Read today's newspaper headlines [Tuesday, February 6, 2018]

THE GUARDIAN NEWSPAPER

Benue government loses confidence in FG over killer herdsmen

The Benue State government yesterday declared it had lost confidence in the ability of the country’s security agencies to bring to justice herdsmen accused of killings in the state.

EFCC recovered N473.1 billion, $98.2 million in 2017, says Magu

The acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu has disclosed that his outfit recovered the sum of N473,065, 195,977.50 in 2017.

FG earmarks N45 billion to rebuild liberated communities in North East

The Federal Government has earmarked N45 billion for the rebuilding of destroyed liberated communities in the Northeast.

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VANGUARD NEWSPAPER

Herdsmen attack, sack Gov Ortom’s farmhouse

Suspected herdsmen, yesterday, attacked Waku village and a part of Gbajimba town, all in Guma Local Government Area of Benue State, killing two persons, and destroying Governor Samuel Ortom’s farm house in fresh attacks in the area.

Zinox acquires Konga in shock deal

The Zinox Group, yesterday, annouced that it has concluded the acquisition of e-commerce powerhouse, Konga, after a month-long negotiation with major investors, Naspers and AB Kinnevik.

2019: PDP NWC, Govs; says Presidency open to all

The Peoples Democratic Party (PDP) has declared that none of its established organs is permitted to align with any particular presidential aspirant ahead of the 2019 general elections, saying its platform is open to all Nigerians to aspire to various elective offices in the land.

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THE PUNCH NEWSPAPER

Metuh in court on a stretcher, judge adjourns trial till March 14

A former National Publicity Secretary of the Peoples Democratic Party, Chief Olisa Metuh, on Monday, appeared on a stretcher before the Federal High Court in Abuja for his ongoing trial in respect of the N400m which he allegedly received fraudulently from the Office of the National Security Adviser in 2014.

EFCC recovered N473bn, $98.2m, £294,851, others in 2017 –Magu

The Economic and Financial Crimes Commission recovered stolen funds totalling N473.065bn in 2017, the Acting Chairman of the commission, Mr. Ibrahim Magu, told the House of Representatives on Monday in Abuja.

Govs, NWC ask PDP senators, Reps to initiate restructuring bills

The National Working Committee of the Peoples Democratic Party and governors elected on the party’s platform have called on senators and House of Representatives members elected on the platform of the PDP to initiate a bill on restructuring.

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THISDAY NEWSPAPER

IG Declares Afegbua, Babangida’s Spokesman Wanted

The police high command officially confirmed on Tuesday night that it has declared wanted Kassim Afegbua, spokesman of the former military President, General Ibrahim Babangida (rtd).

Nigeria Pays US Govt $496m for Acquisition of 12 Tucano Fighter Jets

The Nigerian government has paid the United States government $496 million for the acquisition of 12 Super Tucano fighter jets to be used by the Nigerian Air Force in the ongoing military operations against the Boko Haram insurgency in the North-east.

Egmont: Senate, House Disagree on NFIA as Threat of Nigeria’s Expulsion Looms

Despite the looming threat of Nigeria’s expulsion from the Egmont Group, a 152-nation network of national financial intelligence units, the Senate and House Committees on Anti-Corruption have been at loggerheads over the domiciliation of the Nigerian Financial Intelligence Unit (NFIU).

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BUSINESSDAY NEWSPAPER

Nigeria’s petrol price peg distorts West African markets

Nigeria is not only the biggest country in Africa; it is also the continent’s most foolishly generous. With 20 million litres smuggled out of the country daily, Nigeria’s subsidised petrol is a favourite commodity on West Africa’s black markets.

Access, UBA have highest upside potential on improved macro conditions – Rencap

Nigeria banking sector is on the path to recovery with an improving asset quality outlook after Africa’s largest economy emerged from recession, according to a report by investment banking firm, Renaissance Capital (RenCap).

Early Konga investors’ confidence shaken by 2015 naira crisis

Experts have hinged the survival struggle of Konga on the economic downturn faced in Nigeria in 2015 which shook its initial investors’ confidence and subsequently led to drastic devaluation of the company’s worth.