Last week Wednesday July 18, 2018 the Minister of State, Aviation Captain Hadi Sirika at the Farnborough International Public Airshow in London, announced the renaming of Nigeria’s national carrier from “Nigeria Airways” to “Nigeria Air”.
FMDQ OTC Securities Exchange, Nigeria’s foremost debt capital, foreign exchange and derivatives over-the-counter securities exchange, formally informs the general public of the relocation of its office effective from Monday, July 23, 2018.
Across sectors we cover, performance was equally bearish as all but one index closed in the red W-o-W. The Insurance index, the lone gainer rose 0.1% while the Consumer Goods Index shed 3.9% making it the biggest loser W-o-W. The Banking, Industrial Goods and Oil " Gas indices followed suit, shedding 3.6%, 3.3% and 2.2% respectively.