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For 2008

 

 

 

 

 

 

 

 
   
   
   

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Courtesy: Oceanic Capital;
* Start Price:Price at Computation Date

 
 
WHAT'S NEWS?    

For margin traders or speculative investors, this is not the best of times. This is because the fortune of most of the 203 equities currently listed on the Nigerian Stock Exchange (NSE) witnessed a consistent decline in the last few weeks.

Interestingly, the current decline is not a respecter of any particular equity as both the blue-chip stocks and second-rate stocks are equally affected
 
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  CBN set to restructure currency operations  
 

As part of the restructuring programme of the Central Bank of Nigeria (CBN), has invited interested service providers with good experience in currency processing and distribution to take over the designing, issuance and dispensing of currency. Mr. Ben Onyido, Director of Currency Operations of the bank, stated this recently during a press briefing in Lagos.

 
     
  IPO: National Sports Lottery projects 159% dividend growth  
 

Participants in the ongoing Initial Public Offer (IPO) coming from National Sports Lottery (NSL) Plc should expect a 159 per cent increase in dividend earnings for the 2009 financial year compared with that of 2008. The dividend forecast presented in the offer prospectus shows that at the close of the 2008 financials, a dividend of 37kobo per share would be distributed while the figure would increase to 96kobo per share representing 159 per cent appreciation

 
     
   

 

 

CURRENT EDITION OF MONEYWISE

 

Make 63% average returns on investment

A.G. Leventis, Oando, Japaul Oil, Law Union, others emerge Top 10

Dest Peter is one of hundreds of investors whose desire is to make reasonable wealth through investing in stocks but lack the required skill go it alone. Peter has, therefore, chosen to follow experts' advice to play safe hook, line and sinker. His decision was to adopt as a model for investment the Moneywise 40 carefully selected stocks christened 'MW 40'. It, therefore, appears that his decision to join the club of 'MW40' investors since August 2006has turned out to be a blessing because even in the face of the recent downturn the Capital market, he had no cause to lament. Pg1

Bamidele Famoofo

 
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Fire Your Share Analyst is fool's guide for analysing investment in shares before you make actual investment. Don't issue out your cheque until you have grabed a copy of this book!

 
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