Business
FCMB Top Gainers Chart … As Zenith Loses
Chidi Kalu/Njideka Muaneke
At the close of trade on the floor of the Nigerian Stock Exchange (NSE) last Friday, a total of 6,466 deals was recorded which was valued at N2.9 billion with a total index market capitalization of 22,968.21. At the Top 10 Volume chart, First City Monument Bank (FCMB) came top with 62 deals, valued at N1,277,836,623.91, having a volume of 178,753,388.
Guaranty Trust Bank (GTB) followed with a total deal of 525 which was valued at N164,554,232.04, while United Bank for Africa (UBA) closed rank with a total value of N148,970.740.68 on 62 deals.
Access Bank finished fourth with 220 deals, valued at N94,082,644.04 and 13,611, 545 being the volume traded. Fidelity Bank went home with N73,312,301.87, recording a total deal of 277.
Oceanic Bank smiled home at the close of trade with the sum of N46,663,553.05 as the value traded, having 323 deals and the volume of 11,571.131.
Transcorp Plc finished seventh on the list with 160 deals, which is being valued at N34,969,548.37.
Continental Insurance Plc went home with N22,550,641.06 on 18 deals, and was followed closely by First Inland Bank on 59 deals, valued at N22,232,030.69.
Capital Hotel closed the top 10 list with 11 deals, valued at N13.9 million.
GlaxoSmith opened the gainers chart with 23.99 and closed at 22.18 having a change of 1.19, followed by UAC-prop which opened the floor with 21 and closed at 22.05 with a change of 1.05. NBC opened with 19.89 as against 20.88 with a change of 0.99, while CCNM follow suit with 12.1 as against 12.7, having a change of 0.6.
Other gainers at the close of trade on Friday include IBTC, RT Briscoe, Vita form, Oceanic Bank, Becopetro, Leventis, Custodian Insurance, Fidelity Bank, Red Star Express, Wema Bank, UN Homes, Crusader, United Bank, Japaul Oil etc.
Business
FEC Approves Concession Of Port Harcourt lnt’l Airport
Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
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