Dtn 1 5 17

Page 1

THE

DAILY

TIMES

NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts

NSE QUICK BITE

dailytimesng

Investors doubt Naira float on new FX window

Motolani Oseni

ÏÏÏ As the Central Bank of

Nigeria (CBN) intensifies efforts to address challenges associated with foreign exchange market by creating a new forex window to ease the dollar shortage choking the country, investors are skeptical over floating of the Naira on the new policy. The CBN opened a foreign-exchange window for investors and exporters last Monday where the

naira traded between the interbank rate and the black market rate, which many Nigerians use to access dollars. In the weeks before the opening, the CBN Governor, Godwin Emefiele, was said to have told senior bankers that he would tolerate a weaker naira and allow the market to determine the rate within the new window. While the initial market reacContinued on page 7

MONDAY, MAY 1, 2017 VOL. 3. NO. 353

www.facebook.com/dailytimesngr

GAINERS AS AT April 28, 2017

N150

LOSERS AS AT April 28, 2017

Osinbajo panel: Lawal, Oke know fate this week GUINNESS

60.00

60.01 0.02%

WAPCO

48.50

50.92

4.99%

JBERGER

41.95

39.86

-4.98%

Ï M9 #1ô ƅƐƈ ƒƈ Ƌ ƐƆ ƆƔƐ Ɛ ƏƑƋƆ éd ƑƏƅƆ Ï ^ ƆƋ Ɠ ƈƐ dƆ ƐƆ Ƈƈ Ƌ ƏƆƍ ƏƐ Ƒ ƍƆ ƗƆƗ d10 Ï G ƓƕƆƏ Ɠ Ɛ ƑƏƐ Ɛ Ɨƈ ƅƋ Ɔ Ɠ ƆƏæ ç Ƈ R Ƅ Ə Ɔ ƅ Ï `Ɔƍ ƏƐ Ƈ ƍƏ ƄƆ ƍ ƆƋ M9 ƑƋƗ Ɛ ƄƆ ƌ ƗƆ ƍƑƄƋƈƅ - Prof. Akinyemi

ETI

7.80

7.71

-1.15%

Tony Amokeodo Abuja and Peter Fowoyo, Lagos

ÏÏÏ Barring any unforeseen circumstances, President Muhammadu Buhari will this week determine the fate of the suspended Secretary to the GovContinued on page 6

May Day: RƑƏ ƐƏƑ ƋƆ ƓƈƋƋ ƏƆƗƑƅƆ Ɠ ƏƊƆƏ ô ƍ ƒƆƏƐƕ Ə ƐƆ - NLC, TUC 6 IGP’s refusal to compromise, reason for Wike’s blackmail é `ƈƒƆƏ ^ 12

Gé`ë dƆ ƈ Ə dƍƆƅƈ Ƌ ƈ Ɛ Ɛ Ɛ Ɛ Ɔ ^ƏƆ ƈƗƆ Ɛ LƆƗƈ è L Ƌ ƌ 1 ƏƄ d Ɔ Ƒì ^ƏƆ ƈƗƆ Ɛè Mƈ ƆƏƈ n ƈ Ƈ C ƑƏ Ƌƈ Ɛ æMnCçè ƌƏ ƗƆ z ƆƆƗ RƗƑ ƈƋƆì Ƈ ƏƌƆƏ ^ƏƆ ƈƗƆ Ɛè MnCè L Ƌ ƌ d ƈ ƏƏ ì R Ƒ dƐ ƐƆ 1 ƒƆƏ Əè dƆ Ɛ Ə 9ƄƈƊƑ ƋƆ ƌ Ƒ ì Ɨ ƏƆƍƏƆ Ɔ Ɛ ƐƈƒƆ Ƈ Ɛ Ɔ 0 j Lƈ ƈ ƐƆƏè #Əê Ɖ Ɗ ƈƕƆè Ɠ Ɔ Ɛ Ɔ ƒƆƏ Ə Ɠ ƑƏƆƗ Ɛ Ɔ 1 ƒƆƏ Ə Ƈ Ɛ Ɔ Ɔ Əè ƗƑƏƈ Ɛ Ɔ Ɠ ƏƗ Mƈ Ɛ Ɨ 9 ƒƆ ƐƈƐƑƏƆ Ə ƈ ƆƗ Ƅƕ Ɛ Ɔ MnC ƈ ƄƑƉ Č Ɛ Ɛ Ɔ ƓƆƆƊƆ Ɨê

The making of DTN Awards winners L2&L3 ^ ƋƈƅƆ ƏƏƆ Ɛ ƆƔéCƈ Ɠ ƒƆƏ Ə 6


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