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Nasdaq platform speeds up Nigeria bourse-dealers

* Dealers say new system is efficient and transparent * Say switch to Nasdaq platform to increase trading volumes The Nigeria Stock Exchange’s adoption this week of the Nasdaq X-Stream trading platform has improved the speed of transactions, dealers said on Friday. Monday’s switch is expected to increase trading volumes […]

Nigeria ranks 120th out of 148 countries on the Global Competitiveness Index

Friday, October 04, 2013 8.28 AM / FDC Nigeria ranked 120th out of 148 countries on the Global Competitiveness Index (GCI) 2013-2014, representing a five-place drop from 115th position last year. With the ongoing efforts to diversify the economy from oil dependency, the increase in foreign direct investments, and continuous […]

NASD OTC market attracts more firms

More securities are set to be traded on the NASD Plc over-the-counter market as investors increasingly become aware of the benefits of the OTC market. The Chief Executive Officer, NASD OTC Plc, Mr. Bola Ajomale, said this in Lagos on Thursday while briefing journalists on the progress the market had […]