Saturday, April 29, 2017

Market Update

AUGUST 5, 2016 NIGERIA STOCK EXCHANGE (Market Closed) SUMMARY:
All Share Index 27,425.86 Deals 3,307.00 Volume 120,844,281.00 Value
1,266,148,294.61 Market Cap 9,419,396,741,530.39 TOP GAINERSTOTAL 242.02 (19.42)
 MOBIL 178.6 (8.5) FLOURMILL 21.98 (1.98) INTBREW
19 (0.62) OANDO 5.88 (0.34) TOP LOSERSSEPLAT 242.6 (-12.76) 
7UP 120.2 (-6.15) DANGCEM 180 (-3) NB 133.03 (-1.97)
 CONOIL 23.96 (-1.26) CBN EXCHANGE RATE(NGN)Buying:$USD 310 £GBP 406.6749 EURO 345.929
 SWISS FRANC 318.5695 YEN 3.0672 Selling:$USD 311
 £GBP 407.991 EURO 347.0449 SWISS FRANC 319.5972 YEN 3.0771 CNBC COMMODITY PRICES (USD)
Crude Oil (Bonny light) 40.8 Natural Gas 2.773 (-0.061) Gold 1344.70 (22.70) 
Silver 19.81 (-0.633) Copper 2.1575 (-0.0165) Wheat 416.50 (13.25) 
Coffee 142.95 (0.85) Cotton 76.42 (0.59) Cocoa 3024.00 (33.00)

Access Bank posts N26bn profit after tax in Q1

Access Bank Plc has reported an impressive first quarter profits raising hopes among investors about the Bank’s determination to be the world’s most respected...

We did not sack 650 staff -Sterling Bank

Contrary to report making the round, Sterling Bank Plc, has said that it did not sack 650 staff but only returned them to service...

Q1 2017: GTBank releases Profit before Tax of ₦50.39Billion

Guaranty Trust Bank plc has released its unaudited financial results for the quarter ended March 31, 2017 to the Nigerian and London Stock Exchanges. A...

Dangote’s new Pasta products hit the market

…to compete with rice consumption     In a major strategic move to grow its market equity in Africa, Dangote Flour has unveiled new improved pasta products...

Unity Bank commiserates with accident victims at its head office

Unity Bank has announced an accident involving staff of outsourced Facility Management Company carrying out maintenance services on the Bank’s building. The incident happened...

FirstBank Stimulates Economic diversification through support for the Nigerian Creative Industry

First Bank of Nigeria Limited under the auspices of its First@arts initiative has thrown its weight behind the Nigeria Entertainment Conference 2017, as part...

Customer battles Stanbic IBTC Bank over breach of contract

An aggrieved customer of Stanbic IBTC Bank Plc, Infinity Snacks and Beverages Limited, has dragged the bank before a Federal high court in Lagos South...

UBA: Outperforming

United Bank for Africa (UBA) Plc is on the top list of companies with well-rounded performance. UBA’s top-of-the-chart performance at the stock market combines...

BREAKING: Buhari suspends SGF, NIA DG

President Muhammadu Buhari has caved in to pressure from the Nigerian Senate to suspend the Secretary to the Government of the Federation, SGF, Babachir...

UPDATED: Tragedy averted as Aero Flight Cabin fills with smoke (VIDEO)

A major tragedy was averted on Tuesday evening, April 18, 2017 when something went wrong on an Aero Flight from Port Harcourt to Lagos...

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