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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Katsina

    EFCC asks court to remand Shema, ex-Katsina gov, in prison

EFCC asks court to remand Shema, ex-Katsina gov, in prison

The Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned Ibrahim Shema, former governor of Katsina state, alongside three others before Ibrahim Bako, a justice of Katsina high court.He was arraigned on a 22-count charge bordering on criminal breach of trust and misappropriation of public funds.Jibrin Samuel, the agency's counsel, urged the court to revoke an administrative bail earlier given [...]

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    2 Shi’ia members ‘slaughtered’ in Kaduna, 9 in Katsina during Ashura procession

2 Shi’ia members ‘slaughtered’ in Kaduna, 9 in Katsina during Ashura procession

Two people were slaughtered in kaduna state while another nine were killed in Katsina as security agencies prevented Shi'ites from performing the Ashura festival, the Islamic Human Rights Commission (IHRC) has said.According to the commission, security agencies are hellbent on preventing members of the Islamic Movement of Nigeria (IMN) from taking part in annual processions.The processions mark the martyrdom of a grandson of [...]

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    Police ban religious processions in Katsina

Police ban religious processions in Katsina

The Katsina state police command has banned all forms of processions, rallies and “unlawful” assemblies by religious groups or any group of people in the state.Salisu Agaisa, the command’s public relations officer (PRO), disclosed this in a statement issued on Monday.“Any person(s) caught violating this order will be arrested and prosecuted,” the statement read.“The command wishes to inform the general [...]

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    PHOTOS: Buhari hosts corp members, thanks Gowon for NYSC scheme

PHOTOS: Buhari hosts corp members, thanks Gowon for NYSC scheme

Members of the National Youth Service Corps (NYSC) on Tuesday paid a visit to President Muhammadu Buhari in Daura, Katsina state.The excited corp members serving in Daura were excited o meet with Buhari who is in his hometown for the eid mubarak celebrations. [...]

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    PHOTOS: Buhari goes home for Sallah

PHOTOS: Buhari goes home for Sallah

President Muhammadu Buhari will celebrate eid-el-kabir in his hometown of Daura, Katsina state.Buhari, who arrived Katsina on Friday, was received by Aminu Bello Masari, Katsina state governor, Mannir Yakubu, deputy governor, Abdulmumini Kabir Usman, emir of Katsina and other eminent personalities. [...]

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    Troops kill cattle ‘rustler’, armed ‘bandits’ in Katsina

Troops kill cattle ‘rustler’, armed ‘bandits’ in Katsina

Troops of 35 Battalion, 1 brigade Nigerian army on Friday killed a suspected cattle rustler and armed bandits on Tsambe-Fafare road, Jibia local government area of Katsina state.Sani Usman, army spokesman, disclosed this in a statement issued in Abuja on Saturday.He said the troop were in a joint patrol with Nigeria Security and Civil Defence Corps (NSCDC), Katsina State, under [...]

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    Katsina court remands 5 for ‘feeding dog with new born baby’

Katsina court remands 5 for ‘feeding dog with new born baby’

A chief magistrates’ court in Katsina state has ordered the remand of one Muhammad Bello, 45, a teenage girl, and three others for allegedly killing a newborn baby born out of wedlock.The suspects were said to have fed a dog with the corpse of the child.Altine Ragiji, police prosecutor, told the court that the incident occurred at Saika village in [...]

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    Katsina gov sets up panel to probe ‘missing N70bn’

Katsina gov sets up panel to probe ‘missing N70bn’

Aminu Masari, governor of Katsina state, has inaugurated an 11-man judicial commission of inquiry to investigate the alleged N70 billion unaccounted for by the administration of Ibrahim Shema, his predecessor.Inaugurating the commission in Katsina on Monday, Masari said it had become necessary to embark on such step because more than 90 per cent of the money was illegally taken by [...]

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    Fuel scarcity hits Katsina

Fuel scarcity hits Katsina

There is currently fuel scarcity in Katsina state with long queues found in many filling stations in the metropolis, according to NAN.Apart from NNPC mega station and Forte Oil, which were dispensing the product at N87 per litre, the few ones that had the commodity sold at N100 per litre and above and most of them stations dispensed the product [...]

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    Soldiers kill 11cattle rustlers in Katsina

Soldiers kill 11cattle rustlers in Katsina

Troops of Nigerian army operating in Faskari and Safana areas of Katsina state have killed 11 notorious cattle rustlers in action. The soldiers also arrested 39 armed bandits and handed them over to police.According to a press statement made available to reporters on Thursday in Katsina by Ikechukwu Stephen Eze, a captain and assistant director army public relations, many others escaped [...]

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    Masari begins probe of Shema

Masari begins probe of Shema

Aminu Masari of Katsina state, has inaugurated four committees to investigate activities of some departments and agencies in the state during the administration of Ibrahim Shema.The agencies and departments under investigation are the state Road Maintenance Agency (KASROMA), Department of Girl-child Education, Millennium Development Goals (MDG/SURE-P) and Universal Basic Education Board (SUBEB).Inaugurating the committes on Monday, Masari directed them to [...]

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    N13bn missing from Katsina treasury, says Gov. Masari

N13bn missing from Katsina treasury, says Gov. Masari

Aminu Masari, governor of Katsina state, has alleged that N13 billion is missing from the account of the state’s ministry of finance.Masari made this known during his maiden news conference in the state on Thursday.“We are investigating the whereabouts of this staggering sum in the document handed over to the transition committee,” he said.“The ministry of finance has failed to [...]

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    Katsina federal legislator dies 5 days to inauguration

Katsina federal legislator dies 5 days to inauguration

Umar Abubakar, the house of representatives member-elect for Katsina federal constituency, has died exactly five days ahead of the inauguration of the eight assembly.Abubakar was a member of the national assembly and got re-elected on the platform of the All Progressives Congress (APC) for a second term.Aged 64, he died in his Katsina home in the early hours of Wednesday and [...]

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    Masari, Katsina gov, warns LG chairmen against graft

Masari, Katsina gov, warns LG chairmen against graft

Aminu Masari, the new governor of Katsina state, has directed the 34 local government council chairmen in the state to account for all the funds disbursed to them by Ibrahim Shema, his predecessor, after April 11 election.Masari gave the directive to the chairmen during a meeting he had with them on Tuesday.In May, Lawal Jari, the immediate-past commissioner of finance, [...]

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    Katsina gov, Shema, to hand over N4bn to successor

Katsina gov, Shema, to hand over N4bn to successor

Ibrahim Shema, outgoing governor of Katsina state, says he would leave N4 billion in the state treasury for the incoming administration.Shema made the disclosure when he received management staff of the Federal University, Dutsin-ma in Katsina on Thursday.He said before handing over, he would release N8.5 billion to the 34 local government councils in the state to continue with projects [...]

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    Buhari visits his Katsina farm

Buhari visits his Katsina farm

Muhammadu Buhari, Nigeria’s president-elect, visited his farm at Daura, his hometown in Katsina state, on Tuesday.Accompanied by a few aides, Buhari was spotted at the cow section, looking on with admiration.Prior to his election, little or nothing was known about his private investment. At a point, the directorate of the Peoples Democratic Party (PDP) even taunted him that he could he not [...]

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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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