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 5)

NEWS ANALYSIS

Piano and Drums for Gabriel Okara at 96

By Cyril Abaku I had set out to title this tribute as The Long Life of Poetry: Gabriel Okara at 96. But, just as soon, a second overwhelming nudge rebuked me with the recollection that, the celebrator himself, in the path-finding iconoclasm that has characterised his poetic craftsmanship for more than six decades, had long provided a caption in the ... Read More »

Sanusi: Herdsman, Iconoclast Or Pretender?

Azu Ishiekwene Sarkin Kano, Sanusi Lamido Sanusi, is in the eye of the storm and it seems the only way he can overcome it is to remain controversial. I was at an event in Lagos in October where he was also present as special guest. In an extempore speech, he said he had decided to stay out of the headlines, ... Read More »

UBA: From Good To Great

United Bank for Africa (UBA) Plc is on the top list of companies with well-rounded performance. UBA’s top-of-the-chart performance at the stock market combines with considerable growth in all key fundamental indicators to make the bank the best performing banking stock in recent period. Capital Market Editor Taofik Salako, in this report, reviews the interplay of fundamental earnings and share ... Read More »

Let’s talk about sex

…. A response to Sonnie Ekwowusi’s ‘Sexualisation of Children: Matters Arising’. Bisi Adeleye-Fayemi On Wednesday April 12th, Sonnie Ekwuwosi wrote an article that was published in This Day Nigeria newspaper called‘Sexualization of Children: Matters Arising’. It did not come as a surprise to me because he has been frantically circulating his sensationalist claims about adolescent sexuality, sex education and the ... Read More »

Dogara, El-Rufai And Security Vote

Azu Ishiekwene Speaker Yakubu Dogara meant it as a joke. When he dared Kaduna State Governor, Nasir el-Rufai, to remove the log in his own eye by publishing the state’s security vote and how local government funds were disbursed, Dogara was sure it would be over the governor’s dead body. The graveyard of Nigerian politics is littered with presidents and ... Read More »

Communique issued at the end of the 14th monthly meeting of the Honourable Minister of Power, Works and Housing with operators of the Power Sector, held on Monday, April 10th, 2017 at National Control Centre, Osogbo

1. Introduction The Honourable Minister of Power, Works and Housing, Babatunde Raji Fashola (SAN) chaired the fourteenth monthly meeting of operators in the electricity industry. The meeting was hosted by the Transmission Company of Nigeria at its National Control Centre, Osogbo. The Governor of Osun State, Ogbeni Rauf Aregbesola and the Deputy Governor of the State, Otunba Grace Titilayo Laoye-Tomori ... Read More »

Why Fayose’s ‘business’ must be finished

By Femi Odere The governor of Ekiti State, Mr. Ayodele Fayose may have seen his own government in an apparition which may have jolted him back to the land of the living where he had cried out on the pages of the nation’s newspapers and on the airwaves that Dr. John Kayode Fayemi is the “bogeyman” who should be held ... Read More »

PMB: An elixir for Nigeria’s aviation

By Louis Okoroma Many Nigerians would be ready to roll up their sleeves for a heated debate or even a fight, pertaining to the fact whether the advent of the administration of President Muhammadu Buhari in May 2015, meant change and progress for Nigeria or not. That this debate would be heated or even turn into a brawl is in ... Read More »

The LGBT and suicide

​By Tony Ademiluyi ​The American Psychological Association scored a pyrrhic victory in 1973 by embarking on a successful lobby that saw the removal of being gay as part of mental health cases. Fast forward more than four decades later, have the suicide rates among the gay community reduced? A survey published in FS magazine surveyed over six hundred men to ... Read More »

Welcome Address by Senator Udoma Udo Udoma (CON) Honourable Minister of Budget and National Planning at the launch of the Economic Recovery and Growth Plan) (ERGP:2017-2020) at the Council Chambers, State House, Abuja on Wednesday, 5th April, 2017

PROTOCOL It is my pleasure to welcome you all to this brief ceremony at which the President, Muhammadu Buhari, will formally launch the Nigeria Economic Recovery and Growth Plan (ERGP: 2017-2020). 2. Let me thank His Excellency, President Muhammadu Buhari, for his leadership and his inspiration and guidance in the development of this Plan. Right from when he was campaigning ... Read More »