NIGERIA NEWSPAPERS: TODAY’S THE NATION NEWSPAPER HEADLINES [1ST AUGUST, 2018].

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Saraki, Ahmed return to PDP as APC issues query
Wed, 01 Aug 2018
Party spokesman Abdullahi to resign Okorocha: exit won’t affect party Senate President Bukola Saraki and Kwara State Governor Abdulfatah Ahmed yesterday defected to the Peoples Democratic Party (PDP). They were widely expected to leave the ruling All Progressives Congress (APC), going by their pronouncement and body language in recent months. Party spokesman Bolaji Abdullahi, an associate of the Senate President, was said to have agreed to quit the APC, following the party’s advice. Saraki met for many hours with his
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Sarakis defection: What next
Wed, 01 Aug 2018
Mixed reactions yesterday trailed the defection of Senate President Bukola Saraki from the All Progressives Congress (APC) to the Peoples Democratic Party (PDP). While many chieftains acknowledged that the ruling party has lost a big fish to the opposition, others said his exit will not affect the chances of the APC in next years presidential election.The defection was not beyond expectation. Thus, the Kwara State chapter was not caught unawares. Anticipating Sarakis game plan, President Muhamma
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Notore Oil dreams big over Free Zone developer status
Wed, 01 Aug 2018
The Free Zone developers status granted to Notore Chemical Industries Plc will enable the oil and gas petrochemical industry to create 15,000 jobs and attract $5 billion in Foreign Direct Investment (FDI), it was learnt yesterday.The company has a direct port access and a dedicated jetty at Onne Complex, near Port Harcourt, Rivers State.Notore was awarded the Free Zone status by the Oil and Gas Free Zone Authority (OGFZA) last December.On the companys prospects, Managing Director/CEO Mr. Onajite
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EFCC grills Ekweremadu
Wed, 01 Aug 2018
Economic and Financial Crimes Commission (EFCC) detectives yesterday grilled Deputy Senate President Ike Ekweremadu for eight hours over 22 allegedly undeclared assets.The assets, suspected to have been acquired with illicit funds, are located in Abuja, the United States, the United Kingdom and the United Arab Emirates (UAE).There were indications last night that Ekweremadu might be granted an administrative bail because his interrogation will take a while.According to a source in EFCC, the Depu
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Benue Assembly complex shut
Wed, 01 Aug 2018
Middle Belt Forum, Afenifere flay alleged impeachment bidBenue Assembly shut, says governors aideTHE Presidency has denied the allegation that President Muhammadu Buhari was behind moves by some Benue State lawmakers to unseat Governor Samuel Ortom.A statement by the Special Adviser on Media and Publicity, Femi Adesina, said Buhari would never be part of any unconstitutional act.He said: Even while attending the Economic Community of West African States (ECOWAS)/Economic Community of Central Afr
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Buhari elected ECOWAS Chairman
Wed, 01 Aug 2018
President Muhammadu Buhari was yesterday elected the Chairman of the Authority of Heads of State and Government of the Economic Community of West African States (ECOWAS).Buharis election was one of the highpoints of the 53rd Session of the Heads of State and Government of ECOWAS held in Lome, the Togolese capital.A statement by Senior Special Assistant on Media and publicity, Garba Shehu, quoted rge President in his acceptance remarks as saying he did not offer himself for the post, but you refu
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AFCFTA: A poisoned chalice for the continent
Wed, 01 Aug 2018
In 2012, the African Union (AU) resolved to establish the African Continental Free Trade Agreement (AfCFTA). African Heads of State and Governments set a 2017 deadline for the treatys implementation. But, there is no consensus yet on the agreement as some member-nations have requested for more time to widen consultations on the treatys likely impact on their economies. OKWY IROEGBU-CHIKEZIE and CHARLES OKONJI write on AfCFTAs implications for local manufacturers, the economy and Africa.The Afric
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Businesses spend N5tr yearly on generators
Wed, 01 Aug 2018
The Executive Director, Rural Electrification Fund, Rural Electrification Agency (REA), Sanusi Ohiare, says an estimated N5trillion is spent yearly on importing, fuelling and maintaining generators by businesses in the country.He said this at the presentation of off-grid and mini-grid goals of the REA at the fourth national council on power (NACOP) in Edo State.Ohiare said the agency seeks to channel the $14 billion (N5trillion) investment on generator into renewable energy.This, he said, would
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Niger Delta youths must stop breaking oil pipelines
Wed, 01 Aug 2018
The Vice-Chancellor of Rivers State University, Port Harcourt, Prof. Blessing Didia, has asked Niger Delta youths to stop breaking pipelines of oil companies, and acquire skills to become entrepreneurs.He spoke yesterday at the skills acquisition sensitisation workshop for youths from Rivers State host communities of Total Exploration and Production Nigeria Limited (TEPNG).The workshop was organised by the Capacity Development Department of Community Affairs and Development Division of the Total
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Thanksgiving as The Nation clocks 12
Wed, 01 Aug 2018
VINTAGE Press Ltd, publishers of The Nation, marked its 12th anniversary yesterday with a thanksgiving service at its headquarters in Lagos.The service was preceded by praise and worship songs by members of the staff, including the Managing Director, Mr. Victor Ifijeh; Executive Director Finance/Admin, Mr. Ade Odunewu; Editor, Gbenga Omotoso; Sunday Editor Festus Eriye; Editor (Online) Lekan Otufodunrin and Admin Manager/Legal Adviser, Mrs. Folake Adeoye, among others.In his sermon titled: To be
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Ajomale: Defectors from APC are political jobbers
Wed, 01 Aug 2018
Former Chairman of the All Progressive Congress (APC) in Lagos State Otunba Oladele Ajomale spoke with SINA FADARE on the gale of defections from the party and the preparations for next years polls.You are the former Chairman of the All Progressive Congress (APC) in Lagos State. What were the challenges’There are a lot of challenges. When you get there, you are to look at the welfare of the party members as a first step and you monitor the ward and know what is going on there. If there is a
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ANRP aspirant promises to restructure economy
Wed, 01 Aug 2018
A presidential aspirant on the platform of the Abundant Nigeria Renewal Party (ANRP), Tope Fasua, has called for what he described as economic restructuring to guarantee a better life for Nigerians.He promised to tackle poverty and unemployment, if elected in next years general elections.The 47 year-old businessman-turned politician said his government will create an enabling environment for investment and business to thrive, stressing that the private sector will be strengthened to create jobs.
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Nigeria ripe for woman president, says PRP aspirant
Wed, 01 Aug 2018
A member of the Peoples Redemption Party (PRP), Dr Helen Solomon, has joined the growing list of presidential aspirants ahead of next years general elections. She said the time has come for the country to give women a chance to take a shot at the presidency.Solomon, who spoke in Lagos while declaring her intention to vie for the highest office, said women have the all it takes to steer the ship of the state.She cited post-war Liberia that was stabilised by Mrs. Ellen Johnson Sirleaf, a female po
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Alfa: Senate indulging in double standard over Kogi East
Wed, 01 Aug 2018
The last may not have been heard about the battle for the Kogi East seat in the Senate, less than a year to the end of the Eighth National Assembly. Air Marshal Isaac Mohammed Alfa (retd.) is insisting that he should be sworn in as senator, based on court judgments. Atai Aidoko is asking him to wait until the Appeal Court decides the winner. In this interview with ONYEDI OJIABOR, Alfa explains why the Senate leadership should swear him in without further delay.THE Federal High Court has declared
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Review Nigerias security, social structure, ex-envoys urge Buhari
Wed, 01 Aug 2018
The Association of Retired Career Ambassadors of Nigeria (ARCAN) has tasked President Muhammadu Buhari to urgently review the countrys social and security structure as a way to check rising insecurity.ARCAN prescribed state police, redesigning of cattle routes, ranching, implementation of voluntary surrender of weapons programme and recruitment and equipping of military personnel, among others, as solutions to the problem.The former envoys gave the advice in a July 15 memorandum titled Current s
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Nigerias Ambassador to South Africa resigns, set to leave APC
Wed, 01 Aug 2018
Nigerias Ambassador to South Africa Alhaji Ahmed Musa Ibeto has resigned and is set to quit the All Progressives Congress (APC).Ibeto who was a former deputy governor of Niger state was reported to have arrived Nigeria from Pretoria on Sunday and on Monday morning submitted his letter of resignation at the ministry of External Affairs.The Ambassador who was in Minna on Tuesday went to his country home in Magama local government area of Niger state.Sources close to the former deputy governor disc
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Ini Edo, Wizkid, others for Peace Achievers Awards
Wed, 01 Aug 2018
Nigerian entrepreneur, philanthropist and founder of Elisabeth Jack-Rich Foundation, Dr. Mrs. Elizabeth Jack Rich Tein Jr, Hon. Godwin T. Ebosa, hip-hop artiste, Wizkid are among celebrities that have been nominated for the 2018 edition of the Peace Achievers Awards.Slated for September 22, 2018 at Transcorp Hilton Hotel, Abuja, organisers say that the event aims to celebrate personalities who have contributed to the peace and unity in Nigeria through their selfless efforts.Speaking on the award
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Agency targets 7.5MW solar power annually
Wed, 01 Aug 2018
The National Agency for Science and Engineering infrastructure (NASENI) said it was targeting to generate 7.5 MW solar power annually to serve as alternative energy in the country.Its Executive Vice Chairman, Prof. Mohammed Haruna said this while declaring open the agencys 2018 Solar Installation and Maintenance Training programme in Abuja.Haruna, who was represented by the Director of Policy, Planning and Analysis, NASENI, Mrs Nonye Onyechi said the training was conceived for unemployed Nigeria
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TVCs Wake Up Nigeria marks one year
Wed, 01 Aug 2018
Popular television breakfast show, Wake Up Nigeria on TVC, is exactly one year on July 24th, 2018.Hosted by lead celebrity anchors, Abayomi Fowope and Titilayo Onyisan, the countrys first all-entertainment breakfast show, has, over the last one year, engaged viewers with top-notch entertainment content in the areas of fashion, food, music, lifestyle, entertainment, health, tech and travel in captivating and cerebral ways.Speaking on the journey so far, Deputy Director Programmes, TVC, Morayo Afo
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Nigerian filmmaker wins Kevin Harts film contest
Wed, 01 Aug 2018
A film, Sweet Revenge, produced by a Canada-based Nigerian film director, Pascal Atuma, has won this years Kevin Harts North American Film Competition.A total of 654 films were submitted for the short films competition. A jury made up of Kevin Harts comedy outfit, Laugh Out Loud; Lionsgate, and Just for Laughs team picked the best 10. The best 10 were then put to the public to pick the top 5 through voting on Laugh Out Louds YouTube channel. When the top 5 emerged from public voting, the jury th
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Eucharia Anumobi returns in Moms at War
Wed, 01 Aug 2018
After a long hiatus from the movie scene, notable Nollywood actress, Eucharia Anunobi is back with what may be a bang Moms at War- a dramedy starring Funke Akindele, Omoni Oboli, Eucharia Anumobi and Yul Edochie.Written by Naz Onuzo and directed by Omoni Oboli, the film which is a partnership of Inkblot, Dioni Visions and Film One has been slated for release August 17, 2018.Moms at War tells the story of Olaide and Ebubechukwu two mothers who would do anything for their children. Omoni Oboli st
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Ara Thunder relishes talking drum act with President Macron
Wed, 01 Aug 2018
For the burgeoning career of female talking drum exponent known as Ara Thunder, her moment with President Emmanuel Macron of France during his last visit to Nigeria was a landmark achievement.Macron had chosen the New Afrika Shrine, home of late Fela Anikulapo-Kuti, as venue of his cultural interaction with the arts and entertainment community, and Ara Thunder grabbed the opportunity with both hands by showing her innate talent to the world.As the night went down with some of the most colourful
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Nigerian producer wins Kevin Harts film contest
Wed, 01 Aug 2018
A film, Sweet Revenge, produced by a Nigerian-Canadian film director, Pascal Atuma, has won this years Kevin Harts North American Film Competition.A total of 654 films were submitted for the short films competition.A jury comprising Kevin Harts comedy outfit, Laugh Out Loud; Lionsgate, and Just For Laughs team picked the best 10.Atumas Sweet Revenge made the top 10 list.The best 10 were then put to the public to pick the top five through voting on Laugh Out Louds YouTube channel.When the top fiv
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$210m forex injection lifts naira
Wed, 01 Aug 2018
The Central Bank of Nigeria (CBN) yesterday injected $210 million, to meet customers requests in various segments of the foreign exchange market.The CBN, in its quest to meet customers needs in the various segments of the market offered $100million to authorised dealers in the wholesale segment of the market, while the Small and Medium Enterprises (SMEs) segment got boosted with the sum of $55 million. According to figures obtained from the Bank on Tuesday, July 31, 2018, customers requesting fo
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Fidelity Bank, WorldRemit partner on money transfers
Wed, 01 Aug 2018
WorldRemit customers in over 50 countries can now send money instantly to Fidelity Bank accounts from their mobile phones.The money transfer firm has joined Fidelity Bank, one of Nigerias top financial services providers, for instant money transfers to four million accounts in Nigeria.The new partnership expands WorldRemits footprint in the country and allows the 15 million-strong Nigerian diaspora living in over 50 countries including the United States, the United Kingdom, and Germany to send
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Promasidor gets BoIs N5.6b loan
Wed, 01 Aug 2018
Promasidor Nigeria Limited, a leading food company, has secured a N5.6 billion credit from the Bank of Industry (BoI) to support its aggressive expansion programmes.PNL Finance Director, Per Kristensen, said the facility would be used for buying machinery, factory expansion and value chain development, which would create jobs for Nigerians and increase the companys capacity to support the countrys economy.Disclosing this in Lagos, Kristensen said repayment of the loan was structured over a seven
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Settlement banks to submit N15b clearing collateral with CBN
Wed, 01 Aug 2018
The Central Bank of Nigeria (CBN) has asked settlement banks to provide clearing collateral of not less than N15 billion treasury bills.The directive was contained in the CBNs Monetary, Credit, Foreign Trade and Exchange Policy Guidelines for Fiscal Years 2018/2019 released by the regulator.The CBN said it would continue to categorise banks into settlement and non-settlement banks for clearing and settlement. It said settlement banks participate directly in the clearing houses and receive their
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Ambode seeks patronage of made-in-Nigeria
Wed, 01 Aug 2018
The Lagos State governor, Akinwunmi Ambode, has advised Nigerians to patronise goods made in the country to create more jobs and develop the economy.Speaking during the inauguration of the furniture factory, The Home and You built by Mrs. Feyisola Abiru, in Ikorodu, Ambode said the factory would produce industrial made-in-Nigeria furniture that can compete globally for both corporate and home use within and outside the country. He said it is only through this means that the local economy could b
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NB promotes global friendship
Wed, 01 Aug 2018
Residents of Calabar and environs who attended this years edition of City of Friends have commended the Nigerian Breweries Plc, brewers of the 33 Export Lager Beer, for its thoughtfulness in promoting friendship around the country. City of Friends, a two-day funfair and merriment for friends, was created by 33 Export Lager Beer as part of a series of events to celebrate the 2018 World Friendship Day.A final year student of the University of Calabar, Aniekan Ukpo, commended the organisers of the
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Fed Govt partners AfDB on job creation
Wed, 01 Aug 2018
The Federal Government has partnered Africa Development Bank (AfDB) to reduce unemployment in the country.The government said it plans to engage stakeholders and the AfDB in a roundtable discussion on youth employment and skills development.Minister of Labour and Employment, Dr Chris Ngige, disclosed this at the inauguration of the multi-sectoral task team on public-private roundtable on youth employment and skills development yesterday in Abuja.Represented by the Minister of State, Prof. Stephe
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NIBSS re-launches mCash
Wed, 01 Aug 2018
The Nigeria Inter-Bank Settlement Systems (NIBSS) has re-launchedmCashto replace physical cash in payment.mCash is a mobile payment system for making low-value retail payments designed to extend e-payment options to low-income buyers and sellers who deal in cash. The cashless initiative was first launched in 2016.Speaking during the event held yesterday in Lagos, Managing Director/CEO NIBSS, AdeShonubi said cash-less banking promotes financial inclusion.We talk about cashless, we talk about fina
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More winners emerge in FCMBs Millionaire Promo
Wed, 01 Aug 2018
First City Monument Bank (FCMB) has rewarded an-other set of 644 customers in its FCMB Millionaire Promo Season 5.The second set emerged at draws held across the country. This brings to 1,288 those who have won cash and other gifts since the promos started last March.The promo, which runs till November, is an extension of the banks previous ones. It is designed to reward customers and encourage financial inclusion and savings culture. The promo is targeted at all segments of the society, especia
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ARM Life posts N486m profit
Wed, 01 Aug 2018
ARM Life Plc has posted a profit before tax of N486.9 million for the year ended 2017.This was due to the focus by the management and board of the company to grow policyholders fund, particularly in the individual life segment, the disciplined-risk management practices and investment management strategies, its Chairman, Dapo Oshinusi has said.He made this known at the 20th Annual General Meeting (AGM) of the company held in Lagos.He stated that the companys gross premium written increased by 31.
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