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 39)

NEWS ANALYSIS

FIRS: Fowler Fits Perfectly

By Adolphus Tiewei Perfect. That single word summed up my reaction to Thursday’s announcement of Mr. Babatunde Fowler as Chairman, Federal Inland Revenue Service (FIRS). It was not a word uttered on reflex, but on long and careful consideration of Fowler’s performance record on the job he has just left: Chairman, Lagos Board of Internal Revenue and Chief Executive Officer, ... Read More »

The scourge of Authority Stealing

By Hakeem Jamiu You be thief I no be thief You be robber I know be robber You be army robber I no be army robber Argument , argument ……..Catch am catch am thief!!! Thief!!! Thief!!! Catch am catch am robber !!!robber!!!…..etc I was very young when the legend, Fela Anikulapo, sang the evergreen number ‘Authority Stealing’. I didn’t quite ... Read More »

Yoweri Museveni’s anger

By Tony Ademiluyi Idi Amin was a great scourge to not only the people of Uganda but also the people of East Africa. It was no surprise that Mwalimu Julius Nyerere teamed up with Yoweri Museveni, a then budding rebel leader to dislodge him from office and send him into exile in faraway Saudi Arabia where he lived till he ... Read More »

Rauf Aregbesola: What his foes won’t tell you

By Fola Ojo Nigeria’s game of politics is too nauseating to percuss; and its government business environment too nasty to peregrinate. For many years, I had switched off Nigeria in my head; the choice to stay back in the United States basking in its refreshing winter and kicking back in its sweet summer has always been a safe one. Last ... Read More »

Buhari and his August Visitors

  By Femi Odere “As we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns—the ones we don’t know we don’t know.” —Donald Rumsfeld, former US Secretary of Defence during ... Read More »

Kalu and the FIFA Presidency

When the news of the FIFA presidential ambition of former Abia State Governor, Orji Uzor Kalu broke out, I initially took it with a pinch of salt and thought that some sycophants must have thoroughly massaged the ego of the sports loving former Governor to take the plunge. One is not in doubt as to the love he has for ... Read More »

Weep not for Abati

By Tony Ademiluyi Dr. Reuben Abati heralded the nation with the tale of his phones not ringing anymore in an obvious attempt to weep up sentiments from the public who was hitherto his constituency. He has found himself in the lurch and like the Biblical Peter who denied his master Jesus Christ, he is trying his best to warm himself ... Read More »

Address delivered by His Excellency, Mr. Akinwumi Ambode, Governor of Lagos State at the swearing in ceremony of the newly appointed Permanent Secretaries in the State Civil Service on Wednesday, August 5, 2015 in the conference room of the Lagos House, Ikeja

Today is an important day in the careers of the officers who have just been elevated to the prestigious position of Permanent Secretaries in the Lagos State Civil Service. Your appointments, from a pool of equally competent and qualified substantive directors, are as a result of a careful selection based on merit, professionalism and proven track record of service to ... Read More »

PDP’s long walk to ignominy

By Felix Ofou There is something wrong with the average Nigerian politician. He never learns from his mistakes. Every contest is treated as a game of chance (try your luck) and he expects to be declared winner in the end. It does not matter if there are more than a dozen political parties or if the contestants are more than ... Read More »

Lasun Yusuf: Between Logic And Common Sense

  By. Eleshin Lawal For having the gut to offer himself for service and balance the power equation in the House of Representatives, the Deputy Speaker of the House, Rt. Hon. Lasun Yusuf has been vilified, called many names and in fact, almost being ostracised quite, in a rather twisted negative irony, by the southwest people especially those from Osun ... Read More »