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NAIJA NEWSPAPERS: Today's The Punch Newspaper Headlines [28 June, 2017].



Wed, 28 Jun 2017
Football and showbiz stars gather in northern Argentina on Friday for Latin Americas celebrity wedding bash of the decade when Barcelona superstar Lionel Messi marries his childhood sweetheart Antonella Roccuzzo. Here is what we know from the few details given by Messis spokespeople as well as media reports and local people close to the event [] 

Wed, 28 Jun 2017
Oscar is suspended for eight games after a brawl. Carlos Tevez riles fans with a trip to Disneyland while his club are playing. Ezequiel Lavezzi and Hulk deny being anti-Chinese. As the Chinese Super League (CSL) hits the halfway point of the season this weekend, the megabucks lavished on imported players has triggered unprecedented interest, [] 

Wed, 28 Jun 2017
A LOT of Nigerians believe that government is ponderous and lacks the leadership acumen to move the country forward. The result is a dysfunctional entity where there is chronic infrastructure deficit. This chaos is particularly pronounced in road infrastructure. Apapa, Lagos, Nigeria's maritime hub, is an archetypal example. The remiss hampers business and is a [] 

Wed, 28 Jun 2017
Oyetunji Abioye The President, Chartered Institute of Bankers of Nigeria, Prof. Segun Ajibola, has outlined national integration, policy planning and implementation, as well as citizen mobilisation as key elements on the path to the country's economic growth. Ajibola submitted that national integration and successful policy planning and implementation were inseparable. He said, 'Nigeria as a [] 

Wed, 28 Jun 2017
Ecobank Nigeria says operators of the Small and Medium Enterprises in the country can approach the bank for their foreign exchange needs for importation. This, it said, was in line with Central Bank of Nigeria's recent directive to banks to support the SMEs with forex for import. The Head, SME Commercial Banking, Ecobank Nigeria, Mr. [] 

Wed, 28 Jun 2017
Nike Popoola Great Nigeria Insurance Plc's assets rose to N10.7bn at the end of the 2015 financial period, the company said in a statement on Tuesday. The Chairman of the company, Mr. Bade Aluko, stated this during the firm's 49th Annual General Meeting. 'As at December, 2015 GNI Plc's total assets stood at N10.7bn, representing [] 

Wed, 28 Jun 2017
Stanley Opara The Nigerian equities market is expected to see more of bearish trading this week despite the negative trend that pervaded the market last week. Sell pressures prevailed in the market last week as investors began profit taking activities on stocks that have been trading at high prices following the recent bullish run. 'We [] 

Wed, 28 Jun 2017
The Committee on Payments and Market Infrastructures and the International Organisation of Securities Commissions have published for public comment a consultative report on 'Harmonisation of critical over-the-counter derivatives data elements'. The report seeks general and specific comments and suggestions from respondents by August 30 2017, using the dedicated response form. The completed form, according to [] 

Wed, 28 Jun 2017
Stanley Opara The Chartered Institute of Stockbrokers says it is committed to fighting quackery in the profession with a view to protecting investors and building requisite market confidence. The Chairman, Organising Committee of the CIS National Workshop, Alhaji Umaru Kwairanga, said this while commenting on the future of the stock-broking profession in Nigeria. The institute, [] 

Wed, 28 Jun 2017
Ifeanyi Onuba, Abuja The Auditor-General for the Federation, Mr. Anthony Ayine, has called for the speedy passage of the Audit Bill by the National Assembly in order to strengthen the government's anti-corruption campaign. Ayine, according to a statement issued on Tuesday by his office, stated this when the Conference of Auditors-General for Local Governments in [] 

Wed, 28 Jun 2017
Maureen Ihua-Maduenyi The Nigerian Civil Aviation Authority has called on Global System for Mobile Communications operators and landing facilities owners to obtain aviation height clearance permits and licences before constructing high rise structures. The NCAA said the aviation height clearance permits and licences were to be obtained before the construction of towers, telecommunication masts, high [] 

Wed, 28 Jun 2017
The European Union antitrust regulators on Tuesday hit Alphabet unit of Google with a record '2.42bn ($2.7bn) fine, Reuters reported on Tuesday. The commission took a tough line in the first of three investigations into the company's dominance in searches and smartphones. It is the biggest fine the EU has ever imposed on a single [] 

Wed, 28 Jun 2017
In pursuance of its mission to uplift the lives of the communities in which the United Bank for Africa Plc operates, UBA Foundation's initiative, Read Africa, is visiting schools in African countries to encourage children embrace the culture of reading. According to a statement by the pan-African lender, Read Africa is an initiative of the [] 

Wed, 28 Jun 2017
Banks in the United Kingdom have been ordered to put aside an extra 11.4bn to deal with any future economic slowdown as part of a major package of new rules designed to stop a lending boom turning into a dangerous bust. The Bank of England has told banks to prepare for tighter rules on credit [] 

Wed, 28 Jun 2017
Okechukwu Nnodim, Abuja The French government has announced that it has set aside about '1bn to be invested in Nigeria's oil and gas industry, and that Nigeria remains its first economic trading partner in Africa. The France Ambassador to Nigeria, Denys Gauer, announced this when the Group General Manager, Group Public Affairs Division of the [] 

Wed, 28 Jun 2017
Nike Popoola Three years after the Pension Reform Act, 2014 mandated public and private sector organisations to increase the minimum pension contribution of both employers and employees to the Retirements Savings Account of workers from 15 per cent of the total monthly emolument to 18 per cent; the Federal Government has yet to comply with [] 

Wed, 28 Jun 2017
Maureen Ihua-Maduenyi The Airline Operators of Nigeria has called on the Federal Government to come up with deliberate economic policies to help grow the aviation industry. The Chairman of AON, Capt. Nogie Meggison, said that there was an urgent need for policies that will eliminate the many challenges that were adversely affecting the growth of [] 

Wed, 28 Jun 2017
Anna Okon The Director-General, Nigerian Maritime Administration and Safety Agency, Dr. Dakuku Peterside, has stated that there can be no maritime sector without seafarers. He stated this as NIMASA joined the rest of the world in commemorating the International Day of Seafarers. Peterside stated this during a joint visit to the Apapa Port in Lagos [] 

Wed, 28 Jun 2017
Many motorists are guilty of lane indiscipline, a major cause of highway gridlock that is costing the nation a huge loss, the Founder, Safety Beyond Borders, Mr. Patrick Adenusi, has said. For instance, he said about 100,000 vehicles were daily being trapped in avoidable gridlock on the Lekki-Epe Expressway due to lane indiscipline, resulting in [] 

Wed, 28 Jun 2017
The agribusiness industry has thrived in recent years, and for people who want to start their own business, I would advise them to try raising grasscutters. If you don't flow with the tide and changing time, you will be left behind. Given the state of the economy, grasscutter farming is one of the most lucrative [] 

Wed, 28 Jun 2017
If you have past due debts, your creditors may take steps to collect directly from your bank by freezing your bank accounts (also called a bank account levy). Even if you are able to remove the bank account levy, you will probably still suffer negative consequences, according to http://www.nolo.com. While your bank account funds are [] 

Wed, 28 Jun 2017
Author of 'Practical steps to financial independence' and personal finance coach, Usiere Uko, writes on investing in commercial papers A commercial paper is an unsecured debt instrument issued by a company or corporation to raise working capital or meet short term liabilities. It is regarded as unsecured because it does not have a bank guarantee [] 

Wed, 28 Jun 2017
Maureen Ihua-Maduenyi A coalition of inter-state transport operators known as the Association of Luxury Bus Owners of Nigeria, the Association of Mass Transit Operators of Nigeria and the Benin Transport Owners Association have revealed plans to form a new association to tackle some of the challenges they face. The decision was contained in a communiqu [] 

Wed, 28 Jun 2017
The Aviation Roundtable, an industry advocacy group, has called on the Federal Airports Authority of Nigeria, the Nigerian Airspace Management Agency and trade unions operating at the nation's airports to overhaul their communications systems by investing in modern technology. The ART, while commending the Presidency for the recently issued Executive Orders designed to facilitate the [] 

Wed, 28 Jun 2017
A frozen bank account is a bank account that you cannot access because a creditor has placed a restraint on it. When your bank account is frozen, you can put money into it, but you can't take money out, according to http://www.neweconomynyc.org. Why is my bank account frozen' A frozen bank account is a sure [] 

Wed, 28 Jun 2017
Tana Aiyejina The Director, Aspire Football Dreams (Nigeria), Col. Sam Ahmedu (retd.), who played a major role in the football development of new Everton signing Henry Onyekuru, believes the youngster can become Nigeria's next big thing in the Premier League, even though he would have preferred him joining Arsenal. Onyekeru, who has a 6.8m release [] 

Wed, 28 Jun 2017
Dani Alves has bid farewell to Juventus as he looks set to join Manchester City, Goal reports. The right-back has agreed a two-year deal with the Premier League side but they are yet to make an announcement. But the 34-year-old confirmed his departure from the Serie A champions on Instagram, posting a picture of him [] 

Wed, 28 Jun 2017
A sum of $2m was sent to the 10-year-old daughter of a FIFA official prior to Qatar being awarded the hosting of the 2022 World Cup, according to Bild. The German daily published from Tuesday American independent investigator Michael Garcia's report into alleged bribery and corruption during the bidding for the hosting of the 2018 [] 

Wed, 28 Jun 2017
Tana Aiyejina Edo State Deputy Governor Philip Shaibu has been mobilising support for Insurance ahead of their NNL clash with table toppers Heartland in Owerri on Wednesday. A second half strike by Oriseweyim ensured the Benin side took all three points in the first fixture at the Samuel Ogbemudia Stadium but Shaibu is not taking [] 

Wed, 28 Jun 2017
Copa America champions Chile will try to curb Portugal superstar Cristiano Ronaldo in Wednesday's Confederations Cup semi-final with the goal-ace in rich form despite a tax storm brewing in Spain, AFP reports. The 32-year-old converted a penalty in Saturday's 4-0 thrashing of New Zealand to claim his 75th international goal. The Real Madrid forward has [] 

Wed, 28 Jun 2017
Tana Aiyejina Dallas Mavericks forward Dirk Nowitzki says he is honoured to be part of the NBA Africa Game 2017 scheduled for the Ticketpro Dome in Johannesburg, South Africa, on August 5. The National Basketball Association and National Basketball Players Association announced on June 19 that German Nowitzki, American Kemba Walker (Charlotte Hornets), Atlanta Hawks' [] 

Wed, 28 Jun 2017
Peter Dada, Akure Former international Duke Udi is allegedly stalling on agreeing a contract with Sunshine Stars after talks with the Akure Premier League side broke down. The management of Sunshine Stars on Tuesday said Udi had not been employed by the club. Udi, who dumped Osun United expecting to take the reins at Sunshine [] 

Wed, 28 Jun 2017
Festus Abu Wolves goalkeeper Carl Ikeme has urged his Nigeria teammates to be wary of Cameroon's threat despite their poor performance at the Russia 2017 FIFA Confederations Cup. Cameroon were dumped out of Russia 2017 after their 3-1 defeat to world champions Germany on Sunday. The African champions began their Confederations Cup campaign with a [] 

Wed, 28 Jun 2017
The Yoruba say that a man with a hoe will naturally scoop the soil towards himself; and so the self-centred members of the National Assembly have tweaked the 2017 Budget and increased their budget spend, from N115bn in 2016, to N125bn in 2017. Also, they diverted state resources to their pet constituency projects, so they'd [] 

Wed, 28 Jun 2017
Last month, Nigeria celebrated 18 years of uninterrupted democratic rule. Both the executive and legislative arms spoke glowingly of their contributions to the country's democratic consolidation. However, not much was heard about the contributions of the third arm, the judiciary. In the recent past, particularly under this All Progressives Congress government, there have been unrelenting [] 

Wed, 28 Jun 2017
Uchenna Uwaleke The latest GDP growth figure released by the National Bureau of Statistics shows that the economy contracted by 0.52 per cent in the first quarter of 2017- the fifth consecutive time since the onset of the recession. In response to the persistent downturn in economic activities, the Federal Government launched the Economic Recovery [] 

Wed, 28 Jun 2017
Eddy Omolehinwa While signing the 2017 Appropriation Bill into law earlier this month, the Acting President, Yemi Osinbajo, complained about the illegal projects introduced into the Appropriation Bill by the National Assembly. Some National Assembly members in turn asked the Acting President why he signed the Appropriation Bill into law knowing that the bill contained [] 

Wed, 28 Jun 2017
Pat Utomi The paradoxes that define Nigeria's journey so far puzzle me to the point of migraine. The self-inflicted setbacks, the little things that get compounded into complex crises and the men you hope will be White Knights that end up with feet of clay. Now, we are knocking again at Kaplan's gate when we [] 

Wed, 28 Jun 2017
Samson Folarin The management of Little Palace Hotel, Ishawo, Ikorodu, Lagos State, has accused the Nigerian Army of forcefully taking over its facility. It alleged that the manager of the hotel, Friday Imhanzuria, was arrested and detained for over two months at the Nigerian Navy Base, Apapa, for demanding the reopening of the hotel. The [] 

Wed, 28 Jun 2017
Gbenga Adeniji A N unidentified policeman has lost his life in a boundary riot between residents of the Billiri and Shongom council areas in Gombe State. Eyewitnesses said the policeman was killed when hoodlums stormed Billiri and burnt houses in Kufai and Kolkos in the council area. The deceased was among the security operatives deployed [] 

Wed, 28 Jun 2017
Friday Olokor, Jos The Plateau State Government says it suspended the provision of traditional Eid-el-fitr rams and gifts because of the prevailing economic recession in the country. Governor Simon Lalong, who stated this on Tuesday, added that he planned to resume the practice as soon as 'we conquer the financial challenges occasioned by economic recession.' [] 

Wed, 28 Jun 2017
Afeez Hanafi Residents of Soluyi in the Gbagada area of Lagos State have expressed fear over the imminent danger posed by high-tension wires abandoned in a canal in the community. PUNCH Metro learnt that the wires fell about two weeks ago after a rainfall and the Ikeja Electric was alerted immediately. It was said that [] 

Wed, 28 Jun 2017
Peter Dada, Akure No fewer than four persons lost their lives in a fatal motor accident which occurred on Ododibo Street, in the Yaba area of Ondo town, Ondo State, at 10.30pm on Monday. It was gathered that two of the victims were sex workers who were coming from a night show in the town. [] 

Wed, 28 Jun 2017
The parents of a sickly 10-month-old baby have lost their court bid asking to be granted leave to take their gravely ill baby to the United States for medical treatment. The European Court of Human Rights on Tuesday said it concurred with a British decision to withdraw life support for a baby with a rare [] 
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