NAIJA NEWSPAPERS: TODAY'S THE PUNCH NEWSPAPER HEADLINES [10TH OCTOBER, 2017].




Below are the headlines found on The Punch Online Newspaper for today, Tuesday, 10th October, 2017.


Tue, 10 Oct 2017
Okechukwu Nnodim, Ozioma Ubabukor and Leke Baiyewu and Oladimeji Ramon The Group Managing Director, Nigerian National Petroleum Corporation, Maikanti Baru, on Monday, declared that it was most unfortunate for the Minister of State for Petroleum Resources, Ibe Kachikwu, to assert that he (Kachikwu) was never involved in the recent Crude Oil Term Contracts. Kachikwu, who [] 



Tue, 10 Oct 2017
Tony Okafor, Awka The Indigenous People of Biafra on Monday accused those it called Igbo political contractors of trying to strangulate the Biafra agitation. The group said such contractors were envious of IPOBs popularity and its demonstrable feat in the struggle. IPOBs Media and Publicity Secretary, Emma Powerful, in a statement in Awka, Anambra State, [] 



Tue, 10 Oct 2017
Sesan Olufowobi, Friday Olokor and Bukola Adebayo The National Centre for Disease Control, Abuja, has said that 31 cases of suspected monkeypox virus cases have been recorded in seven states. The affected states are Ekiti, Akwa Ibom, Lagos, Ogun, Bayelsa, Rivers and Cross River states. Monkeypox is a rare a viral zoonotic disease that occurs [] 



Tue, 10 Oct 2017
Ade Adesomoju, Abuja The Federal Government, through the Office of the Attorney General of the Federation, has charged 51 defendants, including nine policemen with illegal dealing in firearms. Our correspondent on Monday obtained a copy of the information sheet containing two counts, filed before the Yola Division of the Federal High Court. The case marked, [] 



Tue, 10 Oct 2017
Tony Okafor, Awka The Movement for the Actualisation of a Sovereign State of Biafra has condemned a fresh military invasion of the home of Eze Israel Kanu, the father of Nnamdi Kanu, the leader of the Indigenous People of Biafra, at Afara Ukwu, Abia State. In a statement in Awka, Anambra State, on Monday by [] 


Tue, 10 Oct 2017
Olalekan Adetayo, Abuja Aisha, the wife of President Muhammadu Buhari, on Monday, publicly upbraided the Chief Medical Director of the State House Medical Centre, Dr. Husain Munir, for the poor state of the health facility established to take care of the President, Vice-President, their families as well as members of staff of the Presidential Villa, [] 

Tue, 10 Oct 2017
Oladimeji Ramon The Economic and Financial Crimes Commission on Monday arraigned two oil marketers and their firms for an alleged fraud of N7.8bn. The defendants Ogbor Eliot; Godwin Okoronkwo; Danium Energy Services Ltd.; and Petrosol Energy Ltd. were arraigned on 10 counts before the Federal High Court in Lagos. In the charges, the [] 


Tue, 10 Oct 2017
Ihuoma Chiedozie and Oladimeji Ramon A former president of the Nigerian Bar Association, Dr. Olisa Agbakoba (SAN), has sued the Federal Government for allegedly discriminating against the South-East geopolitical zone in its July 5, 2016 appointment into the board of the Nigerian National Petroleum Corporation. Agbakoba, in the suit filed before the Federal High Court [] 


Tue, 10 Oct 2017
Olalekan Adetayo and John Charles A former Chief of Army Staff under President Olusegun Obasanjo, Lt. Gen. Victor Malu, is dead. According to a family source in Makurdi, Malu died early on Monday in Cairo, where he had travelled to two weeks ago for medical treatment. The family source, who is a cousin to Malu, [] 


Tue, 10 Oct 2017
Adelani Adepegba, Abuja The BringBackOurGirls coalition has said it will resume street protest on Thursday in Abuja towards making the Federal Government to secure the release of the remaining 113 Chibok schoolgirls still being held by Boko Haram. The group in a statement on Monday said it would march to the Presidential Villa every three [] 


Tue, 10 Oct 2017
Umar Muhammed, Lafia No fewer than three members of the National Youths Service Corps, serving in the Assakio area of the Lafia East Development Area, Nasarawa State, have been confirmed dead. While two of the deceased Oguntola Wasiu-Babatunde and Danjuma Jamil-Salihu drowned in a swimming pool, their female counterpart, Memuna Ahmad-Yarwa, died from [] 


Tue, 10 Oct 2017
Hundreds of policemen on Monday staged a peaceful protest over non-payment of two months salaries in Kaduna, the News Agency of Nigeria reports. NAN learnt that over 700 of the policemen had not been paid their August and September salaries, while more than 5,000 were being underpaid. The policemen, cutting across all ranks, gathered in [] 


Tue, 10 Oct 2017
Samuel Awoyinfa, Abeokuta The Alaafin of Oyo, Oba Lamidi Adeyemi, has bemoaned the erosion of Yoruba culture by what he called the importation of Islam and Christianity. The monarch spoke on Monday while declaring open the international conference on Yorubaland and politics since the 19th Century and beyond, held at the Olabisi Onabanjo University, Ago [] 


Tue, 10 Oct 2017
John Ameh and Adelani Adepegba, Abuja Protesting Edo State indigenes, on Monday, demanded the immediate redeployment of the Commissioner of Police, Edo State Command, Mr. Haliru Gwandu, over rising cases of killing and kidnapping in the state. They petitioned President Muhammadu Buhari; the President of the Senate, Bukola Saraki; and the Speaker of the House [] 


Tue, 10 Oct 2017
Ihuoma Chiedozie, Enugu A former governor of Anambra State, Mr. Peter Obi, on Monday said agitations for the break-up of Nigeria were the result of years of bad governance by the past and current governments. Obi expressed the view in a keynote address entitled, Good governance as a panacea for peace and stability, which he [] 


Tue, 10 Oct 2017
Alexander Okere, Benin An Edo High Court in Benin on Monday adjourned ruling on the bail request made by five persons standing trial for alleged misappropriation of N1.5bn under the State Universal Basic Education Board. The presiding judge, Justice Ohimai Ovbiagele, said he would decide on the bail application on October 13. The Economic and [] 


Tue, 10 Oct 2017
Olalekan Adetayo, Abuja President Muhammadu Buhari on Monday met separately with three state governors from the northern part of the country on issues bordering on the possible oil exploration in the North as well as security among others. The governors include Ibrahim Geidam of Yobe State; Aminu Tambuwal of Sokoto State and Abubakar Badaru of [] 


Tue, 10 Oct 2017
Femi Asu The Ibadan Electricity Distribution Company Plc said it had metered no fewer than 300,000 customers across its coverage area. The IBEDC, in a statement by its Regional Communication Officer, Ogun region, Ayodeji Bada, said it was fully committed to metering all her customers in the shortest possible time. It said about 70,000 customers [] 


Tue, 10 Oct 2017
Sesan Olufowobi The Lagos State Governor, Akinwunmi Ambode, on Monday said his administration planned to deliver 20,000 affordable housing units in the next three years to bridge housing deficit in the state. The governor explained that the government had embarked on massive urban renewal and slum upgrading, while new sites were being created to address [] 


Tue, 10 Oct 2017
Sesan Olufowobi Governor Akinwunmi Ambode of Lagos State says a total of one million housing units are required every year from the next five to 10 years to fix housing deficit in the state. The governor also said that the state, needed over 10,000MW as against the less than 2,000MW of power that it was [] 


Tue, 10 Oct 2017
Olalekan Adetayo, Abuja The Jigawa State Governor, Alhaji Abubakar Badaru, on Monday said he was enjoying cordial relationship with members of the state House of Assembly. He said there was no truth in the media reports insinuating that the state lawmakers were planning to remove him from office. Badaru spoke with State House correspondents shortly [] 


Tue, 10 Oct 2017
Oluwatosin Omojuyigbe The Lagos State Governor, Akinwunmi Ambode, on Monday urged the members of the bar and the bench to embrace transparency in the dispensation of justice to enhance confidence in the legal system. Ambode said this during the 2017/2018 Legal Year service at the Cathedral Church of Christ in Marina, Lagos. He said it [] 


Tue, 10 Oct 2017
Unions in the oil and gas sector on Monday pledged support for the transformation stride of the Group Managing Director of the Nigerian National Petroleum Corporation, Dr Maikanti Baru. The Petroleum and Natural Gas Senior Staff Association of Nigeria and the Nigeria Union of Petroleum and Natural Gas Workers made the pledge in Abuja in [] 


Tue, 10 Oct 2017
Zimbabwes President Robert Mugabe on Monday stripped one of the top candidates to succeed him of a cabinet post, as the battle to replace the long-ruling leader intensifies. Vice President Emmerson Mnangagwa, who also doubled as minister of justice, was replaced by ruling ZANU-PF party loyalist Happyton Bonyongwe. Mnangagwa will stay on as one of [] 


Tue, 10 Oct 2017
Engineers in Morocco are preparing to test the Arab worlds first high-speed railway this week with trains reaching 320 kilometres (200 miles) per hour, the countrys rail office said Monday. One train reached 275 kph (170 mph) on Monday along a stretch of track between the northern cities of Kenitra and Tangier, the ONCF said. [] 


Tue, 10 Oct 2017
Twelve people were killed Monday when the minibus they were travelling in plunged into Lake Victoria in northern Tanzania, according to a statement from the presidency. President John Magufuli said he was very shocked and deeply saddened at the news of the death of 12 people when their vehicle tipped into Africas largest lake, which [] 


Tue, 10 Oct 2017
TVC News Channel has announced its designation as the Broadcast Partner to the 23rd Nigerian Economic Summit commencing October 10th to 12th at the Hilton Hotel, Abuja. This annual event is jointly organised by the Nigerian Economic Summit Group and the Federal Ministry of Budget and National Planning. The Summit is the largest forum of [] 


Tue, 10 Oct 2017
THE decision of the National Judicial Council to set up special courts to handle corruption and financial crime cases has the icing on the cake in the creation of a special committee to monitor the trials. A retired President of the Court of Appeal, Ayo Salami, heads the 15-member panel that will carry out this [] 


Tue, 10 Oct 2017
Eniola Akinkuotu, Abuja The Rivers State Governor, Nyesom Wike, says he is ready to lay down his life if it will ensure victory for the Peoples Democratic Party in the 2019 general elections. Wike said this in the latest issue of 'The Interview,' a monthly magazine. The governor said one of the reasons the then [] 



Tue, 10 Oct 2017
Olalekan Adetayo, Abuja Vice-President Yemi Osinbajo on Monday said he had no plan to contest the 2019 presidential election. According to Reuters, Osinbajo said this when he was asked at the Financial Times Africa Summit in London if he had considered running. 'None of that is on the cards,' the Vice-President reportedly said. Osinbajo had [] 


Tue, 10 Oct 2017
Kamarudeen Ogundele, Ado Ekiti A former deputy governor of Ekiti State, Abiodun Aluko, has said the All Progressives Congress and the Peoples Democratic Party are bad options for the state in the 2018 governorship election. Aluko, who served under Governor Ayodele Fayose during his first term, said the two parties had failed the state by [] 


Tue, 10 Oct 2017
Olalekan Adetayo, Abuja The Jigawa State Governor, Alhaji Abubakar Badaru, on Monday said he was enjoying cordial relationship with members of the state House of Assembly. He said there was no truth in the media reports insinuating that the state lawmakers were planning to remove him from office. Badaru spoke with State House correspondents shortly [] 


Tue, 10 Oct 2017
Abiodun Doherty There are many considerations when it comes to which real estate investment to focus on and most of this is centered on the return on investment. In order to reach a conclusion that you are happy with you should consider your options. When it comes to buying a property or building a new [] 


Tue, 10 Oct 2017
Everest Amaefule, Abuja The Nigerian Postal Service on Monday announced a series of products and projects aimed at reviving the postal system and increasing the organisation's patronage. One of the new products announced by the Postmaster General of the Federation, Mr. Bisi Adegbuyi, at the celebration of the 2017 World Postal Day in Abuja was [] 


Tue, 10 Oct 2017
Okechukwu Nnodim, Abuja The Managing Director, Nigeria Mortgage Refinance Company, Prof. Charles Inyangete, has stated that the firm's N440bn bond issuance programme to fund its refinancing activities is grossly inadequate when compared to an estimated N130tn required to solve the country's housing deficit. According to him, the situation requires the collaboration of stakeholders, who must [] 


Tue, 10 Oct 2017
Africa's richest person, Aliko Dangote, has attributed his resolve to achieve self-sufficiency in commodity manufacturing through the strategy of backward integration as key to the success of his business. Speaking during a public conversation at the Financial Times' 4th Annual Africa Summit at Claridges, London, United Kingdom, moderated by the Editor-in-Chief of Times, Lionel Barber, [] 


Tue, 10 Oct 2017
Okechukwu Nnodim, Abuja The Federal Government on Monday charged electricity distribution companies to engage state governments in order to collect the outstanding electricity debt amounting to about N40bn owed by the Ministries, Departments and Agencies of the various state and local governments. It stated that on Wednesday, October 4, 2017, the Federal Executive Council approved [] 


Tue, 10 Oct 2017
Stanley Opara The Nigerian Stock Exchange All-Share Index appreciated by 1.4 per cent at the week open, thus boosting equities investment by N176bn at the close of trading. The bourse sustained gain for the fourth consecutive session after 44 stocks closed in the green. A total of 262.167 million shares valued at N2.996bn exchanged hands [] 


Tue, 10 Oct 2017
Coronation Asset Management, a subsidiary of Coronation Merchant Bank Limited, has listed three mutual funds on the Nigerian Stock Exchange for trading and accessibility by retail and institutional investors. The three listed funds are Coronation Money Market Fund; Coronation Fixed Income Fund and Coronation Balanced Fund. The firm said it was able to achieve the [] 


Tue, 10 Oct 2017
Pan-African investment banking group, United Capital Plc, has reported nine-month gross earnings of N6.2bn, representing a 10 per cent year-on-year growth. The group also reported a profit before tax of N3.9bn, which it said was a stable performance compared to the corresponding period in 2016. The performance, according to the investment banking group, attests to [] 


Tue, 10 Oct 2017
A chartered stockbroker and banker, and an authorised dealer on the Nigeria Stock Exchange floor, Mr. Wemi Jones, has said for the country to see desired development in the economy, a Small and Medium Enterprise Fund must be established. He noted that the fund must have a single-digit interest rate arrangement for borrowers. Jones said [] 


Tue, 10 Oct 2017
Femi Asu Covenant Capital, the small and medium-scale enterprise advisory arm of Covenant Christian Centre, has said it is turning its spotlight on female entrepreneurs in Nigeria, as part of its mandate to reduce poverty in the country through wealth creation and empowerment. The organisation said on Monday that the maiden edition of its Women's [] 


Tue, 10 Oct 2017
Femi Asu The Central Bank of Nigeria injected a total of $195m into the interbank foreign exchange market on Monday, with the naira remaining unchanged at 363 against the United States dollar. The CBN on Tuesday, last week, intervened in the interbank forex market with the sale of $195m. Figures released by the bank on [] 


Tue, 10 Oct 2017
Brazil has said it aims to revive ties with Africa after a lull and sees a vast export market for food and manufactured goods in a continent whose population is surging. Brazil's presence in Africa surged during the government of former President Luiz Inacio Lula da Silva, who opened embassies in 35 of 54 African [] 


Tue, 10 Oct 2017
Femi Asu FirstBank of Nigeria Limited says it has collaborated with the Nigerian Economic Summit Group to host the 23rd Nigerian Economic Summit, which will highlight the significant role of public-private sector dialogue in national transformation. The bank, in a statement on Monday, said the partnership was part of its commitment to drive thought leadership, [] 


Tue, 10 Oct 2017
Femi Asu Skye Bank Plc says it is committed to empowering women entrepreneurs across various sectors of the Nigerian economy. The bank, in a statement on Monday, said it had presented certificates of proficiency to three lucky members of the Skye Pearl community who participated in the just-concluded three-month art of fashion training organised by [] 


Tue, 10 Oct 2017
Olalekan Adetayo, Abuja Vice President Yemi Osinbajo on Monday said 50 million people out of the nation's 180 million population have no access to electricity. 'Nigeria's 180 million people, over 50 million have no power,' Osinbajo said in his keynote address at the Financial Times Africa Summit holding in London. The Vice President told the [] 


Tue, 10 Oct 2017
When it comes to unexpected bills, such as car repair or medical bills, most of us are not prepared. And as financial disasters, such as a job loss or a debilitating medical condition, get more serious, the less prepared we are. While worrying about the unexpected will keep you up at night, there are some [] 


Tue, 10 Oct 2017
Ozioma Ubabukoh Consumer goods, financial services, telecommunications, media and technology, and the oil and gas sectors have accounted for about 80 per cent of the recent inbound investments into the country since its came out of recession, a KPMG report stated on Monday. The report entitled: 'Doing Deals in Nigeria ' Key Insights from Deal [] 

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