Thursday, June 22, 2017

Market Update

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)

FUEL SUBSIDY REMOVAL, FX MARKET LIBERALIZATION: A practical and necessary U-Turn, By Olusegun Akande

It 's often said that a sign of a good leader is an innate ability to recognise when something is not working, and the...

The inevitable change, By Jide Ayobolu

The President of the Federal Republic of Nigeria, President Muhammadu Buhari (PMB) published an article in the Wall Street Journal (WSJ) recently, titled, “The...

That secret recruitment at the FIRS, by Dayo Williams

All state institutions funded by taxpayers’ money ordinarily should make their job recruitment processes open to every qualified Nigerian, regardless of his or her...

Wike and his stabilising mission

  By Tekina Princewill Before his appointment as the Minister of State for Education in the Goodluck Jonathan administration, Nyesom Ezenwo Wike, was already a huge...

Former Governor Emmanuel Uduaghan who you help?

Fejiro Oliver There are slavish souls who carry their appreciation for favors done them so far that they strangle themselves with the rope of gratitude....

Saving Rivers Economy: The Wike Matrix

By Bruno Emenike It was Sophia Amoruso, the founder and owner of Nasty Gal, described as one of "the fastest growing companies" by Inc. Magazine...

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...

DMO: Driving efficient utilisation of borrowed funds, By Nkiruka Nnorom

Nkiruka Nnorom writes that the Debt Management Office is making concerted efforts to ensure that N1.88 trillion to be borrowed by the Federal Government...

The illegality, immorality and insensitivity of fuel price increase, By Femi Falana

During the campaign last year, the candidate of the All Progressive Congress, General Mohammadu Buhari pledged that if elected as President by the Nigerian...

How MTN defraud Nigerians millions of naira weekly

-By Anthony Kolawole “Your subscription to The Guardian monthly has been renewed successfully and 150.00 deducted from your account. Your service will be renewed on...

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