Thursday, January 19, 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 "President Muhammadu Buhari"

    Buhari in ‘deep sadness and regret’ over accidental bombing of civilians in Borno

Buhari in ‘deep sadness and regret’ over accidental bombing of civilians in Borno

President Muhammadu Buhari has described the accidental bombing of humanitarian workers and civilians in Borno state as "a regrettable operational mistake".He expressed regret at the tragedy, saying the federal government would lend a hand to the Borno state government in attending to it.Lucky Irabor, theatre commander of Operation Lafiya Dole, had disclosed the incident to journalists in Borno state on [...]

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    Buhari remembers fallen heroes, commends troops for their sacrifice

Buhari remembers fallen heroes, commends troops for their sacrifice

President Muhammadu Buhari has commended troops for their sacrifice to the nation.He also said those who died in the line of duty would not be forgotten.He spoke at the national arcade in Abuja on Sunday, while performing the wreath laying ceremony for the 2017 Armed Forces Remembrance Day.Vice-President Yemi Osinbajo; Yakubu Dogara, speaker of the house of representatives; and Walter [...]

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    Adebanwi, Oxford professor, is an inspiration to Africa, says Buhari

Adebanwi, Oxford professor, is an inspiration to Africa, says Buhari

President Muhammadu Buhari has described Wale Adebanwi, an Oxford professor, as an inspiration to Africa.Buhari likened him to Wole Soyinka and Chinua Achebe who put Africa on the world’s knowledge map.Adebanwi, a journalist turned scholar,  was appointed as Rhodes professor in race relations in the school of interdisciplinary area studies at the University of Oxford, United Kingdom – making him [...]

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    Support me in these challenging times, Buhari appeals to Ndi Igbo

Support me in these challenging times, Buhari appeals to Ndi Igbo

President Muhammadu Buhari has appealed to the Igbo to support his government.In the 2015 presidential election, the Igbo voted overwhelmingly for former President Goodluck Jonathan. And they are ardent critics of his government.Buhari made the appeal in a congratulatory message to Nnia Nwodo, the new president-general of Ohanaeze Ndigbo, a pan-Igbo socio-cultural organisation.“President Muhammadu Buhari congratulates Chief John Nwodo on [...]

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    Buhari sacks FRC boss 2 days after Adeboye ‘stepped down’

Buhari sacks FRC boss 2 days after Adeboye ‘stepped down’

President Muhammadu Buhari has approved the immediate removal  Jim Obazee, executive secretary of the Financial Reporting Council of Nigeria (FRC), who enforced a law that forced Enoch Adeboye to resign as general overseer of the Redemeed Christian Church of God (RCCG), Nigeria.Garba Shehu, presidential spokesman, disclosed this in a statement on Monday.According to Shehu, the president also approved the reconstitution [...]

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    All Chibok girls will one day be with their families, says Buhari

All Chibok girls will one day be with their families, says Buhari

President Muhammadu Buhari has expressed hopes that all the kidnapped Chibok schoolgirls will one day be reunited with their families.He assured Nigerians that his government would do all within its powers to rescue the girls.In a statement issued by Femi Adesina, presidential spokesman, on Thursday, Buhari said the recovery of Rakiya Abubakar, one of the abducted girls, renewed his hope [...]

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    IBB: I knew Buhari would crush Boko Haram

IBB: I knew Buhari would crush Boko Haram

Ibrahim Badamasi Babangida (IBB), former military president, has restated his belief in the ability of President Muhammadu Buhari to crush Boko Haram.In a statement issued by his media office obtained by PRNigeria, on Monday, Babangida said “President Muhammadu Buhari and the  military are capable of crushing any challenge of the territorial integrity of Nigeria”.He said he was delighted about the [...]

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    N74m Aso Rock rent, N94m for tyres, N396m for cars… 20 details of Budget 2017

N74m Aso Rock rent, N94m for tyres, N396m for cars… 20 details of Budget 2017

President Muhammadu Buhari presented the 2017 budget to the national assembly on Wednesday, December 14, 2016, promising economic recovery.As expected the budget, which amounted to N7.298 trillion naira, was different from the 2016 budget in many ways.TheCable reviewed the 1,047-paged document, and brings you 20 fine details of interest.Here are some details of the 2017 budget:Total budgetN7.298 trillion budget.Aim of the budgetThe [...]

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    Buhari: I cancelled Enugu visit to avoid disrupting Christmas

Buhari: I cancelled Enugu visit to avoid disrupting Christmas

President Muhammadu Buhari has explained his absence from the south-east economic and security summit in Enugu.Speaking through ‎Garba Shehu, his spokesman, Buhari said he aborted the trip because he did not want to disrupt Christmas celebrations in the region.Buhari was expected to declare open the summit, which held in Enugu, on Thursday, but his absence fuelled speculations that he was [...]

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    Buhari: I’m happy Nigerians can buy cheap rice in this recesssion

Buhari: I’m happy Nigerians can buy cheap rice in this recesssion

President Muhammadu Buhari says he is happy that Nigerians can buy relatively cheap Lake Rice (Lagos-Kebbi Rice) in this recession.In a statement issued by Femi Adesina, presidential spokesman, on Friday, Buhari commended Lagos and Kebbi states for the successful partnership that gave rise to the local production of the commodity.He saluted the commitment of Akinwunmi Ambode, Lagos governor, and Atiku Bagudu, [...]

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    Military operation in southeast will lead to more human rights abuses, CSOs warn FG

Military operation in southeast will lead to more human rights abuses, CSOs warn FG

A coalition of civil society organisations (CSOs) has expressed shock at the deployment of soldiers to the southeast despite allegations of human rights violations against them.On November 24, Amnesty International had released a report cataloguing violations including extra-judicial executions, enforced disappearances, torture, unlawful arrest and detention of Indigenous People of Biafra (IPOB) members and supporters by the military.Owing to a [...]

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    FULL LIST: Names, portfolios of 47 new ambassadors

FULL LIST: Names, portfolios of 47 new ambassadors

Forty-seven career ambassadors have been deployed in various missions across the world.They were confirmed by the senate in NovemberPresident Muhammadu Buhari had appointed them in June, but controversy over the exclusion of some states, stalled their final approval by the upper legislative chamber.Here are the ambassadors and their places of assignments:NAME STATE PORTFOLIOS1 Obinna Chukwuemeka Agbugba Abia  Togo2 Salisu Umaru Adamawa Senegal3 Paragalda Ilyasu Audu Adamawa Turkey4  Inyan Udo-Inyang Akwa Ibom  Gabon5 Okeke Vivian Nwunaku Anambra Spain6 Nonye [...]

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    Buhari: The average foreigner thinks Nigeria is all about 419 and terrorism

Buhari: The average foreigner thinks Nigeria is all about 419 and terrorism

President Muhammadu Buhari has charged Nigeria’s ambassadors to market the positive values of the country, saying foreigners think it is all about 419, corruption and militancy.In a statement issued by Femi Adesina, presidential spokesman, on Monday, Buhari also expressed optimism that the current recession would ebb in 2017.Speaking in Abuja while declaring open an induction course organised by the ministry [...]

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    Saraki has made tremendous impact on this country, says Buhari

Saraki has made tremendous impact on this country, says Buhari

President Muhammadu Buhari has described Senate President Bukola Saraki as "one of the most influential politicians of our time”.In a statement issued by Garba Shehu, presidential spokesman, on Monday, Buhari felicitated with the senate president on the occasion of his 54th birthday.“In a goodwill message to the celebrant, the president describes the senate president as ‘one of the most influential [...]

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    EXTRA: Buhari’s aides contribute money to pay for his meal at Zahra’s wedding

EXTRA: Buhari’s aides contribute money to pay for his meal at Zahra’s wedding

Garba Shehu, presidential spokesman, says President Muhammadu Buhari's family and aides "put money together" to foot the bill for the food he ate at his daughter's wedding.Shehu said Buhari's aides are making monetary contribution to the event.In a series of tweets on Thursday, Shehu said Buhari had decided not to make the wedding of Zahra, his daughter, a royal one. He [...]

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    ‘Why did he bleed to death?’ Brother of Lt.Col killed by Boko Haram asks Buhari

‘Why did he bleed to death?’ Brother of Lt.Col killed by Boko Haram asks Buhari

Odiriviroro Umusu, younger brother of Otos Umusu, a lieutenant colonel who was killed in a Boko Haram ambush in Borno state on Monday night, has written to President Muhammadu Buhari over his brother’s death.Umusu’s death is coming a few weeks after the insurgents killed Abu-Ali, a lieutenant colonel and commanding officer of 272 task force battalion, in a night raid [...]

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Exchange Rates

January 18, 2017USDGBPEUR
INTERBANK315.06387.93336.61
LAGOS495600510
KANO495600508
PH500600510
ABUJA493600510
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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