MARKET UPDATE
DECEMBER 16, 2017NIGERIA STOCK EXCHANGE (Market Closed) SUMMARY:All Share 38,436.08Index Deals 4,104.00Volume 425,258,187.00Value 9,173,795,199.68Market Cap 13,678,117,443,057.46TOP GAINERSDANGCEM 230 (240)NB 139 (142.5)PRESCO 65 (66.17)GUINESS 95 (96)ZENITHBANK 24.99 (25.7)TOP LOSERSOKOMUOIL 75 (71.25)WAPCO 44 (43.01)CADBURY 15.54 (14.77)UNILEVER 40.7 (40.2)DANGFLOUR 12.25 (11.8)Buying:USD 305.25GBP 409.676 EURO 361.0497SWISS FRANC 309.1452YEN 2.7085 Selling:USD 306.25GBP 411.0181EURO 362.2325SWISS FRANC 310.158YEN 2.7174CNBC COMMODITY PRICES (USD)Crude Oil (Bonny light) $64.61Natural Gas 2.678 (-0.006)Gold 1261.70 (4.60) Silver 16.095 (0.161)Copper 3.0975 (0.025)Wheat 419.25 (1.00)Coffee 121.50 (1.20)Cotton 76.15 (0.82)Cocoa 1878.00 (-15.00)
Home » Author Archives: Author

Author Archives: Author

Fayose Borrowed N56bn In Three Years – DMO

The Debt Management Office (DMO) has come out with the debt profile of Ekiti State within the three years of Governor Ayo Fayose in power. According to DMO, Fayose has borrowed a total sum of N56 billion since coming to power on October 16, 2014. In its latest bulletin released at the weekend, the DMO disclosed that the Fayose administration ... Read More »

LASTMA arrests Five Officials Over Extortion 

…20 Dismissed For Misconduct The Lagos State Traffic Management Authority (LASTMA) has arrested five of its traffic officials for extorting motorists last week at various parts of the State. The traffic officials are Bamidele Sheu, a level seven traffic officer aged 48 and resident of 68, Oke Popo Street, Lagos Island; Ope Adisa, aged 32 and level 5 traffic officer ... Read More »

Buhari at 75: Why God kept him alive

By FEMI ADESINA Let me begin by telling a story. On June 1, 2015, the day I resumed work as adviser on media to President Muhammadu Buhari, he had admonished me: “Adesina, always tell me the truth. That is what I want from you. In this type of position I have found myself, it is very easy not to be ... Read More »

$1b to fight Boko Karam: Governors Forum tackles Fayose

Nigeria Governors’ Forum Chairman AbdulAzeez Yari yesterday ruled Governor Ayodele Fayose of Ekiti State, was out of order over his claim that the $1b recently approved for the fight against Boko Haram is a ruse. The governors, at a meeting of the National Economic Council (NEC) on Thursday, gave the federal government the green light to withdraw the money from the ... Read More »

APC’s stainless kitchen can accommodate more cooks –Tinubu

The National Leader of the All Progressives Congress, Bola Tinubu, on Saturday said the party was on the path to becoming the only party in Oyo State after welcoming a former Governor of the state, Adebayo Alao-Akala, and other politicians to the APC. The other politicians who defected to the party included a former Deputy Governor of Oyo State, Taofeek ... Read More »

FAAC: FG, States, LGs share N609.95bn November revenue

The Federation Account Allocation Committee (FAAC) distributed N609.95 billion to Federal, States and Local Governments as revenue generated in November. This is N77.25 billion more than what it shared in October, Ahmed Idris, the Accountant-General of the Federation said. Mr. Idris said that after the cost of collection deductions by FIRS, Customs and DPR, the Federal Government received N248.2 billion, ... Read More »

Everyone jubilated day I had an erection on sickbed –Yinka Ayefele

Everyone knows Yinka Ayefele became famous after he survived an accident that almost ended his life on December 12, 1997. What most people don’t know is that doctors had concluded that he would never be able to perform sexually again. Celebrating 20 years after the nightmarish accident, Ayefele told Sunday Scoopthat on the day he first had an erection while he was ... Read More »

Tinubu, Ajimobi, welcome Akala, Folarin, others to APC on Oyo governor’s 68th birthday

One of the National Leaders  of  All Progressives Congress (APC), Asiwaju Bola Tinubu, Governor Abiola Ajimobi of Oyo State, two other governors and other chieftains  of the party on Saturday formally received  the immediate past  governor of the  State, Adebayo Alao-Akala, former Senate leader, Senator  Teslim Folarin and other top politicians  to the APC. Alao-Akala’s deputy while in office, Ambassador Taofeek Arapaja, the ... Read More »

Paris Club: Ekiti, Delta, Ogun, Adamawa, Five others to wait

Nine states including Ekiti, Delta, Ogun and Adamawa are to wait for now before collecting their own share of the third tranche of the Paris Club refunds, The Nation leant last night. However, 27 other states have collected their dues in what promises to be a rosy Christmas and New Year seasons for public servants in the benefitting states. Much ... Read More »