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)
Advertisement

Edo

    I did it out of annoyance, says pastor who ‘planted’ bomb in church

I did it out of annoyance, says pastor who ‘planted’ bomb in church

The Edo state police has arrested one Abel Eku, a pastor in Christ Chosen Church of God, for allegedly planting a bomb in the headquarters of the church.Eku planted the explosives inside the auditorium of the church headquarters on January 22, ahead of the church's international conference, Daily Trust reports.The explosives were reportedly detected by some members, who then called the attention [...]

0 comment Read Full Article
    Edo varsity expels three students for alleged misconduct

Edo varsity expels three students for alleged misconduct

Three students of Edo University Iyamho, in Etsako west local government area of Edo state, have been expelled for alleged misconduct.Th‎e acting vice-chancellor, Emmanuel Aluyor, made this known on Monday during a press briefing. [...]

0 comment Read Full Article
    Ogbemudia, ex-Bendel governor, is dead

Ogbemudia, ex-Bendel governor, is dead

Samuel Ogbemudia, former military governor of the old Bendel state, is dead.NAN reported his death but gave no details.The deceased was a chieftain of the former ruling Peoples Democratic Party (PDP).He celebrated his 84th birthday last September.Ogbemudia joined the Nigeria army in 1957, training at Teshie, Ghana and at Netheravon and Salisbury Plain in England (1957).He attended the officer cadet [...]

1 comment Read Full Article
    Auchi Poly workers suspend strike after meeting with school management

Auchi Poly workers suspend strike after meeting with school management

After being away from work for one month, workers of the Federal Polytechnic Auchi, Edo state, have suspended their industrial action.The Academic Staff Union of Polytechnic (ASUP), Senior Staff Association of Nigerian Polytechnics (SSANIP) and Non-Academic Staff Union of Polytechnics (NASUP) of Auchi Poly had collectively embarked on the strike. [...]

0 comment Read Full Article
    Protesters break into venue of peace meeting in Edo, invite Osinbajo to the creeks

Protesters break into venue of peace meeting in Edo, invite Osinbajo to the creeks

Protesters broke into the venue of a meeting Acting President Yemi Osinbajo was having with stakeholders in Edo state on Monday, disrupting the entire programme.The meeting, which is a negotiation interface with the oil producing communities in the region, was disrupted after Usani Uguru, minister of state for Niger Delta, finished speaking.Not even the attempt of Godwin Obaseki, governor of [...]

1 comment Read Full Article
    Edo speaker escapes ‘assassination’

Edo speaker escapes ‘assassination’

Justin Okonoboh (pictured left), speaker of the Edo state house of assembly, says he escaped assassination attempt at Igueben local government area of the state, on Friday evening.Okonoboh disclosed this to reporters in Benin, the state capital, on Saturday.He thanked his backup driver and his security aides.“On my way back from my constituency at about 5pm on Friday where I [...]

0 comment Read Full Article
    ‘Robbers’ kill two security guards in Edo

‘Robbers’ kill two security guards in Edo

The Edo state police command has announced that two security guards were killed by suspected hoodlums during a robbery operation in the early hours of Monday.Moses Nkombe , police spokesperson in the state, who confirmed the incident, said the security guards were apparently killed by the suspected armed robbers.According to witnesses, the lifeless bodies of the guards were found by [...]

0 comment Read Full Article
    Auchi Poly lecturers stop work, threaten ‘indefinite strike’

Auchi Poly lecturers stop work, threaten ‘indefinite strike’

Academic activities at the Federal Polytechnic, Auchi, Edo state, has come to a halt as a result of the seven-day warning strike of the Academic Staff Union of Polytechnics (ASUP).A correspondent of the News Agency of Nigeria (NAN) who visited the school premises reports that lecture halls and offices were shut while some students were seen leaving the premises for [...]

0 comment Read Full Article
    Two Edo APC chieftains imprisoned for ‘murder’

Two Edo APC chieftains imprisoned for ‘murder’

An Oredo magistrates’ court in Benin on Thursday ordered that Osakpamwan Eriyo and Sunday Osagbona, two chieftains of the All Progressives Congress (APC), be remanded in prison for alleged attempted murder.C. Ojobo, the chief magistrate, who said she lacked jurisdiction to entertain the case, directed that both accused persons be taken to Oko Medium Security prison.She said the prison has [...]

0 comment Read Full Article
    Edo election tribunal begins hearing Jan 11

Edo election tribunal begins hearing Jan 11

The Edo state election petition tribunal says it will not limit parties on the number of witnesses to call in the petition filed by the Peoples Democratic Party (PDP) and Osagie Ize-Iyamu, its governorship candidate.Ahmed Badamasi, chairman of the three-member tribunal, made the submission in its pre-hearing report on Thursday.The party and Ize-Iyamu, in their petition, are challenging the declaration [...]

1 comment Read Full Article
    Obaseki writes off 50 percent burden of tax defaulters

Obaseki writes off 50 percent burden of tax defaulters

The Edo state government has approved a 50 percent waiver for tax defaulters in the state.In a statement on Sunday, John Mayaki, interim chief press secretary to Godwin Obaseki, governor of the state, said the moratorium had its terms and conditions, including that all outstanding tax liabilities up to December 1, 2016 must be paid within 90 days.He said debts [...]

1 comment Read Full Article
    12 Auchi Poly lecturers sacked for trading ‘higher grades’ for sex

12 Auchi Poly lecturers sacked for trading ‘higher grades’ for sex

Twelve lecturers of Auchi Polytechnic, Edo, have been dismissed by the National Board for Technical Education (NBTE) for giving undergraduates high grades in exchange for sex.Masa’udu Kazaure, executive secretary of the board, announced the lecturers' dismissal on Thursday at a news conference in Kaduna. [...]

0 comment Read Full Article
    Fashola: Sango, the god of lightning, can’t produce 1KW of electricity

Fashola: Sango, the god of lightning, can’t produce 1KW of electricity

Babatunde Fashola, minister of power, works and housing, says Sango, despite being the god of lightning and thunder, does not have the capacity to generate a single kilowatt of electricity.Delivering the convocation lecture at the University of Benin on Friday, Fashola urged the graduands to free their minds from fear, and stop deifying resources that can be harnessed for the [...]

2 comments Read Full Article
    Edo speaker: N200m cannot buy Oshiomhole a house in Lekki

Edo speaker: N200m cannot buy Oshiomhole a house in Lekki

Justin Okonoboh, speaker of the Edo state house of assembly, says the N200 million approved for former governor Adams Oshiomhole cannot buy him a house in Lekki, Victoria Island or Banana Island - the choice residential areas for Nigeria's richest.The Edo state house of assembly had approved the construction of a residential building worth N200 million for Oshiomhole and a [...]

1 comment Read Full Article
    After winning 19 awards, UNIBEN graduate says ‘it was too much’

After winning 19 awards, UNIBEN graduate says ‘it was too much’

Pius Ojemolon, a medicine graduate of University of Benin (UNIBEN), won 19 awards at the convocation ceremony of the institution.Seven of Ojemolon’s nineteen awards were from the university while 12 others were sponsored by well-meaning individuals and foundations. [...]

0 comment Read Full Article
    N200m for ex-govs? SERAP asks Obaseki to withdraw the ‘immoral bill’

N200m for ex-govs? SERAP asks Obaseki to withdraw the ‘immoral bill’

The Socio-Economic Rights and Accountability Project (SERAP) says Godwin Obaseki, governor of Edo state, must withdraw the "immoral bill" seeking N300 million mansion retirement benefits for immediate past governor of Edo State, Adams Oshiomhole, and his former deputy, Pius Odubu.SERAP called on Obaseki to “immediately withdraw the bill, and use the funds to clear the backlog of pension arrears spanning between [...]

0 comment Read Full Article
1 2 3 8

Exchange Rates

March 24, 2017USDGBPEUR
INTERBANK307.88385.25331.83
LAGOS385500430
KANO395505425
PH390500430
ABUJA385496430
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement