Sunday, March 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)

Transcorp Power positively Impacts host community

On the 13th of March 2017, Transcorp Power Limited commissioned a 115MW gas turbine to much fanfare. This commissioning is one of three milestones...

I’ll continue to fight corruption at NPA – Hadiza Usman

The Managing Director of the  Nigerian Ports Authority (NPA), Hajiya Hadiza Bala Usman, has vowed that she will not bow to any undue pressure...

Tony Elumelu Foundation announces 1,000 successful applicants out of 93,000

The Tony Elumelu Foundation (TEF), an African founded and funded 21st century philanthropic organization committed to entrepreneurship development, ushers in an additional 1,000 African entrepreneurs. Applications were...

Fidelity Bank lends a helping hand to students

Fidelity Bank Plc, in its bid to strengthen educational development and enhance the health and wellbeing of students through physical recreational activities, has donated...

DMO and strategy for economic recovery

-By Olu, Isaac Perhaps at no time in the history of Nigeria has the federal government come under such intense pressure to deliver on the...

FBN Holdings Chairman leads conversation at the Africa CEO Forum 2017

First Bank of Nigeria Limited, the FBNHoldings flagship subsidiary and Nigeria’s most valuable bank brand has partnered with the Group Jeune Afrique and Rainbow...

Finally, AMCON sells Keystone Bank

The Asset Management Corporation of Nigeria (AMCON) on Monday announced Sigma Golf Nigeria Limited and Riverbank Investment Resources Limited (the Sigma Golf-Riverbank consortium) as...

Total Nigeria in $9m petrol diversion scam

Total Nigeria Plc has been fingered in a multi-billion-naira products diversion scam. The oil company is also being queried over a N2.1billion indebtedness to the...

Elumelu speaks on Africapitalism to youths at Ghana’s leading institution

Tony Elumelu visited Ghana as the first stop of his UBA tour of Africa, propagating the ideal of Africapitalism.  In continuation of his strategic...

Keystone Bank backs SMEs with free online training

Keystone Bank Limited has introduced a live and interactive online business clinic for female small and medium enterprises owners in the country. The programme, which...

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