THE
DAILY
Again, Customs intercepts 440 Pump Action riffles in Lagos
TIMES
NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts
NSE QUICK BITE
dailytimesng
Ï Stakeholders demand detailed investigation Babajide Okeowo and Joy Anyim
ÏÏÏ Barely few months after the
Federal Operations Unit (FOU) of the Nigeria Customs Service, (NCS) intercepted 660 pieces of pump action riffles at Apapa port in Lagos, the service has again in-
tercepted 440 pieces of the riffles at the Tin Can Island Port in Lagos. While displaying the guns to journalists at the Tin Can Island Command of the service, Zonal Coordinator of Zone A’ of NCS, Continued on page 6
GAINERS AS AT May 23, 2017
LOSERS AS AT May 23, 2017
Nigeria not out of recession yet –NBS PZ
18.90
19.00 0.53%
GUARANTY
32.00
N150
WEDNESDAY, MAY 24, 2017 VOL. 3. NO. 371
www.facebook.com/dailytimesngr
32.13
0.41%
UBA
7.22
6.99
-3.19%
Ï Says economy contracted by 0.52 percent in Q1 Ï NBS figures show economy emerging slowly out of recession -Presidency Ï We’ll be out by Sept, says CBN ÏÏÏ As MPC retains MPR at 14%, CRR 22.5, LR 30%
FCMB
1.15
1.10
-4.35%
Mathew Dadiya, Abuja and Motolani Oseni, Lagos
ÏÏÏ
Contrary to reports from the World Bank and the International Monetary Fund (IMF) that the Nigerian economy would come out of recession in 2017, the National Bureau Statistics on Tuesday contradicted these projections as it released the Gross Domestic Product (GDP) report for the first quarter of 2017, which showed that the economy contracted by 0.52 percent year-on-year. Continued on page 6
FAAC: FG, States, LGAs share N415.730bn for April 12
$1bn Malabu scandal: FG drags Jonathan, Etete to UK court 12
Corrupt elite doing everything to escape punishment 6 –Magu L-R: Shell Performance and Social Investment Manager, Pastor (Mrs.) Gloria Udoh; Manager, Ogoni Restoration Project, Mr. Vincent Nwabueze; Executive Director, Miss Nigeria Organisation, Dr. May Ikeora; Miss Nigeria, Chioma Obiadi; Shell GM, External Relations, Mr. Igo Weli and Manager, Stakeholder Relations, Dr. Alice Ajeh, as Shell sponsors the Miss Nigeria Green-Girl Project, during a courtesy visit to the Headquarters of Shell, in Port Harcourt, Rivers State …on Tuesday.
Presidency dismisses reports on Coup plot
7