Below are the headlines found on The Punch Online Newspaper for today, Wednesday, 13 September, 2017.
Wed, 13 Sep 2017
CURIOUS amendments now going through the legislature threaten the gains achieved by the pension reforms. There are at least four bills now before the National Assembly seeking to amend the Pension Reform Act 2014. One seeks to increase the lump sum payment a contributor under the Contributory Pension Scheme can collect immediately after retirement from []
Wed, 13 Sep 2017
Simon Utebor, Yenagoa The Governor of Bayelsa State, Mr. Seriake Dickson, says that the local government elections in the state will take place in 2018. The governor said it was not the fault of his administration that council elections had not been conducted, saying the current economic situation in the country had made it practically []
Wed, 13 Sep 2017
Simon Utebor, Yenagoa The expelled Chairman of the All Progressives Congress in Bayelsa State, Chief Tiwei Orunimighe, and two former members of the State Executive Committee have dragged the party to court. They filed a suit challenging their suspension and expulsion at the state high court, in Yenagoa, the state capital. The APC National Executive []
Wed, 13 Sep 2017
Olusola Fabiyi, Abuja The Peoples Democratic Party has dismissed reports of a brewing rift between former President Goodluck Jonathan and the Bayelsa State Governor, Mr. Seriake Dickson. The Chairman of the party's National Caretaker Committee, Senator Ahmed Makarfi, disclosed this while receiving the members of executive of the state chapter of the party in Abuja []
Wed, 13 Sep 2017
Kamarudeen Ogundele, Ado Ekiti The Ekiti State Governor, Ayodele Fayose, has hinted that the Peoples Democratic Party may adopt Option A4 in the selection of its candidates for the forthcoming local government elections in the state. He stated this in Ado-Ekiti during an interactive session with party leaders from Efon, Gbonyin and Ekiti East local []
Wed, 13 Sep 2017
Everest Amaefule, Abuja The N100bn targeted by the Federal Government from the Islamic bond, Sukuk, will be spent on critical road infrastructure across the country, the Debt Management Office has said. The Director-General, DMO, Patience Oniha, said this at various stops of the roadshow organised to drum support for the bond, according to a statement []
Wed, 13 Sep 2017
Stanley Opara Aiico Insurance Plc, Flour Mills Nigeria Plc, Nestle Nigeria Plc, Continental Reinsurance Plc and Linkage Assurance Plc emerged the top five losers at the close of trading on the floor of the Nigerian Stock Exchange on Tuesday, as equities depreciated by N63bn. The Nigerian equities market extended losses as the All-Share Index slid []
Wed, 13 Sep 2017
Sterling Bank Plc says it has won the Housing Friendly Commercial Bank of the Year Award for its remarkable impact on housing delivery in the country's housing sector. The Sterling Bank's Non-Interest Banking Group Head, Mr. Basheer Oshodi, who received the award in Abuja on behalf of the lender, said the award followed the recognition []
Wed, 13 Sep 2017
Oyetunji Abioye The Nigerian economy offers significant potential but it must widen its tax base and broaden its activities away from oil, a new report by UBS Wealth Management's Chief Investment Office has found. The report shows hat liberalisation of the naira exchange rates will be crucial in attracting foreign investment. The report, tagged, Africa' []
Wed, 13 Sep 2017
Ifeanyi Onuba, Abuja The Federal Government on Tuesday said that the low revenue generation by its Ministries, Departments and Agencies was affecting the implementation of the 2017 budget. It lamented that with about four months to the end of the year, only 25 per cent or N120bn out of the target of N807bn set for []
Wed, 13 Sep 2017
Ifeanyi Onuba, Abuja The Federal Government on Tuesday said it would provide insurance cover and agro-rangers for ranch operators to curb cases of cattle rustling as well as clashes between farmers and herdsmen. Vice President Yemi Osinbajo said this in Abuja at a national conference on the transformation of the livestock industry. Osinbajo, who was []
Wed, 13 Sep 2017
Mistakes happen at any business, and banks are no exception. There have been times when a deposit has mistakenly been credited to the wrong person's account. When this happens, the bank will reverse the transaction and credit it to the correct account, but it can affect a number of things. You should never assume the []
Wed, 13 Sep 2017
Future cars conceptualised decades ago, which many thought existed only in fantasy and fiction science stories, are here at last but they will be missing on Nigerian roads for a long time, RASHEED BISIRIYU reports Nigeria may appear to be in a different planet looking at the high-tech vehicles being produced and celebrated in developed []
Wed, 13 Sep 2017
Anna Okon Piqued by the death of indigenous shipping companies due to lack of funds and unfavourable policies, maritime stakeholders have queried the Federal Government's wisdom in warehousing over $100m in the Cabotage Vessel Finance Fund, thereby defeating the purpose for which it was set up. Speaking in Lagos on Tuesday at a breakfast meeting []
Wed, 13 Sep 2017
Maureen Ihua-Maduenyi Three passengers were on Monday detained by security operatives at the Murtala Muhammed Airport, Lagos, for disrupting and delaying an Abuja-bound Air Peace flight for three hours. A source said trouble started when two males and a female passenger identified as Seun, Jide and Abosede complained about seating arrangements close to an exit, []
Wed, 13 Sep 2017
Maureen Ihua-Maduenyi Ex-workers of the defunct NICON Airways said that four years after the National Industrial Court, Abuja had ordered the promoters of the airline to pay them N1bn as benefit accruing from unpaid salaries and allowances, the judgement was yet to be implemented. The ex-workers, who spoke to journalists on the issue, alleged that []
Wed, 13 Sep 2017
Maureen Ihua-Maduenyi The Nigerian Airspace Management Agency has commenced the appraisal of all Aeronautical Information Services officers in all airports across the country. According to the agency, the exercise to test the AIS officers in areas such as aeronautical charts, AIS publication and operations started from the Murtala Muhammed International Airport, Lagos and will proceed []
Wed, 13 Sep 2017
Maureen Ihua-Maduenyi Domestic carrier, Dana Air has been announced as the newest member of the International Air Transport Association. The airline said the IATA membership was coming two years after it passed its International Operations Safety Audit and was admitted into the association's global safety registry. The Dana Air's Accountable Manager, Mr. Obi Mbanuzuo, said []
Wed, 13 Sep 2017
Leke Baiyewu, Abuja The Deputy Majority Leader of the Senate, Senator Bala Ibn Na'Allah, on Tuesday described Nigeria's aviation sector as the most hostile to investors. Na'Allah said this when the leadership of the National Association of Aircrafts Pilots and Engineers visited his office in Abuja. The President of NAAPE, Mr. Jacob Ogwu, had urged []
Wed, 13 Sep 2017
If you need to make a deposit in another person's bank account, here are easy steps to guide you, according toassroom.synonym.com. Step one: Ask the person you are depositing for which bank he has his accounts with. Locate the nearest branch of that bank by visiting the website or calling the service number. Step two: []
Wed, 13 Sep 2017
Qatar Airways has announced the launch of its 'Global travel boutique' promotion, offering passengers from around the world reduced fares on flights in both economy and business class. The airline said the offer would be valid from September 12 to September 19, with discount offer of up to 35 per cent on fares as well []
Wed, 13 Sep 2017
Anna Okon The Nigerian-German Business Association has stated that German business owners are keen to invest in Nigeria. The Director-General, NGBA, Mr. Gbenga Adebija, stated this when he paid a courtesy visit to the Punch Nigeria Limited in Ogun State on Tuesday. He said that to this end, the association was working to create synergy []
Wed, 13 Sep 2017
Maureen Ihua-Maduenyi Emirates Airline says it is partnering TripAdvisor to offer Nigerians the opportunity to explore all its 11 destinations in the United States with special fares on economy and business class tickets. 'Whether you want to enjoy the relaxed feel of the West Coast, or taste the amazing and affordable cuisine in San Francisco, []
Wed, 13 Sep 2017
Chelsea star Victor Moses has dismissed suggestions he picks and chooses the games he plays for Nigeria, insisting he always wants to be fit before appearing for his country, AFP reports. Moses, 26, made his Nigeria debut in 2012 when he changed his international allegiance after representing England at various age-grade levels. He has since []
Wed, 13 Sep 2017
Tana Aiyejina Officials and athletes are at war with the Lagos State Government after they were denied participation at the ongoing National Youth Games in Ilorin, Kwara State. It's the third time the state will be absent from the competition under Governor Akinwunmi Ambode. Last month in Ibadan, Lagos won the South-West Zonal Eliminations, which []
Wed, 13 Sep 2017
Umar Muhammed, Lafia Nasarawa State Governor Umaru Al-Makura on Tuesday approved N10m to pay the state's athletes participating in the National Youth Games in Ilorin their allowances. Commissioner for Youths and Sports Bamaiyi Anangba confirmed this in Lafia. He said the ministry was initially given N6m, but when he complained about the number of the []
Wed, 13 Sep 2017
Success Nwogu, Ilorin No fewer than 30 athletes have been disqualified from the National Youth Games in Ilorin over age falsification. Although the Director, Grassroots Sports Development Department of the Federal Ministry of Sports, Ademola Are, said on Tuesday no fewer than 12 athletes were on Monday disqualified from featuring in judo, sources told our []
Wed, 13 Sep 2017
The South Africa Football Association has said it will accept the decision that the World Cup qualifier against Senegal should be replayed after referee Joseph Lamptey's lifetime ban was upheld by the Court of Arbitration for Sport, Skysports reports. Lamptey has been expelled by FIFA over match-fixing allegations, and the world governing body announced the []
Wed, 13 Sep 2017
Rowing, canoeing and sailing have been listed among the scoring events at the next National Sports Festival. The Nigeria Rowing, Canoe and Sailing Federation has long been pushing for the three sports to be scoring events at the national festival. The federation won the fight after the three sports featured as demonstration events for the []
Wed, 13 Sep 2017
The West African Football Union on Tuesday adjusted the Ghana 2017 WAFU Cup of Nations' fixtures. According to the new fixtures, Nigeria, who were earlier drawn to play their bitter rivals Ghana's Black Stars on Thursday, now face Mali's Aiglons. Black Stars will engage Guinea's Syli Nationale on Thursday. The two clashes have been scheduled []
Wed, 13 Sep 2017
Rangers have unveiled plans to sack some of their management staff, coaches and players ahead of the 2017/2018 season, the News Agency of Nigeria reports. The 2016 Nigerian champions scraped through to remain in the Premier League after a late rally in the competition, which ended on Saturday. Jos club Plateau United won this year's []
Wed, 13 Sep 2017
Manchester United manager Jose Mourinho said he did not know how seriously Paul Pogba had injured himself after the France midfielder limped off during Tuesdays 3-0 win over Basel. Making his debut as United captain, Pogba lasted just 18 minutes of the Champions League group game before being forced off by an apparent left hamstring []
Wed, 13 Sep 2017
UEFA Champions League tables after Tuesdays opening games in Groups A-D (played, won, drawn, lost, for, against, points): Group A Manchester United 1 1 0 0 3 0 3 CSKA Moscow 1 1 0 0 2 1 3 Benfica 1 0 0 1 1 2 0 Basel 1 0 0 1 0 3 0 Group []
Wed, 13 Sep 2017
Neymar, Kylian Mbappe and Edinson Cavani all scored as Paris Saint-Germain began their Champions League campaign with a 5-0 thrashing of Celtic in Glasgow on Tuesday. Brazilian Neymar continued to pay back his 222 million-euro ($264 million) world record transfer fee with his fifth goal in five games to put PSG in front before he []
Wed, 13 Sep 2017
Chelsea made a swaggering start to their Champions League challenge as memorable strikes from Pedro and Davide Zappacosta inspired a 6-0 rout of Qarabag on Tuesday. Antonio Contes side were in businesslike mood against the minnows from Azerbaijan, with Pedros long-range effort putting them ahead early on at Stamford Bridge. Zappacosta was making his home []
Wed, 13 Sep 2017
Substitute Marouane Fellaini proved an unlikely source of inspiration as Manchester United comfortably defeated Basel 3-0 on their return to the Champions League on Tuesday. Fellaini, a replacement for the injured Paul Pogba, gave United a 35th-minute lead at a drizzly Old Trafford and teed up Marcus Rashford for the hosts third goal after Romelu []
Wed, 13 Sep 2017
Barcelona defied an outgoing off-field crisis as another Lionel Messi-inspired display exacted revenge on Juventus to open their Champions League campaign with a resounding 3-0 win on Tuesday. Messi was involved in all three goals as he beat Gianluigi Buffon for the first time in his career to open the floodgates just before half-time. Ivan []
Wed, 13 Sep 2017
Liverpool manager Jurgen Klopp on Tuesday said he knew the clubs appeal to reduce Sadio Manes three-match suspension would be a waste of time. The Senegal winger was shown a straight red card during Liverpools 5-0 loss away to Manchester City in the Premier League on Saturday after his high boot caught goalkeeper Ederson in []
Wed, 13 Sep 2017
Chidi Anselm Odinkalu The Nigerian government has chosen to declare a war on hate speech. Some of its most senior officers appear uncertain about the applicable laws. Keen not to be left behind, the ruling party seems willing to make a party political issue out of the matter. The desire of the government is not []
Wed, 13 Sep 2017
Jide Ojo Over time, as a media personality featuring on various radio and television programmes and writing for newspapers, I have often advocated the diversification of the Nigerian economy as a panacea for our pulling out of economic doldrums. However, I failed to appropriate and adapt the same message for myself, until recently. I pride []
Wed, 13 Sep 2017
In his seminal book titled, The Only Game in Town: Central Banks, Instability and Avoiding the Next Collapse, Mohamed El-Erian, economist and former chairman of the US Global Development Council (famous for coining the now-ubiquitous phrase, 'the new normal') examines the changing role of central banks in national economies, explains how apex monetary institutions saved []
Wed, 13 Sep 2017
Michael Orimobi Nigeria is open for business'. This has been the mantra of several governments ' at the federal level, sub-national level and even at the local government level. Closely linked to this mantra is the government's verve to finding the very best ways to alleviate poverty, improve economic outcomes, build stability and prosperity. In []
Wed, 13 Sep 2017
Afeez Hanafi A man who claimed to be a farmer, Usman Jubril, has been arrested for allegedly vandalising a solar energy system installed in Government College, Ajara, Badagry, Lagos State. PUNCH Metro learnt that the drunken suspect was apprehended by operatives of the Nigeria Security and Civil Defence Corps after he slept off at the []
Wed, 13 Sep 2017
Samson Folarin The Zone 2 Police Command, Onikan, Lagos State, has arrested a driver, Orabe Philips, for allegedly hitting his former boss, Mr. Robert Wheelers, with a pestle over an unfulfilled promise. PUNCH Metro learnt that Philips was arrested on Friday in the Ikorodu area of the state by men of the Zonal Intervention Squad, []
Wed, 13 Sep 2017
Sodiq Oyeleke Pupils of the Lagos State Model College, Igbonla, Epe, resumed for a new academic session without two of the six pupils who were rescued after spending 64 days in kidnappers den. Although nobody in the school could tell our correspondent why the pupils did not resume with other pupils, it was not clear []
Wed, 13 Sep 2017
Chukwudi Akasike, Port Harcourt A Chief Magistrate's Court sitting in Port Harcourt, Rivers State, on Tuesday remanded Ifeanyi Dike, the man who allegedly killed an eight-year-old girl, Chikamso Nmezuwuba. Although the court did not take any plea from the suspect, the Chief Magistrate, Amadi O. Amadi-Nna, directed that Dike should be in prison pending when []
Wed, 13 Sep 2017
Femi Makinde, Osogbo The Osun State chapter of the Correspondent Chapel of the Nigerian Union of Journalists has rejected the monetary compensation offered to the correspondent of The Point, Mr. Timothy Agbor, whose mobile phone was destroyed after he was thoroughly beaten up by some operatives of the Department of State Services. Three officials of []
Wed, 13 Sep 2017
THE police in Germany have arrested five people for allegedly smuggling Nigerian men into the country through arranged marriages. A statement by the German police said 400 police officers raided 41 apartments and rooms suspected to be linked to the gang in Berlin and other German cities. Reuters reported that the gang's suspected leaders ' []
Wed, 13 Sep 2017
A man said he was shot three times by soldiers at his shop in Umuahia South Abia State. The man made the claim in a video posted and shared on Facebook by King Eze on Tuesday. The video showed the man, identified as Solomon, lying on the hospital bed with plaster on his back. The []
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