MARKET UPDATE
DECEMBER 13, 2017NIGERIA STOCK EXCHANGE (Market Open) SUMMARY:All Share 38,924.63Index Deals 5,090.00Volume 462,670,462.00Value 26,809,668,795.05Market Cap 13,556,208,867,933.03TOP GAINERSGUINESS 92.7 (94.05)DANGSUGAR 20.69 (21.5)NASCON 18.74 (19.5)UBN 7.19 (7.91)BERGER 7.35 (7.71)TOP LOSERSMOBIL 174.96 (168.5)INTBREW 56.62 (54.98)PZ 23 (22.1)ETI 17.97 (17.26)STANBIC 42 (41.5)Buying:USD 305.35GBP 408.4362 EURO 358.4504SWISS FRANC 308.1853 YEN 2.7418 Selling:USD 306.35GBP 409.7738EURO 359.6243SWISS FRANC 309.1946YEN 2.7507CNBC COMMODITY PRICES (USD)Crude Oil (Bonny light) $63.53Natural Gas 2.715 (-0.113)Gold 1238.90 (-8.00) Silver 15.665 (-0.12)Copper 3.0095 (-0.002)Wheat 412.75 (-0.75)Coffee 119.20 (-0.80)Cotton 74.14 (1.14)Cocoa 1875.00 (-37.00) 
Home » NEWS ANALYSIS

NEWS ANALYSIS

Gwarzo, it’s time to face your allegations

There is no doubt that one of the biggest drawbacks to national development particularly in African countries south of the Sahara is the reckless and bare-faced conversion of public funds and property to personal use by public officials. In Nigeria, Africa’s most populous nations, the challenge of rising to its full potential has been checkmated over the years by mounting ... Read More »

Abdullahi’s Inside Story On Jonathan

Azu Ishiekwene   Of the three presidents who ruled Nigeria between 1999 and 2015, President Goodluck Jonathan appears, so far, to have been the subject of more controversial books than his two predecessors. Five notable books about or significantly touching on former President Obasanjo’s tenure are his memoir, My Watch; Olusegun Obasanjo: The Presidential Legacy (Vols. I & II) 1999-2007, by Ladipo Akinkugbe et ... Read More »

LAGOS TO ACQUIRE SURVEILLANCE AIRCRAFT TO SECURE CREEKS

Safety, Comfort Of Lagosians Remain My Priority, Says Ambode Lagos State Governor, Mr Akinwunmi Ambode on Monday restated the commitment of the State Government to ensure the comfort and safety of residents and investors, saying the general welfare of the people remains a top priority for his administration. This is as it emerged that the State Government has perfected plans to acquire ... Read More »

Afenifere Visit: New Rapprochement or Re-alignment?

By Tunde Rahman Since last Wednesday’s visit of Asiwaju Bola Tinubu to the Akure residence of Afenifere leader, Pa Reuben Fasoranti, the media, particularly the social media, have been awash with commentaries and analyses on the visit. Writers have hit the highway overdrive, analysing, speculating and conjecturing. Some of these analyses have been interesting to say the least. Some surmised ... Read More »

Consolidating the 2018 budget

By Naomi Sharang and Cecilia Ijuo, News Agency of Nigeria (NAN) On Nov. 7, the country recorded a fundamental achievement in Nigeria’s economic environment with the presentation of the 2018 budget proposal by President Muhammadu Buhari to a Joint Session of the National Assembly. Economists observe that the presentation was a fulfilment of Federal Government’s promise to Nigerians earlier in ... Read More »

Tribute to Taukeme Koroye

TEK: a Leader and Legend bids the world final farewell Taukeme Edwin Koroye (TEK), death drew the final curtain on your eventful life on Saturday, November 18, 2017. It brought a painful end to your valued contributions to corporate Nigeria, especially the Nigerian financial services sector and Accounting profession, where your legacy of integrity, strength of character and professionalism are ... Read More »

An Accident El-Rufai Can’t Help

Azu Ishiekwene  Governor Nasir El-Rufai may have been an accidental public servant by his own account, but he may well be the sort of accident that the public service needs. In a battle that promises to be nasty, the governor said he would fire 21,780 or two thirds of the teachers in Kaduna State who failed a competency test based ... Read More »

Tinubu had ‘discussed’ Buhari, 2019

By Femi Odere As did Festus Adedayo, this writer also cannot proceed with this piece without extending his heartfelt condolence to the National Leader of the All Progressives Congress (APC) Asiwaju Bola Ahmed on the sudden and untimely death of his first son, Jide Tinubu. The pain of this great loss on this political colossus of our time and his ... Read More »

Before perception becomes reality a statement by the Hon. Minister of power, works and housing, Mr babatunde raji fashola. SAN

BEFORE PERCEPTION BECOMES REALITY ​   ​By ​ BABATUNDE RAJI FASHOLA, SAN   Before perception becomes reality, I feel compelled to make this Statement in response to allegations bordering on financial impropriety raised on the Floor of the Senate against the Ministry of Power, Works and Housing, my Office as Minister, the staff of the Ministry and by extension my ... Read More »

Creating wealth and enduring prosperity for Edo State through the Alaghodaro Investment Summit

By Ehi Braimah As Governor Godwin Obaseki of Edo State marks his first anniversary in office on November 12, there would be so much to talk about in the coming weeks on the Edo State Investment Summit, otherwise branded as Alaghodaro, which means ‘progress, moving forward and looking ahead’ in Edo language. It is another way of saying the future ... Read More »