The Editorial Team |

Nigerian Breaking news : Senate officially release names of ministerial nominees

The names announced ministerial nominees read out by the Senate President are: 1. Rotimi Amaechi 2. Babatunde Fashola 3. Adebayo Shittu 4. Audu Ogbeh5. Kayode Fayemi6. Chris Ngige 7. Amina Ibrahim 8. Kemi Adeosun9. Lai Mohammed 10.Ogbonnaya Onu11. Ibe Kachikwu12.Aisha Alhassan 13. Hadi Sirika14. Udo Udoma15. Solomon Dalong16. Ibrahim Usman Jubril17. Ahmed Musa Ibeto18. Suleiman Adamu19. Abubakar Malami20. Abdulrahman Dambazzau 21. Osagie Ehanire

IPP Office’s Karén Breytenbach to participate at 9th Powering Africa: Finance Options meeting next month at the Vineyard Hotel, Cape Town

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Following the overwhelming success of the South Africa: Gas Options (SA:GO) meeting in Cape Town last week – which welcomed over 300 investors to learn about South Africa’s Gas IPP programme – Karén Breytenbach and the IPP Office team will attend Powering Africa: Finance Options meeting (PA:FO) in Cape Town from 5-6th November to explore some of the potential financing bottlenecks which could arise in the gas programme. The potential of the Gas IPP and…

Nigerian Equity Markets | 05 Oct 2015: Nigerian Equities in Red, All Share index 0.6% lower

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Lagos, Nigeria, Capital Markets in Africa — The Nigerian All Share Index (ASI) dipped 0.6 percent on the first trading day of the week to 30,405.88 points as a result of drags the equity market capitalization to NGN 10.45 trillion relative to NGN 10.51 recorded at the previous trading session, hence a lose of NGN 60 billion. Furthermore, NSE 30 index ended at 1,388.83 levels after gaining 0.45 percent, NSE Premium added 1.20 percent to…

Tanzania Equity Markets | 05 Oct 2015: Tanzania Equity back to Positive zone, adds US$120 Million …

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DAR ES SALAAM Tanzania, Capital Markets in Africa — Tanzania Dar es Salaam Stock Exchange equity market started in the green zone at the end of Monday trading session. Therefore, the equity market capitalization lost TZS 259 billion (about US$120 million) to end at TZS 22,047 billion relative to market capitalization of TZS 21,788 billion recorded at previous trading session. The Dar es Salaam Stock Exchange index (DSEI) gained 29.74 points or 1.20 percent to end…

South Africa Equity Markets | 05 Oct 2015: JSE All Share ended 2.19% higher with gains across the board

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JOHANNESBURG, South Africa, Capital Markets in Africa — Johannesburg Stock Exchange (JSE) All Share index ended 21.9 percent or 1,115.42 points higher to close at 52,071.31 points. The JSE Top 40 index also added 1,024.91 points or 2.24 percent to end at 46,693.26 points. The JSE financial sector index surged by 2.06 percent to end at 44,366.64 points. Both Industrial and industrial 25 sector indexes higher by 2.25 percent to close at 77,533.35 points and added 2.33 percent to settle at 69,731.44…

Cote D’Ivoire Equity Markets | 05 Oct 2015: BRVM Stock Trading Opens on Higher Note, Investors gain US$20 Mill …

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Abidjan, Cote d’Ivoire, Capital Markets in Africa — BRVM (The Regional Stock Exchange of eight West Africa) closed its trading session this Monday higher than the previous day. BRVM 10 index rose from 303.62 to 303.67 points, a gain of 0.02 percent. BRVM Composite index gained 0.16 percent at 302.17 points against 301.70 points previously. The equity market capitalization gained almost XOF 12 billion (about US$20 million) to close at XOF 7,456 billion relative to previous trading sessions’ market…

Kenya Equity Markets | 05 Oct 2015: Kenya Equity in Mixed Feelings, All Shares 0.18% up, NSE 20 index 0.18% down …

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Nairobi, Kenya Capital Markets in Africa — The Kenya equity markets ends in mixed sentiments, the equity markets capitalization closed at KES 2,017 billion after gaining KES 3.67 billion (c.US$35 million) or 0.18 percent from the market capitalization of KES 2,014 billion recorded at previous trading session. The Nairobi All Share Index rose by 0.18 percent or 0.26 points to end at 143.42 points but the Nairobi Securities Exchange (NSE20) index fell by 25.24 points or 0.61 percent…

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