Connect with us


Business

NGX Rebounds as Investors See ₦178 Billion Gains – Market Recovers Strongly

Published

NGX Rebounds as Investors See ₦178 Billion Gains – Market Recovers Strongly, Investors’ renewed interest in Guaranty Trust Holding Company(GTCO), FBN Holdings, Access Corporation, Nestle, Transnational Corporation, and Oando Plc, among other advanced equities drove the market up.

The market capitalisation, having opened at ₦55.576 trillion, added ₦178 billion or 0.32% to close at ₦55.754 trillion.

Advertisement

The All-Share Index also rose by 0.32% or 310 points to settle at 97,025.17 points, against 96,715.04 points recorded on Wednesday.

Consequently, the Year-To-Date (YTD) return rose by 29.76%.

Advertisement

Market breadth also closed positive with 27 gainers and 22 losers on the floor of the Exchange.

On the gainers’ chart, FBN Holdings and Caverton led by 10% each to close at ₦26.40 and ₦2.31 per share respectively.

Flour Mill trailed closely by 9.99% to close at ₦49.55, RT Briscoe gained 9.93% to close at ₦3.32, while Nestle advanced by 9.88% to close at N890 per share.

Advertisement

On the losers’ chart, Daar Communications led by 8.86% to close at 72k, Eterna Plc followed by 8.14% to close at ₦32.15 per share.

Universal Insurance lost 7.69% to close at 36k, Sovereign Trust Insurance declined by 5.97% to close at 63k and International Breweries shed 5.32% to close at ₦4.45 per share.

Advertisement

Analysis of the market activities showed that trade turnover settled lower relative to the previous session, with the value of transactions down by 9.44%.

390.55 million shares valued at ₦7.97 billion were exchanged in 9,615 deals, compared to 600.04 million shares valued at ₦8.81 billion in 9,546 deals traded in the previous session.

Meanwhile, Access Corporation led the activity chart in volume and value with 80.05 million shares traded in deals worth ₦1.48 billion.

Advertisement

Turo247News is on WhatsApp!

CLICK HERE TO JOIN

Share News with us via Email: turo247newz.com@gmail.com

Join Our Social Media Channels
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Business

Akwa Ibom Chief Judge pardons 55 awaiting trial inmates

Published

on

Ekaette Fabian Obot

Akwa Ibom State Chief Judge, Ekaette Fabian Obot has pardoned 55 awaiting trial inmates following a review of their cases

read more Akwa Ibom Chief Judge pardons 55 awaiting trial inmates


Turo247News is on WhatsApp!

CLICK HERE TO JOIN

Share News with us via Email: turo247newz.com@gmail.com

Join Our Social Media Channels
Continue Reading

Business

Healthcare breakthroughs transforming wellbeing in Nigeria

Published

on

33cced93 91a9 4c9a b99c f5e909d6c015

Advances in technology and improved practices in disease management are resulting in better treatment options and expanded access to care. Recent progress in telemedicine, diagnostics, and local pharmaceutical production are contributing to more reliable and effective health services.

Government and private sector initiatives are working together to address long-standing challenges such as funding and infrastructure.

As these improvements continue to develop, the overall quality of care rises, benefiting patients across urban and rural areas. This guide examines 5 areas where advances shape wellbeing in Nigeria.

ALSO READ: India to invest in Nigeria’s healthcare sector

Advertisement
  • Telemedicine and Remote Consultations

    Telemedicine services are expanding access to healthcare in both urban and rural settings. Remote consultations via video calls and mobile applications allow patients to receive timely medical advice without the need for travel. This development eases pressure on physical healthcare facilities and improves service delivery, particularly in areas with limited medical infrastructure.

  • Enhanced Diagnostic Technologies

    Recent improvements in diagnostic equipment and testing methods have led to quicker and more accurate detection of diseases. Locally developed diagnostic kits are now more affordable and accessible, enabling early intervention for conditions such as malaria, diabetes, and hypertension. These enhancements contribute to better treatment outcomes and improved public health management.

    Advertisement
  • Growth in Local Pharmaceutical Production

    There is a strong move toward increasing the production of essential medicines within Nigeria. By investing in local manufacturing, the healthcare system reduces its reliance on imported drugs, lowers costs, and ensures a steadier supply of quality medications. This focus on domestic production supports treatment efficacy and contributes to overall health system resilience.

EXPLORE: Medical expert warns bottled water, soft drinks left in sun may cause cancer

  • Healthcare System Reforms

    Advertisement

    Government initiatives are actively working to improve healthcare delivery through reforms aimed at strengthening infrastructure, increasing funding, and expanding insurance coverage. These measures target persistent challenges such as workforce shortages and inadequate primary care facilities, leading to a more efficient and accessible healthcare system for all Nigerians.

  • Public-Private Partnerships in Health

    Collaborative efforts between government bodies and private organizations are driving improvements in healthcare services. Joint investments in training, research, and infrastructure development have enhanced service quality and extended reach. These partnerships foster a shared commitment to sustainable healthcare improvements, benefiting communities nationwide.

Collectively, these developments enhance healthcare delivery and ensure better access to effective and affordable care for Nigerians. Continued support for these initiatives is essential for achieving long-term improvements in public health.

Advertisement

RECOMMENDED: FULL LIST: FG approves free maternal care in 154 hospitals nationwide


Turo247News is on WhatsApp!

CLICK HERE TO JOIN

Share News with us via Email: turo247newz.com@gmail.com

Join Our Social Media Channels
Continue Reading

Business

Pastor Enenche leads prayers of divine intervention as Soludo seeks religious leaders’ support

Published

on

Untitled design 2025 03 16T065951.625 1

Paul Enenche, the senior pastor of Dunamis International Gospel Centre, is leading prayers of divine intervention in Anambra state as

read more Pastor Enenche leads prayers of divine intervention as Soludo seeks religious leaders’ support


Turo247News is on WhatsApp!

CLICK HERE TO JOIN

Share News with us via Email: turo247newz.com@gmail.com

Join Our Social Media Channels
Continue Reading