Punch
EFCC hunts banks, developers for N100bn housing loan scam
The Economic and Financial Crimes Commission has focused its attention on developers and primary mortgage banks that obtained housing loans to the tune of N100bn from the Federal Mortgage Bank of Nigeria, but misappropriated the funds.
Vanguard
CBN orders banks to sell 60% forex to manufacturers
The Central Bank of Nigeria, CBN, yesterday, ordered Authorised Dealers (banks)…
Thisday
Senators Reject Buhari’s Emergency Powers Bill, Say It’ll Turn Him into a Tyrant
The move by President Muhammadu Buhari to secure emergency powers aimed at addressing the nation’s economic crisis may not see the light of the day
The Sun
Lassa fever: 32 quarantined in Delta after doctor’s death
From Paul Osuyi, Asaba FOLLOWING the death of a medical doctor from Lassa fever, 32 persons have…
Daily Trust
Foreign reserve drops to $25.209bn
Nigeria’s foreign continue to depreciate in the face of economic recession, low capacity oil production and dwindling revenue profile.
Guardian
Nigerian judges work less than four months a year
When all the days they go on holiday and vacation are computed, judges in Nigerian courts work just about 104 days in a year
Leadership
Polio Outbreak: WHO Pledges Support For Nigeria
Following the re-emergence of Polio in the country, the World Health Organisation (WHO), has declared its willingness to go all the way with the federal government to re-establish the Country’s botched victory.
The Nation
South Africa’s Sun International exits Nigeria
South AfricanHOTEL
and gaming group, Sun International said yesterday it had decided to exit Nigeria due to weak economic growth and clashes with regulators.
Tribune
IMPROVED POWER SUPPLY: TCN DRAWS OUT $7.5BN 5-YEAR EXPANSION PLAN
IN an effort to improve the state of power supply in the country, the Transmission Company of Nigeria ( TCN) has mapped out a five-year expansion plan, which will gulp a total of $7.5billion.