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All posts tagged "NSE"

  • Stock Exchange interim head completes term

    The interim administrator of the Nigerian Stock Exchange (NSE), Emmanuel Ikazoboh, counts his successes as his tenure ends today, while he hopes to continue as an Exchange council member. When Oscar Onyema, the new chief executive officer...

    • Posted April 29, 2011
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  • NSE: Ikazoboh, Stockbrokers Face-off Deepens

    The leadership crisis rocking the Nigerian Stock Exchange (NSE) took a different dimension last week on the trading floor of the Exchange when brokers refused to accept that the Interim Administrator, Mr. Emmanuel Ikazoboh, be introduced before...

    • Posted April 24, 2011
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  • Bank losses drag down indices by 1.2%

    Heavy losses recorded by banks’ shares, especially those of the rescued banks on Thursday, impacted negatively on trading activities on the Nigerian Stock Exchange. Specifically, the major market indicators shed 1.2 per cent each with the market...

    • Posted April 23, 2011
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  • Exchange row threatens market confidence

    The positive trading recently recorded at the Nigerian Stock Exchange (NSE) may be reversed following the quarrel between Ndi Okereke-Onyiuke, director general of the Exchange, and some aggrieved AP shareholders, some market operators have said. The exchange...

    • Posted April 23, 2011
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  • Profit Taking Hits Equities

    The Nigerian equities market retreated at the close of business Wednesday as anxious investors rush to take profit following seven days of continuous rally. The market had between Monday and Tuesday this week added a total of...

    • Posted April 21, 2011
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  • CBN Forex Supply Forces Demand to Drop

    Concerned that the violence,  which erupted after Saturday’s Presidential election may push up demand for foreign exchange in the country, the Central Bank of Nigeria (CBN) Wednesday increased its supply of foreign exchange at the Wholesale Dutch...

    • Posted April 21, 2011
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  • Capital market needs market makers

    The absence of market makers is stifling the growth and efficiency of the Nigerian capital market.     New chief executive officer of the Nigerian Stock Exchange (NSE), Oscar Onyema, has promised to reverse this trend by...

    • Posted April 21, 2011
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  • Market rebounds to N8 trillion

    The market capitalisation of equities at the Nigerian Stock Exchange, on Monday, rebounded to N8.086 trillion as investors scramble for Transcorp and banks’ stocks.   The market capitalisation had plunged middle of last month from the N8...

    • Posted April 19, 2011
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  • Brokers Fault Retention of Manu, Ikazoboh in NSE Council

    The Associationof  Stockbroking Houses of Nigeria (ASHON)  has petitioned the  Securities and Exchange Commission (SEC),  faulting the  decision to allow the Interim President of the Nigerian Stock Exchange (NSE),   Mallam  Ballama Manu and Interim Administrator of  the NSE, ...

    • Posted April 15, 2011
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  • Stockbrokers reject commission’s appointment of council members

    Just as calm seems to be returning to the capital market, a quiet war is brewing as stockbrokers have kicked against the decision of the Securities and Exchange Commission (SEC) to appoint members into the council of...

    • Posted April 15, 2011
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