MARKET UPDATE
JANUARY 22, 2018 NIGERIA STOCK EXCHANGE (Market Open) SUMMARY: All Share Index 30,732.72 Deals 3,847.00 Volume 499,211,855.00 Value N5,531,472,396.41 Market Cap N11,460,507,296,364.93 TOP GAINERS CCNN 26.9 (1.8) NEM 2.6 (0.12) FCMB 1.83 (0.07) LINKASSURE 0.61 (0.05) UBA 7.35 (0.05) TOP LOSERS SEPLAT 530 (-46) MOBIL 180 (-8) DANGCEM 190 (-4.9) WAPCO 12.4 (-0.4) ETRANZACT 3.25 (-0.31) CBN EXCHANGE RATE (NGN) Buying: $USD 305.8 £GBP 393.6563 EURO 347.6334 SWISS FRANC 306.4435 YEN 2.7896 Selling: $USD 306.8 GBP 394.9436 EURO 348.7702 SWISS FRANC 307.4456 YEN 2.7988 CNBC COMMODITY PRICES (USD) Natural Gas 3.235 (-0.247) Crude Oil (Bonny light) $58.31 Gold 1279.60 (-3.00) Silver 15.285 (-0.114) Copper 2.6755 (-0.0435) Wheat 517.75 (UNCH)  Coffee 105.25 (2.85) Cotton 73.95 (-0.42) Cocoa 2304.00 (-31.00)
Wednesday , January 23 2019
Home » 2018 » February

Monthly Archives: February 2018

Our Investments In Lekki Free Zone’ll Earn Nigeria N8trn Annually- Dangote

…..$2BN NEEDED TO REVIVE LAGOS-KANO RAIL LINE, SAYS OSINBAJO Nigeria’s Vice President, Professor Yemi Osinbajo on Wednesday said at least $2billion would be required to revive the Lagos-Kano Rail Line as part of efforts to boost local and international trade along the Northern and Southern zones. Osinbajo, who spoke at the opening of the inaugural edition of the Lagos-Kano Economic ... Read More »

Photo News: VP OSINBAJO, AMBODE, GANDUJE, BAGUDU, EMIR OF KANO AT LAGOS-KANO ECONOMIC SUMMIT IN LAGOS

Vice President, Prof. Yemi Osinbajo (2nd left); Lagos State Governor Mr. Akinwunmi Ambode (2nd right); his Kebbi and Kano States counterparts, Alhaji Atiku Bagudu (right) and Dr. Abdullahi Umar Ganduje (left) during the Lagos-Kano Economic and Investment Summit at the Jubilee Chalet, Epe, Lagos, on Wednesday, February 28, 2018.   Vice President, Prof. Yemi Osinbajo (middle); Lagos State Governor Mr. ... Read More »

Real Madrid’s Ronaldo gamble backfires as Espanyol snatch late win

Real Madrid rested Cristiano Ronaldo and suffered a fifth Liga defeat of the season as Espanyol’s Gerard Moreno struck late for a 1-0 win over the Spanish champions on Tuesday. Catalan forward Moreno wasted a number of chances but his last-minute volley took a wicked deflection off defender Raphael Varane to secure Espanyol’s first victory over Real in 11 years. ... Read More »

NASS, Executive feud slowed down governance process – Buhari

The seeming frosty relationship between the Executive and the National Assembly is slowing down governance, President Muhammadu Buhari has said. The President, who spoke at the National Executive Committee meeting of the All Progressives Congress (APC), however, said the government was working hard to resolve the differences between the Executive and the National Assembly so that the country can move ... Read More »

ODD NEWS: Cash and carry: Woman in China rides through X-ray scanner rather than part with purse

A woman in southern China accompanied her purse through a train station’s luggage x-ray machine rather than part with the bag amid the Lunar New Year holiday rush, Chinese media reported. Video from the digital news platform Pear Video, linked on the Facebook page of the state-run People’s Daily newspaper and widely picked up online, showed a guard apparently telling ... Read More »

ODD NEWS: A’ is for Armani: public grade school in Tokyo adopts designer uniforms

A public elementary school in Tokyo’s upscale shopping district of Ginza has raised parents’ eyebrows with a plan to adopt uniforms designed by Italian fashion brand Giorgio Armani for its students, media said on Thursday. Taimei Elementary School is introducing the uniforms for incoming pupils, each costing more than 80,000 yen ($729), including optional items, or more than three times ... Read More »

China Devt Bank, UBA sign $100m loan for SMEs in Africa

United Bank for Africa (UBA) and China Development Bank (CDB), the world’s largest development finance institution, has announced the signing of a $100 million seven-year loan agreement to finance the development of small and medium enterprises (SMEs) in Africa. The $100 million loan will enhance UBA’s capacity to provide access to finance to small and medium enterprises (SMEs) across the ... Read More »

FG launches annual trade policy report – FG

The Federal Government on Tuesday launched the first edition of the Nigeria Annual Trade Policy Report, which was put together by the Nigerian Office for Trade Negotiations The document was presented to the public by the Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah. The report identifies the priorities in Nigeria’s trade policy and the use of trade policy ... Read More »

GDP recorded 0.82% growth in 2017 – NBS

The National Bureau of Statistics on Tuesday released the full-year 2017 Gross Domestic Product growth rate for the country, with the economy growing by 0.82 per cent. The 0.82 per cent growth in GDP was an improvement over the contraction of -1.58 per cent, which the economy recorded in 2016 during the period of recession. The bureau, in the report ... Read More »

Call masking: NCC sanctions operators, bars 750,000 lines

The Nigerian Communications Commission on Tuesday announced a number sanctions to some operators in the telecommunications industry for their involvement in masking of international calls. Masking involves concealing international calls coming into a country and presenting them as local in order to make profits from the difference in prices between local and international calls. The sanctions announced by the NCC ... Read More »