Connect with us

Economy

Lafarge, Dangote Cement, Others Add N112b to Market Capitalisation

Published

on

By Modupe Gbadeyanka

At the close of trading activities on the floor of the Nigerian Stock Exchange (NSE) on Friday, the market capitalisation increased further by N112 billion, closing at N11.73 trillion, compared with N11.61 trillion achieved on Thursday, Business Post reports.

The volume and value of shares transacted by investors finish higher, with a total of 378.2 million shares traded at N5.1 billion in 4,516 deals, in sharp contrast to 191.4 million equities exchanged yesterday worth N2.2 billion executed in 3,718 deals.

The All-Share Index (ASI) advanced by 324.54 points to settle at 34,020.37 points, pushing the YTD Gain to 26.59 percent.

Lafarge topped the gainers’ log today after adding N5.40k to its share price to close at N60 per share, while Dangote Cement moved up by N3 to finish at N212 per share.

Zenith Bank gained 90k to settle at N22.95k per share, Total appreciated by 88k to finish at N256.99k per share, and PZ Cussons grew by 75k to end at N22 per share.

On the other hand, Nestle drowned by N2 to close at N918 per share, and Nigerian Breweries sank by N1.35k to end at N159 per share.

Also, Berger Paints declined by 35k to end at N6.77k per share, Presco went down by 32k to finish at N61 per share, while Union Bank of Nigeria depreciated by 17k to settle at N5.30k per share.

Banking stocks remained investors’ toast on Friday with Access Bank accounting for 115.8 million shares traded at N1.2 billion.

Furthermore, Zenith Bank exchanged 39.4 million shares worth N888.4 million, while UBA transacted 36.6 million shares valued at N328.3 million.

GTBank sold 27.6 million shares worth N1.03 billion today, while Skye Bank transacted 20 million shares valued at N14.8 million.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

Click to comment

Leave a Reply

Economy

Commerce Dot Com Celebrates Landmark Feat with Triple Gold Victory at MPRA 2024

Published

on

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 4 December 2024 – Commerce Dot Com Sdn. Bhd. (CDC) achieved an extraordinary milestone at the Malaysia Public Relations Awards (MPRA) 2024, taking home an unprecedented three gold awards for its outstanding campaigns. This landmark victory underscores CDC’s leadership in corporate communications and its unwavering commitment to excellence, ethics, and innovation. These accolades highlight CDC’s dedication to crafting narratives that champion ethics, innovation, and inclusivity in corporate communications.

CDC secured the Gold Award in the Public Affairs category for its Strong Ethics Nurture Integrity (SENI) campaign, which aimed to address procurement challenges and promote ethical practices.
CDC secured the Gold Award in the Public Affairs category for its Strong Ethics Nurture Integrity (SENI) campaign, which aimed to address procurement challenges and promote ethical practices.

The three awards were presented for the following submissions:

1. Best Use of Content – Gold Award
This campaign showcased CDC’s 25-year journey through a collaboration with neurodivergent artist Danial Khushairi. His artwork brought CDC’s transformation from pioneering Malaysia’s ePerolehan system to being a technological leader to life. By leveraging Danial’s art across branded merchandise, a microsite, and social media platforms, the campaign embodied CDC’s commitment to inclusivity and sustainability while capturing the essence of its growth and achievements.

2. Employee Communications- Gold Award
CDC breaks the stereotype of IT workers by instilling values that foster camaraderie, health, and a spur of adventure. Through their company values, CDC has nurtured an active workforce, engaging in events like ‘CDC Strides and an expedition to Kilimanjaro. Employees connected beyond the office, supporting communities, and living out values di collaboration and integrity. These efforts have not only strengthened CDC’s culture but also enhanced its brand visibility, making its 25th-anniversary celebration a milestone of unity, health, and appreciation for the outdoors.

3. Public Affairs – Gold Award
Aimed at addressing procurement challenges and promoting ethical practices, CDC’s Strong Ethics Nurture Integrity campaign featured the National Procurement Conference (NPC) 2024. Organized in collaboration with MICG and supported by MACC, the event brought together over 400 procurement professionals to discuss integrity and governance. Internally, CDC reinforced its message through sustained communication efforts, ensuring both staff and external stakeholders embraced the campaign’s core values.

These recognitions follow CDC’s long-standing commitment to championing ethical practices, aligning with its vision of fostering transparency and accountability across the procurement landscape.

“Our success at MPRA 2024 reflects the incredible dedication and creativity of our CCM team,” said Hafidz Bin Ahmad Zehnun, Vice President of Corporate Planning & CCM. “To win three golds in one night is an extraordinary achievement and reflects CDC’s commitment to excellence and integrity at every level. This recognition inspires us to continue raising the bar as we lead with purpose and innovation.”

As CDC celebrates its 25th anniversary, these accolades reaffirm the company’s enduring mission to lead with integrity and innovation, setting new benchmarks for excellence in corporate communications and public affairs.

Hashtag: #business #corporate #cdc #integrity #transparency #campaign #commercedotcom #cdc #publicaffairs #employeecommunications




The issuer is solely responsible for the content of this announcement.

About Commerce Dot Com Sdn Bhd

Established in 1999 as a procurement solutions provider, Commerce Dot Com Sdn. Bhd. (CDC) is a government-linked company under the Ministry of Finance whereby the ministry’s corporate arm, Ministry of Finance (Incorporated), holds a golden share in the company. With over 20 years of experience under its belt, CDC has established itself as among the leading procurement solutions providers in Malaysia and has a well-earned reputation for providing exceptional services through its innovative solutions.

Continue Reading

Economy

Commerce Dot Com Celebrates Landmark Feat with Triple Gold Victory at MPRA 2024

Published

on

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 4 December 2024 – Commerce Dot Com Sdn. Bhd. (CDC) achieved an extraordinary milestone at the Malaysia Public Relations Awards (MPRA) 2024, taking home an unprecedented three gold awards for its outstanding campaigns. This landmark victory underscores CDC’s leadership in corporate communications and its unwavering commitment to excellence, ethics, and innovation. These accolades highlight CDC’s dedication to crafting narratives that champion ethics, innovation, and inclusivity in corporate communications.

CDC secured the Gold Award in the Public Affairs category for its Strong Ethics Nurture Integrity (SENI) campaign, which aimed to address procurement challenges and promote ethical practices.
CDC secured the Gold Award in the Public Affairs category for its Strong Ethics Nurture Integrity (SENI) campaign, which aimed to address procurement challenges and promote ethical practices.

The three awards were presented for the following submissions:

1. Best Use of Content – Gold Award
This campaign showcased CDC’s 25-year journey through a collaboration with neurodivergent artist Danial Khushairi. His artwork brought CDC’s transformation from pioneering Malaysia’s ePerolehan system to being a technological leader to life. By leveraging Danial’s art across branded merchandise, a microsite, and social media platforms, the campaign embodied CDC’s commitment to inclusivity and sustainability while capturing the essence of its growth and achievements.

2. Employee Communications- Gold Award
CDC breaks the stereotype of IT workers by instilling values that foster camaraderie, health, and a spur of adventure. Through their company values, CDC has nurtured an active workforce, engaging in events like ‘CDC Strides and an expedition to Kilimanjaro. Employees connected beyond the office, supporting communities, and living out values di collaboration and integrity. These efforts have not only strengthened CDC’s culture but also enhanced its brand visibility, making its 25th-anniversary celebration a milestone of unity, health, and appreciation for the outdoors.

3. Public Affairs – Gold Award
Aimed at addressing procurement challenges and promoting ethical practices, CDC’s Strong Ethics Nurture Integrity campaign featured the National Procurement Conference (NPC) 2024. Organized in collaboration with MICG and supported by MACC, the event brought together over 400 procurement professionals to discuss integrity and governance. Internally, CDC reinforced its message through sustained communication efforts, ensuring both staff and external stakeholders embraced the campaign’s core values.

These recognitions follow CDC’s long-standing commitment to championing ethical practices, aligning with its vision of fostering transparency and accountability across the procurement landscape.

“Our success at MPRA 2024 reflects the incredible dedication and creativity of our CCM team,” said Hafidz Bin Ahmad Zehnun, Vice President of Corporate Planning & CCM. “To win three golds in one night is an extraordinary achievement and reflects CDC’s commitment to excellence and integrity at every level. This recognition inspires us to continue raising the bar as we lead with purpose and innovation.”

As CDC celebrates its 25th anniversary, these accolades reaffirm the company’s enduring mission to lead with integrity and innovation, setting new benchmarks for excellence in corporate communications and public affairs.

Hashtag: #business #corporate #cdc #integrity #transparency #campaign #commercedotcom #cdc #publicaffairs #employeecommunications




The issuer is solely responsible for the content of this announcement.

About Commerce Dot Com Sdn Bhd

Established in 1999 as a procurement solutions provider, Commerce Dot Com Sdn. Bhd. (CDC) is a government-linked company under the Ministry of Finance whereby the ministry’s corporate arm, Ministry of Finance (Incorporated), holds a golden share in the company. With over 20 years of experience under its belt, CDC has established itself as among the leading procurement solutions providers in Malaysia and has a well-earned reputation for providing exceptional services through its innovative solutions.

Continue Reading

Economy

The Top Workplaces in Saudi Arabia for 2024 Announced

Published

on

RIYADH, SAUDI ARABIA – Media OutReach Newswire – 4 December 2024 – The prestigious Best Places to Work certification program has revealed its 2024 rankings, recognizing leading organizations in Saudi Arabia that excel in creating outstanding workplaces focused on employee satisfaction, engagement, and well-being. The rankings are divided into three categories based on company size: large, mid-sized, and small.

In the Large Companies category (over 1,000 employees), Roshn secured the top position for its commitment to fostering an inclusive and engaging work culture. It was followed by the Royal Commission for AlUla, dedicated to preserving Saudi Arabia’s cultural heritage, and International Maritime Industries, a leader in the maritime sector. Other companies in the top 10 include Panda, Saudi Air Navigation Services, Extra, Jana MS, Bindawood, Gasco, and Saudia Technic.

In the Mid-Sized Companies category (101–1,000 employees), First Milling Company led the rankings, recognized for its role in Saudi Arabia’s food sector. Pfizer Saudi, a leading biopharmaceutical company, and Matarat Holding, focused on aviation and airport operations, took second and third places, respectively. Xerox Saudi and Al Rugaib Holding rounded out the top five, with additional companies like the Islamic Development Bank, Bidaya Finance, and Saudia Cargo included in the top 18.

For Small Companies (fewer than 100 employees), Alnahdi Family Office ranked first, followed by Saudi Downtown Company and Al Ramz. Falak Investment Hub, supporting entrepreneurs and startups, and AXS, a leader in IT consulting, completed the top five. Other recognized companies include Emkan Education, Madar, and Aseer Investment.

Special awards were given to organizations demonstrating excellence in areas like diversity, employee well-being, and HR practices. Resal was honored for its well-being initiatives, while Modern Building Leaders received recognition for exceptional HR practices.

This year’s survey revealed that 80% of employees at certified organizations feel pride in their work, inspired by leadership, and positive about their company’s community contributions. The study also highlighted that the new generation of Saudi talent values growth opportunities, equity, diversity, inclusion, and individuality.

For more information, visit: www.bestplacestoworkfor.org.
Hashtag: #BestPlacestoWork

The issuer is solely responsible for the content of this announcement.

Continue Reading

Trending