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Pulse Frontpage Read today's newspaper headlines [Thursday, March 17 2016]

Read today's newspaper headlines [Thursday, March 17 2016]

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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, March 17 2016:


Why private, greenfield refineries, can’t take off
Nigeria’s plan of producing over 2.2 million barrels per day (bpd), the reason for which 45 licences were issued by the Department of Petroleum Resources (DPR) between 2002 and 2014 for the establishment of private refineries in the country, may remain a pipe dream never to be realised. READ MORE

Police move against threats to Rivers rerun polls on Saturday
Ahead of Saturday’s rerun national and state legislative elections scheduled to hold in Rivers State on Saturday, the Inspector General of Police,(IGP), Solomon Arase yesterday disclosed that the police had identified all the flash points that could mar the peaceful conduct of the polls. READ MORE

How I bought houses for Badeh, by witness
A prosecution witness, Air Commodore Salisu Abdullahi yesterday, told the Federal High Court, Abuja how he assisted former Chief of Air Staff (CoAS), Air Chief Marshal Alex Badeh in purchasing landed property in various locations across the country, including Ogun River Street, Maitama, Abuja. READ MORE


How twin suicide bombers killed 22 worshipers at Borno mosque
MAIDUGURI—No fewer than 22 worshipers, including the bombers, were killed in yesterday’s early morning twin suicide bombing at Molai-Umarari village, behind the Molai Hospital, on the outskirts of Maiduguri, the Borno State capital. READ MORE

Ranking of Obas: Amosun wades into Alake, Awujale row
Abeokuta—Governor Ibikunle Amosun of Ogun State, yesterday, met with the Awujale of Ijebuland, Oba Sikiru Adetona, and the Alake of Egbaland, Oba Adedotun Gbadebo, in a bid to broker peace between the two top Yoruba traditional rulers. READ MORE

Alleged N3.9bn fraud: Badeh took N558.2m from NAF monthly – Witness
ABUJA — Erstwhile Director of Finance and Accounts at the Nigerian Air Force, NAF, Air Commodore Salisu Abdullahi, retd, yesterday, disclosed how former Chief of Defence Staff,  Air Marshal Alex Badeh (retd),  within one year, siphoned over N3.9billion from the accounts of the  Force. READ MORE


Lawmakers set to remove N37b items from budget
Lawmakers have uncovered 25 fresh errors in this year’s budget, it was learnt yesterday. The items involved are allocated about N37, 025, 238, 407. READ MORE

‘Badeh diverted N558m monthly as COAS’
The prosecution in the case involving former Chief of Air Staff (COAS), Alex Badeh opened its case yesterday with a witness, who gave details of how he aided Badeh to divert N558.2 million monthly from the Nigerian Air Force’s Personnel and Emolument Vote Account with the United Bank for Africa (UBA). READ MORE

N3.1b probe: Confusion in Jonathan’s camp
There is confusion in ex-President Goodluck Jonathan’s camp on how to refund the N3.1 billion allegedly shared by six Peoples Democratic Party (PDP) chiefs. READ MORE


Poor yields, incentives slash Nigeria’s non-oil export earnings by 59%
Nigeria’s economic diversification mantra may remain  wishful thinking, except both the Federal and State governments intervene to save the dwindling receipts from the non-oil export sector, which fell by a dismal 59 percent in 2015. The fall of the non oil export value was on account of the absence of support for exporters, poor yields… READ MORE

RMBN boss, others urge government to address key drivers of economic growth
Economic analysts have expressed optimism that the Nigerian economy would experience a rebound only when required actions are taken to address  issues in the oil industry, currency valuation and infrastructure deficit, adding that these are key drivers of the economy. The panel of analysts at the Rand Merchant Bank (RMB) Nigeria 3rd Annual Economic Breakfast,… READ MORE

New policy to strengthen insurer’s capacity for big ticket risks in oil & gas, aviation
Risk Based Supervision (RBS), a new policy that seeks to bring an end to common capital regime in the insurance industry, when implemented will strengthen industry capacity for big ticket risks especially in oil, gas and aviation, analysts have said. The expectation is hinged on the firm believe that the policy would result in industry… READ MORE

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