Below are the headlines found on The Punch Online Newspaper for today, Wednesday, 27 September, 2017.
Wed, 27 Sep 2017
THE Federal Government's decision to proceed with the concession of the Lagos and Abuja airports is a crucial step forward in revitalising the aviation sector. Four international airports ' in Lagos, Abuja, Kano and Port Harcourt ' are eventually to be placed on offer. This project should be pursued with both urgency and utmost caution []
Wed, 27 Sep 2017
Olusola Fabiyi, Abuja The Peoples Democratic Party has told Governor Ayo Fayose of Ekiti State not to waste his resources on his presidential ambition, saying the party's candidate for the 2019 election will come from the North. The party said all its members were aware of the zoning formula it adopted for both its presidential []
Wed, 27 Sep 2017
Hindi Livinus, Yola A former Chairman of the Peoples Democratic Party, Senator Ali Modu Sheriff, was absent at a reconciliatory meeting of the party for the North-East zone held in Yola on Tuesday Sheriff, it was learnt, did not send any representatives or any message on why he would not attend the meeting. A former []
Wed, 27 Sep 2017
Kamarudeen Ogundele, Ado Ekiti A former Group Managing Director of Wema Bank and chieftain of Peoples Democratic Party in Ekiti State, Mr. Bisi Omoyeni, has said the party needs a formidable candidate to win the 2018 governorship election in the state. He said this in reaction to the endorsement of the Ekiti State Deputy Governor, []
Wed, 27 Sep 2017
Tony Okafor, Awka A publication by the Independent National Electoral Commission on Tuesday in Awka, Anambra State, showed that the state Governor, Willie Obiano, had retained his deputy, Dr. Nkem Okeke, as his running mate for the November 18 governorship poll. Before the INEC's publication, speculations were rife that Obiano had replaced Okeke with Bianca []
Wed, 27 Sep 2017
Within the last days of August and the early days of September 2017, the world held its breath as violent tropical storm named Hurricane Harvey and Irma wreaked havoc across Eastern Texas in United States of America as well as North Eastern Caribbean and Some parts of Florida. Hurricane Harvey was an extremely destructive Atlantic []
Wed, 27 Sep 2017
Ifeanyi Onuba, Abuja The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday said the 0.55 per cent Gross Domestic Product growth rate, which took the economy out of recession, was still fragile. The Governor, CBN, Mr. Godwin Emefiele, said this when he read the decision of the committee after its two-day meeting. []
Wed, 27 Sep 2017
Everest Amaefule, Abuja The government has raised N6.3bn through the issuance of monthly Federal Government of Nigeria Savings Bond in the last seven months, the Debt Management Office has said. The new bond was introduced to the country in March and the last offer was made about two weeks ago and lifted the contribution of []
Wed, 27 Sep 2017
Ife Ogunfuwa The Nigerian Communications Commission has described the country as the preferred investment destination for telecommunications investors in Africa, with the industry having grown from $50m to $70bn in 16 years. The Executive Vice Chairman, NCC, Prof. Umar Danbatta, stated that the recognition of the importance of Information and Communications Technology to national development []
Wed, 27 Sep 2017
Maureen Ihua-Maduenyi Some passengers of Qatar Airways on Tuesday caused a scene at the Murtala Muhammed International Airport, Lagos, over the delay of their flights for two days. Eyewitnesses said the passengers had besieged the airline's check-in counter demanding to be put on any available flight to enable them meet up with their engagements outside []
Wed, 27 Sep 2017
Olufemi Atoyebi, Ibadan Justice Mrs. J.O. Abdulmalik of the Federal High Court, Ibadan Division, on Tuesday, adjourned ruling on the bail request made by the eight bankers standing trial in the Central Bank of Nigeria N8bn mutilated currency fraud Abdulmalik said she would rule on the bail request on October 25, 2017. The counsel to []
Wed, 27 Sep 2017
Femi Asu The United Kingdom's Serious Fraud Office has said it will charge two former executives of collapsed oil company, Afren Plc, with alleged fraud over payments they received through secret companies relating to over $400m business deals in Nigeria. Afren, an oil and gas exploration and production company once valued at $2.6bn on the []
Wed, 27 Sep 2017
Leke Baiyewu, Abuja The Senate has invited the Minister of Finance, Mrs. Kemi Adeosun, and Minister of Budget and National Planning, Senator Udo Udoma, to brief it on the implementation of the 2017 Appropriation Act. The upper chamber of the National Assembly, at the plenary on Tuesday, scored the Executive low on the implementation of []
Wed, 27 Sep 2017
Ifeanyi Onuba, Abuja The Federal Government has said it has released a total sum of N336bn for the implementation of capital projects contained in the 2017 budget. The Minister of Finance, Mrs. Kemi Adeosun, who confirmed the release in a statement issued on Tuesday, said the amount was for the first quarter of this year. []
Wed, 27 Sep 2017
Rasheed Bisiriyu Supercar manufacturer, Bugatti, has hinted about developing a successor to its reigning world fastest car, Chiron, even as it ponders electrifying the new stunning car. Bugatti Chrion claimed an incredible world record early in the month by travelling from zero to 249mph and back to zero in just 42 seconds. That made it []
Wed, 27 Sep 2017
Maureen Ihua-Maduenyi The Federal Government could lose a lot of money if the concession of airports across the country is not done properly, experts have said. The Senior Partner of a firm of chartered surveyors, estate surveyors and valuers, Nelson Thorpe Alonge, Mr. Victor Alonge, told our correspondent that while concession was the right way []
Wed, 27 Sep 2017
As you head off to school, it is very possible that your only banking experience up until now was the special savings account you had as a kid that came with toys and treats when you reached your small savings goals. If that is the case, it is time to graduate to the next level []
Wed, 27 Sep 2017
Everest Amaefule, Abuja The Islamic sukuk bond recently issued by the Federal Government was oversubscribed by more than N5bn, the Debt Management Office said on Tuesday. The N100bn seven-year sukuk offered by the Federal Government, which closed on Friday, attracted a subscription of N105,878,320,000, according to a statement issued in Abuja by the DMO. According []
Wed, 27 Sep 2017
Maureen Ihua-Maduenyi As part of activities to mark the country's 57th independence anniversary, Dana Air has announced that it will play a charity match against Med-View Airline and spend quality time with 'Special Children'. While congratulating the government, people and its guests for their support, resilience and patriotism over the years, the airline in a []
Wed, 27 Sep 2017
Stanley Opara Following the outcome of the Central Bank of Nigeria Monetary Policy Committee Meeting, the industrial goods sector recorded a 1.7 per cent loss, thus, driving a N140.5bn equities loss. The industrial goods sector's woes prevailed owing to a dip in the shares of Dangote Cement Nigeria Plc by 3.3 per cent. Cumulatively, the []
Wed, 27 Sep 2017
Mudiaga Affe, Calabar Plain-clothes security operatives are to be prevented from entering secure areas at the nation's airports to check illegal activities in such sensitive places. The Director of Security Services, Federal Airports Authority of Nigeria, Group Capt. Usman Abubakar (retd.), gave this indication at the Margaret Ekpo International Airport in Calabar, Cross River State []
Wed, 27 Sep 2017
Author of 'Practical Steps to Financial Independence' and personal finance coach, Usiere Uko, writes about bringing our personal economy out of recession. I was delighted to hear the announcement that Nigeria officially came out of recession in the second quarter of this year and the fact that the growth was driven by agriculture and solid []
Wed, 27 Sep 2017
You just got into the university and now need to get your finances in check' Check out our guide for everything you need to know about student bank accounts, according to www.thestudentroom.co.uk. Why should you get a student bank account' If you already have a bank account, you may not think you should bother with []
Wed, 27 Sep 2017
The Nigerian Automobile Technicians Association, Lagos State Chapter has called for the establishment of more mechanic villages in the state. The newly elected NATA Lagos Chairman, Mr. Julius Lawal, who made the call during his inauguration, said this would reduce the activities of quacks mostly operating on the roadside. Lawal, who was elected alongside 17 []
Wed, 27 Sep 2017
Toyota Motor Corporation said on Tuesday that it would invest $373.8m in five manufacturing plants in the United States to produce its first American-made hybrid powertrain. The automaker said the investment would also be used to roll out Toyota New Global Architecture strategy at its Alabama plant, an initiative that Reuters reported was aimed at []
Wed, 27 Sep 2017
Arjen Robben poked fun at big-spending Paris Saint-Germain on the eve of Bayern Munich's key Champions League away match in the French capital, AFP reports. With Anderlecht and Celtic also in the pool, the PSG-Bayern clash at the Parc des Princes on Wednesday could go a long way to deciding who wins Group B. 'Paris []
Wed, 27 Sep 2017
Barely 29 days at the IMG Tennis Academy in the United States, Nigerian tennis prodigy Marylove Edwards opened her first American account, edging past her opponent Nina Sidhu 6-0, 6-1 to win the USTA Celsius Level 6 girls' 14 & Under tournament, the News Agency of Nigeria reports. The final was the climax of a []
Wed, 27 Sep 2017
Spain striker Diego Costa claimed he was coming home after completing his return to Atletico Madrid from Chelsea on Tuesday, AFP reports. Both clubs finally reached an agreement for a reported initial '55 million on Thursday and the Brazilian-born striker has now completed his medical with the Spanish giants. 'I'm very happy to return home, []
Wed, 27 Sep 2017
Festus Abu Zambia manager Wedson Nyirenda has told his troops that they have the quality to beat the Super Eagles in their Group B Russia 2018 World Cup qualifier in Uyo on October 7 and boost their chances of qualifying for the biggest football tournament for the first time. But Nyirenda says Chipolopolo will have []
Wed, 27 Sep 2017
Kevin De Bruynes superb strike and a late Raheem Sterling goal maintained Manchester Citys impressive form in a 2-0 Champions League win over Shakhtar Donetsk on Tuesday. De Bruyne struck in the 49th minute with a magnificent 20-yard strike into the top right-hand corner of the Shakhtar goal after David Silvas run had ended with []
Wed, 27 Sep 2017
Cristiano Ronaldo marked his 150th European game with two goals as Real Madrid sealed a 3-1 victory at Borussia Dortmund on Tuesday to top their Champions League group. Ronaldo claimed two second-half goals after Gareth Bales stunning early volley gave Real the lead at Dortmunds Signal Iduna Park The Germans fought back when Pierre-Emerick Aubameyang []
Wed, 27 Sep 2017
Spain striker Diego Costa claimed he was coming home after completing his return to Atletico Madrid from Chelsea on Tuesday. Both clubs finally reached an agreement for a reported initial 55 million euro deal ($64.8 million) on Thursday and the Brazilian-born striker has now completed his medical with the Spanish giants. I'm very happy to []
Wed, 27 Sep 2017
Lekan Sote lekansote@yahoo.com Algorithm is a set of instructions for solving mathematical problems in a finite number of steps; it's a set of computational procedures for solving problems or achieving results. If this sounds complex, just remember that algorithm is a big word for a set of standardised procedures or protocols that give the same []
Wed, 27 Sep 2017
Jide Ojo jideojong@yahoo.com From Tuesday, September 19 to Saturday, September 23, last week, I was at the Yankari Game Reserve, Bauchi. I was at the country's foremost tourist site for the second time. My first visit, purely for tourism, was on July 9, 2016. However, this time round, I was there for an official business; []
Wed, 27 Sep 2017
The issue of weak corporate governance in the banking industry came to the fore recently with the disclosure by the Governor of the Central Bank of Nigeria, Godwin Emefiele, that corporate governance practices in the industry leaves much to be desired, a development that is capable of undermining financial stability by heightening vulnerability of financial []
Wed, 27 Sep 2017
Sesan Olufowobi with agency report British Airways has sacked a stewardess who posted a racist Snapchat rant attacking Nigerian passengers. MailOnline reports that the lady, who had been identified as Joanne Wickenden, got the sack after a two-hour meeting with her bosses. Wickenden sparked outrage after recording the racist clip in her BA uniform before []
Wed, 27 Sep 2017
Oluwatosin Omojuyigbe A 28-year-old housemaid, Anna Payaro, has been sentenced to 13 years' imprisonment by a Lagos State Magistrate's Court in Igbosere for burglary and theft of her employer's $5,000. Payaro was found guilty of five counts bordering on conspiracy, burglary, entering and stealing. The convict was first arraigned on June 6, 2016, and later []
Wed, 27 Sep 2017
Afeez Hanafi An awaiting trial inmate at the Ogwashi Uku Prison in Delta State, Smart Ohuzu, has died four months after he was remanded at the facility for attempted murder. It was gathered that Ohuzu had been down with unnamed ailments for about two months while pleas from his co-immates that he should be taken []
Wed, 27 Sep 2017
Olaide Oyelude, Katsina A 30-year-old farmer and father of six, Akilu Saidu, said on Tuesday that he was under the influence of drugs when he attacked his four-year-old stepdaughter, Saratu Yahuza, who later died. Saidu said this in a brief chat with our correspondent shortly before he was arraigned for culpable homicide before a Katsina []
Wed, 27 Sep 2017
THE Oyigbo Police Station in Rivers State has continued to detain three newspaper vendors for refusing to pay N60,000 bribe for their bail. It was gathered that two of the newspaper vendors were arrested for selling newspapers at Oyigbo Junction on Sunday and Monday. The third vendor was arrested and detained on Tuesday by the []
Wed, 27 Sep 2017
Samuel Awoyinfa, Abeokuta A driver of a Toyota Hiace commercial bus has died, while five others were injured on Tuesday at the Redemption Camp end of the Lagos-Ibadan Expressway. The accident was said to have occurred after the bus rammed into a stationary crane allegedly parked by the roadside. The bus, according to information gathered []
Wed, 27 Sep 2017
Ojoma Kizito The police on Tuesday arraigned a 23-year-old woman, Folashade ldoko, before an Ebute-Meta Magistrate's Court, Lagos State, for allegedly stabbing her husband to death. Idoko was brought before the court on one count of murder. PUNCH Metro had reported that Folashade stabbed her husband, Lawrence Idoko, at Aiyetoro, in the Ijanikin area of []
Wed, 27 Sep 2017
the Police in Ekiti State on Tuesday paraded five persons for allegedly kidnapping a 67-year-old, Mrs. Florence Popoola, from her Ikere Ekiti home. The Commissioner of Police, Mr. Abdulahi Chafe, said the suspects on September 14, 2017, invaded the residence of one Popoola at Araromi Quarters and kidnapped his wife (Florence). The CP, who was []
Wed, 27 Sep 2017
One Mr. Nwiziogo Nkwegu of Obegu Village in the Ozibo Local Government Area of Ebonyi State has allegedly abandoned his wife, Ukamaka, after the latter gave birth to a set of triplets. It was gathered that 35-year-old Ukamaka, who was Nkwegu's third wife, gave birth to the triplets ' two boys and a girl ' []
Wed, 27 Sep 2017
Adelani Adepegba, Abuja The police have arrested 31 suspected kidnappers operating along the Abuja-Kaduna Expressway and killed five others during an exchange of fire. The force stated that a gang that was responsible for the killings of some security personnel on the Kaduna-Abuja and the Abuja-Lokoja highways were also apprehended by operatives of 'Operation Absolute []
Wed, 27 Sep 2017
Umar Muhammed, Lafia The Nasarawa State police command has arrested a suspect in connection with the killing of a policeman, Sergeant Eneojo Paul, by armed robbers who invaded Romantic Bakery in Lafia East and stole N2.5m last Friday. Confirming the arrest to Northern City News in an exclusive interview on Tuesday in Lafia, the Police []
Wed, 27 Sep 2017
Enyioha Opara, Minna THE Niger State police command said on Tuesday that it had arrested two suspected killers of one Terna Cletus in the Tafa Local Government Area of the state. The suspects, Osita Chinemerem, a student of Dorben Polytechnic, and Maleh Lucky, were picked up by police operatives attached to the Tafa division. It []
Wed, 27 Sep 2017
British Airways has sacked a stewardess who posted a racist Snapchat rant attacking Nigerian passengers, after she was called in for a two-hour meeting with bosses. Joanne Wickenden sparked outrage after recording the racist clip in her BA uniform before flying from London Heathrow to Abuja on Friday night. SEE ALSO:British Airways probes racist comments []
Wed, 27 Sep 2017
Friday Olokor, Jos As the crisis that hit PSquare deepens, the group's lawyer and Senior Advocate of Nigeria, Festus Keyamo, has said the wives of the artistes have no hand in it. He expressed the optimism that the disagreement among them ' including the elder brother, Jude ' would be resolved. A statement from the []
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