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All posts by BusinessNews Staff

  • Market Cap gains N55billion on Wednesday

    The bullish trend continued on resumption of trading Wednesday on the floor of the Nigerian Stock Exchange, NSE, after the independence holiday with the market capitalisation of the listed entity gaining N55 billion or 0.47 percent to...

    • Posted October 3, 2013
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  • PENGASSAN laments dangers of oil theft in the Niger Delta

    Stakeholders in the oil sector have continued to raise alarm over the increasing rate of oil theft in the country. The Public Relations Officer of Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, Chika Onuegbu...

    • Posted October 2, 2013
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  • Investment protection sacrosanct to market growth – SEC

    Nigeria’s Securities and Exchange Commission, SEC, has emphasised the need for investment protection in the domestic market towards achieving a world class capital market. To this end, the commission has restated its commitment to the protection of...

    • Posted October 2, 2013
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  • CBN bans importation of foreign currency

    The Central Bank of Nigeria (CBN) has banned the importation of all foreign currencies except with approval. This was contained in a statement signed by CBN Director of Corporate Communications, Mr Ugo Okoroafor, on Tuesday in Abuja....

    • Posted October 2, 2013
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  • SEC Nigeria wins 2013 ‘Most Innovative Capital Markets Regulator’ award

    The Securities and Exchange Commission, SEC, Nigeria has won the 2013 edition of the prestigious Africa Index Series Award for the category of the continent’s “Most innovative Capital Markets Regulator”. The apex regulator of the capital market...

    • Posted October 1, 2013
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  • CBN sensitizes Onitsha traders on cashless policy

    Traders in Onitsha Main Market were on Tuesday tutored by the Central Bank of Nigeria(CBN) on the bank’s cashless policy which took effect in Anambra State on 1st October. Stakeholders in the market drawn from its leadership...

    • Posted October 1, 2013
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  • Airtel in conjunction with Slopho offers you a chance to Represent Naija and win a phone

    Here is something to celebrate the Nigerian Independence. Airtel Nigeria, in conjunction with Slopho, is running an online fashion competition that would involve you representing your culture. All they are looking for is your fashion innovation and...

    • Posted October 1, 2013
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  • NSE begins trading on X-Gen platform

    The Nigerian Stock Exchange, NSE, has announced the commencement of trading on the X-Gen platform. A statement from the Exchange indicated that the roll out of the X-Gen which is seen as the potentially fastest trading platform...

    • Posted October 1, 2013
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  • Investors trade 279.16million shares on Monday

    Transactions on the floor of the Nigerian Stock Exchange, NSE, ended Monday with investors trading 279.16 million shares valued at N3.04 billion in 3,310 deals. This was in contrast to the 269.89 million shares valued at N1.73...

    • Posted September 30, 2013
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  • NSE All-Share index rises by 0.69% in one wee

    The NSE All-Share Index rose by 248.26 points or 0.69 percent to close last Friday at 36,436.98 as against the 36,188.72 basis points closing figure that was recorded a week earlier. In the same vein, the market...

    • Posted September 30, 2013
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