MARKET UPDATE
AUGUST 23, 2017NIGERIA STOCK EXCHANGE (Market Open) SUMMARY: All Share Index 36,962.48 Deals 3,829.00 Volume 244,315,144.00 Value 3,672,761,536.18Market Cap 12,739,959,591,754.59 TOP GAINERS NESTLE 1220.2 (20.19) TOTAL 239.51 (11.4) DANGCEM 224.9 (9.28) FO 50.5 (0.5) NASCON 13.5 (0.48) TOP LOSERS MOBIL 213.81 (-11.25) CONOIL 30.59 (-3.3) FLOURMILL 29.85 (-1.15) ZENITHBANK 23.05 (-0.95) UACN 15.7 (-0.8) CBN EXCHANGE RATE(NGN)Buying:$USD 304.65 GBP 392.1455 EURO 356.2882 SWISS FRANC 314.8186 YEN 2.7658 Selling:$USD 305.65 £GBP 393.4327 EURO 357.4577 SWISS FRANC 315.852 YEN 2.7749 CNBC COMMODITY PRICES (USD)Crude Oil (Bonny light) 50.79 Natural Gas 2.938 (-0.024) Gold 1290.90 (-5.7999) Silver 16.975 (-0.04) Copper 2.9855 (0.005) Wheat 403.25 (-6.25) Coffee 129.30 (-0.85) Cotton 67.82 (0.26) Cocoa 1919.00 (-11.00) 
Home » NEWS ANALYSIS (page 10)

NEWS ANALYSIS

Life After Jim Obaze

Azu Ishiekwene   Last week could have been named the Jim Obaze week. It was, really. How a relatively obscure public servant was thrust on the headlines with shards of his alleged misdemeanor strewn across the pages and powerful forces calling for his head is not the kind of drama seen often.   Well, they finally hanged him by the ... Read More »

Obasanjo Vs Awujale: A Delayed Showdown

By Azu Ishiekwene The book is nearly seven years in print but I didn’t get a hold of it until sometime last year. Someone very close, whom I had told I wanted to interview Kabiyesi Oba Sikiru Adetona, had sent a copy over to me in Abuja. He advised me to read the book before the interview. I have since ... Read More »

‎James Ibori: The new avatar?

In 1997, the Nigerian media space was enlarged with the entry of the Diet newspaper. It paraded some of the finest wordsmiths in the clime and it seemed rather promising. Alas barely a year later, the ‘ogbanje’ syndrome crept in and it found its way into abyss where the requiem was done for many other newspapers and magazines which had ... Read More »

Plastic Rice, Indian Jollof, And Adeboye’s Gift To Fayose

By Azu Ishiekwene Superstition is the common thread. And that’s a commodity that’s never in short supply around here, even in a time of recession. When I first saw the headline on social media, it didn’t make sense. How could it? To suggest that Nigerians had become so rice-crazed that some folks were now importing plastic rice was beyond me. ... Read More »

LAKE Rice: Ambode Saw Tomorrow

By Gbolahan Akintunde Visionary Leadership is not by words of mouth but by action and actualisation of plans that make life more abundant for the greatest number. This assertion is true of Lagos state Governor, Akinwunmi Ambode who has in the last one year, executed many people oriented policies with seamless ease. The latest which is novel in the country and ... Read More »

Is Magu Nigeria’s Most Dangerous Man?

By Azu Ishiekwene It’s not a surprise that some folks are finally twisting the knife in the back of the acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu. After working without a letter of appointment for one year and overstaying his confirmation by nearly six months, his current travails should not come as a surprise. It’s now ... Read More »

Between Fayemi and the Ondo election

By Femi Odere “Silence can never be quoted.”—- A statement by the Minister of Solid Minerals and Steel Development Dr. John Kayode Fayemi during a private meeting at his office. I decided to use this phrase by the Honourable Minister as an epigraph not only because it was what triggered my desire to write this piece in the first place, ... Read More »

Re: Buhari’s forgotten Ministers

  By Olayinka Oyebode The third quarter GDP figures released by the National Bureau of Statistics (NBS), a few weeks ago revealed two major facts about the economy: One, that the economy is still in recession. Two, that there is a consistent growth in Agriculture and Solid Minerals sectors, indicating the success of the President Muhammadu Buhari administration’s economic policies. ... Read More »

Ghana: An African dream deferred

By Owei Lakemfa I lived in Ghana continuously for about three years from January 6, 2013 and thought President John Mahama could easily be defeated by a determined opponent. This was what happened on December 7, elections when his challenger from the New Patriotic Front (NPP) Nana Akufo-Addoh beat him securing 5,716, 026 or 53.85 percent of the votes, and ... Read More »

Buhari’s Trip To Banjul And The Morning After

By Azu Ishiekwene There’s no need asking why Gambian President Yahya Jammeh changed his mind and minced his words. After 22 years in power, Jammeh has learnt that mincing his words make them easier to swallow. Forget the nonsense about evidence of vote rigging and the call for a god-fearing umpire to conduct fresh elections. Jammeh has been man and ... Read More »