Business
AIICO Drives Market By Volume
AIICO drove market by volume at the end of transactions on the floor of the Nigerian Stock Exchange yesterday.
The company led the top 10 by volume chart when it traded a total of 11,291,498 shares worth N4.9 million in 113 deals.
BAGCO followed when a total of 16,932,314 shares worth N39.5 million in 2557 deals was bought by investors.
The next in the top 10 by volume chart was Fidelity bank with a total of 19,029,104 shares worth N63.7 million in 240 deals.
GTASSURE also made it to the table with a total of 18,725,767 shares worth 63.6 million in 67 deals.
In the previous day, the bank also made the top 10 by volume chart, when it traded a total of 45,557,078 shares worth N155.4 million in 118 deals.
JAPAUL Oil made the top 10 by volume chart when it sold 22,840,880 shares worth N38.3 million in 385 deals to investors.
Also NEM came up in the top 10 by volume chart with the total of 11,798,506 shares worth N7.1 million in 70 deals.
UBA also made the top 10 by volume chart, selling a total of 13,629,008 shares worth 199.7 million in 293 deals.
The bank on Wednesday made it with a total of 57,699,661 shares worth 882.8 milliokn in 500 deals.
UNIC was also one of the banks that made the top 10 by volume chart with a total of 11,810,650 shares worth N9.5 million in 19 deals.
The last in the top 10 by volume chart was Zenith bank with a total of 13,297,163 shares worth N253.8 million in 375 deals.
The bank also in the previous day made the top 10 by volume chart when it traded a total of 44,237,815 shares worth N847.6 million in 716 deals.
Tombo Ibiye
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.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
