Below are the headlines found on The Punch Online Newspaper for today, Tuesday, 26 September, 2017.
Tue, 26 Sep 2017
Punch Editorial Board President Muhammadu Buhari's recent working visits to the United States of America and Britain, rare outings of such nature in recent times, presented a most appropriate platform to re-launch a fresh bid for the recovery of Nigeria's stolen assets currently holed up in secret accounts abroad. The president addressed the 72nd Session []
Tue, 26 Sep 2017
John Alechenu and Eniola Akinkuotu The All Progressives Congress has described the Chairman, Presidential Advisory Committee Against Corruption, Prof. Itse Sagay (SAN), as a 'rogue elephant' who lacks respect for President Muhammadu Buhari. The party, in a statement on Monday, accused Sagay of displaying arrogance and contempt for everyone but himself in a recent interview []
Tue, 26 Sep 2017
Oyetunji Abioye The naira rebounded on Monday and closed at 366 per United States dollar. The local unit, which opened last week at 369/dollar had closed at 367/dollar on Friday. The naira weakened two weeks ago and traded flat at 369/dollar for some days. Earlier, the local currency had been closing flat at 365/dollar. This []
Tue, 26 Sep 2017
Ifeanyi Onuba, Abuja The Federal Government on Monday said it would reintroduce tolling on the nation's highways to raise the much needed funds to maintain the roads. The Minister of Power, Works and Housing, Mr. Babatunde Fashola, stated this while addressing members of the Manufacturers Association of Nigeria, who visited him in his office in []
Tue, 26 Sep 2017
Everest Amaefule, Abuja Contrary to the guidelines of the Debt Management Office on subnational borrowing, 23 states of the federation exceeded their borrowing limits in 2015, the Fiscal Responsibility Commission has said. In a report on the states and indebtedness, the FRC said Lagos, Kaduna, Cross River, Gombe, Ekiti, Edo, Ondo and Imo states had []
Tue, 26 Sep 2017
Femi Asu The President of the Senate, Dr. Bukola Saraki, has said the upper chamber of the National Assembly is working to ensure the completion of the passage of the Petroleum Industry Bill in the fourth quarter of this year. Saraki stated this in Lagos on Monday at the Nigeria Oil and Gas Industry Research []
Tue, 26 Sep 2017
Everest Amaefule, Abuja The Nigerian Petroleum Development Company, a subsidiary of the Nigerian National Petroleum Corporation, has said that it will grow its equity production from the current 180,000 barrels per day to 500,000 bpd by 2020. The Managing Director, NPDC, Mr. Yusuf Matashi, who disclosed this in Benin, said the planned increase in the []
Tue, 26 Sep 2017
Rasheed Bisiriyu The Nigerian Railway Corporation on Monday announced the introduction of a 24-hour daily freight train shuttle between the Apapa Port and Ebute Meta, Lagos to decongest the seaport and ease traffic around the Apapa axis. It said the freight train would move containers from the nation's busiest port, Apapa, to Ebute Meta, where []
Tue, 26 Sep 2017
Oluwatosin Omojuyigbe The Lagos Chamber of Commerce and Industry is set to host the Minister of Power, Works and Housing, Mr. Babatunde Fashola, and other experts to a policy dialogue on the power sector. According to a statement issued by the Director-General, LCCI, Mr. Muda Yusuf, on Monday, the dialogue, which is aimed at examining []
Tue, 26 Sep 2017
Abiodun Doherty Property transactions are done in stages. One of the most important stages is the offer stage when a willing buyer makes an offer to purchase a specific property. This occurs after the purchaser must have looked through several properties and conducted inspections. The buyer is expected to have done his or her due []
Tue, 26 Sep 2017
Femi Asu with agency report The global oil benchmark, Brent crude, extended its gains on Monday, rising to its highest level in more than two years. The sharp increase came on the back of fast-growing demand and Turkey's threat to Iraqi Kurdistan's crude exports as the autonomous region holds a referendum on independence. Brent, against []
Tue, 26 Sep 2017
Stanley Opara The Nigerian Stock Exchange total assets as at December 2016 were N22.79bn, according to its Chief Executive Officer, Oscar Onyema. Onyema made the disclosure at the bourse's 56th Annual General Meeting of its members on Monday in Lagos. During the meeting, the financial statements of the Exchange as at December 31, 2016 and []
Tue, 26 Sep 2017
Stanley Opara Top United States investors, under the US-Nigeria Council platform, are looking at exploring market opportunities domiciled in the Nigerian economy. Their intentions were made known at the just concluded 72nd United Nations General Assembly in New York, which convened a high powered business dinner with top US investors with interest in Nigeria, a []
Tue, 26 Sep 2017
Nike Popoola It could be frustrating when your money is not available in your bank. When you make a deposit, you expect to be able to access the money as soon as you deposit it. However, the money may not be immediately accessible after putting it into the bank. Challenges like this help people to []
Tue, 26 Sep 2017
Ifeanyi Onuba, Abuja The Infrastructure Concession Regulatory Commission is currently evaluating 77 projects under the Public-Private Partnership arrangement to boost the country's infrastructure development. The Director-General, ICRC, Mr. Chidi Izuwah, said this in a presentation on the state of the country's infrastructure in Abuja. He stated that with the support of the Federal Government, the []
Tue, 26 Sep 2017
Super Eagles goalkeeper Ikechukwu Ezenwa has promised that the team will not disappoint at next year's African Nations Championship despite losing 4-1 to their bitter rivals Ghana in the final of the 2017 WAFU Cup in Cape Coast in Ghana on Sunday. Ezenwa, who was named the best goalkeeper of the sub-regional tournament, said the []
Tue, 26 Sep 2017
Femi Makinde, Peter Dada and Idris Adesina The Aiteo Cup quarterfinal match between Sunshine Stars and Osun United was marred by violence at the Dipo Dina Stadium, Ijebu Ode, Ogun State, on Saturday. No fewer than 20 persons allegedly sustained serious injuries while over 10 vehicles were destroyed during the fight between suspected Osun United []
Tue, 26 Sep 2017
Borussia Dortmund will aim to maintain their unbeaten record at home to Real Madrid in the Champions League on Tuesday and spoil Cristiano Ronaldo's 150th European appearance, AFP reports. Dortmund and title holders Real meet in the group stage for the second year running. The teams drew both games 2-2 last season as the Germans []
Tue, 26 Sep 2017
Spanish international Suso has extended his contract with AC Milan until June 30, 2022, the Serie A club confirmed on Monday. Weve been waiting for this day for a long time, all agreeing on the outcome. Now the contract has been signed, its official, the team said in a statement. Great news for all the []
Tue, 26 Sep 2017
Femi Gbajabiamila 'If you can keep your head when all about you are losing theirs and blaming it on you. If you can trust yourself when all men doubt you But make allowances for their doubting too If you can wait and not be tired of waiting Or being lied about, don't deal in lies []
Tue, 26 Sep 2017
Chidi Anselm Odinkalu Thursday, September 21, 2017 marked a significant milestone in the effort to address the crisis of irrational and interminable pretrial detention in Nigeria. Force Order 20, which was launched that day, institutionalised the Police Duty Solicitor Scheme in the Nigeria Police Force. It is the result of over one decade of partnership []
Tue, 26 Sep 2017
Kenneth Amaeshi There is an ongoing debate on reforming pensions, yet again, in Nigeria. Since 2004, Nigeria has largely adopted the contributory pension scheme. But as years go by, this system has continued to be gradually chipped away. One of the currently debated bills, which is making its way into an Act, seeks to amend []
Tue, 26 Sep 2017
Niyi Akinnaso It is good news that the All Progressives Congress has finally set in motion the process of addressing the people's clamour for restructuring the country for purposes of political, economic, and social equity, by setting up its Committee on True Federalism to refine the scope of restructuring and set the agenda for action. []
Tue, 26 Sep 2017
Azuka Onwuka The trending word in Nigeria today is 'restructuring'. Everybody is saying that for Nigeria to progress, it has to be restructured, with a lot of powers devolved to the states or regions. Over the week, it was reported that the National Leader of the All Progressives Congress, Bola Tinubu, finally found his voice []
Tue, 26 Sep 2017
Tayo Oke Continued from last week The dollar per se predates the United States' dollar. It is a common name for more than 21 currencies around the world, including the USA, Canada, Australia, Hong Kong, Singapore, New Zealand, etc. The US dollar is the focus of this topic because of its pervasive influence and use. []
Tue, 26 Sep 2017
Samson Folarin Some suspected land thugs have killed the manager of Touch of Glass, Mr. Muftau Akinyemi, in the Ajagboju area of the Ado-Odo Farm Settlement, Ogun State. The 54-year-old Ipokia, Ogun State indigene was hacked to death on Saturday, September 16, around 9.30am when the hoodlums attacked him with an axe on a farmland []
Tue, 26 Sep 2017
British Airways has launched an investigation after a video emerged of an air stewardess making racist comments about passengers on a flight to Nigeria. MailOnline reports that the woman, dressed in a BA uniform, filmed herself as she was about to fly from London Heathrow to Abuja on Friday. The footage was recorded in her []
Tue, 26 Sep 2017
Afeez Hanafi Some medical personnel at the Ikorodu General Hospital, Lagos State, have been found complicit in the death of a sick two-year-old boy, Christopher Mike-Ozugha. PUNCH Metro learnt that a panel set up to investigate an allegation bordering on professional negligence raised by Christopher's parents indicted the workers in its report. It was learnt []
Tue, 26 Sep 2017
Gibson Achonu, Owerri Tears flowed freely at the cemetery of Catholic Diocese of Orlu, Imo State on Monday during the burial of Reverend Father Cyriacus Onunkwo. Onunkwo, who was the head of the diocese, was kidnapped on Friday, September 1, 2017, at Banana Junction, Amaifeke, Orlu. The following day, his corpse was found in Omuma, []
Tue, 26 Sep 2017
Oluwatosin Omojuyigbe A 51-year-old car hire operator, Samuel Tom, on Monday was arraigned before a Lagos State Magistrate's Court in Igbosere for stealing a car valued at N6m. Tom, who lives on Alhaji Abass Street, Ogudu, Lagos, was arraigned before Mr. B. A. Sonuga on two counts bordering on conspiracy and stealing, which he pleaded []
Tue, 26 Sep 2017
Simon Utebor, Yenagoa Suspected sea pirates have attacked a passenger boat in Bayelsa State, killing two persons. It was learnt that the attack, which occurred on waterways of the Brass Local Government Area on Monday, left many other passengers injured. One of the passengers, who survived the attack, identified only as Saddam, said the incident []
Tue, 26 Sep 2017
Peter Dada, Akure A middle-aged man has committed suicide on Ayeyemi Street, Ondo town, Ondo State. It was learnt that the remains of the man, whose identity had yet to be ascertained as of the time of filing this report, were found dangling from a tree beside a school on the street. A source said []
Tue, 26 Sep 2017
Bukola Adebayo One of the members of the PSquare, Peter Okoye, has called it quits with the popular music group. The artiste, well known for his edgy dance steps, demanded that their agreement as a group be terminated in a letter to their lawyer Festus Keyamo. According to the copy of the letter that circulated []
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