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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Fuel scarcity hits Osun

Fuel scarcity has hit Osun State, crippling business activities in the state in the past few days, the News Agency of Nigeria  reports. Attendants at some filling stations in Osogbo blamed the scarcity on what they described as a subtle protest by petroleum marketers, who were anticipating a downward review of the pump price of fuel. A source familiar with ... Read More »

(UPDATED) BREAKING NEWS: Diepreye Alamieyeseigha dies at the age of 63

Former Governor of Bayelsa State, Diepreye Alamieyeseigha, is dead. The former Bayelsa Governor was said to have gone into a state of shock on Wednesday after receiving news of his extradition notice from the Metropolitan Police, UK. Alamieyeseigha died at the University of Port Harcourt Teaching Hospital a few hours ago. He died of cardiac arrest at the age of 63. ... Read More »

Ayorinde clarifies Ambode’s statement on N3b monthly saving

Lagos commissioner-designate, Steve Ayorinde, has responded to criticism of Governor Akinwunmi Ambode’s statement that his administration has saved N3billion monthly through financial re-engineering. Mr Ambode made the statement while addressing thousands of residents, party chieftains, traditional rulers and top government officials at the Abesan Mini Stadium at the maiden edition of the quarterly Town Hall Meeting. Critics of the governor ... Read More »

Military begins onslaught against criminal activities in Ikorodu

…Okada, Tricycle Operations Banned …Police Allays Fears Of Residents Lagos State Government on Saturday explained the heavy presence of security operatives in Ikorodu and its environs, saying the onslaught is part of efforts to liberate residents from hoodlums, pipeline vandals and other undesirable elements that have continued to make the ancient town the base of their nefarious activities. Briefing journalists ... Read More »

Lagos LG boss reverses retrenchment of council workers

…Says Gov Did Not Influence Council Decision The Executive Secretary, Apapa/Iganmu Local Council Development Area, Mrs Olufunmilayo Mohammed has reversed the decision to retrench some members of staff of the council saying there was no such directive from the State Governor, Mr. Akinwunmi Ambode to relieve the affected staff from duty as maliciously reported in some quarters. According to the ... Read More »

Federal Government targets 30,000 youths through agric

As part of its commitment to the promotion of decent income generation and livelihood for Nigerian Youth, the Federal Government, through the Youth Employment in AgricultureProgramme (YEAP), has commenced the empowerment of 30,000 youths in area-based priority value chains. The Permanent Secretary, Federal Ministry of Agriculture and Rural Development,  Sonny Echono, made this known, during a meeting with stakeholders in ... Read More »

Falae: Yoruba elders warn Fulani herdsmen to leave Southwest

Yoruba elders yesterday called for an end to the activities of Fulani herdsmen in the Southwest, following the abduction of the former Secretary to the Government of the Federation, Chief OluFalae, on his farm in Ilado, Akure, Ondo State. They made their position known in a communiqué at the end of an emergency summit at the Parliament Building of the ... Read More »

ICPC gets anti-graft unit

In the spirit of Change agenda of the present administration, the Independent Corrupt Practices and other Related Offences Commission (ICPC), on Thursday inaugurated and inducted members of the National Planning Commission Anti- Corruption Transparency and Monitoring Unit (ACTU) in Abuja. The ACTU is an establishment of the office of the Head of the Civil Service of the Federation in collaboration ... Read More »

Alison-Madueke’s family breaks silence, threatens to deal with ex-minister’s critics

Embattled former Petroleum Minister, Diezani Alison-Madueke, who is being investigated by the National Crime Agency (NCA) of the UK for money laundering and corruption-related offences, has cancer and has been receiving treatment in London, her family has revealed. PREMIUM TIMES had exclusively reported that MrsAlison-Madueke was arrested last Friday in London, alongside four other people. She was later released on ... Read More »

Diezani in UK to treat cancer – Lawyer

The lawyer of the embattled former petroleum minister, Diezani Alison-Madueke, has revealed that the former minister traveled to the United Kingdom to treat cancer. Oscar Onwudiwe said in a statement that the former minister, who was arrested last week in London on corruption-related offences, began the treatment for cancer in the UK while she was in office. Onwudiwe, who did ... Read More »