By Chris Ndibe
Associated Bus Company dominated the gainers’ chart in percentage terms, rising 10 per cent to close at 33k per share.
Wapic Insurance followed 8.11 per cent to close at 40k, while UACN appreciated by 5.79 per cent to close at N6.40 per share.
Mutual Benefits Assurance improved by five per cent to close at 21k, while Cornerstone Insurance appreciated by 4.92 per cent to close at 64k per share.
Conversely, Champion Breweries led the losers’ chart in percentage terms, dropping 10 per cent to close at 81k per share.
Red Star Express trailed with a loss 9.20 per cent to close at N2.96, while Japaul Oil dipped 4.76 per cent to close at 20k per share.
Regency Alliance Insurance Company shed 4.17 per cent to close at 23k, while Jaiz Bank depreciated by 3.39 per cent to close at 57k per share.
The volume of shares traded increased by 1.36 per cent with a turnover of 196.12 million shares worth N1.73 billion in 3,542 deals.
This was against an exchange of 193.49 million shares valued at N1.85 billion transacted in 2,934 deals on Friday.
Transactions in the shares of FBN Holdings topped the activity chart with 43.39 million shares worth N214.45 million.
Chams came second with 26.21 million shares valued at N5.26 million, while United Bank for Africa sold 13.19 million shares worth N79.09 million.
Mutual Benefits Assurance accounted for 12.23 million shares valued at N2.51 million, while Zenith Bank sold 11.66 million shares worth N195.08 million.
Consumers must get value for money, FG tells service providers
The Federal Ministry of Industry, Trade and Investment has charged users of weighing and measuring instruments to ensure that consumers get correct quantity and value for their goods and services.
The charge was made on Monday in Lokoja by the Ministry’s Department of Weighing and Measurement in a statement.
The statement which was issued at the end of a four-day Post COVID-19 sensitisation exercise in Kogi State also called on the users to meet their obligations to the government.
The leader of the sensitisation team, Mr Okechukwu Ejiofor, an Assistant Director in the Department signed the statement.
He said that the objective of the exercise was to enlighten the stakeholders on their rights and responsibilities in the use of weighing and measuring instruments for trade.
He added that it was also to educate weighing and measuring instruments’ users on the effects of the ministry’s regulatory activities on their businesses.
“The exercise became necessary considering the fact that businesses will face challenges as they emerge from the lockdown brought about by the COVID-19 pandemic.
“Businesses mostly affected are those that use weighing and measuring instruments for trade.
“Such businesses include, but are not limited to LPG (domestic gas) retail outlets, manufacturers of prepackages like cement, bottled water, soft drinks and bread, and petroleum products retail outlets,” he said.
According to Ejiofor , weighing and measuring instruments’ users must ensure that they have valid certificates of verification and be up-to-date in the payment of necessary statutory fees to government.
Ejiofor said that it was unlawful to use a weighing or measuring instrument for trade without a valid certificate of verification issued by the Weights and Measures Department.
