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Read today's newspaper headlines [Friday, March 4, 2016]

Read today's newspaper headlines [Friday, March 4, 2016]

Pulse Frontpage

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

For today, March 4 2016:

VANGUARD NEWSPAPER

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Ese: Guilty officers’ll be flushed outKANO — Following the directive by the Inspector General of Police that the roles of police detectives and other senior officers involved in the abduction drama of Ese be investigated, the Police Service Commission, PSC, the body tasked with responsibility of punishing officers for offences, has said it will sanction those found wanting in the matter. READ MORE

Lagos schoolgirls’ abduction: Negotiation over ransom ongoingLAGOS—Tension is still mounting at Babington Macaulay Junior Seminary, Ikorodu, Lagos, following the delay in the release of the three Senior Secondary School girls abducted by gunmen Tuesday night. READ MORE

MAYHEM IN KETU: Gov slams curfew, shuts marketLagos—Five persons were yesterday reportedly killed and several others injured during an ethnic crisis which broke at Mile 12 market, along Ikorodu expressway , Lagos, between Hausa and Yoruba traders. READ MORE______________________________________________

THE NATION NEWSPAPER

10 die in Lagos clashLagos State Governor Akinwunmi Ambode yesterday shut the popular Mile 12 market where a clash left no fewer than 10 people dead. READ MORE

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National Assembly to Buhari: drop N500b intervention fund from Budget 2016The National Assembly yesterday raised concern about the implementation of the N500 billion special intervention fund, a cardinal programme of the Buhari administration. READ MORE

Kidnappers of Lagos schoolgirls reduce ransomIndications emerged yesterday that the kidnappers of three schoolgirls of Babington Macaulay Junior Seminary (BMJS), Ikorodu, Lagos might have reduced the ransom amount. Timilehin Olusa, Tofunmi Popoolaniyan and Deborah Akinayo were kidnapped from the classrooms on Monday night. READ MORE______________________________________________

BUSINESS DAY NEWSPAPER

MTN plans listing on NSE, sets aside $600m for Nigeria fineSouth Africa’s MTN Group may list its Nigerian unit on the stock exchange in Lagos once it has resolved a disputed $3.9 billion fine with authorities, its executive chairman said on Thursday. MTN also reported Full Year 2015 results that showed revenues were up a mere 0.1 percent to R146.3 billion ($9.3 billion) and said… READ MORE

WAPIC Board names Adekoya, Ogunleye CEOs of insurance businessesThe Board of Directors of Wapic Insurance Plc “WAPIC” said Thursday that the National Insurance Commission (NAICOM) has approved the appointment of Adeyinka Adekoya as the Managing Director/Chief Executive Officer of Wapic Insurance Plc and Rantimi Ogunleye as the managing director of Wapic Life Assurance Limited . Commenting on the appointments, Aigboje Aig-Imoukhuede, chairman, Board… READ MORE

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Hotel boom slows down with over 15 abandoned star-rated projectsThe boom in the Nigerian hotel market is slowing, as investors now find it difficult sourcing funds to complete ongoing projects across the country. Expanding hotel businesses became more difficult due to widening margins in Nigeria’s forex market, evidenced in the parallel segment where one dollar exchanges for well above N300. Investors  are also confronted… READ MORE

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