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)

Wanted: Legislation to prohibit radical, extremists religious scholars, By Israel Abiodun

After the Supreme Court upheld the death sentence passed on Rev. Chukwuemeka Ezeugo (aka Rev King), the General Overseer of Christian Praying Assembly, the...

Who Is Afraid Of Buratai? By Peter S. Shango 

Nigerians can confidently attest to the annihilation of the Boko Haram insurgents and near complete triumph of federal troops in the war against terrorism...

Indimi: Not a Prodigal Billionaire, By Olusegun Adeniyi

Very early last Thursday, I received a text message from a respected senior banker in Lagos to whom I am very close. He said the...

NDIGBO: All is not lost

The just concluded elections at the upper chamber of the National Assembly which saw Senator Olusola Saraki duly elected as the President of the...

Re: Proposed $30bn Loan: Avoiding the Eurobond Curse

By Olutayo Isaac  As an intellectual, I am inclined to appreciate the apparent hard work and research that must have gone into the article ‘’Proposed...

Herbert Wigwe, leadership defined by vision and values

He needs no introduction because his exploits in the Nigerian banking sector have earned him a name that is firmly entrenched in the public...

Can Ned Nwoko survive the storm In 2019, By Celestine Nwoko

For the many still surprised by the renewed image making being carried out by Ned Murnir Nwoko in the Anioma Trust newspaper, the nausea...

A new shopping list for NASENI, By Nkechi Odoma

The current economic situation has finally forced us as a nation to accept the truth that a monoculture economy that is almost dependent on...

Addressing humanitarian crisis in the country, By Labaran Saleh

Disaster is a crisis situation causing wide spread damage which often exceeds the coping capacity of the affected community or people. These are not...

A memorable Saturday with Akin Ambode

- Odunayo Akinsiju   It is not so much of a walk in the park as it is a long, hard haul to the top with...

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