Read today's newspaper headlines [Monday, March 20, 2017]

THE GUARDIAN NEWSPAPER

Foreign investors acquisition of local firms over forex looms

Unless the Central Bank of Nigeria (CBN) is consistent in making foreign exchange (forex) available for manufacturers to import raw materials that are yet to have local alternatives, foreign investors with access to cheaper funds may acquire controlling stakes in these local firms.

Lenders tighten credit rules, decline customers’ loan request

The level of credit to businesses and individuals in the first quarter of 2017 declined, as banks strengthened their rules in the midst of rising Non-Performing Loans (NPLs) and recession, despite availability of the funds.

Buhari can re-nominate Magu for confirmation as EFCC boss, Ndume says

The level of credit to businesses and individuals in the first quarter of 2017 declined, as banks strengthened their rules in the midst of rising Non-Performing Loans (NPLs) and recession, despite availability of the funds.

THE NATION NEWSPAPER

Doctor jumps into Lagos Lagoon

In what appeared to be a suicide, a medical doctor, Allwell Oji, jumped into the Lagos lagoon yesterday. The incident happened at 4:45pm on Third Mainland Bridge when Oji, 35, was on his way to Victoria Island where he was going to attend a Medical and Dental Council of Nigeria (MDCN) meeting.

36 states, FCT demand $6.9 bn Paris Club refund

States are demanding about $6.9billion Paris Club loan deductions from the Federal Government. The government has raised a verification and reconciliation team on the claims by states to end over deduction of loans which have crippled many states.

Naira to appreciate as CBN boosts forex sales

The Naira is set to appreciate further this week as the Central Bank of Nigeria (CBN) plans to inject more Foreign Exchange (Forex) into the market to meet the requests of genuine customers.

VANGUARD NEWSPAPER

FG okays new package for Niger Delta

The Presidency has finally come out with a bumper package aimed at accelerating the return of peace to the troubled Niger Delta region and ensure steady production of oil, Nigeria’s biggest foreign exchange earner, and gas, the badly-needed feedstock for the nation’s power generating plants.

Shekau in new video, threatens Cameroon, Nigeria, Mali, others over Sharia

Boko Haram leader, Abubakar Shekau, has appeared in a new video threatening world leaders and disputing the Cameroonian government’s claim that it has defeated the terror group.

Nnamdi Kanu distances self from US launch of Radio Biafra

The leader of the Indigenous People of Biafra, IPOB, Nnamdi Kanu, has distanced himself and his deputy, Uche Mefor, from a live broadcast on Radio Biafra slated for yesterday in the United States, US.

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THE PUNCH NEWSPAPER

EFCC hands over Amosu’s $2.15 million hospital to Air Force

A hospital with medical equipment worth about $2.15m which was seized from a former Chief of Air Staff, Air Marshal Adesola Amosu (retd.), has been handed over to the Nigerian Air Force, The PUNCH has learnt.

FG to disburse N500bn Paris Club refund this week

The disbursement of the N500bn London-Paris Club loan refund to states by the Federal Ministry of Finance is to commence next week, investigations have revealed.

PDP: Sheriff moves to stop Markarfi’s appeal to S’Court

The National Chairman of the Peoples Democratic Party, Ali Modu Sheriff, has commenced moves to stop any appeal to the Supreme Court seeking to challenge the judgment of the Court of Appeal, Port Harcourt Division, which affirmed him as the authentic leader of the party.