Benue NUJ gets new exco
Few months after the sacking of the state Working Committee members over alleged corrupt practices, a new leadership was, weekend, elected for the Benue State council of the Nigeria Union of Journalists, NUJ, with the Sports Editor of the state-owned Voice Newspaper, Mr. Chris Atsaka, emerging as the new council Chairman.
Group seeks investment opportunity in Nigeria
Investors from six Latin American & Caribbean countries have called on the Nigeria Investment Promotion Commission (NIPC) to give them the opportunity to invest in Nigeria.
TOP TEN GAINERS AND LOSERS
Fourty-nine stocks depreciated in price during the week, lower than the 58 of the preceding week. Guinness Nigeria Plc led on the price losers’ table, dropping by N10.13 or 5 per cent to close at N192.62 per share, Oando Plc followed with a loss of N3.00 or 4.29 per cent to close at N67.00 per share and Unilever Nigeria Plc dipped by 2.46 or 8.2 per cent to close at N27.54 per share.
Profit takers drag market indicators down by 0.17%
Activities in the stock market crawled last week as market indicators for measuring performance indices, the market capitalisation and the All- Share Index declined by 0.17 per cent each.
Scarcity of funds intensifies as Naira sheds 100k
Scarcity of funds intensified in the interbank money market last week as the market experienced outflow of about N200 billion which countered the effect of the N285 billion inflows from statutory allocations.
Banks’ debtors devise tactics to avoid repayment
Banks’ debtors have devised new tactics to avoid repayment, a development generating concerns in the industry.
