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 4)

NEWS ANALYSIS

Nigeria on the Road to Shared Mining Prosperity

      BY Akin Rotimi There is no doubt that Africa is blessed with an abundance of natural resources. At the country level, Nigeria is estimated to have the second largest deposit of Bitumen in the world, spanning over 120km across Lagos, Ogun, Ondo and Edo states. National reserves of coal are estimated at 2.7 billion metric tonnes; while iron ... Read More »

The Benefits Of Digitization

            BY Omo Oba Aderibigbe Adeleke Tella President Muhammad Buhari may have put Nigeria on a stage for a profound shift towards huge wealth creation when on April 30th 2016, he made possible the Digital Switch Over (DSO) in Jos. By December 2016, the present government made sure that Nigeria has reached a point of no return ... Read More »

Dangerous Politics Of Buhari’s Health

  By Azu Ishiekwene   I don’t know if protocol will permit it. But it would not be a bad idea for the British Prime Minister, Theresa May, to visit President Muhammadu Buhari at the London hospital where the Nigerian president is being treated. She has a story to share.   Three years before May unexpectedly became prime minister, she ... Read More »

Communique Issued at the end of the 15th monthly meeting of the Honourable Minister of Power, Works and Housing with operators of the Power Sector, held on Monday, May 08, 2017 at NIPP Injection Substation, Lamingo, Jos.

    Introduction The Honourable Minister of Power, Works and Housing, Babatunde Raji Fashola (SAN) chaired the fifteenth monthly meeting of operators in the electricity industry. The meeting was hosted by Jos Electricity Distribution Plc at NIPP Injection Substation, Lamingo, Jos. The Governor of Plateau State, Honourable Barrister Simon Lalong was also present, as well as the Chairman of Jos ... Read More »

Ondo: Imperative of civil service overhaul

      By Femi Odere One of the most important, if not the main ingredient for a strong relationship is trust. The belief by both parties, most especially the one to whom much was given and therefore much was expected could be trusted both in words and deeds would make the relationship look like it was made in heaven. ... Read More »

University as domain of Sadducees and Philistines.

                      By Owei Lakemfa. The Covenant University, Sango Ota, is like most of the private universities established by religious missions, one of the costliest in the country. A former student, Mr. Vmamh Lonngji Felix who sued the university for wrongful expulsion, told the court that in less than four years, ... Read More »

Tribute To Dipo Famakinwa

By Hakeem Jamiu As the Senior Special Assistant (SSA), Research & Documentation, to former Governor Kayode Fayemi of Ekiti State, the lot fell on me to treat and recommend proposals to the Governor who would also send same to me for advice. One of the proposals sent to me and the SSA, Policy and Strategy, Dr. Femi Akinola, by the ... Read More »

Is The National Open University Back To The Dark Ages?

  By Ahmed Abdullahi A ubiquitous trend in all human species and societies is a constant desire for change – change from bad to good, and good to better. It is a desire that has fuelled decades of development and propelled advancements in science, medicine, technology, arts etc. Change however is not always progressive. There exists the propensity for change ... Read More »

Not Against The Run Of Play

      By Azu Ishiekwene If, like me, you supported a change of government in 2015 and have been asking yourself why, then you should read the new book by leading columnist and Chairman of ThisDay Editorial Board, Olusegun Adeniyi.   Adeniyi’s book, entitled, “Against the run of play,” is the most eloquent single contemporary repository of why former ... Read More »

Unusual Romance: Emmanuel Macron, French Presidential hopeful (37) and wife Brigitte (63)

…..From teacher’s pet to teacher’s husband to French president? Independent candidate Emmanuel Macron is the favourite to win the presidential election as he is likely to face off against either Francois Fillon or Marine Le Pen, in the runoff stage of the vote. But the 39-year-old Emmanuel Macron, who is running as an independent despite having served as minister of ... Read More »