Today’s Punch Newspaper Headlines, Friday 4th January 2019

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Today’s Punch Newspaper Headlines, Friday 4th January 2019

I only killed one person, blinded another, says suspected cult leader
Fri, 04 Jan 2019
Bola Bamigbola, Osogbo The Osun State Police Command, on Thursday, paraded three suspected members of the Eiye Confraternity, whom it accused of causing the death of many rival cult members and members of the public. The suspects are Afeez Alade aka Esubiyi; Seyi Adesoji and Sodiq Olatunde. Parading the suspect before journalists, the Osun State
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Interswitch pays brutalised agent after PUNCHs report
Fri, 04 Jan 2019
Samson Folarin Interswitch Financial Inclusion Services has resolved the failed transaction issues involving one of its Quickteller Paypoint agent, Mr Olufemi Oyebanjo. The resolution followed a report by PUNCH Metro on the travails of Oyebanjo, who was being hounded by customers over failed Point of Sale transactions. PUNCH Metro had reported that the 43-year-old had
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Ondo man caught with used sanitary pads for psychiatry test
Fri, 04 Jan 2019
Peter Dada, Akure A middle-aged man, identified as Kayode Michael, who was on Wednesday apprehended by residents of the Danjuma area of Akure, the Ondo State capital, for allegedly picking women underwear and used sanitary pads, is to undergo a psychiatric test. The man was almost lynched by the mob who caught him with a
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Policeman brutalises artiste for refusing to submit car key
Fri, 04 Jan 2019
Oluwatobi Akindele An ex-YBNL signee, popularly known as Viktoh, has yet to recover from the torture he was allegedly subjected to by a police officer in Lagos following his refusal to submit his car key. In a video making the rounds on social media, the right eye of the artiste was allegedly badly injured by
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Akpata unveils memoir on life in the Middle East
Fri, 04 Jan 2019
Tare Youdeowei A retired professor of dentistry, Enosakhare Akpata, has unveiled his memoir, Sand, Sun and Surprises, which focuses on his experiences while living and working in the Middle East for 23 years. Unveiled on Saturday during the 50th wedding anniversary dinner of the author and his wife at the Metropolitan Club, Victoria Island, Lagos,
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Unicyclists emerge as winners of Lagos Grows Talents 2018
Fri, 04 Jan 2019
The 2018 edition of Lagos Grows Talent Competition finally came to an end with the Unicyclists group going home with the ultimate prize. The Unicyclists clinched the top prize of N1m, the first runner-up, Brighttizzy who dazzled with his rap went away with the sum of N500,000 while the second runner-up, Johnkay rap group got
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2019: Reject Atiku, Miyetti Allah urges Nigerians
Fri, 04 Jan 2019
Adelani Adepegba, Abuja The Miyetti Allah Kautal Hore Fulani has called on Nigerians to reject the Peoples Democratic Party presidential candidate, Alhaji Atiku Abubakar, at the 2019 polls. The groups National President, Alhaji Bello Bodejo, made the call at a news conference in Abuja on Thursday. He accused Atiku of trying to destabilise the country,
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Strike: Lautech lecturers disagree
Fri, 04 Jan 2019
Ademola Babalola, Ibadan THE ongoing nationwide strike by Academic Staff Union of Universities on Thursday suffered a setback in its Ladoke Akintola University of Technology chapter as some lecturers who are old students of the school, resumed teaching. The lecturers had on Wednesday expressed sadness over the fortunes of the institution, which resumed recently after
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Atiku flays INEC, insists on card readers, PVCs
Fri, 04 Jan 2019
Success Nwogu, Abuja The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, on Thursday called for the use of only smart card readers and permanent voter cards in the 2019 elections. He said he was concerned about reports that contrary to the 2018 promise by the Independent National Electoral Commission at different times and
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Oyetola visits burnt secretariat
Fri, 04 Jan 2019
Bola Bamigbola, Osogbo Osun State Governor, Mr Gboyega Oyetola, has paid an assessment visit to the Olorunda Local Government Secretariat, Osogbo razed by fire on Sunday. The governor, who spoke at the scene of the incident, said the inferno might have been caused by electrical spark. Oyetola said, I thank God the incident did not
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16 houses burnt in Taraba communal crisis
Fri, 04 Jan 2019
Justin Tyopuusu, Jalingo No fewer than 16 houses were burnt down during a communal clash that rocked the Gese community in the Wukari Local Government Area of Taraba State in the early hours of Thursday. This happened barely five days after the Benue State Governor, Samuel Ortom, and his Taraba State counterpart, Darius Ishaku, held
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Teachers advised to stop imposing knowledge on pupils
Fri, 04 Jan 2019
Tare Youdeowei Teachers in the country have been advised to stop imposing what they know on pupils and embrace the teaching method of harvesting pupils innate gifts to move society forward. The call was made by the Head of School, Grange School, Ikeja, Lagos, Mrs Fadekemi Olumide-Aluko, in a statement made available to The PUNCH
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Organisation donates building to Osun school
Fri, 04 Jan 2019
Bola Bamigbola, Osogbo The Orangun of OkeIla, Oba Adedokun Abolarin, has urged well meaning Nigerians to continue to support efforts aimed at providing quality education to the less privileged. Abolarin spoke at the commissioning of a building donated by Grooming Centre, Lagos, to Abolarin College, OkeIla, which also marked his 60th birthday. He said, What
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FG earmarks N1.46bn for unity schools
Fri, 04 Jan 2019
Olaleye Aluko, Abuja The Federal Government has earmarked over N1.46bn to rehabilitate and equip the 104 Federal Unity Colleges in the country. Of that amount, N473,389,940 was set aside for the purpose of rehabilitating and equipping laboratories, while N573,389,940 was targeted at rehabilitating classrooms and hostels. The sums were obtained from the Ministry of Education
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Anambra emerges winner of SUBEB schools debate
Fri, 04 Jan 2019
The Anambra State Universal Basic Education Board has emerged winner of the 2018 School Debate Competitionwhich was held in Anambra State as part of activities to reignite the reading and debating culture in Nigerians. SUBEBs from Anambra, Imo, Ebonyi, Akwa Ibom, Oyo, Katsina, Benue and Plateau states, as well as the Nigeria Police participated in
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Leaving bitcoins on exchanges risky Analysts
Fri, 04 Jan 2019
Feyisayo Popoola Analysts have said leaving bitcoins on stock exchanges is risky. According to them, bitcoins experienced its first bank run on Thursday. Coindesk reports that analysts noted participants took their money out of third-party bitcoin services and moved them to accounts only they themselves controlled. Were going to withdraw all our bitcoin from any
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Ministries, agencies to demand NIN for services January
Fri, 04 Jan 2019
Ife Ogunfuwa The National Identity Management Commission says the implementation of mandatory use of the National Identification Number by government agencies takes effect on January 1, 2019, The Director-General of NIMC, Aliyu Aziz, said this meant all Federal Government Ministries, Agencies and Departments that took records of personnel and provide services requiring the identification of
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A ruling party that impedes its own president
Fri, 04 Jan 2019
Tunji Ajibade <span class=”__cf_email__” data-cfemail=”2a5e5f444043454b6a534b42454504494547″>[emailprotected]</span> 08036683657 Members of a political party of necessity share a similar interest. But theres a challenge when the interest of members of a ruling political party clashes with the interest of their nation. Its a drawback wherever it happens. It cant but happen when individual interest is paramount. Meanwhile, no individual is
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Still on the proposed National Microfinance Bank
Fri, 04 Jan 2019
Tiko Okoye Continued from Thursday While the number of financially excluded persons has risen, it is also true that there is a very wide disparity in their proportions among geopolitical zones. The South-West has the least number of financially excluded persons, with the South-East, South-South, North-West, North-Central and North-East following in an increasing order of
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Nigeria cant afford another war, says Fayemi
Fri, 04 Jan 2019
Abiodun Nejo,Ado Ekiti The Ekiti State Governor, Dr Kayode Fayemi, said on Thursday that Nigeria could not afford another civil war hence the need for citizens to desist from acts that could threaten peace. The governor praised members of the Nigerian Legion and serving soldiers for their sacrifice to keep the country united during and
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Akwa Ibom acquires three aircraft for Ibom Airline
Fri, 04 Jan 2019
Patrick Odey, Uyo AKWA Ibom State Government said on Thursday that it had acquired three aircraft to its fleets of Ibom Airline Company. The State Commissioner for Special Duties and Aviation Development, Mr Akan Okon, who disclosed this at the New Year chat with newsmen in Uyo, said the airline would be run as a
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Delta to empower 26,400 traders with N10,000 each
Fri, 04 Jan 2019
The Delta State Government says it has concluded plans to empower 26,400 traders with the sum of N10, 000 each. The State Commissioner for Economic Planning, Dr Emu Kingsley, disclosed this in an interview with the News Agency of Nigeria, on Thursday, in Asaba. He said, We have concluded plans to empower more than 26,400
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Oil cargoes from Nigeria, others to US plunge
Fri, 04 Jan 2019
Femi Asu with agency report Crude oil cargoes leaving for the United States from Nigeria and other members of the Organisation of Petroleum Exporting Countries dropped in December to the lowest level in at least five years, data from Refinitiv Eikon and market intelligence firm, Kpler, showed. Oil cargoes departing from OPEC nations to the
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KEDCO to expand network for improved power supply
Fri, 04 Jan 2019
Ted Odogwu, Kano The Managing Director and Chief Executive Officer of Kano Electricity Distribution Company, Dr Jamilu Gwamna, on Thursday, said the company planned to expand power networks in Kano, Katsina and Jigawa states to improve power supply in 2019. Gwamna, who made the disclosure in his New Years message in Kano, said this became
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Expect huge election spending, slow economic activities in 2019 Experts
Fri, 04 Jan 2019
Financial experts say Nigerias economic performance in 2019 is expected to be influenced by certain global and local activities, NIKE POPOOLA reports The N8.83tn 2019 budget predicated on the oil price of $60 per barrel was only presented to the National Assembly late December and has been generating a lot of concerns. The Federal Government,
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India, Nigerias biggest trading partner in Q3 2018 NBS
Fri, 04 Jan 2019
Anna Okon withagency report India was Nigerias biggest trading partner in the third quarter of 2018, gulping N719.2bn of crude and N37.7bn of natural gas exports from the country. India also bought cashew nuts worth N4.7bn. The News Agency of Nigeria stated that the latest figures from the National Bureau of Statistics, covering July, August
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Jumia unveils late night food delivery service
Fri, 04 Jan 2019
Jumias marketplace for restaurants has announced the introduction of a late night delivery service to enable customers to order food up until midnight. A statement quoted the Managing Director of the company, Guy Futi, who disclosed this in Lagos recently, as saying, We introduced the late night delivery service to accommodate customers who order food
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MAN president leads committee on African Manufacturers Association
Fri, 04 Jan 2019
Anna Okon The President, Manufacturers Association of Nigeria, Mansur Ahmed, has been recently appointed the interim chairman of the committee to develop the African Manufacturers Association, according to a statement from MAN. It said the appointment followed the announcement by the Commissioner of Trade, African Union Commission, Albert Muchanga, at the Intra-African Trade Fair which
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Continental Reinsurance denies plan to delist from NSE
Fri, 04 Jan 2019
Feyisayo Popoola Continental Reinsurance Plc has said it does not have any plan to delist from the Nigerian Stock Exchange. The Managing Director, Continental Reinsurance, Dr Olufemi Oyetunji, disclose this while speaking at a press conference in Lagos. According to him, the company only plans to change its business structure to attract capital. He said,
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Nigerians fear weaker economy from rising inflation CBN report
Fri, 04 Jan 2019
Nike Popoola Respondents in a survey carried out by the Central Bank of Nigerias Statistics Department in the fourth quarter of 2018, showed that more Nigerians were sceptical of the country having a weaker economy from rising inflation. The CBN said the Inflation Attitudes Survey was conducted between November 24 December 7, 2018 from
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UBA appreciates customers
Fri, 04 Jan 2019
Nike Popoola The Group Managing Director/Chief Executive Officer, United Bank for Africa Plc, Kennedy Uzoka, thanked the banks customers for their patronage over the years and 2018 in particular. In a statement, the bank chief said, It is another year and a new year always brings new opportunities for us to show how much we
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Deliver Lagos-Ibadan rail in two weeks, FG orders contractor
Fri, 04 Jan 2019
Okechukwu Nnodim, Abuja The Federal Government on Thursday gave marching orders to the contractor handling the Lagos-Ibadan rail line to deliver the Iju (Lagos) to Agbado (Ogun) section of the project within the next two weeks. It stated that although there had been a considerable improvement on the project, it was important to get the
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FG proposes to spend N2.26tn on debt servicing
Fri, 04 Jan 2019
Everest Amaefule, Abuja The Federal Government has proposed to spend a total of N2.26tn on debt servicing in the 2019 fiscal year. This was contained in the detailed budget proposal which was obtained by our correspondent in Abuja. The proposal for debt servicing is more than 25 per cent of the N8.83tn which the Federal
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Tips on opening bank account for kids
Fri, 04 Jan 2019
Are you trying to teach your child the value of a money and the importance of saving up for special items by stashing away some of his or her birthday, holiday, and gift money’ If so, it might make sense to open a kids bank account for that extra money. With their own savings
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Practical steps to managing your finances
Fri, 04 Jan 2019
Ifeanyi Onuba What is the key to being successful financially’ Is it earning a fantastic income’ Is it staying debt-free’ Or is it investing successfully and eventually hitting it big in the stock market’ The answer may surprise you. Experts say managing your money in a sustainable manner is a major factor to becoming financially
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Money mistakes parents should avoid
Fri, 04 Jan 2019
From working overtime to allowing screen time, modern parents can easily feel as though they are failing on many fronts. As if they dont already have enough to feel guilty about, parents may be making some serious financial mistakes, too. According to money.usnews.com, there are universal errors that parents with children of all ages make,
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Zedcrest Capital appoints new marketing head
Fri, 04 Jan 2019
Feyisayo Popoola Zedcrest Capital Limited has announced the appointment of Adebowale Banzi as its new group head of marketing and brand communications. The Chief Executive Officer, Zedcrest Capital, Adedayo Amzat, while speaking during a press conference in Lagos on Thursday, said Banzis appointment was in line with the companys growth strategy aimed at creating more
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2019: Tech to drive investment in residential real estate
Fri, 04 Jan 2019
Maureen Ihua-Maduenyi Property technology will drive investments in real estate, especially the residential sub-sector, this year, a new report has said. In its 2019 Nigeria Real Estate Market Outlook, Northcourt, a real estate investment and research company, said the industry would see more supply across the various sub-sectors but with varying levels of demand. According
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Banking, industrial stocks depreciate as market extends losses
Fri, 04 Jan 2019
Feyisayo Popoola The stocks of banks and industries depreciated on Thursday as the nations equities market extended its losses. Investors lost a further N111.4bn as the market capitalisation of equities listed on the Nigerian Stock Exchange dropped from N11.586 on Wednesday to N11.474 on Thursday. The All-Share Index depreciated by 0.96 per cent as sell-offs
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IBL empowers 25 youths with N75m
Fri, 04 Jan 2019
Ademola Babalola, Ibadan The head of Country Legal and Corporate Affairs at the International Breweries Limited, Michael Daramola, said the Kickstart initiative of the company had empowered 25 youths in various business sectors through the provision of financial assistance. Speaking in Ibadan during one of the empowerment programmes which gulped N75m, Daramola noted that the
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Firm introduces sports betting promo
Fri, 04 Jan 2019
Online sports betting platform, Betway, has announced the introduction of a new promotion, Multi Bet Madness, aimed at rewarding customers during the festive season. Betway, the official partner and sponsor of the Nigerian five-a-side league, is giving customers the chance to win payout increases on all multi bets, a statement noted on Thursday. It said
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OPS wants conducive, investment-friendly environment in 2019
Fri, 04 Jan 2019
Anna Okon Members of the Organised Private Sector, including the Manufacturers Association of Nigeria and the Nigerian Association of Chambers of Commerce, Industry Mines and Agriculture, have advocated a more conducive and investment-friendly environment this year. The National President, NACCIMA, Chief Alaba Lawson, called for an upgrade in infrastructure and improvement in the ease of
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T&G pharma unveils lactose-free milk
Fri, 04 Jan 2019
A pharmaceutical company, Thompson & Grace Pharmaceuticals Limited, Lagos, has introduced lactose-free milk, known as Valio powdered milk, into the Nigerian market. Unveiling the four variants of the milk product at separate events in Abuja and Lagos recently, the Managing Director/Chief Executive Officer of T&G Pharma, Dr Isaac Amos, declared that Valio milk produced in
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Group decries Nigerias 110th best for business ranking
Fri, 04 Jan 2019
Ademola Babalola, Ibadan THE recent Forbes ranking of Nigeria as 110th best for business across the globe has been described as ridiculous and a proof that the countrys economy is fantastically worsened. The Yoruba Youth Socio-cultural Association, in a press statement by its President and Secretary, Olalekan Hammed and Olawale Ajao, respectively, said, Having rated
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Winners emerge in All Africa Business Leaders awards
Fri, 04 Jan 2019
Finalists from all corners of the continent met at the 2018 All Africa Business Leaders Awards grand finale to crown the winners at a gala dinner in Johannesburg, South Africa. Now celebrating its eighth year, the AABLA, in partnership with CNBC Africa, is an empowerment-driven premium event, intended to distinguish and uphold the achievements of
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Firm provides energy to two million Nigerians
Fri, 04 Jan 2019
Anna Okon Greenlight Planet, dealers in solar home energy products, said it delivered clean energy access to more than two million individuals in Nigeria. The firm which said it was on a mission to power the homes of the undeserved, disclosed that it began distributing its Sun King solar home energy products in the country
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Firm makes list of 50 global emerging startups
Fri, 04 Jan 2019
Nike Popoola Cowrywise, a platform that allows users to save and invest through an automated process, made the Kairos K50 list in 2018. The firm said in a statement that the K50 list considered 2,500 startups from 65 countries, while it selected companies and published on Inc. magazine. The Lagos fintech, which is just a
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Terragon named employer of the year
Fri, 04 Jan 2019
A data and marketing technology company, Terragon, has emerged winner of the Future of Workplace Employer of the Year 2018, according to a statement. It explained that the award was an initiative of Human Resource Summit and Expo West Africa, which recognised the outstanding achievements of individuals, departments, teams and organisations that had contributed to
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