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Pulse Frontpage Read today's newspaper headlines [Monday, December 19, 2016]

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

  • Published:

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

For today, December 19 2016:


New ‘revolutionary’ cancer vaccine underway

The University of Helsinki, Finland, may have developed a vaccine that can prevent and possibly cure cancer without any other form of treatment, including chemotherapy.

Weak estimates threaten proposed 2017 budget

As is the case with Nigeria’s income and expenditure plans in the past 18 years, hopes of economic recovery through President Muhammadu Buhari’s N7.3 trillion budget for 2017 may be a pipe dream after all.

Passengers groan as airlines cancel flights over fuel scarcity

Air passengers were yesterday stranded at airports across the country as domestic airlines ran short of aviation fuel to carry out scheduled flight operations.



Stock market rebounds as investors net N468bn in 3 weeks

INVESTORS  on the Nigerian Stock Exchange, NSE, have gained N468 billion in three weeks, as the positive run in the stock market continued last week.

MMM: Nigerians are not greedy, merely desperate

THE   Mavrodi, Melnikova,  Mavrodi  (MMM)  international scam   known in Nigeria as the  Mavrodi Mondial Moneybox,  has from all intents and purposes, collapsed in Nigeria. It took along, the savings and hopes of  about three million Nigerians.

Rivers govt, people won’t submit to Police probe panel —WIKE

Rivers State governor, Mr Nyesom Wike, has said that the government and people of the state will not be party to the Police probe panel, adding that the Police cannot kill Rivers people in cold blood and turn around to investigate same.



Qatar National Bank raises stake in Ecobank

Qatar National Bank (QNB) has increased its stake in Ecobank Transna-tional Incorporated (ETI) by more than 60 per cent in the past two years.

FRSC enforces tanker drivers’ ban from night journeys

The Federal Road Safety Commission (FRSC) yesterday reiterated its ban on petroleum tanker drivers from night journeys today.

Buhari shuns lobbyists in battle for Magu’s job

Governors have joined the desperate lobby to nominate the chairman of the Economic and Financial Crimes Commission (EFCC).



Saraki, Sheriff hold secret talks

The Senate President, Dr. Bukola Saraki, has held a private meeting with a factional chairman of the Peoples Democratic Party, Ali Modu-Sheriff.

Budget padding: Indicted ministry officials posted to cash office

Some officials of the Budget Office, who were indicted and sanctioned for their roles in the padding of the 2016 budget, have surreptitiously found their ways back to the newly created cash office of the Ministry of Finance, The PUNCH has learnt.

Corruption: Buhari orders AGF to probe SGF, others

Following the allegation of corruption levelled against Mr. Babachir Lawal, the Secretary to the Government of the Federation, President Muhammadu Buhari, on Sunday, directed the Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN), to probe all top government officials accused of corruption.



Rising inflation: Institutional Investors push for higher yields

Rising inflation in Nigeria is making institutional investors demand higher yields (returns) on treasury bills and bonds on offer from the Central Bank of Nigeria (CBN) and the Debt Management Office (DMO).

Budget 2017’s N4.9trn revenue projection leaves experts puzzled

Experts are at a loss as to how Nigeria will achieve its 2017 revenue projection of N4.9 trillion, which is 28.9 percent higher in naira terms, than the N3.8 trillion estimate in 2016.

Dollar squeeze: Imports down 76% at Christmas

A few days to the Christmas and New Year celebrations, importation of items such as Sports Utility Vehicles, jewels, industrial supplies, food and non-African fabrics, which typically characterise the season, has reduced drastically.

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