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 » November

Monthly Archives: November 2016

SSANU urges FUNAAB VC’s suspension over alleged N800m fraud

‎The Senior Staff of Association of Nigerian Universities (SSANU) had urged Federal Government to suspend three principal officers of Federal University of Agriculture, Abeokuta, over alleged N800 million fraud. Mr Saheed Oseni, the Chairman of SSANU in Lagos State University (LASU), made the appeal in an interview with the News Agency of Nigeria (NAN) on Wednesday in Lagos. Oseni said ... Read More »

PDP will lose more senators – APC

Nigeria’s ruling party, the All Progressives Congress, on Wednesday boasted that more senators from the country’s main opposition party will defect to it. The Peoples Democratic Party had lost all the three Senators representing Ondo State at the upper chamber of National Assembly to APC, with Mr. Yele Omogunwa (Ondo South) the latest to defect. Mr. Omogunwa’s letter, which formally ... Read More »

Fuel subsidy stoppage saves FG $15.4bn – Kachikwu

Nigeria has saved $15.4bn as a result of the elimination of subsidy on petroleum products since May this year, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said. Kachikwu disclosed this while hosting members of the House of Representatives Committee on Petroleum (Downstream) at the ministry’s headquarters in Abuja on Tuesday. The lawmakers were at the ministry ... Read More »

We’ll commence disbursement of N25bn ETF in December – Ambode 

…Artisans, Traders, Others To Get Access To Fund, Gov Assures …Says Informal Sector Critical To Economic Growth Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday said the State Government will commence the disbursement of the N25billion Employment Trust Fund (ETF) initiative of his administration by December, 2016. Governor Ambode, who spoke in Lagos at the graduation ceremony for 500 artisans ... Read More »

Ekiti CNPP Congratulates Akeredolu

The Conference of Nigeria political parties (CNPP) Ekiti State Chapter congratulates Ondo Governor Elect, Barr. Rotimi Akeredolu of the All Progressive Congress on his victory during last Saturday election. In a statement issued by CNPP Chairman, Prince Tunji Ogunlola, he applauded the Leaders of the APC in Ondo State for staying United after the party primaries. He also commended the ... Read More »

Edo College Old Boys Association (ECOBA) Honours Members at Annual Dinner

The 2016 annual dinner of the Edo College Old Boys Association (ECOBA), Lagos Chapter would ever remain memorable as the ceremony which serves as a forum for members of the association and their families to reunite and share ideas, was also used to honour three distinguished members who have excelled in various professions and whose works have contributed immensely to ... Read More »

Buhari fires Director General of NTDC

The Federal Government on Wednesday removed the Director General of the Nigeria Tourism Development Corporation (NTDC), Sally Mbanefo. The DG has been asked to handover the affairs of NTDC to the next most senior officer. The removal of the DG was contained in a November 27, 2016 letter which was signed by the Secretary to the Government of the Federation, ... Read More »

BREAKING: NCC suspends planned increase in price of data

Barely three hours after the Senate passed a resolution asking Telecommunications Service Providers to stop the planned increase in data tariffs, the Nigerian Communications Commission, NCC, has announced the immediate suspension of the new tariff for data services by mobile operators. Some telecommunications service providers had recently issued statements to subscribers though customised Short Messaging Services, SMS, intimating them of ... Read More »