*DHQ dismisses report of Boko Haram attack in S’ West* *With 24hrs to Deadline, No Reprieve for MTN*

*DHQ dismisses report of Boko Haram attack in S’ West* *With 24hrs to Deadline, No Reprieve for MTN*

Sabinews Morning News Update for November 15, 2015

National News

DHQ dismisses report of Boko Haram attack in S’ West

The Defence Headquarters yesterday dismissed reports that the Boko Haram sect was planning to attack some South-West states.

This is contained in a statement released to newsmen in Abuja by the acting Director of Defence Information, Col. Rabe Abubakar. Abubakar said the report was baseless, unfounded and urged the public to disregard such reports. Read more

With 24hrs to Deadline, No Reprieve for MTN

With 24 hours to the deadline issued telecoms giant, MTN Nigeria, to pay the N1.04trillion ($5.2 billion) fine imposed by the Nigerian COMMUNICATIONS Commission (NCC), there is  no reprieve from the Federal Government and NCC neither is there any indication that MTN can pay.

NCC had imposed the fine on MTN  for flouting directive relating to the timing of disconnection of 5.1 million unregistered subscribers on its network, which was based on a charge of N200,000 for each unregistered customer not disconnected from its network. Read more

Seeking to Meet Deadline, Military Pushes into Sambisa

Determined to meet the December deadline to crush Boko Haram, Nigerian Army’s operations in the North-east is now in a final push as it heads for Sambisa Forest, the stronghold of the terrorist sect.

The Army, who have frequently promised that it was prepared to meet the December deadline to wipe out the insurgency in the North-east given by President Muhammadu Buhari, yesterday revealed that the troops are moving for the last known den of the insurgents. Read more

Etisalat Announces Winners of EasyBusiness Millionaires Hunt

Etisalat Nigeria has announced winners of the Season Two of Easy Business Millionaires Hunt in Lagos. The company gave out N2m grant and office equipment to each of the 10 winners, who also got a six-month expert support to help them actualise their business ideas.

The winners are Hauwa Liman, Ukamaka Ugwuoju; Oluwaseyi Dada; Toby Jejephilip; Abigail Adewumi and Oyeboade Makinde. Others are Yewande Towobola, Franke Okoye; Tunji Akande and Tomi Adegbenro. Read more

4 Arrested In Bauchi For Burying 25-year-old Abortion Victim

The police Command in Bauchi State has arrested four persons for conspiring to bury one Rose Luka, a 25-year old from Adamawa State in a shallow grave at a compound in Bayan gari area of the state.

The suspects, Hillary Joseph male and 31 years, Nasiru Haruna male and 25 years, and Hamisu Yashi male and 30 years all of Bayan Gari Area of Bauchi State conspired and hurriedly buried Ms Rose Luka female and 25 years who died as a result of complications arising from an abortion that went horribly wrong. Read more

MultiChoice drops Vox Africa, Animal Planet

MultiChoice Africa has announced its decision to drop Vox Africa (DStv channel 191; GOtv channel 17) will no longer be available on DStv and GOtv and Animal Planet (DStv channel 183) from its bouquet from Thursday, 10 December 2015.

Justifying the need for the decision, the management said it as an entertainment-focused company, it constantly assesses the performance and viability of channels on its platform to achieve a diverse variety of programming that best resonates with our viewers, market by market. Read more

EFCC probes casino owners, hoteliers, estate owners, others

The Economic and Financial Crimes Commission (EFCC) has placed some designated non-financial institutions on surveillance for Illegal Financial Flows (IFFs).

They include casinos, estate agents, professional bodies and associations, car dealers, hotels and super markets. Read more

ICC may slam eight war crimes against army, Boko Haram

The International Criminal Court (ICC) is citing the Nigerian Army for two possible war crimes in the campaign against the terror sect, Boko Haram, according to indications yesterday.

The organisation, in its Preliminary Examination Report on Nigeria, is also targeting Boko Haram on six grounds of war crimes. Read more

Ambode sends N25b Employment Trust Fund to Assembly

Lagos State Governor Akinwunmi Ambode has forwarded a bill to the House of Assembly for the establishment of a N25 billion Employment Trust Fund (ETF) in the state.

Entitled Employment Trust Fund Bill 2015, the proposed law is aimed at transforming employment creation in the state over the next four years. Read more

Economy

SEC, Kano Partner To Deepen Non-Interest Capital Market

To unlock the economic potentials of the Nigerian capital market across the states, the Securities and Exchange Commission (SEC) has partnered the Kano State government to deepen the penetration of non-interest segment of the market.

The effort, it is believed, would enable millions of Nigerians and other people of faith invest their savings in ‘an ethical way.’ Read more

IMF Investment Head Quits to Join Nigerian Asset Fund

The head of investments for the International Monetary Fund is stepping down to join a Nigerian asset manager that is planning to launch a fund to support small West African businesses.

A report by The Telegraph, a British online publication on Saturday said Gary Steinberg, who has spent nearly six years as the head of the IMF’s $20bn investment unit in Washington DC, will return to the UK to join the advisory team at CBO Investment Management. Read more

Audu urges FG to revive Ajaokuta Steel Company

All Progressives Congress, APC, gubernatorial candidate in Kogi State, Prince Abubarka Audu, has appealed to the Federal Government to revive the Ajaokuta Steel Company to diversify the nation’s oil economy.

Audu who made the call while addressing a large crowd of supporters at the party’s zonal rally in Okene, headquarters of Kogi Central Senatorial district, told the Vice-President, Professor Yemi Osinbajo that the Federal Government should come to the aid of the ailing steel Industry. Read more

Power

As Abuja Disco Trains 3800 Workers on Corporate Integrity

The Abuja Electricity Distribution Company (AEDC) which is also referred to as Abuja Disco and has the franchise rights to distribute electricity to customers in areas that include Abuja; Niger; Kogi and Nasarawa recently concluded a series of town hall meetings to educate its about 3800 workers on its new corporate standpoints.

The town hall meeting which lasted over a sequential period of four weekends at each of the distribution zones, also afforded the management of the Disco, a rare opportunity to have under one roof, all of its employees for the first time since taking over the running of the network from the government in a power sector reforms and privatisation programme which elapsed on November 1, 2013. Read more

Sports

Siasia invites Nwakali, Osimhen, 2 Others

Dream Team VI coach, Samson Siasia, has called up four Golden Eaglets stars to the Nigeria U23 national team ahead of the Africa U-23 Cup of Nations in Senegal.

Golden Ball winner Kelechi Nwakali, Golden Boot winner Victor Osimhen and first- choice fullbacks Udochukwu Anumudu and John Lazaraus have all been invited for a get – together in Gambia, where the U23s will hold a training camp prior to the tourney. Read more

Dream Team to camp in Gambia

Nigeria U-23 handler Samson Siasia has revealed that his wards will now be camped in Gambia ahead of the 2015 African U23 Championship in Senegal.

The team were meant to camp in Morocco ahead of the tournament which serves as qualifiers for the 2016 Olympics but delay in issuance of visa meant the Dream Team VI had to settle for another option. Read more

World News

Ghana to establish a new power plant at Beyin

Cummins Cogeneration Limited (CCL) a UK based group, and Wuta Energy, an independent power producer in Ghana, has signed an agreement to set up a mega gas power plant in the Western Region by August 2016.

Dubbed: “The Beyin Power Project,” it is expected to produce 140MW gas-fired power in August next year and another 160MW by close of 2017, under a 300MW Power Purchase Agreement to supply energy to the Ghanaian Grid. Read more

Oscar Pistorius starts community service

South Africa’s Oscar Pistorius has started performing community service as part of his parole conditions after being released from prison last month.

The Paralympic gold medallist was freed on parole less than a year into a five-year sentence for the “culpable homicide” of his girlfriend Reeva Steenkamp, who he killed on Valentine’s Day in 2013. Read more

At Least 18 Killed in 2 Separate Clashes in Somalia

Two separate attacks in southern Somalia Saturday killed at least 18 people killed and wounded more than 30 others.

Near the port of Kismayo, at least 15 people were killed and 25 others wounded when al-Shabab militants mounted a surprise attack on a former military academy currently used as a base for forces of the regional administration in Jubbaland state. Read more

Baltimore homicides top 300 for year, worst since 1999

Riot-scarred Baltimore recorded its 300th homicide of the year on Saturday, police said, up 42 percent from last year’s total and its highest toll since 1999 with more than a month still to go in 2015.

There has been an upsurge in killings in some U.S. cities. In Baltimore, the number of homicides has surged since protests and rioting in April sparked by the death of a black man in police custody. Read more

Paris attack puts terrorism centre-stage as world leaders meet in Turkey

Turkish President Tayyip Erdogan urged world leaders on Saturday to prioritise the fight against terrorism as they gathered for a summit in southwestern Turkey, saying the Paris attacks claimed by Islamic State showed the time for words was now over.

The worst bloodshed in France since the end of World War Two cast a pall over preparations for the two-day summit of the Group of 20 major economies that begins on Sunday and is due to be attended by heads of state including U.S. President Barack Obama and Russian President Vladimir Putin. Read more

Officials cowed by graft crackdown stall China stimulus push

Local officials in China are dithering over project approvals and business deals, some to avoid the spotlight of an anti-corruption campaign, impeding Beijing’s plans to use infrastructure spending to arrest slowing economic growth.

Though the National Development and Reform Commission (NDRC) approved 1.9 trillion yuan ($300 billion) of investment projects in the first 10 months of 2015, the country’s top auditor estimates $45 billion of projects are behind schedule, including a railway line in Yunnan delayed five years by official sloth. Read more

 

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