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) 
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LIFE STYLE

TVC Restructures, Sacks 145 Employees

The management of Television Continental has sacked 145 workers across the country. The news was announced on Friday in an email signed by TVC’s public relations handler. Television Continental is owned by former Lagos State governor and National Leader of the ruling All Progressives Congress, Senator Bola Tinubu. The affected employees were said to have been invited to the head office ... Read More »

Davido releases FALL on Apple iTune, YouTube

Davido has made good his promise to release both the album and the video of his new single, FALL. The danceable song released today is available on Apple iTune for N200. Here is the link: https://itunes.apple.com/ng/album/fall-single/id1243164651?i=1243164657 The Video, by Sony Music Entertainment International Limited is also available on You Tube. The new song would be his first since he released the ... Read More »

Dammy Krane arrested for credit card fraud in U. S

  Nigerian singer Dammy Krane, whose real name is Oyindamola Emmanuel, has been allegedly arrested in Miami, U.S for credit card fraud. According to online reports, the singer who is currently based in the U.S, was booked on Friday. He is currently behind bars pending when he meets up with the bail requirements. According to details on his mugshot from ... Read More »

Olubadan: I can’t be intimidated, says Ajimobi

Oyo State Governor Abiola Ajimobi has said he will not be intimidated by anybody or group over his administration’s efforts to review the Olubadan chieftaincy system. He spoke while inaugurating the new Government Reserved Area (GRA) sited near the old NITEL premises on Old Ife Road, Ibadan. Two high chiefs, Lekan Balogun and Rashidi Ladoja, had sued the governor and ... Read More »

CHAPLAIN: Lagos CAN Backs Ambode, Says Sack In Order

  …Declares As Untrue, Unjust, Erroneous, Alleged Involvement Of Gov’s Wife …We’re Happy With CAN’s Intervention – African Church The Christian Association of Nigeria (CAN), Lagos State Chapter on Tuesday denied involvement of the wife of the State Governor, Mrs Bolanle Ambode in the sacking of former Presiding Chaplain of Chapel of Christ the Light, Alausa, Venerable Femi Taiwo, saying ... Read More »

Real Reasons sacked Lagos Chaplain, Femi Taiwo, was fired

The immediate past Presiding Chaplain of the Chapel of Christ the Light, Alausa, Lagos State, who was removed from his post allegedly on the orders of Governor Akinwunmi Ambode breached church protocols and had a longstanding disciplinary problems with the church, documents seen by PREMIUM TIMES have shown. Femi Taiwo, who was removed on May 15, was also ordered out ... Read More »

KSA, Obey, Olamide, Davido, Pasuma, Others To Perform

  The Lagos State Government on Friday said it has concluded plans to climax the Lagos@50 celebrations with a spectacular display of fireworks. The Government, in a statement signed by the Commissioner for Information and Strategy, Mr. Steve Ayorinde, said the fireworks would be on display at midnight of Sunday, May 28 on the water of Eko Atlantic. ”This is inform the public that ... Read More »

Three motorists gang-rape one-year-old in Katsina

The Katsina State Police Command has launched a manhunt for a three-man gang, which abducted a one-year-old baby from her mother, Suwaiba Ahmadu, and gang-raped her in the Danja Local Government Area of the state. Northern City News learnt Suwaiba was returning from Angwan Bawa area in the Danja LGA, when the suspects perpetrated the act. Our correspondent gathered that ... Read More »

Autopsy: Adeleke family angry with LAUTECH

The family of the late Senator Isiaka Adeleke has faulted a claim by a Chief Pathologist, Dr. Taiwo Solaja that the deceased’s family is not entitled to an autopsy report. In a statement, the deceased’s younger brother, Dr. Deji Adeleke, expressed the family’s dissatisfaction at the manner the autopsy report was handled by the pathologist and LAUTECH. He described the ... Read More »