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  •  Investors buying interests in stocks of Nestle and First Bank of Nigeria Holdings FBNH sustained the positive posts at the Nigerian Exchange Ltd on Friday Similarly the market gained N11 billion or 0 04 per cent making the market capitalisation to close at N26 797 trillion from N26 786 trillion recorded on Thursday Also the All Share Index ASI rose by 20 28 points or 0 04 per cent to 49 683 15 from 49 661 87 it was at the previous trading Consequently the Year to Date YTD return rose to 16 31 per cent Transaction activities ended with 17 gainers and 11 losers Japaul Gold and Ventures led the gainers with 9 68 per cent to close at 34k per share Mutual Benefits Assurance followed with an appreciation of 7 14 per cent to close at 30k per share FCMB Group rose by 5 96 per cent to close at N3 20 while Unity Bank gained five per cent to close at 2k per share Academy Press gained by 4 39 per cent to close at N2 14 per share Conversely Ellah Lakes led the losers chart with a depreciation of 10 per cent to close at N3 60 per share Vitafoam Nigeria followed by dropping 9 78 per cent to close at N20 30 per share and NPF Microfinance Bank lost 9 09 per cent to close at N1 50 per share Chams declined by 7 41 per cent to close at 25k while Union Bank of Nigeria shed 6 67 per cent to close at N5 60 per share Analysis of today s market activities showed trade turnover settled higher compared to the previous session with the value of transactions up by 67 93 per cent A total of 193 51 million shares valued at N4 64 billion were exchanged in 3 307 deals compared to 226 47 million shares valued at N2 76 billion exchanged in 3 515 deals Jaiz Bank recorded the highest volume of 45 9 million shares traded shares valued at N39 05 million It was followed by FBN Holdings which sold 24 9 million shares worth N270 98 million while Access Holdings transacted 18 9 million shares valued N154 95 million Also NEM Insurance Company traded 11 1 million share units valued at N51 45 million while Guaranty Trust Holding Company GTCO transacted 9 34 million shares worth 186 9 million NewsSourceCredit NAN
    Stock market increases further by 0.04%
     Investors buying interests in stocks of Nestle and First Bank of Nigeria Holdings FBNH sustained the positive posts at the Nigerian Exchange Ltd on Friday Similarly the market gained N11 billion or 0 04 per cent making the market capitalisation to close at N26 797 trillion from N26 786 trillion recorded on Thursday Also the All Share Index ASI rose by 20 28 points or 0 04 per cent to 49 683 15 from 49 661 87 it was at the previous trading Consequently the Year to Date YTD return rose to 16 31 per cent Transaction activities ended with 17 gainers and 11 losers Japaul Gold and Ventures led the gainers with 9 68 per cent to close at 34k per share Mutual Benefits Assurance followed with an appreciation of 7 14 per cent to close at 30k per share FCMB Group rose by 5 96 per cent to close at N3 20 while Unity Bank gained five per cent to close at 2k per share Academy Press gained by 4 39 per cent to close at N2 14 per share Conversely Ellah Lakes led the losers chart with a depreciation of 10 per cent to close at N3 60 per share Vitafoam Nigeria followed by dropping 9 78 per cent to close at N20 30 per share and NPF Microfinance Bank lost 9 09 per cent to close at N1 50 per share Chams declined by 7 41 per cent to close at 25k while Union Bank of Nigeria shed 6 67 per cent to close at N5 60 per share Analysis of today s market activities showed trade turnover settled higher compared to the previous session with the value of transactions up by 67 93 per cent A total of 193 51 million shares valued at N4 64 billion were exchanged in 3 307 deals compared to 226 47 million shares valued at N2 76 billion exchanged in 3 515 deals Jaiz Bank recorded the highest volume of 45 9 million shares traded shares valued at N39 05 million It was followed by FBN Holdings which sold 24 9 million shares worth N270 98 million while Access Holdings transacted 18 9 million shares valued N154 95 million Also NEM Insurance Company traded 11 1 million share units valued at N51 45 million while Guaranty Trust Holding Company GTCO transacted 9 34 million shares worth 186 9 million NewsSourceCredit NAN
    Stock market increases further by 0.04%
    General news3 months ago

    Stock market increases further by 0.04%

    Investors’ buying interests in stocks of Nestle and First Bank of Nigeria Holdings (FBNH) sustained the positive posts at the Nigerian Exchange Ltd. on Friday.

    Similarly, the market gained N11 billion or 0.04 per cent, making the market capitalisation to close at N26.797 trillion from N26.786 trillion recorded on Thursday.

    Also, the All-Share Index (ASI) rose by 20.28 points or 0.04 per cent to 49,683.15 from 49,661.87 it was at the previous trading.

    Consequently, the Year-to-Date (YTD) return rose to 16.31 per cent.

    Transaction activities ended with 17 gainers and 11 losers.

    Japaul Gold and Ventures led the gainers with 9.68 per cent to close at 34k per share.

    Mutual Benefits Assurance followed with an appreciation of 7.14 per cent to close at 30k per share.

    FCMB Group rose by 5.96 per cent to close at N3.20, while Unity Bank gained five per cent to close at 2k per share.

    Academy Press gained by 4.39 per cent to close at N2.14 per share.

    Conversely, Ellah Lakes led the losers’ chart with a depreciation of 10 per cent to close at N3.60 per share.

    Vitafoam Nigeria followed by dropping 9.78 per cent to close at N20.30 per share and NPF Microfinance Bank lost 9.09 per cent to close at N1.50 per share.

    Chams declined by 7.41 per cent to close at 25k, while Union Bank of Nigeria shed 6.67 per cent to close at N5.60 per share.

    Analysis of today’s market activities showed trade turnover settled higher compared to the previous session, with the value of transactions up by 67.93 per cent.

    A total of 193.51 million shares valued at N4.64 billion were exchanged in 3,307 deals compared to 226.47 million shares valued at N2.76 billion exchanged in 3,515 deals.

    Jaiz Bank recorded the highest volume of 45.9 million shares traded shares valued at N39.05 million.

    It was followed by FBN Holdings which sold 24.9 million shares worth N270.98 million, while Access Holdings transacted 18.9 million shares valued N154.95 million.

    Also, NEM Insurance Company traded 11.1 million share units valued at N51.45 million, while Guaranty Trust Holding Company (GTCO) transacted 9.34 million shares worth 186.9 million
    NewsSourceCredit: NAN

  •  Trading activities on the Nigerian Exchange Ltd NGX on Thursday remained bullish with the crucial indicators growing by 2 03 per cent The market capitalisation gained N532 billion to close at N26 786 trillion compared with N26 253 trillion on Wednesday Similarly the All Share Index which opened at 48 675 24 gained 986 63 points or 2 03 per cent to close at 49 661 87 A breakdown of the price movement table showed that Mutual Benefit Assurance topped the losers table with a loss of 9 68 per cent to close at 28k per share Honeywell Flour Mill trailed with a loss of 8 42 per cent to close at N2 72 while Flour Mills Nigeria dipped by 7 06 per cent to close at N27 per share Unity Bank was down by 7 06 per cent to close at 40k and First City Monument Bank FCMB declined by 3 51 per cent to close at N3 02 per share Conversely Computer Warehouse Group led the gainers table growing by 10 per cent to close at 99k per share Learn Africa followed with a gain of 9 78 per cent to close at N2 47 while Caverton Offshore Support Group reaped also 9 52 per cent to close at N1 15 per share Multiverse Mining amp Exploration increased by 9 52 per cent to close at N2 30 while Chams improved by eight per cent to close at 27k per share Mutual Benefits Assurance dominated the activity chart with an exchange of 74 5 million shares worth N22 84 million FBN Holdings followed with an account of 23 43 million shares valued at N251 88 million while Access Holdings traded 15 9 million shares worth N130 19 million United Bank for Africa sold 15 3 million shares valued at N107 07 million while NEM Insurance transacted 13 49 million shares worth N62 12 million In all investors bought and sold 226 47 million shares valued at N2 76 billion achieved in 3 515 deals NewsSourceCredit NAN
    NGX maintains bullish trend with 2.03% growth
     Trading activities on the Nigerian Exchange Ltd NGX on Thursday remained bullish with the crucial indicators growing by 2 03 per cent The market capitalisation gained N532 billion to close at N26 786 trillion compared with N26 253 trillion on Wednesday Similarly the All Share Index which opened at 48 675 24 gained 986 63 points or 2 03 per cent to close at 49 661 87 A breakdown of the price movement table showed that Mutual Benefit Assurance topped the losers table with a loss of 9 68 per cent to close at 28k per share Honeywell Flour Mill trailed with a loss of 8 42 per cent to close at N2 72 while Flour Mills Nigeria dipped by 7 06 per cent to close at N27 per share Unity Bank was down by 7 06 per cent to close at 40k and First City Monument Bank FCMB declined by 3 51 per cent to close at N3 02 per share Conversely Computer Warehouse Group led the gainers table growing by 10 per cent to close at 99k per share Learn Africa followed with a gain of 9 78 per cent to close at N2 47 while Caverton Offshore Support Group reaped also 9 52 per cent to close at N1 15 per share Multiverse Mining amp Exploration increased by 9 52 per cent to close at N2 30 while Chams improved by eight per cent to close at 27k per share Mutual Benefits Assurance dominated the activity chart with an exchange of 74 5 million shares worth N22 84 million FBN Holdings followed with an account of 23 43 million shares valued at N251 88 million while Access Holdings traded 15 9 million shares worth N130 19 million United Bank for Africa sold 15 3 million shares valued at N107 07 million while NEM Insurance transacted 13 49 million shares worth N62 12 million In all investors bought and sold 226 47 million shares valued at N2 76 billion achieved in 3 515 deals NewsSourceCredit NAN
    NGX maintains bullish trend with 2.03% growth
    Economy4 months ago

    NGX maintains bullish trend with 2.03% growth

    Trading activities on the Nigerian Exchange Ltd. (NGX) on Thursday remained bullish with the crucial indicators growing by 2.03 per cent.

    The market capitalisation gained N532 billion to close at N26.786 trillion, compared with N26.253 trillion on Wednesday.

    Similarly, the All-Share Index, which opened at 48,675.24, gained 986.63 points or 2.03 per cent to close at 49,661.87. A breakdown of the price movement table showed that Mutual Benefit Assurance topped the losers’ table with a loss of 9.68 per cent to close at 28k per share.

    Honeywell Flour Mill trailed with a loss of 8.42 per cent to close at N2.72, while Flour Mills Nigeria dipped  by 7.06 per cent to close at N27 per share.

    Unity Bank was down by 7.06 per cent to close at 40k and First City Monument Bank (FCMB) declined by 3.51 per cent to close at N3.02 per share.

    Conversely, Computer Warehouse Group led the gainers’ table, growing by 10 per cent to close at 99k per share.

    Learn Africa followed with a gain of 9.78 per cent to close at N2.47, while Caverton Offshore Support Group  reaped also 9.52 per cent to close at N1.15 per share.

    Multiverse Mining & Exploration increased by 9.52 per cent to close at N2.30, while Chams improved by eight per cent to close at 27k per share.

    Mutual Benefits Assurance dominated the activity chart with an exchange of 74.5 million shares worth N22.84 million.

    FBN Holdings followed with an account of 23.43 million shares valued at N251.88 million, while Access Holdings traded 15.9 million shares worth N130.19 million.

    United Bank for Africa sold 15.3 million shares valued at N107.07 million, while NEM Insurance transacted 13.49 million shares worth N62.12 million.

    In all, investors bought and sold 226.47 million shares valued at N2.76 billion achieved in 3,515 deals.


    NewsSourceCredit: NAN

  •  Trading activities on the Nigerian Exchange Ltd NGX closed on a positive note on Wednesday with indices growing by 0 22 per cent following gains by BUA Cement Nestle and Stanbic Bank Specifically the market capitalisation gained N65 billion or 0 25 per cent to close at N26 253 trillion against N26 188 trillion recorded on Tuesday Also the All Share Index rose by 120 48 points or 0 25 per cent to close at 48 675 24 compared with 48 554 76 posted on Tuesday Market breadth closed positive with 14 stocks gained and 11 stocks declined NEM Insurance led the gainers table during the day with 44k to close at N4 84 per share Stanbic IBTC Holdings followed with a gain of N2 50 to close at N30 50 while Ecobank Transnational added 80k to close at N10 80 per share Cutix appreciated by 14k to close at N2 04 and Mutual Benefits Assurance rose by 2k to close at 31k per share On the other hand Fidson Healthcare topped the losers chart shedding 99k to close at N9 11 per share FTN Cocoa Processors trailed with a loss of 3k to close at 30k while Northern Nigeria Flour Mills declined by 1k to close at N7 50 per share Unity Bank was down by 7k to close at 42k while First City Monument Bank FCMB lost 1k to close at N313 per share Investors traded a total of 167 57 million shares valued at N3 37 billion in 2 269 deals representing 19 60 per cent increase in volume This was against the 154 290 million shares worth N2 70 billion exchanged in 3 751 deals the previous day Access Holdings was the most active stock exchanging 27 9 million shares worth N231 14 million United Bank for Africa UBA followed with an account of 22 9 million shares valued at N160 91 million while FBN Holdings traded 22 5 million shares worth N241 98 million Guaranty Trust Holding Company GTCO sold 16 1 million shares valued at N323 99 million while Zenith Bank exchanged 11 86 million shares worth N261 11 million NewsSourceCredit NAN
    Stock market rebounds, indices record 0.25% growth
     Trading activities on the Nigerian Exchange Ltd NGX closed on a positive note on Wednesday with indices growing by 0 22 per cent following gains by BUA Cement Nestle and Stanbic Bank Specifically the market capitalisation gained N65 billion or 0 25 per cent to close at N26 253 trillion against N26 188 trillion recorded on Tuesday Also the All Share Index rose by 120 48 points or 0 25 per cent to close at 48 675 24 compared with 48 554 76 posted on Tuesday Market breadth closed positive with 14 stocks gained and 11 stocks declined NEM Insurance led the gainers table during the day with 44k to close at N4 84 per share Stanbic IBTC Holdings followed with a gain of N2 50 to close at N30 50 while Ecobank Transnational added 80k to close at N10 80 per share Cutix appreciated by 14k to close at N2 04 and Mutual Benefits Assurance rose by 2k to close at 31k per share On the other hand Fidson Healthcare topped the losers chart shedding 99k to close at N9 11 per share FTN Cocoa Processors trailed with a loss of 3k to close at 30k while Northern Nigeria Flour Mills declined by 1k to close at N7 50 per share Unity Bank was down by 7k to close at 42k while First City Monument Bank FCMB lost 1k to close at N313 per share Investors traded a total of 167 57 million shares valued at N3 37 billion in 2 269 deals representing 19 60 per cent increase in volume This was against the 154 290 million shares worth N2 70 billion exchanged in 3 751 deals the previous day Access Holdings was the most active stock exchanging 27 9 million shares worth N231 14 million United Bank for Africa UBA followed with an account of 22 9 million shares valued at N160 91 million while FBN Holdings traded 22 5 million shares worth N241 98 million Guaranty Trust Holding Company GTCO sold 16 1 million shares valued at N323 99 million while Zenith Bank exchanged 11 86 million shares worth N261 11 million NewsSourceCredit NAN
    Stock market rebounds, indices record 0.25% growth
    Economy4 months ago

    Stock market rebounds, indices record 0.25% growth

    Trading activities on the Nigerian Exchange Ltd., (NGX) closed on a positive note on Wednesday, with indices growing by 0.22 per cent following gains by BUA Cement, Nestle  and Stanbic Bank Specifically, the market capitalisation gained N65 billion or 0.25 per cent to close at N26.253 trillion against N26.188 trillion recorded on Tuesday.

    Also, the All-Share Index rose by 120.48 points or 0.25 per cent to close at 48,675.24 compared with 48,554.76 posted on Tuesday.

    Market breadth closed positive with 14 stocks gained and 11 stocks declined.

    NEM Insurance led the gainers’ table during the day with 44k to close at N4.84 per share.

    Stanbic IBTC Holdings followed with a gain of N2.50 to close at N30.50, while Ecobank Transnational added 80k to close at N10.80 per share.

    Cutix appreciated by 14k to close at N2.04 and Mutual Benefits Assurance rose by 2k to close at 31k per share.

    On the other hand, Fidson Healthcare topped the losers’ chart, shedding 99k to close at N9.11 per share.

    FTN Cocoa Processors trailed with a loss of 3k to close at 30k, while Northern Nigeria Flour Mills declined by 1k to close at N7.50 per share.

    Unity Bank was down by 7k to close at 42k, while First City Monument Bank(FCMB) lost 1k to close at N313 per share.

    Investors traded a total of 167.57 million shares valued at N3.37 billion in 2,269 deals representing 19.60 per cent increase in volume.

    This was against the 154.290 million shares worth N2.70 billion exchanged in 3,751 deals the previous day.

    Access Holdings was the most active stock, exchanging 27.9 million shares worth N231.14 million.

    United Bank for Africa (UBA) followed with an account of 22.9 million shares valued at N160.91 million, while FBN Holdings traded 22.5 million shares worth N241.98 million.

    Guaranty Trust Holding Company (GTCO) sold 16.1 million shares valued at N323.99 million, while Zenith Bank exchanged 11.86 million shares worth N261.11 million.


    NewsSourceCredit: NAN

  •  The equity market closed on a negative note on Friday due to sell pressure on some highly capitalised stocks The market capitalisation recorded represented a decline of 0 7 per cent closing at N26 787 trillion compared to N26 976 trillion posted on Thursday Specifically the sell pressure was on stocks of BUA Cement Dangote Cement Zenith Bank Flour Mill Guaranty Trust Holding Company GTCO and Access Bank Holdings amongst others Accordingly the All Share Index declined by 350 53 points representing a decrease of 0 7 per cent to close at 49 664 07 from 50 014 6 posted the previous day Market breath was negative with 19 gainers and 24 losers BUA Foods led the gainers with 10 per cent share price appreciation closing at N59 95 per share NEM Insurance Company gained 9 98 per cent to close at N4 41 per share while Courteville Business Solutions rose by 9 8 per cent to close at 56k Also Ikeja Hotel appreciated by 9 48 per cent to close at N1 27 and Multiverse Mining and Exploration went up by 8 44 per cent to close at N2 44 per share On the losing side BUA Cement came depreciated by 9 95 per cent to close at N52 95 per share Chams as the next fell by 9 68 per cent to close at 28k per share while Cutix declined by 8 89 per cent to close at N2 05 per share Ellah Lakes was down by 6 98 per cent to close at N4 per share and Unity Bank depreciated by 6 52 per cent to close at 43k per share The total volume traded increased to 750 29 million units valued at N2 26 billion exchanged in 4 076 deals This was against a total of 266 12 million shares worth N2 26 billion achieved in 4 034 deals on Thursday Capital Hotel traded the highest share volume of 478 20 million shares worth N3 35 billion E Tranzact followed trading 77 57 million shares valued at N176 86 million Wapic Insurance sold 37 08 million shares worth N14 94 million while First Bank Nigeria Holdings Holdings FBNH sold 30 53 million shares at N333 24 million United Bank for Africa UBA traded 13 2 million shares valued at N92 68 million Analysts at Vetiva Securities Ltd said that Market closed the week down as declines in large cap names dragged the All Share index down We expect the market to pick up from Friday s close amid slight recoveries by some of the week s losers the analysts said NewsSourceCredit NAN
    Equity market closes bearish, drops 0.7%
     The equity market closed on a negative note on Friday due to sell pressure on some highly capitalised stocks The market capitalisation recorded represented a decline of 0 7 per cent closing at N26 787 trillion compared to N26 976 trillion posted on Thursday Specifically the sell pressure was on stocks of BUA Cement Dangote Cement Zenith Bank Flour Mill Guaranty Trust Holding Company GTCO and Access Bank Holdings amongst others Accordingly the All Share Index declined by 350 53 points representing a decrease of 0 7 per cent to close at 49 664 07 from 50 014 6 posted the previous day Market breath was negative with 19 gainers and 24 losers BUA Foods led the gainers with 10 per cent share price appreciation closing at N59 95 per share NEM Insurance Company gained 9 98 per cent to close at N4 41 per share while Courteville Business Solutions rose by 9 8 per cent to close at 56k Also Ikeja Hotel appreciated by 9 48 per cent to close at N1 27 and Multiverse Mining and Exploration went up by 8 44 per cent to close at N2 44 per share On the losing side BUA Cement came depreciated by 9 95 per cent to close at N52 95 per share Chams as the next fell by 9 68 per cent to close at 28k per share while Cutix declined by 8 89 per cent to close at N2 05 per share Ellah Lakes was down by 6 98 per cent to close at N4 per share and Unity Bank depreciated by 6 52 per cent to close at 43k per share The total volume traded increased to 750 29 million units valued at N2 26 billion exchanged in 4 076 deals This was against a total of 266 12 million shares worth N2 26 billion achieved in 4 034 deals on Thursday Capital Hotel traded the highest share volume of 478 20 million shares worth N3 35 billion E Tranzact followed trading 77 57 million shares valued at N176 86 million Wapic Insurance sold 37 08 million shares worth N14 94 million while First Bank Nigeria Holdings Holdings FBNH sold 30 53 million shares at N333 24 million United Bank for Africa UBA traded 13 2 million shares valued at N92 68 million Analysts at Vetiva Securities Ltd said that Market closed the week down as declines in large cap names dragged the All Share index down We expect the market to pick up from Friday s close amid slight recoveries by some of the week s losers the analysts said NewsSourceCredit NAN
    Equity market closes bearish, drops 0.7%
    Economy4 months ago

    Equity market closes bearish, drops 0.7%

    The equity market closed on a negative note on Friday due to sell pressure on some highly capitalised stocks.

    The market capitalisation recorded represented a decline of 0.7 per cent closing at N26.787 trillion, compared to N26.976 trillion posted on Thursday.

    Specifically, the sell pressure was on stocks of BUA Cement, Dangote Cement, Zenith Bank, Flour Mill, Guaranty Trust Holding Company (GTCO) and Access Bank Holdings, amongst others.

    Accordingly, the All-Share Index declined by 350.53 points, representing a decrease of 0.7 per cent to close at 49,664.07 from 50,014.6 posted the previous day.

    Market breath was negative with 19 gainers and 24 losers.

    BUA Foods led the gainers with 10 per cent share price appreciation closing at N59.95 per share.

    NEM Insurance Company gained 9.98 per cent to close at N4.41 per share, while Courteville Business Solutions rose by 9.8 per cent to close at 56k.

    Also,  Ikeja Hotel appreciated by 9.48 per cent to close at N1.27 and Multiverse Mining and Exploration went up by 8.44 per cent to close at N2.44 per share.

    On the losing side, BUA Cement came depreciated by 9.95 per cent to close at N52.95 per share.

    Chams as the next fell by 9.68 per cent to close at 28k per share, while Cutix declined by 8.89 per cent to close at N2.05 per share.

    Ellah Lakes was down by 6.98 per cent to close at N4 per share and Unity Bank depreciated by 6.52 per cent to close at 43k per share.

    The total volume traded increased to 750.29 million units valued at N2.26 billion exchanged in 4,076 deals.

    This was against a total of 266.12 million shares worth N2.26 billion achieved in 4,034 deals on Thursday.

    Capital Hotel traded the highest share volume of 478.20 million shares worth N3.35 billion.

    E-Tranzact followed, trading 77.57 million shares valued at N176.86 million.

    Wapic Insurance sold 37.08 million shares worth N14.94 million, while First Bank Nigeria Holdings Holdings (FBNH) sold 30.53 million shares at N333.24 million.

    United Bank for Africa (UBA) traded 13.2 million shares valued at N92.68 million Analysts at Vetiva Securities Ltd. said that “Market closed the week down as declines in large cap names dragged the All-Share index down.

    “We expect the market to pick up from Friday’s close amid slight recoveries by some of the week’s losers,” the analysts said.


    NewsSourceCredit: NAN

  •  The Nigerian Exchange Ltd NGX All Share Index on Wednesday rebounded by 1 47 per cent following Dangote Cement gain Specifically the index which opened at 50 075 47 rose by 725 76 points or 1 47 per cent to close at 49 350 71 Similarly the market capitalisation increased by N390 92 billion to close at N27 01 trillion compared with N26 62 trillion achieved on Tuesday A breakdown of the price movement table shows that Dangote Cement recorded the highest gain to lead the gainers table with 9 96 per cent to close at N265 per share NEM Insurance followed with an increase of 9 89 per cent to close at N24 11 while Ellah Lakes rose by 9 41 per cent to close at N4 30 per share Japaul Gold and Ventures appreciated by 8 82 per cent to close at 37k while Mayer amp Baker grew by 8 68 per cent to close at N3 88 per share On the other hand WAPCO topped the losers table depreciating by 8 84 per cent to close at N23 20 per share NAHCO trailed with a decline of 8 62 per cent to close at N5 30 while Honey Flour lost by 6 41 per cent to close at N2 63 per share UACN was down by 5 36 per cent to close at N10 60 while AIICO Insurance declined by 5 26 per cent to close at N10 54 per share In the same vein the volume of shares traded closed higher with an exchange of 279 22 million shares worth N2 08 billion in 3 576 deals This was in contrast with a turnover of 140 61 million shares valued at N1 61 billion traded in 3 895 deals on Tuesday Jaiz Bank Plc was the most active stock during the day trading 115 13 million shares worth N100 14 billion It was followed by First Bank of Nigeria Holdings FBNH with an account of 39 96 million shares valued at N431 5 million while United Bank for Africa UBA traded 14 66 million shares worth N104 32 million AIICO Insurance sold 13 91 million shares valued at N7 68 million while Japaul Gold and Ventures traded 13 59 million shares worth N4 91 million NewsSourceCredit NAN
    NGX: Index appreciates by 1.47% on Dangote Cement gain
     The Nigerian Exchange Ltd NGX All Share Index on Wednesday rebounded by 1 47 per cent following Dangote Cement gain Specifically the index which opened at 50 075 47 rose by 725 76 points or 1 47 per cent to close at 49 350 71 Similarly the market capitalisation increased by N390 92 billion to close at N27 01 trillion compared with N26 62 trillion achieved on Tuesday A breakdown of the price movement table shows that Dangote Cement recorded the highest gain to lead the gainers table with 9 96 per cent to close at N265 per share NEM Insurance followed with an increase of 9 89 per cent to close at N24 11 while Ellah Lakes rose by 9 41 per cent to close at N4 30 per share Japaul Gold and Ventures appreciated by 8 82 per cent to close at 37k while Mayer amp Baker grew by 8 68 per cent to close at N3 88 per share On the other hand WAPCO topped the losers table depreciating by 8 84 per cent to close at N23 20 per share NAHCO trailed with a decline of 8 62 per cent to close at N5 30 while Honey Flour lost by 6 41 per cent to close at N2 63 per share UACN was down by 5 36 per cent to close at N10 60 while AIICO Insurance declined by 5 26 per cent to close at N10 54 per share In the same vein the volume of shares traded closed higher with an exchange of 279 22 million shares worth N2 08 billion in 3 576 deals This was in contrast with a turnover of 140 61 million shares valued at N1 61 billion traded in 3 895 deals on Tuesday Jaiz Bank Plc was the most active stock during the day trading 115 13 million shares worth N100 14 billion It was followed by First Bank of Nigeria Holdings FBNH with an account of 39 96 million shares valued at N431 5 million while United Bank for Africa UBA traded 14 66 million shares worth N104 32 million AIICO Insurance sold 13 91 million shares valued at N7 68 million while Japaul Gold and Ventures traded 13 59 million shares worth N4 91 million NewsSourceCredit NAN
    NGX: Index appreciates by 1.47% on Dangote Cement gain
    Economy4 months ago

    NGX: Index appreciates by 1.47% on Dangote Cement gain

    The Nigerian  Exchange Ltd. (NGX) All-Share Index on Wednesday rebounded by 1.47 per cent, following Dangote Cement gain.

    Specifically, the index which opened at 50,075.47 rose by 725.76 points or 1.47 per cent to close at 49,350.71.Similarly, the market capitalisation increased by N390.92 billion to close at N27.01 trillion compared with N26.62 trillion achieved on Tuesday.

    A breakdown of the price movement table shows that Dangote Cement recorded the highest gain to lead the gainers’ table with 9.96 per cent to close at N265 per share.

    NEM Insurance followed with an increase of 9.89 per cent to close at N24.11, while Ellah Lakes rose by 9.41 per cent to close at N4.30 per share.

    Japaul Gold and Ventures appreciated by 8.82 per cent to close at 37k, while Mayer & Baker grew by 8.68 per cent to close at N3.88 per share.

    On the other hand, WAPCO topped the losers’ table, depreciating by 8.84 per cent to close at N23.20 per share.

    NAHCO trailed with a decline of 8.62 per cent to close at N5.30, while Honey Flour lost by 6.41 per cent to close at N2.63 per share.

    UACN was down by 5.36 per cent to close at N10.60, while AIICO Insurance declined by 5.26 per cent to close at N10.54 per share.

    In the same vein, the volume of shares traded closed higher with an exchange of 279.22 million shares worth N2.08 billion in 3,576 deals.

    This was in contrast with a turnover of 140.61 million shares valued at N1.61 billion traded in 3,895 deals on Tuesday.

    Jaiz Bank Plc was the most active stock during the day, trading 115.13 million shares worth N100.14 billion.

    It was followed by  First Bank of Nigeria Holdings (FBNH)  with an account of 39.96 million shares valued at N431.5 million, while United Bank for Africa (UBA) traded 14.66 million shares worth N104.32 million.

    AIICO Insurance sold 13.91 million shares valued at N7.68 million, while Japaul Gold and Ventures traded 13.59 million shares worth N4.91 million.


    NewsSourceCredit: NAN

  •  The Nigerian Exchange Ltd NGX on Tuesday extended losing streak making the benchmark index down by 2 26 per cent The News Agency of Nigeria reports that the All Share Index ASI dipped 1 139 02 points or 2 26 per cent to close at 49 350 71 against 50 489 73 posted on Monday Also the market capitalisation shed N614 35 billion to close at N26 62 trillion compared with N27 23 trillion achieved on Monday Consequently the Year to Date return dropped to 15 53 per cent The downtrend was impacted by losses recorded in large and medium capitalised stocks amongst which are Dangote Cement and MTN Nigeria Market breadth closed negative with 16 gainers and 11 losers Prestige Insurance and NEM Insurance recorded the highest price in percentage terms with a gain of 10 per cent each to close at 44k and N3 74 per share respectively Ellah Lakes followed with a 9 78 per cent to close at N3 93 per share while Multiverse Mining and Exploration gained 9 75 per cent to close at N2 06 per share Ikeja Hotel appreciated by 9 28 per cent to close at N1 06 per share Conversely Conerstone Insurance led the losers chart with a loss of 9 33 per cent to close at 68 per share Dangote Cement followed with 9 06 per cent to close at N241 while Japaul Gold and Ventures depreciated by 8 11 per cent to close at 34k per share Sovereign Trust Insurance dropped 7 41 per cent to close at 25k while Stanbic Bank lost 6 45 per cent to close at N29 per share Also the total volume traded closed with an exchange of 140 61 million shares valued at N1 6 billion achieved in 3 895 deals Transactions in the shares of Japaul Gold and Ventures topped the activity chart with 3 2 million shares valued at N8 95 million AIICO Insurance followed with 14 8 million shares worth N8 84 million while Sterling Bank traded 14 3 million shares valued at N21 41 million Sovereign Trust Insurance sold 10 1 million shares worth N2 58 million while Guaranty Trust Holding Company GTCO accounted for 7 85 million shares worth N160 97 million NewsSourceCredit NAN
    NGX: Market extends losing streak, down 2.26%
     The Nigerian Exchange Ltd NGX on Tuesday extended losing streak making the benchmark index down by 2 26 per cent The News Agency of Nigeria reports that the All Share Index ASI dipped 1 139 02 points or 2 26 per cent to close at 49 350 71 against 50 489 73 posted on Monday Also the market capitalisation shed N614 35 billion to close at N26 62 trillion compared with N27 23 trillion achieved on Monday Consequently the Year to Date return dropped to 15 53 per cent The downtrend was impacted by losses recorded in large and medium capitalised stocks amongst which are Dangote Cement and MTN Nigeria Market breadth closed negative with 16 gainers and 11 losers Prestige Insurance and NEM Insurance recorded the highest price in percentage terms with a gain of 10 per cent each to close at 44k and N3 74 per share respectively Ellah Lakes followed with a 9 78 per cent to close at N3 93 per share while Multiverse Mining and Exploration gained 9 75 per cent to close at N2 06 per share Ikeja Hotel appreciated by 9 28 per cent to close at N1 06 per share Conversely Conerstone Insurance led the losers chart with a loss of 9 33 per cent to close at 68 per share Dangote Cement followed with 9 06 per cent to close at N241 while Japaul Gold and Ventures depreciated by 8 11 per cent to close at 34k per share Sovereign Trust Insurance dropped 7 41 per cent to close at 25k while Stanbic Bank lost 6 45 per cent to close at N29 per share Also the total volume traded closed with an exchange of 140 61 million shares valued at N1 6 billion achieved in 3 895 deals Transactions in the shares of Japaul Gold and Ventures topped the activity chart with 3 2 million shares valued at N8 95 million AIICO Insurance followed with 14 8 million shares worth N8 84 million while Sterling Bank traded 14 3 million shares valued at N21 41 million Sovereign Trust Insurance sold 10 1 million shares worth N2 58 million while Guaranty Trust Holding Company GTCO accounted for 7 85 million shares worth N160 97 million NewsSourceCredit NAN
    NGX: Market extends losing streak, down 2.26%
    Economy4 months ago

    NGX: Market extends losing streak, down 2.26%

    The Nigerian Exchange Ltd. (NGX) on Tuesday extended losing streak, making the benchmark index down by 2.26 per cent.

    The News Agency of Nigeria reports that the All-Share Index (ASI) dipped 1,139.02 points or 2.26 per cent to close at 49,350.71 against 50,489.73 posted on Monday.

    Also, the market capitalisation shed N614.35 billion to close at N26.62 trillion compared with N27.23 trillion achieved on Monday. 

    Consequently, the Year-to-Date return dropped to 15.53 per cent.

    The downtrend was impacted by losses recorded in large and medium capitalised stocks, amongst which are, Dangote Cement and MTN Nigeria.

    Market breadth closed negative, with 16 gainers and 11 losers.

    Prestige Insurance and NEM Insurance recorded the highest price in percentage terms, with a gain of 10 per cent each to close at 44k and N3.74 per share, respectively.

    Ellah Lakes followed with a 9.78 per cent to close at N3.93 per share, while Multiverse Mining and Exploration gained 9.75 per cent  to close at N2.06 per share.

    Ikeja Hotel appreciated by 9.28 per cent to close at N1.06 per share.

    Conversely, Conerstone Insurance led the losers’ chart with a loss of 9.33 per cent to close at 68 per share.

    Dangote Cement followed with 9.06 per cent to close at N241, while Japaul Gold and Ventures depreciated by 8.11 per cent to close at 34k per share.

    Sovereign Trust Insurance dropped 7.41 per cent to close at 25k, while Stanbic Bank lost 6.45 per cent to close at N29 per share.

    Also, the total volume traded closed with an exchange of 140.61 million shares valued at N1.6 billion achieved in 3,895 deals.

    Transactions in the shares of Japaul Gold and Ventures topped the activity chart with 3.2 million shares valued at N8.95 million.

    AIICO Insurance followed with 14.8 million shares worth N8.84 million, while Sterling Bank traded 14.3 million shares valued at N21.41 million.

    Sovereign Trust Insurance sold 10.1 million shares worth N2.58 million, while Guaranty Trust Holding Company (GTCO) accounted for 7.85 million shares worth N160.97 million. 


    NewsSourceCredit: NAN

  •  The Maritime and Offshore Award The OMIS is set to honour organisations and professionals who have distinguished themselves in the maritime sector The Chief Executive Officer of the OMIS Mr Femi Da silva made this known in a statement on Tuesday in Lagos Da silva said that the organisations were nominated by industry players due to their exemplary commitment to the progress of the sector The commitment is via investment community service technology innovation and other notable investments while impacting the environment positively They all deserve to be honoured to serve as an impetus for others to make sacrificial investments and impact in the maritime sector he said He said that organisations shortlisted in different categories for the Maritime and Offshore Award The OMIS 2022 were Samsung Heavy Industries SHIN Starzs Investment SIFAX Group and NLNG Ship Management Ltd NLSM Da silva said that others were Integrated Oil and Gas Brisktrade Comet Shipping APM Terminals OnePort365 Trucks Transit Parks Ltd Lloyd s Register and Nigerian Navy Organisations in the various corporate categories of the award are Niger Dock Shipside Dry Ltd Bureau Veritas American Bureau of Shipping BW Offshore Diolits Marine Services MEDLOG Transport amp Logistics Ocean Deep Services Ltd LTT Coastal amp Marine Services Ltd Also among are ENL Consortium Niger Benue Transport Company Ltd ECM Terminals Charkin Maritime Academy KOBO360 Peak Shipping Agency Bricks Limited Lead Way Assurance AIICO General Insurance NEM Insurance Allianz Nigeria Insurance he said Da silva noted that individuals nominated for the award are eminent maritime executives and professionals including Former Managing Director Nigerian Port Authority Adebayo Sarumi Former Minister of Interior Capt Emmanuel Iheanacho Chairman Starzs Investment Greg Ogbeifun Others he listed as President of the Nigerian Maritime Law Association Mrs Olufunke Agbor SAN Chief Executive Officer LADOL Dr Amy Jadesimi National President Women in Energy Oil and Gas WEOG Nigeria Dr Oladunni Owo A former Director General of the Nigerian Chamber of Shipping Mrs Ify Akerele also a member of the Panel of Judges for the Award expressed excitement over the growing visibility of the impact made in the maritime sector The award is part of all our collective achievement in the sector as it inspires more commitment to best practice so I encourage all to support the initiative she said The OMIS Award aims to serve as a catalyst for the continued development of the sector through the appreciation of the most silent but incredible work that is being done by stakeholders It aims to highlight innovations and achievements in the field as well as raise awareness and beam the searchlight on important issues that do not always get the attention they deserve and subsequently promote further improvement The award will hold on Sept 24 at the Lagos Oriental Hotel NewsSourceCredit NAN
    Maritime organisations, professionals for OMIS award
     The Maritime and Offshore Award The OMIS is set to honour organisations and professionals who have distinguished themselves in the maritime sector The Chief Executive Officer of the OMIS Mr Femi Da silva made this known in a statement on Tuesday in Lagos Da silva said that the organisations were nominated by industry players due to their exemplary commitment to the progress of the sector The commitment is via investment community service technology innovation and other notable investments while impacting the environment positively They all deserve to be honoured to serve as an impetus for others to make sacrificial investments and impact in the maritime sector he said He said that organisations shortlisted in different categories for the Maritime and Offshore Award The OMIS 2022 were Samsung Heavy Industries SHIN Starzs Investment SIFAX Group and NLNG Ship Management Ltd NLSM Da silva said that others were Integrated Oil and Gas Brisktrade Comet Shipping APM Terminals OnePort365 Trucks Transit Parks Ltd Lloyd s Register and Nigerian Navy Organisations in the various corporate categories of the award are Niger Dock Shipside Dry Ltd Bureau Veritas American Bureau of Shipping BW Offshore Diolits Marine Services MEDLOG Transport amp Logistics Ocean Deep Services Ltd LTT Coastal amp Marine Services Ltd Also among are ENL Consortium Niger Benue Transport Company Ltd ECM Terminals Charkin Maritime Academy KOBO360 Peak Shipping Agency Bricks Limited Lead Way Assurance AIICO General Insurance NEM Insurance Allianz Nigeria Insurance he said Da silva noted that individuals nominated for the award are eminent maritime executives and professionals including Former Managing Director Nigerian Port Authority Adebayo Sarumi Former Minister of Interior Capt Emmanuel Iheanacho Chairman Starzs Investment Greg Ogbeifun Others he listed as President of the Nigerian Maritime Law Association Mrs Olufunke Agbor SAN Chief Executive Officer LADOL Dr Amy Jadesimi National President Women in Energy Oil and Gas WEOG Nigeria Dr Oladunni Owo A former Director General of the Nigerian Chamber of Shipping Mrs Ify Akerele also a member of the Panel of Judges for the Award expressed excitement over the growing visibility of the impact made in the maritime sector The award is part of all our collective achievement in the sector as it inspires more commitment to best practice so I encourage all to support the initiative she said The OMIS Award aims to serve as a catalyst for the continued development of the sector through the appreciation of the most silent but incredible work that is being done by stakeholders It aims to highlight innovations and achievements in the field as well as raise awareness and beam the searchlight on important issues that do not always get the attention they deserve and subsequently promote further improvement The award will hold on Sept 24 at the Lagos Oriental Hotel NewsSourceCredit NAN
    Maritime organisations, professionals for OMIS award
    Economy5 months ago

    Maritime organisations, professionals for OMIS award

    The Maritime and Offshore Award (The OMIS) is set to honour organisations and professionals who have distinguished themselves in the maritime sector.

    The Chief Executive Officer of the OMIS, Mr Femi Da-silva, made this known in a statement on Tuesday in Lagos.

    Da-silva said that the organisations were nominated by industry players due to their exemplary commitment to the progress of the sector.

    “The commitment is via investment, community service, technology innovation, and other notable investments while impacting the environment positively.

    “They all deserve to be honoured to serve as an impetus for others to make sacrificial investments and impact in the maritime sector,” he said.

    He said that organisations shortlisted in different categories for the Maritime and Offshore Award (The OMIS) 2022 were Samsung Heavy Industries (SHIN), Starzs Investment, SIFAX Group and NLNG Ship Management Ltd (NLSM).

    Da-silva said that others were Integrated Oil and Gas, Brisktrade, Comet Shipping, APM Terminals, OnePort365, Trucks Transit Parks Ltd., Lloyd’s Register and Nigerian Navy. “Organisations in the various corporate categories of the award are Niger Dock, Shipside Dry Ltd., Bureau Veritas, American Bureau of Shipping, BW Offshore, Diolits Marine Services, MEDLOG Transport & Logistics, Ocean Deep Services Ltd, LTT Coastal & Marine Services Ltd. “Also among are ENL Consortium, Niger Benue Transport Company Ltd, ECM Terminals, Charkin Maritime Academy, KOBO360, Peak Shipping Agency, Bricks Limited, Lead Way Assurance, AIICO General Insurance, NEM Insurance, Allianz Nigeria Insurance,” he said.

    Da-silva noted that individuals nominated for the award are eminent maritime executives and professionals including Former Managing Director, Nigerian Port Authority, Adebayo Sarumi; Former Minister of Interior, Capt. Emmanuel Iheanacho; Chairman, Starzs Investment, Greg Ogbeifun.

    Others he listed as President of the Nigerian Maritime Law Association, Mrs Olufunke Agbor, SAN; Chief Executive Officer, LADOL, Dr Amy Jadesimi; National President, Women in Energy, Oil and Gas (WEOG) Nigeria, Dr Oladunni Owo. A former Director-General of the Nigerian Chamber of Shipping, Mrs Ify Akerele, also a member of the Panel of Judges for the Award, expressed excitement over the growing visibility of the impact made in the maritime sector.

    “The award is part of all our collective achievement in the sector as it inspires more commitment to best practice, so I encourage all to support the initiative,” she said.

    The OMIS Award aims to serve as a catalyst for the continued development of the sector through the appreciation of the most silent but incredible work that is being done by stakeholders.

    It aims to highlight innovations and achievements in the field as well as raise awareness and beam the searchlight on important issues that do not always get the attention they deserve, and subsequently promote further improvement.

    The award will hold on Sept. 24 at the Lagos Oriental Hotel.

    NewsSourceCredit: NAN

  •   The Minister for Forestry Fisheries and the Environment Ms Barbara Creecy published a notice in the Official Gazette on Friday 22nd July 2022 inviting the public to comment on the draft Biodiversity Management Plan BMP for the penguin African The public is invited to provide comments on the draft revision of the African Penguin BMP for continuation of ongoing and modified actions and consideration of new actions that aim to address emerging threats Actions and threats include improving where possible access to available food for African penguins population modeling to assess multiple threats to African penguins reviewing implementation and monitoring of predation management threats in the sea human induced stress and mitigation intervention in management processes implemented for ship to ship bunkering among others The Biodiversity Management Plan for the African Penguin was first published in 2013 due to the rapid decline of the species in the 20th century The African penguin is the only extant penguin in Africa and is endemic to both Namibia and South Africa This once most abundant South African seabird suffered a massive decline from over a million pairs in the 1920s to a current population of just over 10 400 pairs in 2021 It is currently listed as Endangered by the International Union for Conservation of Nature IUCN and under the Endangered or Protected Marine Species TOPMS Regulations published under the National Environmental Management Biodiversity Act NEM BA The objective of the 2013 African Penguin BMP was to halt population decline of African penguins in South Africa within two years of implementation of the management plan and subsequently achieve population growth that results in from the list of species in terms of their status on the IUCN Red List of Threatened Species The implementation of the African Penguin BMP actions was a cooperative effort with the managing authorities managing the African penguin breeding colonies the fisheries sector the South African National Biodiversity Institute SANBI as well as several non governmental organizations academic and research institutions Despite the successful implementation of many of the actions listed in the plan this was not achieved and African penguin populations have continued to decline albeit at a slower rate Members of the public are invited to submit their comments within 30 calendar days from July 22 2022 All representations and comments must be submitted in writing using one of the following methods By mail to The Deputy Director General Department of Forestry Fisheries and the Environment of Oceans and Coasts Private Bag X4390 Cape Town 8001 Attention Ms Millicent M Makoala Hand delivery The Deputy Director General Oceans and Coasts Department of Forestry Fisheries and Environment 1 East Pier Building East Pier Road V amp A Waterfront Cape Town Attention Ms Millicent M Makoala Email marinespecies dffe gov za link sends email To access the Gazette click on the following link https dffe gov za
    Minister Barbara Creecy invites comments on the draft biodiversity management plan for the African penguin
      The Minister for Forestry Fisheries and the Environment Ms Barbara Creecy published a notice in the Official Gazette on Friday 22nd July 2022 inviting the public to comment on the draft Biodiversity Management Plan BMP for the penguin African The public is invited to provide comments on the draft revision of the African Penguin BMP for continuation of ongoing and modified actions and consideration of new actions that aim to address emerging threats Actions and threats include improving where possible access to available food for African penguins population modeling to assess multiple threats to African penguins reviewing implementation and monitoring of predation management threats in the sea human induced stress and mitigation intervention in management processes implemented for ship to ship bunkering among others The Biodiversity Management Plan for the African Penguin was first published in 2013 due to the rapid decline of the species in the 20th century The African penguin is the only extant penguin in Africa and is endemic to both Namibia and South Africa This once most abundant South African seabird suffered a massive decline from over a million pairs in the 1920s to a current population of just over 10 400 pairs in 2021 It is currently listed as Endangered by the International Union for Conservation of Nature IUCN and under the Endangered or Protected Marine Species TOPMS Regulations published under the National Environmental Management Biodiversity Act NEM BA The objective of the 2013 African Penguin BMP was to halt population decline of African penguins in South Africa within two years of implementation of the management plan and subsequently achieve population growth that results in from the list of species in terms of their status on the IUCN Red List of Threatened Species The implementation of the African Penguin BMP actions was a cooperative effort with the managing authorities managing the African penguin breeding colonies the fisheries sector the South African National Biodiversity Institute SANBI as well as several non governmental organizations academic and research institutions Despite the successful implementation of many of the actions listed in the plan this was not achieved and African penguin populations have continued to decline albeit at a slower rate Members of the public are invited to submit their comments within 30 calendar days from July 22 2022 All representations and comments must be submitted in writing using one of the following methods By mail to The Deputy Director General Department of Forestry Fisheries and the Environment of Oceans and Coasts Private Bag X4390 Cape Town 8001 Attention Ms Millicent M Makoala Hand delivery The Deputy Director General Oceans and Coasts Department of Forestry Fisheries and Environment 1 East Pier Building East Pier Road V amp A Waterfront Cape Town Attention Ms Millicent M Makoala Email marinespecies dffe gov za link sends email To access the Gazette click on the following link https dffe gov za
    Minister Barbara Creecy invites comments on the draft biodiversity management plan for the African penguin
    Africa5 months ago

    Minister Barbara Creecy invites comments on the draft biodiversity management plan for the African penguin

    The Minister for Forestry, Fisheries and the Environment, Ms. Barbara Creecy, published a notice in the Official Gazette on Friday 22nd July 2022 inviting the public to comment on the draft Biodiversity Management Plan (BMP) for the penguin African.

    The public is invited to provide comments on the draft revision of the African Penguin BMP for continuation of ongoing and modified actions and consideration of new actions that aim to address emerging threats. Actions and threats include improving, where possible, access to available food for African penguins, population modeling to assess multiple threats to African penguins, reviewing implementation and monitoring of predation management, threats in the sea, human-induced stress and mitigation intervention in management processes implemented for ship-to-ship bunkering, among others.

    The Biodiversity Management Plan for the African Penguin was first published in 2013 due to the rapid decline of the species in the 20th century. The African penguin is the only extant penguin in Africa and is endemic to both Namibia and South Africa. This once most abundant South African seabird suffered a massive decline from over a million pairs in the 1920s to a current population of just over 10,400 pairs in 2021. It is currently listed as Endangered by the International Union for Conservation of Nature (IUCN) and under the Endangered or Protected Marine Species (TOPMS) Regulations published under the National Environmental Management: Biodiversity Act (NEM:BA).

    The objective of the 2013 African Penguin BMP was to “halt population decline of African penguins in South Africa within two years of implementation of the management plan and subsequently achieve population growth that results in from the list of species in terms of their status on the IUCN Red List of Threatened Species”.

    The implementation of the African Penguin BMP actions was a cooperative effort with the managing authorities managing the African penguin breeding colonies, the fisheries sector, the South African National Biodiversity Institute (SANBI), as well as several non-governmental organizations. , academic and research institutions. Despite the successful implementation of many of the actions listed in the plan, this was not achieved and African penguin populations have continued to decline, albeit at a slower rate.

    Members of the public are invited to submit their comments, within 30 calendar days from July 22, 2022. All representations and comments must be submitted, in writing, using one of the following methods:

    By mail to:

    The Deputy Director General: Department of Forestry, Fisheries and the Environment of Oceans and Coasts, Private Bag X4390, Cape Town, 8001

    Attention: Ms. Millicent M Makoala

    Hand delivery:

    The Deputy Director General: Oceans and Coasts, Department of Forestry, Fisheries and Environment, 1 East Pier Building, East Pier Road, V&A Waterfront, Cape Town,

    Attention: Ms. Millicent M Makoala

    Email: marinespecies@dffe.gov.za(link sends email)

    To access the Gazette, click on the following link: https://dffe.gov.za

  •  Market Capitalisation on the Nigerian bourse further closed on a negative position on Wednesday with the All Share Index ASI decreasing by 0 06 per cent to 51 556 54 from 51 586 5 on Wednesday Similarly the market capitalisation dropped by N16 15 billion to N27 79 trillion from N27 81 trillion recorded on Tuesday The Year to Date YTD return stood at 20 76 per cent The market breadth closed positive as 17 stocks advanced against 16 stocks that declined Academy Press recorded the highest price gain of 9 79 per cent to close at N1 57 per share Chi Plc followed with a gain of 8 70 per cent to close at 75k per share while Japaul Gold rose by 7 41 per cent to close at 29k per share UPDCreit rose by 4 35 per cent to close at N3 60 while Chams gained 4 17 per cent to close at 25k per share On the other hand NEM Insurance and Champion Breweries led the losers chart by 10 per cent each to close at N3 42 N3 60 per share respectively Union Bank depreciated by 9 76 per cent to close at N55 5 per share UPL followed with a decline of 8 91 per cent to close at N2 35 per share while RT Briscoe led loss by 7 50 per cent to close at 0 37 per share Meanwhile shares of CAP led the volume chart with 29 32 million shares valued at N499 95 million Transcorp followed with 15 55 million shares worth N19 59 million while Guaranty Trust Holding Company GTCO traded 13 11 million shares valued at N267 09 million UPDC traded 11 97 million shares valued at N14 62 million while United Bank for Africa UBA transacted 10 55 million shares worth N78 92 million Chams also sold 7 83 million shares at N11 94 million The total volume traded decreased to N1 44 billion from NGN2 57 billion on Tuesday and exchanged in 3 745 deals www nanews ng NewsSourceCredit NAN
    NGX: Equities market declines further by 0.06%
     Market Capitalisation on the Nigerian bourse further closed on a negative position on Wednesday with the All Share Index ASI decreasing by 0 06 per cent to 51 556 54 from 51 586 5 on Wednesday Similarly the market capitalisation dropped by N16 15 billion to N27 79 trillion from N27 81 trillion recorded on Tuesday The Year to Date YTD return stood at 20 76 per cent The market breadth closed positive as 17 stocks advanced against 16 stocks that declined Academy Press recorded the highest price gain of 9 79 per cent to close at N1 57 per share Chi Plc followed with a gain of 8 70 per cent to close at 75k per share while Japaul Gold rose by 7 41 per cent to close at 29k per share UPDCreit rose by 4 35 per cent to close at N3 60 while Chams gained 4 17 per cent to close at 25k per share On the other hand NEM Insurance and Champion Breweries led the losers chart by 10 per cent each to close at N3 42 N3 60 per share respectively Union Bank depreciated by 9 76 per cent to close at N55 5 per share UPL followed with a decline of 8 91 per cent to close at N2 35 per share while RT Briscoe led loss by 7 50 per cent to close at 0 37 per share Meanwhile shares of CAP led the volume chart with 29 32 million shares valued at N499 95 million Transcorp followed with 15 55 million shares worth N19 59 million while Guaranty Trust Holding Company GTCO traded 13 11 million shares valued at N267 09 million UPDC traded 11 97 million shares valued at N14 62 million while United Bank for Africa UBA transacted 10 55 million shares worth N78 92 million Chams also sold 7 83 million shares at N11 94 million The total volume traded decreased to N1 44 billion from NGN2 57 billion on Tuesday and exchanged in 3 745 deals www nanews ng NewsSourceCredit NAN
    NGX: Equities market declines further by 0.06%
    Economy5 months ago

    NGX: Equities market declines further by 0.06%

    Market Capitalisation on the Nigerian bourse further closed on a negative position on Wednesday with the All-Share Index (ASI) decreasing by 0.06 per cent to 51,556.54 from 51,586.5 on Wednesday.

    Similarly, the market capitalisation dropped by N16.15 billion to N27.79 trillion from N27.81 trillion recorded on Tuesday.

    The Year-to-Date (YTD) return stood at 20.76 per cent.

    The market breadth closed positive as 17 stocks advanced against 16 stocks that declined.

    Academy Press recorded the highest price gain of 9.79 per cent to close at N1.57 per share.

    Chi Plc followed with a gain of 8.70 per cent to close at 75k per share, while Japaul Gold rose by 7.41 per cent to close at 29k per share.

    UPDCreit rose by 4.35 per cent to close at N3.60 while Chams gained 4.17 per cent to close at 25k per share.

    On the other hand, NEM Insurance and Champion Breweries led the losers’ chart by 10 per cent each to close at N3.42, N3.60 per share, respectively.

    Union Bank depreciated by 9.76 per cent to close at N55.5 per share.

    UPL followed with a decline of 8.91 per cent to close at N2.35 per share, while RT Briscoe led loss by 7.50 per cent to close at 0.37 per share.

    Meanwhile, shares of CAP led the volume chart with 29.32 million shares valued at N499.95 million.

    Transcorp followed with 15.55 million shares worth N19.59 million, while Guaranty Trust Holding Company (GTCO) traded 13.11 million shares valued at N267.09 million.

    UPDC traded 11.97 million shares valued at N14.62 million, while United Bank for Africa (UBA) transacted 10.55 million shares worth N78.92 million.

    Chams also sold 7.83 million shares at N11.94 million.

    The total volume traded decreased to N1.44 billion from NGN2.57 billion on Tuesday and exchanged in 3,745 deals.
    (www.nanews.ng)

    NewsSourceCredit: NAN

  •  Trading on the Nigerian bourse closed positive on Friday with the All Share Index ASI increasing by 0 17 to close at 52 908 24 from 52 815 78 on Thursday Similarly market capitalisation increased by N49 billion to N28 523 trillion from N28 474 trillion recorded on Thursday The Year to Date YTD returns increased to 23 86 per cent The market breadth closed positive as 22 stocks advanced against 16 stocks that declined NEM Insurance recorded the highest price gain of 9 95 per cent to close at N4 20 per share Chams followed with a gain of 9 09 per cent to close at 24k per share while Champion Breweries rose by 8 06 per cent to close at N3 89 per share Nigerian Breweries rose by 7 06 per cent to close at N63 70 while Eterna Oil gained 6 65 per cent to close at N7 70 per share On the other hand UPDC Real Estate Investment Trust UPDCreit led the losers chart by 9 33 per cent to close at N3 40 per share WAPIC declined by 4 55 per cent to close at 42k while UACN depreciated by 4 35 per cent to close at N11 per share Caverton followed with a decline of 3 36 per cent to close at N1 15 per share while International Breweries led lost 3 33 per cent to close at N7 25 per share Meanwhile shares of UACN led the volume chart with 73 89 million shares valued at N812 9 million First Bank Nigeria Holdings FBNH followed with 53 13 million shares worth N596 76 million while Transcorp traded 43 91 million shares valued at N56 36 million UPDCreit traded 12 42 million shares valued at N43 38 million while Zenith Bank transacted 9 76 million shares worth N228 47 million The total volume traded increased by 3 11 per cent to 282 97 million units valued at NGN3 37 billion exchanged in 4 245 deals NAN
    Stock market closes positive, index gains 0.17%
     Trading on the Nigerian bourse closed positive on Friday with the All Share Index ASI increasing by 0 17 to close at 52 908 24 from 52 815 78 on Thursday Similarly market capitalisation increased by N49 billion to N28 523 trillion from N28 474 trillion recorded on Thursday The Year to Date YTD returns increased to 23 86 per cent The market breadth closed positive as 22 stocks advanced against 16 stocks that declined NEM Insurance recorded the highest price gain of 9 95 per cent to close at N4 20 per share Chams followed with a gain of 9 09 per cent to close at 24k per share while Champion Breweries rose by 8 06 per cent to close at N3 89 per share Nigerian Breweries rose by 7 06 per cent to close at N63 70 while Eterna Oil gained 6 65 per cent to close at N7 70 per share On the other hand UPDC Real Estate Investment Trust UPDCreit led the losers chart by 9 33 per cent to close at N3 40 per share WAPIC declined by 4 55 per cent to close at 42k while UACN depreciated by 4 35 per cent to close at N11 per share Caverton followed with a decline of 3 36 per cent to close at N1 15 per share while International Breweries led lost 3 33 per cent to close at N7 25 per share Meanwhile shares of UACN led the volume chart with 73 89 million shares valued at N812 9 million First Bank Nigeria Holdings FBNH followed with 53 13 million shares worth N596 76 million while Transcorp traded 43 91 million shares valued at N56 36 million UPDCreit traded 12 42 million shares valued at N43 38 million while Zenith Bank transacted 9 76 million shares worth N228 47 million The total volume traded increased by 3 11 per cent to 282 97 million units valued at NGN3 37 billion exchanged in 4 245 deals NAN
    Stock market closes positive, index gains 0.17%
    Economy6 months ago

    Stock market closes positive, index gains 0.17%

    Trading on the Nigerian bourse closed positive on Friday with the All-Share Index (ASI) increasing by 0.17% to close at 52,908.24 from 52,815.78 on Thursday.

    Similarly, market capitalisation increased by N49 billion to N28.523 trillion from N28.474 trillion recorded on Thursday.

    The Year-to-Date (YTD) returns increased to 23.86 per cent.

    The market breadth closed positive as 22 stocks advanced against 16 stocks that declined.

    NEM Insurance recorded the highest price gain of 9.95 per cent to close at N4.20 per share.

    Chams followed with a gain of 9.09 per cent to close at 24k per share, while Champion Breweries rose by 8.06 per cent to close at N3.89 per share.

    Nigerian Breweries rose by 7.06 per cent to close at N63.70 while Eterna Oil gained 6.65 per cent to close at N7.70 per share.

    On the other hand, UPDC Real Estate Investment Trust (UPDCreit) led the losers’ chart by 9.33 per cent to close at N3.40 per share.

    WAPIC declined by 4.55 per cent to close at 42k while UACN depreciated by 4.35 per cent to close at N11 per share.

    Caverton followed with a decline of 3.36 per cent to close at N1.15 per share, while International Breweries led lost 3.33 per cent to close at N7.25 per share.

    Meanwhile, shares of UACN led the volume chart with 73.89 million shares valued at N812.9 million.

    First Bank Nigeria Holdings (FBNH)  followed with 53.13 million shares worth N596.76 million, while Transcorp traded 43.91 million shares valued at N56.36 million.

    UPDCreit traded 12.42 million shares valued at N43.38 million, while Zenith Bank transacted 9.76 million shares worth N228.47 million.

    The total volume traded increased by 3.11 per cent  to 282.97 million units, valued at NGN3.37 billion exchanged in 4,245 deals.

    (NAN)

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