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Pulse Frontpage Read today's newspaper headlines [Tuesday, August 9, 2016]

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

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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, August 9 2016:


Tension as militants kill three soldiers in Bayelsa

The fear of a reprisal by the military has gripped the residents of Nembe Local Council of Bayelsa State following the killing of three soldiers attached to the joint force known as ‘Operation Delta Safe’ (ODS) by suspected militants.The killers were said to have also made away with military gunboats, rifles and other ammunition, after they ambushed operatives of the ODS at a checkpoint. READ MORE

Government moves to resolve contentious issues in civil service

To resolve emerging contentious issues in the civil service, the Federal Government has begun a review of the 2000 edition of the scheme of service. The decision to review the document was reached at the National Council on Establishments (NCE) meeting held in Minna, Niger State. READ MORE

Zoning tears South-West PDP apart

Efforts by the Peoples Democratic Party (PDP) in the South-West to present consensus candidates for the chairmanship and other positions in the party have suffered a major setback. At a meeting held in Akure, the Ondo State capital, the leaders disagreed on the zoning of the PDP national chairmanship position. READ MORE



Intrigues engulf contest for PDP National Chairmanship

ABUJA — The contest for the office of the national  chairman of the opposition Peoples Democratic Party, PDP, was, yesterday, enveloped in deep intrigues over the issue of zoning or otherwise of the top party post. READ MORE

Budget Padding: EFCC begins probe of Senate Appropriation Committee

ABUJA- FOLLOWING the controversy surrounding the padding of the 2016 Budget as alleged in the House of Representatives, the Economic and Financial Crimes Commission (EFCC) has beamed its searchlight on the Senate Committee on Appropriations. READ MORE

Nigeria to raise $1bn Eurobond, seeks managers, adviser

The federal  government has set machinery in motion to raise $1 billion from International Capital Market in 2016, the Debt Management Office, DMO, has disclosed.



Budget padding: Tambuwal backs Dogara, Jibrin meets police panel

There are strong indications that the Sokoto State Governor, Alhaji Aminu Tambuwal, has thrown his weight behind the embattled Speaker of the House of Representatives, Mr. Yakubu Dogara, against his accuser, a former Chairman of the House Committee on Appropriation, Abdulmumin Jibrin. READ MORE

Dollar scarcity: Petrol price hike looms, marketers say

Nigerians should prepare for another increase in the pump prices of petrol, due to the continued scarcity of foreign exchange to finance the importation of the product, oil marketers have said.

Ex-Plateau gov’s ADC, four children die in house fire

Tragedy struck on Monday in Jenta Adamu in the Jos North Local Government Area of Plateau State when a retired Assistant Superintendent of Police, Anthony Kwanmi, and three of his children were burnt to death in an early morning fire that engulfed his house. READ MORE



Probe begins as police get three versions of budget

The police yesterday retrieved three versions of the budget from ousted House of Representatives Appropriations Committee chairman Abdulmumin Jibrin as probe of his allegation of padding began. READ MORE

Buhari eulogises Tinubu at APC leader’s son’s wedding

The quality of guests belied yesterday’s low-key ceremony at the Iga Idunganran Palace of Oba Rilwan Akiolu,  the Oba of Lagos for the young couple.

Lagos/Ogun to produce PDP chair

The National Chairman of the Peoples Democratic Party (PDP) is likely to emerge from either Ogun or Lagos state.



CBN gives banks one-off forbearance on NPLs

The Central Bank of Nigeria (CBN) Monday turned down the request by banks for amendment to prudential guidelines that require them to retain in their records and to fully provide for non performance loans (NPLs) for one year before write-off.

Banana Island residents seek resolution of IPP dispute

Residents of the elite Banana Island in Lagos say their leaders have an obligation to pursue an early resolution of the dispute which has left the power plant installed in the enclave idle for over a year, while they bear the burden of rising diesel bills monthly.

Nigeria shops for managers, adviser for record $1bn Euro bond

Nigeria is in the hunt for two lead managers and a financial adviser to organise the issuance of $1 billion of Eurobonds, as it floats the first tranche of a $4.5 billion debt programme to run through 2018, BusinessDay reports.

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