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)

Tag "Adama Barrow"

    Jammeh declares 90-day emergency in Gambia

Jammeh declares 90-day emergency in Gambia

President Yahya Jammeh of Gambia has declared a 90-day state of emergency in his country.The development comes 24 hours to the end of his tenure.The terms of the curfew and its implications have not been made known, but there are possibilities that it could affect the swearing on of Adama Barrow, winner of the December presidential election.Barrow is currently in [...]

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    Gambia’s foreign minister abandons Jammeh

Gambia’s foreign minister abandons Jammeh

Neneh MacDouall-Gaye, foreign minister of The Gambia, has quit the cabinet of President Yahya Jammeh.MacDouall-Gaye sent in her resignation through a letter, giving rise to the belief that she fled the country before hinting Jammeh of her decision.Sheriff Bojang, Gambia’s information minister, who resigned last week, also left Gambia before disclosing his action.Jammeh is becoming more unpopular as a result [...]

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    Jammeh ‘files’ suit to stop Barrow’s inauguration

Jammeh ‘files’ suit to stop Barrow’s inauguration

President Yahya Jammeh of The Gambia says he has filed an injunction to prevent Adama Barrow from taking office on Thursday.Jammeh said the January 19 date for his mandate to come to an end is not “carved in stone”.He wants the supreme court to hear his suit against the election commission before he considers leaving office.Jammeh has called President Ellen [...]

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    Buhari, Barrow head to Mali after failing to convince Jammeh

Buhari, Barrow head to Mali after failing to convince Jammeh

The delegation led by President Muhammadu Buhari flew out of Banjul, capital of Gambia, late Friday after being unable to reach any deal with President Yahaya Jammeh.Geoffrey Onyeama, minister of foreign affairs, disclosed this to reporters at the end of the meeting with Jammeh.The soldier-turned politician has refused to hand over power despite losing the December election.“The ECOWAS team has [...]

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    AU to Jammeh: From next week, we’ll cease to recognise you as president

AU to Jammeh: From next week, we’ll cease to recognise you as president

The African Union (AU) will cease to recognise President Yahya Jammeh as the nation’s legitimate president from January 19.It is the date he is due to hand over to Adama Barrow, winner of 1 December election.The AU’s peace and security council made this declaration after a meeting in Addis Ababa, the Ethiopian capital.The council also warned of “serious consequences in [...]

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    Buhari heads to Gambia for ECOWAS mission

Buhari heads to Gambia for ECOWAS mission

President Muhammadu Buhari is to visit Banjul, capital of The Gambia, on January 13 to mediate in the political crisis in the country.Femi Adesina, special adviser to the president on media and publicity, disclosed this in a statement issued in Abuja on Thursday.In Banjul, Buhari is scheduled to meet with President Yahya Jammeh and President-elect Adama Barrow.The meeting is in [...]

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    Ready to step down? Jammeh appoints mediator between him and Barrow

Ready to step down? Jammeh appoints mediator between him and Barrow

Gambia’s outgoing President Yayah Jammeh on Wednesday appointed a mediator to facilitate meetings between himself and president-elect Adama Barrow.Jammeh, who ruled the small West African nation with an iron fist for more than two decades, refuses to accept the result of the December 1 presidential poll, which saw him, lose power.Barrow, a former real estate agent, who was little known [...]

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    Jammeh suffers setback at supreme court, postpones ECOWAS visit

Jammeh suffers setback at supreme court, postpones ECOWAS visit

Yahaya Jammeh, president of Gambia, has suffered a setback in his bid to use the country’s supreme court to upturn the victory of Adama Barrow, his rival.On Tuesday, the apex court postponed the hearing of the case for months, citing a lack of judges.“We can only hear this matter when we have a full bench of the Supreme Court,” Emmanuel [...]

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    Dabiri: Nigeria on standby to evacuate citizens from Gambia

Dabiri: Nigeria on standby to evacuate citizens from Gambia

Abike Dabiri-Erewa, senior special assistant to the president on foreign affairs and diaspora, says the federal government is “on standby” to evacuate Nigerians in Gambia if the need arises.Crisis is brewing in Gambia over the refusal of President Yahaya Jammeh to step down after losing the election, with supporters of Adama Barrow, the winner, vowing to swear him in on [...]

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    Nigeria will do everything possible to make Jammeh hand over, says Onyema

Nigeria will do everything possible to make Jammeh hand over, says Onyema

Geoffrey Onyeama, foreign affairs minister, says Nigeria will do everything possible to bring about a peaceful resolution of Gambia's political crisis.Expressing optimism that President Yahya Jammeh would listen to the voice of his people, Onyeama told NAN about the efforts being made to resolve the political impasse in the West African country.The Gambian leader had accused ECOWAS of declaring war against [...]

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    ECOWAS leaders have declared war on us, says Jammeh

ECOWAS leaders have declared war on us, says Jammeh

President Yahya Jammeh of Gambia has accused the Economic Community of West African States (ECOWAS) of declaring war against his country.Jammeh, who has vowed to stay in power despite losing the December 1 election to rival Adama Barrow, promised to defend his country against any "outside aggression".The veteran leader initially conceded defeat in the vote, then changed his mind days [...]

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    Gambian coalition says Buhari has what it takes to face Jammeh

Gambian coalition says Buhari has what it takes to face Jammeh

The coalition of seven political parties that produced Adama Barrow, president-elect of Gambia, has enjoined President Muhammadu Buhari to deploy his vast experience, alongside other African leaders to resolve the political logjam in Gambia.A statement issued in Abuja on Wednesday by Femi Adesina, special adviser to the president on media and publicity, the coalition made the call while speaking with [...]

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    Watch Gambian president congratulate his opponent — just like Jonathan

Watch Gambian president congratulate his opponent — just like Jonathan

President Yahya Jammeh of Gambia on Friday congratulated his opponent, Adama Barrow, to whom he lost the 2016 presidential election.Goodluck Jonathan, Nigeria's former president, acted in a manner atypical of African leaders when he conceded the 2015 election to Muhammadu Buhari, the incumbent president.In this three-minute video posted on YouTube, Jammeh is seen congratulating Barrow in a cheerful mood."I'm calling you [...]

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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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