Monday, March 20, 2017
MARKET UPDATE
MARCH 16, 2017NIGERIA STOCK EXCHANGE (Market Closed) SUMMARY: All Share Index 25,418.08 Deals 2,468.00 Volume 280,945,416.00 Value 2,349,419,384.30Market Cap 8,796,717,470,596.41TOP GAINERS NB 133.84 (3.14) FO 48.93 (1.12) GUARANTY 25.8 (0.45) ZENITHBANK 14.55 (0.4) FLOURMILL 17.85 (0.35) TOP LOSERS 7UP 77.71 (-8.29) TOTAL 274.55 (-5.45) ASHAKACEM 9.5 (-0.5) DANGCEM 160 (-0.5) UACN 14 (-0.25) CBN EXCHANGE RATE(NGN)Buying:$USD 305.75 GBP 377.2344 EURO 327.9169 SWISS FRANC 302.715 YEN 2.695 Selling:$USD 306.75 £GBP 378.4682 EURO 328.9894 SWISS FRANC 303.7059 YEN 2.7038 CNBC COMMODITY PRICES (USD)Crude Oil (Bonny light) 51.15 Natural Gas 2.904 (-0.077) Gold 1226.10 (25.40) Silver 17.30 (0.377) Copper 2.679 (0.0225) Wheat 435.50 (-0.50) Coffee 141.55 (0.65) Cotton 78.05 (-0.03) Cocoa 2035.00 (-13.00)

Zamfara

    Shinkafi, ex-Zamfara governor, dumps PDP for APC

Shinkafi, ex-Zamfara governor, dumps PDP for APC

Mamuda Shinkafi, former Zamfara state governor, has defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC).He was alleged to have unlawfully received the sum of N15m for the 2015 election from Diezani Alison-Madueke, former minister of petroleum.Shinkafi, who became the state governor in 2007 on the platform of All Nigeria Peoples Party (ANPP), defected to the [...]

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    6 ‘bandits’ die during clash with vigilante group in Zamfara

6 ‘bandits’ die during clash with vigilante group in Zamfara

Six suspected bandits have been killed in a clash with members of a vigilante group in Zamfara state.According to NAN, the clash occurred near Yan Waren Daji of Tsafe local government area.Musa Daji, a witness and resident of the village, who spoke to journalists on Friday, said many residents were now fleeing to Tsafe, the headquarters of the local government, [...]

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    ‘Strange disease’ kills 3 students in Zamfara

‘Strange disease’ kills 3 students in Zamfara

Three students of Government Arabic Boarding Secondary School, Maradun, Zamfara have been killed in an outbreak of a “mysterious” disease.Mukhtar Lugga, the state commissioner for education, told NAN on Wednesday that two other students had been admitted at the General Hospital, Maradun.According to him, the disease was recorded last Monday and the state government swung into action by mobilising a [...]

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    Zamfara govt house ‘thrown into darkness’ over N400m bill

Zamfara govt house ‘thrown into darkness’ over N400m bill

The Zamfara state government house in Gusau has remained in darkness following the disconnection of electricity supply to the premises by the Kaduna Power Holding Company.Aminu Yakubu, business development and relationship officer of the company in Gusau area office, told journalists on Wednesday that the action followed the failure of the state government to settle its bills.Yakubu said the state [...]

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    155 killed, 50 abducted in less than one month, says Zamfara gov

155 killed, 50 abducted in less than one month, says Zamfara gov

Abdulaziz Yari, governor of Zamfara state, has revealed that 155 persons had been killed by bandits in less than a month.Yari disclosed this in a statewide broadcast on Monday.He also said that over 50 persons had been kidnapped during the period.Yari said 53 people were killed in Shinkafi local government area; 50 in Maru local government area; 37 in Maradun [...]

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    Again, bandits strike in Zamfara, ‘kill 9′

Again, bandits strike in Zamfara, ‘kill 9′

Nine people, including two policemen, have been killed by bandits in a fresh attack in Zamfara state.Don Awunah, spokesman of the Nigeria police force, disclosed this to NAN in Abuja on Sunday.Awunah said the police mobile force and the counter-terrorism unit had been deployed in the area to restore law and order.Yusuf Moriki, member representing Zurmi west in the state [...]

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    35 killed, 40 abducted in fresh Zamfara attacks

35 killed, 40 abducted in fresh Zamfara attacks

Armed bandits have killed at least 35 people and abducted 40 in Maradun and Maru local government areas of Zamfara state.The attack comes two weeks after 36 miners were killed in Bindin village, also in Maru local government area.According to Daily Trust, dozens of armed men riding on motorcycles stormed the villages, and opened fire on residents.The newspaper said seven [...]

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    Zamfara gov cancels US trip, sets up panel to probe fresh killings

Zamfara gov cancels US trip, sets up panel to probe fresh killings

Abdulaziz Yari, governor of Zamfara state, has cancelled his trip to the US over an attack, which led to the death of 36 miners in the state.Ibrahim Dosara, his spokesman, said Yari was supposed to monitor the ongoing presidential election in the US.TheCable had earlier reported how 36 miners were on Monday killed in an ambush at Bindin in Maru [...]

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    Gunmen kill ’36 miners’ in Zamfara

Gunmen kill ’36 miners’ in Zamfara

Unknown gunmen have killed 36 miners in Bindim, a community in Maru local government area of Zamfara state. A source told TheCable that the tragic incident occurred late Monday. The victims were said to have been ambushed at a mine location. Abdulaziz Yari, governor of the state, confirmed the statement, vowing that the perpetrators would not go unpunished. The high rate of insecurity in [...]

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    Troops kill 15 bandits in Zamfara

Troops kill 15 bandits in Zamfara

Troops of the 223 Light Tank Battalion , Gusau, Zamfara, have killed 15 bandits in two separate operations in the state, according to Abdullahi Adamu, commanding officer of the battalion.Adamu made the disclosure to NAN in Gusau on Wednesday, saying the operations were carried out between September 7 and September 10.He said an early morning raid was launched on a [...]

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    The law will take its course, Buhari tells Zamfara ‘blasphemy’ killers

The law will take its course, Buhari tells Zamfara ‘blasphemy’ killers

President Muhammadu Buhari says justice will be meted out to the perpetrators of the mob killings in Zamfara state.Eight people were burnt alive by a mob at Abdu Gusau Polytechnic, Talata Mafara on Monday.The victims were burnt to death in house occupied by a male student alleged to have committed blasphemed against Prophet Muhammed.In a statement released on Tuesday, Buhari noted that ethnic violence [...]

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    8 burnt alive in Zamfara over ‘blasphemy’

8 burnt alive in Zamfara over ‘blasphemy’

At least eight people were burnt to death by a mob on Monday at Abdu Gusau Polytechnic, Talata Mafara, Zamfara state, following alleged blasphemy against Prophet Muhammed by a student of the college.The male student was accused of committing blasphemy during an exchange of words with a Muslim friend, resulting in tension at the school.A student of the university told TheCable that when the accused saw the danger to [...]

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    DSS arrests Zamfara speaker over ‘plot to impeach gov’

DSS arrests Zamfara speaker over ‘plot to impeach gov’

Operatives of the Department of State Service (DSS) have arrested Sanusi Rikiji, speaker of the Zamfara state house of assembly, over an alleged plot to impeach Abdulaziz Yari, governor of the state.Rikiji and some members of the assembly are currently being detained in Abuja.Those said to be detained along with him are Muhammad Gumi, deputy speaker; Isah Abdulmumini, majority leader; [...]

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    9 ‘bandits’ killed in exchange of gunfire with soldiers

9 ‘bandits’ killed in exchange of gunfire with soldiers

The 224 light tank battalion of the Nigerian army, Gusau, Zamfara state, says it has killed nine bandits during an exchange of gunfire in Madaka village in Dansadau Emirate of Zamfara.Adamu Aliyu, commanding officer of the battalion, made the disclosure while addressing reporters on Wednesday.He said soldiers were combing suspected black spots in search of those who escaped with bullet wounds.Aliyu [...]

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    9 killed in reprisal attack on Zamfara village

9 killed in reprisal attack on Zamfara village

Gunmen have killed nine persons in an attack on Fanteka village in Daraga district of Maru Local government area of Zamfara state.Sanusi Amiru, police public relations officer, confirmed the incident to NAN on Saturday, saying it was a reprisal attack.Amiru said six of those killed were members of the community, while the other three were members of the gang gunned [...]

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    Supreme court upholds Yari’s election as gov

Supreme court upholds Yari’s election as gov

The supreme court has upheld the election of Abdulazeez Yari of All Progressives Congress (APC) as governor of Zamfara state.Delivering the judgment, the Justice John Okoro-led panel of six justices held that the petition lacked substance."The grouse of the appellants in this issue, basically, is that there was over-voting and that because of that there was substantial non-compliance with the [...]

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Exchange Rates

March 20, 2017USDGBPEUR
INTERBANK316.00392.15339.92
LAGOS449535470
KANO450545470
PH454547480
ABUJA450540472
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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