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)

DMO raises N106bn through FGN Bond Auction

The Debt Management Office (DMO) yesterday raised N106 billion through the Federal Government of Nigeria (FGN) Bonds. The funds raised will support the implementation...

Oniha: New era begins at DMO

By Abimbola Johnson The economy of Nigeria is set to be exposed to a fresh chapter of growth and development that will be as challenging...

ntel makes a splash in Port Harcourt with ‘ntel NOVA 4G/LTE’ phone

ntel took over the Port Harcourt mall on Thursday July 13, 2017 with the formal launch of its bespoke ntel NOVA phone, the lowest...

FEC Approves Payment of N2.7tn Owed Contractors, Pensioners

The Federal Executive Council (FEC) wednesday put in motion the machinery for the payment of N2.7 trillion owed contractors, pensioners and state governments by...

Nigeria is broke, says Finance Minister

The Federal Government has declared that the 2017 budget is too small and could barely pay for workers’ salaries due to paucity of funds,...

BoI to Inject N1tn into Economy

The Bank of Industry (BOI) plans to inject N1trillion into the Nigerian economy through collaboration with financial institutions in the country and development institutions...

ntel NOVA 4G/LTE phone berths in Abuja

ntel, Nigeria’s first 4G/LTE-Advanced network has taken the  ntel NOVA gospel to Abuja, the federal capital territory. The company, which is presently prosecuting a road...

Our staff is not involved in N150m fraud – Heritage Bank

Our attention has been brought to the report published by an online news blog, Per Second News, in which it was purported that ‘three...

Environmental makeover: Sterling Bank, DAAR Communication sign pact

Leading commercial bank, Sterling Bank Plc and media broadcast corporation, DAAR Communication Plc, owners of Ray Power FM and AIT Television, have announced a strategic partnership...

FirstBank appoints Abdullahi Ibrahim as Executive Director

First Bank of Nigeria Limited, Nigeria’s most valuable banking brand and foremost financial institution, today announced the appointment of Mr. Abdullahi Ibrahim as an...

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