Below are the headlines found on The Punch Online Newspaper for today, Friday, 16 June, 2017.


Kidnapping: End of 'Evans the Terrible
Fri, 16 Jun 2017
AFTER a long-drawn-out escapade, the long arm of the law has finally caught up with a kidnap kingpin, Chukwudubem Onwuamadike. A special police Intelligence Response Team working with officers from the Lagos State Command captured 'Evans the Terrible' last weekend in his palatial Magodo, Lagos home. The arrest evoked collective relief and triggered spontaneous jubilation []
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Kano APC expels Jibrin, embattled lawmaker kicks
Fri, 16 Jun 2017
The All Progressives Congress in Bebeji Local Government Area of Kano State has expelled the suspended House of Representatives member, Alhaji Abdulmumini Jibrin, from the party over alleged anti-party activities. Jibrin a member representing Kiru/Bebeji Federal constituency in Kano State, was suspended by the House of Representatives for exposing alleged budget padding in the green []
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Osun by-election: Sheriff presents PDP flag to Adeleke
Fri, 16 Jun 2017
Olusola Fabiyi, Abuja The National Chairman of the Peoples Democratic Party, Ali Modu Sheriff, has presented the party's flag to Alhaji Ademola Adeleke as PDP's candidate for the Osun West Senatorial election. Ademola is the younger brother to the late Senator Isiaka Adeleke, who was representing the senatorial district before his death. Before defecting to []
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PDP'll not field candidates in 2019 ' Chime
Fri, 16 Jun 2017
Ihuoma Chiedozie, Enugu A former Governor of Enugu State, Sullivan Chime, has advised politicians who intend to contest the 2019 general election in the state to do so under the platform of the All Progressives Congress. Chime said the Peoples Democratic Party would not be able to field candidates in 2019. The former governor spoke []
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APC BoT member drowns in Abuja flood
Fri, 16 Jun 2017
Adelani Adepegba, Abuja A member of the Board of Trustees of the ruling All Progressives Congress, Olisaemeka Akamukalem, has drowned in a flood in Abuja. Akamukalem, who hailed from Delta State, died on Tuesday in Gwarinpa, Abuja, after a torrential downpour swept away his car. He was aged 57. His remains had been recovered and []
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We're not aware of move to recall Melaye ' INEC
Fri, 16 Jun 2017
The Independent National Electoral Commission says it is not aware of any moves to recall Sen. Dino Malaye, representing Kogi West Senatorial District. INEC Director of Voter Education and Publicity, Mr Oluwole Osaze-Uzzi, said this in an interview with the News Agency of Nigeria on Thursday in Abuja. Explaining the processes involved in recalling an []
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Petrol price: FG rules out total deregulation
Fri, 16 Jun 2017
Okechukwu Nnodim, Abuja The Federal Government on Thursday announced that it had ruled out the total deregulation of the downstream oil and gas sector so as not to raise the pump price of Premium Motor Spirit, popularly known as petrol. It noted that any attempt to enforce a total deregulation of the sector would lead []
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Naira to gain further on stock purchases 'Analysts
Fri, 16 Jun 2017
The naira is expected to strengthen against the United States dollar in the coming week as offshore investors pile into local stocks, currency and financial analysts have said. According to them, the naira will likely strengthen against the dollar in the coming days as more offshore investors buy up local stocks after MSCI increased the []
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Things to consider when opening your first student account
Fri, 16 Jun 2017
With Nike Popoola 09055512063 (sms only) Personalbanking@punchng.com Many students will leave the snug confines of their childhood to study elsewhere. For many 18-year-olds, this newfound freedom will also bring the first taste of financial independence. While some may already have savings accounts in place, most will have to set up new accounts as they leave []
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215MW Kaduna power plant gets zero gas supply
Fri, 16 Jun 2017
Leke Baiyewu, Abuja The Senate on Thursday raised the alarm over an imminent blackout in the northern part of the country due to zero gas supply to the 215 megawatts Kaduna power plant, adding that the development had led to a shutdown of the industrial sector in the region. This was contained in a motion []
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How customer experience and revenue link
Fri, 16 Jun 2017
Oluwafemi Oyefeso oluwafemi.oyefeso@yahoo.com In a study by Forrester research, it was estimated that in America alone, the total annual impact of customer experience across industries surpassed the $6.8bn dollar mark. The impact of customer experience cuts across various industries from financial institutions to telecommunications providers, hotels, electronic commerce companies and indeed any business that []
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FG hires 7,500 graduates to boost tax revenue
Fri, 16 Jun 2017
Ifeanyi Onuba, Abuja The Federal Government is targeting an increase in the number of taxpayers in the next two years from the current 14 million to 17 million. The Minister of Finance, Mrs. Kemi Adeosun, disclosed this during a media briefing on Thursday in Abuja on a new initiative to drive tax revenue. Adeosun was []
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CBN to mop up N200bn from circulation
Fri, 16 Jun 2017
Ifeanyi Onuba, Abuja The Central Bank of Nigeria, in a bid to check inflation in the country, has unveiled plans to mop up a total of N200.32bn from the banking sector. The Acting Director, Corporate Communications Department, CBN, Isaac Okorafor, confirmed this in a statement issued on Thursday. The statement said the amount would be []
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Inflation drops from 17.24% to 16.25% ' NBS
Fri, 16 Jun 2017
Ifeanyi Onuba, Abuja The National Bureau of Statistics on Thursday released the Consumer Price Index, which measures inflation, with the index dropping from 17.24 per cent in April to 16.25 per cent year-on-year in May. The NBS stated that on a month-on-month basis, the headline index rose by 1.88 per cent in May, representing a []
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Transactions on FX investor window hit $2.2bn ' CBN
Fri, 16 Jun 2017
Oyetunji Abioye with agency report The Central Bank of Nigeria on Thursday said its new currency window for investors had handled $2.2bn of trade in six weeks. The CBN also said it accounted for almost 30 per cent of the $2.2bn transactions, adding that this was meant to keep the window operating. The CBN had []
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Global executives see uncertainty as growth opportunity ' EY
Fri, 16 Jun 2017
Femi Asu Eighty-nine per cent of global executives see growth opportunities from today's uncertainty, a new survey has revealed. The EY Growth Barometer stated that technology disruption and lack of skilled talent outweigh uncertainty as greatest concerns for global executives. The findings were further discussed by prominent entrepreneurs, government officials, business leaders and others, who []
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Amnesty office partner Calabar garment factory
Fri, 16 Jun 2017
Oluwatosin Omojuyigbe The Presidential Amnesty Programme is planning to collaborate with the Cross River State Garment Factory in the area of skills acquisition as part of the efforts to fully re-integrate the Niger Delta militants back into the society. The Coordinator, Presidential Amnesty Programme, Brigadier-General Paul Boroh, made this known during an inspection visit to []
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Banks raise N26bn for agric/SMEs equity fund
Fri, 16 Jun 2017
Oyetunji Abioye Deposit Money Banks in the country have raised a total of N26bn in line with their commitment to provide equity funding for agro-based Small and Medium-scale Enterprises. The Managing Director, Standard Chartered Bank Nigeria, Mrs. Bola Adesola, made the disclosure at the 333rd Bankers Committee meeting held at the Central Bank of Nigeria's []
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