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Flour Mills Nigeria Plc has announced a significant improvement in its second quarter financial performance for 2009, with a profit after tax of N4.89 billion.

National Sports Lottery Plc has announced its plans to undertake a share reconstruction exercise within the next three months.

The Central Bank of Nigeria, CBN has said it would not allow the stock exchange to crash again adding that economic growth is now the focus of its policy

Capital market authorities have raised query on the unaudited accounts published by some of the troubled banks.

Profit-taking on the Botswana Stock Exchange continued from where it left last week as financial counters Barclays and FNBB shed more weight in yesterday's trade. Delayed profit-taking took place on the bourse last week as investors liquidate positions ahead of

MARKET capitalization at the Dar es Salaam Stock Exchange (DSE) has declined to 41.37bn/- from 5,114.63bn/- recorded in October to 5,074bn/- last month, according to the latest equity markets country report.

According to the Tunisian Stock Exchange website, "Tustex", the Tunis stock exchange index (TUINDEX) has recorded a growth rate of 3, 16% to reach currently 46, 55%.

Afren Plc has announced the success of its quest to raise $175 million through an equity share placement and its movement to the main market of the London Stock Exchange.

ZIMBABWE Stock Exchange-listed property counters failed to enjoy the ZSE rally since re-opening in February this year despite the industrial index going up by 51 percent.

Hough: These firms could cash in on U.S. investment in fiber optics.