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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BREAKING NEWS: Buhari Returns To Nigeria Today

President Muhammadu Buhari returns to the country later today, after receiving medical attention in London. The President had left the country on May 7, this year, after handing over power to Vice President Yemi Osinbajo, who has functioned as Acting President since then. In a Statement by Femi Adesina, the President’s Special Adviser Media, he said President Buhari is expected ... Read More »

IPOB withdraws threat to boycott Anambra election

The Indigenous People of Biafra (IPOB) has withdrawn its threat to stop the conduct of the November 18governorship election in Anambra State. The decision was reached after a meeting organised by a non-governmental organisation, the Ala-Igbo International Foundation with the leader of IPOB, Nnamdi Kanu in Owerri, the Imo State capital. Leader of the foundation, Uzodinma Nwala, told newsmen Friday evening: “After much ... Read More »

NADECO dissociates self from clampdown story, US confab

The National Democratic Coalition has dissociated itself from the opinions of some persons, who claim to be its representatives. NADECO specifically said in a statement signed by its General Secretary, Ayo Opadokun, that the two persons, Mr. Uyi Meshack and Dr. M. Miller, linked to a story in The PUNCH titled, “We chose US for our conference to avoid clampdown,” ... Read More »

Obasanjo: I’ll back honest leaders, young or old

Former President Olusegun Obasanjo Thursday promised to support any leader with integrity and zeal for service, no matter the person’s age or sex. Obasanjo said despite the failure of some of younger politicians he supported for appointments and political office after his presidency, he did not think older people should be excluded from leadership recruitment process. Although he lamented that his young ... Read More »

PDP to raise caretaker committees for Lagos, Ogun, Oyo, Osun

The Peoples Democratic Party has agreed to raise caretaker committee in Lagos, Ogun, Oyo and Osun states. The Ekiti State Governor, Mr. Ayodele Fayose, disclosed this on Wednesday at the opening of the South-West PDP Reconciliation Committee meeting in Ado Ekiti. He said the PDP was pursuing its policy of reconciling various aggrieved groups and members of the party, but would never ... Read More »

South Africa’s ruling party to discipline lawmakers who voted against Zuma

South Africa’s ruling party will discipline at least three of the 26 legislators, who voted against President Jacob Zuma on Aug. 7 no confidence vote in parliament, the broadcaster eNCA and other media reported on Tuesday. The African National Congress will not go on a “witch hunt’’ against all the legislators, who broke ranks, party Secretary General, Gwede Mantashe, said at ... Read More »

Anambra: UPP suspends Chidoka, others

The United Peoples Party, Anambra State chapter, on Tuesday suspended two governorship aspirants in the party, Osita Chidoka and  Mr Chudi Ofodile. Chidoka was a former Minister of Aviation while  Mr Chudi Ofodile was a member of the  House of Representatives. Also suspended were the National Treasurer of the party, Flint Obiekwe and the deputy national secretary,  Nwabueze Anyichie. They were suspended for ... Read More »

Edo lawmakers change speaker after free-for-all

Members of the Edo State House of Assembly yesterday sacked their Speaker, Justin Okonoboh, after a free-for-all. Chairs were thrown. Punches exchanged. Words traded. They chose Kabiru Adjoto as his replacement. Okonoboh emerged Speaker last year on July 25 after Elizabeth Ativie stepped down as Speaker to balance the power equation in the state. The removal of Okonoboh was dramatic ... Read More »

Fayose wrong to announce presidential ambition at convention, says pdp factional chairman

Factional Peoples Democratic Party (PDP) Chairman in Ekiti State, Chief Williams Ajayi, has faulted Governor Ayo Fayose for announcing his presidential ambition at the non-elective National Convention held on Saturday in Abuja. Ajayi said Fayose’s declaration of a presidential ambition was at variance with the party’s position that the presidential ticket has been zoned to the North while vice presidential ... Read More »