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      Broad Street Journal is published weekly by TELL Communications Limited     Monday, February 06 2012
Stock Market Report (6th of April 2010): Conoil-Open: 40.00k, Close 40.10k : NASCON-Open: 6.80k, Close 7.41k : Guiness-Open: 130.00k, Close 133.00k : GTBank-Open: 18.91k, Close 21.00k : FTN Cocoa-Open: 0.91k, Close 0.93k
 
 
 
 
 
New Dawn at the Ports
Apart from inching closer to the target of 48 hours clearance of goods at the ports, the streamlining of agencies in ports across the country as well as other interventions by the federal government result in major revenue boost and improved service deliv
 
  Health News
Unending Battle Against Smoking
Several countries launch a multi-pronged battle to curb smoking and promote healthy living By Funke Oduwole
 
Rescuing a Dying Hospital
Ayinke House, the waning maternity wing of Lagos State University Teaching Hospital, is waiting to be touched by the wind of structural development going on in the health care sector in Lagos State By Funke Oduwole
 
 
  From the Broad Street
Top Gainers( 31/05/10—06/06/10 )
Company
Opening Value
Closing Value
Change
Change(%)
Dividend

Conoil

40.00 40.10 0.10 0.25 ----

NASCON

6.80 7.41 0.61 8.97 0.40

Guiness

130.00 133.00 3.00 2.30 ----

GTBank

18.91 21.00 2.09 11.05 1.00
   
 
Banking
The Burden of Regional Banking
As Wema Bank slides back into regional banking, there are concerns over the future of the bank
Aviation
Worrisome Aviation Face-Off
Slot allocation and Bilateral Air Services Agreement have not only exposed the weakness of Nigerian carriers in the international aviation arena, but signal the need to urgently revive the domestic aviation industry
Market
Row in the Market
Stakeholders in the capital market are restive over recent measures introduced by the management of the Nigerian Stock Exchange to boost transactions and attract foreign investors By Abiola Odutola
 
A Boost for CSR
Maggi`s Heart of Gold
   
Government and Policies
Fears Over Pension Fund
Despite an estimated N2.8 trillion total contribution by 4.3 million workers under the new pension scheme, there are rising concerns over default in remittance, poor return on investment and several other challenges
Industry
The Road to Self Sufficiency in Cement
Fresh from an impressive financial performance by companies under the Dangote Group, Dangote Cement concludes plans to commission a new cement plant in Ibese, Ogun State, as part of the strategy to achieve self-sufficiency in cement production and end the
 
TOP LOSERS Market Summary (download complete list)
Company Opening Value Closing Value Change Change(%) Dividend

Eterna Oil

5.24 5.21 0.03 2.04 0.08
Intercon Wapic 0.98 0.97 0.01 1.02 0.03

Big Treat

0.81 0.74 0.07 8.64 1.30
CBN Exchange rate (28/05/2010)
Currency Buying(NGN) Central (NGN) Selling
CFA 0.2846 0.2946 0.3046
Pounds 220.4197 221.1679 221.9161
US Dollars 147.3 147.8 148.3
Euro 196.7192 197.387 198.0547
   
Interview
 
CBN Reforms Not Impactful Enough
Throughout his working career, Sebastian Owuama has worn two caps: a military officer and an accountant. He was commissioned into the Nigerian Army on December 27, 1976, shortly after he obtained a degree in Accountancy
Commentary

     
Motoring
New improved Optima
Kia Motors whets the appetite of automobile freaks with its all-new Optima
Infotech
War Against Fake Phones
Various anti-counterfeit campaigns and advocacy led by Nokia in partnership with the regulatory authorities result in a significant drop in the market share for manufacturers of fake and counterfeit mobile phones in Nigeria
Media
Partnership for Growth
Media Perspectives signs affiliation agreement with Carat, world’s leading media group, repositions for world-class services By Salif Atojoko
     
Bending the Rules
 
The Samsung Contest
 
Honour to an Accomplished Banker
 
 
Not Wanted on Voyage
Not Wanted on Voyage
 
A Menagerie of Monikers
“Tiger” economies were instantly recognisable in the 1980s as ....
 
 
Less is Moore
The most visible manifestation of this trend is the rise of the netbook, or small, low-cost laptop. Netbooks are great for browsing the web on the sofa, or tapping out a report on the plane
 
 
Ghana Plays Down Vodafone Report
The Ghanaian government has distanced itself from a report produced by a committee it set up to scrutinise the sale of its telecoms firm to Vodafone
 
Hong Kong Flat `Most Expensive`
A wealthy Chinese buyer has snapped up a luxury Hong Kong apartment for $57 million, thought to be a record price
 
Hong Kong Flat `Most Expensive`
A wealthy Chinese buyer has snapped up a luxury Hong Kong apartment for $57 million, thought to be a record price
 
 
     
 
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