Below are the headlines found on The Nation Online Newspaper for today, Monday, 18 September, 2017.
Mon, 18 Sep 2017
After their silver medal exploit at the just concluded 2017 Afrobasket tournament, D'Tigers will return home in the early hours of Monday with the exception of team captain, Ike Diogu who will head for United State of America due to family commitments. The delegation which will be led by the President of the Nigeria BasketballRead MoreThe post Silver winning D'Tigers to arrive today appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
The Police and the Lagos Neighbourhood Safety Corps (LNSC) have arrested a teenager, Afolabi Omotoyosi, and 16 others for alleged cultism related offences in Mushin. Omotoyosi, a Junior Secondary School (JSS III) pupil, was alleged to be the leader of a cult group. He was said to have been armed with cutlasses and knives duringRead MoreThe post Teenager, 16 others held for alleged cultism appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
When a Nigerian army calls its operation Python Dance, it may make sense anywhere else in the country but the Southeast. In Igboland, it makes abomination. The army reflected either a disgraceful lack of cultural education or an impunity of desecration. The python is a sacred animal in Igboland. To launch an offensive against crimeRead MoreThe post Desecration appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Looters, opposition behind group' IYC urges talks IPOB chief 'in Southeast' The Federal Government yesterday alleged that the opposition was fuelling the Independent Peoples of Biafra (IPOB) rebellion to distract the Buhari administration and destabilise the country. Urging Nigerians to be vigilant and resolute, Information and Culture Minister Lai Mohammed said the evilRead MoreThe post Why we clamped down on IPOB, Kanu, by Fed Govt appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
The Special Assistant to President Muhammadu Buhari on Prosecution, Okoi Obono-Obla has described as uniformed the argument that the military deployment in the South-east amounted to an invasion of the region. He argued that the President, by authorising such a deployment, acted within his powers as provided in the Constitution and was bound to doRead MoreThe post Presidency: military deployment in Southeast not invasion appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Investigators access ex-ministers mansions in Dubai Nigeria is set to activate one of the agreements it signed with the United Arab Emirates to seize some mansions traced to former Oil Minister Diezani Alison-Madueke, The Nation learnt at the weekend. Besides, the Economic and Financial Crimes Commission (EFCC) has traced about $1.5billion believed to be proceedsRead MoreThe post Diezani: EFCC traces $1.5b to Swiss bank appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
The Africa Finance Corporation (AFC) has said Nigeria needs $3 trillion to fix huge infrastructure deficit in the country over the next three decades. The AFC President/Chief Executive Andrew Alli, who disclosed this at the weekend during a news conference in Lagos, also called on government to allow cost-reflective tariffs so as to boost powerRead MoreThe post AFC: Nigeria needs $3tr to fix infrastructure appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Travellers abducted again in Ondo The Ondo State Police Command has reportedly rescued three victims in a bush at Oba-Akoko in Akoko Southwest Local Government Area. The three were among five persons abducted penultimate Thursday by gunmen during their journey from Southeast to Abuja. The police said they also rescued a groom, Moses Yakubu, andRead MoreThe post Groom, others freed in Ondo appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
The Ogun State government will host the 11th National Council on Environment in Abeokuta, the state capital, between October 16 and 18. Secretary to the State Government (SSG) and Chairman of the Local Organising Committee (LOC), Taiwo Adeoluwa, spoke in Abeokuta after a meeting with representatives of the Federal Ministry of Environment. The event, whichRead MoreThe post Ogun to host conference appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Governor, Hunkuyi reconcile, affirm party unity Kaduna State Governor Nasir El-Rufai and the lawmaker representing Kaduna North, Senator Suleiman Uthman Hunkuyi, at the weekend settled their differences. They preached unity and supremacy of All Progressives Congress (APC). The reconciliation took place at the Kaduna APC stakeholders interactive session, at Umaru Musa YarAdua Hall, Murtala MohammedRead MoreThe post Kaduna APC endorses Buhari, El-Rufai for 2019 appeared first on The Nation Nigeria
Mon, 18 Sep 2017
The Manufacturers Association of Nigeria (MAN) has opposed moves by Morocco to be admitted into the Economic Community of West African States (ECOWAS). MAN, at its 45th annual general meeting (AGM) in Lagos yesterday, warned the Federal Government against supporting Morocco. It noted that the admission of the North African country will be disastrous forRead MoreThe post 'Nigeria must not back Morocco's admittance into ECOWAS' appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Spokesman: They should be patient, we'll pay soon Aggrieved contractors and Conoil Producing in Koluama community in Southern Ijaw Local Government Area of Bayelsa State are in a row over unpaid N400 million debt. The contractors have threatened to shut down operations, if the firm failed to pay them. The indigenous contractors, under the aegisRead MoreThe post Firm, contractors quarrel over unpaid N400m debt appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Union Bank of Nigeria (UBN) Plc has concluded arrangements to float its N50 billion rights issue on Wednesday as the first generation bank seeks to regain its leadership in the banking industry. Union Bank plans to raise N49.745 billion from existing shareholders through a rights issue of 12.133 billion ordinary shares of 50 kobo eachRead MoreThe post Union Bank floats N50b rights issue Wednesday appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
The inability of investment firms and stockbrokers to access amenable funds is threatening efficient settlement at the Nigerian equities market. Also threatening the market is the constriction of the income sources and portfolio of most operators Many stockbroking firms and stockbrokers have been found to be carrying out transactions at the market without adequate fundingRead MoreThe post Liquidity squeeze threatens settlement at equities market appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Provides N1m cover for NBA members Leadway Assurance has reiterated its commitment to provide insurance protection to practicing lawyers, who are members of the Nigerian Bar Association (NBA). The provision of insurance cover, Leadway said, was based on its partnership with the NBA for the week long 2017 NBA General Conference, which held in Lagos.Read MoreThe post Leadway Assurance reiterates commitment to lawyers appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Nigeria, South Africa and Egypt are facing increasing competition for investment from Kenya and Ethiopia, a newly released Africa Risk-Reward Index, has said. The Africa Risk-Reward Index provides investors with a synthesis of risks and opportunities across the African continent. The Index was developed by Control Risks and Oxford Economics. Control Risks is a globalRead MoreThe post 'Kenya, Ethiopia compete with Nigeria for investment' appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Increase of share capital will be one of the major discussions that will dominate Sovereign Trust Insurance Plc 22nd Annual General Meeting (AGM), scheduled for September 21, 2017, it was learnt. The company's Corporate Affairs Manager, Segun Bankole, said the AGM followed approvals for its 2016 Annual Report and Accounts by the various regulatory authorities.Read MoreThe post STI to increase share capital at AGM appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Nigeria's power quality has improved tremendously. meeting the standard required by the West African Power Pool (WAPP), it was learnt. The Acting Managing Director/Chief Executive, Transmission Company of Nigeria (TCN), Mr. Usman Gur Mohammed, said the Federal Government has worked to achieve that feat. According to him, before now, the power that comes from NigeriaRead MoreThe post Nigeria improves power quality to WAPP standard appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Underwriting firm, Linkage Assurance Plc, is committed to helping small and medium enterprises survive business challenges and grow into the future, its Managing Director, Dr. Pius Apere, has said. He made this known while speaking with newsmen in Lagos. According to him, the company through one of its newest products, 'SMEComprehensive Insurance Plan', provides financialRead MoreThe post Linkage offers survival for SMEs appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
The Federal Government will be raising N100 billion through the Sovereign Sukuk, also called Islamic Bonds offer which opened on Thursday September 14, to close this Wednesday. The fund will be used for the construction and rehabilitation of sections of key economic roads across the six geopolitical zones in the country. The Federal Ministry ofRead MoreThe post N100b Islamic bonds raise hope for better infrastructure appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
In a bid to meet the general needs of its members, the Association of Registered Insurance Agents of Nigeria (ARIAN) has secured a befitting secretariat located at 187 Ikorodu Road, Palmgrove, Lagos. Its President, Olamerun Gbadebo, at a press breifing to unveil the office, noted that the training room within the office will be usedRead MoreThe post ARIAN gets new secretariat, plans housing estate appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Nigeria's road to self'sufficiency in cement has been long and tortuous. But her chances of achieving the target may have been brightened by the investment of $1 billion in Obu Cement Plant in Edo State by the BUA Group. Asst Editor OKWY IROEGBU-CHIKEZIE writes that the massive investment could change the economic landscape of theRead MoreThe post Cement self-sufficiency: BUA's $1b investment to the rescue appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Unity Bank Plc has supported the Central Bank of Nigeria's (CBN's) initiated Commercial Credit Scheme (CACS) with N24 billion disbursed to farmers. The bank said it sees agribusiness as its major strategic business focus and has effectively keyed into various intervention fund by Federal Government and CBN to boost agriculture. The lender said its commitmentRead MoreThe post Unity Bank commits N24b to commercial agric credit scheme appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
It is incredible that stamp duties are not paid into govt coffers despite cash crunch According to the latest report of the National Bureau of Statistics (NBS), Nigeria has only just exited, no matter how fragilely, the most severe economic recession she has experienced in the last two decades. The roots of the country's slideRead MoreThe post N20trn unremitted' appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Utmost restraint on both sides; definitely not show of force, is the way out It is unnerving that the presidency has chosen the path of deathly show of force in handling the testy matter of Nnamdi Kanu's so-called Indigenous People of Biafra (IPoB). Last week, the Nigerian Army hierarchy had announced what it terms 'OperationRead MoreThe post Managing IPoB appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
SIR What we have in our hands today is a nation in dire need of help and rescue. Nigeria is currently plagued by loads of existential challenges such as ethnic strife, mass hysteria, rising violence and other numerous vices. It appears the gods are angry with us. Things are gradually falling apart. This is certainlyRead MoreThe post Nigeria: We are better together appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
One Emmanuel Ugwu wrote and published the article 'Buhari, Buratai, and the Python Panacea' that has been published on several online platforms. Ugwu should be commended for this piece not because it was a work of art or some remarkable masterpiece but because in that single rant he was able to lay bare what ailsRead MoreThe post Re: Buhari, Buratai, And The Python Panacea appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Our brothers from much more ordered climes often visit us with a mindset that is sometimes as derisive as it is warped. Their oft distorted worldview about us could a times, graze on the fringes of idiocy. Here is a joke told us long ago in school by one of our American-trained don which willRead MoreThe post And Peavey peeves Power Minister appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
For a woman who earned a PhD at the age of 60 in 2008, and went on to become a Professor, her Inaugural Lecture on September 12 provided a stage for philosophical reflection and scholarly thinking. Prof Juliana Taiwo Makinde said: 'I feel proud and highly honoured to say that I am the first femaleRead MoreThe post Makinde: Public policy and public progress appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Stakeholders from the Kwara South Senatorial District recently converged on the ancient city of Esie, Irepodun local government area of Kwara State to discuss the way forward for the district. Tagged 'Kwara South Emancipation,' speakers at the event lamented the political and infrastructural under-development of the district. They attributed the problems to disunity among theRead MoreThe post Kwara South unites ahead of 2019 appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
On November 18, the people of Anambra State will go to the polls to elect their governor. Observers believe the election is a proxy battle involving veteran political godfathers in the Southeast state. Correspondent NWANOSIKE ONU reports. Governor Willie Obiano of Anambra State is leaving nothing to chance to ensure that he wins a secondRead MoreThe post Anambra and its godfathers appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Alhaji Mohammed Bologi, a former Senior Legislative Assistant at the National Assembly and politician, is an ardent supporter of Governor Bello Yahaya of Kogi State. In this interview with JAMES AZANIA, he speaks on the crisis rocking the Kogi State chapter of the All Progressives Congress (APC), the industrial crisis in the state, the achievementsRead MoreThe post 'Bello's critics are pursuing personal interests' appeared first on The Nation Nigeria.
Mon, 18 Sep 2017
Austin Okai is a social critic and the leader of the Peoples Democratic Party (PDP) Youth Frontier. He is one of the vociferous critics of the Governor Yahaya Bello administration in Kogi State. In this encounter with JAMES AZANIA, he speaks on why he is at loggerheads with the administration. Areyou not rather hasty inRead MoreThe post 'Bello encourages inducement, praise-singing' appeared first on The Nation Nigeria.
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