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MARKET INFORMATION 2012-01-27
SUMMARY
INDEX 20,797.81
MARKET CAPS N 6,554,516,088,113.72
VALUE N 2,598,872,095.57
VOLUME 302,947,183
DEALS 3,126
 
TOP GAINERS
NEWGOLD 22.00 (0.83%)
NESTLE 7.00 (1.65%)
JBERGER 0.50 (1.61%)
GUARANTY 0.35 (2.61%)
IBTC 0.33 (4.96%)
 
TOP LOSERS
UNILEVER -1.18 (-3.8%)
NB -0.92 (-0.99%)
MOBIL -0.91 (-0.68%)
PZ -0.64 (-2.16%)
VITAFOAM -0.21 (-4.94%)
Exchange Rate Information 2012-01-27
Exchange Rates
  BID Offer
NGN / USD 155.7000 156.7000
NGN / GBP 234.8793 236.4562
NGN / EUR 205.2829 206.6611
InterBank $ 164.7975 164.8975
BDC $ 162.5000 163.5000
Parallel M $ 163.0000 163.0000
 
Nibor Rates
  Previous Current Change
Call 15.1250 15.1250 0 %
7 Day 15.6667 15.6667 0 %
30 Day 16.2500 16.2500 0 %
60 Day 16.7500 16.7500 0 %
90 Day 15.8750 15.8750 0 %
180 Day 17.2083 17.2083 0 %
BUSINESS NEWS
Nigeria Apex Bank Denies Plan To Raise Interest Rate
The Central Bank of Nigeria (CBN) has said it will not raise benchmark interest rates, as a result of the first round of inflationary effects from the removal of fuel subsidy.

The CBN ...
 
Marketers Indict NNPC Over Subsidy Row
The Nigerian National Petroleum Corporation (NNPC) has been indicted for allowing unqualified importers into the system.

It also received knocks for the scarcity and exorbitant price of...
 
Nigeria Government Earmarks N100bn To Revive Cotton Production
To revive the cultivation of cotton, the Federal Government has earmarked the sum of N100 billion as credit facility for farmers to boost its production in the country.

The chairman, Pr...
 
Nigeria Stock Exchange To Rely On FG Reform For Growth
Considering the lofty fiscal reforms being put in place by the Federal Government, the Nigeria Stock Exchange will rely more on the federal government for growth.

This was the submissi...
 
Flour Mills Forecasts N2.5bn Profit
Flour Mills of Nigeria Plc has predicted that its profit after tax for the fourth quarter ending March 31, 2012, will hit N2.5bn.

This was revealed in a statement by the company which w...
 
 
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