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Pulse Frontpage Read today's newspaper headlines [Friday, August 5, 2016]

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

  • Published:

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

For today, August 9 2016:


Split in Boko Haram terror group as Shekau reappears

A crack may have occurred in the leadership of the Boko Haram terrorist group with the reappearance yesterday of its erstwhile leader, Abubakar Shekau who insisted that he was “still around.”

Saudi Arabia’s oil price cut threatens Nigeria’s N820b revenue target

The expected oil-related N820 billion revenue to finance the 2016 budget is being threatened by the recent reduction of prices for Arab light by the world’s highest producer of crude oil, Saudi Arabia.

Buhari raises governing council, trustees’ board for Ogoni cleanup

Another practical step towards the cleanup of Ogoniland was taken yesterday by the Federal Government when it inaugurated the governing council and Board of Trustees (BoT) for the hydrocarbon pollution remediation project.



US warns citizens against travelling to 20 Nigerian states

ABUJA — The United States of America has warned its citizens against travelling to 20 states in Nigeria due to  security concerns. READ MORE

Transcorp suspends N320bn power plan on gas scarcity

LAGOS — Transnational Corporation  of Nigeria, Transcorp Plc has suspended plans to build one of the nation’s biggest power plants as  local gas shortage makes it difficult to obtain fuel and a downturn  in the economy hinders efforts to raise funds for the project.

How Niger Delta Avengers, others acquire detonators, explosives

ABUJA—The National Security Adviser, Major General Babagana Monguno (retd), Thursday, disclosed that explosives experts dispatched to conduct investigations into the incessant bombing of oil facilities in Niger Delta, have uncovered the diversion of about 9,000kg of high explosives and 16,420 pieces of detonators for illegal use.



250 Reps want Dogara to step down, says Jibrin

A former Chairman of the House of Representatives Committee on Appropriation, Mr. Abdulmumin Jibrin, says at least 250 out of the 360 members of the House have signed a petition calling for the probe and removal of the Speaker, Yakubu Dogara. READ MORE

Kate Henshaw, family clash over sick baby’s treatment

Popular Nollywood actress, Kate Henshaw, says she regrets taking up a case involving a sex worker, identified as Mary, who allegedly abandoned her child, Michael, at the Lagos University Teaching Hospital, Idi-Araba.

Buhari’s wife accepts Fayose’s challenge, visits US

Wife of the President, Mrs. Aisha Buhari, on Thursday travelled to the United States where she was scheduled to be the special guest at the 25th Anniversary of Zumunta Association. READ MORE



We will restore Ogoni ecosystem, says Buhari

One-time Lagos State Commissioner for Finance Mr Wale Edun was yesterday in Abuja inaugurated as Chairman of the Board of Trustees (BoT) of the Ogoni Trust Fund.

Govt shuts firm supplying militants with explosives

The Federal Government has uncovered a firm which supplies militants the explosives with which they have been bombing oil installations in the Niger Delta.

CBN resumes dollar sales to BDCs today

The Central Bank of Nigeria (CBN) will today resume dollar sales to Bureaux De Change (BDCs) seven months after it stopped the practice.



Discretionary award of oil blocs ridicules FG's reform claim

Stakeholders in the oil and gas sector say that unless the discretionary powers given the president of Nigeria to award oil acreages in the petroleum laws are reversed, the purported reforms in the oil and gas sector will amount to a charge.

AMCON on sound footing as CIR dips 95%

The Asset Management Corporation of Nigeria (AMCON) is considered to be on a sound financial footing, as cost to income ratio (CIR) for the financial year ended December 2015 reduced by 95.3 percent, from 618% 2014 to 29% last year.

Transcorp delays $1bn power project over gas shortage

Transnational Corp. of Nigeria Plc suspended plans to build on of the nation's biggest power plants as a local gas shortage makes it difficult to obtain fuel and a downturn in Africa's largest economy hinders efforts to raise funds for the project, Bloomberg reports.

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