Below are the headlines found on The Nation Online Newspaper for today, Monday, 4th September, 2017.
Mon, 04 Sep 2017
Barely two weeks after the signing of six agreements with the United Arab Emirates (UAE), the Federal Government has initiated moves to seize assets of a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke and four others in Dubai. The others are: a former Managing Director of the defunct Oceanic Bank, Mrs. Cecilia Ibru, aRead MoreThe post Diezani, ex-minister, son, others top Dubai assets list appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
Nigeria's economy is out of recession, a report said yesterday. The economy broke out of a long slump in the second quarter with a median forecast for 1.55 per cent year-on-year growth, the Reuters report said. The report also shows that South Africa quit shrinking with 2.2 per cent quarter-on-quarter growth. South Africa and NigeriaRead MoreThe post Report: Nigeria, South Africa likely out of recession appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
MINISTER of Information and Culture Alhaji Lai Mohammed has urged 'Nigerians to disregard the fake news being circulated via a parody Twitter account and an old Nigerian Television Authority (NTA) news video that President Muhammadu Buhari is travelling or has travelled to the United States (U.S.)'. A statement issued in Lagos yesterday by his SpecialRead MoreThe post News on Buharis trip to U.S. fake, says minister appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
The Court of Appeal in Abuja has affirmed the power of the Economic and Financial Crimes Commission (EFCC) has the power to freeze suspicious accounts. The court said the anti-graft agency can direct banks to suspend operation of accounts suspected to have been used for criminal activities, or any account of into which slush fundsRead MoreThe post Court okays EFCC's power to freeze suspicious accounts appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
RESIDENT Muhammadu Buhari got a piece of advice from an unusual quarter yesterday. Senator Shehu Sani urged him to immediately purge his cabinet of hyenas, jackals and wolves. Sani, representing Kaduna Central Senatorial District, said the cleansing was necessary as part of efforts by the President to move the country forward. Yesterday's advice came almostRead MoreThe post Sani advises Buhari to purge cabinet of hyenas, jackals appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
Vice President Yemi Osinbajo has said Nigeria will fulfill its destiny to be a great nation despite renewed separatist agitations. He said noises over secession, quit notice are parts of the journey to be a great nation. He asked Nigerians, especially the elite, to be prepared to make sacrifice to lift the nation higher. OsinbajoRead MoreThe post Boko Haram: 'Why it is difficult to police Northeast' appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
OHANAEZE Ndigbo ' the pro-East apex socio-political organisation has appealed to President Muhammadu Buhari to revisit the recent reorganisation at the Nigeria National Petroleum Corporation (NNPC) in the interest of peace, unity and good governance. In a statement at the weekend signed by its President-General, Chief John Nwodo, the group described as appalling theRead MoreThe post NNPC shake-up: Ohanaeze urges Buhari to promote unity, good governance appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
NO Nigerian died due to the Hurricane Harvey in Texas, United States (U.S.), the Nigerian in Diaspora Organisation (NIDO), has said. Akin Awofolaju, a NIDO official, told the News Agency of Nigeria (NAN), yesterday that the organisation had reached out to Nigerians in the area. The devastating hurricane made landfall in the state a weekRead MoreThe post No Nigerian died in Texas Hurricane Harvey, says NIDO appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
SOME suspected insurgents were yesterday arrested in Kano by security operatives. They were immediately moved to Abuja for interrogation, Governor Abdullahi Umar Ganduje has announced. Urging people in the state to be more security conscious and vigilant, the governor said: 'The security agents also confiscated arms and communication gadgets from the alleged terrorists, even asRead MoreThe post Insurgents arrested in Kano as Ganduje calls for vigilance appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
Emir of Kano Muhammad Sanusi has offered a solution to the rising wave of violence in the society. He urged the government to create jobs and politicians to rein in their supporters. Sanusi spoke during the traditional Hawan Nasarawa at the Government House in Kano, the state capital. 'I am calling on political leaders toRead MoreThe post How to end violence, by Sanusi appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
A total of 100 artisans have been rewarded with a grant of N300,000 each to be invested in their businesses, under an empowerment programme tagged 'ISEDOWO' for youths from the Southwest. The 100 beneficiaries are the first batch of youths that will benefit from the N30 million Community Partnership Scheme by Goldberg, produced by NigerianRead MoreThe post NB empowers 100 artisans with N30m appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
Owners of Egbin Power Plc are looking for about $1.2 billion to expand the power plant by additional 1,500 megawatts (Mw) by 2020, it was learnt. The company's Managing Director and Chief Executive Officer, Dallas Peavey, told The Nation on the sidelines of the visit of a delegation of the United States (U.S) congressmen ledRead MoreThe post Egbin expansion: Investors shop for $1.2b appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
The Association of Micro Entrepreneurs of Nigeria (AMEN) President, Prince Saviour Iche, has urged the Federal Government to establish a Ministry for Small Business and Entrepreneurship as part of its commitment to place the economy and job creation at the centre stage. Iche, who spoke at the weekend, noted that the much-needed economic growth andRead MoreThe post Group seeks ministry for SMEs appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
The Federal Government will this month begin payment of unpaid salary arrears and allowances of public servants Association of Senior Civil Servants of Nigeria (ASCSN) President, Comrade Bobboi Kaigama, said the payment of the money, which is over N200 billion, excluding pension, would commence from this month. 'Recently, we wrote a protest letter to theRead MoreThe post 'Fed Govt begins payment of N200b salary arrears, allowances' appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
Renault-Nissan and Kia are the latest car companies to launch car trade-in schemes, aimed at persuading UK customers to swap older, more polluting, car models for new ones. Earlier Volkswagen and Toyota announced diesel scrappage schemes, joining BMW, Ford, Hyundai, Mercedes-Benz and Vauxhall who have all launched schemes. The car companies will accept trade-ins fromRead MoreThe post Car makers offer scrappage deals in race for new customers appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
Prudential Plc, one of the world oldest and largest insurers, has acquired majority equity stake in Zenith Life Assurance Limited as the United Kingdom's multi-national seeks to deepen its African businesses. Prudential acquired the majority stake in Zenith Life in July 2017. Prudential's entry into Nigeria, Africa's largest economy, with a population of over 180Read MoreThe post UK's Prudential becomes majority investor in Zenith Life Assurance appeared first on The Nation N
Mon, 04 Sep 2017
The deployment of improved technology by the new management at FirstBank has led to quality service delivery and enhanced profitability. The coming of mVisa, introduction of new features for the FirstMobile Application meant to boost financial inclusion and the convenience that comes with digital banking are putting the lender ahead of competition. FBN Holdings PlcRead MoreThe post Lifting profitability with technology, quality service appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
A logistics firm, Red Star Express Plc, has posted a turnover of N7.3 billion, according to its financial report ended March 31, 2017. This is 10 per cent higher than the preceding year. The profit before tax increased from N572 million to N653 million, while profit after tax also increased from N334.4 million to N426.8Read MoreThe post Red Star Express posts N7.3b turnover appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
The suspension of trading on the shares of Avon Crowncaps & Containers (Nigeria) Plc has locked in more than N807 million in market valuation of shareholders' holdings. The Nigerian Stock Exchange (NSE) had on August 31, 2017 suspended trading on the shares of Avon Crowncaps. The full suspension implies that there will be no tradingRead MoreThe post Stock Exchange locks up N807m as Avon Crowncaps prepares for delisting appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
The Association of Power Generation Companies (APGC) Executive Secretary, Joy Ogaji, has blamed the woes of the power sector on the weak transmision infrastructure of electricity distribution companies (DisCos) and Transmission Company of Nigeria (TCN). In a telephone interview at the weekend, Ogaji said the GenCos have installed capacity of about 12, 500megawatts (Mw) thatRead MoreThe post GenCos blame power sector woes on weak transmission infrastructure appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
The group goofed on Kanu; it should not be seen to be backing lawlessness THE decision by Ohaneze Ndigbo, the apex Igbo socio-cultural organisation, to back the empty rhetoric of Nnamdi Kanu is incredulous, and we condemn it. Even if the group has any misgivings against the handling of similar cases, it is not enoughRead MoreThe post Not so, Ohaneze appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
This requires a master plan as well as technology REHABILITATING the infrastructure ravaged by Boko Haram's depredations, as well as the attritions of climate change, lies at the core of the effort to rebuild the Northeast and restore the residents' rhythm of life before the region was plunged into mayhem. Without it, the region willRead MoreThe post Rebuilding the Northeast appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
This requires a master plan as well as technology REHABILITATING the infrastructure ravaged by Boko Haram's depredations, as well as the attritions of climate change, lies at the core of the effort to rebuild the Northeast and restore the residents' rhythm of life before the region was plunged into mayhem. Without it, the region willRead MoreThe post Rebuilding the Northeast appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
SIR: The natural inclination of man is to seek validation and approval. His need for public endorsement is better explained in the context of the animal kingdom where gaining respect and admiration enhances survival. This desire for acknowledgment and commendation is in itself healthy, and indeed the motivation for many great human endeavours, butRead MoreThe post True charity seeks no recognition appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
The group goofed on Kanu; it should not be seen to be backing lawlessness THE decision by Ohaneze Ndigbo, the apex Igbo socio-cultural organisation, to back the empty rhetoric of Nnamdi Kanu is incredulous, and we condemn it. Even if the group has any misgivings against the handling of similar cases, it is not enoughRead MoreThe post Not so, Ohaneze appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
Mexico is clearly not what you would call a fair match for the United Stares in many regards ' not in military armoury or economic fortunes, for instance. But that Latin American country lately showed a markedly superior edge in moral high grounding over its illustrious neighbour. United States President Donald Trump, even before assumingRead MoreThe post Sucker-punch, like Mexico appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
For the past two few weeks, the already suffering Public Tertiary Education in Nigeria has been grounded to a halt courtesy of the insensitivity of our leadership to the future of Nigeria which lies in proper investment in education. The Academic Staff Union of Universities (ASUU) had at an emergency National Executive Council (NEC) meetingRead MoreThe post ASUU strike and 'change begins with me' appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
On September 1, Nigeria hit Cameroon for four. The Eagles romped to a famous Sallah Day victory, clearly their most emphatic competitive scoreline against the Indomitable Lions, that proved very much domitable. The once-untamable Lions were completely tamed! It was sheer ecstasy in the Nigerian camp, with even a devastating pun making the cut inRead MoreThe post Losers in winners, winners in losers appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
As expected, a few days to Eid-el-Kabir, the Osun State Government announced the schedule for its free train ride from Lagos to Osogbo, the state capital. A statement by the Commissioner for Commerce, Industries and Cooperatives, Ismail Jayeoba-Alagbada, on August 27 explained that the arrangement was in 'furtherance of Governor Rauf Aregbesola administration's commitment toRead MoreThe post Aregbesola's free train ride appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
As expected, a few days to Eid-el-Kabir, the Osun State Government announced the schedule for its free train ride from Lagos to Osogbo, the state capital. A statement by the Commissioner for Commerce, Industries and Cooperatives, Ismail Jayeoba-Alagbada, on August 27 explained that the arrangement was in 'furtherance of Governor Rauf Aregbesola administration's commitment toRead MoreThe post Aregbesola's free train ride appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
The Ahmed Makarfi-led National Caretaker Committee of the Peoples Democratic (Party) has set up reconciliation committees at state and zonal levels to resolve the protracted crises in various chapters. Assistant Editor LEKE SALAUDEEN examines how the The reconciliation and harmonisation committees set up by the National Caretaker Committee (NCC) of the Peoples Democratic Party (PDP)Read MoreThe post PDP: What manner of reconciliation' appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
The Niger State Resident Electoral Commissioner, Professor Sam Eku, has disclosed that 137,000 permanent voters cards (PVCs) have not been collected in Niger State. Eku, who spoke during his first meeting with stakeholders at the INEC office in Minna, the state capital, urged the stakeholders to create awareness on the importance of the PVCs. HeRead MoreThe post 137,000 PVCs uncollected in Niger, says REC appeared first on The Nation Nigeria.
Mon, 04 Sep 2017
All Progressives Congress (APC) National Deputy Chairman, Chief Segun Oni is a governorship aspirant in Ekiti State. The former governor spoke with reporters in Lagos on why he wants to return to the Government House, Ado Ekiti. Group Political Editor EMMANUEL OLADESU was there. The main argument by your rivals in the Ekiti APC isRead MoreThe post 'PDP can't retain power in Ekiti' appeared first on The Nation Nigeria.
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