THE
DAILY
TIMES
NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts
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Ikpeazu appeals for calm in Aba, assures residents of safety Ï Charley Boy, Adeyanju condemn invasion of Kanu’s house, militarisation of S’East
Sunny Nwakanma, Umuahia & Myke Uzendu, Abuja
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Abia State Governor, Dr. Okezie Ikpeazu, has urged the Hausa/Fulani community in the state to be calm, noting that the disturbances in Aba on Tuesday involving soldiers and some members of the Indigenous
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People of Biafra (IPOB) had been kept under control. This is coming on the heels of condemnation of the military’s invasion of the South East, the destruction of the Nigeria Union of Journalists (NUJ) secretariat as well as the high military presence at the residence of the leadContinued on page 6
THURSDAY, SEPTEMBER 14, 2017 VOL. 3. NO. 449
N150
GLOBAL FINANCIAL/COMMODITY MARKETS
CURRENCIES/CBN: CBN: N306.00 PER DOLLAR, Parallel Market: USD N367 POUND N476 EURO N436 NSE: ASI 35, 464.34 MARKET CAP 12.22 FMDQ O/N 19.88 OBB 19.33 COMMODITIES: Wheat US $426.00/MT Rice US $12.74/MT Cocoa US $1,999.00/Bag Coffee US $133.55/Scoop Cotton US $70.08/Unit Sugar US $14.30/Ounce METALS: Gold US $1326.40/Ounce Silver US $17.67/Ounce Copper US $2.96/Ounce ENERGY: Brent US $54.95/PB, N/Gas US $3.06/CB
NPLs: How banks violate CBN’s 5% threshold -Investigation Ï High interest rate deter loans’ re-payment Ï Non-performing loans impact investors’ worth Ï ‘Banks must keep bad loans at minimum to succeed’
Afolabi Adesola, Lagos
ÏÏÏ Nigeria’s commercial banks’ ability to provide capital and stimulate Continued on page 5
Controversy as unions oppose Lagos, Abuja airports’ concession 7 Anambra primary: Andy Ubah, 8 guber aspirants want APC to nullify Nwoye’s victory 6 Judiciary under my watch will fight corruption to standstill –CJN 5
L-R: Acting Secretary to the Government of the Federation, Hajiya Habiba Lawal; Minister of Women Affairs and Social Development, Sen. Aisha Alhassan and Vice-President Yemi Osinbajo, during the Federal Executive Council meeting in Abuja… on Wednesday.
Restructuring: Northern Govs to hold town hall meetings 7