Tuesday, February 28, 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)

BUA Group subsidiary, CCNN, nears completion of new $300million cement plant

… discovers coal in commercial quantities in Sokoto State Nigerian industrial giant, BUA Group’s cement subsidiary in Sokoto state, CCNN (also known as Sokoto Cement)...

Sonia Foods set to become market leader in Tomato production

… Expands production line Sonia Foods Industries Limited, a wholly owned Nigerian company and manufacturer of Sonia Tomato Paste is making major improvements to its...

Access Bank get Shareholders approval to raise N100 Billion fresh capital, 30 Kobo final...

  Shareholders of Nigeria’s top tier lender, Access Bank Plc on Wednesday at its 27th Annual General Meeting (AGM) approved the 30 kobo per share...

Diamond Bank listed In top three most customer focused banks In Nigeria

In a recent poll conducted by leading advisory and consultancy firm, KPMG, Diamond Bank was ranked as one of the top three most customer-focused banks...

Dangote Rice hits market soon, commences first harvests

The much expected Dangote Rice is billed to hit the market very soon as the Management has commenced the harvest of its first tranche. Sources...

First Bank appoints Olusegun Alebiosu as Chief Risk Officer

First Bank of Nigeria Limited, Nigeria’s most valuable banking brand and foremost financial institution, today announced the appointment of Mr. Olusegun Alebiosu as its...

Ogun students win 2016 Cowbellpedia Competition In a thrilling final ‘battle’

It was a mixture of excitement and celebration as the 2016 Cowbellpedia Mathematics Competition came to a glorious end last weekend with Juliet Ekoko...

$2bn Loan: Fayose writes Chinese Govt, seeks loan’s stoppage

Ekiti State Governor, Mr Ayodele Fayose has written to the Chinese government, seeking the stoppage of the $2 billion loan being sought by the...

ntel unveils 2 for 3 promo, delights subscribers with unlimited data

  promises to unveil more 4G/LTE devices Port Harcourt to launch soon NatCom Development and Investment Company “NatCom” (trading as ntel) has unveiled a two for three...

Winners emerge in UBA NEC competition, as GMD extols values of reading

Managing Director, UBA Foundation, Ms. Ijeoma Aso, GMD/CEO, UBA Plc, Mr. Phillips Oduoza and DMD, UBA Plc, Mr. Kennedy Uzoka with the winners of...

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