All posts by Afolabi Ogunde

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  Stock Market Appreciates as Bullish Sentiment Linger

  The Nigerian Stock Exchange All Share Index, led by the Banking and Breweries sectors appreciated by 1.02% to close at 20,581.30 in trading today. Nigeria Breweries gained a total of 4.39% today presumably as a result of...

  • Posted October 4, 2011
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  Delta State Completes 1st Tranche of 100 Billion Naira Bond Issuance program

  The Delta State Government has successfully launched a first tranche of N 50 Billion out of its N 100 Billion Bond Issuance Program. The bond offer for subscription which opened up on September 30 2011 was fully...

  • Posted October 4, 2011
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  Global Economy – Recession Fears Plummet Commodities

  Commodities recorded their biggest drop since year-end 2008 as a result of dull macro-economic data released from US, China and Euro-zone late last week.  According to Bloomberg, a measurement of Chinese manufacturing has shrank for the third...

  • Posted October 3, 2011
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  Nigeria Stock Exchange: Return of the Bulls

  After a dismal outing the first 9 months of the year, it now appears a series of fortunate events have conspired to return the Nigerian stock market to a more positive trend. In the last three trading...

  • Posted October 3, 2011
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