Wednesday, April 14African Business News
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How businesses can stay ahead during COVID-19, by experts

How businesses can stay ahead during COVID-19, by experts

Business
As the lockdown is being relaxed in Lagos, Abuja, and Ogun, experts have charged business owners and policymakers to stay ahead on their operations while being up to speed on trending developments during the coronavirus pandemic.Experts, who gathered at an online webinar meeting organised by the Franco-Nigerian Chamber of Commerce and Industry (FNCCI), titled, “Staying ahead in a pandemic,” urged businesses to fine-tune their policies in relation to the pandemic guidelines while including safety procedures.Director, Advisory, KPMG, Mrs Dolapo Adeosun, said business owners need to show concern and compassion to their staff in this period. As humans are the key resources to organisations, there is a need to check up on them and see how well they are faring with the pandemic.Advertisemen...
Stock market index rises further by 2.32% despite lockdown extension

Stock market index rises further by 2.32% despite lockdown extension

Capital Market
Despite government’s decision to extend the lockdown in Lagos, Abuja and Ogun states by additional 14 days, the Nigerian equities market commenced trading in an upbeat yesterday, as index appreciated further by 2.32 per cent. The market re-opened for transaction yesterday after the one –day public holidays declared by the federal government to mark the Easter celebrations. Specifically, the All-Share Index (ASI) gained 495.92 absolute points, representing a growth of 2.32 per cent to close at 21,879.95 points. Similarly, the market capitalisation gained N259 billion to close at N11.403 trillion. The upturn was largely boosted by capital appreciation recorded in the shares of the following mid and large capitalised stocks, Dangote Cement, MTN Nigeria, Stanbic IBTC Holdings, Nigeri...