THE
DAILY
Banks scale down on loans to check reckless spending
TIMES
NIGERIA INDEPENDENT NEWSPAPER. EST. 1926 WWW.DAILYTIMES.NG https://plus.google.com/+DailytimesNgr/posts
dailytimesng
10.03
10.83
7.98%
STANBIC
ÏÏÏ
Commercial and microfinance banks operating in the country have either slashed loans in December or halted disbursement till early 2017 in order to checkmate financial recklessness
14.92
Continued on page 12
4.96%
5
THURSDAY, DECEMBER 29, 2016 VOL. 2. NO. 266
NSE QUICK BITE 15.66
usually associated with festive season as Christmas to take care of routine needs, investigation by Daily Times has revealed. In preparation for such annual festivity, spending usually esca-
Train crashes into trailer in Kaduna
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GAINERS AS AT December 28, 2016 CADBURY
Motolani Oseni
ETI
10.88
N150
LOSERS AS AT December 28, 2016 10.34
-4.96%
GUINNESS
84.30
80.00
-5.10%
Airline operators worry over dearth of navigational aids Ï Disclose that 48 years ago, aircraft landed in zero visibility at Heathrow Airport Ï Regret that today, same can’t happen in Nigeria even at 800 metres’ visibility Ï Decry flight returns, cancellations, diversion to neighbouring countries Ï Blame situation on over-bloated workforce, lavish lifestyle of top officials Ï Challenge aviation authorities to be alive to their responsibilities
Ambode offers amnesty to cultists
12
Chukwuemeke Iwelunmo
ÏÏÏ Airline
Operators of Nigeria (AON), yesterday, expressed displeasure at the deplorable state of navigational aids at airports across the country, which makes flying in the NigeriContinued on page 6
Civil servants yet to resume work after Christmas break 6
Army arrests 1,240 Boko Haram suspects in Sambisa forest 12
L-R: Governor Okezie Ikpeazu of Abia State; his deputy, Sir Ude Oko Chukwu; and immediate past governor of the state, Senator T.A Orji, during the swearing in of the newly elected Chairmen of the 17 Local Government Areas in the state....Wednesday.
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Give N1,000 to help make the life of an Internally Displaced Person better December 16th - 31st Let’s get one million caring Nigerians to donate towards Nigeria’s Humanitarian Response Plan for 2017. This fund will help reduce mortality, malnutrition and disease.
Strike paralyses 6 activities at Kano Orthopaedic hospital