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)

Borno

    Seven killed as multiple blasts rock IDP camps in Maiduguri

Seven killed as multiple blasts rock IDP camps in Maiduguri

The Borno Police Command, on Wednesday confirmed the death of seven persons in multiple suicide attacks on three “unauthorized” internally displaced persons (IDP) camps in the Muna area of Maiduguri, Borno state capital.Damian Chukwu, commissioner of police, told NAN that the suicide bombers targeted  the city.He said the first attack was at a camp sheltering displaced persons mainly from Gulumba community [...]

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    Three killed, six injured in fire outbreak at Borno IDP camp

Three killed, six injured in fire outbreak at Borno IDP camp

Three people were killed, while six others sustained injuries in an outbreak of  at an internally displaced persons (IDP) camp in Konduga, Borno state.Officials of the National Emergency Management Agency (NEMA) said the incident occurred around 10:40am on Thursday.Many of the IDPs scuttled to safety, while the injured victims were evacuated to the University of Maiduguri Teaching Hospital(UMTH).Rescue officials were [...]

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    Residents flee as Boko Haram attacks Borno community

Residents flee as Boko Haram attacks Borno community

Magumeri, a town in Magumeri local government area of Borno state, is currently being attacked by men of the Boko Haram sect.A resident, who managed to escape, told TheCable that many people have been killed.He said some of those who also fled found their way to Maiduguri, the state capital, while others are seeking refuge in the bush.He disclosed that houses [...]

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    Police arrest 13 suspected criminals in Borno

Police arrest 13 suspected criminals in Borno

The Borno police command on Wednesday said it arrested 13 suspected criminals who "terrorise" bank customers in the state.Damian Chukwu, commissioner of police, said this at a press conference at the command headquarters in Maiduguri.Chukwu said that some suspected criminals, who specialise in stealing phones and robbing commercial tricycle operators, were arrested at different locations in the state capital on [...]

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    Six killed in fresh suicide attacks in Maiduguri

Six killed in fresh suicide attacks in Maiduguri

Four teenage girls blew up two men in Maiduguri, capital of Borno, in the early hours of Wednesday, resulting in a total of six deaths.Acoording to National Emergency Management Agency (NEMA), the girls detonated strapped explosives along Muna Garage, Maiduguri."Four female teenage  suicide bombers and two other  men died ( 6 people) when they detonated explosives at Usmanti along muna [...]

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    Truck crushes 13-year-old to death in Borno

Truck crushes 13-year-old to death in Borno

Tragedy struck in the Gwange area of Maiduguri, Borno state capital, on Tuesday as Nura Mohammed, a 13-year-old boy, was crushed by a truck.The tragic incident occurred at New GRA junction, opposite the Nigeria Union of Journalists (NUJ) secretariat in the state.A witness said Mohammed, who was riding a bicycle, did not see the oncoming vehicle when he attempted to [...]

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    Pregnant woman among suicide bombers killed in Borno

Pregnant woman among suicide bombers killed in Borno

A pregnant woman was among the two suicide bombers killed in Borno state late Saturday.The two female suicide bombers were subdued when they refused to surrender and attempted to attack a security post.The incident occured in Ummarari village along Mulai axis of Maiduguri Damboa road at the outskirts of Maiduguri.Abdulkadir Ibrahim, spokesman of the National Emergency Management Agency (NEMA) in [...]

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    Two female suicide bombers ‘gunned down’ in Borno

Two female suicide bombers ‘gunned down’ in Borno

Two female suicide bombers have been killed in Molai, a distance of about nine kilometers to Maiduguri, capital of Borno state.Victor Isukku, police public relations officer in the state, confirmed the incident in a statement made available to TheCable.He said attackers, who were teenagers, were killed when they tried to sneak into Maiduguri through Molai General area."Yesterday, 11/3/17, at about [...]

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    Shettima’s aide dies in convoy crash

Shettima’s aide dies in convoy crash

The convoy of Kashim Shettima, governor of Borno state, was involved in a road crash on Friday, leading to the death of his senior special assistant on protocol identified as Farouk Farouk.A driver, who sustained injuries in the accident, has reportedly been taken to an undisclosed hospital.A source told TheCable that the tragic incident occurred along the Abuja Kaduna expressway.It [...]

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    Tankers destroyed in Maiduguri bomb blast ‘diverted petrol’

Tankers destroyed in Maiduguri bomb blast ‘diverted petrol’

The three petrol tankers destroyed by Boko Haram suicide bombers in Maiduguri on Friday were carrying petrol meant for Nigeria National Petroleum Corporation (NNPC) mega stations.The Borno command of Nigeria Security and Civil Defence Corps (NSCDC) said the petrol was diverted and kept in a private home.Abdullahi Ibrahim, commandant of the corps, told NAN in Maiduguri that the agency’s surveillance [...]

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    Two children die in fire outbreak at Borno IDP camp

Two children die in fire outbreak at Borno IDP camp

Two children have died in an outbreak of fire at an internally displaced persons (IDPs) camp in Jere local government area of Borno state.The camp is located few kilometres from Maiduguri, the state capital.According to witnesses, the flame spread quickly because the tents were erected with dried stalk - a highly combustible material.At least 400 families reportedly lost their homes [...]

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    Shettima: Boko Haram killed 100,000 people, displaced over 2 million

Shettima: Boko Haram killed 100,000 people, displaced over 2 million

Kashim Shettima, Borno state governor, says 100,000 people have been killed in the Boko Haram insurgency.Speaking at the 2017 edition of Murtala Muhammed memorial lecture in Abuja on Monday, Shettima said more than two million people - mostly women and children have also been displaced by the crisis in the northeast.He said property worth $9bn has been destroyed as well.“The [...]

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    7 soldiers killed in Boko Haram ambush

7 soldiers killed in Boko Haram ambush

The Nigeria army on Friday said some members of  Boko Haram killed seven of its men in an ambush on Ajiri-Dikwa road in Borno state.Kingsley Samuel, deputy director, army public relations seventh division, who disclosed this in a statement, said 19 other soldiers were wounded in the attack.However, he added that troops killed many of the insurgents.“Troops of Operation Lafiya [...]

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    350 Borno mosques offer special prayers for Buhari

350 Borno mosques offer special prayers for Buhari

Imams in about 350 Jumma'at mosques across Borno state on Friday led thousands of worshipers to offer special prayers for the full recovery of President Muhammadu Buhari, who is on vacation in the UK.There are 542 Jumma'at mosques in the state but only 350 are estimated to be operating due to security situation in the state.The prayers were based on a [...]

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    Boko Haram ‘killed 75′ NSCDC officers in 2016

Boko Haram ‘killed 75′ NSCDC officers in 2016

The Borno state command of the Nigeria Security and Civil Defence Corps (NSCDC) on Monday said Boko Haram insurgents killed 75 of its officers in 2016.Ibrahim Abdullahi (pictured), commandant of the corps, said 15 officers were also declared missing in the previous year.Abdullahi said the NSCDC headquarters rendered assistance to the families who were bereaved by the attacks.He explained that [...]

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    Shettima to military: If my children have links to Boko Haram, don’t spare them

Shettima to military: If my children have links to Boko Haram, don’t spare them

Kashim Shettima, Borno state governor, says anyone with links to Boko Haram must face justice.Shettima said this in a state broadcast on Friday.He said he had told security agencies not to spare even his children if they were found to have links to the insurgents.“I know that majority of you, the good people of Borno state; have remained sincerely committed [...]

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Exchange Rates

March 23, 2017USDGBPEUR
INTERBANK307.88385.25331.83
LAGOS410530435
KANO430530435
PH410535440
ABUJA405523440
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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