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 » 2017 » March

Monthly Archives: March 2017

RRS arrests Internet fraudsters in Lagos

The operatives of Rapid Response Squad of the Lagos State Police Command has arrested four suspects who specialise in tricking sellers of expensive mobile phones pretending to be online buyers and thereafter rob the sellers at the point delivery. The suspects, Wilfred Ehis, 30; Bright Eloho, 24, Emeka Egbemedu, 22 and Olanrewaju Kamilu, 33 were arrested on Wednesday evening in ... Read More »

Minister of Finance clarifies actions taken on alleged fraud in YouWin Programme

The attention of the management of the Federal Ministry of Finance has been drawn to a story in The Punch newspaper of Tuesday, March 28, 2017 entitled, “Probe Uncovers Massive Fraud in YouWin Programme.” It will be recalled that the current administration inherited YouWin as an ongoing programme, which had made legally binding commitments of grants to 1, 500 entrepreneurs. ... Read More »

President Buhari approves deployment of four Ambassadors – Designate

President Muhammadu Buhari has approved the immediate deployment of four of the newly appointed Ambassadors-Designate. The president announced the deployment in a statement issued by his Special Adviser on Media and Publicity Mr Femi Adesina on Friday in Abuja. Adesina said Prof. Tijjani Bande, (Kebbi State) would now serve as Nigeria’s Ambassador/Representative to the Permanent Mission of Nigeria to the ... Read More »

Prospective JAMB candidates lament stressful registration process, call for extension

Prospective candidates for the Unified Tertiary Matriculation Examination conducted by the Joint Admission and Matriculation Board, JAMB, on Friday described ongoing registration process as very slow, cumbersome, expensive and stressful. Some of the candidates who spoke to the News Agency of Nigeria, NAN, in separate interviews in Kaduna and Kano, called on JAMB to extend the period for the registration. ... Read More »

Dangote, Adenuga, Alakija, seven others on richest list

Forbes, a website renowned for ranking of richest people in the world, has made available the list of richest people in Nigeria in 2017. In the latest release, nine others made the billionaires club to join Africa’s Richest man Aliko Dangote with a net worth of $12.5 billion. In 2014, Dangote ranked as the 24th richest man in the world ... Read More »

Abuja Airport runway ‘is 57.5% ready’

The reconstruction of the runway of the  Azikiwe International Airport, Abuja, has reached 57.5 per cent completion, mid-way into the six weeks earmarked for the project. “Work is going on smoothly as you can see. We have taken you round and everything is in order,” Minister of State for Aviation Hadi Sirika said when Minister of Information Culture and Tourism ... Read More »

JAMB says no going back on Computer Based Test

The Joint Admission and Matriculation Board, JAMB, has faulted a report that it had dumped the Computer-Based Test (CBT) mode for the Unified Tertiary Matriculation Examination, UTME. The board restated its determination to continue all its examinations using CBT mode. A statement issued in Abuja on Thursday by the spokesperson of JAMB, Fabian Benjamin, said the clarification became necessary “following ... Read More »

Buhari to return to see UK doctors –Presidency

The Presidency on Thursday said President Muhammadu Buhari has not changed his plan to return to his doctors in London, United Kingdom for check-up. The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, said this in an interview with journalists. Shehu said it was not true that Buhari had decided to bring his doctors to Nigeria ... Read More »

Fraudsters impersonate Tinubu, Saraki, dupe job seekers of N20m

Some suspected fraudsters, who specialised in cloning phone numbers of ministers, politicians and aides to President Muhammadu Buhari, have been apprehended by the police. The suspects were identified as Chief Ovie Ogogo, 47; Abdulazeez Eragbe, 40; Babatunde Oshamoto, 49; and 25-year-old Samuel Idah. Fourteen phones with SIM cards allegedly registered with names of top government officials were reportedly recovered from ... Read More »

Forex fraud: EFCC invites more senior CBN officials

The Economic and Financial Crimes Commission has invited more senior officials of the Central Bank of Nigeria as part of investigations into an alleged foreign exchange scam and other sharp practices within the apex bank. Reliable sources within the anti-graft agency said the investigators probing the scam believed strongly that the activities of some officials of the bank impacted negatively ... Read More »