MARKET UPDATE
DECEMBER 13, 2017NIGERIA STOCK EXCHANGE (Market Open) SUMMARY:All Share 38,924.63Index Deals 5,090.00Volume 462,670,462.00Value 26,809,668,795.05Market Cap 13,556,208,867,933.03TOP GAINERSGUINESS 92.7 (94.05)DANGSUGAR 20.69 (21.5)NASCON 18.74 (19.5)UBN 7.19 (7.91)BERGER 7.35 (7.71)TOP LOSERSMOBIL 174.96 (168.5)INTBREW 56.62 (54.98)PZ 23 (22.1)ETI 17.97 (17.26)STANBIC 42 (41.5)Buying:USD 305.35GBP 408.4362 EURO 358.4504SWISS FRANC 308.1853 YEN 2.7418 Selling:USD 306.35GBP 409.7738EURO 359.6243SWISS FRANC 309.1946YEN 2.7507CNBC COMMODITY PRICES (USD)Crude Oil (Bonny light) $63.53Natural Gas 2.715 (-0.113)Gold 1238.90 (-8.00) Silver 15.665 (-0.12)Copper 3.0095 (-0.002)Wheat 412.75 (-0.75)Coffee 119.20 (-0.80)Cotton 74.14 (1.14)Cocoa 1875.00 (-37.00) 
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PDP chairmanship: Jonathan, Wike fall apart over Secondus

Ahead of the make or break convention of the Peoples Democratic Party (PDP) on December 9, former President Goodluck Jonathan and Governor Nyesom Wike of Rivers State are at daggers drawn over Prince Uche Secondus’ bid to become the party’s national chairman. Jonathan, our correspondent gathered, is mobilising serious opposition against Secondus, a frontline chairmanship aspirant in the party who ... Read More »

Ambode mourns death of first vice president, Ekwueme

…Says A Great Son Of Nigeria Has Gone Home Lagos State Governor, Mr. Akinwunmi Ambode on Monday expressed sadness over the demise of the first Vice President of Nigeria and elder statesman, Dr. Alex Ekwueme. Ekwueme, who was the first elected Vice-President of Nigeria in office from 1979 to 1983 died in a London Hospital at the age of 85 ... Read More »

FIFA announces pots for 2018 World Cup draw

The world football governing body, FIFA, has announced the pots for the 2018 World Cup. The announcement was made on its website on Thursday. Nigeria is placed in Pot 4, which means Nigeria will not play any of the countries in that pot. Those countries are Serbia, Australia, Japan, Morocco, Panama, Korea Republic, Saudi Arabia. Pot 1 has Russia, Germany, Brazil, ... Read More »

Betty Akeredolu set to Launch Forum for Wives of Ondo State Officials (FOWOSO)

The wife of the Ondo State Governor, Arabinrin Betty Anyanwu-Akeredolu has again charged members of the Forum for Wives Of Ondo State Officials (FOWOSO) on the need to do their best in order to ensure that the impact of governance is felt at the rural areas. Speaking at the meeting held at the Banquet Hall of the Government House, Akure, Mrs. ... Read More »

Rehlat – The Emerging Player that has changed the Path of Middle East’s Travel Industry

With the Middle East leading, the region being young, with 40% of its population under the age of 25, the travel industry in the sector finds itself at the helm of a change which is both generational and demographic driven DUBAI, United Arab Emirates, October 26, 2017/ — The United Nations has officially pronounced 2017 as the International Year of Sustainable ... Read More »

Stylish design and modern functionality are the hallmarks of today’s kitchens

Essence and Concetto from GROHE are two new professional-style faucets, which combine an attractive design with ease of use for a unique level of comfort and convenience Also available in French LAGOS, Nigeria, October 26, 2017/ — Grohe’s New Essence and Concetto Professional faucets meet the standards of today’s amateur and professional chefs. The latest GROHE EasyDock M and GrohFlexx technologies ... Read More »

NNPC: Agbakoba sues FG for discriminating against South-East

Prominent Igbo lawyer, Dr. Olisa Agbakoba (SAN), has sued the Federal Government for allegedly discriminating against the South-East geopolitical zone in its July 5, 2016 appointment into the Board of the Nigerian National Petroleum Corporation. Agbakoba, in the suit filed before the Federal High Court in Abuja, said the Federal Government, on July 5, 2016, appointed nine persons into the ... Read More »

WORK TO ENHANCE CONFIDENCE IN LEGAL SYSTEM, AMBODE TELLS JUDGES, LAWYERS

Declares 2017/2018 Golden Jubilee New Legal Year Open …We’ll No Longer Tolerate Frivolous Adjournments, Acting CJ Vows Lagos State Governor, Mr Akinwunmi Ambode on Monday urged judges and lawyers to embrace transparency and accountability in the administration of justice in the State with a view to enhancing confidence in the legal system. Governor Ambode, who spoke at a service held at the ... Read More »

Sonangol and oil operators meet President of Angola

The meeting follows a statement issued by the operators to the President of the Executive, who have identified several matters related to their investment strategies and operations in Angola LUANDA, Angola, October 9, 2017/ — Sonangol EP (www.Sonangol.co.ao), along with several oil operators, attended a meeting today convened by the President of Angola, João Lourenço. The meeting follows a statement issued ... Read More »