MARKET UPDATE
AUGUST 22, 2017NIGERIA STOCK EXCHANGE (Market Open) SUMMARY:All Share Index 36,584.44Deals 3,729.00Volume 368,381,759.00Value 6,272,685,687.99Market Cap 12,609,660,207,550.90TOP GAINERSBETAGLAS 59.84 (2.51)FLOURMILL 31 (2.49)NB 2.49 (2.48)GUARANTY 40.7 (1.2)UNILEVER 46 (0.5)TOP LOSERSNESTLE 1200.01 (-9.99)DANGCEM 215.62 (-9.38)STANBIC 38.11 (-0.74)WAPCO 58.5 (-0.5)ZENITHBANK 24 (-0.28)CBN EXCHANGE RATE (NGN)Buying:$USD 304.7GBP 392.4536 EURO 358.571SWISS FRANC 315.2939 YEN 2.7941 Selling:$USD 305.7£GBP 393.7416EURO 359.7478SWISS FRANC 316.3286YEN 2.8033CNBC COMMODITY PRICES (USD)Crude Oil (Bonny light) $50.79Natural Gas 2.96 (0.067)Gold 1295.70 (4.10) Silver 17.025 (0.025)Copper 2.985 (0.0455)Wheat 410.25 (-5.75)Coffee 130.45 (-1.25)Cotton 67.44 (0.16)Cocoa 1890.00 (-32.00)
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Author Archives: Author

Buhari meets with Osinbajo, others

President Muhammadu Buhari on Monday met behind closed doors with government officials including Vice-President Yemi Osinbajo and some presidential aides as he formally resumed duties in the Presidential Villa, Abuja. The News Agency of Nigeria (NAN) reports that presidential aides including the Chief of Staff to the President, Abba Kyari, and the President’s Special Adviser on Media and Publicity, Femi Adesina, were ... Read More »

Saraki acknowledges receipt of Buhari’s resumption letter

The president of the Senate, Bukola Saraki, has acknowledged receipt of President Muhammadu Buhari’s resumption letter to the National Assembly. Mr. Saraki made this known via his twitter handle on Monday. He said, “I have received a letter from President Muhammadu Buhari informing the Senate that he has returned to the country. “I have also acknowledged the letter.’’ The News Agency ... Read More »

Buhari’s welcome speech failed to address ‘critical’ national issues – SDP

The Social Democratic Party, SDP, has said despite its joy that President Muhammadu Buhari is back from his medical vacation, it is displeased that his first speech after return did not address critical national issues. Mr Buhari addressed Nigerians early Monday after he returned from a protracted medical leave. In a press statement signed by Alfa Mohammed, the party’s National Publicity Secretary, ... Read More »

PDP’s Understanding Of Restructuring Nigeria Shallow — APC

The ruling All Progressives Congress has described the opposition Peoples Democratic Party’s definition and understanding of the restructuring of Nigeria as shallow and far from what Nigerians are asking for. The two main parties had since the end of last week been engaged in a debate on an issue that has recently become the centre of national political discourse in ... Read More »

JAMB to announce new admission policies Tuesday

The Joint Admission and Matriculation Board, JAMB, which began a meeting on Monday, is expected to formally announce a new holistic policy on Tuesday when the body is expected to conclude its ongoing deliberation. The meeting, which involves admission officers of Nigerian tertiary institutions, is taking place at the National Judicial Institute in Abuja. Issues discussed at the meeting include the introduction of ... Read More »

Rooney Scores 200th Premier League Goal At Everton

Wayne Rooney has scored his 200th goal in the Premier League and his second in two top-flight starts for Everton since his return to the club. The 31-year-old side-footed Dominic Calvert-Lewin’s cross into the net after 35 minutes of Everton’s game against Manchester City to put Ronald Koeman’s side into the lead. It takes Rooney to 200 goals in 462 appearances in England’s top flight, ... Read More »

Ekiti APC holds rally for Buhari, hails Wike

The All Progressives Congress in Ekiti State and the Conference of Nigerian Political Parties on Monday held a rally in Ado Ekiti to celebrate the return of President Muhammadu Buhari after 104 days medical vacation in London. The procession moved from Okeyinmi junction along the Ado-Ikere road and stopped at Ijigbo roundabout to address the public. The situation caused a traffic gridlock, ... Read More »

CBN Lifts Forex Market with $195m

The Central Bank of Nigeria (CBN) on Monday, August 21, 2017, boosted the FOREX market by offering a total of $195m in three segments of the market. In the wholesale segment of the inter-bank Foreign Exchange market, it auctioned $100m and also intervened in the Small and Medium Enterprises (SMEs) and invisible segments, with the sum of $50 million and ... Read More »

APC Inaugurates 7-Member Reconciliation Committee For Kogi+PHOTOS

The National Chairman of the All Progressives Congress (APC), Chief John Odigie-Oyegun on Monday inaugurated a top-level seven-member reconciliation committee for the Party’s Kogi State Chapter at the APC National Secretariat in Abuja. The seven-member committee is chaired by Gen. Idris Garba. Other members are: Chief Don Etiebet; Rt. Hon. Patricia Etteh; Grp. Capt. Rufai Garba; Alh. Umar Lawan Kareto; ... Read More »

FG spent N1.3trn on capital projects in 2016- Osinbajo

Vice-President Yemi Osinbajo said on Monday that the Buhari administration spent N1.3 trillion on capital projects in 2016, the highest in the history of the country. Acting President Osinbajo Osinbajo disclosed this at a plenary of the 2017 Nigerian Bar Association (NBA) national conference in Lagos with the theme: “African Business: Penetrating Through Institution Building.”  The sub-theme of the plenary ... Read More »