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Nigeria: Trading Close Lower On NSE

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Posted by admin 11 days ago (http://allafrica.com)
[Leadership]Trading activities on the Nigerian Stock Exchange (NSE) closed Tuesday on a downward note as the market capitalisation depreciated by 1.14 per cent.

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Zambia: Finance Bank Was Sold At True Value of U.S.$5 Million in 2011

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Posted by admin 11 days ago (http://allafrica.com)
[Zambia Reports]A newly leaked document sheds fresh light on one of Zambia's most infamous financial scandals in recent years, showing that the previous government's seizure and subsequent sale of Finance Bank Zambia Limited (FBZL) to First Rand Bank of South Africa in 2011 was actually valued above the bank's true worth.

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Kenya: Safaricom Records Sparkling Performance

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Posted by admin 11 days ago (http://allafrica.com)
[The Star]The Nairobi All Share surged +1.672% to close at 164.76. Safaricom lifted the All Share rallying +6.137%. The Nairobi NSE20 firmed 16.08 points to close at 5138.07 Equity Turnover remains sub par and clocked 310.114m.

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Nigeria: Five Companies Account for 51 Percent Transactions On NSE in 2014

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Posted by admin 11 days ago (http://allafrica.com)
[Vanguard]As the management of the Nigerian Stock Exchange (NSE) presents the score card of the stock market for 2014 today, data obtained from the exchange had shown that five top stocbroking firms accounted for 51 percent equity transactions valued N1.362 trillion during the period.

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Nigeria: NSE to Woo Diaspora As Local Investors Shun Market

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Posted by admin 11 days ago (http://allafrica.com)
[Daily Trust]Lagos -The Nigerian Stock Exchange (NSE) in its efforts to change the current fortune of the equity market has concluded plans to organize its first investor forum for Nigerian Diaspora.

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Nigeria: Why Oteh's Tenure As SEC DG Was Not Extended

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Posted by admin 11 days ago (http://allafrica.com)
[This Day]Facts have emerged as to why President Goodluck Jonathan rejected a request to extend the tenure of Ms. Arunma Oteh as the Director General of the Securities and Exchange Commission (SEC).

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Kenya: Centum Shares Edge Higher On Back of Coal Ruling

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Posted by admin 11 days ago (http://allafrica.com)
[Capital FM]Nairobi -Centum Investment stocks edged up 4.8 percent to Sh65.5 from Sh62.5 in Tuesday's trading at the Nairobi Securities Exchange (NSE).

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Nigeria: New Markets for Nigeria's Oil

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Posted by admin 11 days ago (http://allafrica.com)
[Guardian]FEDERAL Government of Nigeria's plan to search for new markets for its crude oil is a disturbing reminder of its tardiness in responding to issues affecting national wellbeing. The move is obviously a response to the decision of the United States (U.S.) to stop buying Nigeria's crude oil and the downhill course of the global prices of the product. The question this development has right

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