Wednesday, July 26, 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)

CBN Communiqué No 114 of the Monetary Policy Committee meeting of 24th and 25th...

Background The Monetary Policy Committee met on the 24th and 25th of July 2017, against the backdrop of a relatively improving global economy. However, protectionism...

CBN injects $195m into Forex market ahead of MPC decisions

…Offers $100m to Wholesale segment; …SMEs window receives $50m boost; …BTA, others get $45m   Ahead of the decisions of the Monetary Policy Committee (MPC) on Tuesday,...

TSA: No hidden funds in Keystone Bank -Management

Keystone Bank Limited has denied concealing funds meant to be transferred into the Federal Government’s Treasury Single Account. The Federal High Court in Lagos had...

Apapa Fire Incident: Sterling Bank reacts, assures customers of safety

Sterling Bank Plc has reacted to a fire incident that occurred on Wednesday July 19, 2017 at its Lagos – Apapa branch located on...

CBN invests N475bn on Commercial Agricultural Credit Scheme

The Central Bank of Nigeria (CBN) has so far disbursed N473bn under its intervention scheme, Commercial Agricultural Credit Scheme. The Deputy Governor of the bank,...

Access Bank wins Karlsruhe Sustainability Award for 2nd consecutive year

Access Bank Plc has just scored a rare repeat performance at the 2017 Karlsruhe Sustainable Finance Awards in Germany by receiving the “Outstanding Business...

Forex: CBN boosts supply with $195m

The Central Bank of Nigeria (CBN), in continuation of its FOREX supply drive, on Monday, July 17, 2017, intervened in the inter-bank Foreign Exchange...

Access Bank Group/UNICEF Initiative: 10 years commitment to Africa

Access Bank Group, along with 5th Chukker, The Access Bank UK and Access Private Bank hosted the 10th annual ‘Access Bank Polo Day’ at...

Transcorp Hilton Abuja celebrates 30 year anniversary

The award winning Transcorp Hilton Abuja hotel in Nigeria is celebrating its 30th anniversary this year, having officially opened its door to its first guest...

Ifeanyi Uba clears air on $8.493m, N11bn owed by NNPC

Ifeanyi Uba, Managing Director of Capital Oil on Thursday formally cleared air on the alleged N11 billion owed by Nigerian National Petroleum Corporation (NNPC) as well...

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