Read today's newspaper headlines [Monday, October 31, 2016]
Find out what is making headlines all over the country from the covers of The Nation, The Punch, The Guardian, Business Day and Vanguard.
For today, October 31, 2016:
THE GUARDIAN NEWSPAPER
Agric, others suffer setback as lending rates favour governments
Banks are taking their scarce assets to governments as foreign exchange crisis and economic recession threaten return of investments.
Nigerians in diaspora remit N23.5tr to economy in five years
In five years, Nigerians in the diaspora remitted to the Nigerian economy S77.06 billion (about N23.5 trillion), according to the National Migration Policy report of 2015.
NBA, CJN strike understanding on arrested judges
Without issuing a harmonized statement on the controversial arrest of judges over allegation of corruption, Nigeria’s body of lawyers and the Nigeria Judicial Council (NJC) have resolved their differences on the matter.
THE VANGUARD NEWSPAPER
One dies as protest turns bloody
The protest in Ondo State, over the weekend, took a bloody dimension as a secondary school student was said to have been hit by the tear gas canister, released by the police in dispersing the rioters in Ondo town, near Ife garage.World Bank, IMF put pressure on Buhari to come up with economic blueprint
The World Bank and International Monetary Fund, IMF, have piled pressure on the Federal Government to come up with an economic blueprint, if its drive for foreign loans was not to be stalled.N-Delta leaders reject FG’s $10bn devt packageOperatives of the Zonal Intervention Squad, Zone 2, Police Command, Onikan, Lagos, have uncovered a ritualists’ den at Abule Ifa, Siun area of Obafemi Owode Local Government, Ogun State, arresting two suspected leaders of the syndicate.
THE NATION NEWSPAPER
$2.2b arms deals: Dasuki to call Jonathan as witness
Former National Security Adviser (NSA) Sambo Dasuki, who is on trial for alleged mismanagement of $2.1billion arms funds, would like former President Goodluck Jonathan to be his witness, it was learnt yesterday.
Buhari: I’ve never asked anybody to induce judges
President Muhammadu Buhari yesterday dismissed insinuations that he asked anyone to induce judges to pervert the course of Justice.
CBN to blacklist fraudulent bank customers
The Central Bank of Nigeria (CBN) is working on a framework that will, before year-end, enable it to blacklist or watch-list fraudulent bank customers across the country’s banking space.
THE PUNCH NEWSPAPER
No nepotism, detention of critics under me – Jonathan
Former President Goodluck Jonathan said decisions taken by his administration were guided by the overall interest of the nation and not ethno-religious or personal considerations.
Man treks from Lagos to Zaria for lover
A 26-year-old man, Tunde Agbaje, has reportedly trekked from the Ketu area of Lagos State to Zaria in Kaduna State.
Supreme Court Justices under probe withdraw from sittings
The two Justices of the Supreme Court, Sylva Ngwuta and Inyang Okoro, who were among some judiciary officers recently arrested by the Department of State Services on corruption allegations, have voluntarily withdrawn from further participating in the proceedings of the apex court.
THE BUSINESSDAY NEWSPAPER
Nigeria faces debt trap with $30bn borrowing plan
Nigeria is at risk of walking into a debt trap as the country spends an increasing amount of its revenues servicing mounting debts. “Half of government revenue is being used to service debt, as the pace of debt accumulation is rising faster than revenue growth and GDP.
Junk-rated Seven Energy $445m facility threatens banks health
The health of some major Nigerian banks is being threatened by a recent default on a facility granted to one of their prime customers, Seven Energy Nigeria Limited (SENL), a privately held oil and gas exploration and development company with headquarters in Lagos.
Nigerian aviation sector records decline in activities
Activities around Nigerian airports between the first half of 2016 and the second half of 2015, both in terms of the numbers of travellers and aircraft as well as the weight of cargo and mails moved have declined.
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