Tag: Reuters

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 […]

Plane crash near Lagos airport kills 15

* Air disasters common in Africa’s 2nd biggest economy * Dana Air crash last year killed 163 * Family was on way to funeral with coffin – reports Fifteen people were killed when an Embraer passenger plane crashed shortly after take-off just outside Lagos airport’s domestic terminal on Thursday, Nigerian […]

Foreign investors seen warming to Nigeria’s power sector-official

* Most power assets have so far gone to local oligarchs * Power task force head says foreign interest growing * Nigeria selling sector to try to end crippling blackouts The initial sell-off of state power assets, designed to end decades of electricity shortages, mostly attracted local oligarchs, while foreign […]