All posts tagged "NSE"

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  Nigerian Stock Exchange Watch: Market Cap Sheds N72 Billion

  The market fell for the second consecutive day due to the activities of profit-takers, compounded with huge losses in blue chip, highly capitalized stocks such as Nigerian Breweries (-4.99%) and First Bank (-5%). The All Share Index...

  • Posted February 28, 2012
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  Nigerian Stock Market Watch: Market Up 0.14%, Banking Stocks offer Tremendous Upside

  Although it was a close call, the bears won the tug of war in the banking sub-sector beating the bulls (6 losers to 5 gainers). Banking stocks in the green today included UBA Plc (+4.76%) which continues...

  • Posted February 20, 2012
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  NSE Lobbies AMCON, FG on Margin Loans Debt Relief for Brokers

  At a recent conference on the 2011 Market Review and 2012 Outlook of the Nigerian Capital Markets, the CEO of the Nigerian Stock Exchange, Oscar Onyeama disclosed that the Exchange was seeking relief for stock brokers who...

  • Posted January 24, 2012
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  Nigerian Stock Exchange Watch: Market Retreats Marginally

  The Nigerian Stock Exchange retreated from its gains yesterday as the All Share Index declined by 0.35%. The Index closed at 20,997.88, driven by a bearish outing from the breweries sub-sector. Guinness and Nigerian Breweries shed 3.19%...

  • Posted January 18, 2012
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  Stock Market Watch: Hurrahs as the market climbs over 20,000 threshold

  The Nigerian Stock Market closed the week on a very bullish note, in what is hopefully a sign of things to come for the hitherto battered market. The All Share Index inched up 1% or 100 basis...

  • Posted December 16, 2011
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  Reps To Compel Telecoms, Oil Firms To List On Nigerian Stock Exchange

  The House of Representative is considering a legislation that will compel the Nigerian National Petroleum Corporation (NNPC), International Oil Companies (IOCs) including Chevron and Shell to be listed on the Nigerian Stock Exchange (NSE). The bill would...

  • Posted November 29, 2011
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  Why can’t Nigeria compel MTN, GLO, Shell to list in Stock Exchange? – Sanusi

  The Central Bank of Nigeria (CBN) Governor, Lamido Sanusi has said multinational companies in the country must be compelled to list on the Nigeria Stock Exchange (NSE), so as to contribute to the nation’s economic growth. Speaking...

  • Posted November 13, 2011
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  Nigerian Breweries Reports 3Q Earnings, Calls Nweke Jr To Board

  Nigerian Breweries, one of the most capitalized company’s on the Nigerian Stock Exchange, released its 3Q figures today reporting a net profit of N 24.8 Billion, an increase of 17.5% over the 3Q 2010 period. Revenue was...

  • Posted October 20, 2011
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  Nigeria Stock Exchange declines by 0.91%

  The Nigerian Stock Exchange put on a bearish performance today shedding a total of 0.91%. Profit takers cashing in on gains of previous trading days drove the market into the red. Most of the top tier banks...

  • Posted October 6, 2011
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  Afribank, Bank PHB, Spring Bank Delisted From Stock Exchange

  Afribank Plc, Bank PHB Plc (PLATINUM) and Spring Bank Plc (SPRINGBK), lenders that Nigeria nationalized last month, were delisted from the country’s bourse on Aug. 5, the Lagos- based stock exchange said in a statement on its website today....

  • Posted September 6, 2011
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