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    Low liquidity Biggest Challenge Facing Stockbrokers – Abe

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    Mr. Oluwaseyi Abe is the president of Chartered Institute of Stockbrokers (CIS). In this interview with OLUSHOLA BELLO, he speaks on security of investors’ funds at the stock market, and, efforts by stockbrokers, capital market regulators and government, to reposition the Nigerian capital market. How can you access capital market performance for 2016? The Nigerian…

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    Dangote Cement, GTB, Total Lift Stocks Trading By N114bn

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    The Nigerian stock market has reversed the negative trend to start the week yesterday on a positive note. Summary of trading showed the lead indicator, the All-Share Index (ASI) appreciated by 328.83 absolute points, representing a gain of 1.25 per cent to close at 26,580.22 points. Similarly, the market capitalization gained N114 billion to close…

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    Dangote Flour Emerges Best Performing Stock In 2016

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    Dangote Flour Mill (DFM) Plc has emerged the best performing stock in 2016 in percentage terms having gained by 276.11 per cent. Statistics obtained from the Nigerian Stock Exchange (NSE) for the period showed the stock opened the year 2016 at N1.13 and appreciated by 276.11 per cent to close trading at N4.65 per share….

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    Stock Market Depreciates By N214bn In Opening Week

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    For the first four consequent trading days of the year, the Nigerian stock market experienced a free fall as investors lost N214 billion. In summary, the NSE-ASI shed 623.23 absolute points or 2.32 per cent to close at 26,251.39 points, last week. Similarly, the market capitalisation depreciated by N214 billion to close at N9.032 trillion….

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    2017: Experts Chart Ways To Economic Recovery

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    …. GDP to grow by 1.2 per cent …Inflation may slide to 15 per cent Financial analysts have expressed optimism that the country’s economy would experience increased activities in 2017 if innovative macroeconomic policies are deployed by the government. Managing director and chief executive of Financial Derivatives Company Limited, Bismarck Rewane foresees the economy picking…

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    ‘Huge Investments In Agriculture, Infrastructure Panacea For Recession’

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    Economic analysts have urged the federal government not to relent in its determination to formulate policies that will boost the agriculture sector and ensure massive investment in infrastructure, if the country is desirous of exiting recession this year. In chats with LEADERSHIP, the analysts commended the federal government’s efforts in making the agricultural sector of…

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    Dangote Foresees Economy Rebound Soon

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    Business guru and Africa’s richest man, Aliko Dangote has expressed optimism in the rapid economic recovery for Nigeria saying despite the downturn, the country would come out of it stronger as a self-reliant economic power house. Addressing a group of small and medium enterprises operators in Lagos  who met with him in Lagos during the…

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    Citing Recession, Change In Priority, Organisations Ditch Yuletide Decorations

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    The usual glamorous sight of beautiful and colourful decorations of buildings and offices by corporate organisations and government agencies during Christmas and New Year celebrations are missing this year across the country, due to economic challenges in the country and change in priority, among others, by organisations. In Abuja for instance, unlike previous years when…

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