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 20)

NEWS ANALYSIS

Explain the billions in your frozen account – Oni tells Fayose

Embattled Ekiti Governor, Ayo Fayose, must explain to the people of the State how he came about the billions of naira found in his bank accounts, the Deputy National Chairman (South) of the All Progressives Congress (APC), Chief Segun Oni, has said. Oni who spoke on a live interview programme “Heart of the Matter” onADABA 88.9 FM monitored in Ado ... Read More »

Fayose and the Dying Days of Rascality

By Olusegun Adebiyi It might not be news anymore that the governor of Ekiti State, Governor Ayodele Fayose is currently battling hard, real hard, to disentangle himself from the web of allegations bothering on corruption, most prominently that of receiving N1.2 billion from the cash meant for the purchase of arms for the Armed Forces to fight insurgency in north-east ... Read More »

Aisha: When Grace and Elegance meets Altruism

By Femi Odere A society whose very essence has never known anything fundamentally ennobling and uplifting since the civil war, but rather wallops in the most despicable form of abuse and degeneration of its being in every material, moral and even spiritual spheres can be forgiven for its inability to recognize someone’s emergence on its landscape because it has been ... Read More »

Bank Cowboys, Ngige And Our Deposits

By Azu Ishiekwene When Minister of Labour and Productivity, Chris Ngige, threatened to withdraw the licenses of banks if they continued to lay off staff, I thought he was taking a joke too far. Why meddle with the banks when the government has enough problems? Aren’t the government’s poor economic choices partly responsible for the difficulties the banks are facing? ... Read More »

MKO Abiola: Humanist par excellence

  By Hafsat Abiola-Costello Today, the 7th of July, marks the 18th anniversary of the day my father, MKO Abiola, ended his mortal journey. As I celebrate him today, I would like to share what I continue to carry forward from the privileged years of being raised as his daughter in his household. First and foremost is that my father’s religion ... Read More »

Hillary Clinton’s enviable list of VP choices

Hillary Clinton spent some time last week testing out one of her potential vice presidential running mates, Sen. Elizabeth Warren of Massachusetts. The two Democratic powerhouses made a series of stops where they promised to champion American workers and blasted Donald Trump. Although Clinton and her campaign team are wise enough to understand that her vice presidential pick won’t create ... Read More »

Governor Fayose’s Redeeming Value

By Tunde Rahman When Governor Ayodele Fayose told whoever cared to listen that his wife, a prophetess, had prophesized that he would return to the governorship seat, not many took him serious. But his wife’s seeming outlandish prediction came to pass in the end. In the beginning of the June 21, 2014 Ekiti governorship race, of the 13 aspirants or ... Read More »

Stigmatizing President Buhari

By Sola Adeyeye This rehash of the prominent positions held by Muslims in Nigeria is mischievous and quite unfortunate. It is the typical Nigerian game of chasing needless shadows rather than focusing on the arduous task of nation building. Until recently, so-called Christians held commanding heights of the economic governance of our Republic. The Presidency, Headship of National Assembly, Secretary ... Read More »

Victory For The Anti Corruption War As Olisa Metuh is a New Convert

  By Nelson Ekujumi One cannot but commend the President Muhammadu Buhari led administration for its resoluteness, courage, determination, focus and commitment to winning the war against corruption which is a canker worm that has ravaged the body and soul of the Nigerian state for decades. One is also happy that despite the campaign of blackmail, calumny and mudslinging against ... Read More »

Fayose And Nigeria’s Immunity Scandal

By Okey Ndibe Governor Peter Ayodele Fayose of Ekiti State has a solid claim to the title of politician par excellence of Nigeria’s Fourth Republic. In many ways, the man symbolizes the idiosyncrasies, texture and other pathological characteristics of the high-priced, frustrating experiment that goes by the name of democracy in Nigeria. His storied political career has involved a controversy ... Read More »