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The Next Gold Rush – Africa’s Major Stock Exchanges Are Gaining...

AFRICANGLOBE - Africa’s leading stock exchange has made a habit of outranking more prestigious bourses over the last few years. In 2012, for example, it was ranked first in auditing and reporting standards and the effectiveness of corporate boards and came in second in the protection of minority shareholders’ interests and the soundness of banks.

Foreign Investment In Nigeria’s Stock Exchange Hits $4.7 Billion

AFRICANGLOBE - Recent market-friendly reforms implemented by the exchange had positively impacted the stock market, making it the 2nd fastest-growing African bourse, at 33 percent and providing an attractive destination for investment seekers.

Nigerian Bourse Records Stellar Performance

AFRICANGLOBE - The Nigerian bourse continued its march towards new heights and outperformed other African markets by the end of July 2013.

Nigerian Oil Firm Seplat Seeks LSE, NSE Dual Listing

AFRICANGLOBE - In a bid to raise its financial capital-base, Nigerian indigenous oil company Seplat is seeking a dual listing on the London Stock exchange (LSE) and Nigerian Stock Exchange (NSE), following a trend amongst local oil firms.

Dangote Hailed As Catalyst Behind $31 Billion Market Cap Growth

AFRICANGLOBE - Africa’s richest man and president of the Nigerian Stock Exchange (NSE), Alhaji Aliko Dangote has been hailed as the force behind the record gains at the stock market over the past one year.

Dangote Hits U.S.$20 Billion Mark, Now 25th Richest in the World

AFRICANGLOBE - With his fortune, Dangote is richer than Russia's richest man, Alisher Usmanov, richer than India's Lakshmi Mittal and running neck and neck with India's Mukesh Ambani. He is also snapping on the heels of such Americans as Google's billionaire founders Larry Page and Sergey Brin.

Nigerian Oil Company Oando to Acquire Conoco Phillips Nigerian Business for...

AFRICANGLOBE - Nigeria’s leading indigenous energy group, Oando PLC, has announced its affiliate Oando Energy Resources (OER), which is listed on the Toronto bourse (TSX), has entered into agreements with ConocoPhillips (COP) to acquire its entire business interests in Nigeria for an estimated cash of $1.79 billion including customary adjustments.

Nigerian Stock Exchange Targets $1 Trillion Market Capitalization By 2016

AFRICANGLOBE - Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema has disclosed plans for the NSE to hit  $1 trillion...

GlaxoSmithKline to Invest $1Billion In Nigerian, Indian Businesses

AFRICANGLOBE - Britian’s largest drugmaker, GlaxoSmithKline Plc (GSK) has disclosed plans to invest $1 billion in its Nigerian and Indian units, in a bid...

Dangote Cement Leads Forbes Top 25 Listed Companies

Dangote Cement Plc has emerged Forbes Africa top 25 West African listed companies. The event titled, 'The Top Listed West African Companies" was a celebration...

Africa’s Richest Man Regains Control of Nigeria Securities Exchange

Africa's richest man business mongul, Alhaji Aliko Dangote, will tomorrow take over as the President of the Nigerian Stock Exchange (NSE), following the ruling...