Read today's newspaper headlines [Thursday, September 1, 2016]

For today, September 1 2016:

THE GUARDIAN NEWSPAPER

Why recession may persist

From muted speculations to official confirmation, the message is the same: Nigeria is fully in economic recession. READ MORE

Facebook boss says mobile apps will dominate future

Facebook founder Mark Zuckerberg has predicted that except for some necessary materials like clothes, chairs and buildings, many things in the future would be on mobile applications.

Dangers of watching today’s solar eclipse with naked eyes

As the country witnesses the eclipse of the sun today, experts have warned against watching it with naked eyes. READ MORE

THE VANGUARD NEWSPAPER

Economic recession worse than expected – National Bureau of Statistics

ABUJA—Nigeria’s economy came under renewed tension, yesterday, as fresh reports on key fundamentals, including Gross Domestic Product, GDP; inflation, employement/ unemployement, capital importation, among others, were worse than expected.

FG Okays more external borrowings, says it’s certain about how to turn economy around

The Federal Government says it is focused on how to turn around the nation’s economy despite the staggering economic situation, which has pushed inflation to a double digit of 17.1.Bauchi bailout funds: Dogara lied against me – Gov Abubakar

ABUJA—Governor Mohammed Abubakar of Bauchi State has denied tampering with the bailout funds given to the state by the Federal Government.

THE NATION NEWSPAPER

Finance minister: this is our worst possible time

The full picture of Nigeria’s economic gloom was laid bare yesterday. READ MORE

Halliburton scandal: EFCC traces N13.5b to private account

The Economic and Financial Crimes Commission (EFCC) has uncovered how $32.5million of about $200million fines from Halliburton Energy Services was allegedly paid into a private account.

Tinubu: let’s close ranks for victory in Ondo

All Progressives Congress (APC) National Leader Asiwaju Bola Ahmed Tinubu yesterday urged party members in Ondo State to unite and support the winner of the party’s ticket. READ MORE

THE PUNCH NEWSPAPER

EFCC grills Ogunlewe over N250m FUNAAB funds scam

The Economic and Financial Crimes Commission on Wednesday interrogated a former Minister of Works and current Pro-Chancellor of the Federal University of Agriculture, Abeokuta, Ogun State, Senator Adeseye Ogunlewe. READ MORE

Kuje riot: NPS plans forensic test on recovered handsets

The Nigerian Prisons Service would subject handsets and SIM cards that were recovered from the Kuje Prison inmates including a Boko Haram prisoner to forensic analysis, The PUNCH learnt on Wednesday. READ MORE

Sagay panel begins probe into budget padding, meets Jibrin

The Presidential Advisory Committee Against Corruption, led by Prof. Itse Sagay, on Wednesday, said it had begun “meeting” on the documents submitted to it on the budget padding scandal by leaders of the House of Representatives. READ MORE

THE BUSINESS DAY NEWSPAPER

Nigeria's GDP slump self inflicted, say analysts

Nigeria's ongoing economic meltdown would not have been as deep or prolonged if not for self inflicted wounds that worsened a bad but manageable slump in crude prices.

Economic crisis claims first domestic airline

Nigeria's economic meltdown has claimed its first victim as Aero Contractors, the oldest operating airline in the country, today suspended flight operations indefinitely. READ MORE

Cement makers justify price increase

Cement manufacturers in Nigeria are giving reasons for the recent increase in the price of the commodity which is the base material for building and construction.