Today’s Punch Newspaper Headlines Tuesday 26th February 2019

Today’s Punch Newspaper Headlines

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Saraki denies congratulating opponent
Tue, 26 Feb 2019
The President of the Senate Dr Bukola Saraki has denied reports he had congratulated the winner of Saturdays Kwara Central Senatorial District poll Dr Ibrahim Oloriegbe of the All Progressives Congress, the News Agency of Nigeria reports. In a statement by his Special Adviser, Media and Publicity Mr Yusuph Olaniyonu on Monday, Saraki urged supporters
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BUY OR SELL OLD AND NEW CARS, PARTS, CAR MATERIALS AS CAR MART NG LAUNCH IN NIGERIA

INEC probes 157,591 cancelled votes in Nasarawa
Tue, 26 Feb 2019
Friday Olokor, Abuja The Independent National Electoral Commission on Monday promised to look into the results of the presidential election in Nasarawa State following complaints of huge number of cancelled votes estimated at 157,591. The Collation Officer and Academic Provost of the Nigeria Defence Academy, Prof Azubike Nwankwo, said 157,591 votes were cancelled across 86
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Ngige threatens to sue INEC over Buharis defeat in Anambra
Tue, 26 Feb 2019
Tony Okafor, Awka The Minister of Labour and Employment, Dr Chris Ngige, has threatened to sue the Independent National Electoral Commission over the defeat of President Muhammadu Buhari in some parts of Anambra State in the Saturdays poll. Ngige, who is the agent of Buhari in the election, faulted the results INEC declared in the
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Observer group wants elections cancelled in Benue North West
Tue, 26 Feb 2019
John Charles, Makurdi The Grassroots Empowerment Initiative for Positive Change and Development on Monday urged the Independent National Electoral Commission to cancel the just-concluded presidential and National Assembly elections in the Benue North West senatorial district. The group was one of the accredited election observers for the poll. The groups team leader, Mr Jimmy Feyisola-George,
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Group alleges foreign interference in Nigerias electoral process
Tue, 26 Feb 2019
Olalekan Adetayo, Abuja A group, the Protect Nigeria Group, on Monday claimed that some unnamed foreign Non-Governmental Organisations are working in conjunction with some embassies and political parties to interfere in the nations ongoing electoral process. It said the development was already causing tension in the country ahead of the formal declaration of the result
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Ogun ADC demands electoral officers arrest over alleged malpractice
Tue, 26 Feb 2019
Tunji Bosun, Abeokuta The African Democratic Congress has called for the arrest of the electoral officer in charge of Yewa North/Imeko-Afon federal constituency in Ogun State over alleged plan to release fake result of the House of Representatives election. The ADC also called for the apprehension of some chieftains of the All Progressives Congress in
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Feb 23 will be declared Kwara Liberation day Lai Mohammed
Tue, 26 Feb 2019
Nike Popoola and Tunde Oyekola The Minister of Information and Culture, Alhaji Lai Mohammed, on Monday said that last Saturday date, February 23, will be declared as Kwara Liberation Day immediately the new government comes to power in the state. Mohammed disclosed this in Ilorin on Monday while addressing a press conference with stakeholders of
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APGA, PDP protest as Okorocha wins senatorial poll
Tue, 26 Feb 2019
Chidiebube Okeoma, Owerri Imo State Governor Rochas Okorocha has been declared the winner of Saturdays Imo West senatorial election. The returning officer, Prof Francis Ibeawuchi, announced at the collation centre in Orlu on Monday that Okorocha of the All Progressive Congress polled 97,762 votes to win the election ahead of the Peoples Democratic Partys Mr
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Agbaje kicks against election violence in Lagos
Tue, 26 Feb 2019
Oluwatobi Akindele The governorship aspirant of the Peoples Democratic Party in Lagos State, Jimi Agbaje, has kicked against the violence carried out across the state during the presidential and National Assembly elections which held on Saturday, February 23, 2019. Agbaje, during a press briefing on Monday, added that the mayhem was a deliberate attempt by
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Shehu Sani rejects election result
Tue, 26 Feb 2019
Sunday Aborisade and Godwin Isenyo, Kaduna The lawmaker representing Kaduna Central Senatorial District and candidate of the Peoples Redemption Party, Shehu Sani, has demanded the cancellation of Saturdays election in Kaduna State. The senator lost his bid to return to the red chamber to the All Progressives Partys Uba Sani. Addressing a press conference in
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N464bn Treasury, OMO bills to mature this week
Tue, 26 Feb 2019
Feyisayo Popoola Treasury Bills and Open Market Operations bills worth N464bn will mature this week. The Central Bank of Nigeria is expected to conduct a Primary Market Auction on Wednesday where a total of N115.1bn across the 91-day (N23.4bn), 182-day (N38.8bn) and 364-day (N59.9bn) tenors is expected to be rolled over. The 91-day tenor has
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How to calculate interest on your savings
Tue, 26 Feb 2019
As you build up your savings, its helpful to learn how to calculate interest. Doing so allows you to plan for important goals and understand your progress towards those goals. Its relatively easy to calculate the interest you earn, especially if you use free spreadsheets or online calculators. According to thebalance.com, interest is the cost
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Starting an online retail store
Tue, 26 Feb 2019
Feyisayo Popoola Online selling, better known as e-commerce, has truly hit its stride. In fact, Forrester reports that e-commerce sales in 2011 topped $202bn and increased by 62 per cent to reach $327bn in 2016. With this much money on the table, it may be time to consider taking your business online. Fortunately, getting started
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Town planners knock states over poor master plan
Tue, 26 Feb 2019
Okechukwu Nnodim, Abuja The Nigerian Institute of Town Planners has knocked state governments over the poor and non-implementation of a proper master plan in the planning of cities across the country. According to the institute, aside from the Federal Capital Territory, Abuja, no other city in Nigeria has been able to adequately implement a proper
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US envoy cautions against illegal result announcement
Tue, 26 Feb 2019
Adelani Adepegba, Lokoja The United States Ambassador to Nigeria, Stuart Symington, has cautioned candidates and political parties against claiming victories at the polls. Noting that the predominantly peaceful exercise was overshadowed by the violence of a few individuals, the envoy admonished the people not to break the law by announcing results before official announcement by
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I have experienced electoral defeat, victory Bamidele
Tue, 26 Feb 2019
Abiodun Nejo, Ado Ekiti Senator-elect for Ekiti Central, Opeyemi Bamidele, on Monday said he knew how it felt to lose and to win elections, having experienced both. Bamidele, a former member of the House of Representatives, attributed his victory to divine intervention. The senator-elect spoke at his Iyin Ekiti country home on Sunday evening shortly
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NIMASA seeks greater involvement of women in shipping sector
Tue, 26 Feb 2019
Anna Okon The Nigerian Maritime Administration and Safety Agency has sought greater involvement of women in the shipping industry, saying that it will support initiatives aimed at getting more African women involved in the industry. The Director-General, NIMASA, Dr Dakuku Peterside, said this was in line with the global focus on enhancing the role of
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Internal crisis affected APCs performance in Ondo Boroffice
Tue, 26 Feb 2019
Peter Dada, Akure The senator representing Ondo North, Prof Ajayi Boroffice, on Monday attributed the poor outing of the All Progressives Congress in the presidential and National Assembly elections in the state to the partys lingering internal crisis. According to the result released by the Independent National Electoral Commission, the APC won in six out
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Exports of Nigeria crude oil grades set to rise
Tue, 26 Feb 2019
Femi Asu Exports of two Nigerian crude oil grades, Qua Iboe and Bonny Light, are set to rise in March. April loading programmes for several Nigerian grades emerged late last week, according to Reuters. Exports of Qua Iboe, the countrys largest oil grade, will rise to 253,000 barrels per day from 215,000 bpd in March,
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Leadway explains relevance of term life assurance
Tue, 26 Feb 2019
Nike Popoola The Executive Director, Leadway Assurance Company Limited, Adetola Adegbayi, has urged Nigerians to subscribe to term life assurance product. In a statement, she said, people should form the habit of buying what they could not save, through term assurance policy. While speaking at a training conducted by the company for journalists in Lagos,
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Real estate funds ll boost economic activities Report
Tue, 26 Feb 2019
Nike Popoola The FSDH Research has said that a real estate fund is an investment vehicle that can be used to address Nigerias housing shortage and encourage economic activities in the real estate sector. FSDH Merchant Bank stated this in its report on Real estate fund Investment vehicle to address housing shortage in Nigeria.
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Oil price plunges after Trump tells Nigeria, others to relax
Tue, 26 Feb 2019
Femi Asu The international oil benchmark, Brent crude, tumbled on Monday after the United States President, Donald Trump, told the Organisation of Petroleum Exporting Countries to relax as prices were getting too high. Brent, against which Nigerias oil is priced, has risen by around 20 per cent this year, aided primarily by OPECs production cuts,
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CBN releases N596bn for 576 agric projects
Tue, 26 Feb 2019
Nike Popoola As of November 19, 2018, the total amount released by the Central Bank of Nigeria under the Commercial Agriculture Credit Scheme from inception to the participating banks for disbursement stood at N596.44bn for 576 projects. Figures obtained from the CBN on Monday revealed that of the total number of projects, 34 were in
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Stock market rises after presidential election
Tue, 26 Feb 2019
Feyisayo Popoola The nations stock market rose slightly on Monday as investors awaited the final results of the presidential and National Assembly elections. Investors gained N69bn at the end of trading as the market capitalisation of equities listed on the floor of the NSE increased from N12.125tn on Friday to N12.194tn on Monday. Traders said
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Cheque transactions dip by 20% as digital payments rise
Tue, 26 Feb 2019
Ife Ogunfuwa The volume of cheques cleared by Nigerian banks keeps shrinking as bank customers continue to embrace electronic payments for their financial transactions. In January this year, the volume of cheques dropped by 20 per cent to 712,191 compared with 885,166 recorded in the industry in January 2018, the latest data from the Nigerian
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Kano, Port Harcourt airport set to get international certification
Tue, 26 Feb 2019
Maureen Ihua-Maduenyi The certification of the Mallam Aminu Kano International Airport and Port Harcourt International Airport are now in the final stages, the Federal Airports Authority of Nigeria has said. The airports are being certified by the Nigerian Civil Aviation Authority to meet the safety standards of the International Civil Aviation Organisation for international airports
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Ecobank to support businesses with Omni Lite
Tue, 26 Feb 2019
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan, has said the banks recently upgraded online banking platform for businesses called Omni Lite, is versatile, secured and user- friendly. In a statement, he urged business owners to take advantage of the services available on the platform which had been specifically optimised for them. He stated, those in
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First Bank rewards customers for using payment platform
Tue, 26 Feb 2019
First Bank of Nigeria has said the banks ongoing Visa on mobile (QR) payment promo will reward customers with various discounts for using the QR payment on the FirstMobile App while carrying out transactions with select partner merchants. In a statement, the bank said the promo would end by the end of February. It stated,
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Firm to tackle housing shortage in Oyo
Tue, 26 Feb 2019
Maureen Ihua-Maduenyi A housing development firm, Structuracasa Nigeria Limited, says it plans to help in reducing housing shortage in Ibadan, the Oyo State capital. The firm stated that in its bid to transform the housing sector in the state and enhance it to world standards, it had developed three projects in Ibadan. It said in
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Buhari wins seven states, Atiku four, PDP rejects results
Tue, 26 Feb 2019
INEC continues announcement of results today Olusola Fabiyi, Friday Olokor,Kamarudeen Ogundele, Armstrong Bakam, Adeniyi Olugbemi and Tunji Bosun The Independent National Electoral Commission on Monday started the announcement of the results of Saturdays presidential election. As of the time of filing this report, INEC had announced the result in 10 states and the Federal Capital
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I declared Okorocha winner under duress Returning officer
Tue, 26 Feb 2019
Hes a bloody liar, says gov Chidiebube Okeoma and Gibson Achonu The Returning Officer for the Imo West senatorial election on Saturday, Prof Innocent Ibeawuchi, has alleged that he was forced to declare Governor Rochas Okorocha the winner of the poll by the supporters of the All Progressives Congress candidate. According to the result, Okorocha
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NYSC asks INEC to pay corps members allowances
Tue, 26 Feb 2019
Olaleye Aluko, Abuja The National Youth Service Corps has called on the Independent National Electoral Commission to pay all outstanding training allowances and other entitlements of the corps members who participated in last Saturdays presidential and National Assembly elections. The NYSC said the electoral commission must avoid delay in the settlement of the allowances, as
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FG alleges plan to disrupt electoral process
Tue, 26 Feb 2019
Olusola Fabiyi, Abuja The Federal Government on Monday warned against alleged plans by desperate opposition to disrupt the electoral process. The Minister of Information and Culture, Alhaji Lai Mohammed, issued the warning in a statement made available to our correspondent in Abuja. He accused the Peoples Democratic Party of working towards a constitutional crisis and
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Osobas son wins House of Reps seat in Ogun
Tue, 26 Feb 2019
Tunji Bosun, Abeokuta Olumide Osoba, the son of a former governor of Ogun State, Segun Osoba, has won the seat of House of Representatives for Abeokuta North/Odeda/Obafemi-Owode Federal Constituency in the state. Olumide, who contested on the platform of the All Progressives Congress, defeated the candidate of the Allied Peoples Movement, Micky Kazzim, a serving
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Accept results, ECOWAS observers tell candidates
Tue, 26 Feb 2019
Olalekan Adetayo, Abuja The Economic Community of West African States Election Observation Mission has called on Nigerians who contested the presidential and National Assembly elections to accept the results in good faith. The mission gave the advice in its preliminary report signed by its Head, Mrs Ellen Johnson-Sirleaf, and made available to journalists on Monday.
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Buhari wins Katsina with 1.23million votes
Tue, 26 Feb 2019
The All Progressives Congress presidential candidate, Muhammadu Buhari has polled 1,232,133 votes in Katsina, his home state in Saturdays presidential election. Prof. Fatima Mukhtar, the State Collation Officer said Buhari defeated Atiku Abubakar of the Peoples Democratic Party who got 308,056 votes. The News Agency of Nigeria reports that Buhari won in all the 34
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APC, PDP agents disagree over Rivers result
Tue, 26 Feb 2019
Sampson Itode, Port Harcourt Agents of the All Progressives Congress in Rivers State and their counterparts in the Peoples Democratic Party almost exchanged blows on Monday over claims that the presidential election results in some local government areas in the state were forged. Agent of the APC, Dr Sampson Ngerebara, at the state collation centre
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Adamawa APC petitions INEC over presidential results
Tue, 26 Feb 2019
Olufemi Atoyebi and Hindi Livinus The All Progressives Congress in Adamawa State has said the conduct of the presidential and National Assembly elections in the state was marred with irregularities ranging from voting without accreditation to acceptance of result sheets that were not signed by party agents. The Independent National Electoral Commission, on Monday, declared
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Observer group says presidential election peaceful, turnout commendable
Tue, 26 Feb 2019
Olalekan Adetayo, Abuja An election observer group, the African Centre for Leadership, Strategy and Development, has described the Presidential and National Assembly elections held across the country on Saturday as generally peaceful. The group made the observation in its second interim report on the election signed by its acting Executive Director, Monday Osasah, and made
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Improve electoral process Amosun
Tue, 26 Feb 2019
Tunji Bosun , Abeokuta The Ogun State Governor and the Ogun Central Senator-elect, Ibikunle Amosun, has called for the improvement of electoral process ahead of the March 9, elections. Amosun said this on Monday while addressing newsmen after the State Executive Council meeting in Abeokuta. Amosun who described the election as rancour-free, however, lamented the
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Senatorial poll: Ajimobi, Dankwambo, others lose as ninth National Assembly takes shape
Tue, 26 Feb 2019
Niyi Odebode, Leke Baiyewu, Mudiaga Affe, Adeniyi Olugbemi, Alexander Okereke, Adekunle Peter, Tony Okafor, Tunji Bosun, Ted Odogwu, James Abraham, Chima Azubuike, Olaide Oyelude, Bola Bamigbola, Peter Dada, Tunde Oyekola. Edward Nnachi and Patrick Odey The ninth National Assembly has started taking shape with the declaration of some of the results of Saturdays legislative elections.
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NCS dismisses 2019 polls as step back from 2015
Tue, 26 Feb 2019
Friday Olokor, Abuja The Nigeria Civil Society Situation Room has expressed concern over alleged poor management of the presidential and National Assembly elections by the Independent National Electoral Commission. While demanding an independent inquiry into the alleged poor performance of INEC, it said, This election is a step back from the 2015 general elections. The
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NUJ condemns Rivers killings
Tue, 26 Feb 2019
Chukwudi Akasike, Port Harcourt THE Nigeria Union of Journalists, Rivers State Council, has condemned th killings that marred the elections in the state on Saturday. The NUJ decried the killing of a soldier, former chairman of Andoni Local Government Area, Mowan Etete, and others during the presidential and National Assembly elections in the state. In
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Ajimobi accepts defeat, congratulates PDP senator-elect, others
Tue, 26 Feb 2019
Ademola Babalola, Ibadan Oyo State Governor, Abiola Ajimobi, on Monday conceded defeat in the Oyo South senatorial election which he lost to the candidate of the Peoples Democratic Party, Kola Balogun. He said although the election was characterised by malpractices, he had decided to let go in the interest of peace. Ajimobis position was contained
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Court dismisses asset declaration charges against director, brother
Tue, 26 Feb 2019
Ade Adesomoju, Abuja The Federal High Court in Abuja on Monday dismissed the two counts of non-declaration of assets instituted against a director in the Federal Ministry of Power, Works, and Housing, Mr Ibrahim Tumsah, and his brother, Mr Tijani Tumsah. Justice Inyang Ekwo dismissed the charges on the grounds that the Chief Okoi Obono-Obla-led
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Former LUTH CMD, Prof Elebute, dies at 87
Tue, 26 Feb 2019
Tare Youdeowei The Elebute Family has announced the death of their father and grandfather, Prof Emmanuel Adeyemo Elebute (CON). According to the family, he died in the early hours of Saturday, February 23, 2019. Born on September 15, 1932 in Lagos, Elebute is survived by his wife, Prof Oyinade Elebute; four children: Adekunle Elebute, Modupe
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APC council hails Nigerians for peaceful conduct
Tue, 26 Feb 2019
Maureen Ihua-Maduenyi The All Progressives Congress Presidential Campaign Council has commended Nigerians for their peaceful conduct in most areas during the Saturday National Assembly presidential elections. In a statement signed on behalf of the Strategic Communications Committee of the group by Dr Al-Hameeda Fraser on Monday, the council also said there was a need for
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Kaspersky warns of ATM-cash out malware
Tue, 26 Feb 2019
Ife Ogunfuwa Kaspersky, a cybersecurity solutions provider, says it has discovered a malware used by cybercriminals to automatically dispense cash from Automatic Teller Machines. It said the malware called WinPot had been designed to look like the slot machine, warning that new modifications would be invented by the fraudsters this year. Kaspersky said some of
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