Anambra 2010:Tension grips residents
By PAMELA EBOH, Awka
and CHUKS EHIRIM, Abuja
PALPABLE anxiety presently pervades the Anambra air, as the clock ticks
towards the defining moment in the politics of a State, whose indigenes
prefer 'Light of the Nation' as their state's soubriquet.
This Saturday's governorship election will definitely shed the much
desired light on the shape of things to come in the country's next
major polls slated for 2011, as the citizens of the country battle
cliques of people who would go to any length to grab power... FULL STORY...
Smuggling groups takeover
By EMEKA IBEMERE
THE losing battle the country is currently waging against corruption
among its uniform men has again reared its ugly head in the guise of
some men of the Nigerian Customs, who have been fingered as the brains
behind a thriving smuggling ring in the Lagos metropolis surburb of Iba.FULL STORY...
Fraud allegations:Ohakim beats
WHISTLE blower on Imo Governor, Ikedi Ohakim's alleged misdeeds,
Samuelson Ikenna Iwuoha claims been brutally assaulted personally by
the State's Chief Executive Officer for daring to soil his name. The
no-holds-barred critic of Ohakim's government, who has authored over
340 articles bearing allegations of fraud going on in the Imo State
Under siege from the Government House security for a long time,
Samuelson's recent ordeal, sources say is allegedly targeted at
intimidating and silencing him ahead of an imminent probe of the
financial FULL STORY...
Jonathan's presidency :NANS gives Yar'Aadua
Jos crisis latest: Senator makes case for
state of emergency
Ekwunife leads the pack in opinion poll
Late Pa Ozurumba buried
DTSG commiserates with Esiri family
Don't allow PDP to truncate democracy, ANPP
Graham Douglas cautions FEC on Yar'Adua
is not among guinea worm-free countries Osotimehin
Gov. Ohakim accused of tearing PDP apart
FCT minister frowns at delay of cases in
Rep awards scholarship to indigent students
Rainstorm kills boy, 5, in Jesse
FG blamed for incessant religious crisis in
Candidates poised for peace pact
Gov Sheriff approves N44.4m for Borno
Katsina prays for Yar'Adua
PDP stalwart harps on peace for dev.
Council boss warns against rumour mongering
2011: No exclusive claim to Osun
governorship Liad Tella
TUC tasks FG on protracted fuel crisis
Muslim Forum condemns Jos crisis
Aganbi backs Uduaghan for 2011
CAN disburses N2m to christian victims of
Boko Haram insurgence in Borno
Youths cautioned on negative acts
Breweries stays NSE most capitalised company
By OLUTAYO OLUBI
NIGERIAN Breweries Plc remains the most capitalised public
quoted company in Nigeria
with a market capitalisation of N400.9 billion.
This was disclosed in Stakes
a review of the top quoted companies
published by Stakes
Capital Limited. The review profiles the current and the most recent
happenings in the companies.
The quarterly release was conceived to provide a ranking comparison of companies
listed on the Nigerian Stock Exchange (NSE).
The brewery giant led the group of 55
in the fourth quarter of 2009. First Bank Nigeria
Plc and Zenith Bank Nigeria
Plc followed with a market capitalisation of N347.3 billion and N341.6
Guaranty Trust Bank Plc moved up to the fourth position from fifth
position it held in the previous review with N292.7 billion, leaving
the position for United Bank for Africa Plc which has N232.7 billion.
The sixth to tenth position were occupied by Guinness Nigeria
Plc, N188.05 billion, Dangote Sugar Refinery Plc, N181.2 billion,
Plc, N158.2 billion, StanbicIBTC Bank N140 billion and Access Bank Plc,
The review stated that the combined value of the top 55
dropped by 4.1 per cent or N180 billion from N4.4 trillion in the
preceding quarter to N4.23 trillion.
The value of the 55
was 89.5 per cent of the total market capitalisation of the first tier
equities listed on the NSE as at December 31, 2009.
The Gold Club, which represents the top 10 ranked companies,
fell by 3.75 per cent or N100 billion to N2.4 trillion as against N2.5
trillion in the last quarter.
Plc lost its position in the Gold Club to Nestle Nigeria
Plc and StanbicIBTC Bank Plc, which moved to the eighth and ninth
positions respectively. Access Bank Plc moved up three places to join
this quarter's club of top ten most capitalised companies
to make six the number of banks in the cadre.
The top 55
club is led by banks which constitute 32.7 per cent, 16.36 per cent
Food/ Beverages and Tobacco subsector, 11 per cent to the Insurance
subsector, 11 per cent also to the Petroleum Marketing.