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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    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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    Military ‘must go after’ identified sponsors of Boko Haram

Military ‘must go after’ identified sponsors of Boko Haram

The Northern Interfaith and Religious Organisations for Peace  (NIROP) has urged the military to go after politicians who are sponsoring Boko Haram insurgents.Musa Fomson, national coordinator of the group, said this at a press conference in Abuja.He said it appeared that while soldiers are diligently working to "round up escaping terrorists", some politicians are covertly subverting their efforts.Musa expressed reservations [...]

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    FG rejects BBOG’s conditions for Sambisa tour

FG rejects BBOG’s conditions for Sambisa tour

The federal government has rejected the conditions given by the Bring Back Our Girls (BBOG) movement for embarking on a trip to Sambisa forest and some parts of the north-east.In a letter dated January 11, the ministry of information and culture invited the movement to the north-east to see first hand efforts being made to rescue the Chibok girls.But in [...]

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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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