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)

FirstBank: Devoted to the development of trade and finance in West Africa

… Sponsors the GTR West Africa Trade & Finance Conference 2018. First Bank of Nigeria Limited and its subsidiary, FBN Bank UK Limited are sponsoring...

Forex: Retail SMIs get $304.4m

The Central Bank of Nigeria (CBN) has intervened in the Retail Secondary Market Intervention Sales (SMIS) of the inter-bank Foreign Exchange Market to the...

Elumelu seeks more International multilateral organisations’ support to boost entrepreneurship in Africa

The Chairman, United Bank for Africa (UBA) Plc, and Founder, Tony Elumelu Foundation (TEF), Mr. Tony Elumelu, has stressed the need for global organisations...

TSA: No hidden government funds in our custody – Keystone Bank

Keystone Bank Limited has denied having in its custody any illegally hidden money belonging to the Federal Government of Nigeria or any of its...

CBN boosts Forex Market with $210m

The Central Bank of Nigeria (CBN) has boosted the inter-bank Foreign Exchange Market with the sum of $210million, to meet customers’ requests in various...

Emefiele allays fears over MPC, Says Economy remains strong

The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele has stepped in to douse fears over to the inability of the Central Bank...

DMO releases FGN Bond Issuance calendar for Q1, 2018

The Debt Management Office released the FGN Bond Issuance Calendar for Q1, 2018 on Wednesday. According to the DMO, the Calendar is intended to...

Access Bank approves Paternity Leave for male employees

Starting January 2018, male employees of Access Bank Plc can take advantage of an enhanced parental leave policy that extends paid benefits to all mothers...

FG releases N1.2trn for Capital Projects In 6 months

The Federal Government has released a total N1.2 trillion to Ministries, Departments and Agencies (MDAs) of government for implementation of capital projects contained in...

Alheri Engineering denies owing FG N27.2bn over Fibre optic agreement

Management of Alheri Engineering Company Limited has vehemently denied owing Federal Government the sum of $75,500,000.00 million (about N27.18billion at N360 to $1) over fibre...

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