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Pulse Frontpage Read today's newspaper headlines [Wednesday, March 16 2016 ]

Read today's newspaper headlines [Wednesday, March 16 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 16 2016:


Oronsaye granted N10m bail
Former Head of Civil Service of the Federation, Steve Oronsaye who had pleaded not guilty at his formal arraignment yesterday before Justice Olasumbo Goodluck of the Federal Capital Territory High Court sitting in Maitama, Abuja was granted bail with N10 million. READ MORE

Fuel scarcity to linger till May as NNPC delays imports
More anguish is coming to Nigerians over the current fuel scarcity. The crisis, which has lingered for over two months, may continue till May, second quarter of this year, due to alleged inability of the Nigerian National Petroleum Corporation (NNPC) to meet the daily need of Premium Motor Spirit (PMS) in the country. READ MORE

Lagos shuts Lekki Gardens, orders occupants to evacuate
Barely 24 hours after firing top officials of its building control agency, the Lagos State government yesterday ordered the closure of Lekki Gardens over the collapse of one of its buildings, that killed 34 people. READ MORE


JAMB accuses tutorial proprietors of sponsoring protests
SCORES of Joint Admissions Matriculation Board, JAMB, candidates and members of Association of Tutorial School Owners of Nigeria, yesterday, protested against what they described as the poor conduct and outcome of the recent examination conducted by the board. READ MORE

Inflation rate hits double digit, worst in 3yrs
LAGOS — Inflationary pressure in Nigeria’s economy has hit a double digit, upstaging major monetary policies of the Central Bank of Nigeria, CBN. READ MORE

Electricity, corruption crippling Nigerian firms
ABUJA—The World Bank has identified power, corruption and access to finance as the bane of the private sector in Nigeria. READ MORE


Police rescue three stolen Bauchi girls
Operatives of the Nigeria Police Force have rescued three teenage girls, who were abducted in Bauchi State and forcefully converted to Islam. READ MORE

Candidates, parents protest, demand cancellation of 2016 UTME
Hundreds of admission seekers to the nation’s tertiary institutions and their parents on Tuesday stormed the Lagos State Governor’s Office in Alausa, Ikeja, and the state Assembly complex to protest against alleged manipulation of the 2016 Unified Tertiary Matriculation Examination. READ MORE

Power distribution firms reject supply from generating plants
The rejection of load allocations from power generating plants by some electricity distribution companies is one of the factors preventing the country from fully benefitting from the 6,500 megawatts generation capacity of the existing power plants. READ MORE


Size matters as big bank buffers blunt bad loans surge
If you are a Nigerian bank, then it pays to be big. As more Full Year(FY) 2015 results of deposit money banks are being released, analysts say the large tier one banks will be in a better position to navigate the growing problem of bad loans. This is as the Nigerian economy grew at the… READ MORE

Nigerian February inflation soars to 3-Yr high of 11.4%
Nigeria’s inflation rate rose above 10 percent in February for the first time since December 2012 as food costs soared increasing the pressure points on the already tapped out Nigerian consumer. Inflation accelerated from 9.6 percent in January, the National Bureau of Statistics (NBS) said in a report published on Tuesday. Food prices gained 11.4… READ MORE

Concerns over JAMB’s 2016 CBT exams
The Joint Admissions and Matriculation Board’s (JAMB) 2016 Computer Based Test (CBT) continues to generate complaints and unanswered questions from candidates and industry watchers who list infrastructure deficit, slow internet connection, the alleged addition of 40 extra ‘bonus’ marks, power outages during the examination and the distance candidates had to travel to their centres, as… READ MORE

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