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All-Share Index Crosses 35,000 Marks in Five Years
- By ngozi amuche
- Published Monday 6th 2013
- StockWorld
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The Nigerian Stock Exchange (NSE) reported on Friday that its All-Share
Index crossed to 35,000 marks for the first time after the capital
market crashed in 2008.
The index appreciated by 606.95 points or 1.76 per cent to close at 35,109.33 on Friday from the 34,502.38 posted on Thursday.
The index appreciated by 606.95 points or 1.76 per cent to close at 35,109.33 on Friday from the 34,502.38 posted on Thursday.
Sec Bows to Pressure on E-dividend Saga
- By ngozi amuche
- Published Monday 6th 2013
- StockWorld
- Unrated
The Securities and Exchange Commission {SEC}has
indefinitely postponed the widely criticized e- dividend date of June 3,
2013, to give room for more enlightenment programme.
Equities gain N85.28bn in the week
- By Babajide Ajia
- Published Monday 10th 2012
- StockWorld
- Unrated
Equity transactions on the floor of the Nigerian Stock Exchange
(NSE) sustained moderate and cautious bargain drive to extend previous
week's gains; riding on value investing along with low-key speculative
trading last week.
Further analysis reveals improved risk appetite in the week when compared with previous week's posture as market breadth retuned to green zone in style - This could not be isolated from forbearance packaged announced by the Federal Government in the week.
Further analysis reveals improved risk appetite in the week when compared with previous week's posture as market breadth retuned to green zone in style - This could not be isolated from forbearance packaged announced by the Federal Government in the week.
Recapitalisation: Will it Make Stockbrokers More Effective?
- By Babajide Ajia
- Published Monday 19th 2012
- StockWorld
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Rating:




Arunma Oteh, CEO, SEC. |Oscar Onyema, CEO, NSE.
The idea of recapitalising broking firms in the country has been an issue for a while. But with the recent development, the Securities and Exchange Commission (SEC) is set to expedite action on the issue, writes JIDE AJIA.Multiple Taxation: A Threat on Stocks’ Investment
- By Udo Onyeka
- Published Monday 4th 2012
- StockWorld
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Oteh and Onyeama
Some shareholders in the Nigerian capital market have decried the
multiple taxation on their investments, saying it was one of the factors
affecting the low patronage the market is witnessing. They therefore,
called on the federal government to remove the 10 per cent withholding
tax charged on dividends.
Removal of CBN’s Autonomy, Danger to Financial System- Unegbu
- By Udo Onyeka
- Published Monday 4th 2012
- StockWorld
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Mr. Okechukwu Unegbu, managing director/chief executive officer,
Maxifund Investments and Securities Limited, has advised members of the
National Assembly not to remove the CBN’s autonomy.
FG to Release Stimulus Fund to Stockbrokers
- By Udo Onyeka
- Published Monday 4th 2012
- StockWorld
- Unrated
Dr. Ngozi Okonjo-Iweala, minister, finance has said the federal
government will release a forbearance or stimulus package to
stockbrokers as part of measures to stimulate confidence in the Nigerian
capital market and increase liquidity.
Nigerian Stock Exchange: Profitability Beckons?
- By Business World
- Published Tuesday 13th 2012
- StockWorld
- Unrated
The Nigerian Stock Exchange was not the only stock market that was
affected by the economic crash that has been obvious since 2006. Other
stock exchanges, especially Asian stocks, fell and headed for the first
two-day decline recently since January, while the yen strengthened and
treasuries rose after data from the U.S. and Europe signaled slowing
economic growth. In retreating European equity futures, the MSCI Asia
Pacific Index (MXAP) declined to 1.1 per cent as at last week
(Wednesday).


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