24/7 Live - Subscribe to the Pulse Newsletter!

Find out what is making headlines all over the country from the covers of The Punch, Vanguard, The Guardian and more.

For today, October 18, 2016:

THE GUARDIAN NEWSPAPER

National Assembly broke, borrows to pay workers

Cash-strapped National Assembly has resorted to bank facilities to pay its staff their monthly salaries and allowances.But the facilities do not include the controversial running cost paid to lawmakers, as well as the salaries and allowances for their aides.

Itse Sagay panel re-opens Halliburton case

With the Presidential Advisory Committee Against Corruption (PACAC) yesterday presenting its report, the anti-graft campaign is set to be deepened.

Government needs $20b to revive economy, says Dangote

The Federal Government requires up to $20 billion in fresh funds to revive the economy from recession, the President, Dangote Group, Aliko Dangote, has said.

------------------------------------------------------------------------

THE VANGUARD NEWSPAPER

‘Stung’ judges back; sit over cases against DSS

Eight days after operatives of the Department of State Services, DSS, raided their homes, Justices Nnamdi Dimgba and Adeniyi Ademola, yesterday, resumed sitting at the Abuja Division of the Federal High Court.

Commercial sex workers panic over Turner-Helen HIV saga

Fear has gripped commercial sex workers in Lagos, following reports that the 67-year-old Irish national, Mr. James Turner, accused by his 31-year-old Nigerian girlfriend of deliberately infecting her with the Human Immunodeficiency Virus, HIV, was a frequent visitor to clubs.

Obanikoro detained by EFCC

Former Minister of State for Defence, Musiliu Obanikoro, arrived the country, Monday, from the United States of America, to answer the Economic and Financial Crimes Commission, EFCC’s invitation in relation to the alleged N4.75bn arms funds traced to him.
---------------------------------------------------------------------------

THE NATION NEWSPAPER

Nigeria seeks $15b upfront cash oil deal with India

Nigeria is seeking a $15billion cash raising oil deal with India in a bid to shore up its foreign reserves, Minister of State for Petroleum Ibe Kachikwu, who is in India, has negotiated the $15 billion investment with terms to be agreed.

‘Talks continue on Chibok girls’ release’

Talks to secure freedom for the rermaining Chibok girls will continue with the inveolvement of international agencies, President Muhammadu Buhari, said yesterday.

Two judges quizzed for receiving ‘bribe’

The Economic and Financial Crimes Commission yesterday started the interrogation of two judges of the Federal High Court, Mohammed Nasir Yunusa and Hyeladzira Ajiya Nganjiwa, for allegedly receiving bribe from senior lawyers, Rickey Tarfa (SAN) and Joseph Nwobike (SAN).

--------------------------------------------------------------------------

THE PUNCH NEWSPAPER

Drama as Fayose forces EFCC to release Fani-Kayode’s wife

The Economic and Financial Crimes Commission on Monday detained Mrs. Precious Fani-Kayode, who is the wife of a former Minister of Aviation, Mr. Femi Fani-Kayode, in Ado Ekiti for hours.

Death toll in Kaduna herdsmen attack hits 40

The death toll in the attack by suspected Fulani herdsmen on the natives of Godogodo town, Jema’ah Local Government Area, Kaduna State, has hit 40, on Monday.

ATM card suspension: Banks reject naira for visa payment

Thousands of United Kingdom and Canadian visa applicants and intending travellers wanting to book hotels online were stranded on Monday as Deposit Money Banks stopped their naira debit cards from being used for dollar and other foreign currency-denominated transactions.

                                                                                                  

THE BUSINESSDAY NEWSPAPER

Fitch inflicts more bad news on Nigeria, cites faulty policies

For Nigeria’s beleaguered, it appears bad news never stops coming. This time, Fitch Ratings (Fitch) has significantly reduced its growth forecast for the country, citing intractable policy challenges, poor budget implementation and a chequered foreign exchange (FX) regime as reasons.

Bubble looms as Nigerians ignore scam alert on ‘MMM’ Ponzi scheme

The desire to make money in a hard biting recession is making many Nigerians fall prey to Ponzi Schemes and other suspect social financial networks despite regulatory alerts on their activities.

Respite for cash strapped oil firms, banks as Forcados restarts

There could be a return to the better days for Nigerian oil producing companies that are neck deep in debt obligations to the banks, following confirmation that crude will start to flow in the Forcados terminals that had hitherto been disrupted by militant attacks in the Niger Delta region.

 

Do you ever witness news or have a story that should be featured on Pulse Nigeria?
Submit your stories, pictures and videos to us now via WhatsApp: +2349055172167, Social Media @pulsenigeria247: #PulseEyewitness & DM or Email: eyewitness@pulse.ng. More information here.