Monday, January 16, 2017
MARKET UPDATE
JANUARY 13, 2017 NIGERIA STOCK EXCHANGE (Market Closed) SUMMARY: All Share Index 26,325.93 Deals 2,653.00 Volume 148,569,099.00 Value 3,758,383,446.99Market Cap 9,058,131,259,973.59TOP GAINERS CONOIL 37.35 (0.85) STANBIC 15.52 (0.49) NB 142.18 (0.18) TOURIST 3.68 (0.17) ACCESS 6.69 (0.12) TOP LOSERS MOBIL 249.86 (-13.15) SEPLAT 370 (-9.99) TOTAL 300 (-4) PRESCO 42.16 (-2.03) JBERGER 34.83 (-1.83) CBN EXCHANGE RATE(NGN)Buying:$USD 304 £GBP 373.5248 EURO 324.1248 SWISS FRANC 301.8268 YEN 2.6611 Selling:$USD 305 £GBP 374.7535 EURO 325.191 SWISS FRANC 302.8197 YEN 2.6698 CNBC COMMODITY PRICES (USD)Crude Oil (Bonny light) 53.25 Natural Gas 3.304 (0.031) Gold 1195.90 (-3.90) Silver 16.785 (-0.04) Copper 2.6905 (-0.019) Wheat 424.25 (-2.00) Coffee 149.10 (-0.50) Cotton 72.30 (-0.04) Cocoa 2213.00 (-17.00)

Anambra

    Anambra College of Agriculture now a polytechnic

Anambra College of Agriculture now a polytechnic

Anambra State College of Agriculture, in Mgbakwu, Awka North local government area has been upgraded to a status of a polytechnic.Willie Obiano, the state governor, made the announcement in his special New Year message, Daily Trust reports. [...]

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    TETFund: We’ll punish those behind building collapse at Okopoly, Kano varsity

TETFund: We’ll punish those behind building collapse at Okopoly, Kano varsity

The Tertiary Education Trust Fund (TETFund) has vowed to punish those behind the building collapse at Kano State University of Science and Technology (KUST), Wudil, and the Federal Polytechnic, Oko, Anambra state.The pledge was made when the committee, which was set up to investigate the incidents, submitted its report to Abdullahi Bichi Baffa,  executive secretary of TETFund, with the agency [...]

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    I got it wrong when I rejected Jesus, late UNN student writes in suicide note

I got it wrong when I rejected Jesus, late UNN student writes in suicide note

Tobechukwu Okeke, a student at the University of Nigeria, Nsukka, was on Sunday, discovered lifeless in his dorm room.He was found with a blue rope around his neck while he hung from the ceiling fan’s hook. [...]

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    Amnesty: Trigger-happy army killed 150 peaceful pro-Biafra protesters in a bloody crackdown

Amnesty: Trigger-happy army killed 150 peaceful pro-Biafra protesters in a bloody crackdown

Amnesty International has accused the Nigerian military of killing 150 peaceful pro-Biafra protesters “on a chilling campaign of extrajudicial executions and violence” in the southeast of the country.In a report released on Thursday, the human rights watchdog alleged that the analysis of 87 videos, 122 photographs and 146 eyewitness testimonies relating to demonstrations and other gatherings between August 2015 and [...]

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    VIDEO: UNIZIK students build, succesfully fly quadcopter

VIDEO: UNIZIK students build, succesfully fly quadcopter

Undergraduates of Nnamdi Azikwe University (UNIZIK) have successfully flown a locally crafted quadcopter.Chinonso Achebe, associate professor of mechanical engineering at UNIZIK, Awka, shared a video on his Facebook page showing the quadcopter that was built by the students. [...]

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    Think home, Obiano woos Igbo investors

Think home, Obiano woos Igbo investors

Willie Obiano, Anambra state governor, has appealed to Igbo investors to invest in their homeland.In 2015, Obiano established the Anambra state investment promotion and protection agency (ANSIPPA), a service centre that facilitates business partnership between the state and private investors.This agency, which is headed by Joe Ekwunife, provides information, support and guidance to prospective investors, implements aftercare strategy and also provides [...]

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    Gunmen attack NTA Onitsha, burn down building

Gunmen attack NTA Onitsha, burn down building

Suspected gunmen on Wednesday attacked the Nigeria Television Authority (NTA) office in Onitsha, Anambra, torching some equipment and the Star Times section of the premises.Chris Nwigwe, acting manager of the station, told NAN in Onisha that the incident occurred at about 1:40am.“Some armed men tried to attack the staff on duty but only succeeded in burning down the Star Times building,” [...]

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    Despite recession, UNIZIK creates employment — promises more

Despite recession, UNIZIK creates employment — promises more

Nnamdi Azikiwe Univeristy (UNIZIK), Anambra has commenced the production of paints.In its aim to be a leading institution in entrepreneurship and knowledge, UNIZIK’s faculty of physical sciences has been saddled with the responsibility. [...]

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    Minimum wage is N18,000 but a bag of rice costs N23,000, NLC laments

Minimum wage is N18,000 but a bag of rice costs N23,000, NLC laments

Jerry Nnubia, chairman of the Anambra state chapter of Nigeria Labour Congress (NLC), wants to know why workers should be victims of an economic downturn when they are not remembered in times of economic prosperity.Speaking on Tuesday at a rally in solidarity with Nasarawa workers who were allegedly brutalised by the police while protesting the reduction of their wages by the state government [...]

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    Commotion as security guard kills man at Onitsha petrol station

Commotion as security guard kills man at Onitsha petrol station

There was commotion at Ona-Jones Oil filling station in Onitsha, Anambra state, on Friday, following the killing of a middle-aged man.According to a witness, trouble broke out after a security guard, who reportedly tried to resolve a disagreement between the deceased and another individual, mistakenly shot the victim.The incident, which happened around 10am, prompted the response of a mob, that [...]

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    Building collapse kills 3 in Anambra

Building collapse kills 3 in Anambra

A two-storey building under construction at Ndiagu in Idemili north local government area of Anambra has collapsed, killing three artisans.The incident occurred at about 8 am on Wednesday.A witness told NAN that three other persons, who sustained severe injuries, were taken to a nearby hospital for treatment.Those that rushed to the scene of the incident and assisted in the rescue [...]

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    Obiano commends Guinness for revamping eye hospital in Onitsha

Obiano commends Guinness for revamping eye hospital in Onitsha

Willie Obiano, governor of Anambra state, has commended Guinness Nigeria Plc for revamping an eye hospital in the Onitsha area of his state.Speaking at the re-commissioning of the project, Obiano said residents of the state would not need to go abroad for eye treatment anymore.He said the organisation has been involved in the provision and management of quality eye care [...]

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    Tension as explosion rocks Anambra market

Tension as explosion rocks Anambra market

There was tension at a settlement known as Kara Market along Atani Road, Ogbaru near Onitsha in Anambra state, following an explosion late on Tuesday.Confirming the incident, Ali Okechukwu, police public relations officer (PPRO) in Anambra, said at least 12 people sustained injuries from the incident.He said the explosion was caused by fuel stored in a jerrycan for future use.“The [...]

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    Oduah tasks FG to improve housing facilities in rural areas

Oduah tasks FG to improve housing facilities in rural areas

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    ‘Many killed’ as explosion rocks Anambra

‘Many killed’ as explosion rocks Anambra

Many were killed in Nnewi, Anambra state, on Christmas eve, after explosion rocked a gas station.The incident reportedly happened at Inter Corp Oil limited, a gas station located at Nnewi-Okigwe road in the town.According to a witness, a fire broke out while a truck filled with gas was discharging its content.Zico Prince, another witness, told The Nation that his relatives [...]

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    5 killed as bus plunges into river near Anambra

5 killed as bus plunges into river near Anambra

Five persons lost their lives on Thursday morning when a commuter bus heading towards Enugu plunged into Oji River, near Anambra state.Sunday Ajayi, sector commander, Federal Road Safety Commission (FRSC), Anambra command, who confirmed the accident, told NAN that it occurred around 1:25 am.Ajayi said there were 15 passengers in the vehicle, out of which 10 were rescued and taken [...]

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Exchange Rates

January 14, 2017USDGBPEUR
INTERBANK316.13385.11336.46
LAGOS491600515
KANO487595510
PH491600518
ABUJA492600516
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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