Friday, March 24, 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)

Tag "boko haram"

    Six children, four women ‘rescued’ from Boko Haram

Six children, four women ‘rescued’ from Boko Haram

The Nigerian army on Friday said it had rescued four women and six children that were held captive by Boko Haram insurgents.Sani Usman, director, army public relations, in a statement said a Boko Haram improvised explosive devices (IED) factory was destroyed at Gombole village in Konduga local government area of Borno.He said troops of the 103 battalion of operation Lafiya [...]

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    Olonisakin: In 2016, Nigeria spent $2.6bn on Boko Haram humanitarian crisis

Olonisakin: In 2016, Nigeria spent $2.6bn on Boko Haram humanitarian crisis

In 2016, Nigeria expended in the excess of $2.6 billion to address the humanitarian challenges caused by Boko Haram terrorists, chief of defence staff, Abayomi Olonisakin, has said.Olonisakin made this known at the meeting of the ‘global coalition working to defeat ISIS’ in Washington, DC, United States."After over $2.6 billion was spent by the Nigerian Government to address humanitarian needs [...]

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    DSS nabs Boko Haram ‘kingpin’ in Ekiti

DSS nabs Boko Haram ‘kingpin’ in Ekiti

A suspected Boko Haram kingpin, Adenoyi Abdulsalam, has been arrested by a joint team of the Department of State Services and the military in Ado-Ekiti, Ekiti state.A statement issued on Wednesday by an operative of the service, Tony Opuiyo, said that an Ak-47 rifle was recovered from the suspect who is presently undergoing investigation.Opuiyo added that the suspect was in [...]

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    Suicide bombers kill mother, two children in Borno village

Suicide bombers kill mother, two children in Borno village

Four people were killed, while eight sustained injuries when suspected Boko Haram suicide bombers detonated explosives in Umarari village, Borno, on Saturday night.According to the Borno police command, the attack was carried out by three suicide bombers, a male and two females.Victor Isuku, the police spokesperson, who confirmed the incident said the bombers attempted to gain access into Maiduguri town.He said the members [...]

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    My friends are human beings, don’t forget them, Chibok girl pleads

My friends are human beings, don’t forget them, Chibok girl pleads

A Chibok girl who escaped from the grasp of Boko Haram insurgents has urged the world not to forget her friends who are yet to be rescued.Speaking under the pseudonym - Sa'a - she made the plea during the Global Education and Skills Forum in Dubai."These girls are human beings, not something that we can forget about," BBC quotes her as [...]

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    Borno village in unholy alliance with Boko Haram, says army

Borno village in unholy alliance with Boko Haram, says army

Sani Usman, a brigadier and director army public relations, has said Wednesday evening's attack on Magumeri, Borno state, was carried out by terrorists who are well known to the town's residents.TheCable had reported that the attack forced hundreds of civilians to flee into Maiduguri while some sought safety in the bush.Confirming the attack in a statement on Thursday, Usman said there [...]

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    Army raids Gombe hotel for Boko Haram members

Army raids Gombe hotel for Boko Haram members

The Nigerian army has said that it carried out a raid of Gombe international hotel on suspicions that Boko Haram terrorists from Chad and Niger were lodging there.The News Agency of Nigeria (NAN) reports that Sani Usman, a brigadier general, made this known in a statement in Abuja on Thursday."Based on tip-off on the presence of foreign elements of Boko [...]

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    Boko Haram crisis ‘hasn’t attracted enough funds’ – UK to contribute more money

Boko Haram crisis ‘hasn’t attracted enough funds’ – UK to contribute more money

The United Nations (UN) says Boko Haram crisis has struggled to attract donor funds, but that the UK will assist with more funds.According to Bloomberg, Matthew Rycroft, president of the UN Security Council, who made the promise, did not specify how much.Rycroft reportedly said since the sect launched its campaign of violence, the north-east region has suffered damages estimated at [...]

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    Jonathan’s govt ‘rejected British offer’ to rescue Chibok girls

Jonathan’s govt ‘rejected British offer’ to rescue Chibok girls

The administration of Goodluck Jonathan reportedly rejected the offer of British armed forces to help in rescuing the abducted Chibok girls.According to the Observer, Britain was ready to rescue the Chibok girls from the Boko Haram insurgent group after their abduction in April 2014.Britain's royal air force was said to have conducted air reconnaissance over northern Nigeria for several months in a mission [...]

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    We’ve rescued over 7,000 civilians in the north-east, says army

We’ve rescued over 7,000 civilians in the north-east, says army

The Nigeria Army says so far, it has rescued about 7,898 civilians from different Boko Haram camps in the north-eastern part of the country.Lucky Irabor, theatre commander of Operation Lafiya Dole, disclosed this during a press conference in Maiduguri, the state capital, on Wednesday.Irabor also revealed that eight foreigners, including four Chadians, three Nigeriens and one Cameroonian were recently arrested.He [...]

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    14 donors to assist Boko Haram victims with $672m

14 donors to assist Boko Haram victims with $672m

The Oslo conference on Boko Haram humanitarian crisis realised $672 million in pledges from 14 donors, according to António Guterres, UN secretary-general.Stephane Dujarric, spokesperson for Guterres, said this at a press briefing on Friday.He explained that the donors pledged $458 for 2017 and 214 million US dollars for 2018.“The secretary-general welcomes donor pledges made today at the conclusion of the [...]

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    Shettima tells donor agencies to increase aid given to Boko Haram victims

Shettima tells donor agencies to increase aid given to Boko Haram victims

Kashim Shettima, Borno state governor, has appealed to the international community to come to aid of millions of Nigerians affected by Boko Haram, saying they could cause more refugee crisis for the world.Shettima said this while addressing international donor countries and agencies at the ongoing humanitarian donor conference on Nigeria and the Lake Chad in Oslo, the capital of Norway.He [...]

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    Cameroon repatriates 517 Nigerians

Cameroon repatriates 517 Nigerians

Cameroon has forcibly repatriated more than 500 Nigerians who had fled into the country due to the Boko Haram insurgency, according to the UN Refugee Agency (UNHCR).A total of 517 Nigerians were sent back to their home country, including 313 who had applied for asylum, according to a UNHCR statement.UNHCR Cameroon tweeted that it was “very concerned by these repatriations [...]

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    Amnesty: Many Biafra protesters are still in detention

Amnesty: Many Biafra protesters are still in detention

Amnesty International has accused security agencies of holding many pro-Biafra protesters incommunicado. In a report released on Wednesday, the human rights body said at least 150 protesters have been killed by security operatives in the south-eastern part of the country.In November, the organisation put the casualty figure of those allegedly killed by the military at 150, but the army denied the allegation.However, [...]

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    Kogi now a haven for Boko Haram, says Yahaya Bello

Kogi now a haven for Boko Haram, says Yahaya Bello

Yahaya Bello, governor of Kogi state, on Tuesday said Boko Haram insurgents have found a haven in his state.Speaking at the seventh edition of the national security seminar in Abuja, Bello warned the sect members that they had chosen to relocate to a wrong place following the defeat they suffered in the north-east.He promised to collaborate with the military to rout [...]

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    TEARS FROM RANN: This woman lost husband, 3 children, father, mother and brothers to Boko Haram war

TEARS FROM RANN: This woman lost husband, 3 children, father, mother and brothers to Boko Haram war

“He died in the bathroom.” Fighting her emotions with bravery, Fanne Abakar recalls the Nigerian air force misfiring of January 17, 2017 in Rann, Borno state, which left 126 aid workers and refugees - including her husband - dead."He was having his bath when the bombs came down."It was another loss too many for Abakar. She had lost a better part [...]

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Exchange Rates

March 24, 2017USDGBPEUR
INTERBANK307.88385.25331.83
LAGOS385500430
KANO395505425
PH390500430
ABUJA385496430
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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