Sunday, November 19, 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)

CBN injects $364 m into Inter-Bank Forex Market

…Retail SMIs get $264.1m; …Wholesale window receives $100m offer; …Eases payment for Port charges to NPA, NIMASA   ABUJA – The Central Bank of Nigeria (CBN) on Tuesday,...

FirstBank appoints Tosin Adewuyi as Group Executive Director

First Bank of Nigeria Limited, Nigeria’s most valuable banking brand and foremost financial institution, has announced the appointment of Mr. Tosin Adewuyi as a...

FEC approves refinancing of domestic debts through external borrowing

The Federal Executive Council has approved the refinancing of part of the country’s domestic debt through external borrowing. Minister of Finance, Mrs. Kemi Adeosun, who...

FG Offers Monthly Savings Bond At 13.535%, 14.535% for Retail Investors

The Federal Government has offered for subscription two-year and three-year Savings Bonds to investors at 13.535 per cent and 14.535 per cent, respectively from...

Expert tells Skye Bank: Battling ex-board members will set you back

A former management staff of First Bank plc who recently retired from the leading bank has urged the management of Syke Bank led by...

Keystone Bank launches *533# convenient banking platform

In keeping with its promise to make financial services easy and accessible to its teeming customers, Keystone Bank Limited on Monday July 31, 2017...

Inter-Bank Forex Market gets $462m CBN boost

   Retail SMIs get $267.3 m; …Wholesale window receives $100m offer; ...SMEs get $50m allocation; …BTA, Tuition others get $45m  In line with its commitment to sustain...

CBN Communiqué No 114 of the Monetary Policy Committee meeting of 24th and 25th...

Background The Monetary Policy Committee met on the 24th and 25th of July 2017, against the backdrop of a relatively improving global economy. However, protectionism...

CBN injects $195m into Forex market ahead of MPC decisions

…Offers $100m to Wholesale segment; …SMEs window receives $50m boost; …BTA, others get $45m   Ahead of the decisions of the Monetary Policy Committee (MPC) on Tuesday,...

TSA: No hidden funds in Keystone Bank -Management

Keystone Bank Limited has denied concealing funds meant to be transferred into the Federal Government’s Treasury Single Account. The Federal High Court in Lagos had...

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