Tuesday, March 21, 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)
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Delta

    Delta teachers embark on indefinite strike over salary arrears

Delta teachers embark on indefinite strike over salary arrears

Teachers in Delta state on Thursday embarked on an indefinite strike over unpaid salaries.Joe Iyalekhue, secretary Delta branch of the Nigeria Union of Teachers (NUT), said that a written order was issued to all teachers in the state to embark on an indefinite strike until the government met NUT demands. [...]

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    Petroleum varsity matriculates 1,114 students — highest since inception

Petroleum varsity matriculates 1,114 students — highest since inception

The Federal University of Petroleum Resources (FUPRE), in Effurun, Delta on Tuesday matriculated 1,114 students for the 2016/2017 academic session.Akaehomen Ibhadode, vice chancellor of the institution who was represented at the ceremony by the DVC John Arubayi, urged the students to be of good conduct during their stay in the institution, assuring them of a good learning environment. [...]

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    Delta residents lament ‘seven years of darkness’

Delta residents lament ‘seven years of darkness’

Residents of Ogwashi-Uku, a community in Aniocha south local government area of Delta state, have cried out to the federal government to restore electricity supply to them after "seven years of darkness".Sam Obidi, a member of “The Forum’’, made the plea in an interview with the News Agency of Nigeria(NAN) on Monday in Asaba.The Forum is a body working with [...]

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    Okowa reshuffles cabinet

Okowa reshuffles cabinet

 Ifeanyi Okowa, Delta state governor, has announced a minor cabinet reshuffle, involving three commissioners.Charles Aniagwu, chief press secretary to the governor, announced this in a statement issued on Thursday.Aniagwu said the changes were meant to fully realise the administration’s SMART agenda.The statement said Dan Okenyi of the ministry of lands and survey has taken over from Ernest Ogwezzy of the [...]

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    FG probes dumping of toxic waste in Delta community

FG probes dumping of toxic waste in Delta community

The federal government says it has sent some investigators to Koko community in Delta state to look into a suspected case of toxic waste dumping in the area.Speaking with state house correspondents after the federal executive council (FEC) meeting chaired by Acting President Yemi Osinbajo in Abuja on Wednesday, Amina Mohammed, minister of environment, said the investigators were to ensure [...]

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    Okowa absent but Delta politicians flood Ibori’s thanksgiving

Okowa absent but Delta politicians flood Ibori’s thanksgiving

Ifeanyi Okowa, governor of Delta state, was not among the political bigwigs who converged on First Baptist Church, Ogahara, Ethiope west local government area of Delta, on Sunday.James Ibori, former governor of the state, held a thanksgiving in the church.Ibori returned to Nigeria last Saturday after serving a jail term in the United Kingdom.Some of the notable politicians at the [...]

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    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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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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