AUGUST 22, 2017NIGERIA STOCK EXCHANGE (Market Open) SUMMARY:All Share Index 36,584.44Deals 3,729.00Volume 368,381,759.00Value 6,272,685,687.99Market Cap 12,609,660,207,550.90TOP GAINERSBETAGLAS 59.84 (2.51)FLOURMILL 31 (2.49)NB 2.49 (2.48)GUARANTY 40.7 (1.2)UNILEVER 46 (0.5)TOP LOSERSNESTLE 1200.01 (-9.99)DANGCEM 215.62 (-9.38)STANBIC 38.11 (-0.74)WAPCO 58.5 (-0.5)ZENITHBANK 24 (-0.28)CBN EXCHANGE RATE (NGN)Buying:$USD 304.7GBP 392.4536 EURO 358.571SWISS FRANC 315.2939 YEN 2.7941 Selling:$USD 305.7£GBP 393.7416EURO 359.7478SWISS FRANC 316.3286YEN 2.8033CNBC COMMODITY PRICES (USD)Crude Oil (Bonny light) $50.79Natural Gas 2.96 (0.067)Gold 1295.70 (4.10) Silver 17.025 (0.025)Copper 2.985 (0.0455)Wheat 410.25 (-5.75)Coffee 130.45 (-1.25)Cotton 67.44 (0.16)Cocoa 1890.00 (-32.00)
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The First Family and its image makers

By Femi Odere   Managing the image of a country’s president and that of his family can be a very serious and daunting undertaking by those who are fortunate/unfortunate enough to be saddled with the responsibility. It can be a tasking, energy-sapping, yet a thankless specialty especially in the Nigerian political landscape where the deconstruction of the Chief of State ... Read More »

Nigeria has let a crisis go to waste

By  David Pilling   The term “dead cat bounce” derives from the fact that even a dead cat will bounce if it falls from a great height. If you imagine a dead cat soaked in crude oil and dropped from a 50-storey building, you get a rough picture of how Nigeria’s economy is performing these days. Nigeria’s economy is expected to ... Read More »

How To Solve A Problem Like Magu

How To Solve A Problem Like Magu Azu Ishiekwene  This National Assembly appears quite anxious to make laws that might improve our lives. One example is the bill this week by the Senate for victims of gunshot wounds to get treatment without first paying with their blood. There has been quite a basketful of bills like that, promising to show ... Read More »

National Assembly, Fashola and Goje faux pas

By Femi Odere   In a democracy, a nation’s National Assembly is necessarily an assemblage of members from different socio-cultural backgrounds and conflicting worldviews that reflects the diversity of the society from where they are issued. These different backgrounds and worldviews are almost always reflected in their contributions to debates on the floors of the Assembly, which makes democracy what ... Read More »

Ibrahim And Sex In The Guesthouse

  Azu Ishiekwene   A good number of those who saw the video the first time may not have believed it until the man himself confirmed it. His Excellency, former Governor of Yobe State and current distinguished Senator for Yobe East Senatorial District, Bukar Abba Ibrahim, confirmed that he was the one taped while having a sex romp with two ... Read More »

Budget 2017: Implementation is key

  By Louis Okoroma It is a welcome relief to all Nigerians, that at long last, the 2017 budget has been signed and sealed. What remains to be done is for all hands to be on deck for a resounding delivery. The Executive and the national legislature deserve accolade for a job well done, bearing in mind how problematic getting ... Read More »

Fayemi: Avoiding Justice Or Challenging A Bully

  By Femi Odere In his megalomaniac quest for raw and absolute power even in the 21st century and in a democracy to boot, the Judicial Commission of Enquiry set up by Governor Ayodele Fayose of Ekiti State is undoubtedly another joker from his worthless stacks of intimidating and bullying tactics that he deploys recklessly in order to hound his ... Read More »

The Unspoken Message In Buhari’s Voice Note

Azu Ishiekwene When the Presidency decided that it would not make any statement about President Muhammadu Buhari’s health status on his second medical trip to the UK where he has now spent half of the year, it opened the door for rumours to thrive and fester. Of course, there is a sense in which the government can argue that there ... Read More »

BRF: Resolutely Focussed @ 54

BY HAKEEM BELLO May 2017 was appraisal time of the mid term of the administration of President Muhammadu Buhari in office.   Expectedly, much attention was on the Ministry of Power, Works and Housing, as it controls the fulcrum, which the country’s development revolves around. While Power plays a vital role in its industrial development, Works (roads, bridges) facilitates the ... Read More »

Daddy, I Will Be A Pilot And He Was Only 4 Years Old

   By FEMI ADESINA Be careful what you dream about, it may well come to pass. Oluwatobi is my firstborn, “my might, and the beginning of my strength.” One day, when he was just four years old, we were all in the living room; myself, his mom, and his sister, when he exclaimed:”Daddy, I’ll be a pilot!” I looked at ... Read More »