Monday, March 20, 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)

Anambra

    Soludo: In Anambra, Obiano is a general… he must not be changed

Soludo: In Anambra, Obiano is a general… he must not be changed

Chukwuma Soludo, ex-governor of Central Bank of Nigeria (CBN), has likened Anambra governor Willie Obiano to a general who must not be replaced during wartime.Soludo rated the state as the fourth largest economy in Nigeria while commending Obiano's prudent and expertise management.He said that only Lagos, Abuja and Rivers states were ahead of Anambra in terms of economic prosperity.Soludo gave the assessment [...]

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    Chidoka, ex-aviation minister, joins Anambra governorship race

Chidoka, ex-aviation minister, joins Anambra governorship race

Osita Chidoka, former minister of aviation, has joined the race for the Anambra state governorship election slated for November 18.Speaking on Monday at a consultative meeting of the Peoples Democratic Party (PDP) at Otuocha, near Awka, the state capital, Chidoka said his desire to run for the position was to serve the people.Chidoka, a former corps marshal of the Federal [...]

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    Policeman killed in gun battle with ‘robbers’ in Onitsha

Policeman killed in gun battle with ‘robbers’ in Onitsha

The Anambra state police has confirmed the death of an officer allegedly killed by suspected armed robbers at Nkpor flyover along the Onitsha/Enugu expressway in the state.Hassan Musa, the divisional police officer (DPO) in Ogidi, who confirmed the attack, told journalists on Wednesday that the tragic incident occurred around 9pm on Tuesday.“We took the dead and the wounded to Borromeo [...]

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    INEC fixes Nov 18 for Anambra gov election

INEC fixes Nov 18 for Anambra gov election

The Independent National Electoral Commission (INEC) says it will hold the Anambra governorship election on November 18, 2017.Solomon Soyebi, a national commissioner INEC, announced this at a news conference in Abuja on Thursday.He said the 1999 constitution as amended, and the electoral act, had stipulated that the earliest day for the conduct of the election shall be October 18, while [...]

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    Andy Uba dumps PDP, says APC has ‘sound minds’

Andy Uba dumps PDP, says APC has ‘sound minds’

Andy Uba, lawmaker representing Anambra south senatorial zone under the platform of the Peoples Democratic Party (PDP), has defected to the All Progressives Congress (APC).Uba disclosed this on Wednesday during a news briefing at his country home in Uga, Aguata local government area of the state.The lawmaker said that he joined the APC at the ongoing registration of party members [...]

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    UNN produces 94 first class graduates

UNN produces 94 first class graduates

Ninety-four students of University of Nigeria, Nsukka (UNN) have graduated with first class honours in the 2015/2016 session.Benjamin Ozumba, vice chancellor of the institution, announced on Friday that 94 out of 10, 494 graduands bagged first class honours during the 64th convocation of the institution. [...]

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    I am not a member of APC, says Soludo

I am not a member of APC, says Soludo

Charles Soludo, former governor of the Central Bank of Nigeria (CBN), says he is not a member of the All Progressives Congress (APC), and cannot contest the forthcoming governorship election in Anambra state on the platform of the party.Emeka Ibe, chairman of the Anambra chapter of the party, had included Soludo’s names among those seeking the party’s ticket.But in a [...]

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    Soludo, Andy Uba, Ifeanyi Ubah vie for APC ticket in Anambra

Soludo, Andy Uba, Ifeanyi Ubah vie for APC ticket in Anambra

Charles Soludo, former CBN governor, and twelve other aspirants have indicated interest to contest for the All Progressives Congress (APC) ticket in the forthcoming Anambra governorship election later this year.Other contestants are Andy Uba, Ifeanyi Ubah, George Muoghalu, Barth Nwibe, Obinna Okonkwo and Paul Chukwuma.The rest are Chike Obidigbo, Raph Okeke, Tony Nwoye, Uche Ekwunife, Obinna Uzor and Donatus Okonkwo.Emeka [...]

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    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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Exchange Rates

March 20, 2017USDGBPEUR
INTERBANK316.00392.15339.92
LAGOS449535470
KANO450545470
PH454547480
ABUJA450540472
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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