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)

Benue

    No one can force Benue to cede land for grazing, says Ortom

No one can force Benue to cede land for grazing, says Ortom

Samuel Ortom, governor of Benue state, says his administration will not concede any part of its land for the establishment of grazing reserve for herdsmen.  Ortom made this known during the handing-over and inauguration of a shelter project for internally displaced persons (IDPs) in Guma local government area of the state.The 100 bungalows project was initiated by United Nations High [...]

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    Ortom: Benue airport is manna from heaven, we won’t spend N1 on it

Ortom: Benue airport is manna from heaven, we won’t spend N1 on it

Samuel Ortom, Benue state governor, says the state will not bare the cost of building a cargo airport worth N38bn.Speaking with state house correspondents after the national economic council (NEC) meeting on Thursday, Ortom described the project as “manna from heaven” that would spur development in the state.He also described critics of the project, which will be sited at Dauda [...]

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    How teenage beauty queen killed self over pain of heartbreak

How teenage beauty queen killed self over pain of heartbreak

A 19-year-old female student committed suicide on Wednesday after being unable to deal with the heartbreak of being left for another girl, by her boyfriend.“Jessica was a beautiful young girl and in our last speech, prize and graduation day, she contested in the Miss Dyege pageant organised by the college and won the crown”, said Timothy Tyoyange, Jessica’s class teacher, who said [...]

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    Benue police ‘arrest’ suspected kidnappers of Indian

Benue police ‘arrest’ suspected kidnappers of Indian

The police say they have arrested a gang of criminals who allegedly kidnapped an Indian national in Benue state.Don Awunah, police spokesman, said this in a statement on Tuesday.He said that the suspects were involved in “coordinated” crimes in Benue state, and in neighbouring states.“In continuation of the nationwide coordinated operations against violent crimes such as kidnapping, armed robbery, cultism [...]

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    Ortom: We’ll use force to flush out criminals from Benue

Ortom: We’ll use force to flush out criminals from Benue

Samuel Ortom, governor of Benue state, says force will now be applied in ending insecurity in the state.Ortom said this while speaking with state house correspondents in Abuja on Thursday.Benue state has been the worst hit by clashes between herdsmen and farmers.The governor, who had earlier held a private meeting with Yemi Osinbajo, vice president, said that an olive branch [...]

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    Police: 22 – not 81 – died in 4 ‘herdsmen’ attacks in 6 weeks

Police: 22 – not 81 – died in 4 ‘herdsmen’ attacks in 6 weeks

The Benue state police command says 22 people — not the 81 being reported — were killed over the last two months by suspected herdsmen.Fulani herdsmen were reported to have killed scores in attacks on Logo and Ukum council areas of Benue state.However, the state police command, has described the figure as "a gross misrepresentation of the true facts on ground in the state".A [...]

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    Presidency questions ‘accuracy’ of Benue massacre reports

Presidency questions ‘accuracy’ of Benue massacre reports

The presidency says it is checking the accuracy of reports claiming that 81 people were killed by herdsmen in Benue state.The presidency, through its digital communications office, said on Monday that the some of the pictures in circulation were from the genocide in Congo, back in 2014.The digital communications arm of the presidency said the Nigerian police is currently investigating [...]

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    QUESTION: Will Buhari be silent again over ‘herdsmen killings’ in Benue?

QUESTION: Will Buhari be silent again over ‘herdsmen killings’ in Benue?

Just how much is the worth of a Nigerian life? On Friday, six policemen were killed in the United States, and President Barrack Obama addressed his country from faraway Poland, to calm the grief of a "battered" nation.In Nigeria, over the weekend, news broke that herdsmen killed 81 people in Benue state — and it's pin drop silence from the father [...]

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    Thank Farm It’s Friday! Benue workers get Fridays off to farm

Thank Farm It’s Friday! Benue workers get Fridays off to farm

The Benue state executive council on Thursday declared Fridays in June 10 till July 2016, a work-free day to enable workers in the state work on their farms.Samuel Ortom, governor of the state who chaired the 16th session of the meeting where the decision was taken, said with the biting economic situation and inability to pay workers regularly, workers need [...]

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    Gunmen kill Benue governor’s ‘most dependable’ aide

Gunmen kill Benue governor’s ‘most dependable’ aide

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    Ortom: Probing Suswam my responsibility to Benue people

Ortom: Probing Suswam my responsibility to Benue people

Samuel Ortom, Benue state governor, has restated his determination to probe the administration of Gabriel Suswam, his predecessor, describing it as as one of his responsibilities to his people.Ortom announced this in Makurdi, capital of the state, while swearing in three new special advisers.He said the people voted him into office because of his pledge to correct all the wrongs in the previous administration."Those [...]

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    FG deploys soldiers in Benue to stem crisis

FG deploys soldiers in Benue to stem crisis

The federal government has approved the deployment of soldiers in Benue to end the lingering farmers/herdsmen crisis in the state.Samuel Ortom, governor of the state, disclosed this in Makurdi, capital of the state, on Friday, while administering oath of office on Cosmos Idye, president, customary court of appeal (CCA), and Augustine Ityonyiman , a high court judge.He said the invasion [...]

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    Ogbeh to discuss ‘Agatu massacre’ with Buhari

Ogbeh to discuss ‘Agatu massacre’ with Buhari

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    David Mark seals fifth term, defeats Onjeh

David Mark seals fifth term, defeats Onjeh

The Independent National Electoral Commission (INEC) has declared former senate President David Mark as winner of the Benue South rerun election.Mark, who has been in the upper legislative chamber since 1999, defeated Daniel Onjeh of the All Progressives Congress (APC).Ishaq Enigi, returning officer of the election, announced that Mark polled a total of 84,192 votes, while Onjeh secured 71,621 votes.In [...]

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    INEC collates results in Benue south

INEC collates results in Benue south

Collation of results by INEC officials across the 3000 polling units in the rescheduled Benue South Senatorial election between David Mark of the PDP and Daniel Onjeh of the APC, has started.The accreditation and voting took place simultaneously across the polling units in the district.The exercise went peacefully albeit amid tight security.A cross section of election observers described the exercise [...]

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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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