Economy
Investors Trade N2.9bn Stocks as NSE Index Rises 0.29%
By Dipo Olowookere
There was an improvement in the level of activity at the Nigerian Stock Exchange (NSE) as the low prices of equities attracted investors to the market.
This led to the 49.47 percent increase in the volume of trades, 19.65 percent growth in the value of transactions and 28.04 percent rise in the number of deals executed by market participants.
At the market yesterday, a total of 331.0 million stocks valued at N2.9 billion exchanged hands in 5,544 deals compared with 221.4 million equities worth N2.5 billion transacted in 4,330 deals at the previous session.
These trades were mainly from the banking and industrial goods sector. Access Bank was the most attractive to investors, trading 83.6 million units worth N522.8 million.
Zenith Bank traded 54.9 million shares valued at N842.9 million, Sterling Bank transacted 33.7 million equities for N43.4 million, FBN Holdings exchanged 20.5 million shares valued at N101.1 million, while Lafarge Africa traded 16.2 million units for N182.8 million.
Business Post reports that bargain hunting witnessed yesterday lifted the market by 0.29 percent and pushed the All-Share Index (ASI) higher by 70.42 points to 23,941.75 points from 23,871.33 points. It also increased the market capitalisation by N481 billion to N2.929 trillion from N2.448 trillion.
A look at the sectoral performance showed that the gains of yesterday were boosted by industrial goods, which grew by 0.94 percent, and the banking sector, which rose by 0.51 percent.
The consumer goods index fell on Monday by 1.41 percent, insurance counter lost 1.08 percent, while the oil/gas space depreciated marginally by 0.08 percent.
On the price movement chart, there were 25 price gainers and 13 price losers, with Okomu Oil closing as the highest price gainer with a price appreciation of N5.50 to settle at N60.55 per share.
MTN Nigeria grew by N1.50 to close at N111 per unit, Unilever Nigeria gained N1 to sell at N13.70 per share, Lafarge Africa appreciated by 65 kobo to quote at N11.35 per unit, while GlaxoSmithKline improved by 45 kobo to trade at N6.80 per unit.
On the losers’ chart, Guinness Nigeria led the log with a price depreciation of 50 kobo to settle at N17 per share, while May & Baker declined by 12 kobo to sell at N3 per unit.
Ecobank went down by 10 kobo to sell at N4.90 per share, Fidelity Bank deflated by 6 kobo to N1.74 per share, while FBN Holdings decreased by 5 kobo to quote at N4.90 per unit.
Economy
Commerce Dot Com Celebrates Landmark Feat with Triple Gold Victory at MPRA 2024
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
https://www.commercedc.com.my
https://www.linkedin.com/company/commercedotcom/mycompany/
https://www.facebook.com/profile.php?id=61558998332392
https://www.instagram.com/commercedotcomm/
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.
Economy
Commerce Dot Com Celebrates Landmark Feat with Triple Gold Victory at MPRA 2024
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
https://www.commercedc.com.my
https://www.linkedin.com/company/commercedotcom/mycompany/
https://www.facebook.com/profile.php?id=61558998332392
https://www.instagram.com/commercedotcomm/
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.
Economy
The Top Workplaces in Saudi Arabia for 2024 Announced
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.
-
Feature/OPED5 years ago
Davos was Different this year
-
Travel/Tourism8 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz2 years ago
Estranged Lover Releases Videos of Empress Njamah Bathing
-
Banking6 years ago
Sort Codes of GTBank Branches in Nigeria
-
Economy1 year ago
Subsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking2 years ago
First Bank Announces Planned Downtime
-
Sports2 years ago
Highest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn
-
Technology4 years ago
How To Link Your MTN, Airtel, Glo, 9mobile Lines to NIN