MARKET UPDATE
AUGUST 23, 2017NIGERIA STOCK EXCHANGE (Market Open) SUMMARY: All Share Index 36,962.48 Deals 3,829.00 Volume 244,315,144.00 Value 3,672,761,536.18Market Cap 12,739,959,591,754.59 TOP GAINERS NESTLE 1220.2 (20.19) TOTAL 239.51 (11.4) DANGCEM 224.9 (9.28) FO 50.5 (0.5) NASCON 13.5 (0.48) TOP LOSERS MOBIL 213.81 (-11.25) CONOIL 30.59 (-3.3) FLOURMILL 29.85 (-1.15) ZENITHBANK 23.05 (-0.95) UACN 15.7 (-0.8) CBN EXCHANGE RATE(NGN)Buying:$USD 304.65 GBP 392.1455 EURO 356.2882 SWISS FRANC 314.8186 YEN 2.7658 Selling:$USD 305.65 £GBP 393.4327 EURO 357.4577 SWISS FRANC 315.852 YEN 2.7749 CNBC COMMODITY PRICES (USD)Crude Oil (Bonny light) 50.79 Natural Gas 2.938 (-0.024) Gold 1290.90 (-5.7999) Silver 16.975 (-0.04) Copper 2.9855 (0.005) Wheat 403.25 (-6.25) Coffee 129.30 (-0.85) Cotton 67.82 (0.26) Cocoa 1919.00 (-11.00) 
Home » 2016 » March

Monthly Archives: March 2016

$1.65bn Lekki seaport for completion in 2019 – Ambode

…Lagos Offers Hope For Nigeria, Utomi Lagos State Governor, Mr. Akinwunmi Ambode on Thursday reeled out the numerous investment opportunities that abound in the state to would-be investors in critical sectors such as Power, Agriculture, Transportation, Health, Tourism, Housing, ICT and Manufacturing, just as he assured that the state is open more than ever before for greater business. Governor Ambode, ... Read More »

Lagos clarifies position on environmental sanitation

…Says Policy On Sanitation Stands The Lagos State Government has clarified reports making rounds on social media that the monthly environmental sanitation in the State has been outlawed, saying that the policy on the monthly exercise has not been reviewed for now. In a statement signed by the Commissioner for Information and Strategy, Mr. Steve Ayorinde, the government said the ... Read More »

Ambode orders repair of Lagos-Badagry expressway

Lagos State Governor, Mr. Akinwunmi Ambode has ordered the State Public Works Corporation (LSPWC) to immediately embark on extensive repair on the ever busy Lagos-Badagry Expressway so as to improve driving experience of motorists in the area. Special Adviser to the Governor/C.E.O, Public Works, Engr. Ayotunde Sodeinde, told journalists on Thursday that the Corporation has already mobilised its workers to ... Read More »

Blame Offering As Sharwama For The Gods

By Azu Ishiekwene The president of the Nigerian Football Federation (NFF), Amaju Pinnick, has blamed the “god of soccer” for Nigeria’s failure to qualify for next year’s African Cup of Nations in Gabon. After the Super Eagles went down 0-1 to Egypt in Alexandria on Tuesday, Pinnick, who had obviously run out of scapegoats, chose, this time, to pin the ... Read More »

Appeal Court dismisses Yunusa’ ex parte order against Honeywell

The Court of Appeal sitting in Lagos on Wednesday dismissed the ex parte order granted against Honeywell Flour Mills Plc in favour of Ecobank. Justice Mohammed Yunusa of the Federal High Court sitting in Lagos had on December 4, 2015 ordered partial freezing of Honeywell’s accounts following an application by Ecobank’s lawyer, Mr Kunle Ogunba (SAN). Honeywell thereafter approached the ... Read More »

I’m a British citizen, ask Buhari to release me – Kanu tells UK

Detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, has made an appeal to the British Government to intervene on his behalf and ask President Muhammadu Buhari to release him. According to a report, Kanu addressed a letter to the UK through his lawyer, Ifeanyi Ejiofor, describing himself as a victim of travesty and claiming that his human ... Read More »

Aluko in Ado Ekiti, relates experience with DSS, Police

The whistleblower on the alleged rigging of the June 21, 2014 governorship election in Ekiti State, Dr. Tope Aluko, yesterday appeared in Ado-Ekiti, the state capital, reliving his encounter with security and anti-graft agencies. The embattled Secretary of the state Peoples Democratic Party (PDP) said he spent 12 days in the Department of State Services (DSS) custody, five days with ... Read More »

$180m Halliburton probe: EFCC boss, AGF in U.S.

Two Federal Government officials have gone to the United States for talks on President Muhammadu Buhari’s anti-corruption war. Attorney-General of the Federation (AGF) and Justice Minister Abubakar Malami and Economic and Financial Crimes Commission (EFCC) Chair Ibrahim Magu are in the United States, barely two weeks after a similar trip to the United Arab Emirates (UAE) where about $200b looted ... Read More »

ODD NEWS: 70 year old widow arraigned for owing 20 years rent

A 70-year-old widow, Mrs Elizabeth Adeoni, was on Wednesday arraigned in an Osogbo customary court for owing rent arrears for 20 years. Lateef Adegoke, the landlord of the widow, told the court that Adeoni had not been paying house rent since 1995. Adegoke, therefore, prayed the court to assist him to recover his money from the septuagenarian. The landlord urged ... Read More »