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Welcome to the AllNews roundup of the 5 Latest Business News that made the round last week.
NGX Market Capitalisation Increases By N192bn On NGX Group Listing
The Nigerian Exchange Group (NGX Group) listing lifted the market capitalisation of Nigerian Exchange Ltd (NGX) by N192 billion.
The News Agency of Nigeria (NAN) reports that NGX Group listed a total of 1.96 billion shares at N16.15 per share by way of introduction on the NGX on Friday. Read more here.
Lafarge Africa Unveils Diamond Club For Loyal Customers
Lafarge Africa Plc has announced the launch of its Diamond Club created to reward and recognise trade partners who have consistently delivered big volumes of the company’s products to customers and end-users.
The Chairman of Lafarge Africa, Prince Adebode Adefioye, disclosed this in a statement on Wednesday in Lagos. Read more here.
Ganduje Sends N33.8bn Supplementary Budget To Assembly
Ganduje Presents 2021 supplementary budget to State Assembly
Governor Abdullahi Ganduje of Kano State has sent an N33. 8 billion 2021 supplementary budget to the House of Assembly for deliberation and subsequent approval.
His request was read at the plenary in Kano on Tuesday, by the Speaker, Alhaji Hamisu Chidari. Read more here.
Customs Service Set To Impound 29 Private Airplanes
The Nigeria Customs Service (NCS) on Tuesday in Abuja has threatened to impound 29 jets on which the owners did not pay statutory import duties.
NCS stated this in a report released on the verification of privately-owned airplanes in the country. Read more here.
Inflation: Residents, Vendors Lament As Pure Water Doubles In Price In Nasarawa
Vendors and consumers of sachet water in Nasarawa State on Tuesday lamented the 100 percent increase in the price of “Pure Water’’ from N10 to N20.
Those who spoke with newsmen over the issue blamed the development on systemic failure. Read more here.
These are the latest Business news that made trends during the week. Visit our website https://allnews.ng for more Business news around the world.
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