NIGERIA NEWSPAPERS: TODAY’S LEADERSHIP NEWSPAPER HEADLINES [16 JULY, 2018].

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Ekiti: 4 Years After, Fayemi Returns To Ayaba House
Mon, 16 Jul 2018

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Four years after he was allegedly rigged out of office by the past administration of the Peoples Democratic Party (PDP), Dr John Kayode Fayemi, is set to return to Ayaba House, the Ekiti State Government House, in October to continue his job as governor, following his victory in Saturday’s governorship poll in the state. The Independent National Electoral Commission (INEC) declared the former minister of mines and steel winner of the fiercely contested election after collation of the results. The chief returning officer and Vice Chancellor of University of Ibadan, Professor Abel Idowu Olayinka, who declared Fayemi the winner and governor-elect just yesterday said Fayemi polled 197,459 votes to defeat his PDP rival, Olusola Eleka, who got 178,121 votes Olayinka said, while 909,589 voters were registered for the election, only 405,861 voters were accredited to vote in the election, even as total valid votes stood at 384,594 votes, with 15,857 declared invalid and total votes cast standing at 402,451. “I,

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Prof. Olayinka, the Vice Chancellor of University of Ibadan, who served as the Returning Officer for the Ekiti State governorship election election, hereby declare that John Kayode Fayemi, having certified the requirement of the law and scored the highest number of votes is hereby declared the winner of the governorship election and is returned elected”, he said. But rejecting the outcome of the poll, the PDP agent, Mr Sunday Olowolafe, accused the APC of militarising the July 14 governorship poll to get undue advantage in the election. Olowolafe also alleged that the voters were financially induced in the process of casting their votes for their respective choices. He said, “The National Human Right Commission, NHRC, should come to our aid in Ekiti State. Our state has been under siege in the build up to the election and is still under siege. “The election was militarized and this is not good for our democracy. Even the sitting governor of the state, Fayose, and his deputy, who is our candidate for the poll were molested by the security agents sent to the state by the Federal Government.” In a swift reaction, the APC agent, Mr Sunday Adumo, described the victory of the party as the people’s will. Adumo said the people have proved that there are rewards for doing good adding that “it is a lesson for the people in the position of authority to always lead well when they are given the opportunity because power belongs to the people. Four years ago we had taken a step forward but when PDP came to power we took 20 years’ steps backward. “Go to Ikogosi, what we have done there has been destroyed by the present state government. We thank the good people of the state for this opportunity. We will leave up to their expectations by the grace of God.”

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23 Soldiers, 8 Trucks Missing In Borno After B’Haram Ambush
Mon, 16 Jul 2018

No fewer than 23 Nigerian soldiers are yet to be accounted for after Boko Haram insurgents ambushed a military convoy at Boboshe village in Bama local government area of Borno. Five officers, 18 soldiers and 8 trucks were missing after the attack which occurred early on Saturday. The military, acting on intelligence mobilised troops in a convoy of 11 trucks to clear the insurgents from the deserted village. The attacking insurgents were believed to have been those who escaped the ongoing offensive by the military to flush out the Boko Haram terrorists in the fringes of Sambisa Forest and Lake Chad region. A competent military source told NAN that the insurgents in their hundreds ambushed the troops and in the process many of them have been missing. He disclosed that only three of the 11 trucks deployed to the area returned to their base in Maiduguri, after suffering huge loss in the battle with the insurgents. “There was a quick response by the army when they received reports that hundreds of the insurgents gathered at Boboshe on Maiduguri-Konduga-Bama road. “The gallant soldiers were ambushed by the insurgents, only three of the 11 trucks returned to the base. “It is not clear what happened but it was assumed the soldiers were missing following the ambush,” he added. Meanwhile, residents of Jilli community in Gubio local government council of

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Borno, on Saturday fled the town sequel to an attack by Boko Haram insurgents. It was learnt that the insurgent attacked the area from the axis of Lake Chad, forcing the residents to flee. Malam Bukar Mustapha, one of the residents, told NAN that he and other villagers fled their homes when they received report that the insurgents were coming to attack them. “In the afternoon on Saturday, we heard that the insurgents gathered in the nearby bush preparing for the attack. “I am one of those who ran to Maiduguri, which is about 45 kilometres from my village. “On Sunday morning, I called Gubio and I was told that the insurgents had attacked the town during the night time. I do not have the casualties because the situation is still not clear at Jilli,” Mustapha said. Another resident who pleaded anonymity said troops had been deployed to the area.

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NDDC Boss Congratulates Fayemi
Mon, 16 Jul 2018
LEADERSHIPThe managing director of Niger Delta Development Commission (NDDC), Mr Nsima Ekere, has described the peaceful, free and fair gubernatorial election in Ekiti State as a signpost to what is to come in the 2019 general elections in the country. In a congratulatory message to the Ekiti State governor-elect, Dr Kayode Fayemi, Ekere said the []The post NDDC Boss Congratulates Fayemi appeared first on Leadership Newspaper.
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Oluwo’s Magnanimity Inspired My Service To Humanity ‘ Adefowope
Mon, 16 Jul 2018
LEADERSHIPA leading House of Representatives aspirant for Iwo federal constituency, The Oluomo of Iwo, Chief Diekola Ismail Adefowope, has said his service to humanity is an emulation of the Oluwo of Iwo, Oba Abdulrosheed Adewale Akanbi. Adefowope, who disclosed he grew up from Iwo before his sojourn overseas, stated Oluwos commitment to improve the ancient []The post Oluwo’s Magnanimity Inspired My Service To Humanity ‘ Adefowope appeared first on Leadership Newspaper.
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Ambode Seeks Residents’ Cooperation On Ongoing Projects
Mon, 16 Jul 2018
LEADERSHIPLagos State Governor Mr. Akinwunmi Ambode has appealed to motorists and residents of the state to bear with the state government over inconveniences they might be experiencing as a result of the multiple infrastructural projects going on across the state, saying the move is to boost the economic prosperity of the state. Ambode made the []The post Ambode Seeks Residents’ Cooperation On Ongoing Projects appeared first on Leadership Newspaper.
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Fayemi’s Victory: Ekiti People Withstood PDP’s Intimidation ‘ BSO
Mon, 16 Jul 2018
LEADERSHIPThe Buhari Support Organisation (BSO), Enugu State chapter has predicted that the ‘Domino-Breeze’ of Kayode Fayemi’s victory in Ekiti State governorship election would sweep across South-East in the 2019. The Buhari Supporters made this prediction in a congratulatory message to Kayode Fayemi, the Ekiti State governor-elect, for his victory in Saturday’s governorship election in the []The post Fayemi’s Victory: Ekiti People Withstood PDP’s Intimidation &#03
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PMB Commends Afreximbank’s Leadership
Mon, 16 Jul 2018
LEADERSHIPPresident Muhammadu Buhari has commended the African Export-Import Bank (Afreximbank) for its dynamism and tenacious leadership, which he said has proved that Africans could come together to build something meaningful. President Buhari disclosed this at the annual meetings and 25thAnniversary celebration of the bank which came to an end at the weekend in Abuja. Delivering []The post PMB Commends Afreximbank’s Leadership appeared first on Leadership Newspaper.
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Enhancing Financial Inclusion Through Insurance
Mon, 16 Jul 2018
LEADERSHIPInsurance industry is now waking up to the reality that the Sector could enhance financial inclusion through effective deployment of insurance products and services. To this end, the 2018 Insurance Industry Consultative Council (IICC), which took place in Abuja, last week centered on insurance industry and financial inclusion. ZAKA ABD-KHALIQ reports. Worldwide, an estimated 2.5 []The post Enhancing Financial Inclusion Through Insurance appeared first on Leadership Newspaper.
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Anchor Pensions Asset Base Exceeds N80bn
Mon, 16 Jul 2018
LEADERSHIPWith the nation’s pension fund growing day-by-day, the pension Assets Under Management(AUM) of IEI-Anchor Pension Managers Limited has now exceeded N80 billion. Managing director/CEO, IEI-Anchor Pensions, Mr. Glory Etaduovie, who stated this during a media parley at the company’s head office in Abuja, last week, said, the company has made tremendous progress to penetrate the []The post Anchor Pensions Asset Base Exceeds N80bn appeared first on Leadership Newspaper.
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NSE: Foreign Investment Outflows On Rise With N130.89bn In May
Mon, 16 Jul 2018
LEADERSHIPForeign portfolio investment (FPI) outflows from the country’s stock market rose by 124.7 per cent to N130.89 billion in May 2018. Domestic and Foreign Portfolio Participation in Equity trading for the Month of May released by the Nigerian Stock Exchange (NSE) noted that there was a 3.45 percent decrease in foreign inflows to N62.06 billion []The post NSE: Foreign Investment Outflows On Rise With N130.89bn In May appeared first on Leadership Newspaper.
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Forex Inflow Drops As Naira Firms At BDC Window
Mon, 16 Jul 2018
LEADERSHIPThe inflow of foreign exchange dropped further last week as the volume of dollars sold by the Central Bank of Nigeria (CBN) and Nigeria Autonomous Foreign Exchange Market (NAFEX) declined to $1.066 billion against $1.073 billion that changed hands in the previous week. Volume of the dollars that came in through the Investors’ and Exporters’ []The post Forex Inflow Drops As Naira Firms At BDC Window appeared first on Leadership Newspaper.
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Transcorp MD Urges Govt To Create Enabling Environment For Tourism
Mon, 16 Jul 2018
LEADERSHIPGovernment has been called upon to create an enabling environment for hospitality and tourism businesses in Nigeria to thrive. This is as the tourism sector is said to have the potential to contribute over 10 percent to the nation’s GDP. Managing director, Transcorp Hotel Plc, Valentine Ozigbo, made this call while speaking as a panelist []The post Transcorp MD Urges Govt To Create Enabling Environment For Tourism appeared first on Leadership Newspaper.
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C&I Leasing Buys Out Minority Shares Of Petrotech JV
Mon, 16 Jul 2018
LEADERSHIPC&I Leasing Plc said it has concluded the buyout of the 27.5 per cent minority in C&I Petrotech Marine Limited, a joint venture company with six vessels presently deployed to a long term contract with Shell Petroleum Development Company of Nigeria (SPDC). A statement signed by the company secretary, Mbanugo Udenze & Co sent to []The post C&I Leasing Buys Out Minority Shares Of Petrotech JV appeared first on Leadership Newspaper.
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New Corporate Governance Code Will Ease Access To Capital ‘ FRC
Mon, 16 Jul 2018
LEADERSHIPThe executive secretary of Financial Reporting Council, FRC, Daniel Asapokhai, has said that the new Nigerian Code of Corporate Governance that is being finalised by the council will ease access to capital by organisations. Speaking at a public hearing on the exposure draft of the Nigerian Code of Corporate Governance 2018 for Federal Capital Territory []The post New Corporate Governance Code Will Ease Access To Capital ‘ FRC appeared first on Leadership Newspaper.
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CBN Urges FG To Reduce Domestic Borrowing
Mon, 16 Jul 2018
LEADERSHIPThe deputy governor, Economic Policy, Central Bank of Nigeria, Dr Joseph Nnanna, has called on the federal government to reduce its level of domestic borrowing so as to drive down the lending rate in the money market. Nnanna disclosed this at a roundtable event on factoring financing held in Abuja on the sidelines of the []The post CBN Urges FG To Reduce Domestic Borrowing appeared first on Leadership Newspaper.
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Heritage Bank, CIBN Promote Robust Engagement For Bankers, Customers
Mon, 16 Jul 2018
LEADERSHIPHeritage Bank Plc, has entered into a partnership with the Lagos branch of the Chartered Institute of Bankers (CIBN) to host the 2018 Lagos Bankers & Stakeholders’ Nite. General manager and chief compliance officer of Heritage Bank, Mr. Wumi Adeniyi, who disclosed this in a statement at the weekend, said the bank decided to support []The post Heritage Bank, CIBN Promote Robust Engagement For Bankers, Customers appeared first on Leadership Newspaper.
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Equities Market Falls By 0.62% Week-On-Week
Mon, 16 Jul 2018
LEADERSHIPSentiments remained bearish in the Nigerian equities market as it further fell week-on-week (w-o-w) by 0.62 per cent on sustained profit taking activities. The All Share Index (ASI) shed 232.82 points or 0.62 per cent W-o-W to settle at 37,392.77 points while year-to-date loss stood at 2.22 per cent. As a result, investors lost N84 []The post Equities Market Falls By 0.62% Week-On-Week appeared first on Leadership Newspaper.
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Oando: London Court Orders Wale Tinubu’s Firms To Pay Ansbury N245bn
Mon, 16 Jul 2018
LEADERSHIPThe last may not have been heard of the crisis rocking Oando PLC as the London Court of International Arbitration (LCIA) has issued an award against two companies owned by the chief executive officer of Oando Plc, Mr. Wale Tinubu and his deputy, Mr. Mofe Boyo to pay a total debt of US$680 million (equivalent []The post Oando: London Court Orders Wale Tinubu’s Firms To Pay Ansbury N245bn appeared first on Leadership Newspaper.
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Higher Institutions Footbll League Begins August 1
Mon, 16 Jul 2018
LEADERSHIPIn a bid to ensure smooth operations in officiating and organisation of the maiden Higher Institutions Football League (HIFL) scheduled to hold across university campuses in Nigeria, Green White Green (GWG) Sports center, technical consultant for the league, at the weekend held a retreat for the officiating officials, assessors, commissioners and participating team coaches. The []The post Higher Institutions Footbll League Begins August 1 appeared first on Leadership Newspaper.
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Lulu Dreams World Champions With FOSLA Academy
Mon, 16 Jul 2018
LEADERSHIPFormer Nigeria Football Federation (NFF) President, Alhaji Sani Lulu Abdulahi has disclosed that his mission is to produce best footballers in the country through Fosla academy. Alhaji Lulu stated this while addressing parents, coaches and students who participated in the final screening and signing of scholarship agreement to 8 students/players from FCT in the school []The post Lulu Dreams World Champions With FOSLA Academy appeared first on Leadership Newspaper.
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I’m Worth More Than Chelsea Offer ‘ Courtois
Mon, 16 Jul 2018
LEADERSHIPThibaut Courtois has suggested that Chelsea will need to increase their contract offer to convince him to stay at Stamford Bridge after his impressive performances at the World Cup. Having only just resolved their coaching situation with the appointment of Maurizio Sarri on Saturday, Chelsea face weeks of uncertainty over two of their key players []The post I’m Worth More Than Chelsea Offer ‘ Courtois appeared first on Leadership Newspaper.
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Djokovic Topples Anderson For 4th Wimbledon Crown
Mon, 16 Jul 2018
LEADERSHIPTwo years after his last Grand Slam title, Novak Djokovic is a major champion once again, sweeping Kevin Anderson 6-2, 6-2, 7-6 (3) on Sunday to win his fourth Wimbledon championship. Both players were coming off grueling five-set semifinals, but this matchup was a tidy affair, with No. 12 Djokovic wrapping up the title in []The post Djokovic Topples Anderson For 4th Wimbledon Crown appeared first on Leadership Newspaper.
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Modric, Mbappe, Courtois Win World Cup Awards
Mon, 16 Jul 2018
LEADERSHIPLuka Modric (CRO) was confirmed as the best player at the 2018 FIFA World Cup Russia’ after the official awards were announced. The Croatian midfielder won the adidas Golden Ball which is awarded to the best player by the FIFA Technical Study Group (TSG). Eden Hazard (BEL) and Antoine Griezmann (FRA) came second and third []The post Modric, Mbappe, Courtois Win World Cup Awards appeared first on Leadership Newspaper.
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WORLD CUP: France Crowned Champion 20 Years After
Mon, 16 Jul 2018
LEADERSHIPJubilant President Macron punches air France have won their second World Cup with a 4-2 victory in a thrilling final against Croatia in front of a stadium full of passionate fans in Moscow and a TV audience of billions across the globe, yesterday. A jubilant French President Emmanuel Macron celebrated wildly with his wife Brigitte []The post WORLD CUP: France Crowned Champion 20 Years After appeared first on Leadership Newspaper.
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All Hail The Thailand Cave Rescue Team
Mon, 16 Jul 2018
LEADERSHIPThe team that rescued the Wild Boars football team made up of 12 Boys and their Coach from the treacherous flooded Tham Luang cave in Thailand is a case study on bravery. The audacious effort in saving the lives of the boys between ages 11 and 16 years as well as their 25-year old Coach []The post All Hail The Thailand Cave Rescue Team appeared first on Leadership Newspaper.
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Dangote Sugar, Getting Sweeter For Investors
Mon, 16 Jul 2018
LEADERSHIPCapital market analysts have said that investors in Dangote Sugar Refinery Plc will continue to enjoy benefits of their investments in the company as the fundamental of the company remains strong. Analysts at United Capital said that Dangote Sugar is a good stock for investors, recommending a buy rating and Target Price (TP) of N21.70. []The post Dangote Sugar, Getting Sweeter For Investors appeared first on Leadership Newspaper.
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China Offshore Oil Company Set To Invest $3bn In Nigeria
Mon, 16 Jul 2018
LEADERSHIPThe China National Offshore Oil Corporation (CNOOC) is set to bring its total investment stakes in its Nigeria offshore oil and gas operations to $17 billion as the management of the corporation has expressed readiness to invest additional $3billion. Chief executive officer of CNOOC, Yuan Guangyu, made this disclosure when he led the top executives []The post China Offshore Oil Company Set To Invest $3bn In Nigeria appeared first on Leadership Newspaper.
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