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AllAfrica News: Stock Markets

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[Daily Trust] Equity investors on Tuesday lost about N1.88 trillion as renewed selling pressure in MTN Nigeria, First HoldCo, AccessCorp, GTCO and other major stocks dragged the Nigerian Exchange (NGX) lower.

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[Capital FM] Nairobi -- Newly appointed National Infrastructure Fund (NIF) CEO James Mworia has backed the listing of an infrastructure development fund on the Nairobi Securities Exchange (NSE), arguing that it would unlock new investment opportunities and provide access to additional financing.

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[Daily Trust] The much-anticipated initial public offering (IPO) of the Dangote Refinery is set to reshape Nigeria's capital market, with the 700,000-barrel-per-day facility expected to offer 4.1 billion shares and potentially push the total capitalisation of the Nigerian Exchange Limited (NGX) above N200 trillion.

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[Daily Trust] The Nigerian Exchange (NGX) market capitalisation expanded by N3.2 trillion over the five trading sessions last week.

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[Daily News] Dar es Salaam -- TANZANIA and Malawi have agreed to strengthen economic cooperation to boost trade and investment between the two countries through enhanced private sector collaboration, value addition to raw materials and greater utilisation of opportunities available in regional markets.

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