Wednesday, March 22, 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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Ekiti

    Fayose: Rape an Ekiti woman and spend the rest of your life in jail

Fayose: Rape an Ekiti woman and spend the rest of your life in jail

Ayodele Fayose, governor of Ekiti state, says he has enacted a law which proposes life imprisonment for raping an Ekiti woman.Speaking on Wednesday during the celebration of the International Women’s Day, Fayose said women deserve to be appreciated.He thanked his wife for her support and rained praises on her.“I thank you all for allowing me to celebrate you. Let me appreciate [...]

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    EXTRA: Fayose turns roadside ‘tailor’

EXTRA: Fayose turns roadside ‘tailor’

Just when people think the “comedy thrills” of Ayodele Fayose, governor of Ekiti state, is running dry, the fiery politician bounces back in another style.From sharing cakes on the streets to riding on commercial motorcycles, driving heavy duty trucks, making joke out of a serious business (which civilian governor storms the house of assembly in camoflague and sun shade, to [...]

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    Fayose confirms release of Ekiti’s January allocation

Fayose confirms release of Ekiti’s January allocation

Ayodele Fayose, Ekiti governor, has said the federal government has released the withheld January budget support fund (BSF) to the state.Fayose made this known on Saturday while speaking on a live programme tagged ‘Meet Your Governor’ aired on the state-owned Ekiti television and radio stations.He had earlier accused the federal government and the ministry of finance of intentionally withholding the [...]

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    Man arrested with fresh human head in Ekiti

Man arrested with fresh human head in Ekiti

The Ekiti state police command on Wednesday announced that it had arrested a suspected ritualist with the head of a 12-year-old child.Alberto Adeyemi, the state police public relations officer, said David Oluwatosin and Tosin Oluwatosin, brothers of the same parent were behind the act.Adeyemi said David is currently at large, but that Tosin was nabbed in Ifaki Ekiti, Ido/Osi local government [...]

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    FG has seized Ekiti’s January allocation, says Fayose

FG has seized Ekiti’s January allocation, says Fayose

Ayodele Fayose, governor of Ekiti state, has accused the federal government of deliberately withholding the monthly allocation of his state.He said this while briefing reporters at the government house, Ekiti.Fayose alleged that there were plans to inhibit ongoing projects in the state, revealing that a protest letter had been sent to Kemi Adeosun, minister of finance, but that there had been no [...]

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    One day after suing Fayose’s aide, Ekiti lawmakers summon Fayemi

One day after suing Fayose’s aide, Ekiti lawmakers summon Fayemi

The Ekiti state house of assembly has asked Kayode Fayemi, former governor of the state, minister to appear before it on Tuesday.The assembly said it decided to invite him over the alleged diversion of N850 million State Universal Basic Education Board (SUBEB) counterpart fund during his tenure as governor.Fayemi is currently the minister of solid minerals development. This will be [...]

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    Herdsman remanded for grazing on N25m farmland in Ekiti

Herdsman remanded for grazing on N25m farmland in Ekiti

An Ado-Ekiti  magistrate court on Thursday ordered the remand of Abubakar Usman, a 30-year-old herdsman, for grazing on a cassava farmland "valued at N25 million".Bankole Olasunkanmi, the prosecutor, told the court that the accused and others at large, committed the offence at Iyemero farm settlement camp ‎in Ikole-Ekiti, sometimes in December.Olasunkanmi said Usman unlawfully permitted his cattle to graze on [...]

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    Fayose ‘prevents’ DSS from aresting pastor who told aides to kill Fulani herdsmen

Fayose ‘prevents’ DSS from aresting pastor who told aides to kill Fulani herdsmen

Ayodele Fayose, governor of Ekiti, says he prevented operatives of the Department of State Services (DSS) from arresting Johnson Suleman, founder of the Omega Fire Ministries Worldwide, in the early hours of Wednesday.The pastor was in Ado-Ekiti for a two-day crusade.While speaking to his congregation recently, said he instructed his security aides to kill herdsmen who come around the church premises."After [...]

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    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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Exchange Rates

March 21, 2017USDGBPEUR
INTERBANK314.75392.17340.21
LAGOS445530465
KANO445530470
PH447535472
ABUJA445530465
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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