Wednesday, January 18, 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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    Lai: Nigeria air force is professional despite accidental bombing of civilians

Lai: Nigeria air force is professional despite accidental bombing of civilians

Lai Mohammed, minister of information and culture, says the accidental bombing of a civilian community in Borno state is not a true reflection of the level of professionalism in the Nigeria air force.An air force jet had bombed an internally-displaced-persons camp at Rann, Borno state, killing at least 52 people (including humanitarian workers).President Muhammadu Buhari had expressed regret at the [...]

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    I have fulfilled 90 percent of my campaign promises, says Okorocha

I have fulfilled 90 percent of my campaign promises, says Okorocha

Rochas Okorocha, governor of Imo state, say he has fulfilled about 90 percent of the campaign promises made to the people of the state.Okorocha made the disclosure when he received the management of the Sun Publishing Company led by Eric Osagie, its managing director/editor-in-chief, at his Spitbat Owerri residence on Tuesday.He rated his administration high in the areas of health, [...]

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    Catholic church: We can prove that 808 people were killed in southern Kaduna

Catholic church: We can prove that 808 people were killed in southern Kaduna

The Catholic diocese of Kafanchan, Kaduna state, says it has evidence to prove that 808 people were killed in the southern part of the state.Government and security agencies had disputed the casualty figure when it was first made public late last year.But in an interview with TheCable on Tuesday, Ibrahim Yakubu, vicar-general of the Kafanchan Catholic diocese, said the killings [...]

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    Boko Haram has been defeated, but using suicide bombings ‘to gain relevance’

Boko Haram has been defeated, but using suicide bombings ‘to gain relevance’

The Centre for Social Justice, Equity and Transparency (CESJET) has described Monday's suicide attack on the University of Maiduguri (UNIMAID) as a desperation on the remnants of the Boko Haram insurgents to remain relevant.In a statement on Tuesday, Isaac Ikpa, its executive secretary, urged security agencies not to be deterred but to redouble their efforts in ensuring that the remnants [...]

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    Ezekwesili: Sambisa is massive… it’s 18 times the size of Lagos

Ezekwesili: Sambisa is massive… it’s 18 times the size of Lagos

Oby Ezekwesili, co-convener of the Bring Back Our Girls group, says Sambisa Forest, the hideout of the Boko Haram, is 18 times the size of Lagos state, Nigeria's commercial capital.Ezekwesili, who went on a tour of Sambisa with the Nigerian Airforce (NAF), said the forest is a vast expanse of land, and more has to be done to capturing the [...]

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    Oyegun: Removing Ndume was a necessary act

Oyegun: Removing Ndume was a necessary act

John Oyegun, national chairman of the All Progressives Congress (APC), says the removal of Ali Ndume as senate leader was a "necessary act" that had to be done to unite the party in the upper legislative chamber.On Tuesday, Bukola Saraki, senate president, announced that Ndume had been replaced as the senate leader with Lawan.Speaking when he received Ahmed Lawan, the [...]

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    Chidi Duru, ex-lawmaker, charged with theft

Chidi Duru, ex-lawmaker, charged with theft

The Lagos state police command has arraigned Chidi Duru, a former member of the house of representatives, on a four-count charge of stealing.The management of First Guarantee Pensions Limited (FGPL), a pension fund administrator (PFA), had raised the alarm over Duru’s alleged invasion of its head office in Oregun, Lagos.Duru, a former vice-chairman of the organisation, was removed for alleged [...]

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    NYSC opens camp Tuesday, says corps members MUST bring medical certificate

NYSC opens camp Tuesday, says corps members MUST bring medical certificate

The National Youth Service Corps (NYSC) has announced that orientation course for 2016 Batch 'B' (Stream II) corps members would begin Tuesday, January 24.A statement was released to this effect by the management of the NYSC on Monday. [...]

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    Buhari: Boko Haram’s actions punishable before God and man

Buhari: Boko Haram’s actions punishable before God and man

President Muhammadu Buhari has condemned the attacks at the University of Maiduguri (UNIMAID).A professor of veterinary medicine and four others were killed in twin suicide attacks, while 15 people were injured.In a statement issued by Femi Adesina, his spokesman, Buhari expressed heartfelt condolences to the university community, families of the victims and the government and people of Borno state.He said [...]

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    14 witnesses to testify against Justice Ademola, wife

14 witnesses to testify against Justice Ademola, wife

Fourteen witnesses are billed to testify against Adeniyi Ademola, a judge of the federal high court, and Olubowale, his wife, over alleged money laundering.At the commencement of trial of Ademola and his wife on Monday, Segun Jegede, prosecuting counsel, listed some of the witnesses as the secretary of the national judicial commission and the chief registrar of the federal high court at [...]

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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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