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 3)

NEWS ANALYSIS

Biafra, Quit Notice And All That Nonsense

  Azu Ishiekwene   For nearly two weeks now the entire news space has been filled with what a LEADERSHIP editorial correctly described as “the valorisation of secessionist hubris.” The purveyors, sponsors and foot soldiers must immediately stop this nonsense. In apparent reaction to the irresponsible and unrestrained comments of the leader of the Indigenous People of Biafra (IPOB), Mr. ... Read More »

Ambode: Celebrating “Product of the Coconut” at 54

       By Habib Aruna It is always a herculean task to write tributes to your boss on his birthday, not for want of what to write, but for misconception of readers who may accuse you of being too patronising. As a matter of fact, there is no way a leader, mentor and boss like ​Mr. Akinwunmi ​ Ambode ... Read More »

Theresa May fighting to hang on after gamble fails

By Gregory Katz British Prime Minister Theresa May addresses the press in Downing Street, London, Friday, June 9, 2017 following an audience with Britain’s Queen Elizabeth II at Buckingham Palace where she asked to form a government. May’s gamble in calling an early election backfired spectacularly, as her Conservative Party lost its majority in Parliament. In the big book of political ... Read More »

Judges’ Recall And Malami’s Crocodile Tears

  By Azu Ishiekwene The government of President Muhammadu Buhari just boxed itself into a corner and the National Judicial Council (NJC) is very pleased to beat the government with a big stick. After last year’s dramatic arrest of nine judges on suspicion of corruption and the sense of relief that Buhari had, at last, taken the fight to the ... Read More »

Henry Boyo and Nigeria’s Economic Recovery Plan

By Atu Ikot Mr Henry Boyo is a very passionate man. Very unrelenting! He is one of Nigeria’s longest serving columnists that write on the economy. His area of interest is finance – money and markets. Given his passion and tenure on the beat, his views should ordinarily be taken seriously. However, those who have followed his writings long enough ... Read More »

One Week, Two Dramas: Who Will Save Okorocha From Himself?

Azu Ishiekwene Whenever I’m about to forget what it means to be a politician in these parts, I remind myself of the Imo State Governor, Rochas Okorocha. He combines the drama and ebullience of Ayo Fayose with the shenanigans and hubris of Wada Nas. The fellow just keeps your jaw agape, making you laugh and cry at once. It happened ... Read More »

Olanipekun: A case of defective moral value

  By Femi Odere   Chief Wole Olanipekun, a Senior Advocate of Nigeria (SAN) is, by any measure, among the creamier of Nigeria’s cream of elites. Unlike many Nigerians whose prominence is anchored on nothing but sheer disposition for primitive acquisition—-which is made possible by their country’s growth-inhibiting rentier economy and fuelled by in-your-face-corruption—- Olanipekun can be said to have ... Read More »

Democracy Day Speech By Acting President Yemi Osinbajo

DEMOCRACY DAY SPEECH BY HIS EXCELLENCY, PROF. YEMI OSINBAJO, SAN, THE ACTING PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA, COMMEMORATING THE SECOND ANNIVERSARY OF THE BUHARI ADMINISTRATION, MAY 29, 2017 Dear Nigerians, I bring you good wishes from President Muhammadu Buhari, GCFR, who as we all know is away from the country on medical vacation. 1. Today marks the second ... Read More »

Ambode: Two Years of Quiet Revolution in Lagos

By Gbolahan Akintunde Lagos State is currently celebrating 50 years of her existence as a State created in 1967 while Governor Akinwunmi Ambode is due for a mid-term assessment having spent two years in the saddle as the 5th elected Governor of Lagos state. In the first few weeks that Ambode assumed office in 2015, not a few Lagosians expressed ... Read More »

Two Years Of Buhari. How Did We Survive?

      By Azu Ishiekwene  There have been times when I asked myself how we ended up with President Muhammadu Buhari again.  Two years and half way into his first term, the charm that gave Buhari a historic victory over Goodluck Jonathan’s government appears to have faded, leading to troubling comparisons with that incompetent government.  Part of the problem ... Read More »