All Share Index lost 911.42 basis points or 2.93 per cent to close at 30,180.27.

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Nigeria: JSE Partnership With NSE Will Create Cross-Listing Opportunities - Oosthuyse

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Posted by admin 12 hours ago (http://allafrica.com)
[Independent (Lagos)] Donna Oosthuyse, Director, Capital Markets, The Johannesburg Stock Exchange (JSE), South Africa, has said that South African companies listed on the JSE can give investors indirect offshore exposure because of their operations abroad. In this interview with Business Editor, Sylvester Enoghase, she gives insights into how JSE plans to see cross-listings not just from Nigeria

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Kenya: KQ Stock Drops but Analysts Paint Positive Outlook

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Posted by admin 12 hours ago (http://allafrica.com)
[East African] The financial troubles facing Kenya's national carrier Kenya Airways saw the airline's stock on the Nairobi Securities Exchange (NSE) drop 9.52 per cent last Friday.

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Rwanda: Bralirwa Adjusts Figures After It Glitch

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Posted by admin 3 days ago (http://allafrica.com)
[Focus] A glitch in the IT system of brewing and soft drinks bottling company Bralirwa that led to overstatement of the company's profits for last year, 2014 has seen Bralirwa calling in auditors from parent company Heineken, and to a downward re-adjustment of profitability figures for 2014 - including adjustments of some stock values in the company's balance sheet.

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Angola: Angola - Bodiva Occupies 11th Place of African Stock Markets

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Posted by admin 3 days ago (http://allafrica.com)
[ANGOP] Luanda -The volume of transactions in the first two months (May to July) of the functioning of the Secondary Public Debt Market in the country stood at 237 million US dollars, a result that put Angola on the 11th place at n the African stock exchanges in first half of the year.

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Nigeria: SEC Moves to Tackle Unclaimed Dividend Issue in Capital Market

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Posted by admin 3 days ago (http://allafrica.com)
[Guardian] Efforts by the Securities and Exchange Commission (SEC) to tackle unclaimed dividend problems in the Nigerian capital market received a boost on Wednesday, with the launch of e-dividend payment platform.

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Nigeria: Alleged Infractions - BGL to Appear Before SEC Next Tuesday

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Posted by admin 3 days ago (http://allafrica.com)
[This Day] As part of efforts to finally resolve the investor complaints made against BGL Group Plc, the Securities and Exchange Commission (SEC) will listen to the defence of the market operator before taking final decision.

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