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      Broad Street Journal is published weekly by TELL Communications Limited     Saturday, July 31 2010
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
 
 
 
 
 
G-20: Nigeria’s New Begining
With an invitation to attend the G-20 summit in Canada later this month, Nigeria seems to have broken the wall of exclusion from the rest of the world in several years
 
  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
CBN`s New Agenda
The Central Bank of Nigeria plans to adopt new reforms aimed at strengthening the nation`s economy
Aviation
Tackling the Birdstrike Menace
Although there is no permanent solution to ending birdstrikes incidents, airline operators believe that a new agreement put in place may change the tide
Market
Steady Progress
Crucial indicators of the performance of the capital market assumed an upward movement in May 2010
 
A Boost for CSR
Maggi`s Heart of Gold
   
Government and Policies
Rumblings from the Creeks
The Movement for the Emancipation of the Niger Delta, MEND, has threatened to resume hostilities, insisting that President Goodluck Jonathan is not committed to pursuing the Niger Delta amnesty programme
Industry
Coming Back to Life
Plans by the federal government to release the second tranche of the textile bail out fund shows its commitment to inject life into the ailing industry By Funke Oduwole
 
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
 
Operators, Not Regulators, Are the Problem of Aviation Industry
Cooperation is one major thing we need to achieve in the industry because the moment NCAA certifies an aircraft, then it is airworthy. So there is no reason why we cannot have ticket exchange and have a central control room whereby we do clearing like it
Commentary

     
Motoring
CFAO’s Auto Show: First of Its Kind
CFAO Motors showcases its strength as the leading conglomerate in the nation’s automotive business
Infotech
Nokia Excites Customers
With the commissioning of a new care centre in Lagos, Nigeria, Nokia widens access to environmentally friendly Take Back scheme By Chikodi Okereocha
Media
Partnership for Growth
Media Perspectives signs affiliation agreement with Carat, world’s leading media group, repositions for world-class services By Salif Atojoko
     
GZ Industries Opens Plant
 
LBS Ranks Among Top Schools
LBS Ranks Among Top Schools
 
Main One Signs Deal with Huawei
LBS Ranks Among Top Schools
 
 
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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