Nigerian Newspaper Headline News For Today,Wednesday 25/01/2017

BUSINESSDAY
CBN signals interest rate cut in 2017
External reserves rise to $28.9bn as CBN insists on dollar management policy
GE ready to turnaround Nigeria’s refineries
CBN signals interest rate cut in 2017
FG launches N1.6bn micro-credit scheme in Ogun to reduce feminized poverty
Labour wants FG to build capacity for local refining
FG begins discussions with GE on concessioning of narrow rail gauge
2017 budget: Reps ask FG to inject funds into Sovereign Wealth Fund, transport, agric, solid minerals

10 Newpaper Headlines You Need To Know This Morning

1. The Presidency has explained that President Muhammadu Buhari’s decision to seek medical attention abroad was based on prior appointment with his doctors who have treated him over the years.

Presidential spokesman, Femi Adesina said Buhari was well informed of the difficulties Nigerians are passing through, even as he said that the ensuing economic recession which he described as inevitable would soon end.

Nigerian Newspaper Headline News For Today,Thursday 12/01/2017

THE PUNCH

Treasonable felony: FG wants Kanu’s application dismissed

FG calls second witness against Saraki Jan. 17

Oloyede denies N3bn fraud allegation, threatens to sue ASUU

14 witnesses to testify against Justice Ademola, wife, SAN

Reject buildings without approval, LASG tells tenants

SaharaReporters founder, Sowore, arrested in Lagos

FG grants 335 foreigners Nigerian citizenship

NDDC denies funding Rivers rerun with N40bn

Reps seek safe haven for Jammeh in Nigeria

Opinion: That 20% Tax On Imported Medicines

That 20% Tax On Imported Medicines

By Achilleus-Chud Uchegbu

Recently, the federal Government of Nigeria imposed a 20% tax on imported medicines in a new tax policy called Import Adjustment Tax. Prior to this, Nigeria had 0% duty on imported drugs. This is a consequence of an ECOWAS Committee on Health recommendation that member states charged 0% duty on imported drugs. This became necessary when ECOWAS reasoned that healthcare needs of the region cannot be adequately addressed by the available drugs manufacturing companies.

With WOW Airline, You can now fly from the US to Europe for $70

On Tuesday, WOW Air announced that for a limited time it will offer tickets from the West Coast of the United States to Europe for as low as $69.99.

The Icelandic low-cost carrier will offer the fares on flights from Los Angeles and San Francisco to Stockholm, Sweden; Bristol, England; Copenhagen, Denmark; and Edinburgh, Scotland.

The Perfect Period to Visit Italy

The best months for traveling in Italy are from April to June and mid-September to October—temperatures are usually comfortable, rural colors are richer, and the crowds aren’t too intense. From July through early September the country’s holiday spots teem with visitors. May and June usually see the highest hotel prices in Rome and Florence.

Frozen Accounts of MMM Participants to be Paid in Bitcoin

Ahead of its January 14, relaunch, popular MMM Nigeria has said it is introducing Bitcoin, the 2016 world’s best performing currency, as its means of payment.

The surging digital currency tipped to become a new safe haven asset as the world grapples with growing economic uncertainty, neared its all-time high on Thursday, January 5.

Although hopes among the participants of the ponzi scheme are still high in Nigeria, many have continued to turn to Bitcoin which had been there but had little patronage like it was with the ponzi scheme.