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)

Dangote commences construction of concrete roads in states

Aliko Dangote Dangote Industries Limited has announced the commencement of the construction of concrete roads in various states across the country, particularly in Lagos, Bauchi,...

Sterling Bank increases On-line Micro Credit to N10,000

Following the success of the Social Lender Scheme introduced last year and the impressive response from the beneficiaries; the members of the on-line community,...

Legendary Estate Firm, CMB drags foreign partners for affordable housing projects

One of Nigeria’s leading real estate companies, CMB Building Maintenance and Investment has concluded a record breaking mutually beneficial transactional agreement by inviting a...

BOI explains EFCC investigations over management of Cement

•       Fund has grown from N9b to N13.2b in five years   The Bank of Industry (BoI) yesterday explained that the investigations by the...

DMO’s new strategy: A breath of fresh air, By Abdulwahab Isa

The new debt management strategy policy (2016-2019) of the Debt Management Office (DMO) is a clear departure from the past. The new debt guideline...

MTN Foundation breast cancer screening initiative holds in Enugu

In a drive to create renewed awareness about Breast Cancer, MTN Foundation (MTNF), the corporate social investment vehicle of MTN Nigeria, has taken its...

Fidelity Bank Q3 gross earnings grow to N106.6bn

Fidelity Bank Plc, one of Nigeria’s most capitalized financial institutions has released its third quarter result for the period ended September 30, 2015 posting...

Fidelity Bank targets better customer service with new app upgrade

    Determined to provide cutting-edge, round-the-clock banking services to its teeming customers, Fidelity Bank Plc, one of Nigeria’s highly diversified financial services providers has announced...

Is Nigeria’s external debt of Investment grade? By Abraham Nwankwo

As Nigeria reforms, restructures and strategizes towards pulling back the economy unto a path of inclusive and sustainable growth, it is useful to pay...

FirstBank Lagos Amateur Golf Open championship tees-off

Nigeria’s most valuable bank brand, First Bank of Nigeria Limited has announced that it is set to host this year’s edition of the Lagos...

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