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| Symbol |
Volume |
Value |
| ZENITHBANK |
71,965,228.00 |
1,148,080,000.00 |
| DIAMONDBNK |
38,330,659.00 |
337,441,000.00 |
| UBA |
28,883,180.00 |
388,500,000.00 |
| FIRSTBANK |
27,075,965.00 |
405,123,000.00 |
| FIDELITYBK |
15,535,713.00 |
42,140,700.00 |
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April 30, 2009 source: Nigeria Stock Market |
In one of my earlier articles, I said the systemic interest rates are likely to react positively to Government expenditures as the demand for money, which exceeded the money in supply pushed up the rates into the sky. There was a dramatic turnaround on Friday April 24, 2009 when the Federal Government released N441 billion statutory allocations into the system. The Nigerian Inter-bank Offering Rates (NIBOR) call rates dropped from 13.50% to 8.00% on the same day. |
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March 01, 2010 source: www.thisdayonline.com |
Leading food/ beverages manufacturing firm, Nestle Nigeria Plc yesterday announced a final dividend of N10.... |
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March 01, 2010 source: www.thisdayonline.com |
The stock market recorded a mixed performance yesterday, which was the last trading day of February 2010.... |
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February 12, 2010 source: www.thisdayonline.com |
The bulls regained control of the stock market yesterday after two days of playing the second fiddle to bears.... |
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| Up until last year, the Nigerian Capital Market had experienced significant growth. The total market capitalization had increased from N=760 Billion to over N=11 Trillion in only 8 years, with the index 5 times what it was in 2002. This growth has been checked in the last year, reflecting the global financial turmoil. |
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