The Group Managing Director, Access Bank Plc, Mr. Aigboje Aig-Imoukhuede, and three others have been admitted by the Nigerian Stock Exchange into the membership of its council.
According to the NSE, the Managing Director, Shell Nigeria Closed Pension Fund Administrator Limited, Mrs. Yemisi Ayeni; Partner, Dikko and Mahmoud, Mr. Abubakar Mahmoud; and Partner, Chris Ogunbanjo & Company Barristers and Solicitors, Mr. Abimbola Ogunbanjo were also admitted into the council.
Announcing this in a statement on Friday, the Secretary to the Council and Head, Legal and Regulation Division of the Exchange, Ms. Tinuade Awe, said the appointment brought the number of council members to 13.
Awe, in the statement, explained that the management of the Exchange was very pleased to have them join the council and bring their wealth of experience to bear on The Exchange.
“We look forward to working with them and other council members to further the Exchange’s transformation agenda”.
Meanwhile, trading activities on the NSE opened in the month of February on a positive note, as the major indicators closed on an upward trend.
The market capitalisation of the listed equities gained N179bn or 1.8 per cent from N10.191tn on Thursday, to close at N10.370tn.
Also, the NSE All-Share Index rose by 558.67 basis points or 1.8 per cent to close at 32,411.86 basis points, up from 31,853.19 points on Thursday.
The NSE-30 Index also gained 1.7 per cent or 25.34 basis points to 1,556.60 points, up from 1,531.26 points, while the Consumer Goods Index rose by 0.1 per cent or 1.33 basis points to 953.52 points.
The NSE Banking Index rose by the highest margin, it gained 2.1 per cent or 8.26 basis points to 399.83 points, up from 391.57 points recorded on Thursday.
Air Service and Logistics Plc led the price gainers’ chart, rising by 10 per cent or 42 kobo to close at N4.62 per share.
Transnational Corporation of Nigeria Plc followed on the chart with a gain of 10 per cent or 13 kobo to close at N1.43 per share.
Prestige Assurance Plc and Wema Bank Plc also rose by 9.1 per cent and 6.9 per cent to close at 72 kobo and 92 kobo per share respectively.
On the other hand, Flour Mills of Nigeria Plc led the price losers, shedding 10 per cent or 8.9 per cent to close at N80.91 per share.