Friday, March 24, 2017
MARKET UPDATE
MARCH 16, 2017NIGERIA STOCK EXCHANGE (Market Closed) SUMMARY: All Share Index 25,418.08 Deals 2,468.00 Volume 280,945,416.00 Value 2,349,419,384.30Market Cap 8,796,717,470,596.41TOP GAINERS NB 133.84 (3.14) FO 48.93 (1.12) GUARANTY 25.8 (0.45) ZENITHBANK 14.55 (0.4) FLOURMILL 17.85 (0.35) TOP LOSERS 7UP 77.71 (-8.29) TOTAL 274.55 (-5.45) ASHAKACEM 9.5 (-0.5) DANGCEM 160 (-0.5) UACN 14 (-0.25) CBN EXCHANGE RATE(NGN)Buying:$USD 305.75 GBP 377.2344 EURO 327.9169 SWISS FRANC 302.715 YEN 2.695 Selling:$USD 306.75 £GBP 378.4682 EURO 328.9894 SWISS FRANC 303.7059 YEN 2.7038 CNBC COMMODITY PRICES (USD)Crude Oil (Bonny light) 51.15 Natural Gas 2.904 (-0.077) Gold 1226.10 (25.40) Silver 17.30 (0.377) Copper 2.679 (0.0225) Wheat 435.50 (-0.50) Coffee 141.55 (0.65) Cotton 78.05 (-0.03) Cocoa 2035.00 (-13.00)
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    In Bauchi, no water, no romance

In Bauchi, no water, no romance

Nafisatu Yunusa is a 23-year-old mother who lives in Marafa, a village of just over 600 people in Bauchi state. In  her community Marafa -- like many other rural communities in Bauchi where the harmattan can be tense and no rain for months -- access to water or toilets is an issue with open defecation being a norm, UNICEF says. “Most households [...]

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    Kaduna: We will vaccinate 3m children in five days

Kaduna: We will vaccinate 3m children in five days

The Kaduna state government has called on parents and caregivers to make their children  available for polio vaccination on March 23 to 28.Hamza Ikara, the deputy director of the Kaduna state primary health care development agency(KDPHCDA), said this in a statement on Thursday.The government says it will immunise three million children under the age of five years against polio within [...]

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    WHO: Isolating TB patients must only be last resort

WHO: Isolating TB patients must only be last resort

Ahead of the World Tuberculosis Day on March 24, the World Health Organization (WHO) has released five new ethical standards to protect the rights of Tuberculosis patients.The guidelines include providing patients with the social support they need to fulfil their responsibilities, refrain from isolating TB patients before exhausting all options to enable treatment, adherence and only under very specific conditions, enabling “key populations” to [...]

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    Children bearing the brunt of Otodo Gbame demolitions

Children bearing the brunt of Otodo Gbame demolitions

The sight of children sprawled across what is left of the Otodo Gbame community is heart wrenching.As the community faces one demolition after another, the latest being on Tuesday morning, and which went largely under reported, several children have been forced to flee their homes, injured and traumatised."Tell me that a state like Lagos is concerned about children, especially, the [...]

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    UNICEF: Extreme water stress level keeping Nigerian children at risk

UNICEF: Extreme water stress level keeping Nigerian children at risk

Nigeria is currently facing extremely high levels of water stress, that will cause children to use unsafe water thereby exposing them to potentially deadly diseases like cholera and diarrhoea.This was made known in a report by UNICEF released on World Water Day and titled: Thirsting for a future: Water and children in a climate change, on the occasion of World Water [...]

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    HIV increasing in Lagos because of ‘stigmatisation’ by health workers

HIV increasing in Lagos because of ‘stigmatisation’ by health workers

There is a spike in cases of HIV/STIs in Lagos "because youth will choose traditional health care givers over receiving treatment at primary health care centres because of the stigma/discrimination by health care workers".This was made known during a sensitisation programme by the Leadership Initiative for Youth Empowerment (LIFE).James Unegbu, LIFE’s group programme manager, lamented what he described as the [...]

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    HURRAY! Lagos backs down on law to criminalise fetching water

HURRAY! Lagos backs down on law to criminalise fetching water

Akinwunmi Ambode, governor of Lagos state, and the state assembly have backed down on the law to criminalise fetching water from natural sources in Lagos state.Earlier, Lagos state house of assembly passed the Lagos Environment Bill with specific provisions to criminalise the abstraction of water from natural sources if conducted without the approval from the authorities.The UN, and the Environmental [...]

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    ‘Nigeria has highest rate of sickle cell anaemia in the world BUT no money for cure’

‘Nigeria has highest rate of sickle cell anaemia in the world BUT no money for cure’

Bukola Bolarinwa, president of the Sickle Cell Aid Foundation in Abuja, says Nigeria has the highest number of people living with sickle cell in the world, with little or no funds to treat the disorder.Speaking to Al Jazeera last week, Bolarinwa said: “You have millions of people living with sickle cell, hundreds of thousands of births every year, way more than HIV, way more [...]

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    Japan donates $27m to Nigeria to prevent polio spread 

Japan donates $27m to Nigeria to prevent polio spread 

Japan has given a grant of $27 million for emergency polio vaccination efforts in Nigeria and additional $6million to cater to vaccination efforts in the Lake Chad region.According to a statement by UNICEF, the donation was "in response to the urgent need to increase immunity to polio in the region".The funds will be used to "purchase polio vaccines, conduct house-to-house [...]

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    Number of African women in governance ‘in steady decline’

Number of African women in governance ‘in steady decline’

Women in Africa hold only 19. 7 per cent of the region's ministerial post in 2017, according to UN women and the Inter-Parliamentary Union (IPU).The organisations revealed this in the data presented in the Women in Politics 2017 map."Women hold 19.7 per cent of the region’s ministerial posts in 2017, having first surpassed this per centage in 2012 after seven [...]

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Exchange Rates

March 24, 2017USDGBPEUR
INTERBANK307.88385.25331.83
LAGOS385500430
KANO395505425
PH390500430
ABUJA385496430
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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