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Pulse Frontpage Read today's newspaper headlines [Friday, January 15, 2016]

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

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Pulse brings you front page stories from Nigeria’s leading newspapers on a day-to-day basis.

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

For today, Friday, January 15, 2016:


Buhari's aide gave us fake 2016 budget - SENATE

Rumblings over whereabouts of the 2016 Budget proposal of the Federal Government in the Senate came to a climax yesterday as the Senate accused the Senior Special Assistant to the President (Senate), Senator Ita Enang of doctoring and circulating fake copies of the budget proposals.

Court orders arrest of Tompolo

A Federal High Court sitting in Lagos , yesterday, ordered the arrest of a former Niger Delta militant leader, Government Ekpemupolo (a.k.a Tompolo). Trial judge, Justice Ibrahim Buba issued a bench warrant for Tompolo's arrest after he failed to appear in court to face the criminal charges filed against him and others by the Economic and Financial Crimes Commission, EFCC. READ MORE:

Medical doctor dies of Lassa fever in Rivers

A Medical Doctor with Rivers State - owned Braithwaith Memorial Special Hospital, BMH, Dr. Livy Ijamala, has died from Lassa Fever bringing to three the number of people killed in the state. Chairman of the state branch of Nigerian Medical Association, NMA, Dr. Furo Green, disclosed this yesterday in Port Harcourt, saying the late Doctor Ijamala who died in early hours of yesterday from the ailment, had contact with patients infected with Lassa fever.




Budget controversy deepens

The Senate on Thursday accused the executive of smuggling copies of a doctored version of the 2016 Appropriation Bill into the upper chamber of the National Assembly. The Senate stated this while discussing the report ofits committee on Ethics,Privileges and Public Petitions, which it set up to investigate the alleged disappearance of the budget.

Senate summons CBN gov over naira fall

The Senate on Thursday summoned the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele,to appear before it next week Tuesday to explain the alarming weakening of the nation's currency against the United State Dollar. READ MORE:

Bank customers shun cash deposits into domiciliary accounts

Bank customers are shying away from making cash deposits into their domiciliary accounts three days after the Central Bank of Nigeria lifted the ban on foreign currency deposits, our correspondent has learnt. The CBN had Monday said holders of ordinary domiciliary accounts were allowed to deposit foreign currencies into their accounts, a move that ended a six-month embargo on the banks from receiving cash deposits from the customers.





Senate accuses presidency of floating fake budget

WITH an allegation by the Senate that the Presidency circulated fake copies of the 2016 budget, the controversy over the “missing” fiscal plan took a turn for the worse yesterday. According to the Senate, the fake copies, which were brought by the Senior Special Assistant to the President on National Assembly Matters (Senate), Solomon Ita Enang, were completely different from the copy of the N6.08 trillion 2016 budget proposal presented by President Muhammadu Buhari to a joint session of the National Assembly on December 22, 2015.

Court orders Tompolo's arrest over alleged N13b fraud

The development came as the Economic and Financial Crimes Commission (EFCC) claimed to have a valid court order to detain the National Publicity Secretary of the Peoples Democratic Party (PDP), Olisa Metuh, over an alleged N400 million fraud and other corruption-related crimes. READ MORE:

Patients flee as doctor of Lassa fever victims dies

A MEDICAL doctor in Rivers State has been confirmed dead after being diagnosed of Lassa fever in the state’s apex hospital, the Brewaithe Memorial Specialist Hospital (BMH), Port Harcourt. The situation caused panic within the hospital as some patients were seen fleeing the facility with their belongings. Investigations revealed that the doctor, whose name was undisclosed as at press time, was one of the health officers that attended to the victims.



Metuh transferred N21m to Anenih, EFCC alleges

The Economic and Financial Crimes Commission (EFCC) has said that a former Chairman, Board of Trustees (BOT) of the Peoples Democratic Party (PDP), Anthony Anenih, benefited from the N400million allegedly received by the party’s spokesman, Olisa Metuh. EFCC accused Metuh of receiving the N400m from “an unlawful activity” of the immediate past National Security Adviser (NSA), Mohammed Sambo Dasuki.

Buhari: Senate's claim on Budget 2016 is laughable

The fate of this year’s budget was yesterday hanging in the balance, with Senate President Bukola Saraki accusing Presidential Liasson Officer Ita Enang of printing a different version of the document presented by President Muhammadu Buhari on December 22. He said the Senate will not consider the budget until the version presented by the President is made available to senators.

Osinbajo Soludo disagree on Budget 2016

Vice President Yemi Osinbajo and former Central Bank of Nigeria (CBN) Governor Chukwuma Soludo disagreed yesterday on the efficacy of Budget 2016 to tackle the economic challenges facing the country.


Business Day

Nigeria's new car market drops by 67% in 2015

The combined effect of 70 percent tax on fully built cars (FBUs) comprising a 35 percent duty element and 35 percent levy, unfavourable exchange rate of the naira to the dollar and volatility in global oil prices which have adversely resulted to serious economic slowdown in Nigeria, adversely affecting the country’s big spenders on new vehicles, Business Day learnt.

NSE targets derivatives market in 2016 growth plan

Nigerian Stock Exchange (NSE) is looking to prioritise three initiatives in 2016, which include establishment of a Derivatives Market; Demutualisation – listing own shares on the Exchange, and monetising market services.

Indigenous investors set to pool N7.6bn tourism investment in Ife

La Campagne Tropicana, an indigenous resort development company based in Lagos, is collaborating with other investors as it veers into the tourism and hospitality sector, in line with government’s determination to diversify the economy.


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