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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NEWS

Suicide bombers kill 17, injure 82 in Borno attack

No fewer than 45 of 82 victims of Tuesday’s market suicide bomb attack in Konduga, Borno State, have been transferred from the General Hospital, Konduga to the State Specialist Hospital, Maiduguri, authorities have said. A doctor at the general hospital, who did not want his name disclosed, told the News Agency of Nigeria on Wednesday that 17 people were brought in dead. ... Read More »

Trump sacks Nigeria’s Ogunlesi as adviser

Nigerian born international CEO, Adebayo Ogunlesi has now ceased to be an adviser to embattled US President Donald Trump. Trump sacked him today along with other distinguished CEOs counselling him via two councils on how to “Make America Great Again”. Trump sacked Ogunlesi on Twitter, when  he announced the dissolution of two business advisory councils, in one fell swoop. Ogunlesi ... Read More »

Presidency reacts to attack on Charly Boy, others

The Presidency on Wednesday reacted to the protests that rocked Wuse market in Abuja describing it as ‘ethnicised’ and selfish. It also criticised the #ResumeOrResign group led by Charles Oputa, popularly called Charly Boy, for taking the protests to a sensitive spot like the Wuse market. The protesters were attacked by persons believed to be supporters of President Muhammadu Buhari leading to ... Read More »

Promasidor Wins MAN “Best Kept Industrial Premises Award”

Promasidor Nigeria Limited, makers of Cowbell milk, Loya milk, Top tea and Onga food seasoning, has been bequeathed with the “Best Kept Industrial Premises Award” by the Ikeja branch of the Manufacturers Association of Nigeria (MAN).   The Award, under MAN’s Total Compliance Inspection Competition initiative, is aimed at encouraging members’ adherence to environmental regulations and standards, and to also improve ... Read More »

Int’l youth day: Ambode’s wife empowers youths with entrepreneurial skills

As part of its activities to mark the 2017 International Youth Day, Hope for Women in Nigeria Initiative (HOFOWEM), a pet project of wife of the Lagos State Governor, Mrs. Bolanle Ambode on Wednesday commenced a two-day entrepreneurial training programme, at its Oregun office for youths in Lagos State, aged from 15 to 34 years. The programme, which thoroughly examined entrepreneurship education, ... Read More »

Akeredolu Inaugurates BRECAN, seeks Joint Support for Breast Cancer Victims

The wife of the Ondo State Governor, Mrs. Betty Anyanwu-Akeredolu today charged government, stakeholders and the society at large on the need to provide the needed support system to save more breast cancer patient across the country. Speaking with journalists at a Press Conference organized by the Breast Cancer Association of Nigeria (BRECAN), Lagos Chapter ahead of its official launch ... Read More »

Gun men attack EFCC Abuja office

‎ Unidentified gunmen early on Wednesday struck at the office of the Economic and Financial Crimes Commission, located at Wuse Zone 7, Abuja. The group of heavily armed men invaded the office at about 05.00 hours and shot into the premises, damaging vehicles parked in the premises, the commission’s spokesperson, Wilson Uwujaren, said. However, the attack was repelled by guards ... Read More »

Pastor Adeboye At Book Launch, kisses, lauds wife

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, created a scene at the Youth Centre of the Redemption Camp, Lagos-Ibadan Expressway, on Tuesday, when he kissed his wife, Folu Adeboye, on the stage during a book presentation in his honour. Adeboye, who expressed surprise at the occasion, said he would have stopped the project if ... Read More »

Police save Charly Boy from mob

Entertainer Charles Oputa, popularly known as Charly Boy, was on Tuesday rescued by the police at the Wuse market in Abuja but his BMW car was damaged by irate youths. Charly Boy who has been leading a group to demand for the return of President Muhammadu Buhari from London or resign was attacked by youths when he took his anti-Buhari ... Read More »

Grace Mugabe dodges S/African police, back in

Zimbabwe’s first lady, Grace Mugabe, has returned to Harare from South Africa after failing to surrender  herself  to police in Johannesburg to face charges of assaulting a 20 year-old model in a Sandton hotel room. There was no immediate public comment on the case from Grace, 52, a possible successor to her husband President Robert Mugabe, 93, who has ruled ... Read More »