Below are the headlines found on The Punch Online Newspaper for today, Sunday, 17 September, 2017.
Mon, 18 Sep 2017
Ifeanyi Onuba, Abuja The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending has entered into a N50bn agriculture financing partnership with Stanbic IBTC Bank for the 2017 and 2018 dry and wet seasons. A Memorandum of Understanding was signed in Abuja by the Managing Director, NIRSAL, Aliyu Abdulhameed, and his Stanbic IBTC Bank counterpart, Dr. []
Mon, 18 Sep 2017
Everest Amaefule, Abuja Electricity distribution companies under the aegis of Association of Nigerian Electricity Distributors have blamed the Transmission Company of Nigeria and the weak transmission infrastructure for outages in the country. In a statement issued in Abuja on Sunday, the spokesperson for ANED, Mr. Sunday Oduntan, also said it was wrong for the TCN []
Mon, 18 Sep 2017
The 2018 Appropriation Bill will be submitted to the National Assembly in October, the Special Adviser to President Muhammadu Buhari on National Assembly Matters (Senate), Ita Enang, has said. He said this on Sunday when he appeared at a News Agency of Nigeria forum in Abuja. The National Assembly had fixed October as the deadline []
Mon, 18 Sep 2017
Ifeanyi Onuba, Abuja The Managing Director, Bank of Industry, Mr. Olukayode Pitan, says the bank has provided a total of N24bn to industrialists in Kano State. He gave the figure on Sunday in Abuja during a meeting with the Kano State Governor, Abdullahi Ganduje. He stated that that the bank through the disbursement of the []
Mon, 18 Sep 2017
Guaranty Trust Bank Plc says the Small and Medium-scale Enterprises in the fashion industry as well as fashion lovers across the globe will be in for a better time at the 2017 GTBank Fashion Weekend. Scheduled for November 11th and 12th, the lender said the two-day event would allow the SMEs a vibrant platform to []
Mon, 18 Sep 2017
Maureen Ihua-Maduenyi The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has constituted a committee to study the provisions of the law, with the aim of setting up an urban and regional planning commission at the federal level, the President, Town Planners Registration Council, Prof. Lai Egunjobi, has said. Egunjobi, who made this known []
Mon, 18 Sep 2017
Nike Popoola Operators in the insurance sector have commended the former Director-General, Nigerian Insurers Association, Mr. Sunday Thomas, for his contributions to the industry. Thomas, who was recently appointed by the Federal Government as the Deputy Commissioner, Technical, National Insurance Commission, left the association to take up the new appointment. The Chairman, NIA, Mr. Eddie []
Mon, 18 Sep 2017
Ozioma Ubabukoh The Petroleum and Natural Gas Senior Staff Association of Nigeria has alleged that oil marketers may have concluded plans to sack their workers if the Federal Government fails to settle the N720bn debt owed the marketers. PENGASSAN said this in a statement on Sunday, adding that the government's settlement of the debt would []
Mon, 18 Sep 2017
Everest Amaefule, Abuja The Central Bank of Nigeria has urged Nigerians to take advantage of the sovereign sukuk being offered by the Federal Government in order to support the country's infrastructural development while making money. At an investors' forum organised by the Debt Management Office in Kaduna, the CBN's Deputy Director, Financial Markets Department, Mr. []
Mon, 18 Sep 2017
Oyetunji Abioye Weakening exchange rate, rising non-performing loans in the banking industry and other key economic issues are expected to top the agenda as the Monetary Policy Committee of the Central Bank of Nigeria begins its two-day meeting today (Monday). According to economic and financial experts, the meeting will see the 11-member MPC deliberate on []
Mon, 18 Sep 2017
Oyetunji Abioye To attract the local and foreign private capital needed for infrastructure financing, economic and financial experts have advised the Federal Government to review its policies in order to achieve better business environment. The experts, who posited that the solution to inadequate infrastructure financing in the country was private capital funding, said efforts must []
Mon, 18 Sep 2017
Nike Popoola Linkage Assurance Plc has said that it will continue to help the Small and Medium Enterprises survive business challenges and grow. According to a statement from the firm, one of Linkage's newest products, 'SME Comprehensive Insurance Plan', provides financial protection to the SMEs against insurable risks in order to ensure their business continuity. []
Mon, 18 Sep 2017
If your card is swallowed, do not ignore it or leave it for a few days until you have time to deal with it. Not only can this compromise the security of your account, but it may also lead to your details being stolen, and may also implicate you in any malfeasance/misgivings that take place []
Mon, 18 Sep 2017
Nike Popoola Continental Reinsurance Plc has been commended as one of the best companies in the underwriting industry doing well on the Nigerian Stock Exchange, and consistent in paying dividends to its shareholders. The commendation was given when the Group Managing Director, Continental Re, Dr. Femi Oyetunji, led a delegation of the company's management to []
Mon, 18 Sep 2017
Nike Popoola The Lagos State Government has said that it will improve its pension administration system through the use of technology to serve its retirees better. The Lagos State Governor, Akinwunmi Ambode, said this at a training programme, which was organised by the Civil Service Pensions Office of the Ministry of Establishments, Training and Pensions, []
Mon, 18 Sep 2017
Nike Popoola Experts in the pension industry have said that retirees may experience disparity in benefits that accrue to them for several reasons. The Chief Marketing Officer, Premium Pension Limited, Kabir Tijanni, explained the reasons while speaking on benefit administration, processes, lump sum computation and challenges with payment, during a training programme organised by the []
Mon, 18 Sep 2017
Oyetunji Abioye Banking and insurance industries' workers under the aegis of the National Union of Banks, Insurance and Financial Institutions Employees have pulled out of the planned nationwide strike directed by the United Labour Congress. The association, in a statement on Sunday, said there were critical issues facing the financial services, allied industries and the []
Mon, 18 Sep 2017
Maureen Ihua-Maduenyi Chemical company, BASF, has announced the appointment of a new country manager to oversee its construction chemicals business in Nigeria and the West African cluster. According to the firm, Mrs. Vania Mitakeva, will be the first female construction chemicals country manager for BASF in Africa, and brings with her over a decade of []
Mon, 18 Sep 2017
Maureen Ihua-Maduenyi A French firm with interest in the habitat and construction markets, Saint-Gobain, is set to expand its market share in Nigeria. The firm revealed this at a workshop for professionals in the built environment, with the theme: 'Creating great living spaces: Innovative solutions for greater well-being'. The workshop was also used to showcase []
Mon, 18 Sep 2017
Maureen Ihua-Maduenyi O'dua Investment Company Limited has announced its re-entry into the property development market with the development and unveiling of ACE Estate in Jericho area of Ibadan, Oyo State. The Managing Director, O'dua Investment Company Limited, Mr. Adewale Raji, said the project would put the firm back as a major player in property development. []
Mon, 18 Sep 2017
Maureen Ihua-Maduenyi The Managing Director of BabsGbollys Properties Limited, Mr. Babalola Odunuga, has said that the signing of gazette applications will give investors more confidence to invest their money in real estate in the country. Odunuga spoke while announcing the inauguration of the firm's commercial advisory services, which will offer comprehensive commercial services, specialising in []
Mon, 18 Sep 2017
RECENT developments portend scant optimism for Nigeria achieving significant economic recovery very soon. A report of second quarter growth of 0.55 per cent, reversing five consecutive quarters of contraction, collided with continued depression of international oil prices, high unemployment, collapsing infrastructure and visibly saner policies in peer countries. To avoid disaster, President Muhammadu Buhari should []
Mon, 18 Sep 2017
Arsenal players showed the right mentality and spirit in the 0-0 draw with champions Chelsea on Sunday in light of their 4-0 thrashing by Liverpool, said manager Arsene Wenger, AFP reports. The Frenchman ' whose side came away with a point from Stamford Bridge for the first time in six visits ' added that the []
Mon, 18 Sep 2017
Football enthusiasts were entertained on Sunday at viewing centres in Lagos and Ibadan, while watching the Premier League match between Arsenal and Chelsea. The MTN-Arsenal partnership afforded excited fans the opportunity to interact with MTN Ambassadors Falzthebahdguy and Saka. They were at O'jez Restaurant in Lagos and the Water Shed Centre in Ibadan respectively. Raffle []
Mon, 18 Sep 2017
Super Eagles assistant coach Salisu Yusuf has opted to make changes in Nigeria's must-win clash against the Black Stars of Ghana in their last group game in the WAFU Cup of Nations in Cape Coast on Monday, the News Agency of Nigeria reports. Hosts Ghana are comfortable and already have booked their ticket to the []
Mon, 18 Sep 2017
Femi Makinde, Osogbo The 1st Vice-President of the Nigeria Football Federation, Seyi Akinwumi, has assured fans that the Super Eagles will defeat Zambia in the return leg of their 2018 World Cup qualifier in Uyo in October. Akinwumi said the NFF was impressed with the performance of the Eagles in the World Cup qualifying games, []
Mon, 18 Sep 2017
Nigeria's Adetayo Adetunji was crowned champion of the girls' singles at the ITF U-18 Junior Circuit which ended in Benin Republic on Saturday following a 6-4, 6-1 win over Linda Elounde of Cameroun. The 17-year-old Adetunji, who is based in South Africa, was a handful for Elounde somehow justifying her reaching the quarter-finals at this []
Mon, 18 Sep 2017
Success Nwogu, Ilorin President of the Athletic Federation of Nigeria Ibrahim Gusau has revealed that no fewer than 25 new talents were discovered at the National Youth Games by the federation. He blamed a lack of succession plan for the poor performances of Nigeria at recent major competitions. Gusau spoke during the closing ceremony of []
Mon, 18 Sep 2017
Idris Adesina D'Tigers have been commended for their efforts despite losing to Tunisia in the final of the 2017 FIBA Africa Championship co-hosted by the North African country and Senegal in Tunis on Saturday. D'Tigers, who won the AfroBasket in 2015, were beaten 77-65 by Tunisia. Kano Pillars coach, Sani Ahmed and his First Bank []
Mon, 18 Sep 2017
Gareth Bale responded in style to his critics with a fine finish as Real Madrid got back to winning ways with a 3-1 win at Real Sociedad on Sunday. Borja Mayoral rewarded a bright start by Real with his first Madrid goal before Sociedads Kevin Rodrigues scored at both ends to give the visitors a []
Mon, 18 Sep 2017
Atletico Madrid moved into their new 68,000 Wanda Metropoliano stadium to much fan fare, but maintained the steel of old to edge past Malaga 1-0. Barca maintained their 100 percent record at Getafe, but at some cost as record signing Ousmane Dembele looks set to miss the rest of the year. Whilst, Real Madrid shrugged []
Mon, 18 Sep 2017
Economic Renaissance by Henry Boyo, lesleba@lesleba.com 08052201997 Tanzania's former President, Benjamin Mkapa, has warned Nigeria to resist pressure to sign the Economic Partnership Agreement with the European Union, because, according to him, such contracts 'are counterproductive.' Mkapa sounded this warning as the guest speaker at the 45th Annual General Meeting of the Manufacturers' Association of []
Mon, 18 Sep 2017
Eze Onyekpere, censoj@gmail.com; 08127235995 It seems our attention, energy and the bulk of our resources are channelled into the wrong causes as we neglect the weighty issues and occupy ourselves with issues that will not move us forward as a people. In the discourse about moving forward, countries determine the direction of the forward movement []
Mon, 18 Sep 2017
Ike Ekweremadu We know very well that the toad does not run in the daytime for nothing; if it is not after something, then something must be after it. Although Nigeria is not new to agitations of all kinds, the nation has of recent been caught in a cacophony of agitations by different groups and []
Mon, 18 Sep 2017
Samuel Awoyinfa, Abeokuta A 47-year-old suspected vandal, Francis Johnson, has been remanded in the Sagamu Prisons by a Magistrate's Court sitting at Ikenne, Ogun State, over alleged theft of transformer oil belonging to the Ibadan Electricity Distribution Company. The suspect, who was arraigned on Friday, lived along Iperu Road, Ode Remo, Ogun State. He was []
Mon, 18 Sep 2017
No fewer than five travellers were reportedly abducted by some gunmen in Oba Akoko, in the Akoko South-West Local Government Area of Ondo State on Friday. According to a source, the victims were coming from Lagos State in Toyota Highlander and heading for Abuja, when they were snatched by the abductors. This came barely a []
Mon, 18 Sep 2017
Samson Folarin A 32-year-old woman, Funmilayo Oladepo, created a scene at PUNCH Place, Magboro, on Tuesday as she embarked on a one-woman protest to demand justice for her five-year-old daughter, Enioluwa, who was allegedly tortured by her uncle's wife. Funmilayo, who was deaf and dropped out of Senior Secondary School after her father allegedly married []
Mon, 18 Sep 2017
Samson Folarin A prophet, Babatunde Ojo, has lamented the neglect of his family by the Lagos State Government after an attack by suspected militants in the Ikorodu area of the state led to the death of four policemen, an army captain, a chief security officer and a resident. Babatunde's brother, Paul Olorunmaye, was among the []
Mon, 18 Sep 2017
Peter Dada, Akure A legal practitioner, Mr. Femi Aribisala, has accused the Ondo State Command of the Nigerian Prisons Service of frustrating a court process by refusing to release some suspects to the police for investigation, despite a court order. A Magistrate Court sitting in Akure, the Ondo State capital, had ordered the NPS to []
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