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JULY 12, 2019 NIGERIA STOCK EXCHANGE (Market Closed) SUMMARY: All Share Index 31,307.00 Deals 4,456.00 Volume 344,308,714.00 Value N7,270,856,814.76 Market Cap N13,789,282,363,557.18 TOP GAINERS NESTLE 1450 (50) SEPLAT 549.9 (29.9) DANGCEM 201.6 (9.6) MTNN 132.55 (2.55) NB 60 (2) TOP LOSERS FLOURMILL 13.35 (-0.4) PZ 8.1 (-0.4) ETERNA 3.65 (-0.35) NAHCO 3.18 (-0.2) AFRIPRUD 3.56 (-0.04) CBN EXCHANGE RATE (NGN) Buying: $USD 305.95 £GBP 387.4551 EURO 342.3581 SWISS FRANC 304.0648 YEN 2.793 Selling: $USD 306.95 £GBP 388.7215 EURO 343.4771 SWISS FRANC 303.8808 YEN 2.8022 CNBC COMMODITY PRICES (USD) Natural Gas 2.572 (-0.026) Crude Oil (Bonny light) $75.76 Gold 1277.20 (-6.40) Silver 14.32 (-0.235) Copper 2.701 (0.0015) Wheat 505.00 (15.50) Coffee 95.80 (2.50) Cotton 69.29 (0.90) Cocoa 2454.00 (-13.00)
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SDP members who endorsed Buhari are desperate, says Gana faction
The presidential campaign team of Jerry Gana, a former information minister, has rejected the endorsement of President Muhammadu by the Social Democratic Party (SDP).Speaking with journalists, Ike Neliaku, director-general of Gana's campaign, said those who endorsed Buhari in the Social Democratic Party (SDP) are hirelings.Yinka Oyebode, national spokesman of the SDP, had said the national executive council (NEC) of the [...]
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SDP dumps Donald Duke, adopts Buhari as consensus candidate
The Social Democratic Party (SDP) has adopted President Muhammadu Buhari as its consensus candidate for the February 16 presidential election.The party made the decision on Thursday during its national executive council meeting in Abuja.Buhari is the presidential candidate of the All Progressives Congress (APC).SDP NEC, however, explained that the adoption does not herald a merger with the APC.Prior to the development, Donald [...]
Protesters hit Lagos streets, accuse Obasanjo of plotting to install interim govt
A pro-democracy group staged a massive rally in Lagos state against the alleged plot by former President Olusegun Obasanjo to install an interim government.The protest was led by Rachel Okpara, executive director of the Coalition for Defence of Democracy in Nigeria (CDDN).Okpara said there is credible intelligence that Obasanjo's political allies we hell bent on making the country ungovernable.She appealed to [...]
Court sacks Duke, declares Jerry Gana presidential candidate of SDP
A federal capital territory (FCT) high court has declared Jerry Gana, a former minister of information, as the winner of presidential primary poll of the Social Democratic Party (SDP).The election held on October 6. The party had said Donald Duke, a former governor of Cross River state, won Gana by polling 812 to 611 votes.But the former minister challenged the [...]
2019: Donald Duke gets new running mate for 'strategic reasons'
The Social Democratic Party (SDP) has substituted the running mate of Donald Duke, its 2019 presidential candidate.Shehu Musa Gabam, who is also the national secretary of the party, replaces Mohammed Junaid, the party announced Thursday.Alfa Mohammed, SDP national publicity secretary, said the substitution was done long ago.He said Junaid's substitution was subjected to deliberation at the party's leadership level which [...]
Donald Duke, Sowore: We were not invited to peace accord meeting
More presidential candidates in the 2019 election have claimed they were not invited to the national peace accord meeting on Tuesday.Donald Duke of Social Democratic Party (SDP) and Omoyele Sowore of Action Alliance told TheCable that they received no invitation regarding the programme which held in Abuja.Responding to enquiries on the matter, Duke said "we did not get any invitation" [...]
Minimum wage: Duke advocates review of salaries every 10 years
Donald Duke, presidential candidate of the Social Democratic Party (SDP), has called on the federal government to find a long-term solution to the lingering minimum wage crisis in Nigeria.In a statement on Saturday, Duke also called for a periodic review of salaries every ten years, considering variables such as inflation.Duke said the government's "fire brigade" response to the minimum wage [...]
2019: Over 50 presidential candidates fail to disclose tax details
Donald Duke, of the Social Democratic Party (SDP), and Atiku Abubakar of the Peoples Democratic Party (PDP) are among the few presidential candidates who made public their tax record.The Independent National Electoral Commission (INEC) had posted details of 59 presidential candidates at its headquarters in Abuja.While Atiku said he paid N10.2 million as tax in three years, Duke paid N500,000 [...]
Donald Duke picks Junaid Mohammed as running mate
Donald Duke, presidential candidate of the Social Democratic Party (SDP), has picked Junaid Mohammed as his running mate for the 2019 poll.Duke, a former governor of Cross-Rivers state, announced this via his Twitter handle.Mohammed, who trained as a medical doctor, was born in Dala, Kano state.Duke described the second republic lawmaker as a well-known academic who has been on the [...]
Donald Duke defeats Jerry Gana to emerge SDP presidential candidate
Donald Duke, former governor of Cross River state, has won the presidential ticket of the Social Democratic Party (SDP) for the 2019 election.The former governor was declared winner on Sunday at the party's national convention which held at Old Parade Ground, Abuja.Abdul Isiaq, the returning officer, said Duke polled 812 votes to defeat Jerry Gana, former minister of information, who polled [...]
'You're a serial failure' — Imoke hits Donald Duke over Tinapa
Liyel Imoke, former governor of Cross River state, has described Donald Duke, his predecessor, as a serial failure.Imoke succeeded Duke in 2007.There has been an ongoing disagreement between the two ex-governors, with Tinapa, a multi-billion naira business resort initiated by Duke, being a bone of contention.In a recent interview, Duke said the death of the state started on May 29, [...]
Donald Duke: I left PDP because the umbrella was breaking
Donald Duke, presidential aspirant of the Social Democratic Party (SDP), says he left the Peoples Democratic Party (PDP) because the "umbrella was breaking".Duke served as governor of Cross River for eight years under the platform of PDP which has umbrella as its symbol.Speaking during the inauguration of Cross River SDP secretariat in Calabar on Tuesday, the former governor said the SDP [...]
Donald Duke: Homosexuality is a crime in Nigeria and ought to remain so
Donald Duke, former governor of Cross River state, has issued a statement to clarify his position on same sex relationships.Duke, a presidential aspirant, had received backlash for a comment he made during a show anchored by Folarin Falana (Falz) and Laila Johnson-Salami.Explaining his stance on same sex relationships, Duke had said that he would not criminalise homosexuality, as long as [...]
You can't zone my constitutional right, Donald Duke tells PDP
Donald Duke, former governor of Cross River state, says the Peoples Democratic Party (PDP) cannot zone his constitutional rights, stating that he has the right to aspire, win or lose the party's presidential ticket.Duke, who was governor from 1999 to 2007 says he had always wanted to be president since 2005, with the plan to solve Nigeria's productivity problem.He said [...]
Sports enthusiast chronicles Nigeria's football history
Wieber Boer, a sports enthusiast and chief executive officer, All On, has chronicled the history of Nigerian football as a tool for nation-building in his new book.The book titled "A Story of Heroes and Epics: The History of Football in Nigeria", was launched at Freedom Park, Lagos, on Sunday.The timing of the launch coincided with the upcoming 2018 FIFA world [...]
Buhari's leadership out of tune with Nigeria's reality, says Donald Duke
Donald Duke, a presidential aspirant, says President Muhammadu Buhari's leadership is out of tune with the country's reality.Duke, a former governor of Cross River, said this in an interview with Deutsche Welle Africa.The former governor said Buhari's government is characterised with "obvious failings"."Because I see such obvious failings. I see a leadership that is steeped in the past; that has [...]
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