Tuesday, January 17, 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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Osun

    UNIOSUN undergraduate kills fellow student over ‘misunderstanding’

UNIOSUN undergraduate kills fellow student over ‘misunderstanding’

A 400-level Physics Electronic student of University of Osun, Osogbo, identified as Adekunle, has been accused of stabbing his fellow student, Kazeem Ige, a 300-level Civil Engineering student.According to a statement made available by Folashade Odoro, spokesperson of Osun police command, the killing was reported at Oja-Oba police division by Seyi Bamigbayan, another student of the University. [...]

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    Some students invested their school fees in MMM, says UNIOSUN VC

Some students invested their school fees in MMM, says UNIOSUN VC

Several students of Osun State University have been unable to pay their school fees due to their investment in Mavrodi Mondial Moneybox, a popular Ponzi scheme.Labode Popoola, vice chancellor of the university, on Saturday told Punch that students owe an estimated N2bn in school fees. [...]

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    OAU provost: Candidate who scored 320 in JAMB didn’t meet medicine cut-off mark

OAU provost: Candidate who scored 320 in JAMB didn’t meet medicine cut-off mark

A provost of Obafemi Awolowo University (OAU) has explained why a student who did well in the University Tertiary Matriculation Examination failed to gain admission to study medicine in the institution.Aror Oghenerukewve, a student from Delta state, had lamented that she scored 320 in UTME but was unable to get admission into the university. [...]

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    OAU medical student dies after 6 days in coma

OAU medical student dies after 6 days in coma

Oluwaseun Olorunfemi, a 400 level medical student of Obafemi Awolowo University (OAU), Ile Ife, has died after being in coma for six days.Olorunfemi, who was hit by a vehicle on Tuesday, while going for "medical posting", was rushed to Obafemi Awolowo University Teaching Hospital (OAUTHC). [...]

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    Aregbesola: Osun is broke but people don’t believe because of the massive infrastructure I built

Aregbesola: Osun is broke but people don’t believe because of the massive infrastructure I built

Rauf Aregbesola, governor of Osun state, on Tuesday said people find it difficult to believe that the state is facing serious economic challenges because of the massive infrastructural projects undertaken by his administration.Maintaining that Osun is not the only state experiencing tough times, Aregbesola said the country must learn some lessons from the current situation.He said this when he played [...]

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    EFCC summons acting OAU VC, bursar

EFCC summons acting OAU VC, bursar

Anthony Elujoba, acting vice chancellor of Obafemi Awolowo University (OAU), and Aderonke Akeredolu, bursar of the institution, have been summoned by Economic and Financial Crimes Commission (EFCC) over payment of unapproved allowance.According to Punch, Elujoba, who has been in office for 4 months, was accused of paying an unapproved amount of money to the both academic and non academic staff.In a [...]

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    Ifa priest’s son, who bagged first class, announced dead at OAU convocation

Ifa priest’s son, who bagged first class, announced dead at OAU convocation

Bibilari Abayomi Elebuibon would have gotten an award at the just concluded 42nd convocation ceremony of Obafemi Awolowo University (OAU), instead, a moment of silence was held in his honour.Elebuibon was not alive to bask in the euphoria of being the best student with overall performance in Yoruba Language. [...]

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    Medicine graduate emerges OAU best graduating student, wins 11 awards

Medicine graduate emerges OAU best graduating student, wins 11 awards

Adeolu Tope Akinbowa emerged the best overall graduating student in the just concluded 42nd convocation ceremony of Obafemi Awolowo University (OAU), Ile-Ife.Akinbowa, a graduate of the faculty of Medicine, won eleven awards.  [...]

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    Senate on a collision course with Osun assembly over bailout funds

Senate on a collision course with Osun assembly over bailout funds

The Osun state house of assembly says the attempt of the senate to probe the application of N28.1 billion bailout fund allocated to the state by the federal government amounts to usurpation of power.Olatunbosun Oyintiloye, chairman of the house committee on information, said this at the plenary on Wednesday.This followed a matter of urgent public importance raised by Kamil Oyedele, [...]

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    UNIOSUN ‘sacks’ lecturer enmeshed in sex scandal

UNIOSUN ‘sacks’ lecturer enmeshed in sex scandal

Olabode Ojoniyi, a lecturer at the department of languages and linguistics in Osun State University, has been sacked by the institution's governing council.Ojoniyi, a professor, found himself in troubled waters after he was caught on video having an inappropriate relationship with one of his students, Mercy Ikwue. [...]

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    Aregbesola approves N797m take-off grants for newly created LCDAs

Aregbesola approves N797m take-off grants for newly created LCDAs

Rauf Aregbesola, governor of Osun state, has approved the release of N797 million take-off grant for the 31 newly created local council developments areas (LCDAs), area councils and administrative offices in the state.Semiu Okanlawon, spokesman of the governor, disclosed this in a statement issued on Sunday, saying Aregbesola also approved stabilisation funds for the 30 existing local government areas in [...]

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    2 car accidents take place inside OAU in one night

2 car accidents take place inside OAU in one night

Two car accidents occurred Sunday night in front of Fajuyi hall, Obafemi Awolowo University (OAU), Osun state.The first accident involved a drunk driver who crashed into the main entrance of Fajuyi hall around 9:30pm, TheCable Lifestyle has learnt. [...]

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    OAU Muslims: We don’t run brothels, our sisters not prostitutes

OAU Muslims: We don’t run brothels, our sisters not prostitutes

The Obafemi Awolowo University (OAU) chapter of the Muslim Students Society of Nigeria (MSSN) insists its female students are not prostitutes and its mosques shouldn’t be called brothels.OAU MSSN reacted to the recent allegations made by G.A Akinola, acting dean of students’ affairs, in a statement made available to TheCable Lifestyle. [...]

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    Our mosques only used for prayers, OAU ‘extremist group’ fires back

Our mosques only used for prayers, OAU ‘extremist group’ fires back

The Obafemi Awolowo University (OAU) chapter of the Muslim Students Society of Nigeria (MSSN) has denied being an extremist group which partakes in irregular activities.G.O Akinola, acting dean (student affairs) of OAU had on Friday, released a circular accusing the group of carrying out strange activities in mosques located in Awolowo and Fajuyi halls of residence. [...]

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    Emergence of ‘extremist group’ in OAU leads to closure of 2 mosques

Emergence of ‘extremist group’ in OAU leads to closure of 2 mosques

A crisis is brewing in Obafemi Awolowo University (OAU) over the emergence of a splinter group in the university’s chapter of the Muslim Students Society of Nigeria (MSSN).The splinter group been accused of harbouring girls and carrying out irregular activities in mosques located in Fajuyi and Awolowo halls. [...]

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    OAU freshmen urged to restore school’s lost glory

OAU freshmen urged to restore school’s lost glory

Freshmen of Obafemi Awolowo University (OAU) have been enjoined to work hard to restore the lost glory of the institution.Professor Elujoba, acting vice-chancellor, said this on Thursday at the matriculation ceremony held for freshmen ahead of the 2015/2016 academic session. [...]

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Exchange Rates

January 17, 2017USDGBPEUR
INTERBANK315.09383.62337.46
LAGOS499600505
KANO495600505
PH500600510
ABUJA499600505
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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