NAIJA NEWSPAPERS: TODAY'S THE GUARDIAN NEWSPAPER HEADLINES [8TH DECEMBER, 2017].


Below are the headlines found on The Guardian Online Newspaper for today, Friday, 8th December, 2017.

Fri, 08 Dec 2017
Ahead of tomorrow’s national convention of the Peoples Democratic Party (PDP), two former Heads of State General Ibrahim Babangida and President Goodluck Jonathan, have begun prevailing on the leadership to concede the position of national chairman to the South-West, based on the political grouping’s Port Harcourt agreement and zoning principle.

The South-South, until yesterday, was yet to show any sign it would compromise. The former acting national chairman, Prince Uche Secondus, who is also in the race and believed to have the backing of Rivers State Governor Nyesom Wike and others, is still canvassing support.

A meeting by South-West stakeholders on Wednesday, which continued till yesterday, indicated the zone could reach a truce and prune down its six national chairmanship aspirants to two.


A source privy to the meeting disclosed that erstwhile military president, Babangida, and Jonathan intervened at the Wednesday session where two of the aspirants, Jimi Agbaje and Prof. Taoheed Ladoja, were said to have agreed to stand down, while former governors of Ogun and Oyo states, Otunba Gbenga Daniel and Alhaji Rasheed Ladoja, were yet to decide.
Fri, 08 Dec 2017
Nigerians wishing a quick end to the scarcity of fuel across the country may have more days to wait going by the explanation offered by Minister of State for Petroleum, Ibe Kachikwu.

Kachikwu at a press briefing in Abuja yesterday blamed the fuel crisis on gap in supply of petroleum products. His explanation, however, seemed to contradict one earlier given by government.

Following a Federal Executive Council (FEC) meeting at the Presidential Villa, Abuja on Wednesday, the Minister of Information and Culture, Lai Mohammed, had blamed the fuel scarcity on demand by nations in temperate regions, saying: “This is winter period. There is always more demand for refined products from petroleum ‎during winter in the colder countries. This is what we are experiencing now.”


But the Petroleum minister at the Abuja press conference said: “There was obviously some level of gap in terms of volume. That gap arises from the fact that NNPC is the only one that is importing products currently. Most of the private sector, who are expected to import, were not able to bring in products. And some of them are pushed back till January. So, you have NNPC trying to fill up 100 per cent capacity.”

Kachikwu disclosed that his ministry was taking steps to address the challenge. He said there wouldn’t be problem in January as deliveries were being expected. Four cargoes would be coming into the country in the next few days and the corporation expects 30 cargoes in the near future, he said, adding that the ministry would speed up delivery processes and ensure proper planning to end the crisis in the short term.

Accusing players of taking advantage of the situation, he said regulatory agencies including the Department of Petroleum Resources (DPR) and the Petroleum Products Pricing Regulatory Agency (PPPRA) would impose stricter penalties on depots and filling stations hoarding products.
Fri, 08 Dec 2017
A commercial Super-Agent licence has been granted to Interswitch Financial Inclusion Services (IFIS), a subsidiary of Interswitch Group, by the Central Bank of Nigeria (CBN).

According to the CBN Regulatory Framework for licensing Super-Agents in Nigeria, the Super-Agent shall be responsible for monitoring and supervising the activities of the agents.

By the approval, IFIS has fulfilled all Approval-in-Principle requirements and now has a business mandate to grow an active agent network of 150,000 by 2020.


Trading as Quickteller Paypoint, IFIS aims to increase the availability of digital financial services in financially-excluded locations in Nigeria from 44 per cent to over 70 per cent in five years.

Meanwhile, Quickteller Paypoint has now crossed a symbolic milestone by breaking the 10,000 activated agent mark and with this feat, it now has the second largest agent network in Nigeria.

Confirming the receipt of the license, the Divisional Chief Executive Officer, IFIS, Mike Ogbalu, said: “With excitement, we are proud to announce this feat. We are conscious of the fact that work is only just starting. We would not be resting on our oars and remain fully dedicated to our cause and business mandate.

“By way of investment in people and technology, we continue to reaffirm our commitment to this ambitious project. We understand the essence of financial inclusion and the impact on national development. With our 10,000 strong agent network, we are well-positioned to serve the nooks and crannies.
Fri, 08 Dec 2017
Arsenal BSC arrived in Lagos yesterday full of confidence that it will win the Copa Lagos Beach Soccer Championship, which begins today at the Eko Atlantic City.

The club was received on arrival by members of Naija Gunners, the umbrella body of supporters of the London-based club, at Eko Hotel and Towers, Victoria Island.

Speaking with The Guardian, Arsenal coach, Terry Bowes said it was exciting to participate in the 2017 Copa Lagos, adding that their intention was to win the tournament in their first attempt.


He said: “We have been hearing of Nigeria and it is a thing of joy to be in this competition. We have a successful team and we will do everything to come tops at the end of the tournament.”

Also speaking on the competition, one of the players, Aaron Clarke said the Arsenal beach soccer team has what it takes to win the Copa Lagos. “We have won three tournaments in England and we have also taken part in a tournament in France. We have a very strong team,” he boasted.

Promising to drum support for Arsenal, president of Naija Gunners Club, Wole Olagundoye called on every true lover of the club to come and cheer the team to victory in the Copa Lagos.

Reacting on the presence of Arsenal in the competition this year, Kebbi Beach Soccer Club’s Abdullahi Isa said his side would not be intimidated by English champions and others in the tournament.

Fri, 08 Dec 2017
The global aviation industry has been projected to rake in the sum of N11.8 trillion ($38.4 billion) as net profit, being a 4.7 per cent net margin, in 2018. 

Fri, 08 Dec 2017
A new study, led by Danish-based researchers, shows that one of the most popular drugs used worldwide in the treatment of hypertension raises the risk of skin cancer by seven times. 

Fri, 08 Dec 2017
Workstreme, the cloud based Workflow Information Management solution service provider, has appointed Sidmach Technologies as its authorized Service Provider in Nigeria. 

Fri, 08 Dec 2017
Humans may have reached their peak - and could soon start moving backward, a chilling new report has warned. 

Fri, 08 Dec 2017
Mauricio Pochettino will hope Tottenham Hotspur's success in topping their Champions League group will fire up a faltering Premier League campaign. 

Fri, 08 Dec 2017
A Federal High Court, Lagos, has ordered that the N28.5 million found in the account of a Director of Account, Lagos State Ministry of Public Works Corporation... 

Fri, 08 Dec 2017
Abductors who kidnapped the Plateau State Chairman of the Peoples Democratic Party (PDP), Damishi Sango, on Wednesday have asked for a N100 million ransom. 

Fri, 08 Dec 2017
Professor Umar Danbatta, executive vice chairman, Nigerian Communications Commission (NCC), has suggested massive investment in internet infrastructures... 

Fri, 08 Dec 2017
Equity transactions on the Nigerian Stock Exchange (NSE), continued in an upward note yesterday, following price gains by major highly capitalised stocks... 

Fri, 08 Dec 2017
Shareholders of Oando Plc, under the aegis of Trusted Shareholders Association, have described as unnecessary the suspension of the Director-General... 
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