Saturday, January 21, 2017
MARKET UPDATE
JANUARY 18, 2017 NIGERIA STOCK EXCHANGE (Market Closed) SUMMARY: All Share Index 26,201.60 Deals 3,317.00 Volume 196,469,524.00 Value 2,611,434,698.45Market Cap 9,015,351,243,077.29TOP GAINERS TOTAL 294.97 (9.52) MOBIL 264 (3.5) ETI 10.1 (0.41) GUINNESS 64.05 (0.4) DANGSUGAR 6.35 (0.27) TOP LOSERS NESTLE 752 (-3) FO 67 (-2) DANGCEM 167 (-1) NB 142 (-0.6) INTBREW 17.5 (-0.48) CBN EXCHANGE RATE(NGN)Buying:$USD 304.5 £GBP 375.3267 EURO 324.6884 SWISS FRANC 302.6237 YEN 2.6543 Selling:$USD 305.5 £GBP 376.5593 EURO 325.7547 SWISS FRANC 303.6176 YEN 2.663 CNBC COMMODITY PRICES (USD)Crude Oil (Bonny light) 55.6 Natural Gas 3.375 (0.073) Gold 1200.50 (-11.60) Silver 16.97 (-0.304) Copper 2.607 (-0.0095) Wheat 425.00 (-6.00) Coffee 150.45 (1.25) Cotton 72.70 (0.44) Cocoa 2150.00 (-83.00)
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Oyo

    Rights group to Ajimobi: Reopen LAUTECH in 7 days or we shut down Oyo state

Rights group to Ajimobi: Reopen LAUTECH in 7 days or we shut down Oyo state

Citizens Action to Take Back Nigeria (CATBAN), a civil society organisation, has warned Abiola Ajimobi, governor of Oyo state, to reopen Ladoke Akintola University (LAUTECH) or they will "occupy and shut down the state".A video clip of an altercation between Ajimobi and LAUTECH students has since gone viral.The students were protesting the closure of the university for the past eight months.In a [...]

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    Osinbajo leads other dignitaries to Men of Issachar Vision’s conference

Osinbajo leads other dignitaries to Men of Issachar Vision’s conference

The Men of Issachar Vision Inc (MIV) — an international Christian organisation committed to leadership development, Christian missions and religious reawakening — will host Vice-President Yemi Osinbajo and other local and international dignitaries at the 27th edition of its annual leadership conference scheduled to hold from Wednesday to Sunday.THe conference, which takes place at the Leadership and Mission’s Conference Centre, behind First Bank, [...]

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    Ajimobi’s daughter: I’m sympathetic to the plight of LAUTECH students… I didn’t attack them

Ajimobi’s daughter: I’m sympathetic to the plight of LAUTECH students… I didn’t attack them

Ajibola Ajimobi, daughter of Oyo state governor, has denied lambasting students of the Ladoke Akintola University of Technology (LAUTECH) over the encounter with her father.The governor had talked down on aggrieved students, who stormed his office to protest 8-month closure of their school.An Instagram user who identified herself as Ajimobi's daughter, had described the students as "generation of manerless children", [...]

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    UI new students can now register online — no more manual

UI new students can now register online — no more manual

Fresh students of the University of Ibadan no longer have to go through the hassle of manual registration.The introduction of online portals in addition to the already existing portals has created a sense of relief among incoming undergraduates who were dreading the ordeal of manual registration. [...]

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    LAUTECH strike may soon end, thanks to N500m from Oyo, Osun states

LAUTECH strike may soon end, thanks to N500m from Oyo, Osun states

The Ladoke Akintola University of Technology (LAUTECH) Ogbomoso, may soon reopen after being closed down for the past seven months.Abiola Ajimobi, governor of Oyo, on Monday said his state and Osun will raise N500 million to pay salaries of academic and non-academic staff who are on strike. [...]

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    In Ibadan, some boys — the ‘One Million Boys’ — are terrorising the people

In Ibadan, some boys — the ‘One Million Boys’ — are terrorising the people

Unchallenged by elders in the community and without fear of law enforcement agents, they conduct their menacing activities in the open and residents are well-aware of their sophistication with dangerous objects. ‎Sikiru Akinola writes about the deadly activities of young boys who are not up to 100 but are popularly called "one million boys".Kudeti, one of the most popular communities in [...]

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    LAUTECH students to start New Year with mass protest over 7-month strike

LAUTECH students to start New Year with mass protest over 7-month strike

Students of Ladoke Akintola University of Technology (LAUTECH), Ogbomosho, are set to embark on a mass protest in Oyo and Osun states over the institution's seven months strike.Juwon Sanyaolu, acting secretary general, Alliance of Nigerian Students against Neo-Liberal Attacks, says it is expedient that students stage the protest against the lingering indefinite strike which doesn't appear to have an end [...]

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    Oyo College of Education lecturers embark on indefinite strike

Oyo College of Education lecturers embark on indefinite strike

The academic staff of Oyo State College of Education, Lanlate, have embarked on an indefinite strike over 10-month salary arrears.Olatunde Ogundiran, the caretaker chairman, Colleges of Education Academic Staff Union (COEASU), on Monday released a communiqué, explaining the decision of the lecturers to embark on strike. [...]

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    UI students vow to resist ‘any attempt to hike school fees’

UI students vow to resist ‘any attempt to hike school fees’

The leadership of the students’ union, University of Ibadan, has vowed to resist any attempt to increase the institution's fees.In a statement released Monday, the union noted that neither accommodation nor tuition fee should be raised. [...]

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    Army commandant killed in front of Ibadan residence

Army commandant killed in front of Ibadan residence

Anthony Okeyim, commandant, Command Secondary School, Ibadan, was on Monday found dead at his apartment located within the school’s premises.Adekunle Ajisebutu, Oyo state police public relations officer, confirmed the incident to reporters, saying the force was treating the issue as a suspected case of murder.“I can confirm to you that the deceased was found dead in front of his apartment [...]

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    Oyo sacks 662 workers, expunges 2,021 from payroll

Oyo sacks 662 workers, expunges 2,021 from payroll

The Oyo state government has sacked 662 workers for certificate forgery and expunged 2,021 fictitious names from its payroll.Soji Eniade, head of service (HoS), told reporters in Ibadan on Wednesday that the dismissed workers were identified after a thorough verification exercise.The affected workers include 305 from the local government service, 152 from MDAs and 149 from the Teaching Service Commission [...]

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    Two UI freshmen named best candidates in WASSCE 2015

Two UI freshmen named best candidates in WASSCE 2015

Babalola David Oluwasayo and Alabi Philip Toluwase have been named the best performing candidates in the May/June 2015 West African Senior School Certificate Examination (WASSCE).Babalola and Alabi are presently studying medicine and surgery at the University of Ibadan (UI). [...]

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    Ibadan NGO leads conversation on US vs Nigeria elections

Ibadan NGO leads conversation on US vs Nigeria elections

The United States of America’s presidential election always attracts massive global attention and the Nigerian public is not excluded. A public enlightenment on the elections was organised on Tuesday, November 8, 2016 in Ibadan, Oyo State.Themed ‘Elections in United States of America and Nigeria: Understanding and Celebrating the Differences’, the event, which had in attendance 65 young people and [...]

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    I CAN’T COPE: Woman files for divorce over ‘7-year denial of sex’

I CAN’T COPE: Woman files for divorce over ‘7-year denial of sex’

Jelila Nurudeen, a housewife, says she may soon run mad over sexual starvation for over seven years.Jelila approached an Ojaoba Sharia court, Ibadan, Oyo state, on Friday, seeking to put an end to the union with her husband.The mother of three alleged that her husband was subjecting her to emotional torture.“My lord, all the interventions made so far by this court [...]

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    Adebajo, UI student threatened with rustication, wins ‘Fisayo Soyombo essay contest

Adebajo, UI student threatened with rustication, wins ‘Fisayo Soyombo essay contest

Adekunle Fisayo Adebajo, a 400 level Law student of the University of Ibadan UI), has emerged winner of the second edition of 'Fisayo Soyombo inter-university essay contest, hosted by the Union of Campus Journalists (UCJ), UI.Adebajo is the subject of disciplinary action by UI's Student Disciplinary Council (SDC) over his piece — UI: The irony of fashionable rooftops and awful interiors — [...]

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    Oyo slashes salaries of political office holders by 50%

Oyo slashes salaries of political office holders by 50%

The Oyo state government has slashed the salaries of political office holders by 50 percent.Olalekan Alli, secretary to the state government (SSG), who disclosed this, said compensation, approval limits and government’s spending were aso affected by the new development, which he described as a measure to shore up the dwindling revenue base of the state.He said the state had been [...]

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Exchange Rates

January 20, 2017USDGBPEUR
INTERBANK315.10387.23335.17
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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