Sunday, January 15, 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)
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Delta

    24-year-old UI graduate crowned king in Delta

24-year-old UI graduate crowned king in Delta

Nduka Ezeagwuna, a 24-year-old graduate of the University of Ibadan, has been crowned king of Issele-Uku in Delta state.The engineering graduate lost his father, Henry Ezeagwuna, in a motor accident along Benin-Asaba-Onitsha expressway, in 2014. [...]

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    Delta lawmaker dies in London hospital

Delta lawmaker dies in London hospital

Omawumi Udoh, representative of Warri south I constituency in the Delta state house of assembly, has died.According to Monday Igbuya, speaker of the assembly, Udoh (pictured with Emmanuel Uduaghan, former Delta state governor) passed on at a London hospital after a protracted illness.She was one of the long-serving members of the assembly.In a statement signed by Henry Ebireri, Igbuya’s chief [...]

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    Officers arrested for misconduct still in custody, says Delta police commissioner

Officers arrested for misconduct still in custody, says Delta police commissioner

Zanna Ibrahim, commissioner of police Delta state, says the two mobile policemen arrested for misconduct are still in custody.Ibrahim denied the report that they had been released, saying such information was capable of misleading the public.Explaining that the command had been transparent in its dealings with the public, the police boss said he would not tolerate any act of indiscipline.Ibrahim [...]

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    Militants hit pipeline in Delta, ‘shoot 4 guards’

Militants hit pipeline in Delta, ‘shoot 4 guards’

Suspected Niger Delta militants have blown up a crude oil pipeline in Warri, Delta state, according to Punch.The newspaper quoted a community leader as saying the attackers shot four guards before hitting the facility, which  was undergoing repairs after it had been previously bombed.This is the second known attack in the region after Niger Delta stakeholders held a meeting with President [...]

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    Fresh peace move suffers setback as militants hit another pipeline

Fresh peace move suffers setback as militants hit another pipeline

Suspected Niger Delta militants have attacked an oil field operated by the Nigerian Petroleum Development Company (NPDC) in Delta State.The incident occurred less than 24 hours after elders from the Niger Delta region held a meeting with President Muhammadu Buhari at Aso Rock.The elders had presented 16 demands before the president, expressing optimism that peace would return to the troubled [...]

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    Herdsmen engage Delta youth in gun battle

Herdsmen engage Delta youth in gun battle

Herdsmen and youth of Umunor community in Ossissa kingdom, Ndokwa east local government area of Delta state engaged in a crossfire on Monday evening.According to Punch, the mayhem was allegedly caused by the attempt of the herdsmen to invade the community.Members reportedly scampered to close communities for safety even as a security post has been mounted in the community“We don’t know [...]

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    Aggrieved members place fetish objects at Delta APC secretariat

Aggrieved members place fetish objects at Delta APC secretariat

A calabash containing eggs, white native chalk tied with red pieces, were among the strange objects placed at the entrance of All Progressives Congress (APC) secretariat in Asaba, Delta state capital, on Monday.The state chapter of the party currently has two factions. One of the factions led by Jones Ode Erue, a prophet, had fixed an executive meeting for 10am [...]

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    Militants ‘blow up’ NPDC pipeline in Delta state

Militants ‘blow up’ NPDC pipeline in Delta state

The Niger Delta Greenland Justice Mandate (NDGJM), a militant group, claims it has blown up an oil pipeline of the Nigeria Petroleum Development Company (NPDC) in Delta state.This attack is coming a few days after the Niger Delta Avengers (NDA), another militant group, resumed attacks on oil installations, citing an impasse in its dialogue with the government as the reason [...]

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    13 still under observation for Lassa Fever in Delta

13 still under observation for Lassa Fever in Delta

The Delta state government says only 13 out of the 55 people that had contact with the doctor who died of Lassa fever in the state are still under observation.In a statement released on Friday in Asaba, Patrick Ukah, the commissioner for information, said the 13 people would be closely monitored for one more week.Ukah said that 32 people out of [...]

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    FUPRE resumes admission screening 2 months after suspension

FUPRE resumes admission screening 2 months after suspension

Federal University of Petroleum Resources Effurun (FUPRE) located in Warri, Delta state, has commenced admission screening of prospective students.FUPRE had in July 2016, suspended the admission process for its new academic session. [...]

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    Six DELSU lecturers sacked over sexual harassment, extortion

Six DELSU lecturers sacked over sexual harassment, extortion

The governing council of Delta state university, Abraka, has sacked six lecturers over allegations of sexual harassment.The decision to relieve the lecturers of their duties was reached during the council’s 97th regular meeting on Friday. [...]

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    New militant group ‘blows up’ pipeline in Delta

New militant group ‘blows up’ pipeline in Delta

The Niger Delta Greenland Justice Mandate (NDGJM), a new militant group in the Niger Delta, has blown up a pipeline in Delta state.Aldo Agbalaja, spokesman of the group, disclosed this in a statement, saying the pipeline belongs to the Nigerian Petroleum Development Company (NPDC) .The attack comes one day after the group threatened to strike, based on the alleged decision of the [...]

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    One killed as robbers storm Delta govt house

One killed as robbers storm Delta govt house

Suspected armed robbers stormed Delta government house Annexe, Warri, on Thursday,  and killed one person.Charles Aniagwu, chief press secretary to the government, confirmed the incident when reached for comment.“It was actually a group of armed robbers who were chasing a driver from the Government House Annex that went to the bank,” he said.“They pursued him as he was driving back. [...]

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    Militants launch fresh attack in Delta, blow up Shell pipeline

Militants launch fresh attack in Delta, blow up Shell pipeline

Suspected Niger Delta militants have blown up a crude oil trunkline of Shell Petroleum Development Company of Nigeria (SPDC) in Batan community, Warri south west council area of Delta state.Dickson Ogugu, a community leader, confirmed the attack, saying it happened around 1am on Monday.Lamenting the effect of such attacks in the region, Ogugu appealed to militants to sheathe their swords [...]

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    Kidnap and spend the rest of your life in prison, that’s what the new law in Delta says

Kidnap and spend the rest of your life in prison, that’s what the new law in Delta says

Ifeanyi Okowa, governor of Delta state, has signed the Delta anti-kidnapping bill into law, which provides life imprisonment for kidnappers.The governor also assented to three other bills as passed by Delta house of assembly and presented by its speaker, Monday Igbuya.The other bills signed into law were the state security trust fund amendment law; state advisory council on the prerogative [...]

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    Dickson: Low allocations, Sylva’s N342bn debt affecting my govt

Dickson: Low allocations, Sylva’s N342bn debt affecting my govt

Seriake Dickson, governor of Bayelsa state, says the effect of the alleged N342 billion debt inherited from the administration of Timipre Sylva, his predecessor, is beginning to a take toll on his government now that allocations from the federal government had dropped in a drastic manner.He said this would affect his performance in office, explaining that the debt had necessitated [...]

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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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