For today, August 10 2016:
THE GUARDIAN NEWSPAPER
South West PDP rejects zoning of chairman position to Lagos
Peoples
Democratic Party (PDP) leadership in the South West yesterday rejected
the Monday’s zoning of the chairman position of the party to Lagos State
by some PDP Governors and leaders of the party.
Army hunts for killers of soldiers in Bayelsa
A
manhunt has begun for militants who killed three soldiers attached to
the Operation Delta Safe in Bayelsa State on Monday, according to the
Nigerian Army. READ MORE
Osinbajo sustains conversation on reparation for slavery
Vice President Yemi Osinbajo said yesterday that issues relating to reparations for slavery can only be delayed and not denied.
THE VANGUARD NEWSPAPER
Budget Padding: EFCC grills Jibrin for seven hours
ABUJA
— The Economic and Financial Crimes Commission, EFCC, yesterday,
commenced a formal probe into alleged padding of the 2016 federal
budget, with the former chairman of the House of Representatives
Committee on Appropriation, Abdulmumin Jibrin being grilled for seven hours. READ MORE
Anti-graft war: NPCC to take over prosecution of ex-govs
ABUJA
—The Federal Government has given the National Prosecution Coordination
Committee, NPCC, the nod to take over the trial of high profile public
officers, especially former governors, alleged to have looted their
state treasuries
CBN sets new limit for sale of foreign exchange cash to BDC
LAGOS
— The Central Bank of Nigeria, CBN, yesterday, set a new limit of $30,
000.00 per week for the sale of foreign exchange cash from the
Authorised Dealers, ADs to Bureaux de Change, BDCs, just as the Naira
depreciated to N350 per dollar.
THE PUNCH NEWSPAPER
Town hall drama: Nigerians tackle Buhari’s ministers
Nigerians
on Tuesday tackled members of President Muhammadu Buhari’s cabinet
about poverty and rot in the country at a dramatic town hall meeting in
Abuja.
Jonathan using Avengers to destabilise Buhari govt — MEND
The
Movement for the Emancipation of the Niger Delta says it has been
vindicated by the Reformed Niger Delta Avengers’ allegation that former
President Goodluck Jonathan is a grand patron of new militant group, the
Niger Delta Avengers.
Presidency backs Dogara, says budget not padded
The Presidency on Tuesday said the 2016 budget, which President Muhammadu Buhari signed into law, was not padded. READ MORE
THE NATION NEWSPAPER
Budget padding: EFCC writes Clerk, Perm Sec
The
Economic and Financial Crimes Commission (EFCC) has written the
National Assembly Clerk, Mohammed Sani Omolori, and the Permanent
Secretary, Ministry of Budget and National Planning over the budget
padding scandal, it was learnt yesterday.
Lagos to seize properties used by kidnappers
THE
Lagos State Government yesterday warned that it will not hesitate to
confiscate houses and hotels used as hideouts for kidnapping and other
criminal activities.
Troops swoop on creeks for soldiers’ killers
The military
swung into action yesterday, combing some creeks and waterways in
Bayelsa State for the militants who killed three soldiers at a
checkpoint near Nembe Jetty on Monday.
BUSINESSDAY NEWSPAPER
CBN tightens noose on its lending window
The
Central Bank of Nigeria (CBN) yesterday barred all authorised dealers
from accessing its discount window standing lending facility (SFL) on
the settlement date for government securities' auction, in a renewed
effort at monitoring and managing banking system liquidity.
Recession creates opportunities to formalise export, mining sectors
The
economic recession currently besetting Nigeria provides big
opportunities to formalise the export and solid minerals sectors an
enable them serve as engines of growth rebound, experts say.
Experts see devaluation gains on Eurobond auction
The
timing of Nigeria's record Eurobond auction, coinciding with a recent
devaluation of the nation's currency may be an auspicious time to rake
in more money into the economy, experts say.
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