Read today's newspaper headlines [Tuesday, April 28, 2015]

For today, Tuesday, April 28, 2015:

VANGUARD NEWSPAPER

NNPC’s missing $20bn: I’ve nothing to hide, says Jonathan

President Goodluck Jonathan has said that he has nothing to hide as regards the alleged missing $20 billion oil fund. READ MORE…

Hate campaign: Buhari fights back, bars AIT from covering activities

President-elect, Muhammadu Buhari has reportedly barred African Independent Television (AIT) from covering his activities. READ MORE…

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THE GUARDIAN NEWSPAPER

How Buhari can tackle graft, governance by Oyebola, others

BARELY five weeks to his swearing-in, President-elect, Major-Gen. Muhammadu Buhari (rtd), may be studying a document, the implementation of which may spell harsh times for corrupt politicians, slash salaries of political office holders and drastically reduce the cost of governance.

Ondo Assembly impeaches Deputy Governor, Ali Olanusi

Alhaji Olanusi was impeached by the State House of Assembly on Monday, April 27, 2015. READ MORE…

I have nothing to hide over alleged missing $20b, says Jonathan

This comes after President-elect, Muhammadu Buhari stated that his administration would still probe the allegations of missing money despite an audit ordered by Jonathan. READ MORE…

Nepal quake deaths hit 3,900

Officials have warned that the number of casualties could rise as rescue teams reach remote mountainous areas of western Nepal. READ MORE…

NIPP set for second phase restructuring, targets 4,000MW

THE Niger Delta Power Holding Company (NDPHC) has announced a minor review of its management structure, as the organisation prepares to launch out into the second phase of its operations.

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THISDAY NEWSPAPER

PwC Report: No $20bn missing but cites several infractions by NNPC

The audit did not mention any missing funds, only requiring NNPC’s exploration and production (E&P) subsidiary – the Nigerian Petroleum Development Company – to remit $1.48 billion to the Federation Account, the report did raise many pertinent questions.

UBA on path to improved profitability, management assures shareholders

Pan-African financial services group, United Bank for Africa (UBA) Plc’s significant 36 per cent growth in the first quarter pre-tax profit is a clear indication that the bank is firmly on the path to delivering improved returns to shareholders despite rising volatility in global markets.

Buhari bans AIT from covering his activities

Members of Buhari’s security detail were said to have, on April 27, 2015, prevented AIT correspondent, Tinabeso Bebei from covering the President-elect’s functions. READ MORE…

Ondo gets new Deputy Governor

Commissioner for Agriculture, Lasisi Oluboyo was nominated by Mimiko today, April 27, 2015 following the impeachment of former Deputy Governor, Ali Olanusi. READ MORE…

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BUSINESS DAY

Stockbrokers fear spillover as SEC investigates BGL books

Stockbrokers and jobbers who currently do deals with BGL plc, one of the top operators in the Nigerian capital market and investment banking space are caught up in a wave of anxiety, following recent intervention by the Securities and Exchange Commission (SEC) in the operations of the ‘big market operator.’

Jonathan orders release of full forensic audit report on NNPC’s Account

The audit was undertaken by PriceWaterHouseCooper after allegations made by former Central Bank Governor, Sanusi Lamido Sanusi that the NNPC had failed to remit $20 billion into the Federation Account. READ MORE…

Analysts blame recruitment bias, poor orientation for low productivity in civil service

For the in-coming administration of Muhammadu Buhari, the President-elect, to have a functional civil service that will aid governance and raise productivity in the economy, the administration will have to embark on comprehensive reforms that will right the many wrongs in the system, analysts have advised.

Nigerian mobile apps drown in sea of global content

Nigerian developers are struggling to generate revenue despite the massive potential of mobile software applications development in the area of wealth creation.