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Below are the headlines found on The Punch Online Newspaper for today, Wednesday, 19 July, 2017.

Ife varsity fraud: Students' protests shameful
Wed, 19 Jul 2017
THE Obafemi Awolowo University, Ile-Ife, is in danger of lapsing into intellectual irrelevance. The students, lecturers and workers of the institution are pitting themselves against the Nigerian state over the trial of the school's former acting vice-chancellor, Anthony Elujoba, for alleged fraud. Throwing caution to the winds, they have been protesting against Elujoba's trial at []
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Group inaugurates Lamido presidential campaign in Kogi
Wed, 19 Jul 2017
Gbenga Odogun, Lokoja Ahead of the 2019 presidential election, the Sule Lamido Presidential Campaign Organisation was on Tuesday inaugurated in Lokoja, the Kogi State capital. This is coming a week after the Supreme Court confirmed Alhaji Ahmed Markafi as the chairman of the Peoples Democratic Party following a prolonged leadership tussle that had rocked the []
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My mum's prayer was answered when I became gov ' Ajimobi
Wed, 19 Jul 2017
Olufemi Atoyebi, Ibadan The Oyo State Governor Abiola Ajimobi, on Tuesday said that his mother prayed fervently for him to become the governor and that her prayers were answered when he won the election in 2011. During the 5th Year fidau prayer for the governor's mother, Alhaja Sikirat Ajimobi, at the Government House in Ibadan, []
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Defectors should forget Anambra APC gov ticket, says Moghalu
Wed, 19 Jul 2017
John Alechenu and Tony Okafor The National Auditor of the All Progressives Congress, Chief George Moghalu, has expressed confidence that the party will not make the mistake of handing out its governorship ticket for the forthcoming Anambra State elections to 'defectors.' Moghalu, who is also aspiring to govern the state on the platform of the []
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Customs CG warns banks against sabotaging e-auction system
Wed, 19 Jul 2017
Ifeanyi Onuba, Abuja The Comptroller-General of Customs, Col. Hameed Ali (retd), on Tuesday described the non-participation of Deposit Money Banks in the electronic auction system of the Nigerian Customs Service as a sabotage of the country's economy. Ali stated this in his opening remarks at a meeting with chief executives of all the DMBs held []
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New trading name represents Nigeria's heritage ' 9Mobile
Wed, 19 Jul 2017
Ozioma Ubabukoh Emerging Markets Telecommunication Services Limited, which previously traded as Etisalat Nigeria, has explained that it adopted '9Mobile' as its new trading name, because it represents Nigeria's heritage and values. It stated this in a statement on Tuesday, adding that the change in name was a further testament of its commitment to ensuring business []
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NNPC, Halliburton search for crude in sedimentary basins
Wed, 19 Jul 2017
Okechukwu Nnodim, Abuja In its bid to pinpoint the exact location of viable crude oil deposits, the Research and Development Division of the Nigerian National Petroleum Corporation has entered into collaboration with the United States of America-based Halliburton Corporation in the ongoing search for commercial hydrocarbon in the inland sedimentary basins. The Group General Manager, []
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FG to establish ICT development bank
Wed, 19 Jul 2017
Everest Amaefule, Abuja The Federal Government will soon establish a specialised bank to cater to the development of the Information and Communications Technology industry, the Minister of Communications, Mr. Adebayo Shittu, has said. Shittu, who said this at the 13th International Conference of the Nigeria Computer Society in Abuja on Tuesday, also disclosed that the []
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Medview begins airlift of stranded London-bound passengers
Wed, 19 Jul 2017
Okechukwu Nnodim, Abuja Medview Airlines on Tuesday finally commenced the airlift of hundreds of London-bound passengers who were left stranded at the Murtala Muhammed International Airport in Lagos after the carrier failed twice in its bid to convey the travellers to their destination. It was gathered that about 700 passengers of the airline were to []
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Reps worry over $5bn for fuelling generators
Wed, 19 Jul 2017
John Ameh, Abuja The House of Representatives is disturbed over the estimated $5bn that Nigerians are said to be spending yearly to fuel generators. Many Nigerians rely on generators to provide electricity for both domestic and commercial uses. The House said it was an indication of the unhealthy state of the country's power sector, which []
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Are you ready for the new marketplace
Wed, 19 Jul 2017
Author of 'Practical Steps to Financial Independence' and personal finance coach, Usiere Uko, writes about getting ready for the impending changes in the market place Technology is driving changes in the marketplace at an increasing speed. A lot of the things you see today, you will see them no more. They are already history. This []
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CBN's forex market intervention improving business climate 'Adenuga
Wed, 19 Jul 2017
The continued intervention of the Central Bank of Nigeria in the nation's foreign exchange market is gradually enhancing the country's business climate, the Managing Director, Premier Standard Industrial Limited, Mr. Gbolahan Adenuga, has said. Adenuga noted that the greatest challenge that faced the business environment last year and the earlier part of this year was []
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Infraction: ICAN empowers accountants, auditors to expose employers
Wed, 19 Jul 2017
The Institute of Chartered Accountants of Nigeria has revoked its decades-long 'confidentiality principle' existing between professional accountants and their employers or clients. This followed the launch of a new global ethical standard code by the International Ethics Standards Board for Accountants for professional accountants and auditors on July 15, 2017. The code, called 'Non-compliance with []
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CBN extends support for Skye Bank by one year
Wed, 19 Jul 2017
Oyetunji Abioye The Central Bank of Nigeria has extended guarantees to Skye Bank Plc for another year, while it considers the bank's recapitalisation proposal, the mid-tier lender has said. The CBN had last year shored up Skye Bank with N100bn capital injection, after sacking its top management for failing to meet minimum capital requirements. The []
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FIRS generates N1.78tn in six months, targets N1.8tn VAT
Wed, 19 Jul 2017
Leke Baiyewu, Abuja The Federal Inland Revenue Service collected a total sum of N1.782tn in tax revenue between January and July this year. The figure represents an increase in tax revenue of N224.14bn when compared to the N1.558tn collected in the same period in 2016. The Executive Chairman, FIRS, Mr. Tunde Fowler, announced this on []
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Workers' strike paralyses business activities at CAC
Wed, 19 Jul 2017
Ifeanyi Onuba, Abuja Business activities were on Tuesday paralysed at the headquarters of the Corporate Affairs Commission following an industrial action embarked upon by members of staff of the agency. The industrial action led to the closure of the CAC premises in Abuja, thus preventing members of staff as well as the general public from []
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Nigeria's oil revenue savings among lowest globally ' NEITI
Wed, 19 Jul 2017
Okechukwu Nnodim, Abuja The Nigeria Extractive Industries Transparency Initiative on Tuesday said it was high time the Federal Government embraced a robust policy to save a portion of oil and gas revenue for the rainy day and for the next generation. According to NEITI, the call became crucial after its findings revealed that Nigeria's oil []
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Shopping safely online
Wed, 19 Jul 2017
Online shopping is a great way to compare prices, pick up bargains and track down those hard-to-find gifts and with a bit of expertise, anyone can do it safely. Just stick to a few sensible rules and look out for warning signs to ensure a safe and secure online shopping experience, according to www.moneyadviceservice.org.uk. Be []
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Paying with debit cards
Wed, 19 Jul 2017
A debit card is the first payment choice for many people who don't like to pay on credit. You can take out cash at cash machines, use your card at the till or pay online and by phone, according to www.moneyadviceservice.org. uk. When paying by debit card, the money comes directly out of your bank []
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Etisalat confirms 9mobile as new brand name
Wed, 19 Jul 2017
Emerging Markets Telecommunication Services Limited, which previously traded as Etisalat Nigeria, on Tuesday confirmed changing its trading name to 9mobile. The company's new chief executive officer, Boye Olusanya, in a statement released on Tuesday, described the new name as presenting its '0809ja heritage' and 'our evolution over 9 years of operations in Nigeria'. Olusanya said, []
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Okagbare, Egwero show their class at Warri Relays
Wed, 19 Jul 2017
Blessing Okagbare and Ogho-Oghene Egwero inspired Nigeria to win the 4x100m Relays at the 2017 Warri Relays & CAA Grand Prix held at the Delta State Polytechnic Ozoro on Tuesday. While Okagbare led the women's team to a comfortable win in a time of 43.92 secs, the men's team piloted by Egwero were stretched by []
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US Open to break $50m prize barrier
Wed, 19 Jul 2017
Prize money at this year's US Open will top $50m, organisers confirmed on Tuesday, once again making the tournament the richest event in tennis, according to AFP. The United States Tennis Association said in a statement that the tournament purse had been increased by $4m, taking it up to $50.4m in total. The winners of []
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Sanchez not for sale ' Wenger
Wed, 19 Jul 2017
Alexis Sanchez can lead Arsenal back into the Champions League and will not be sold by the club, says Arsene Wenger, Skysports reports. Sanchez told Chilean media he wants to play in Europe's top competition, which the Gunners failed to qualify for after their fifth-placed Premier League finish, and that a decision over his future []
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