Saturday, April 29, 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)

FBN Merchant Bank teaches students good saving and investing habits

In line with the commitment to promote financial literacy and encourage a strong savings culture among children, FBN Merchant Bank Limited, a subsidiary of the...

First Bank of Nigeria: Building sustainable communities

First Bank of Nigeria Limited, Nigeria’s Most Valuable Bank Brand, is known to be the leading financial services provider to stakeholders with varying social...

Unity Bank Plc declares PAT of N2.1Billion, grows gross earnings by 7% to N84Billion

Grow customer deposits by 14% to N264Billion Unity Bank Plc has released its audited financial results for the year ended December 31, 2016, to the...

DMO to raise N460bn in 2nd quarter

The Debt Management Office, DMO, yesterday, announced plans to raise N460 billion through Federal Government bonds offer in the second quarter of the year....

UBA promotes 3,000 staff

The United Bank for Africa (UBA) on Tuesday announced the promotion of 3,000 staff members, which it said was a reinforcement of its commitment to...

N175m Debt: Pharma-Deko wants Guinness’ Chairman, CEO jailed

•As SEC Suspends Guinness' N40bn Right Issue. Pharma-Deko Plc, today ,  informed a Federal High Court,sitting in Lagos,south west Nigeria that it has filed an...

Deposits in SunTrust Bank grows by 432% to N4.2bn

As a sigh of absolute confidence in the Management of the technology-driven new bank; SunTrust Bank, its customers increased deposits in the bank by...

CBN vows to sustain Forex liquidity

The Central Bank of Nigeria (CBN) yesterday reiterated its determination to sustain the provision of foreign exchange with a view to ensuring liquidity in...

Dangote Sugar posts N14.4bn profit

Dangote Sugar Plc has announced a profit after tax of N14.4 billion for the financial year ended Dec. 31, 2016, representing an increase of...

Transcorp will light up Nigeria -Elumelu

At the 11th Annual General Meeting of Transnational Corporation of Nigeria Plc(“Transcorp”), the Board ofDirectors confirmed their confidence in Transcorp’s growth trajectory and affirmed the Company’s commitment to increasing yield and returns to shareholders,...

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