Tuesday 8th November 2016

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Foreign Capital Importation Rebounds to $1.82bn in Q3 UK, US, Netherlands account for largest inflows James Emejo in Abuja The total value of capital imported into the country grew by 74.84 per cent to $1.82 billion in the third quarter (Q3)

of the year, but dropped by 33.70 per cent relative to the third quarter of 2015, the National Bureau of Statistics (NBS) stated yesterday. The highest level of capital

importation since July 2016 was in August, when $894.00 million was recorded. In September, $649.76 million was imported, which was still more than any month in the

first and second quarters, the NBS stated. The development marked the growing confidence of international investors in the Nigerian economy, following

the liberalisation of the foreign exchange market. According to the Nigerian Capital Importation Third Quarter 2016 report released by the agency, of the 34 countries

that actively participated in investing in the country in the period under review, the United Kingdom accounted Continued on page 6

Banire Offers to Step down as APC Legal Adviser over EFCC Probe… Page 10 Tuesday 8 November, 2016 Vol 21. No 7873. Price: N250

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Americans Head to the Polls Today in Historic Election Clinton, Trump in last minute push to win race

Zacheaus Somorin with agency report

See more stories on Page 8

After the long, bitter, divisive and gruelling election campaigns, Americans will head to the polls today in a historic election that will determine who leads the world’s only super power

and largest economy for the next four years. The battle between the Democratic Party’s candidate, Hillary Clinton, and the Republican candidate, Donald Trump, will be eagerly watched

Makarfi-led PDP Kick-starts Move to Form New Political Alliance

by the rest of the world waiting with baited breath for the outcome of the election. No US election in recent history has generated as much interest around world like the 2016 election. Not even President Barack Obama’s historic candidacy in 2008 came close.

The campaigns of both candidates were charaterised by lewd and incendiary language, email scandals, WikiLeaks, racism, sexual harassment and misogyny, leaked questions ahead of debates, hyperbole and outright Continued on page 6

Clinton

Trump

Sets up 85-man c’ttee, to court ex-party members in APC A’Court in marathon hearing on Ondo crisis, sitting resumes today Tobi Soniyi, Onyebuchi Ezigbo in Abuja and James Sowole in Akure Amidst the unresolved intraparty crisis within its fold, the Peoples Democratic Party (PDP) may have decided to chart a

new course by setting in motion a process that would eventually lead to the formation of a new political alliance ahead of the 2019 general election. Continued on page 6

FG Warns IOCs Not to Treat Nigeria Like ‘Trading Colony’… Page 11

ETISALAT REWARDS YOUNG INNOVATORS…

L-R: Chief Executive of Main One Cable, Ms. Funke Opeke; the winning team, 2016 Etisalat Prize for Innovation Product and Service Category, Ojeniyi James and Oluwole Gbenga; Chief Executive Officer, Etisalat Nigeria, Matthew Willsher; and Director General, National Office for Technology Acquisition and Promotion (NOTAP), Dr. DanAzumi Ibrahim, at the 2016 Etisalat Prize for Innovation award ceremony in Lagos… recently


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