NIGERIA NEWSPAPERS: TODAY'S THE GUARDIAN NEWSPAPER HEADLINES [2ND APRIL, 2018.]


Below are the headlines found on The Guardian Online Newspaper for today, Monday, 2nd April, 2018.

Mon, 02 Apr 2018
The Federal Government has set up an in-house committee to investigate the activities of the data-mining firm, Cambridge Analytica, during the nation’s general elections in 2007 and 2015.

According to the News Agency of Nigeria (NAN) reports, the committee is to find out whether Cambridge Analytica’s work for the then ruling Peoples Democratic Party (PDP) in 2007 and 2015 elections campaigns broke the laws of Nigeria or infringed on the rights of other parties and their candidates.

The Cambridge Analytica was alleged to have swiped the data of more than 50 million Facebook users to sway elections in many countries, including Nigeria, where it waged a campaign to perpetrate discord and hacked into personal records of the then leading opposition candidate, Muhammadu Buhari.

A presidency source, who confirmed this development to State House correspondents in Abuja yesterday, added that depending on the outcome (of the committee report), this may lead to the appointment of a special investigator and possibly, criminal prosecutions by the Attorney-General and Minister of Justice, Abubakar Malami.

A whistleblower, Christopher Wylie, who worked with a Cambridge University academic to obtain the data, told The Observer, a UK newspaper: “We exploited Facebook to harvest millions of people’s profiles and built models to exploit what we knew about them and target their inner demons. That was the basis the entire company was built on.”Cambridge Analytica, according to the reports, worked with Israeli hackers who were instructed to get dirt on Buhari during the presidential campaign.

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According to those reports, SCL Elections, a public relations firm that later became Cambridge Analytica, manipulated Nigeria’s 2007 elections by organising campaigns to weaken the chances of opposition parties.“As part of its engagement, the company organised ‘anti-election rallies’ to demoralise opposition supporters from voting in the elections, which saw the emergence of Umar Yar’Adua as Nigeria’s president.

“The Cambridge Analytica team came up with a video to portray candidate Buhari as a leader who would enforce Sharia Law in Nigeria. It was intended to sway the minds of millions of Nigerians and vote for the PDP candidate.

“Currently, the Cambridge Analytica and Facebook are the focus of an inquiry into data and politics by the British Information Commissioner’s Office and the United States Special Counsel Robert Mueller.“Separately, the UK Electoral Commission is also investigating what role Cambridge Analytica played in the EU referendum,’’ the source further revealed.When contacted, the Senior Special Assistant to the President on Media and Publicity, Malam Garba Shehu, said he had not been briefed on the issue.

He, however, said Nigerians deserved answers immediately from the PDP administration, Facebook and Cambridge Analytica on how and why they improperly obtained and used data to interfere in Nigeria’s elections.

Shehu said an investigation should help to determine if there was a linkage between the various killings and maiming that had characterised previous elections since 2007 and the misinformation activities of the Cambridge Analytica (CA) data flows. 

Mon, 02 Apr 2018
Stock market investors have been urged to increase their participation in the market by identifying and patronising stocks of companies with intrinsic value, especially during this dividend season.
The capital market analysts maintained that despite the downturn that pervaded the capital market activities in the past few weeks, investors should leverage the current low prices to expand their portfolio.

The Chief Operating Officer of InvestData Securities Limited, Ambrose Omordion, stressed the need for retail investors to increase their portfolio and take position for future gains.He also advised investors not to panic, but go for equities with intrinsic value, especially during this season when dividend payment is ongoing.

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“With more investors taking position in value and dividend paying stocks, alongside bargain hunters, we expect next week’s MPC meeting to give direction of the interest rate as inflation continues to decline, thereby driving further the economic recovery and flow of funds.

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Also, expect repositioning to continue, while profit taking will reduce on the strength of expected payouts and earnings surprises. However, we would like to reiterate that investors should not panic but go for equities with intrinsic value.

“We advise investors to allow numbers guide their decisions, while repositioning for the year’s trading activities, especially now that stock prices remain volatile amid improving company, economic and market fundamentals.“
It is time to combine fundamentals and technical tools to take decision by knowing the support and resistant level to reposition or exit any position. A stock market is in cycles. You must know the cycle, or particular stocks therein to successfully manage your trading and investment risks.

The Head, Research and Strategy of Codros Capital Limited, Christian Orajekwe, in a telephone interview with The Guardian, noted that the downturn witnessed currently in the market was due to profit taking, noting that the fundamentals of listed firms are still good.According to him, the factors that improved market performance last year such as stable foreign exchange, pension funds among others are still in existence in the market.He expressed optimism that the first quarter result would reflect the recovery witnessed so far in the economy, adding that the result would be a catalyst for more investors to access the market.He therefore, urged investors to take position and leverage the low prices for more capital appreciation in a near future.

“Corporate earnings will be in line with growth seen in the economy currently and banks are expected to roll out more positive results. Pension funds and foreign exchange will be more stable and those factors that improved the market last year is expected to grow the market this year.”

Also, the Managing Director of Highcap Securities, Imafidon Adonri, stressed the need for investors to increase their participation in the market and stimulate the market for a sustainable rebound and increased stability.He however, advised investors to identify companies that have potentials of benefitting from new economic policies such as the agro allied firms before buying the stocks.“I advice investors to look at the direction of the Nigerian economy. They should identify firms that can benefit from new policies that can drive the economy. These companies are both large and small companies,” he added.

Mon, 02 Apr 2018
As Christians in the country celebrated Easter yesterday, Vice President Yemi Osinbajo said Nigeria was on the path to what he described as resurrection and progress.Osinbajo gave the assurance during a brief interview with State House correspondents after attending the Easter service at the Aso Villa Chapel, Abuja.

He stated that the resurrection of Jesus Christ implied that the country was moving away from the myriad of challenges besetting it to an elevated experience of hope, peace and abundance for the citizens.

The resurrection of Jesus Christ is also a strong and powerful message to the nation. The message is that our nation is on the path of resurrection. It is on the path of progress, on the path of elevation.‘’We are moving out of all our challenges and we are going to a place of greater hope, peace, prosperity and abundance for all of us,” he said.


The Chaplain of the Aso Rock Chapel, Pastor Seyi Malomo, who delivered a sermon on “The Temporary Hour of Darkness,” stated that Nigeria was on the path to rise again.He submitted that the resurrection of Jesus Christ signified that darkness could only reign for a while.


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‘’According to the message today, darkness only reigns for a while. No matter the evil, no matter the problem we are facing, just as Jesus only laid in the grave for three days, all these will be over. 

‘’As Jesus rose from the dead, we are going to rise again, even all of you listening to me,” Malomo said.The chaplain enjoined all Nigerians to emulate the life of Jesus Christ who, he said, sacrificed his life for the salvation of mankind. ‘’We are all called to play our role in giving that sacrifice that will bring the liberation and greatness of our nation,” he said.

But the former chairman of the defunct caretaker committee of the Peoples Democratic Party (PDP), Senator Ahmed Mohammed Makarfi, said before the nation could be on the path to resurrection and progress, the Federal Government should immediately prune down what he described as excessive cost of running government.According to him, it will be difficult for the country to survive economically in the long run if it should maintain the current cost of running the presidency, National Assembly, judiciary and other agencies of government while the welfare of Nigerians continues to nosedive.

Makarfi, who is a former governor of Kaduna State, explained that the recent controversy generated by the revelation of the cost of maintaining a senator in the National Assembly represented the tip of the iceberg with regard to how much the country spends to maintain the presidency, governors, judiciary and other parastatals of government.

Mon, 02 Apr 2018
A non-governmental organisation, Lift Above Poverty Organizations (LAPO) has screened 298,663 people for cancer ailments under its LAPO Community Campaign for Cancer Control (LAPO-C4) in Nigeria. 

Mon, 02 Apr 2018
The Federal Government yesterday released another batch of 23 individuals who allegedly looted the nation's treasury most of whose cases are still in court. The development comes in the wake of an earlier list containing five alleged looters. 

Mon, 02 Apr 2018
The Shell Petroleum Development Company (SPDC) started operations in Ogoni land in Rivers State in 1958, drilling a total of 96 wells to bring nine oil fields on stream. 

Mon, 02 Apr 2018
The Federal Government has set up an in-house committee to investigate the activities of the data-mining firm, Cambridge Analytica, during the nation's general elections in 2007 and 2015. 

Mon, 02 Apr 2018
Stock market investors have been urged to increase their participation in the market by identifying and patronising stocks of companies with intrinsic value, especially during this dividend season. 

Mon, 02 Apr 2018
The Kaduna State Independent Electoral Commission (KADSIECOM) has said only those with Permanent Voter's Card (PVC) would be allowed to vote on May 12 in the local council election.Head, Voters Education, John Bulus, who stated this shortly after.... 

Mon, 02 Apr 2018
The National Assembly may reject the approval of another N4.2 trillion loan requested by President Muhammadu Buhari last month.It was learnt that the current request might face outright rejection owing to the failure of the presidency..... 

Mon, 02 Apr 2018
As Christians in the country celebrated Easter yesterday, Vice President Yemi Osinbajo said Nigeria was on the path to what he described as resurrection and progress.Osinbajo gave the assurance during a brief interview with State House correspondents after attending the Easter..... 

Mon, 02 Apr 2018
It was advertised as a colloquium in honour of one of its prominent leaders, but at the end of the day, it appeared a dry rehearsal by the ruling All Progressives Congress (APC) for its second outing in the 2019 general election. 

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Mon, 02 Apr 2018
Top management staff of Nigeria's largest electricity distribution company, Ikeja Electric (IE) has presented its Power Play BoardGame to the University of Lagos (UNILAG). 

Mon, 02 Apr 2018
The Metropolitan Archbishop of Onitsha Archdiocese, His Grace, Most Revd. Valerian Okeke, has administeredsacrament of confirmation on 11 inmates of Onitsha Prisons and two other faithful who worship in the prison church. 

Mon, 02 Apr 2018
The Islamic Education Trust (IET) has described quality child upbringing as key to having a better Nigeria.It said poor leadership and corrupt practices are the menace ravaging the country on bad child-raising. 

Mon, 02 Apr 2018
Louis Richard Albert and Lettie Semaru, both South African nationals, are suffering from lung disease and tuberculosis. They are undergoing treatment and care at the Lung Clinical Research Unit of the University of Cape Town's Lung Institute-the world's second largest facility..... 

Mon, 02 Apr 2018
A lagos-based rights group, the Socio-Economic Rights and Accountability Project (SERAP) has said looters' list, released by Minister of Information and Culture, Lai Mohammed, could only weaken government's fight against graft. 

Mon, 02 Apr 2018
The National Insurance Commission (NAICOM) has admitted that proper regulation of insurance activities in the country will contribute to rapid growth and development of the nation's economy. 

Mon, 02 Apr 2018
Food for thought 

Mon, 02 Apr 2018
The Oodua People's Congress (OPC) has called for the immediate and unconditional release of Leah Sharibu, the only girl left in Boko Haram captivity from the 110 students of the Government Girls' Technical College, Dapchi, Yobe State, recently abducted by the Islamic sect. 

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Mon, 02 Apr 2018
Recently, there have been many reports in social and main stream media describing incidents of rape with the geography of victims covering the entire country. In most cases, the victims die or are permanently maimed psychologically and physically. 
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