Thursday, January 19, 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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Kano

    Traffic agents, road union workers exchange gunshots in Kano

Traffic agents, road union workers exchange gunshots in Kano

Sporadic gunshots rent the air in Zaria road, Kano state, on Wednesday morning as staff of the state road traffic agency clashed with road union workers.The gunfire exchange, which lasted more than 20 minutes, started when the road traffic agency, popularly known as KAROTA, attempted to bar the road union workers from loading passengers from Zaria road roundabout.Witnesses said the road union [...]

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    85-year-old grandma commits suicide in Kano

85-year-old grandma commits suicide in Kano

Salamatu Hassan, an 85-year-old resident of Jar-Kuka village in Gezawa local government area of Kano, has committed suicide.According to Magaji Musa Majia, a deputy superintendent of police and spokesman of the Kano state police command, the octogenarian hanged herself on a tree.He said the mother of six was suffering from mental disorder.Majia added that the police took the victim's body to the Sir [...]

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    DSS ‘arrests’ 3 suspected Boko Haram members in Kano

DSS ‘arrests’ 3 suspected Boko Haram members in Kano

The Department of State Services (DSS) says it has arrested three suspected Boko Haram members in Kano state.In a statement on Friday, Tony Opuiyo, spokesman of the agency, said the trio had perfected plans to carry out series of attacks with Improvised Explosive Devices (IEDs) in different parts of the north-west."In continuation of the fight against terrorism, on 30th November, [...]

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    Bird flu: Kano govt kills 9,000 birds

Bird flu: Kano govt kills 9,000 birds

The Kano state government says it has killed 9,000 birds since two weeks ago when bird flu resurfaced in the state.Shehu Bawa, a director in the state’s ministry of agriculture and natural resources, made the disclosure in an interview with NAN on Thursday in Kano.He said the birds were killed in two poultry farms that had been infected with the [...]

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    Radio Kano is among the best… everyone is proud of us

Radio Kano is among the best… everyone is proud of us

Saadatu Mohammed, managing director of Kano state radio, says there is no room for slander or libel at the station because its staff are well trained.She promised to give equal opportunity to members of the opposition in the state to air their views whenever they want to.Speaking with journalists at her office in Kano on Tuesday, Mohammed said Abdullahi Ganduje, [...]

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    Kano anti-graft agency recovers N1bn cash in one year

Kano anti-graft agency recovers N1bn cash in one year

The Kano State Public Complaints and Anti-Corruption Commission has recovered more than N1.150 billion cash, movable and immovable property between 2015 and 2016.Muhuyi Rimingado, executive chairman, Kano State Public Complaints and Anti-Corruption Commission, disclosed this in an interview with NAN.Rimingado added that the commission was investigating many individuals, revealing that a land worth a billion naira at Dotsa village is [...]

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    TETFund: We’ll punish those behind building collapse at Okopoly, Kano varsity

TETFund: We’ll punish those behind building collapse at Okopoly, Kano varsity

The Tertiary Education Trust Fund (TETFund) has vowed to punish those behind the building collapse at Kano State University of Science and Technology (KUST), Wudil, and the Federal Polytechnic, Oko, Anambra state.The pledge was made when the committee, which was set up to investigate the incidents, submitted its report to Abdullahi Bichi Baffa,  executive secretary of TETFund, with the agency [...]

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    Kano commissioner arraigned for land ‘racketeering’

Kano commissioner arraigned for land ‘racketeering’

Faruk Faruk, Kano state commissioner of lands, was on Thursday arraigned before a high court over alleged land racketeering.Also arraigned were Mahmud Bari, a former permanent secretary of the ministry, and Ahmad Ibrahim, a director.The public complaint and anti-corruption commission of the state charged the trio for criminal breach of trust, which is punishable under section 97 of the penal [...]

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    Strange injection killed corps member in Kano camp, says sister

Strange injection killed corps member in Kano camp, says sister

Oladapo Ifedolapo joined thousands at the National Youth Service  Corp orientation camp that began on November 24 but lost her life after receiving a strange injection at the Kano NYSC clinic.Oyeyode Abimbola, her elder sister, in a Facebook post, said the Ladoke Akintola University of Technology graduate did not receive prompt medical care because the officials thought she wanted to avoid [...]

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    Electricity cable vandal electrocuted in Kano

Electricity cable vandal electrocuted in Kano

Jamilu Adamu, a 35-year-old man, was electrocuted at Kawon Maigari Hotoro area of Kano state, while trying to allegedly vandalise a fenced public transformer.Mohammed Kandi, spokesman of Kano Electricity Distribution Company (KEDCO), disclosed this in a statement issued on Wednesday.He said the deceased was found dead with some tools, including sizes 17 and 20 ring and flat spanner in his [...]

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    How a northern university is countering extremism

How a northern university is countering extremism

Mohammed Yahuza Bello, vice-chancellor of Bayero University, Kano has launched a counter extremism initiative aimed at tackling the problem through the use of counter narratives.The peer to peer initiative entitled, ‘SUNRISE’, which is being implemented by students drawn from various faculties in the humanities is aimed at bringing young people together to join in the conversation of stamping out extremism and [...]

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    Kidnappers to get death penalty in Kano

Kidnappers to get death penalty in Kano

Abdullahi Ganduje, governor of Kano state, has signed the state kidnapping, abduction and forced labour bill into law.Salihu Yakasai, director-general of media and publicity to the governor, revealed this on Thursday, saying the law became necessary in view of the spate of kidnappings in the state.“The law provides for death sentence for kidnappers who abduct and kill their victim, while [...]

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    Ganduje: Until Shi’ites obey the law, the police will keep restricting them

Ganduje: Until Shi’ites obey the law, the police will keep restricting them

Abdullahi Ganduje, governor of Kano state, has advised members of the Islamic Movement in Nigeria (IMN) in Kano, popularly known as Shi’ites, to recognise the authority of security officials by seeking their permission before they hold any gathering.Ganduje said this in an interview with journalists on the sideline of the third edition of the Nigeria Entrepreneurs Award in Abuja.The governor [...]

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    Again, DSS raids BDCs, arrests dealers selling dollar above N400

Again, DSS raids BDCs, arrests dealers selling dollar above N400

The Department of State Services (DSS) raided bureau de change (BDC) operators in Kano on Friday.Those targeted were the ones selling above  N400 per dollar.The security agency had carried out a similar raid in Lagos and Abuja, in government's attempt to enforce a relatively fixed price regime.Abdulhamid Kabir, auditor general of the Al amanat Bureau de Change association, Kano, said the operation [...]

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    One killed, many injured as ‘political thugs’ go on rampage in Kano

One killed, many injured as ‘political thugs’ go on rampage in Kano

There was commotion in the Hotoro area of Maiduguri Road in Kano state on Wednesday, following a clash between suspected political thugs of the ruling All Progressives Congress (APC).A witness told TheCable that the thugs, who brandished dangerous weapons, attacked any one in sight.He said some innocent individuals sustained injuries in the violent confrontation, which led to the loss of [...]

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    Shi’ites release list of detained members, say police dumped 40 corpses at Kano hospital

Shi’ites release list of detained members, say police dumped 40 corpses at Kano hospital

The Islamic Movement of Nigeria (IMN) has released a list of its members who allegedly detained by the police after Monday’s clash.Trouble broke out after the police interrupted the annual “Arbaeen” symbolic trek of the sect.While the police put the casualty figure at eight, including an officer, the group said it lost over 100 of its members.In a statement issued [...]

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Exchange Rates

January 19, 2017USDGBPEUR
INTERBANK315.69388.39335.29
LAGOS498600510
KANO497600508
PH500600510
ABUJA499600510
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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