Sunday, March 26, 2017

Market Update

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)

Bank of Agriculture sick, to be restructured -FG

The Federal Government on Tuesday says it will restructure the Bank of Agriculture to support the diversification programme of the present administration. The Minister of...

All you need to know about the FGN Savings Bond

The Debt Management Office, on behalf of the Federal Government of Nigeria invites all Nigerians to invest in the FGN Savings Bond, a retail...

Again, CBN pumps $170m into FX Market

In a bid to sustain the tempo of foreign exchange (FX) supply to the interbank FX market and ensure improved dollar liquidity, the Central...

FGN Savings Bond: Promoting savings culture

By Amarachi Eshigu It’s very much unlikely that there is an adult person, man or woman, who has never borrowed money at one time or...

GT Bank declares N165.14 billion profit in 2016

Guaranty Trust Bank on Wednesday posted a profit before tax of N165.14 billion for the financial year ended December 31, 2016. The profit represented a...

UBA, Orange Group partner on Innovative Payment System, Orange Money

Pan-African financial services group, United Bank for Africa Plc (“UBA”) and leading European and African telecom operator, Orange have announced a strategic partnership to deliver innovative financial services across Africa, with an agreement to jointly collaborate on the promotion of Orange...

Sahara Energy, Oando, NNPC MDs in trouble over $1bn Petrol diversion scam

The House of Representatives committee on review of petrol pricing has summoned the Managing Directors of Oando Oil, Mr. Adewale Tinubu, Sahara Energy, Mr....

Fidelity Bank holds customer fora, reiterates support for SMEs

Fidelity Bank Plc. has pledged commitment to help Small and Medium Scale Enterprises (SME) in Nigeria particularly, the South East grow the zones economy....

Dangote Foundation spends N200m to rehabilitate Kano Specialist Hospital

To complement its N7 billion Surgical and Diagnostic Centre (SDC) currently under construction, the Dangote Foundation has concluded the renovations of some sections of...

SON impounds N5bn substandard Tyres, seals Lagos Warehouse

The ongoing sanitisation efforts of the Standards Organisation of Nigeria (SON) has recorded a huge success with the unravelling and sealing in Lagos, on...

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