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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    Magaji, Kaduna FA chairman, dies at 52

Magaji, Kaduna FA chairman, dies at 52

AbdulkadirMagaji, chairman of Kaduna state Football Association and independent vice-chairman of the Nigeria National League(NNL), has died.Abdulsalam Jere, secretary of Kaduna FA, announced this on Tuesday, saying Kapaka died in a Lagos hospital after a brief illness.According to Jere, the deceased was aged 52.In December, Magaji attended the 72nd general assembly of the Nigeria Football Federation (NFF) in Lagos, where the [...]

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    Abia Warriors humilate defending champions at home

Abia Warriors humilate defending champions at home

Abia Warriors shocked defending champions, Rangers 2-1 in one of the opening games of the 2017 Nigeria Professional Football League (NPFL).Despite taking the lead, the visitors forced Rangers to a draw at the end of the first half.However, the Warriors took the lead towards the end of the match.Remo Stars was welcomed to the elite division with a 2-1 home [...]

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    IfeanyiUbah suspends coach over row with Kano Pillars

IfeanyiUbah suspends coach over row with Kano Pillars

The management of FC IfeanyiUbah has handed a four-match ban to Jonathan Igwe, its manager.‎Igwe was suspended for his role in the row between his team and Kano Pillars.He is also to forfeit a month salary.The coach had protested the cancellation of a goal scored by his team.His continuous complaints angered the referee who booked him, forcing the players to [...]

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    Mikel scores first goal at Chinese club

Mikel scores first goal at Chinese club

John Mikel Obi scored his first goal at Tianjin TEDA during his second game for the team.Although Tianjin TEDA lost 6-2 to German Bundesliga club St.Pauli, the Super Eagles captain made a mark.It was a poor outing for his team, as St.Pauli showed the difference by scoring three goals in the first 26 minutes.Mikel pulled one back in the 35th [...]

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    Moses’ Blues thrashes Musa and Ndidi’s Foxes

Moses’ Blues thrashes Musa and Ndidi’s Foxes

Ahmed Musa and Wilfred Ndidi could not stop Victor Moses' Chelsea at the King Power stadium on Saturday.They fell 3-0 to the Blues.Marcos Alonso scored twice as Chelsea restored their seven-point lead with a hugely impressive win over the champions.Save for Musa's early shot in the first half, Chelsea enjoyed most part of the game, no thanks to Alonso.Leicester saw [...]

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    NPFL opening match ends in crisis

NPFL opening match ends in crisis

The opening match of the Nigeria Professional Football League(NPFL) ended in crisis after FC IfeanyiUbah left the pitch at the beginning of the second half of the game with Kano Pillars.The home team took the lead towards the end of the first half, but the decision of the referee to cancel a free kick scored by IfeanyiUbah was not taken [...]

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    Rangers take on Abia Warriors as 2016/17 NPFL season begins

Rangers take on Abia Warriors as 2016/17 NPFL season begins

The 2016/2017 season of the Nigeria Professional Football League (NPFL) begins across the country on Saturday.Champions Rangers are aiming to defend the title with a home match against Abia Warriors.After the wait, Kano Pillars will open the season by hosting IfeanyiUbah.Despite winning the title, Rangers' preparation for the new campaign has been below standard.They suffered a setback in their Charity [...]

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    Super Eagles to battle South Africa, Libya for AFCON 2019 place

Super Eagles to battle South Africa, Libya for AFCON 2019 place

‎The fixtures for the qualification games of the 2019 African Cup of Nations (AFCON) in Cameroon was released by Confederation of African football (CAF) on Thursday night.Nigeria, who has been absent from the last two nations cups are back in contention for a place as they are drawn in group E of the qualifiers and will compete with old foes [...]

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    Nigeria move up one place to 50th in FIFA rankings

Nigeria move up one place to 50th in FIFA rankings

Super Eagles of Nigeria stepped up one spot in the latest grading released by the world football ruling body and are now seventh in Africa.Nigeria are now ranked 50th, with 619 points, having placed 51st at the end of the 2016 FIFA grading.With this, they are now seventh in Africa behind Senegal, Cote d’Ivoire, Egypt, Tunisia, Algeria and Congo DR.Argentina are number [...]

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    FIFA increases World Cup teams to 48, aims to earn £800m more

FIFA increases World Cup teams to 48, aims to earn £800m more

The FIFA Council has unanimously voted in favour of a 48-team World Cup from 2026 on Tuesday.The 2026 World Cup will feature 48 teams after the FIFA Council unanimously voted to expand the competition.The World Cup will retain its present 32-team format up to the 2022 edition in Qatar.The number of tournament matches will rise to 80, from 64, but [...]

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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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