THE
DAILY
TIMES
NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts
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NNPC, DPR intensify raids on errant filling stations
Ï Saraki recalls Senate Committee on Petrol Ï Kachikwu denies writing Buhari Idu Jude,
Abuja
ÏÏÏ The
combined team of officials of the Nigerian National Petroleum Corporation (NNPC)
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and the Department of Petroleum Resources (DPR), led by the Group Managing Director of the NNPC, Dr. Maikanti Baru, has heightened the tempo of unscheduled Continued on page 6
FRIDAY, DECEMBER 29, 2017 VOL. 3. NO. 538
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
FAAC: How FG, states, LGAs share N5.66trn in 2017 Motolani Oseni, Lagos
ÏÏÏ The
Ï Distributes highest N652bn in June, lowest N415bn in April
Federal Government, 36 states of the federation including Abuja and the 774 local government areas shared a whopping Continued on page 5
Lagos State Governor Akinwunmi Ambode (middle); Special Adviser to the Governor on Tourism, Arts & Culture, Mrs. Aramide Giwason (2nd right); members, Lagos State House of Assembly, Epe Constituency II, Hon. Segun Olulade (right); Epe Constituency I, Hon. Abiodun Tobun (left) and Attorney General and Commissioner for Justice, Mr. Adeniji Kazeem (2nd left), during the 2017 One Lagos Fiesta in Epe.
4 killed, 36 others escape in Akwa Ibom jail break 7
How soccer star George Weah won Liberia presidential election 8
Medview Gatwick, Dubai-bound passengers stranded at MMIA 5
Economy: Lagos records N50bn cash transaction increase in 4 weeks B3