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| Symbol |
Volume |
Value |
| ASOSAVINGS |
16,883,108.00 |
11,229,600.00 |
| SKYEBANK |
13,316,942.00 |
97,465,700.00 |
| FIRSTBANK |
10,939,708.00 |
161,580,000.00 |
| GTASSURE |
9,208,900.00 |
19,862,300.00 |
| ACCESS |
8,992,500.00 |
78,061,500.00 |
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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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February 08, 2010 source: www.thisdayonline.com |
The bulls consolidated their hold on the stock market yesterday lifting the bench market index, the Nigerian Stock Exchange (NSE) All-Share Index by a record 2.... |
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February 08, 2010 source: www.thisdayonline.com |
The Board of Directors of Nestle Nigeria Plc will next week Friday meet to decide the final dividend payable to the shareholders for the year ended December 31, 2009.... |
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February 08, 2010 source: www.thisdayonline.com |
Nigerian Stock Exchange (NSE) All-Share Index hit 23,096.... |
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February 08, 2010 source: www.thisdayonline.com |
Nigerian equities have recouped N301bn, while the benchmark index has soared by 5.... |
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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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