Below are the headlines found on The Punch Online Newspaper for today, Monday, 4th September, 2017.
Mon, 04 Sep 2017
THE environment for an effective public accounts scrutiny in the country does not exist. It is a coded message in the Audit Bill seeking administrative and financial autonomy for the office of the Auditor-General for the Federation. Lack of transparency and accountability in governance and compromise of public institutions have turned Nigeria into a vineyard []
Mon, 04 Sep 2017
Nike Popoola Personalbanking@punchng.com With a joint bank account, two or more people can share a bank account and, in most cases, all account owners can access the account like it was their own and do things like withdraw cash, pay bills and make deposits. If you would like more control, you can choose to []
Mon, 04 Sep 2017
Joint bank accounts can be really handy when you are sharing with someone else like if you are living with a partner, flatting or saving for a holiday with a friend. But they can also be risky, especially if your relationship with the other person goes wrong. This guide could help you decide if []
Mon, 04 Sep 2017
Otunba Bode Ashogbon is the Chairman and Managing Director of Royal Datford Investment Limited, a real estate firm. In this interview with MAUREEN IHUA-MADUENYI, he says Nigeria's housing problem can only be solved through partnership between the government and the private sector How has the business environment been for you as developer' It has been []
Mon, 04 Sep 2017
Nigerians may start paying property rent on a monthly basis going by the latest resolution between the federal and state governments on the matter, OKECHUKWU NNODIM reports The clamour for the monthly payment of rent by clients in the housing sector received attention at the recently concluded sixth meeting of the National Council on Lands, []
Mon, 04 Sep 2017
Maureen Ihua-Maduenyi As part of its sensitisation moves towards boosting the mortgage and real estate business in the country, the Federal Government through its parastatal, Centre for Management Development, and Mortgage and Real Estate Academy have concluded plans to commence the training of practitioners in the industry. The Chairman of the institution and Managing Director []
Mon, 04 Sep 2017
IFE OGUNFUWA writes on how entrepreneurs can convince lenders to invest in their business Entrepreneurs with brilliant business ideas are often eager to actualise their dreams; however, start-up funds usually pose a great challenge. Entrepreneurs saving to invest in a business of their choice but have not been able to gather sufficient funds are often []
Mon, 04 Sep 2017
I have a diverse collection of business interests, including an online marketing company, real estate investments and more. I also have one of the fastest growing slot play channels on YouTube. That's right, a YouTube channel. I started The Big Jackpot to memorialise a pastime ' high limit slot play ' but it's developed into []
Mon, 04 Sep 2017
Maureen Ihua-Maduenyi Lafarge Africa Plc says as part of activities to curb building collapse across the country, it recently trained 100 bricklayers and technicians in best practices in building construction. According to the company, the one-day training at Sagamu, is part of the campaign to improve the quality of block moulding and raise safety standards. []
Mon, 04 Sep 2017
Maureen Ihua-Maduenyi The Nigerian Institute of Architects says it plans to celebrate excellence in the profession and create an environment for the growth of qualitative and sustainable design with its annual West Africa Architecture Festival. According to the President of the NIA, Mr. Tonye Braide, the event which is in its second edition, will be []
Mon, 04 Sep 2017
The Osun State Government in collaboration with the African Nations Development Programme has concluded arrangements to build 5,000 housing units of two-bedroomed bungalows in five major towns in the state to support the efforts of the present administration of President Muhammadu Buhari. This is contained in a statement made available to our correspondent in Osogbo []
Mon, 04 Sep 2017
Apple will hold a press event on September 12 to unveil its much anticipated new iPhones, which are expected to introduce a whole new design and set the tone for the next few years. According to The Guardian, unlike previous years, much is known about at least one of the new iPhones thanks to a []
Mon, 04 Sep 2017
First Bank of Nigeria Limited has unveiled new career employment models to accelerate career growth and development for staff members. The lender said the move was part of its efforts to continuously integrate leadership into its culture and build a pool of talents as well as next generation leaders who will be groomed to steer []
Mon, 04 Sep 2017
Ecobank Nigeria says it has instituted the Target Saving Promotion to encourage saving among Nigerians. The lender said the move would also enable them to acquire valuable assets, save for travels or rainy day, which they could not achieve in one go. The Head, Consumer Banking, Ecobank Nigeria, Ayotunde Kuponiyi, stated this during customer sensitisation []
Mon, 04 Sep 2017
Foreign exchange traders face an anxious wait to see if European Central Bank policymakers will on Thursday address a euro rally that has put the currency on track for the best year against the dollar in its history. According to a Financial Times report, an improving eurozone economy and the prospect that the ECB will []
Mon, 04 Sep 2017
Nike Popoola The Chairman, Mutual Benefits Assurance Plc, Dr. Akin Ogunbiyi, has said that many bankers and leaders in the financial sector are joining the insurance industry. Ogunbiyi said this while speaking in Lagos, on the theme, 'Sustaining growth through diversification of the Nigerian economy; has the Nigerian insurance industry been able to make contributions []
Mon, 04 Sep 2017
Operators of the Contributory Pension Scheme are putting in place a biometric method to improve documentations of retirees and ensure proper payments on entitlements. Some of the characteristics of the process will include the use of fingerprints, voiceprints, facial features, writing patterns, iris patterns and hand geometry. According to the Pension Funds Operators Association, the []
Mon, 04 Sep 2017
Heritage Bank Plc has partnered the Office of the Senior Special Adviser to the President on Diaspora and Foreign Affairs and the Lagos State Government to organise the 2017 Diaspora Festival Badagry with the theme, ''Door of Return Ceremony Badagry.' The festival, which held recently in the ancient town of Badagry, was hinged on ''The []
Mon, 04 Sep 2017
Stanley Opara The banks and other financial institutions contributed 83.91 per cent to the total equity turnover volumes last week after the financial services industry (measured by volume) led the activity chart with 838.247 million shares valued at N5.134bn traded in 7,884 deals. The financial services industry also contributed 45 per cent to the total []
Mon, 04 Sep 2017
Stanley Opara Guinness Nigeria Plc, has posted a gross profit of N48.3bn for the full-year period of 2017, representing a growth of 16 per cent from the previous year. The company, in a statement, said its operating profit soared by 131 per cent year-on-year to N10.2bn. It also recorded a 23 per cent increase in []
Mon, 04 Sep 2017
Equity market Listed securities on NSE The equity market succumbed to profit taking activities by investors as the key benchmark indicators dipped further. Consequently, the NSE ASI and market capitalisation depreciated week-on-week by 312bps each to close at 35,504.62 points and N12.24tn, respectively. On a year-to-date basis, the NSE ASI and market capitaliszation increased []
Mon, 04 Sep 2017
Maureen Ihua-Maduenyi Heinrich Boll and Arctic Infrastructure, a private establishment with broad focus on infrastructure delivery, urban development and environment, have disclosed plans to open the Lagos Development Envision Lab, aimed at bringing community groups and professionals together to share knowledge on the fundamental problems and alternative development strategies for the city of Lagos. LAGDEL, []
Mon, 04 Sep 2017
Nike Popoola Anchor Insurance Company Limited has paid N21m to Bedmate Furniture Nigeria Company Limited after the conclusion of claim adjustment of a recent fire incident at its Lekki, Lagos office. The company stated this in statement signed by the Brand and Corporate Communications Manager, Mr. Jamiu Osoba. It said that the payment was made []
Mon, 04 Sep 2017
Nike Popoola The IEI-Anchor Pension Managers Limited has been given the 2017 award of 'Africa's Best Innovative Pension Fund Administrator', by the Developments in Africa Merit Awards. A statement obtained from the firm said the Company Secretary/Legal Adviser, Femi Onoru, received the award on behalf of the company. In her acceptance speech, she appreciated the []
Mon, 04 Sep 2017
Online environment and development magazine, EnviroNews Nigeria, along with several other organisations and individuals, will be honoured during the 8th Environment Outreach Magazine Public Lecture and Environmental Awards ceremony scheduled to hold in Calabar on September 7. The 2017 Environmental Awards is expected to honour individuals and corporate bodies that have distinguished themselves in various []
Mon, 04 Sep 2017
Tana Aiyejina Businessman Aka Udofia has offered the Super Eagles the sum of $20,000 for every goal scored in Monday's 2018 World Cup qualifer against Cameroon's Indomitable Lions in Yaounde. The businessman from Akwa Ibom State made the promise as he briefly greeted players and officials inside the chartered ARIK Bombadier CRJ 1000 aircraft just []
Mon, 04 Sep 2017
Nike Popoola Sovereign Trust Insurance said its profit before tax rose by 57.5 per cent from N400m in 2016 to N630m in 2017. The firm said its profit after tax also rose by 57.6 per cent from N373m in 2016 to N588m in 2017. The firm said, 'Sovereign Trust Insurance has again maintained a very []
Mon, 04 Sep 2017
Tana Aiyejina The Super Eagles are set to take on Cameroon's Indomitable Lions in the second game of their Russia 2018 World Cup double-header qualifiers in Yaounde on Monday, after they virtually turned the African champions to helpless cubs with a 4-0 thumping in the first fixture in Uyo on Friday. Goals from China-based duo []
Mon, 04 Sep 2017
Bernard Ovoke scored a brace and Bolaji Sakin fired home an extraordinary strike on Sunday for Rivers to confirm their safety and at the same time drop Gombe down to the lower league today in Port Harcourt. Ovoke scored twice from the spot, before BolajiSakin's extraordinary strike on 90 minute put the game beyond redemption []
Mon, 04 Sep 2017
Captain Mikel Obi was in buoyant mood as the Super Eagles arrived Yaounde on Sunday for the 2018 World Cup qualifier against the Indomitable Lions of Cameroon on Monday. 'We are just very keen to finish what we started. We started a job in Uyo and it is time to finish it. If we can []
Mon, 04 Sep 2017
Success Nwogu, Ilorin The Nigerian Communications Commission has urged the Federal Government, the Federal Ministry of Sports, states and local governments to invest in other sporting activities than football. The Head of Administration, NCC, Mr. Kehinde Oladipo also stated that though it is important to continue to grow football in the country, other sports should []
Mon, 04 Sep 2017
The Confederation of African Football (CAF) has called off its final inspection visit to Kenya to assess preparations for the 2018 African Nations Championship, officials said on Sunday. A delegation was expected in Nairobi on September 7 but the current political situation in Kenya following the Supreme Court's decision to annul the results of last []
Mon, 04 Sep 2017
Hapoel Be'er Sheva striker Anthony Nwakaeme and Hull City defender Ola Aina are in line to make their Super Eagles debut against Cameroon on Monday after coach Gernot Rohr confirmed striker Odion Ighalo and defender Leon Balogun were doubtful for the World Cup qualifier. The Eagles boss said both players suffered slight injuries during the []
Mon, 04 Sep 2017
Former Green Eagles Goalkeeper, Emmanuel Okala, has joined other soccer buffs to urge Super Eagles Coach, Gernot Rohr, to maintain his 'present good selection'' of players against the Indomitable Lions of Cameroon on Monday. Okala, who was a former Super Eagles Goalkeeper Trainer, gave the advice while speaking to the News Agency of Nigeria on []
Mon, 04 Sep 2017
Twelve states have confirmed attendance for the third Chika Chukwumerije Sports Foundation Prix Series III scheduled for the Indoor Boxing Hall of the Old Parade Ground. Abuja, from September 8 to 9, organisers have said. There would be N.18m cash prizes for competitors in the adult category, as well as medals and certificates from all []
Mon, 04 Sep 2017
Ill Nigeria goalkeeper Carl Ikeme is inspiring his team-mates ahead of a key 2018 World Cup qualifier at African champions Cameroon on Monday, AFP reports. The 31-year-old shot-stopper was diagnosed with acute leukaemia during a routine medical at English second-tier club Wolverhampton Wanderers three months ago. 'We pledged to win this match for Carl,' said []
Mon, 04 Sep 2017
Twenty-eight years after, memories of Samuel Okwaraji's life and times have hardly gained any prominence, but Cowbell Milk, the leading brand of Promasidor Nigeria Limited, made the difference recently. At the main bowl of the National Stadium, Lagos, whereOkwaraji slumped and died while representing Nigeria,Cowbell Football Academy brought back memories of the footballer at the []
Mon, 04 Sep 2017
A source close to striker Aaron Samuel has toldSCORENigeria the CSKA Moscow striker quit the Super Eagles camp to return to China to collect 'millions' owed him by his former club. Samuel, who was recalled for the World Cup qualifiers against Cameron after a long absence, was allowed to leave the Eagles training camp in []
Mon, 04 Sep 2017
Romelu Lukakus goal allowed Belgium to become the first European nation to clinch qualification for the 2018 World Cup on Sunday as much-fancied France were held to an embarrassing goalless draw by Luxembourg. Manchester United striker Lukaku headed in a Thomas Meunier cross in the 74th minute in Piraeus for the decisive goal in a []
Mon, 04 Sep 2017
It is outrageous to suggest Englands players do not care about representing their country, manager Gareth Southgate said ahead of Mondays pivotal World Cup qualifier against Slovakia. England were jeered by their own fans during Fridays laboured 4-0 win in Malta and critics on social media claimed the players were not motivated. Southgate lamented the []
Mon, 04 Sep 2017
Maria Sharapovas Grand Slam return after a 15-month doping ban ended in the US Open fourth round Sunday with the former world number one losing to Latvian 16th seed Anastasija Sevastova. The 30-year-old Russian star, whose five Grand Slam titles include the 2006 US Open, fell 5-7, 6-4, 6-2 to Sevastova, who booked a Tuesday []
Mon, 04 Sep 2017
The President, Nigeria Football Federation, Amaju Pinnick, has called for more passion and commitment from the Super Eagles as they prepare to take on Cameroon again on Monday. The Nigerian delegation to Monday's 2018 FIFA World Cup qualifying match landed in Yaounde on Sunday afternoon. The NFF in a statement on Sunday said the Nigerian []
Mon, 04 Sep 2017
The president of French club Nice has said the collapse of midfielder Jean Michael Seris mooted move to Barcelona was entirely down to the Spanish giants. Speaking to French television station Canal Plus on Sunday, Jean-Pierre Rivere said he received a phonecall from Nices director general on Wednesday, August 23 to tell him that Barcelona []
Mon, 04 Sep 2017
Kano Pillars Football Club' on Sunday defeated visiting Elkanemi Warriors of Maiduguri 2-0 in a Nigeria Professional Football League match in Kano.' The week 37 match played at the Sani Abacha Stadium was watched by large number of spectators as usual.' Host Kano Pillars secured victory through 17th and 45th minute goals by Junior Lokosa []
Mon, 04 Sep 2017
Economic Renaissance byHenry Boyo lesleba@lesleba.com 08052201997 Petroleum marketers announced, in their communiqu of August 29, 2017, that they would commence mass retrenchment, unless government paid over $2bn outstanding invoices, and also settled their interest charges, on delayed payment and related exchange rate differentials. Nonetheless, in order to pay, government's present lean revenue expectations may compel []
Mon, 04 Sep 2017
Eze Onyekpere censoj@gmail.com; 08127235995 At a time other nations are planning and grappling with the uncertainties of a changing world, planning for the next 20 to 30 years, Nigeria is still locked down by internal strife and divisions. Many nations in Europe and Asia are now rolling out plans of a world not powered by []
Mon, 04 Sep 2017
Sampson Ikemitang The recent pronouncements by some countries like India, France, Britain and Norway over their plans to switch completely to electric cars and ditch vehicles with diesel and petrol engines between 2030 and 2040 have generated grave concerns as well as heated debate among analysts and pundits. Thus, sending shivers down the spine of []
Mon, 04 Sep 2017
Folu Olamiti One of the most debated issues in the Nigerian public space at the moment is the clamour for the political restructuring of the country. It has now become a singsong across the length and breadth of the country. But the debate has attracted diverse views and demands such that there appears to be []
Mon, 04 Sep 2017
Unidentified gunmen have struck in the Ekeremor Local Government Area of Bayelsa State, abducting a local boat owner, Chief John Okotoro. The incident was said to have occurred on Sunday at Amatu II community of Ekeremor LGA. The abductors, who reportedly shot continuously, were said to have stormed the area through a jetty at about []
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