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MARKET INFORMATION 2012-02-22
SUMMARY
INDEX 20,313.35
MARKET CAPS N 6,401,839,211,371.78
VALUE N 2,514,451,886.38
VOLUME 490,202,430
DEALS 4,472
 
TOP GAINERS
NEWGOLD 17.00 (0.64%)
CAP 0.62 (4.5%)
UNILEVER 0.47 (1.68%)
OANDO 0.34 (1.78%)
ZENITHBANK 0.17 (1.38%)
 
TOP LOSERS
DANGCEM -4.51 (-4.1%)
WAPCO -1.40 (-3.18%)
CONOIL -1.33 (-5%)
JBERGER -1.10 (-5%)
PZ -0.90 (-3.35%)
Exchange Rate Information 2012-02-22
Exchange Rates
  BID Offer
NGN / USD 155.1000 156.1000
NGN / GBP 245.1821 246.7629
NGN / EUR 204.8716 206.1925
InterBank $ 157.6125 157.7125
BDC $ 158.0000 159.0000
Parallel M $ 160.0000 161.0000
 
Nibor Rates
  Previous Current Change
Call 15.3917 15.7500 2.33 %
7 Day 15.6667 16.1417 3.03 %
30 Day 16.1083 16.5500 2.74 %
60 Day 16.4083 16.9583 3.35 %
90 Day 16.7083 17.2083 2.99 %
180 Day 17.0000 17.4167 2.45 %
BUSINESS NEWS
Nigeria Shoprite May Open 700 Stores
Nigeria has the potential to become as big a retail market for South Africa’s Shoprite as its home base, the head of the supermarket chain said, playing down concerns of rising poverty in Africa’s mos...
 
Naira Climbs As Dollar Sales Outweigh Inflation
The naira climbed against the dollar, erasing earlier losses, as oil industry dollar sales outweighed speculation that a rise in the inflation rate would weigh on the local currency.

T...
 
First Bank, Etisalat Partner On Mobile Money Operation
First Bank of Nigeria has signed a Memorandum of Understanding (MoU) with Etisalat, to provide seamless mobile money services to millions of Nigerians.

The MoU signing ceremony held at ...
 
Inflation Rises To 12.6 % In January
The recent partial removal of fuel subsidy by the Federal Government is beginning to manifest in the economy, as consumer inflation rose to 12.6 per cent year-on-year in January, compared with 10.3 pe...
 
Interbank Rates Rise On Short Cash Supply
Nigeria’s interbank lending rates rose further last week to an average of 15.25 per cent from penultimate week’s 14.91 per cent as the Nigeria National Petroleum Corporation (NNPC) soaked up available...
 
 
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