Saturday, January 14, 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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Ebonyi

    Ebonyi gov: We’ll vote Buhari in 2019 but APC will never have breathing space

Ebonyi gov: We’ll vote Buhari in 2019 but APC will never have breathing space

Dave Umahi, governor of Ebonyi state, says President Muhammadu Buhari has led well, so the Ebonyi people will vote him if he contests in the 2019 presidential election.Umahi, a member of the opposition Peoples Democratic Party (PDP), said Buhari had won the hearts of Ebonyi people and had become the only recognisable figure in the All Progressives Congress (APC).The governor [...]

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    Ebonyi governor shares SUVs worth N279m among 18 traditional rulers

Ebonyi governor shares SUVs worth N279m among 18 traditional rulers

David Umahi, governor of Ebonyi state, has distributed 18 Prado Jeep vehicles worth N279 million to 18 traditional rulers in the state.The governor, who made the announcement during the distribution at Government House, Abakaliki on Saturday, said that about 80 traditional rulers in the state would benefit from the largesse.He appealed to traditional rulers who had not collected theirs to [...]

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    Ebonyi gov asks state varsity to sack staff ‘so they can farm’

Ebonyi gov asks state varsity to sack staff ‘so they can farm’

The Ebonyi government has urged the Ebonyi State University (EBSU) management to reduce the number of its staff for productivity and so they can be integrated into agriculture schemes.David Umahi, governor of the state, made the call on Wednesday in Abakaliki while swearing in the newly inaugurated 16-member governing council of the institution.He urged the board members to assist the school’s [...]

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    Ebonyi state bans sale of foreign rice

Ebonyi state bans sale of foreign rice

The Ebonyi government is to enforce its ban on the sale of foreign rice in markets and other outlets in the state.David Umahi, the governor, revealed this when participants of the armed forces command and staff college, senior course 39, Jaji, visited him in Abakaliki on Monday.According to the governor, the order would soon be enforced to ensure that the residents [...]

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    EBSU accounts frozen, varsity staff ordered to resume work or lose pay

EBSU accounts frozen, varsity staff ordered to resume work or lose pay

The accounts of Ebonyi State University (EBSU) Abakaliki has been frozen by the state government.David Umahi, Ebonyi governor, made the announcement on Wednesday during a state-wide broadcast at the government house. [...]

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    60-year-old man stoned to death in Ebonyi

60-year-old man stoned to death in Ebonyi

Members of an undisclosed church in Afikpo local government area of Ebonyi state have stoned Philip Ugwu, a 60-year-old man, to death.George Okafor, public relations officer of the command, told NAN in Abakaliki, capital of the state, on Monday that the incident occurred at Amebo-Ndebo village.Okafor said Abani Ugwu, wife of the deceased, reported the matter to the police.He added [...]

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    HURRAY! No more lassa fever in Delta

HURRAY! No more lassa fever in Delta

Delta state has been declared free of Lassa fever disease, Patrick Ukah, the commissioner for information, has announced.The commissioner made the information known in Asaba on Wednesday when he briefed journalists on some of the decisions made at the state executive council meeting.Nicholas Azinge, the commissioner for health, told the council that following the death of one person in the [...]

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    Ebonyi gov increases traditional rulers’ allowances

Ebonyi gov increases traditional rulers’ allowances

David Umahi, governor of Ebonyi state, has approved the increase of the state’s traditional rulers’ palace maintenance allowance from N40,000 to N100,000.Emma Anya, Umahi’s chief press secretary (CPS), disclosed this in a statement issued in Abakaliki, the state capital, on Monday.Anya said the increase took effect from August.“The ministry of local and chieftaincy matters is to ensure the implementation of [...]

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    Flood submerges five communities in Ebonyi

Flood submerges five communities in Ebonyi

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    Ebonyi NLC chairman hospitalised after ‘police beating’

Ebonyi NLC chairman hospitalised after ‘police beating’

Ikechukwu Nwafor, chairman of the Ebonyi state chapter of the Nigeria Labour Congress (NLC), landed in the hospital after alleged assault from the police.Nwafor was said to have been beaten by personnel of the police command in the state when they foiled a protest on Thursday by labour leaders against the increase in the price of premium motor spirit (PMS) [...]

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    Ebonyi mandates public officials to cultivate hectares of rice

Ebonyi mandates public officials to cultivate hectares of rice

The Ebonyi state government has mandated each public office holder in the state to cultivate at least five hectares of rice in the 2016 farming season.Uchenna Orji, commissioner for agriculture and natural resources, said this in an interview with NAN, on the outcome of the rice summit organised by the ministry.According to him, the public office holders include: state executive [...]

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    Umahi orders relocation of herdsmen from EBSU

Umahi orders relocation of herdsmen from EBSU

David Umahi, governor of Ebonyi state, on Wednesday ordered the relocation of herdsmen from the premises of College of Agricultural Sciences (CAS) of the Ebonyi State University (EBSU), Abakaliki.Umahi gave the order when he received a delegation of the governing council of the Federal University, Alike, in Ikwo local government area of Ebonyi.The governor said it was embarrassing to see [...]

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    Ebonyi sacks 83 college of education staff

Ebonyi sacks 83 college of education staff

Dave Umahi, governor of Ebonyi state, has directed the immediate disengagement of 83 staff of the state College of Education, Ikwo, over alleged irregularities in their appointments.Umahi gave the order in Abakaliki, the state capital, while receiving reports of the committees set up to investigate the institution’s administration, state’s higher education sector and the international market.He said the disengagement should [...]

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    EFCC arrests Ebonyi speaker for ‘N60m fraud’

EFCC arrests Ebonyi speaker for ‘N60m fraud’

The Economic and Financial Crimes Commission (EFCC) says it has arrested Ogbonnaya Francis Nwaifuru, speaker of the Ebonyi state house of assembly.According to a statement issued by Wilson Uwujaren, EFCC spokesman, Nwaifuru was picked up at 11am on Friday at Akanu Ibiam International Airport, Enugu, after he spurned two previous invitations by the agency."Nwaifuru was first invited on October [...]

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    Fire kills mother, 7 children in Ebonyi

Fire kills mother, 7 children in Ebonyi

A mother and seven of her children died in an inferno in Ebonyi state on Saturday.George Okafor, police public relations officer PPRO, told NAN that the incident occurred at Ohufu village, Ogboji community of Ishiellu local government area of the state.“We have commenced investigations into the matter and would make its outcome public on conclusion,” he said.“The cause of the [...]

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    Ebonyi sacks press secretary to gov’s wife

Ebonyi sacks press secretary to gov’s wife

The Ebonyi state government has terminated the appointment of Vincent Olughu, press secretary to the Rachel Umahi, wife of the  governor.This is contained in a statement made available to NAN by Emma Anya, chief press secretary to the governor.The statement gave no reason for the decision but said that Olughu would be replaced by Donatus Owoh, a staff of the [...]

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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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