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Новости за 15.03.2016

7-UP, Honeywell, Sterling Bank lead N46bn market loss

The Punch 

 Stanley Opara The 7-UP Bottling Company Plc, Honeywell Flour Mill Plc and Sterling bank Plc topped the losers’ table at the close of trading on the floor of the Nigerian Stock Exchange on Monday. The NSE market capitalisation dropped to N8.893tn from N8.939tn, while the All-Share Index also plunged to 25,853.58 basis points from 25,988.40

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Abia defender Olowo out for two weeks

The Punch 

Abia Warriors of Umuahia defender, Emmanuel Olowo, who suffered a concussion after receiving an accidental punch at the back of his head by his own goalkeeper during last Sunday’s 2-2 draw with Enugu Rangers, is in a stable condition and has been discharged from the hospital in Umuahia. The former Kano Pillars player was accidentally

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FG to establish technology development bank

The Punch 

Everest Amaefule   The Federal Government is in the process of establishing a science and technology development bank, the Minister of Science and Technology, Dr. Ogbonnaya Onu, has said. Onu said this when he received the National Association of Motor Mechanics and Technicians led by its President, Mr. Suleiman Oseni, who paid him a courtesy

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Electricity workers flay minister over power outage claim

The Punch 

Ife Adedapo The Minister of Information and Culture, Mr. Lai Mohammed, has come under fire over a statement attributed to him that the unions in the power sector were sabotaging power infrastructure, leading to outages. Workers under the aegis of the National Union of Electricity Employees challenged Mohammed to a public debate on the problems

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Fuel scarcity: Private depots complain of low stock

The Punch 

’Femi Asu Owners of private petroleum products’ depots in Lagos have warned that the current fuel scarcity in the country may get worse as they have yet to receive supply from the Nigerian National Petroleum Corporation. Our correspondent gathered that loading at some of the depots on Monday did not improve significantly, while there was

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Why is quality customer care so scarce in our country?

The Punch 

Customer care is growing steadily in Nigeria, especially in big cities like Lagos and Abuja, where there are more corporate bodies, and both the customers and the service providers are more educated. In many parts of Nigeria, customer care is most times pitiable. In such places, the customers have become so used to mediocre or

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Ethno-religious conflicts and a nation in crisis

The Punch 

The gruesome clashes among some of Nigeria’s disparate ethno-religious groups have become a nightmare that haunts the country and constitute a threat to peaceful co-existence among Nigerians. Sadly, the political elite seem powerless or at best complicit in the face of deadly clashes that have left thousands of people dead or displaced and properties destroyed

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Ways to strenghten naira

The Punch 

The foundation for the free fall of naira against the dollar and other foreign currencies was actually laid by the immediate past administration of President Goodluck Jonathan when the government virtually  dollarised the nation’s economy in the twilight of its tenure.  It can be recalled   that in its frantic efforts to curry the favour of

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Managing Lagos ethnic violence better

The Punch 

ALREADY weighed down by constant gangland wars in Mushin, Bariga, Oshodi and Somolu, inter-ethnic violence engulfed Lagos State recently. It was costly: at the end of three days of clashes involving some Yoruba, Hausa foodstuff traders and commercial motorcyclists in Agiliti, Mile 12 and its environs, between four and 10 people were feared killed, and

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Smile introduces 4G innovations to customers

The Punch 

Ozioma Ubabukoh Smile Communications Nigeria Limited has announced two 4G Long-Term Evolution innovations to its customers. They are SmileVoice and SmileUnlimited. The company said it was the first operator in West Africa to offer its customers Voice over LTE services and give them access to the growing global standard for voice and video calling. It

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Firm berths Nigeria’s first online energy platform

The Punch 

Compareen ergyprices.ng, Nigeria’s first online platform to connect buyers and sellers of energy products, has been unveiled in Lagos. Speaking on the development, the Chief Executive Officer, Compare Energy Prices, Ugonwa Okolo, stated that the platform, which will focus on deregulated energy products like cooking gas, diesel and aviation fuel, would provide options of dealers

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MainOne wants oil, gas firms to leverage technology

The Punch 

zioma Ubabukoh MainOne has urged forward-looking enterprises to gain competitive advantage by embracing digital transformation. The company said that the call was apt in view of the present “turbulent market landscape,” especially in the oil and gas industry. The company’s Head, Public Sector Sales, Gimba Mohammed, stated this in a presentation during the recently concluded

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At Ibadan Poly, students live in bushes of fear

The Punch 

Students of the Polytechnic, Ibadan, Oyo State, are yearning for cleaner surroundings and hostels, OLUFEMI ATOYEBI, who visited the institution, writes Established in 1971 from the facility left behind by the old University of Ife, now Obafemi Awolowo University, The Polytechnic, Ibadan, boasts being the alma mater of many prominent Nigerians. Many of them are

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Cultists behead students, use heads as goalposts

The Punch 

Ogbonnaya Ikokwu, Umuahia Suspected cultists on Saturday night beheaded two  undergraduates of the Abia State University,  Uturu, and thereafter  used their heads as goalposts. Our correspondent learnt that their roommate sustained severe injuries from machete cuts by the hoodlums. The deceased  identified as Ebuka Nwaigbo,  a 300 level student of the Department of Estate Management, 

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MAPOLY to become degree-awarding institution –Amosun

The Punch 

Samuel Awoyinfa Ogun State Governor, Senator Ibikunle Amosun, has said the Moshood Abiola Polytechnic, Abeokuta, will soon become a degree-awarding institution. He said this at the 14th convocation ceremony of the institution on Thursday. According to the governor, the state has opened discussions with the National Universities Commission, with a view to actualising this. He

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Mourners, police fight over corpse of NURTW member

The Punch 

Samson Folarin There was tension in the Bolade, Oshodi area of Lagos State on Monday as mourners and family members fought off efforts by policemen from the Akinpelu division to take away the corpse of a slain member of the National Union of Road Transport Workers, Akeem Lawanson, 38. His younger brother took the keys

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Cote d’Ivoire attack: FG heightens security at hotels, airports, malls

The Punch 

Fidelis Soriwei, Adelani Adepegba and Nnodim Okechukwu Security has been heightened at prominent hotels, shopping malls and other key places in the Federal Capital Territory, particularly those frequented by foreign nationals and high-profile Nigerians, following the terror attack on Cote d’Ivoire that claimed 16 lives on Sunday. Six gunmen had stormed Cote d’Ivoire beach resort

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NNPC didn’t remit N3.2tn to FG in 2014 –Auditor General

The Punch 

Sunday Aborisade The Federal Government says it has uncovered discrepancies of about N3.3tn in the remittance of funds by various Ministries, Departments and Agencies of government as well as foreign missions in the 2014 fiscal year. This was contained in the 2014 Annual Audit Report presented to the National Assembly on Monday by the office

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Lekki collapse: Ambode fires building agency boss, others

The Punch 

Sesan Olufowobi,  Maureen Ihua-Maduenyi and Samson Folarin The Lagos State Governor, Akinwunmi Ambode, on Monday dismissed the General Manager of the Lagos State Building Control Agency, Olushola Adeigbe. Adeigbe’s sacking, according to the government, is as a result of the last week collapse of a five-storeyed building in Lekki, Lagos. The governor also approved the

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Court admits exhibits in PUNCH ex-employee’s theft case

The Punch 

Ramon Oladimeji A Lagos State Magistrate’s  Court sitting in Ogba, Lagos,  on Monday admitted two exhibits in evidence against an ex-employee of Punch Nigeria Limited, Olamide Fashanu, who is facing theft charges. The police are  prosecuting Fashanu, a former advert  executive with Punch Nigeria Limited, for allegedly stealing the  sum of N4,936,805 belonging to the

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Ese: Prosecution wants secret trial

The Punch 

Simon Utebor The Federal High Court, Yenagoa, Bayelsa State, on Monday ruled that Mr. Yunusa Dahiru, aka Yellow, the alleged abductor of 14-year-old Ese Oruru, should be returned to prison. A prayer that the judge should allow Ese, the alleged victim, to be quizzed or have her evidence taken in private was vehemently rejected by

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Army better prepared for security challenges – Ex-Army chief

The Punch 

Success Nwogu A former Commander of the  Nigerian Army Education Corps Major General Sunday Adebayo  (retd.) has said the Army is now better prepared  to respond to the country’s security challenges because soldiers now  have better training. But Adebayo, who  spoke in an interview with reporters  during his pull-out  at Sobi Barracks, Ilorin, the Kwara

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Corruption: Presidency, police begin training of senior officers

The Punch 

Olalekan Adetayo The Federal Government has commenced a new training initiative that will better equip the Nigeria Police Force to discharge their duties. The Senior Special Assistant to the Vice-President on Media and Publicity, Mr. Laolu Akande, disclosed this in a statement on Monday. Akande said the training was part of the government’s criminal justice

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22 undergo open-heart surgery at UNTH

The Punch 

Ihuoma Chiedozie Twenty-two patients, who were suffering from various heart diseases, have undergone open-heart surgery at the University of Nigeria Teaching Hospital, Ituku-Ozala, Enugu. The Chief Medical Director of UNTH, Dr Christopher Amah, said the operation on the 22 patients was the 12th edition of the hospital’s open-heart surgery exercise. The UNTH open-heart surgery, which

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Ekiti private schools declare strike over Fayose’s levy

The Punch 

Kamarudeen Ogundele Private schools in Ekiti State on Monday began a three-day strike to protest the imposition of N1,000 development levy per term on their pupils by Governor Ayodele Fayose. The state government had announced N1, 000 per term as education development levy for public secondary school pupils while those in primary schools were to

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