9 november 2016 punch news

Here are the top stories from Punch Newspapers on November 9, 2016:

HEADLINES

  1. Buhari's Health: Presidency Denies Reports of President's Death - The presidency has denied reports that President Muhammadu Buhari has died, saying the reports are "false and baseless".
  2. EFCC Arrests Ex-NNPC GMD, Andrew Yakubu, Over Missing $9.8m - The Economic and Financial Crimes Commission (EFCC) has arrested the former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, over the missing $9.8 million.
  3. APC Crisis: Oshiomhole, Oyegun in Fresh Showdown - The National Chairman of the All Progressives Congress (APC), John Odigie-Oyegun, and the party's National Working Committee (NWC) have been accused of plotting to remove the party's National Chairman, Adams Oshiomhole.
  4. Nigeria's Economy in Recession: CBN Raises Interest Rate to 14% - The Central Bank of Nigeria (CBN) has raised the interest rate to 14% to curb inflation and stabilize the economy, which has been in recession since the second quarter of 2016.
  5. Boko Haram: Military Kills 100 Insurgents in Borno - The Nigerian military has killed over 100 Boko Haram insurgents in a recent operation in Borno State, according to the Theatre Commander of Operation Lafiya Dole, Major General Leo Irabor.

OTHER STORIES

  1. Nigerian Army Promotes 3,000 Officers - The Nigerian Army has promoted 3,000 officers, including 12 brigadier-generals, to higher ranks.
  2. FG to Establish 10 New Universities - The federal government has announced plans to establish 10 new universities across the country to address the shortage of tertiary institutions.
  3. Nigeria's Inflation Rate Rises to 18.3% - The inflation rate in Nigeria has risen to 18.3% in October 2016, according to the National Bureau of Statistics (NBS).
  4. APC Governors Meet in Abuja Over Party Crisis - Governors of the All Progressives Congress (APC) have met in Abuja to discuss the crisis rocking the party.
  5. Nigerian Stock Exchange Loses N1.4tr in 2016 - The Nigerian Stock Exchange (NSE) has lost N1.4 trillion in 2016, according to the NSE's market capitalization data.