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)

Edo: Group Exposes Adams Oshiomhole’s Corruption Dossier

“He awarded major contracts in the state to self” By: Steve Ademola   His popularity rating is now abysmally low. Many who voted for him in 2008...

How Adamu Aliero shielded his company from Import Duty probe

Adamu Aliero probably missed his vocation; the ex-governor and senator should have been an economist given his penchant for being economical with the truth....

Babatunde Fowler’s led FIRS outrageous 2016 budget, Senate kicks

- 1.6b for welfare package - 700m for medical bills - N16 billion earmarked as salaries of staff yet to be recruited    The Senate Committee on Finance,...

Jonathan’s most corrupt Minister, Diezani Allison Madueke in fresh Oil Licensing scam

Minister of Petroleum Resources, Diezani Allison Madueke is in a fresh licensing scam. She allegedly stripped government owned Nigerian Petroleum Development Company (NPDC) of...

Adenuga’s Globacom in fresh trouble over shoddy connection Issue

The Nigerian Communications Commission (NCC) in its 2016 Q1 Compliance Monitoring and Enforcement Report has commenced enforcement action on Globacom for not adhering to the...

Gov. Okowa splashes millions on lawmakers as Deltans, workers languish in pain

The executive governor of Delta State, Dr. Ifeanyi Arthur Okowa, has suddenly earned the ignominious tag of “Father Christmas” for doling out the sum...

FUPRE Students Kick as Management Hikes Fees

Students of the Federal University of Petroleum Resources, Effurun, Warri, Delta State under the Student Union Government has petitioned the Ministers of Education and...

Meet Chibok Girls survivors, now in Oregon, US, boarding school -Shares their experiences at...

Mercy, Deborah, and Sarah *After escaping the kidnapping of hundreds of schoolgirls, these Nigerian girls are adjusting to a strange new life in small town...

Dasukigate: Buhari’s spokesman, Femi Adesina collected N50m – Obaigbena

  $2.1b arms contracts: Top military officer arrested  Guild of Editors collected 50 Million Naira from Dasuki when Femi Adesina was Chairman Metuh, Anenih, others to be...

Exposed: Why Kwankwaso desperately wants to be FCT minister

There are indications that outgoing governor of Kano State Rabiu Musa Kwankwaso is bent on clinching the cabinet position of Minister of the Federal...

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