Read today's newspaper headlines [Friday, October 28, 2016]

For today, October 28 2016:

THE GUARDIAN NEWSPAPER

National Assembly takes over control of CCB, CCT from Presidency

The National Assembly yesterday transferred the power of the president to control the Code of Conduct Bureau (CCB) and the Code of Conduct Tribunal (CCT) to itself.

INEC okays Jimoh Ibrahim as Ondo PDP candidate

The Independent National Electoral Commission (INEC) yesterday in Abuja confirmed Mr. Jimoh Ibrahim as the candidate of the Peoples Democratic Party (PDP) for the November 26 governorship election in Ondo State.

Court dismisses Saraki’s appeal against CCT

The Abuja Division of the Court of Appeal has again declared that the Code of Conduct Tribunal (CCT) has prosecutorial power to try Senate President Bukola Saraki on charges of false assets declaration brought against him by the Federal Government.

THE VANGUARD NEWSPAPER

Oil, gas sector, key ways out of economic recession – Buhari

Despite the crash in the prices of crude oil in the international market, President Muhammadu Buhari, yesterday, stated the oil and gas industry still remains a critical panacea to Nigeria’s economic woes.

Court restrains INEC from removing Jegede’s name

The Independent National Electoral Commission INEC last night declared Jimoh Ibrahim as the candidate of the Peoples Democratic Party PDP in the forthcoming governorship election in Ondo State.

Fury as NASS takes control of CCB/CCT

THE Senate, yesterday, passed the Code of Conduct (amendment) Bill 2016, with the National Assembly taking over the power to appoint staff of the Code of Conduct Bureau, CCB and Code of Conduct Tribunal, CCT, from the Presidency.

THE NATION NEWSPAPER

Senate to seize Conduct Tribunal from President

SENATORS passed yesterday the controversial amendment to the Code of Conduct Bureau and Tribunal Act.

How we moved N1.2b cash for Fayose, by witness

The prosecution opened its case yesterday in the trial of Abiodun Agbele, an aide to Ekiti State Governor Ayodele Fayose, with the testimony of its first witness Mr. Sunday Oluseye Alade.

Crackdown on judges: Ribadu tells NJC to cooperate with DSS, EFCC

THE pioneer Chairman of the Economic and Financial Crimes Commission (EFCC), Mallam Nuhu Ribadu, yesterday asked the National Judicial Council (NJC) to cooperate with the Department of State Service (DSS) and the anti-graft agency in the ongoing war against corrupt judges.

THE PUNCH NEWSPAPER

Again, Appeal Court asks Saraki to face CCT trial

The Court of Appeal in Abuja on Thursday dismissed an appeal filed by Senate President, Dr. Bukola Saraki, to challenge his ongoing trial on charges bordering on asset declaration breaches.

INEC names Jimoh Ibrahim as PDP candidate, Makarfi kicks

The Independent National Electoral Commission has named Mr. Jimoh Ibrahim as the candidate of the Peoples Democratic Party for the November 26 governorship election in Ondo State.

$2.1bn arms cash: Ex-leaders, top monarchs, clerics among beneficiaries

There were indications on Thursday that former Nigerian leaders, traditional and religious leaders from across the country were listed as beneficiaries of the $2.1bn arms funds in the final report of the Presidential panel which probed military contracts from 2007 to 2015.

THE BUSINESSDAY NEWSPAPER

ExxonMobil discover a billion barrel oil field offshore Nigeria

Nigerians received some good news about its crisis plagued oil and gas sector yesterday 27 October, when ExxonMobil announced the discovery of an oil field offshore Nigeria, projected to contain as much as one billion barrels of crude oil reserves.

Dangote Cement shrugs off recession, as profit leaps 147%

Despite shrinking company profits in Africa's biggest economy, Dangote Cement (Dangcem)'s third quarter earnings showed that its Profit After Tax (PAT) rose by 147 percent to N68.3 billion in 2016.

Credibility crisis hits new governance code

A credibility crisis is brewing over a two-week old corporate governance code introduced by the Financial Reporting Council of Nigeria (FRCN) as the Federal Government said on Wednesday, 27 October, that the guidelines are far from being final and ready for implementation, despite the FRCN saying the codes took effect from 17 October.