Nigerian Equities Market Rebounds, Index Rises 0.44 Percent-continued

September 28, 2017--The Nigerian equities market wednesday recorded its first gain in the week following bargain hunting and appreciation posted by Dangote Cement Plc. The market declined in the first two trading days of the week, falling by 1.15 per cent on Tuesday.
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Source: AllAfrica.com

AFRICA ETP News
JSE struggles for direction as Trump strikes again
September 18, 2018--The local bourse has struggled for direction as global markets digested the imposition of a 10% tariff on Chinese goods by the US, which is set to kick in on 24 September.
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Rand holds firm despite developments in US-China trade dispute
September 18, 2018--The rand held firm, trading just below R15/$ to the greenback on Tuesday morning, despite developments in the US-China trade dispute.
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JSE closes weaker as global markets react to new tariffs
September 17, 2018--The JSE has closed weaker, following a session where it mostly traded in the red.
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Rand yo-yos in early trade as emerging markets on the back foot
September 17, 2018--The rand had a yo-yo session in early trade on Monday morning, briefly breaking through R15/$ shortly after 09:00.
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Rand hedges rebound to lift JSE
September 14, 2018--The JSE closed firmer as rand hedges rebounded following the retracement in the rand.
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JSE inches up after a mixed session
September 13, 2018--The JSE has inched higher as retailers and blue-chip index heavyweights firmed.
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Rand gains 1.6% against the dollar as Turkey hikes rates
September 13, 2018--The rand has been taking its cue from the movements of the Turkish lira in recent days, as SA's fellow emerging markets battle economic difficulties.
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ICAEW Economic Insight: Africa
September 13, 2018--The ICAEW Economic Insight: Africa, is a quarterly economic forecast for the region prepared directly for the finance profession.
Macro dynamics and remittances in Africa: Q3 summary
East Africa remains the strongest-growing region, with the commodity slump and policy issues impeding growth elsewhere
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JSE down as retail sales disappoint
September 12, 2018--The JSE closed softer on Wednesday following disappointment in South Africa's retail sales numbers for July which came in lower than expected.
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Rand strengthens under R15/$ as Turkish lira firms
September 12, 2018--The rand has made up some of the losses it suffered at the beginning of last week when it fell sharply in tandem with the Turkish lira, which firmed on Wednesday afternoon.
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JSE not spared as relentless trade war selloff continues
September 11, 2018--Equity markets continued to selloff as world markets begin to stomach the effects of future tariffs, proposed by the Trump administration.
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Rand gains limited by negative emerging market sentiment
September 11, 2018--The rand, which has been strengthening since Thursday last week, may break through the R15/$ barrier on Tuesday say analysts.
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Forbes ranks Rwanda, SAfrica over Nigeria on investor protection
September 10, 2018--Forbes has ranked Nigeria 3rd best in Africa in terms of "investor protection". Rwanda and South Africa were rated above Nigeria on the African continent. A total of 153 countries surveyed.
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Rand firms in early trade but threats of volatility remain
September 10, 2018--The local currency gained 0.4% against the greenback in early trade, but analysts warn it will again take its cue from how global investors view emerging markets.
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Rand now see-saws to gain 1.4% against the dollar
September 7, 2018--The rand has been a tough challenge for market watchers to predict this week, at one point threatening to break R16.00/$.
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Retailers and financials get a lift from the firmer rand
September 6, 2018--The JSE closed firmer on Thursday led by retailers and financials which rebounded on the back of the firmer rand.
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Rand firms by 1%, still in 'treacherous terrain'
September 6, 2018--The local currency is still facing the twin pressures of SA's technical recession and broad emerging market weakness, says Bianca Botes of Peregrine Treasury Solutions.
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Rand crashes through R15.50/$-has lost 6.5% this week
September 5, 2018--The local currency's bad week shows no signs of stopping.
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South Africa: Economy Slips into Technical Recession as GDP Drops
September 4, 2018--African economy slipped into recession during the second quarter of 2018, shrinking by 0,7% quarter-on-quarter (seasonally adjusted and annualised).
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JSE weaker as SA slips into recession
September 4, 2018--The JSE fell on Tuesday after data released by Statistics SA showed that South Africa's GDP contracted for a second consecutive quarter.
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Rand piles on losses as SA enters recession
September 4, 2018--The rand fell on the back of Stats SA's announcement that the country's real gross domestic product had contracted by 0.7% in the second quarter of the year.
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SA in technical recession as second quarter GDP falls
September 4, 2018--South Africa is officially in a technical recession, after Stats SA announced on Tuesday that the country's real gross domestic product had decreased by 0.7% in the second quarter of the year.
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JSE struggles for direction as trade concerns dim optimism
September 3, 2018--The JSE got off to a cagey start as global markets struggled to find direction amid the trade war escalations.
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Rand starts week on back foot
September 3, 2018--Emerging market currencies are gearing up for economic news out of Turkey, while on the local front SA will learn whether it has entered a technical recession on Tuesday.
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Nigeria's pensions potential attracts foreign interest
September 2, 2018--The industry is still young but better regulation and a huge population are a draw for investors
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Kenya Is All Set to Launch Its First Blockchain Cryptocurrency
August 30, 2018--The East African country of Kenya is preparing to launch its first blockchain-based cryptocurrency.
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Local bourse closes firmer after a mixed trading session
August 29, 2018--The rand struggled against the US dollar as it weakened to a session low of R14.49/$ despite the US dollar trading mostly flat even as USA second quarter GDP numbers beat estimates.
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Firmer rand lifts financials and retailers on JSE
August 28, 2018--The rand briefly traded below R14 against the US dollar to reach a session high of R13.95/$ after news broke that the portfolio committee on public works had withdrawn the expropriation bill.
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Nigeria's GDP Grows By 1.5% in Q2-NBS
August 28, 2018--The National Bureau of Statistics (NBS), said Nigeria's Gross Domestic Product (GDP) grew by 1.50 per cent year-on-year in real terms to N16.58 trillion in the second quarter.
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Africa has phenomenal potential for intra-continental trade
August 25, 2018--Forty-nine of Africa's 55 countries signed the framework for the African Continental Free Trade Agreement (AfCFTA) to create a single continental market for goods and services, with free and unfettered movement of businesspeople and investments.
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Nigeria:Investors Positive Sentiment Lifts Capital Market
August 24, 2018--The bulls resurfaced in the equities market, at the close of trading at the Nigeria Stock Exchange (NSE) with the All Share Index (ASI) closing higher by 1.57% to 35,206.16 points, as investors hunted bargains in DANGCEM shares.
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JSE closes marginally up after mixed session
August 23, 2018--The JSE All-Share index held on to its gains to eventually end the day 0.14% firmer, while the JSE Top-40 index added 0.13%.
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Rand weakens as Trump tweets about land debate
August 23, 2018--The rand slumped against the dollar after a tweet by US President Donald Trump on the country's land debate fueled speculation of possible sanctions against the country.
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-JSE rises as emerging market recovery continues
August 22, 2018-The JSE rose for a third consecutive session on Wednesday as emerging markets remained buoyant.
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JSE inches higher as rand gains, emerging markets find some reprieve
August 21, 2018--As the dollar weakened on Tuesday after US President Donald Trump criticised the US Fed, the rand managed to make up some of its losses-which buoyed financials and retailers.
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A Single African Currency-What It Would Mean for Global Currencies?
August 21, 2018--There has been speculations in recent years as to the real reason behind the removal of Libya's Muammar Gaddafi with one of the most popular theories being that he was in the process of establishing a single gold-backed currency for Africa called the Gold Dinar.
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