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NAIJA NEWSPAPERS: TODAY'S THE PUNCH NEWSPAPER HEADLINES [16 OCTOBER, 2017].


Below are the headlines found on The Punch Online Newspaper for today, Monday, 16 October, 2017.

Mon, 16 Oct 2017
Oyetunji Abioye, Washington DC The Minister of Finance, Mrs. Kemi Adeosun, on Sunday, said the nation must borrow more in the short term to deliver critical infrastructural projects such as roads, rail and power. According to her, Nigeria currently has one of the lowest debt-to-Gross Domestic Product figures in the world and the administration has [] 

Mon, 16 Oct 2017
Segun Olugbile, Olusola Fabiyi, Olufemi Atoyebi, and Eniola Akinkuotu The Alaafin of Oyo, Oba Lamidi Adeyemi, on Sunday declared the National Coordinator of the Oodua Peoples Congress, Gani Adams, as the 15th Aare Ona Kakanfo of Yorubaland. The position was held last by the late MKO Abiola, who died in the detention camp of the [] 

Mon, 16 Oct 2017
Ade Adesomoju, Abuja President Muhammadu Buhari and the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN), have asked the Federal High Court in Abuja to strike out all suits seeking the removal of the Acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrhim Magu, from office. This honourable [] 


Mon, 16 Oct 2017
Friday Olokor, Success Nwogu, Ihuoma Chiedozie, Adelani Adepegba, and Godwin Isenyo President Muhammadu Buharis directive to the World Bank attracted more condemnations on Sunday as two North-Central groups said the President did not have the Middle Belt at heart. Also, the Southern Leaders Forum berated the President, saying Buhari deployed troops in the South and [] 

Mon, 16 Oct 2017
Tony Okafor, Awka The Indigenous People of Biafra has urged parents and guardians in the South-East to send their children and wards back to school. Some parents and guardians in the area had on Wednesday withdrawn their children from schools following a rumour that a military medical outreach was administering lethal injection to pupils in [] 

Mon, 16 Oct 2017
John Alechenu, Abuja The All Progressives Congress has rebuked the opposition Peoples Democratic Party over its criticisms of a plan by the Federal Government to borrow $5.5bn from the international market. According to the APC, unlike the former ruling party, the President Muhammadu Buhari-led APC administration was not seeking to borrow the money for recurrent [] 

Mon, 16 Oct 2017
Olalekan Adetayo, Abuja The Presidency on Sunday said members of the National Assembly were among persons who enjoyed free medical services from the State House Medical Centre which the federal lawmakers are currently investigating. It also said the centre received only N1.195bn as appropriation between 2015 and 2017 contrary to the reported N11.01bn. The House [] 

Mon, 16 Oct 2017
Oladimeji Ramon A civil society organisation, the Civil Society Network Against Corruption, on Sunday berated the Governor of Imo State, Rochas Okorocha, for playing host to the President of South Africa, Jacob Zuma. The group, in a statement posted on the Facebook page of its Chairman, Olanrewaju Suraju, condemned Okorocha for not only directing an [] 

Mon, 16 Oct 2017
Kamarudeen Ogundele, Ado Ekiti The Ekiti State Governor, Ayodele Fayose, on Sunday fulfilled his promise to reward the recently released Finance Commissioner, Toyin Ojo, and the state Accountant General, Mrs. Yemisi Owolabi, with new cars. The governor handed over the keys to new Kia Rio cars shortly after a thanksgiving service to mark his third [] 

Mon, 16 Oct 2017
John Ameh, Abuja The House of Representatives has summoned the Nigerian Bottling Company Limited and 90 other major carbonated/soft drinks manufacturing companies in the country over allegation of harmful substances contained in some products sold to Nigerian consumers. Findings by The PUNCH on Sunday showed that Seven-Up Bottling Company Plc; Sona Breweries Plc; Guinness Nigeria [] 

Mon, 16 Oct 2017
Roger Federer said he saved the best for last after he beat great rival Rafael Nadal for the fifth time in succession to win the Shanghai Masters on Sunday, AFP reports. The surprisingly one-sided 6-4, 6-3 victory over the world No 1 from Spain brought a 94th title for the Swiss legend, drawing him level [] 

Mon, 16 Oct 2017
Olalekan Adetayo, Abuja and Ovie Okpare, Warri The Presidency on Sunday said there was no truth in the media reports that the Nigerian National Petroleum Corporation awarded contracts worth $25bn. The Senior Special Assistant to the Vice President on Media and Publicity, Mr. Laolu Akande, made the clarification in a statement made available to journalists, [] 

Mon, 16 Oct 2017
Olusola Fabiyi, Abuja The leadership of the Peoples Democratic Party in the South-West has appealed to other geo-political zones in the southern part of the country to allow the national chairman of the party to come from the zone. It said for the sake of equity, both the South-South and the South-East should support the [] 

Mon, 16 Oct 2017
Leke Baiyewu, Abuja The Nigerian Ports Authority has projected N288bn revenue for the 2017 fiscal year and plans to spend N278bn on recurrent and capital expenditures, leaving only N10bn for the Federal Government. The NPA also proposed a surplus of N8bn in 2017. These figures were made known by the Senate Committee on Marine Transport [] 

Mon, 16 Oct 2017
Olaleye Aluko, Abuja The Minister of State for Education, Prof. Anthony Anwuka, who was flown to the United States for medical treatment, came back on Sunday after spending 27 days. Anwuka, who arrived at the Nnamdi Azikiwe International Airport, Abuja, at about 6pm, told journalists that he did not receive any funds from the Federal [] 

Mon, 16 Oct 2017
Ade Adesomoju, Abuja The Federal Government has said the trial of some of the 1,670 Boko Haram suspects, detained in Wawa Barracks, Kainji, Niger State, is stalled due to absence of witnesses. The Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, had said in a statement that a special prosecution arrangement, [] 

Mon, 16 Oct 2017
Sesan Olufowobi The Lagos State Governor, Akinwunmi Ambode, on Sunday said the late Afrobeat legend, Fela Anikulapo-Kuti, was as an enigmatic artiste who used his art to fight bad governance. The governor stated this during the inauguration of the Liberation Statue in honour of Fela, erected at Allen Roundabout in Ikeja. The inauguration was part [] 

Mon, 16 Oct 2017
Friday Amobi, Port Harcourt The Federal Government has handed over fish ponds, farms and poultry to no fewer than 73 ex-militants in the Niger Delta as part of the Presidential Amnesty Programme. The beneficiaries had been trained at the Songhai Farms in Rivers State on various agricultural enterprises and facilities. Fingerlings, chicks and crops were [] 

Mon, 16 Oct 2017
Sesan Olufowobi A non-governmental organisation, the Foodclique Support Initiative, has said there is the need to stop open wastage of food across the country, especially at parties. The Media Director of the group, Adeola Adetola on Sunday, said it saddened the heart to see some Nigerians wasting food when millions of people had nothing to [] 

Mon, 16 Oct 2017
Olalekan Adetayo, Abuja The Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, on Sunday said it was not his style to respond to those he described as wailing wailers in their private capacities. Adesina said this in a telephone interview with our correspondent. Our correspondent had asked for his reaction to [] 

Mon, 16 Oct 2017
The Oyo State Governor, Abiola Ajimobi and the Alaafin of Oyo, Oba Lamidi Adeyemi, are set to grace the centenary celebration of the return of Okeho to its original site. According to the planning committee, the occasion is for celebrating 100 years of living together in the community without internal or external threat. It, however, [] 

Mon, 16 Oct 2017
Vice President Yemi Osinbajo said God had a purpose for the Nigeria with the kind of persons He put in positions of authority in the country at this time. He stated this at the Kingdom Summit 2017 of the Redeemed Christian Church of God (RCCG), Kings Court Parish, Victoria Island, Lagos, on Sunday. Osinbajo, however, [] 

Mon, 16 Oct 2017
The Speaker of House of Representatives, Mr Yakubu Dogara, says that the legislature is in the process of passing laws to tackle poverty in Nigeria. He made this known on Sunday in his remarks at a sensitisation programme tagged kick out poverty, organised by Elizabeth Foundation, a non-governmental organization, in Abuja. The programme was organised [] 

Mon, 16 Oct 2017
Britain and Ireland braced Sunday for a lashing fromOphelia, the largest hurricane ever recorded so far east in the Atlantic Ocean, after it dumped heavy rains on Portugals Azores islands. As the storm passed near the Azores archipelago on Saturday it was classed Category 3, which means it packed winds of at least 178 kilometres [] 

Mon, 16 Oct 2017
US Congressman David Cicilline, has pledged to donate his brain to research into a degenerative brain disease detected in former football players. Cicilline, a Democratic Rep. from Rhode Island, played Pop Warner football in his youth. Chronic Traumatic Encephalopathy has been detected after death in more than 200 men and boys who played football at [] 

Mon, 16 Oct 2017
France will strip disgraced Hollywood movie mogul Harvey Weinstein of the prestigious Legion dHonneur, President Emmanuel Macron said Sunday. I have taken steps to revoke the Legion dHonneur (Legion of Honour) from Weinstein accused by several women of sexual harassment, groping and rape Macron said in a televised interview. Weinstein was made a [] 

Mon, 16 Oct 2017
ILLEGAL recruitment into the Federal Civil Service, the catalyst of bloated wage bills and recurrent expenditures, is still flourishing, amid efforts to sanitise the payroll and instil order in governance. This is a paradox that underlines the weakness of policy measures adopted so far to tame the scourge. The Senate is on the verge of [] 

Mon, 16 Oct 2017
Tony Okafor, Awka The Minister of Labour and Employment, Dr Chris Ngige, has said that a former governor of Anambra State, Mr. Peter Obi came into politics without a vision. Ngige spoke in Awka, Anambra State capital, during a stakeholders' meeting of the All Progressives Congress in preparation for its governorship campaign. He added that [] 


Mon, 16 Oct 2017
Nigeria celebrated 57 years of independence last week. What does 57 mean to you' What is your reality' Are you 57 with little in the way of savings' Sadly, this is a common problem. The good news is that you can start making changes today that will help you along the journey to independence. Financial [] 

Mon, 16 Oct 2017
Maureen Ihua-Maduenyi As the country gradually exists recession, stakeholders are set to examine the short-term indicators and long-term structural changes that will reinstate investor confidence in the nation's real estate industry. According to the organisers of the Real Estate Unite, this and many more issues that affect the industry will form the basis for discussion [] 

Mon, 16 Oct 2017
Maureen Ihua-Maduenyi Estate surveyors and valuers in the country have been asked to ensure compliance with international best practices in valuation. The Chairman, Lagos State Branch, Nigerian Institution of Estate Surveyors and Valuers, Mr. Rogba Orimalade, stated at the Mandatory Continuous Professional Development Programme of the branch that the profession was challenged by lack of [] 

Mon, 16 Oct 2017
Peter Dada, Akure The Ondo State Government has established a special court to prosecute residents who construct buildings without following approved plans given by the government. The government said there was a need for the residents of the state to adhere to its policy on construction of buildings, noting that failure to do that would [] 

Mon, 16 Oct 2017
Umar Muhammed, Lafia In a bid to curb the perennial crisis in Nasarawa State, Fulani herdsmen and farmers in the Doma Local Government Area of the state on Sunday signed a peace agreement. The meeting was attended by the Fulani, Alagos, Eggons, Madas, Tivs, Migilis, traditional rulers and security agencies from the area. A civil [] 

Mon, 16 Oct 2017
Stanley Opara The Managing Director/Chief Executive Officer, Guinness Nigeria Plc, Peter Ndegwa, spoke to STANLEY OPARA on the growth of the company amid the current economic realities in Nigeria Guinness Nigeria recorded 131 per cent increase in operating profit year-on-year for 2017 financial year. How was the company able to achieve this despite the state [] 

Mon, 16 Oct 2017
Stanley Opara A total turnover of 1.555 billion shares worth N13.504bn in 18,409 deals were traded last week by investors on the floor of the Nigerian Stock Exchange, according to the bourse's weekly report. This was in contrast to a total of 1.493 billion shares valued at N15.107bn that exchanged hands the penultimate week in [] 

Mon, 16 Oct 2017
Following the Federal Government's initiatives to improve housing finance, many state governments are addressing issues of access to land and Certificates of Occupancy, MAUREEN IHUA-MADUENYI writes To complement efforts of the Federal Government to improve access to mortgage financing and the country's housing problem, various state governments are beginning to address the challenges associated with [] 

Mon, 16 Oct 2017
Maureen Ihua-Maduenyi Events venue owners in Nigeria have been asked to deliver on their mandate of providing quality services to their clients in order to deepen the industry's contribution to the economic development of the country. The Chief Executive Officer and Co-founder of an online platform for the booking of venues, Venuecompass.com, Mr. Adekunle Owoeye, [] 

Mon, 16 Oct 2017
Maureen Ihua-Maduenyi Property developer, Grenadines Homes, has unveiled a programme to attract foreign investors to the country with investment options for part-ownership in The Oceanna. The Group Managing Director, Palton Morgan Holdings, parent company of Grenadines Homes, Mr. Adeyinka Adesope, said the hotel segment of The Oceanna had been opened to part-ownership with high returns [] 

Mon, 16 Oct 2017
Femi Makinde, Osogbo Osun State Governor, Mr. Rauf Aregbesola, has expressed frustration at the refusal of traders, who rented shops at the Ayegbaju International Market, Osogbo, to start trading at the market. The Senior Special Assistant to the Governor on Commerce, Hakeem Okunade, said at a press briefing in Osogbo that traders had paid for [] 

Mon, 16 Oct 2017
Luxury commercial real estate and hospitality company, Sujimoto Construction; has been recognised by the International Property Awards for value creation in Nigeria's real estate industry. The Chief Executive Officer of the company, Sijibomi Ogundele, said the approach of excellence and attention to detail that went into the firm's Medici development earned it the award. He [] 

Mon, 16 Oct 2017
Loans are inevitable for most adults. But taking out a loan doesn't always work out well. So what mistakes are you most likely to make in the loan process' According to money.usnews.com, below are some of the mistakes customers make when taking out loans. Not reading the fine print There are always important gems of [] 

Mon, 16 Oct 2017
Global urban house price growth is slowing for the first time since the start of 2016 with a decline being seen in Chinese cities while Toronto leads the annual rankings. According to Propertywire.com, over the index from international real estate agents Knight Frank increased by 6.1 per cent in the 12 months to June 2017, [] 

Mon, 16 Oct 2017
Maureen Ihua-Maduenyi Global Property Partners, a consortium of firms with diverse interests in real estate and infrastructure development, has revealed plans to hold an international summit on infrastructure development in Lagos. The summit, scheduled for October 26, is expected to attract some key players in the infrastructure finance and development industry, both in Nigeria and [] 

Mon, 16 Oct 2017
Nike Popoola Insurance brokers have developed stronger ties with their foreign counterparts in the last two years, the outgoing President, Nigerian Council of Registered Insurance Brokers, Mr. Kayode Okunoren, has said. Okunoren, who spoke during his valedictory press briefing in Lagos, said, 'I am most delighted to state that we have furthered the frontiers of [] 

Mon, 16 Oct 2017
Personal loans are one of many types of loans you can borrow from a bank. These loans are typically general purpose loans that you can use at your discretion for things like consolidating debt or paying for an unexpected expense or small home improvement project. Personal loans are often more difficult to get and have [] 

Mon, 16 Oct 2017
Sovereign Trust Insurance Plc has expressed its decision to introduce new plans to drive the company's growth in the next five years. The Chairman of the company, Seun Ajayi, disclosed this during the firm's 22nd annual general meeting in Lagos. 'We are currently in the process of initiating another five-year strategic direction that will take [] 

Mon, 16 Oct 2017
Henry Boyo My brother, Nigeria is managing debt not wealth, because a big hole was dug in her pocket after the jamboree called FESTAC 77. The TB (Treasury bill) is government borrowing to finance the deficit. If you understand public finance well, you will know it is the function of the CBN to ensure the [] 

Mon, 16 Oct 2017
Eze Onyekpere The recent cancellation of the pilotage contract between the Nigeria Ports Authority and Intels based on the advice of the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, raises a lot of issues and unanswered questions. Apparently, on a misunderstanding of the terms of a contract entered by the NPA and [] 

Mon, 16 Oct 2017
Michael Orimobi Continued from Friday Further to liberalising the economy, the NIPC Act contains a number of investment assurances and incentives. These assurances and incentives together make the Nigerian economy more attractive to foreign investors. A foreign investor is guaranteed unconditional transferability of funds in freely convertible currency through an authorised dealer: Dividends or profits [] 
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