Monday, January 16, 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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Ekiti

    Fayose: The God of Adeboye, Kumuyi will bring down the enemies in this government

Fayose: The God of Adeboye, Kumuyi will bring down the enemies in this government

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    Sacked Ekiti LG chairmen reject Fayose’s N35m offer

Sacked Ekiti LG chairmen reject Fayose’s N35m offer

The former chairmen of the 16 local government areas in Ekiti who were sacked by Kayode Fayemi, the immediate past governor, have rejected the N35 million offered by Ayodele Fayose, incumbent governor.Fayose made the offer out of the N3.3billion owed them.On December 9, the supreme court ordered the state government to pay the chairmen and counsellors N3.3 billion as compensation.In [...]

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    Ekiti assembly passes Fayose’s N93bn budget without ANY alteration

Ekiti assembly passes Fayose’s N93bn budget without ANY alteration

The Ekiti state house of assembly has passed the 2017 budget presented to it two weeks ago by Ayo Fayose, governor of the state, without any alteration or amendment.The assembly passed the N93.4 billion budget via an appropriation bill tagged: 'Budget of Consolidation for Higher Heights.'The 2017 appropriation bill recurrent was N55.02bn, which is 59 per cent of the budget, [...]

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    Engineer killed in Ekiti – hours after policeman was murdered

Engineer killed in Ekiti – hours after policeman was murdered

Kunle Enisan, an engineer with Ido/Osi local government area of Ekiti state, was murdered less than 24 hours after Idowu Taiwo, a senior police officer, was kidnapped and killed.Both men lost their lives in Ado-Ekiti, the state capital.According to NAN, the latest victim was in his early 40s, and he had two children.Adeoye Aribasoye, brother-in-law of the deceased, said the [...]

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    Corpse of senior police officer in Ekiti found 24 hrs after kidnap

Corpse of senior police officer in Ekiti found 24 hrs after kidnap

Idowu Taiwo, superintendent of police attached to Ekiti state police command, has been murdered by unknown persons.The deceased was reported to have been initially kidnapped at a relaxation spot on Sunday night.His corpse was later found on Monday in a car in Ado Ekiti, capital of the state, after a search for his whereabouts.Until his death, the deceased was the [...]

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    Fayose cancels 400 appointments at Ekiti varsity

Fayose cancels 400 appointments at Ekiti varsity

Ayo Fayose, governor of Ekiti state, has cancelled the recent employment of 400 persons by Ekiti State University (EKSU), Ado Ekiti.Idowu Adelusi, chief press secretary to the governor, said this in a statement issued in Ado Ekiti, the state capital on Tuesday.He said the action was consequent upon irregularities that characterised the exercise.Adelusi said the university failed to advertise the [...]

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    Court orders EFCC to unfreeze Fayose’s accounts

Court orders EFCC to unfreeze Fayose’s accounts

A federal high court sitting in Ado Ekiti, capital of Ekiti state, has set aside an earlier order of a federal high court in Lagos empowering the EFCC to freeze two Zenith Bank accounts of Ayo Fayose, governor of Ekiti.The court ordered the EFCC to immediately lift the freeze order on the two accounts belonging to the governor, saying the [...]

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    PHOTO-EXTRA: Fayose wears army camouflage to present 2017 budget

PHOTO-EXTRA: Fayose wears army camouflage to present 2017 budget

Ayo Fayose, Ekiti state governor, is skilled in the art of attracting public attention.This trait was on full display on Tuesday when he wore military fatigues to the state house of assembly to present the N93.4bn 2017 budget to the lawmakers. [...]

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    PHOTOS: All hail Chief Fayose, friend of the Igbo

PHOTOS: All hail Chief Fayose, friend of the Igbo

Ayodele Fayose, governor of Ekiti state, was conferred with the title Nwannedinamba Ndigbo (Friend of the Igbo) on Saturday.He was honoured with the title during the 2016 Igbo cultural day celebration in Ekiti.Below are some pictures:[...]

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    EXTRA: Fayose shares birthday cake on streets

EXTRA: Fayose shares birthday cake on streets

Residents of Ado-Ekiti, capital of Ekiti, had a time of their lives on Thursday as the number one citizen in the state served them birthday cakes.Ayodele Fayose, governor of the state, clocked 56 years on Tuesday.According to Lere Olayinka, Fayose’s spokesman, the governor decided to share some of the gifts he recieved with the people.Olayinka said excited market women and [...]

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    Robbers raid bank, police station in Ekiti, kill manager, cashier, 2 guards

Robbers raid bank, police station in Ekiti, kill manager, cashier, 2 guards

A manager with Heritage Bank, a cashier and two other persons were killed in a robbery incident at Otun Ekiti, headquarters of Moba local government area of Ekiti state, on Friday.The other persons killed were two security guards; one attached to the palace of Adedapo Popoola, the paramount ruler of the town, and another attached to Unity Bank.Another group of [...]

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    Court remands Kukah’s impostor

Court remands Kukah’s impostor

For allegedly impersonating Matthew Kukah, bishop of Sokoto Catholic Diocese, in order to defraud Afe Babalola (SAN), a man is facing trial at a federal high court in Ado-Ekiti.The accused and others now at large had sometime in June 2016 obtained N2.5 million from Babalola, founder of Afe Babalola University, according to Femi Falade, prosecutor.He said they impersonated Kukah and [...]

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    Illegal polytechnic uncovered in Ekiti, owner arraigned for fraud

Illegal polytechnic uncovered in Ekiti, owner arraigned for fraud

The Economic and Financial Crimes Commission has arraigned Johnson Babatola, a fake polytechnic operator, through the help of the National Board for Technical Education (NBTE), Kaduna.Babatola, a former principal manager of the Central Bank of Nigeria, was accused of operating an illegal polytechnic named Teedek Polytechnic, located in Ilogbo, Ekiti state. [...]

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    I am the real change, says Fayose

I am the real change, says Fayose

Ayo Fayose, governor of Ekiti state, has declared himself "the real change".The catchword 'change' was what the All Progressives Congress (APC) sold to Nigerians in the buildup to the 2015 general election, which it was largely successful in.But Fayose, fierce critic of the APC, appropriated the catchword on Wednesday when he hosted teachers at the Oluyemi Kayode stadium in Ado-Ekiti, the state [...]

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    Aregbesola celebrates with Fayose in Ekiti

Aregbesola celebrates with Fayose in Ekiti

Rauf Aregbesola, Osun state governor, visited Ayodele Fayose, his Ekiti state counterpart, on Saturday.According to Lere Olayinka, Fayose’s spokesman, Aregbesola visited Ekiti to commemorate with the state on its 20th anniversary.The visit comes nine months after Aregbesola hosted Fayose at the government house in Osogbo.Back then, there were reports that Fayose was in the state to ask his colleague help [...]

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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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