Read today's newspaper headlines [Wednesday, April 22 2016]

For today, April 22 2016:

THE GUARDIAN NEWSPAPER

Drama as Saraki’s counsel dares CCT chairA timely intervention of the prosecution counsel, Rotimi Jacobs (SAN) yesterday prevented a mild drama at the ongoing trial of Senate President Bukola Saraki at the Code of Conduct Tribunal (CCT) from taking a turn for the worse and disrupting proceedings. READ MORE

Senate in stormy session, wants Buhari to sign budgetIn a ‎stormy closed-door session yesterday, the Senate resolved to persuade President Muhammadu Buhari to sign the 2016 budget and later submit an amendment proposal to the National Assembly to correct identified lapses. READ MORE

Crude prices hit $46 a barrel record-year highCrude oil prices hit a year-record high of $46 a barrel yesterday, giving Nigeria a buffer of $8 over its $38 a barrel 2016 budget benchmark, a feat, which it has not attained since January. READ MORE____________________________________

THE NATION NEWSPAPER

Relief for states as Buhari suspends loans deductionWorkers who have gone on for many months without salaries got yesterday a piece of cheery news. READ MORE

Police arrest woman, 60, for buying five babies at N5mA 60-year-old woman, Asabi Adebayo, has been arrested by the police in Oyo State for allegedly buying five babies at N5million from Port-Harcourt, Rivers State. READ MORE

CCT throws out Saraki’s motion querying Umar’s integrityLead prosecution lawyer Rotimi Jacobs (SAN), interjected and said the application had not received the approval of the lead defence lawyer, Kanu Agabi (SAN), who was absent at the proceedings. READ MORE______________________________________

VANGUARD NEWSPAPER

Some orphaned IDP kids don’t know where they came from – BuhariABUJA—President Muhammadu Buhari has described the number of Internally Displaced Persons, IDPs and Nigerian refugees as frightening. READ MORE

Workers salaries: FG rescues states, suspends April loan repayment deductionsABUJA — Respite has come the way of the 36 states as the Federal Government, Tuesday, suspended deductions periodically made from various loans given to the states to enable them pay workers’ salaries and stabilise their economies. READ MORE

$2.1bn cash: EFCC detains ex-Finance minister UsmanAbuja— Former Finance Minister, Mrs Esther Nenadi Usman, was yesterday, taken into custody by operatives of the Economic and Financial Crimes Commission, EFCC, for allegedly receiving N2.5 billion of the N4 billion taken out of the Central Bank of Nigeria, CBN, on the orders of the former National Security Adviser, Sambo Dasuki, in the heat of the 2015 election. READ MORE______________________________________

BUSINESS DAY NEWSPAPER

Nigeria’s economy choking under pangs of politicsNigeria’s foreign exchange crisis and the insistence of President Muhammadu Buhari to conduct an inflexible exchange rate policy now better define the struggle for survival in Africa’s largest economy where economic activities have slowed considerably with resultant job losses as investors watch in despair. Nigeria failed to take advantage of the goodwill and momentum generated… READ MORE

Poor innovation in packaging industry hurting FMCGsNigeria’s Fast-Moving Consumer Goods (FMCGs) are hard hit by low level of innovation in the local packaging industry, which hurts sales and profits. “When I go to Nigerian supermarkets, I see a lot of evolutions. What I see in Nigeria is thicker packaging. People tend to think that the thicker it is the more sustainable… READ MORE

States get another bailout to pay workers salariesNigeria’s 36 states were offered yet another financial bailout by the Federal Government yesterday in a fresh bid to reflate the beleaguered economy. Yesterday’s bailout came in the form of an informal restructuring of the loan obligations of the states which they do not now have to repay for an unspecified period of time… READ MORE