Read today's newspaper headlines [Thursday, July 14, 2016]

For today, July 14 2016:

THE GUARDIAN NEWSPAPER

I have powers to prosecute anybody, AGF tells Senate

At last, the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami yesterday honoured the Senate’s invitation to appear before it to answer questions relating to the forgery trial against its president, Alhaji Abubakar Bukola Saraki, his deputy, Chief Ike Ekweremadu and others.

Court voids, reverses electricity tariff hike

A Federal High Court in Lagos declared the upward review of tariff by the National Electricity Regulation Commission (NERC) illegal and directed a reversal to the status quo. READ MORE

National Assembly under pressure to restructure Nigeria

As the two chambers of the National Assembly intensify efforts to subject the Constitution to another round of amendment, they have come under pressure to consider popular requests and agitation for the restructuring of the Nigerian nation.

THE VANGUARD NEWSPAPER

Dino Melaye, a disgrace to the Senate -Tinubu

ABUJA— Former governor of Lagos State and National Leader of the All Progressives Congress, APC, Bola Tinubu, yesterday, described Dino Melaye as a disgrace to the Senate. READ MORECourt annuls 45% electricity tariff hike

A Federal High Court sitting in Lagos, yesterday, annulled the increment in electricity tariff recently announced by the Nigerian Electricity Regulatory Commission, NERC. Trial judge, Justice Mohammed Idris in his judgment in the suit by a human rights lawyer, Mr. Toluwani Adebiyi, challenging the increment, described NERC’s action as procedurally ultra vires, irrational, irregular and illegal. READ MORE$200bn scam: EFCC seals First Group office in Abuja

After many months of investigating the atrocities allegedly committed by the First Group, a property firm said to be based in Dubai, United Arab Emirate, the Economic and Financial Crimes Commission, EFCC, yesterday, closed down the Abuja Office of the entity, accusing it of fleecing unsuspecting Nigerians to the tune of $200 billion.

THE NATION NEWSPAPER

APC: pro-Saraki senators’ anti-Buhari threat a joke

The All Progressives Congress (APC) —the party that produced President Muhammadu Buhari and majority of senators — defended the president against allegations that he was behind the forgery and false asset declaration case filed against Senate President Bukola Saraki. READ MORE

Melaye under fire for attacking Senator Tinubu

Kogi West Senator Dino Melaye came under attack yesterday for charging at Senator Oluremi Tinubu during the executive session of the Senate on Tuesday. READ MORE

Low revenue threatens Budget 2016, says govt

Senators were yesterday told that the Federal Government cannot fully implement the N6.06 trillion 2015 budget as passed by the National Assembly and assented to by President Muhammadu Buhari.

THE PUNCH NEWSPAPER

Afenifere, Ohanaeze, APC, others condemn threat to impeach Buhari

The All Progressives Congress has described reports of a plot by some Senators to impeach President Muhammadu Buhari as laughable and a “huge joke taken too far.” READ MORE

Era of free, easy money gone for good –Buhari

President Muahmmadu Buhari on Wednesday said that the era of free and easy money in the country had gone for good. Bahari made this known when he inaugurated road and drainage projects in Tsafe Local Government Area of Zamfara State. READ MORE

Lagos APC, senators knock Melaye for attacking Tinubu

The Lagos State chapter of the All Progressives Congress has berated the lawmaker representing Kogi-West senatorial district, Senator Dino Melaye, for allegedly threatening to attack Senator Oluremi Tinubu, the wife of the National Leader of the APC, Bola Tinubu. READ MORE

BUSINESS DAY NEWSPAPER

Downtown, govt actions put banks in a tight fix

Nigerian banks are facing a challenging operating environment that is being compounded by macro uncertainty from some government policy actions.

More trouble for states as billion naira airports fail

Nigerian state governments which are currently facing fiscal crises as oil prices collapse have compounded their problems with unviable white elephant air projects, mostly undertaken with borrowed funds.

NASD, LMC open capital raising window for Nigerian football clubs

The future and ownership of Nigerian football clubs will soon enter into a new territory following Wednesday's agreement by the NASD OTC securities exchange and the league management company (LMC) for willing local clubs to raise capital through the NASD OTC platform.