THE
DAILY
TIMES
NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts
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Economic recovery: Analysts canvass privatisation, capital project as panacea Ï Say if exit is poorly managed, recession could recur again Ï ‘Nigeria only out of recession technically’
Motolani Oseni and Temitope Omoniyi
ÏÏÏ As Nigeria, Africa’s largest
economy was believed to have exited its worst recession in 29 years on Tuesday, financial analysts have urged the Federal Gov-
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ernment to focus more on privatisation of its major sectors, while also continuing with its capital growth projects’ funding, so as to sustain its vision for economic recovery. The latest economy report from the National Bureau of StaContinued on page 6
THURSDAY, SEPTEMBER 7, 2017 VOL. 3. NO. 443
N150
GLOBAL FINANCIAL/COMMODITY MARKETS
CURRENCIES/CBN: CBN: N305.90 PER DOLLAR, Parallel Market: USD N365 POUND N470 EURO N431 NSE: ASI 35, 609.07 MARKET CAP 12.27 FMDQ O/N 11.00 OBB 10.33 COMMODITIES: Wheat US $425.00/MT Rice US $12.50/MT Cocoa US $1,940.00/Bag Coffee US $126.50/Scoop Cotton US $75.60/Unit Sugar US $14.19/Ounce METALS: Gold US $1345.70/Ounce Silver US $17.92/Ounce Copper US $3.12/Ounce ENERGY: Brent US $54.05/PB, N/Gas US $3.02/CB
Alleged corruption: Anxiety as EFCC denies probing CJN Ï Says it’s plot to cause disaffection between agency, judiciary Ï I’m not under any investigation, CJN insists Ï Lawyers raise the alarm over plans to denigrate judiciary
Andrew Orolua, Francesca Iwambe, Abuja
ÏÏÏ Anxiety is now trailing a report by one of the
national dailies (not The Daily Times) which on Wednesday claimed that the Economic and Financial Crimes Commission Continued on page 5
Report on recession exit not politically motivated - NBS 7 Minister dares FG, says she’ll back Atiku even if Buhari is 7 contesting in 2019 Omatec Computers’ collapse: Agency absolves self of complicity 6
President Muhammadu Buhari and his wife, Aisha, departing Daura in Katsina State for Abuja after Eid-el-Kabir celebration… on Wednesday. President and wife, alighting in Abuja.
Strike: FG, ASUU continues 5 negotiation today