Tuesday, February 28, 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)

Osinbajo orders release of Capital Budgets as FEC deliberates on Nigeria’s economy

The Federal Executive Council (FEC), on Wednesday directed Ministries, Departments and Agencies (MDAs), to fast-track the release of their capital budgets to quickly reflate...

President Buhari approval rating drops significantly, Nigerians grow more critical – Poll

- By Fabiyi / Otunuga We saw the sharpest decline in the month-to-month approval ratings for the president yet in our polls. High approval ratings...

Why NDA can’t expel cadets for torturing civilian – Commandant

Commandant of the Nigerian Defence Academy (NDA), Major General Mohammed Ibrahim, yesterday said the academy could not expel the cadets shown in a video...

NASS Accuses FERMA MD of Non-utilisation of N10bn In 2016 Budget

The senate and house of representatives’ joint committee on Federal Road Maintenance Agency (FERMA), yesterday asked for the removal of acting managing director FERMA, Mr...

Osinbajo calls for Synergy to boost development In Niger Delta

Vice President Yemi Osinbajo has called for synergy among federal, state governments and civil society organisations to solve the numerous challenges in the Niger...

Finance minister, Adeosun, Customs CG fight in Senate over budget

What could have become a major embarrassment was avertedyesterday as Comptroller-General of Customs, Col. Hameed Ibrahim Ali (Rtd) engaged Minister of Finance, Mrs Kemi...

Workers groan as they mark bleak May Day

…26 states’ workers owed salaries As Nigerian workers today join their counterparts across the world to celebrate May Day, it is a story of gloom,...

Senate will re-introduce Gender Equality Bill – Saraki

Senate President, Bukola Saraki has stated that the Senate would soon re-introduce the Gender Equality Bill that was thrown out by the senators at...

I share your pains, Buhari assures Parents of Chibok Girls

President Muhammadu Buhari assures parents and relations of the kidnapped Chibok girls that he frequently reflects on the ordeal of the captives in the hands of...

You are ignorant about the economy, VP Osinbajo tells Ezekwesili

The Presidency has described  the criticism of its economic policies by Oby Ezekwesili,  as inaccurate, and an  “unclear elitist summary of the economy” Ezekwesili  had...

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