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Concessioning, conversion of truck parks to offices, fueled Apapa gridlock – Okey Ibeke

Apapa

THE concession exercise embarked upon by the Federal Government and the conversion of truck parks to offices by some private businesses has been blamed for contributing immensely to the traffic gridlock along the Apapa port axis.

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Presco Plc: Investors reward good performance

Wading through the bearish market sentiment for most trading days in 2016, investors have amply rewarded good performance in Presco Plc.
The company had turned in impressive first half 2016, H1’16, results on July 29, 2016 with stellar performance in both topline and bottomline. Consequently, the market rewarded the stock with almost 5.0 per cent gains in the first post-result trading day.

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