BusinessDay 27 Apr 2020

Page 1

businessday market monitor

Biggest Gainer Stanbic N27.5

FMDQ Close

Everdon Bureau De Change

Bitcoin

NSE

Foreign Exchange

Biggest Loser Nestle

3.64 pc N975 22,470.79

-6.67 pc

Foreign Reserve - $33.625bn Cross Rates GBP-$:1.23 YUANY - 55.12 Commodities Cocoa US$2,361.00

Gold $1,725.93

news you can trust I ** monDAY 27 april 2020 I vol. 19, no 550

₦3,145,348.87 +3.15

N300

Sell

$-N 425.00 456.00 £-N 490.00 502.00 €-N 432.00 450.00

Crude Oil $ 22.11

I

Buy

g

Market

Spot ($/N)

I&E FX Window CBN Official Rate

383.00 361.00

Currency Futures

NGUS mar 31 2021 393.03

($/N)

3M 0.08 2.53

6M

What N1.4trn CRR deduction by CBN means for banks See page 29

0.00

10 Y -0.39

30 Y 0.13

9.66

11.38

12.60

5Y

0.05 2.84

NGUS mar 29 2023 402.11

@

g

www.

fgn bonds

Treasury bills

NGUS mar 26 2025 412.41

g

BUK professor joins growing list of high-profile deaths in Kano … as Ganduje approves purchase of 1m face masks to fight COVID-19 ADEOLA AJAKAIYE, Kano

A

professor in the Department of Mass Communication, Bayero University Kano (BUK), Balarabe Maikaba, on Sunday joined the growing list of high-profile deaths in the ancient city of Kano. Maikaba’s death was announced by the management of BUK on Sunday. Before his death, the former head of Department of Mass Continues on page 29

Inside L-R: Zainab Ahmed, minister of finance, budget and national planning; Godwin Emefiele, governor, Central Bank of Nigeria (CBN), and Vice President Yemi Osinbajo, at the meeting of the Economic Sustainability Committee chaired by Osinbajo, at the Presidential Villa in Abuja.

In spite of business upsets, UBA records impressive N32.7bn profit in Q1 2020 P. 2


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