Find out what is making headlines all over the country from the covers of The Guardian, Vanguard, The Nation and The Punch.
For today, February 17 2016:
For today, February 17 2016:
THE GUARDIAN NEWSPAPER
NEC orders CBN to review exchange rate
The National Economic Council (NEC) yesterday expressed concern over the exchange rate and directed the Central Bank of Nigeria (CBN) to quickly facilitate an urgent review of the current forex policy in the country.
Oil sector loses N200bn to production disruption
Nigeria has lost over N200 billion in the last 11 months due to the force majeure declared by Shell Petroleum Development Company (SPDC) as a result of the vandalism of the 48-inch Forcados export line in 2016.
Nigerians weigh cost of Buhari's medical vacation abroad
The real cost of President Muhammadu Buhari’s continued stay in London for his medical vacation and the attendant fraternal trips by politicians dominated the social media landscape yesterday. Some Nigerians called on government to improve the nation’s health system and make it more suitable for medical tourism.
VANGUARD NEWSPAPER
Inside story of Andrew Yakubu's $11m gift
One of the most frequently asked questions this week is, which Andrew? There was once an Andrew in the first coming of President Muhammadu Buhari who popularised that name.
Naira's free fall: NEC seeks urgent review of foreign exchange policy
Following the free fall of the Naira against the Dollar in the foreign exchange market, the National Economic Council, NEC, has asked the Central Bank of Nigeria, CBN, to urgently review its foreign exchange policy.Seizure of Ekiti's funds: It's an attempt by APC to undermine Fayose's government - PDP
The Federal Government said, yesterday, it stopped paying Ekiti State funds from the Budget Support Facility, BSF, because the state failed to meet the requirements it set for the programme in alliance with governors of the 36 states of the federation.
THE NATION NEWSPAPER
Diezani loses $153m to government
The Federal High Court in Lagos yesterday ordered the forfeiture of $153million allegedly belonging to former Minister of Petroleum Resources Mrs Diezani Alison-Madueke to the Federal Government.
N388.3bn refund probe sets governor against Magu
Governors have joined the battle to stop Ibrahim Magu from becoming Economic and Financial Crimes Commission (EFCC) chairman.
CBN: We don't allocate forex directly to bank customers
The Central Bank of Nigeria (CBN) yesterday said it does not directly allocate foreign exchange (forex) to bank customers. Forex transactions occur between banks and their customers, the apex bank added
THE PUNCH NEWSPAPER
N522bn Paris Club refund: We're ready for probe, govs tell EFCC
State governors, under the aegis of the Nigeria Governors Forum, in the early hours of Thursday, rose from their meeting, saying they were ready for the probe being conducted by the Economic and Financial Crimes Commission on how they spent the N522bn Paris Club loan refund.
30 vehicles, 10 houses razed in Onitsha fire
A tanker fire has destroyed no fewer than 10 houses and 30 vehicles near Dennis Memorial Grammar School in Onitsha, Anambra State.
Boko Haram attacks NAF helicopter, troops kill scores
Some Boko Haram insurgents have attacked an helicopter belonging to the Nigerian Air Force, during which an airman was injured.
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