Saturday, March 25, 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 "Nasir el-Rufai"

    QUESTION: First el-Rufai’s letter, now Sanusi’s warning. Should Buhari rejig his inner circle?

QUESTION: First el-Rufai’s letter, now Sanusi’s warning. Should Buhari rejig his inner circle?

“Your worst enemy could be your best friend, and your best friend your worst enemy.”That is a line in the song ‘Who the Cap fits’ by music immortal, Bob Marley.The song accents the fickle, vacillating and treacherous nature of humans. Sometimes, we can tag our enemies by a drawn line of discord, but most times, we cannot pick them out [...]

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    Punish el-Rufai for firing missile at Buhari, Shehu Sani tells APC

Punish el-Rufai for firing missile at Buhari, Shehu Sani tells APC

Shehu Sani, senator representing Kaduna central, says the All Progressives Congress (APC) should punish Nasir el-Rufai, Kaduna governor, for leaking a letter he wrote to President Muhammadu Buhari.In the letter which criticised the Buhari administration, el-Rufai alleged that some of the people around the president lack experience.El-Rufai said Buhari was losing the vision and the momentum with which APC started [...]

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    El-Rufai to Buhari: Selfish people surround you

El-Rufai to Buhari: Selfish people surround you

Nasir el-Rufai, governor of Kaduna state, has written a strongly-worded letter to President Muhammadu Buhari, highlighting what he considers are the factors compounding the challenges of the current administration.In the letter, which was published by Sahara Reporters, el-Rufai alleged that some of the people around the president lack experience.He said there is a possibility that some officials in the presidency [...]

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    DSS raids residence of Kaduna senator, ‘arrests’ his nephews

DSS raids residence of Kaduna senator, ‘arrests’ his nephews

Danjuma La'ah, senator representing Kaduna south, says operatives of the Department of State Services (DSS) raided his Kaduna residence on Thursday, and arrested two of his nephews.In a statement, La'ah said the operatives numbering about 100 forced their way into his residence around 5am, destroying doors and chairs.He said that he had not been able to reach his nephews who were [...]

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    Audu Maikori must be prosecuted, says el-Rufai

Audu Maikori must be prosecuted, says el-Rufai

The ordeal of Audu Maikori, CEO of Chocolate City, in the hands of security operatives, is far from over as Nasir El-Rufai, governor of Kaduna state, has vowed that he must be prosecuted.On February 18, agents of the Department of State Services (DSS) arrested Maikori over some inciting messages he posted on social media.Maikori had claimed that five students of [...]

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    Obasanjo: Nigerian leaders must be ready to bite the bullet

Obasanjo: Nigerian leaders must be ready to bite the bullet

Former President Olusegun Obasanjo says Nigerian leaders must be tough and "ready to bite the bullet".Speaking at a seminar in Kaduna state on Monday, Obasanjo said we have not made progress as a nation because some of those in power "lack focus, commitment, and sometimes proper knowledge about economic and development issues".The elder statesman said the problem of poor leadership [...]

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    El-Rufai reshuffles cabinet

El-Rufai reshuffles cabinet

Nasir el-Rufai, governor of Kaduna state, has reshuffled his cabinet.According to Samuel Aruwan, special assistant to the governor on media and publicity, el-Rufai announced the changes during the state executive council meeting held on Tuesday.Aruwan said some commissioners were swapped, while new commissioners were nominated, and new permanent secretaries.He quoted the governor as saying, “the commissioners swapping portfolios include; Amina [...]

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    Kaduna imposes 24-hour curfew in 2 LGAs

Kaduna imposes 24-hour curfew in 2 LGAs

The Kaduna state security council has imposed a 24-hour curfew in Jema’a and Kaura local government areas of the state.This comes one day after at least 21 people were killed in renewed attacks in four communities in the two local government areas.Many houses were also burnt in the attacks.In a statement on Tuesday, Samuel Aruwan, spokesman of Nasir el-Rufai, governor [...]

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    Top security personnel relocate to southern Kaduna to check violence

Top security personnel relocate to southern Kaduna to check violence

Ismaila Isa, garrison commander of the 1 division of the Nigerian army and Agyole Abeh, commissioner of police in the state have relocated to southern Kaduna.According to the Kaduna state government, they moved into the region to coordinate a determined response to renewed attacks by armed bandits on communities in Kaura and Jema’a local government areas.Twenty-one persons were killed in [...]

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    Audu Maikori released 24 hours after arrest

Audu Maikori released 24 hours after arrest

Audu Maikori, Chocolate City CEO, has been released from police detention, 24 hours after his arrest.Maikori was on Friday arrested by the police for making claims which allegedly exacerbated the Southern Kaduna crisis.Edward Ayide-Israel, the business development manager of Chocolate City, announced his release on Twitter.He wrote: "Thanks everyone for #FreeAudu He's been released. Thanks everyone for your advocacy to #FreeAudu He's [...]

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    El-Rufai has agreed to free Audu Maikori, says Ezekwesili

El-Rufai has agreed to free Audu Maikori, says Ezekwesili

Obiageli Ezekwesili, former minister of education, has said Chocolate City CEO, Audu Maikori, will be released Saturday.Maikori was on Friday arrested by the police for making claims which allegedly inflamed the Southern Kaduna crisis.The entrepreneur had in January tweeted that five students of College of Education, Gidan-Waya, were killed by Fulani herdsmen.Days later, he took to social media to say [...]

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    El-Rufai: No going back on establishment of barracks in southern Kaduna

El-Rufai: No going back on establishment of barracks in southern Kaduna

Nasir el-Rufai, governor of Kaduna state, says there is no going back on the establishment of a military barracks in southern Kaduna.On February 5, Tukur Buratai, chief of army staff, laid the foundation for the establishment of battalion at Ungwan Yashi area of Zangon Kataf local government area, but less than five days after, some persons destroyed it.But speaking on [...]

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    El-Rufai kicks as foundation of proposed military base in southern Kaduna is vandalised

El-Rufai kicks as foundation of proposed military base in southern Kaduna is vandalised

Less than one week after Tukur Buratai, chief of army staff, laid foundation for the establishment of a battalion at Ungwan Yashi area of Zangon Kataf local government area of Kaduna state, some persons have destroyed it.Speaking when the foundation was laid, Buratai had said the location was chosen as a response to the incessant killings occurring in southern Kaduna [...]

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    There’s a cabal in government but I’m not a member, says el-Rufai

There’s a cabal in government but I’m not a member, says el-Rufai

Nasir el-Rufai, governor of Kaduna, has said he's not a member of the cabal in the presidency because he's preoccupied with the affairs of his state.According to el-Rufai, there's bound to be a cabal in every government and/or institution.He said the key issue is "whether the cabal is positive or negative" in nature.The governor made this known on Thursday while [...]

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    We’re not here to take sides, Buratai says as army sets up base in southern Kaduna

We’re not here to take sides, Buratai says as army sets up base in southern Kaduna

The Nigerian army has laid the foundation for the establishment of a military base in Jema'a local government area of Kaduna state.The establishment of the base was in response to the recent escalation of killings in the southern part of Kaduna.Speaking at the ceremony, Tukur Buratai, chief of army staff, said the army is committed to the peace in the [...]

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    Don’t give the impression that you are targeting Christians, Suleman tells FG

Don’t give the impression that you are targeting Christians, Suleman tells FG

Johnson Suleman, general overseer of Omega Fire Ministries, has advised the federal government not to give the impression that Christians were being victimised.In a statement by Phrank Shaibu, his communication adviser, Suleman said those who speak the truth have been vilified.Recently, the Department of State Services (DSS) made attempt to arrest him.After failing in the bid, the secret police then [...]

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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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