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Pulse Frontpage Read today's newspaper headlines [Monday, November 14, 2016]

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

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

For today, November 14 2016:


FG to scrap NNPC, DPR, PPPRA, others; to sell unprofitable refineries

The Federal Government’s draft National Oil Policy has proposed to consolidate Nigeria’s oil industry regulatory authorities into a single agency to be known as Petroleum Regulatory Commission, PRC, while scrapping all other regulators, including the Nigerian National Petroleum Corporation, NNPC, Department of Petroleum Resources, DPR, and Petroleum Products Pricing Regulatory Agency, PPPRA, among others.

DSS raids on BDCs: Analysts predict increased volatility, fragmentation in parallel market

Experts have predicted that the recent raids on bureaux de change (BDCs) by operatives of the Department of State Security (DSS) will lead to increased volatility of exchange rate and further fragmentation of the parallel market.

No punishment is too much for corrupt judges – Sagay

PROFESSOR Itse Sagay, SAN, is the chairman of Presidential Advisory Committee against Corruption. In this interview, he justifies the raid by the Department of State Services, DSS, on the home of some judges. He also accused the National Judicial Council, NJC, for being ineffective in combating graft in the judiciary and opposed calls by some critics that the Minister of Transport, Mr Rotimi Amaechi, should step down following allegations against him by two of the affected justices.



11 died, seven missing in Egun, Yoruba clash – Residents

No fewer than seven residents of Otodo Gbame, an Egun community in the Lekki Phase 1 area of Lagos State, are missing after a clash between the residents and some Yoruba youths, alleged to be land grabbers.

Senate’ll resolve Buhari’s $30bn loan request this week – Ndume

Strong indications have emerged that the leadership of the Senate and the Presidency have reached a deal on the 2017-2019 Medium Term Expenditure Framework and Fiscal Strategy Paper earlier rejected by the upper chamber of the National Assembly.

It’ll be disastrous for leaders to kill PDP – BoT chair

The Chairman, Board of Trustees of the Peoples Democratic Party, Senator Walid Jibrin, said on Sunday that changing the name of the party would be a disaster for the country’s political development.



FG to Refund Each State N20bn for Federal Projects

The Speaker of the House of Representatives, Hon. Yakubu Dogara, has disclosed that the federal government will refund about N20 billion to each state for funds they had spent on federal projects in their states.

Fayose: Buhari Won’t Appoint Onnoghen as Substantive CJN

Ekiti State Governor, Mr. Ayodele Fayose, has expressed reservations over the non-appointment of Justice Walter Nkanu Onnoghen as the substantive Chief Justice of Nigeria (CJN), claiming that his appointment in an acting capacity was “a grand plot to deprive him of his well-deserved appointment as CJN because he is from the South-south region”.

Tinubu Faces Dilemma over Ondo Governorship Poll

Following the selection of Mr. Rotimi Akeredolu (SAN) as the candidate of the All Progressives Congress (APC) in the November 26 governorship election in Ondo State, former Lagos State governor and National Leader of the ruling APC, Chief Bola Tinubu, is faced with a dilemma over who to support.



Aso Rock Chaplain rejects demons in Presidential Villa

Aso Rock Chaplain, Pastor Oluseyi Malomo, has described as a slap on Christians, news making the round that the Presidential Villa, in Abuja is infested with demons.

Tougher times ahead for Nigerians

Funding of the 2016 budget may suffer a further setback, as the country, recorded yet another sharp drop in its oil and gas export from $212.25 million in July to $180.93 million in August, representing 17 percent drops in proceeds.

David-West to Soyinka: Destroy your Green Card if you can

Former Minister of Petroleum and Energy, Prof Tam David-West, has told Nobel Laureate, Prof. Wole Soyinka, to destroy his United States Green Card based on his threat to do so if the Republican candidate, Donald Trump, won the November 8, 2016 presidential election.



Foreign buyers want Nigerian cashew as drought hits Vietnam

Foreign buyers are requesting to buy cashew nuts from Nigerian farmers as Vietnam, the world's largest exporter of the produce, suffers its worst drought in a century.

Investor confidence dealt another blow by CBN

The most recent policy moves by the Central Bank of Nigeria (CBN) are seen to be getting even more confusing and complicated, with the apex bank deploying shocking and seemingly desperate measures in its bid to forcefully ‘peg’ the exchange rate of the Naira to the US Dollar.

NNPC will cease to exist in two years

The Nigerian National Petroleum Corporation  (NNPC) will cease to exist in about two years time, as a result of sweeping reforms contained the draft National Oil Policy which has been presented to stakeholders for their input. This is however subject to the approval of the National Assembly.

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