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)

Bayelsa

    2 killed as bandits invade Bayelsa market

2 killed as bandits invade Bayelsa market

The police in Bayelsa on Thursday confirmed that two persons were killed by a gang of gunmen at the popular Swali Market in Yenagoa, Bayelsa state capital.The incident reportedly occurred around 4pm on Tuesday, forcing traders and their customers to run in different directions.Asinim Buswat, spokesman of Bayelsa police command, confirmed the incident to NAN, saying: “Four gunmen with pistol [...]

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    UPDATED: Polytechnic staff ‘dies’ after slumping during love session

UPDATED: Polytechnic staff ‘dies’ after slumping during love session

The acting rector, Federal Polytechnic, Ekowe, Bayelsa state, has reportedly died after slumping in a hotel, in Ughelli, Delta state.Vanguard reports that the rector slumped and died during an "alleged sex romp with an unidentified female teenager". [...]

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    Avengers ‘blow up 3 pipelines’, say doomsday ahead

Avengers ‘blow up 3 pipelines’, say doomsday ahead

The Niger Delta Avengers (NDA) says it has blown up three pipelines operated by Agip, Oando and Shell, warning that there is doom ahead. In a statement issued on Tuesday, Mudoch Agbinibo, the group's spokesman, said "At about 11:45pm on November 15, 2016, our Elite Strike Team 03 struck Nembe 1, 2 and 3 truck line operated by Agip, Oando and [...]

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    Corps member dies in Bayelsa boat mishap

Corps member dies in Bayelsa boat mishap

A member of the National Youth Service Corps (NYSC) in Bayelsa lost his life in a boat accident, which occurred in Okpotuwari community in Southern Ijaw local government area of Bayelsa, on Thursday.NAN quoted sources as saying the deceased, drowned after the canoe he boarded capsized.Tontiemote Yeiyei, a resident of the community, said  the victim had gone to a neighbouring [...]

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    UPDATED: Dickson floors Sylva at supreme court

UPDATED: Dickson floors Sylva at supreme court

The supreme court has upheld the election of Seriake Dickson, governor of Bayelsa state.Timipre Sylva, who contested the election on the platform of the All Progressives Congress (APC), challenged the victory of Dickson.He had filed a petition at the tribunal, alleging that the election was marred with irregularities.Sylva asked the tribunal to declare him the duly elected governor.But having lost [...]

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    Tension in Bayelsa as supreme court rules on gov poll

Tension in Bayelsa as supreme court rules on gov poll

Residents of Yenagoa, capital of Bayelsa state, woke up on Tuesday to witness  increased security around the government house and strategic areas.This happened hours ahead of the supreme court judgement on the Bayelsa governorship poll.All the roads leading to Onopa, the seat of government were blocked by armed security officers.Motorists and other commuters were forced to seek alternative routes to [...]

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    Dickson to Sylva: Pay my N500,000 if truly you believe in S’court

Dickson to Sylva: Pay my N500,000 if truly you believe in S’court

Seriake Dickson, governor of Bayelsa state, says Timipre Sylva, his rival, has not paid him the N500,000 which the supreme court awarded to him four years ago.According to Daniel Iworiso-Markson, Dickson’s chief press secretary, in 2012, five justices of the apex court led by Sylvester Ngwuta, awarded the money against Sylva in the case he brought against the incumbent governor.Sylva [...]

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    Bayelsa schools remain closed weeks after scheduled resumption

Bayelsa schools remain closed weeks after scheduled resumption

Bayelsa state primary and secondary schools are currently closed over the state government's failure to settle seven months salary arrears of teachers.The 2016/2017 academic year is yet to commence, three weeks after it should have started. [...]

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    Bayelsa’s ‘University of Africa’ set to begin academic activities

Bayelsa’s ‘University of Africa’ set to begin academic activities

The University of Africa, a recently established institution in Bayelsa state, would kick off academic activities in January 2017.The expected resumption is subsequent to a Memorandum of Understanding (MoU) between the Bayelsa state government and Global Education Counseling Limited, Cyprus. [...]

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    Flood takes over major road in Jonathan’s hometown

Flood takes over major road in Jonathan’s hometown

Otuoke-Onuebum road in Ogbia local government area of Bayelsa state, has been taken over by flood, with vehicles now having to redirect their travel through Elebele road, which is a longer distance.According to Amos Agah, a staff of the Federal University, Otuoke (FUO), passengers are now paying N800 instead of N400 from Otuoke, hometown of Gooodluck Jonathan, former president, to [...]

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    Bayelsa govt: It’s now clear that Sylva’s claims are false

Bayelsa govt: It’s now clear that Sylva’s claims are false

The Bayelsa state government says it is now clear that Timpire Sylva, candidate of the All Progressives Congress (APC) in the governorship election, made false claims about winning the poll.Reacting to the appeal court ruling, which upheld the victory of Seriake Dickson, governor of the state, Jonathan Obuebite, commissioner for information, said the verdict has affirmed the mandate of the [...]

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    Dickson floors Sylva at appeal court

Dickson floors Sylva at appeal court

The court of appeal sitting in Abuja has upheld the election of Seriake Dickson as governor of Bayelsa state, striking out the petition of Timipre Sylva, who ran on the platform of the All Progressives Congress (APC).Delivering judgment on Thursday, Olukayode Bada, a justice, who led the panel, ruled that Sylva’s petition was frivolous.“I have carefully studied the issues raised by [...]

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    Sylva’s loyalist remanded for ‘criminal defamation’

Sylva’s loyalist remanded for ‘criminal defamation’

Jonah Okah, a Bayelsa state civil servant and loyalist of Timipre Sylva, former governor of the state, was on Thursday remanded in prison for allegedly defaming Ritchie Etonye, accountant of the government house, Bayelsa.Okah had intimated Doifie Buokoribo, Sylva’s media aide, of his arrest on Wednesday, saying it could be as result of a critical comment on Seriake Dickson, governor [...]

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    Sylva’s loyalist arrested in Bayelsa

Sylva’s loyalist arrested in Bayelsa

Jonah Okah, a loyalist of Timipre Sylva, former governor of Bayelsa state, has been arrested by the police.Okah disclosed this to Doifie Buokoribo, Sylva’s media aide, on Wednesday, saying he had been taken to the State Criminal Investigation Department (SCID).“I have just been picked up by the police from the office of the commissioner of police from Bayelsa state command [...]

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    Niger Delta University suspends 4 months strike

Niger Delta University suspends 4 months strike

Lecturers of the Niger Delta University (NDU) have suspended their four-month old strike.This development was disclosed by Beke Sese, Academic Staff Union of Universities (ASUU) coordinator, Port Harcourt zone, and Stanley Ogoun, NDU ASUU branch chairman. [...]

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    Ex-militant nabs suspected killers of soldiers in Bayelsa

Ex-militant nabs suspected killers of soldiers in Bayelsa

Africanus Ukparasia, an ex-militant, and his task force have apprehended suspects who attacked and killed three soldiers at Tombi waterside in Nembe, Bayelsa state on August 8.In a statement on Tuesday, Ukparasia said his task force, known as the "Bayelsa water ways security task force", had already handed over to security agents, the suspects.He warned militants to steer clear of [...]

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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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