Read today's newspaper headlines [Monday, April 18 2016]
Read today's newspaper headlines [Monday, April 18 2016]
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For today, April 18 2016:
THE GUARDIAN NEWSPAPER
Why fuel scarcity lingers, by major oil marketersDespite efforts by the Nigerian National Petroleum Corporation (NNPC) and the independent marketers to ensure the availability of petrol, Nigerians have continued to experience the scarcity of the product. READ MORE
‘Gains, pitfalls of Nigeria’s currency swap deal with China’Divided stakeholders say policy may ease business, stifle local firms. For diverse stakeholders in the economy, the Federal Government’s recent currency swap deal with China holds both bright prospects and grave implications for Nigeria even as the naira inched up against the dollar at the weekend at the parallel market. READ MORE
Government must find Chibok girls, Ezekwesili insistsAs the nation continues with the search for the abducted Chibok girls, former Minister of Education, Mrs. Oby Ezekwesili, has warned of the consequences of not finding and reuniting the girls with their families. READ MORE________________________________________
VANGUARD NEWSPAPER
Buhari’s critics should have their heads examined —OyegunBENIN—NATIONAL Chairman of All Progressives Congress, APC, Chief John Odigie-Oyegun, weekend, defended President Muhammadu Buhari’s foreign trips, saying that people like Governor Ayo Fayose of Ekiti State and other critics of the president over his foreign trips need their heads examined. READ MORE
8 arrested over Enugu slave warNSUKKA—Enugu State Police Command, yesterday, arrested about eight persons over the ongoing violence at Alor Uno in Nsukka Local Government Area of the state, following supremacy battle over alleged slavery. READ MORE
Nigeria requires $284m for immunisation goalABUJA—The Executive Director, National Primary Health Care Development Agency, Dr. Ado Muhammed. has said Nigeria required about $284 million to achieve the target goal in immunisation. READ MORE________________________________________
THE PUNCH NEWSPAPER
Poor power supply may continue till MayThe lingering epileptic power supply in the country may continue as major repairs on the vandalised Forcados terminal will not be completed until May. READ MORE
Benue farmers sue Fulani herdsmen for N100bnA Makurdi High Court Judge, Justice Morris Ikpambese, has granted a motion ex parte brought by the people of Tyoshin community in the Gwer-West Local Government Area of Benue State claiming N100bn from six Fulani herdsmen for destroying their farms. READ MORE
Ecuador earthquake kills 238, injures 1,500At least 238 people have been confirmed dead, with hundreds more injured after a 7.8-magnitude quake rocked the central coast of Ecuador, Sky News reports. READ MORE________________________________________
BUSINESS DAY NEWSPAPER
Emefiele upbeat about less pressure on naira with currency swap with ChinaNigeria’s Central Bank governor, Godwin Emefiele said on Sunday that he is optimist the naira which has faced intense pressure in recent times as well as the depleting foreign reserves will shore up with the recently record currency signed between the government and China. Emefiele explained that the deal is two fold; it will afford… READ MORE
Nigeria looks to tax as oil revenues shrinkAfter decades of being awash in petrodollars, the Nigerian state has been forced by tumbling oil prices to turn to a new source of cash: the taxman. When crude oil sale held sway as the main source of state revenue, tax enforcement was lax and people showed little interest in what those in power did… READ MORE
Nigeria, China currency swap won’t fix FX demand backlogLast week’s signing of a Yuan swap agreement between Nigeria’s Central Bank (CBN) and the Industrial and Commercial Bank of China (ICBC) – the world’s biggest lender, may not ease the current backlog of unmet dollar demand and attendant pressure on the naira. This is because of the structural problems in the foreign exchange market,… READ MORE
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