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Find out what is making headlines all over the country from the covers of The Guardian, Vanguard, The Nation and The Punch.
For today, February 2 2017:
THE GUARDIAN NEWSPAPER
Stockbroker’s N10 billion scandal rocks stock market
Industry
regulators are currently struggling to restore investors’ confidence in
the capital market, following what stakeholders described as poor
handling of infractions and enforcement of discipline among operators.
FG approves new national tax policy, sets up panel on rising food prices
The
Federal Executive Council (FEC) has approved a new National Tax Policy
for the country. The policy is expected to guide the operation and
review of the nation’s tax system and provide the basis for future tax
legislation and administration.
Foreign reserves hit $28b, CBN warns banks over failed settlements
Nigeria’s
foreign reserves have grown to $28.12 billion, according to the latest
figures from the Central Bank of Nigeria (CBN) for January 2017. The
reserves fell to $23.95 billion in October 2016, stoking fears among
foreign investors on the country’s ability to settle dollar-denominated
obligations in the midst of falling crude oil prices.
VANGUARD NEWSPAPER
RECESSION: Foreign investment inflow down by $4.5bn in 2016
There
were indications that foreign investors largely shunned Nigeria’s
economy in 2016 as foreign investment inflow dipped by $4.52 billion to
$5.12 billion, the lowest in nine years, according to data released,
yesterday, by the National Bureau of Statistics, NBS.
Okorocha should keep quiet when serious govs are talking — Obiano
THE
verbal war between Governor Rochas Okorocha of Imo State and his
Anambra State counterpart, Chief Willie Obiano, took another dimension
yesterday, with Governor Obiano telling Okorocha to keep quiet when
serious governors are talking because he (Okorocha) has nothing to
offer.
Onnoghen: Presidency warns against blackmail, says Buhari has done nothing wrong
Onnoghen: Presidency warns against blackmail, says Buhari has done nothing wrong
THE
Presidency, Wednesday has warned some Nigerians against capitalizing on
the delayed transmission of the name of Acting Chief Justice of
Nigeria, Walter Onnoghen to the Senate to blackmail President Muhammadu
Buhari.
THE NATION NEWSPAPER
Buhari’s power sector revival pill sparks crisis
More
than one year after the African Development Bank (ADB) approved $174
loan to tackle Nigeria’s power crisis, the cash remains in the lender’s
vaults.
Fed Govt sets up panel to bring down food prices
The
Federal Executive Council (FEC) yesterday set up a committee, which
will suggest ways of reducing food prices. The committee is expected to
submit a report to the Council next Wednesday.
Forex trading: CBN to suspend defaulting banks for eight weeks
The
Central Bank of Nigeria (CBN) has tightened its operational guidelines
on foreign exchange (forex) trading among banks and other authorised
dealers.
THE PUNCH NEWSPAPER
Arms cash: Obanikoro returns N30m, to pay N417m
A
former Minister of State for Defence, Senator Musiliu Obanikoro, has
returned a fresh sum of N30m to the Economic and Financial Crimes
Commission, with a promise to pay a balance of N417m, The PUNCH can confirm.
FG to raise VAT on champagne, other luxury items
The
Federal Executive Council on Wednesday approved the revised National
Tax Policy. The policy will see the Value Added Tax on luxury items,
like champagne, increasing from the current five per cent, among other
changes.
Worst leadership is in the church, says Adeboye
The
General Overseer of the Redeemed Christian Church of God, Worldwide,
Pastor Enoch Adeboye, has said there is dearth of good leadership in the
country, adding that the church is the worst hit.
Posted in: 2017],February 2,Read today's newspaper headlines [Thursday
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