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)

SEC D-G, Mounir Gwarzo in trouble, accused of fraud

Mounir Gwarzo, director-general of the Securities and Exchange Commission (SEC), allegedly got a severance package of N104 million from the same commission shortly after...

APC chieftain, Sen. Osita Izunaso in property grabbing mess

A top chieftain of the All Progressive Congress, APC and former senator representing Imo West in the National Assembly, Senator Osita Izunaso is currently...

The role of Visionscape In ‘Cleaner Lagos Initiative’, ….What you need to know

There has been a raging controversy over the involvement of Visionscape, Africa's leading environmental utility group, in the Cleaner Lagos Initiative. From the compelling...

Entrenched interests launch campaign against Nitel acquisition

The recent media onslaught against the former Chairman of Skye Bank, Mr Tunde Ayeni is targeted at frustrating the acquisition of Nitel and to...

NHIS Controversy: Coalition urges EFCC to step in

Coalition of Civil Society Against Corruption on Thursday urged the Economic and Financial Crime Commission, EFCC, to up their game by wading into the...

Oil mogul, Tunde Folawiyo’s firm & Ascon Oil in alleged $270m Forex Scam

The House of Representatives ad-hoc committee on Review of Pump Price of Premium Motor Spirit (PMS) has allegedly uncovered a $270million forex exchange diversion...

Armsgate: Skye Bank, FCMB linked to N22.8 bn money laundering scandal

A detective with the Economic and Financial Crimes Commission (EFCC), Mr. Tosin Owobo, on Tuesday, told a Federal High Court, Lagos, how three ex-Airforce Chiefs,...

Contempt: Diamond bank, Shell directors in trouble

A Federal high court sitting in Lagos south west Nigeria has granted Unity bank PLC judicial authority to commence, issue and serve committal proceedings...

Ifeanyi Ubah’s Capital Oil, MRS, NNPC officials in fresh petrol scandal

Two indigenous downstream petroleum firms are involved in a major scandal that could lead to the sack of three officials of Nigeria’s state oil...

Fraudulent Crude Swap: NNPC set to recover $42 Million debts from Ben Peters’ Aiteo,...

The Nigeria National Petroleum Corporation (NNPC) has set machinery in motion to recover the sum of $42,339,372.22 million as unpaid debts from fraudulent crude...

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