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Pulse Frontpage Read today's newspaper headlines [Tuesday, September 6, 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, September 6 2016:


Cash-strapped banks borrow N4.1 trillion in three months

Cash-Strapped Nigerian banks borrowed N4.1 trillion from the Central Bank of Nigeria (CBN) in three months, the peak of which was June, when the flexible foreign exchange policy was introduced.

One year after, no final report on Bristow crash

A year after the crash of a Bristow helicopter on August 12, 2015, the nation still awaits the final report on the accident.

Four soldiers drown as crackdown on agitators begins

Four soldiers lost their lives yesterday when their boat capsized in Bayelsa State as the military began its Operation Crocodile Smile to crack down on agitators in the Niger Delta. READ MORE



CBN to sanction banks over Power Fund

Deposit Money Banks (DMBs) found to be frustrating the electricity power intervention by the Central Bank of Nigeria (CBN) under the Nigeria Electricity

No plans to increase fuel price – FG
ABUJA—The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, and Group Managing Director of Nigerian National Petroleum Corporation, NNPC, Maikanti Baru, said, yesterday, there was no plan by the Federal Government to hike the price of Premium Motor Spirit, PMS, otherwise known as petrol. READ MORE

Herdsmen Attack: CAN wants S-East govs to act

Owerri—The Christian Association of Nigeria, CAN, Southeast, has called on the five governors from the zone, to take more pragmatic steps in ensuring that the reported killings by herdsmen, come to an end.



Govt: no fuel price hike

The Federal Government has no plan to increase fuel price, despite the dwindling fortune of the naira, two officials said yesterday. READ MORE

Protests over Ondo APC governorship election primary

All Progressives Congress (APC) Ondo Central Senatorial District Chairman Adegboyega Adedipe yesterday resigned his position in protest against the handling of the party’s governorship primary election.

IDPs return home to Konduga two years after

Internally Displaced Persons (IDPs) from Konduga Local Government of Borno State have returned home after about three years of residing in refugee camps in Maiduguri.



Four Operation Crocodile Smile soldiers drown in Bayelsa

The military operation against militants, codenamed ‘Operation Crocodile Smile,’ on Monday suffered a setback as four soldiers drowned following a boat accident in Bayelsa State.

Oil workers’ kidnappers demand N100m ransom

KIDNAPPERS of 14 oil workers in Rivers State have demanded N100m for the release of their victims.

B’Haram: Wanted journalist, Salkida, arrested at Abuja airport

The Department of State Services has arrested Ahmed Salkida, a journalist, who was declared wanted by the Nigerian Army last month. READ MORE



Nigeria yield curve abnormal as short rates soar

Nigeria's yield curve has inverted as short term rates soar on tighter liquidity and this may be a signal of slowing future growth expectations.

Nigeria on course to incremental power supply, Fashola says

Babatunde Fashola, Nigeria's Power Minister, says commitment to incremental power supply in the country of 180 million people is unwavering, as available capacity of hydro and gas power stations grew by 405 Megawatts (MW) in September 2016 to 2,885 MW from 2,480 MW exactly a year ago.

CBN goes hard on banks over electricity market stabilisation fund

Local lenders currently participating in the Central Bank of Nigeria's Electricity Market Stabilisation Facility (CBN-NEMSF) have received some strict compliance rules and possible sanctions that would follow any breach.

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