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)
Home » NEWS (page 30)


Nigeria to get 200 new universities – NUC

The National Universities Commission (NUC), has disclosed that it is currently processing over 200 applications for new private universities in the country. The Executive Secretary of the Commission, Abubakar Rasheed, made this known in Abuja during a meeting with the federal universities’ bursars.  According to him, “the university system is growing and private universities including federal and state universities can ... Read More »

Reps read riot act to ministry over $200m foreign loans allocation

The House of Representatives Committee on Aids, Loans and Debt ManagementWednesday read the riot Acts to the Federal Ministry of Finance over its allocation of $200 million for foreign Loans requests from the State Governments. Members of the Hon.  Adeyinka Ajayi- headed Committee were livid that the Ministry insisted that the loan request had been pegged to $200 million in spite ... Read More »

President Osibanjo Appoints Prof. Bolaji Owasanoye As ICPC Chairman

Acting President Yemi Osinbajo has approved the redeployment of Ekpo Nta, chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC). Nta was redeployed to the National Salaries, Incomes and Wages Commission. Former President Goodluck Jonathan appointed Nta in 2012. In a statement on Tuesday, Bolaji Adebiyi, director of press in the office of the secretary of the government ... Read More »

Economy: Okonjo-Iweala denies criticising Buhari

A former Nigerian finance minister, Ngozi Okonjo-Iweala, has denied reports that she made scathing remarks against President Muhammadu Buhari. Mrs. Okonjo-Iweala made this disclaimer via a post on her Facebook wall on Tuesday. Reacting to the social media reports which alleged that she faulted the present administration, the ex-minister said the reports were false. “My attention has been drawn to a ... Read More »

Why we rejected Magu as EFCC Chairman – Saraki

The President of the Senate, Bukola Saraki, said contrary to insinuations, the Senate had no pre-meditated plan to reject Ibrahim Magu as chairman of the Economic and Financial Crimes Commission, EFCC. Mr. Saraki said, while featuring on the News Agency of Nigeria (NAN) Forum in Abuja, that the screening of Mr. Magu, which led to his rejection, was transparently done. ... Read More »

Osinbajo appoints new heads for ICPC, Wages Commission, others

The Acting President, Yemi Osinbajo, has appointed a new chairman for the anti-graft agency, ICPC. The new chairman is Bolaji Owasanoye, a professor. The new appointment was contained in a statement by the Office of the Secretary to the Government of the Federation. Mr. Osinbajo also appointed 12 others as members of the ICPC board while Musa Abubakar, a professor, ... Read More »

Robbery suspect nabbed in police bulletproof jacket

Police operatives attached to the Central Police Station, Aba in Abia State, have arrested a suspected armed robber identified as Obasi Chibuike, who allegedly wore a police bulletproof   jacket while extorting money from motorists on the highway. But the suspect said he picked the jacket from the roadside to cover his body from cold, while he was controlling traffic on ... Read More »

Osinbajo Opens Africa’s largest rice mill In Kebbi

The Federal Government’s diversification programme yesterday received a boost, with Acting President Yemi Osinbajo commissioning Africa’s largest parboiled rice mill in Argungu, Kebbi State. The over N10 billion state of the art WACOT Rice Mill, which is privately owned, is capable of processing over 120,000 metric tonnes of paddy rice annually. Speaking at the commissioning, Prof. Osinbajo said that the ... Read More »