Saturday, January 14, 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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Kogi

    Fayemi vows to probe report of mining damage to Okobo residents

Fayemi vows to probe report of mining damage to Okobo residents

Kayode Fayemi, minister of solid minerals development, says his team is reviewing the situation at Okobo, a mining host community in Ankpa local government area, Kogi state.TheCable recently published a report highlighting the adverse environmental and economic impact of coal mining in the community.The minister reacted to the report through his Twitter page, revealing that he had delegated officials from [...]

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    Gunmen abduct Kogi monarch, demand N20m ransom

Gunmen abduct Kogi monarch, demand N20m ransom

Unknown gunmen abducted Isah Achuja, the Ohi of Ajaokuta in Kogi state on Sunday, and demanded a ransom of N20 million.Achuja was returning to his kingdom from Lokoja, the state capital, when his vehicle was intercepted on the Lokoja-Ajaokuta road.He was then taken to an unknown destination.A member of the royal family, who did not want his name in print, [...]

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    Kogi commissioner quits after 7 months

Kogi commissioner quits after 7 months

Tim Diche, Kogi state commissioner for agriculture and natural resources, has resigned his appointment.Kingsley Fanwo, director-general, media and publicity to the governor, confirmed the resignation in a statement.Fanwo said Diche resigned on personal grounds.Diche, a Pharmacist, served in that capacity for seven months.He and Yahaya Bello, the incumbent governor, participated in the All Progressives Congress (APC) governorship primary conducted in [...]

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    2 die in Kogi communal clash

2 die in Kogi communal clash

Two people lost their lives in a communal clash in Ikende community in Bassa local government council area of Kogi state.William Aya, police public relations officer (PPRO) in the state, confirmed this to journalists in Lokoja on Tuesday.He said the clash involved the people Ebira and Bassa kwomu.Aya said corpses of the two victims were recovered by police officers deployed [...]

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    In the abundance of water, Lokoja is thirsty

In the abundance of water, Lokoja is thirsty

Damage to a major pipeline supplying water to Tank A at Ganaja Junction in Lokoja is causing scarcity of water to residents in Lokoja and environs.A statement by the Kogi ministry of water resources on Tuesday in Lokoja said the damage was on the pipeline from the Greater Lokoja Water Works connecting Tank A at the Ganaja Juncttion.The statement, signed by [...]

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    Yahaya Bello: Col. Ali made Kogi people proud

Yahaya Bello: Col. Ali made Kogi people proud

Yahaya Bello, governor of Kogi state, has condoled with the family of Etsu of Bassa-Nge kingdom in the state, over the death of Muhammed Abu Ali, a lieutenant colonel, who was killed by Boko Haram insurgents.Ali, a brave soldier whose gallantry has been commended, was the son of Abu-Ali, a retired brigadier general.In a statement issued by Petra Akinti Onyegbule, [...]

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    EFCC is not a tool for fighting parochial interests, says Yahaya Bello

EFCC is not a tool for fighting parochial interests, says Yahaya Bello

Yahaya Bello, governor of Kogi state, says the Economic and Financial Crimes Commission (EFCC) is not a tool for fighting “parochial interests”.Reacting to the report that the commission had been shielding him, Bello said “architects of falsehood and uncircumcised ignorance” were out to tarnish his reputation.He vowed not to be distracted, and said the cause of the rot in the [...]

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    EFCC ‘shielding’ Yahaya Bello over corruption allegations

EFCC ‘shielding’ Yahaya Bello over corruption allegations

Kogi in Action, a socio-political group, has accused the Economic and Financial Crimes Commission (EFCC) of refusing to investigate Yahaya Bello, governor of Kogi state, despite series of petition against him.In June, Egalitarian Mission for Africa (EMA), also a socio-political group, sent some information to the EFCC on the alleged “fictitious withdrawals and evidence of contracts inflation” by the current [...]

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    Kogi makes history… here comes first-ever female press secretary

Kogi makes history… here comes first-ever female press secretary

Petra Akinti Onyegbule has been appointed the first-ever female chief press secretary in Kogi state.Onyegbule's appointment also makes her the first in her position in northern Nigeria. [...]

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    Ahead of S’court verdict, police ban open jubilation in Kogi

Ahead of S’court verdict, police ban open jubilation in Kogi

The Kogi state police command has banned open jubilation and demonstration ahead of the supreme court verdict on the Kogi state governorship election.The apex court will give its judgment on Tuesday.At a press conference in Lokoja, the state capital, Abdullahi Chafe, the state commissioner of police, said intelligence reports reaching the command revealed that “some miscreants were planning to foment [...]

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    5 top Kogi officials arrested for ‘diverting’ N230m pension fund

5 top Kogi officials arrested for ‘diverting’ N230m pension fund

Five top civil servants in Kogi have been arrested for allegedly diverting N230 million pension fund to their private uses.Yusuf Okala, accountant-general of the state, confirmed the development to NAN in Lokoja on Sunday.Okala, who is also the chairman of the Staff Screening and Verification Committee, said the alleged fraud was discovered in the course of the committee’s work.“Yes, it [...]

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    Audu-Faleke organisation condemns robbery charge against Audu’s son

Audu-Faleke organisation condemns robbery charge against Audu’s son

The Audu/Faleke political organisation says the arrest and subsequent arraignment of Mohammed Audu, son of late Abubakar Audu, on armed robbery charges is an attempt to create an atmosphere of disorderliness in Kogi state.The late Abubakar Audu was the governorship candidate of the All Progressives Congress (APC) in the state, but died before the election was concluded.Although, the party replaced the [...]

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    Abubakar Audu’s son charged with robbery

Abubakar Audu’s son charged with robbery

The police in Kogi on Thursday arraigned Mohammed Audu, son of Abubakar Audu, former governor of the state, for robbery and attempted culpable homicide.He was arraigned at a Lokoja magistrates’ court.Mohammed was arrested after honouring police invitation at the Special Anti-Robbery Squad (SARS) at the police headquarters in Lokoja, on Wednesday night.The prosecution charged the accused with criminal conspiracy, causing [...]

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    Bello tells Faleke to stop ‘overheating’ the polity

Bello tells Faleke to stop ‘overheating’ the polity

Yahaya Bello, governor of Kogi state, has asked James Faleke, running mate to the late Abubakar Audu, candidate of the All Progressives Congress (APC) in the November 21 election, to stop overheating the polity.Reacting to Faleke’s allegation that his administration is plotting to use the Department of State Services (DSS) to write a false security report ahead of the supreme [...]

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    Faleke asks DSS to shun Bello’s ‘satanic request’

Faleke asks DSS to shun Bello’s ‘satanic request’

James Faleke, running mate to the late Abubakar Audu, candidate of the All Progressives Congress (APC) in the November 21 election in Kogi state, has asked the Department of State Services (DSS) to shun the “satanic request” of Yahaya Bello, governor of the state.He said the people of Kogi are fed up with Bello’s administration, asking the supreme court to [...]

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    UPDATED: Bello ‘stoned’ in Lokoja for celebrating Kogi@25 while owing salaries

UPDATED: Bello ‘stoned’ in Lokoja for celebrating [email protected] while owing salaries

Yahaya Bello, governor of Kogi state, was on Friday stoned after Juma'at service at Central Mosque, Old Market, Lokoja.Confirming the incident to TheCable, a witness who observed the prayers in the same mosque as the governor, said the angry residents claimed that the governor had not paid them their salaries but was spending state funds on celebrations."The boys said he [...]

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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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