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THE Alliance Adds New Weekly Direct-Asia Container Service from Port NOLA 12/24/2020 The MOL Emissary vessel is part of the Ocean Network Express line serving Port NOLA. (Photo courtesy of Port NOLA). NEW ORLEANS—THE Alliance has announced a new direct-Asia container service that will call the Port of New Orleans, the East Coast Loop 6 service via the Panama Canal. Members of THE Alliance Ocean Network Express, Hapag-Lloyd, Hyundai Merchant Marine and Yang Ming Line stated they are launching the EC6, calling it “the first service within THE Alliance network to directly and seamlessly conn...

Lagos, Dec. 22, 2020 (NAN) Nigeria’s bourse on Tuesday recorded its seventh consecutive gain, appreciating further by N235 billion following buying interests in Dangote Cement, United Bank of Africa and Zenith Bank stocks. Specifically, the market capitalisation rose by N235 billion or 1.20 per cent to close at N19.805 trillion from N19.570 trillion achieved on Monday. Also, the All-Share Index grew by 450.21 points or 1.20 per cent to close at 37,893.61 compared with 37,443.40 recorded on Monday. Consequently, month-to-date and year-to-date gain increased to 8.1 per cent and 41.2 per cent,...

The nation's bourse on Tuesday recorded its seventh consecutive gain, appreciating further by N235 billion following buying interests in Dangote Cement, United Bank of Africa and Zenith Bank stocks. Specifically, the market capitalisation rose by N235 billion or 1.20 per cent to close at N19.805 trillion from N19.570 trillion achieved on Monday. Also, the All-Share Index grew by 450.21 points or 1.20 per cent to close at 37,893.61 compared with 37,443.40 recorded on Monday. Consequently, month-to-date and year-to-date gain increased to 8.1 per cent and 41.2 per cent, respectively. The uptrend...

  The All-Share Index (ASI) gained 381.78 absolute points, representing a gain of 1.10 per cent to close at 35,225.22 points. Similarly, the overall market capitalisation value also appreciated by N200 billion to close at N18.411 trillion.    The uptrend was driven by price appreciation in medium and large capitalised stocks – Dangote Cement, Lafarge Africa, Zenith Bank, Guaranty Trust Bank and Guinness Nigeria.      x Market sentiment, as measured by breadth, was positive, as 29 stocks gained, relative to 14 losers. Lasaco Assurance recorded the hi...