THE
DAILY
TIMES
NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts
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We’ll address infrastructural deficit, stop rice importation – Buhari
Ï Saraki, Dogara, Govs, others optimistic of great Nigeria in 2018 Johnson Ayantunji (Lagos), Mathew Dadiya and Henry Omunu (Abuja), Charles Onyekwere (Abakaliki) and Kehinde Akinpelu (Ilorin)
ÏÏÏ President Muhammadu Bu-
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hari has assured Nigerians that the 2018 is pivotal to country’s quest for change stressing that no act of unpatriotism will divert his administration from the course “we have set ourselves.” Buhari, who stated this today Continued on page 6
MONDAY, JANUARY 1, 2018 VOL. 3. NO. 539
N150
GLOBAL FINANCIAL/COMMODITY MARKETS
CURRENCIES/CBN: CBN: N305.90 PER DOLLAR, Parallel Market: USD N363 POUND N475 EURO N421 NSE: ASI 36, 930.83 MARKET CAP 12.78 FMDQ O/N 38.92 OBB 37.50 COMMODITIES: Wheat US $427.60/MT Rice US $11.22/MT Cocoa US $2,099.00/Bag Coffee US $125.90/Scoop Cotton US $68.61/Unit Sugar US $14.41/Ounce METALS: Gold US $1272.90/Ounce Silver US $16.79/Ounce Copper US $3.15/Ounce ENERGY: Brent US $63.10/PB, N/Gas US $3.09/CB
External reserves gain $12.9bn in one year
Ï Nigeria’s reserves rise to $38.73bn despite Forex intervention Motolani Oseni, Lagos
ÏÏÏ As
2017 winds down
giving way to 2018, Nigeria’s external reserves have recorded total gain of nearly 50 per cent or $12.9 billion in one year, despite
continuous interventions by the Central Bank of Nigeria (CBN) in recent times to support the local currency, findings by The Daily
Times revealed. The external reserves, which was seen at $25.8bn Continued on page 5
CEO, CIG International/ GAC Motors, Chief Diana Chan (second left); Miss Nigeria, Miss Mildred Ehiguese; Chairman, Folio Media Group/ Publisher, Daily Times Nigeria, Mr Fidelis Anosike and others during the presentation GAC vehicle to Miss Nigeria at the Eko Convention Centre... in Lagos
Ogoni cleanup: HYPREP begins implementation of 5 UNEP Report
Jega hails Tambuwal, decries FG’s low budgetary allocations to education 5
Rivers 2017 Budget not secret document, state govt insists 6
TETFund sensitizes 187 higher institutions over access to funds 7
Principal Consultant/Chief Executive Officer, NECCI Limited, Nkechi Ali-Balogun, during the presentation of Lifetime Achievement Award by the Nigerian Institute of Public Relations (NIPR)... in Lagos.