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

For today, September 8 2016:


Panic in aviation sector over economic recession

Thousands of workers in the nation’s aviation sector may soon lose their jobs, as airlines’ operators groan under the weight of economic challenges.In the line of fire are over 400 pilots including expatriates, 1,200 crewmembers and more than 1,000 travel agents.

‘Michael Ibru’s humility belied his great deeds, wisdom, managerial acumen’

More tributes poured in yesterday for the patriarch of the Ibru dynasty, Olorogun Michael Ibru, with eminent Nigerians describing his death as a huge loss both to the nation and to the African continent.In a statement by his Special Adviser on Media and Publicity, Yusuph Olaniyonu, Senate President Bukola Saraki said: “Olorogun Ibru, as he was fondly called, was a pioneer of great repute who contributed immensely to entrenching private entrepreneurship and business development in Nigeria. He started small, grew great and became an undisputed reference point in the nation’s business firmament and beyond.

Police, DSS want INEC to postpone Edo election

Warning of unfavourable intelligence reports, the Nigeria Police and Department of State Services (DSS) yesterday urged the Independent National Electoral Commission (INEC) to postpone the Edo State governorship election slated for Saturday. READ MORE


Council of State approves Idris as IGP

ABUJA—Council of State, yesterday, approved the appointment of Acting Inspector General of Police, IGP, Ibrahim Idris, as substantive police chief. READ MORE

80% Nigerian women, girls in Italy sex trafficking victims — VATICAN

About 80 percent of Nigerian women and girls, who arrive Italy, are sex trafficking victims, according to Vatican news agency, Agenzia Fides.

MTN to float bond to pay N330 bn fine

MTN Group Limited, yesterday, disclosed plans to raise dollar denominated bond that would help it to pay for dividends, capital expenditure and the N330 billion ($1 billion) fine levy imposed to it by the Nigeria Communication, NCC.


INEC keeps parties, others in suspense over Edo poll

Independent National Electoral Commission (INEC) chair Prof. Mahmoud Yakubu yesterday convened a stakeholders’ meeting in Benin, the Edo State capital, after receiving the security advice that Saturday’s governorship election should be shifted.

Council of State okays Buhari’s recession plans

President Muhammadu Buhari’s measures to take the country out of recession have received the support of the Council of State.

Five feared killed as Hausa, Fulani clash

No fewer than five persons were yesterday feared killed and many others injured as some Hausa and Fulani men clash in Lagos. READ MORE


Chibok girls’ protests constitute a security threat –IG

The Inspector-General of Police, Ibrahim Idris, has said that the protests by the #BringBackOurGirlscoalition constitute a security threat to public peace and order. READ MORE

Boko Haram factions in bloody clash in Borno

Two factions of the Boko Haram sect in Monguno area of Borno State engaged in a bloody fight over leadership tussle, sources told the AFP on Thursday.

N330bn fine forces MTN to sell bonds

MTN Group Limited is currently seeking fresh funds through the sale of bonds to offset a N330bn ($1bn) Nigerian fine, pay dividends and address capital expenditure.


FG set to clear backlog of power contractor debts

Nigeria is set to clear a backlog of debt owed to power contractors from the previous administration which had led to the abandonment of over 900 containers of transmission equipment at the ports.

Analysts welcome CBN plan to withdraw as lender of last resort in payment system

The Central Bank of Nigeria (CBN)’s intention to cease its implicit role as lender of last resort to the payments system, and the adoption of “survivor pays” collateral management system, has been greeted with applauds from analysts.

Nigeria’s leading banks set to shine at BusinessDay Banking Awards tomorrow

Nigeria’s financial sector stakeholders will converge in Lagos tomorrow to witness the unveiling of the winners in this year’s BusinessDay Annual Banking Awards. The much awaited announcement will be made by the Award Committee at the Eko Hotels and Suites, Victoria Island, Lagos.