Read today's newspaper headlines [Tuesday, August 16, 2016]

For today, August 16 2016:

THE GUARDIAN NEWSPAPER

Government probes death of suspect in EFCC custody

The Attorney General and Minister of Justice, Abubakar Malami, has ordered an independent inquiry into how a suspect, Desmond Nunugwo, died in the custody of the Economic and Financial Crimes Commission (EFCC). READ MORE

Fresh trouble for PDP over court verdicts on convention

From two different courts of equal jurisdiction came yesterday conflicting verdicts that have cast doubt on the holding of the national convention of the Peoples Democratic Party (PDP) tomorrow. READ MORE

Three on wanted list accuse military of mischief

The three persons declared wanted in connection with the kidnapped Chibok girls have accused the military of mischief

THE VANGUARD NEWSPAPER

Why military can’t swap terrorists for Chibok girls

ABUJA—The Chief of Defence Staff, General Abayomi Olonishakin, said, yesterday, that the business of swapping abducted Chibok schoolgirls for Boko Haram insurgents was not that of the military, vowing that operations against the sect would continue. READ MORE

Ambode signs anti-land grabbing bill into law, offenders risk 21-yr jail term

Lagos—Governor Akinwunmi Ambode of Lagos State, yesterday fulfilled his pledge of making the menace of land grabbing in Lagos a thing of the past with the signing of the Lagos State Properties Protection Law, stipulating 21 years jail term for convicts. READ MORE

Our economic policies are in right direction, CBN replies el-Rufai

ABUJA—CENTRAL Bank of Nigeria, CBN, has reiterated that its current economic policies were in the right direction to rescue the dwindling economic situation in the country. Governor of CBN, Mr Godwin Emefiele, who faulted critics of the apex bank’s policies, said the bank was operating the best policies needed to address the present economic crisis in Nigeria. READ MORE

THE NATION NEWSPAPER

PDP convention: Courts give conflicting rulings

Uncertainty reigned yesterday over tomorrow’s Peoples Democratic Party (PDP) convention slated for Port Harcourt, the Rivers State capital. READ MORE

Mama Boko Haram, Bolori surrender

Hours after they were declared wanted, Mrs Aisha Wakil aka Mama Boko Haram, and a lawyer, Ahmed Bolori, yesterday surrendered to the military.

Mimiko’s commissioner, aide join APC

Ondo State Commissioner for Community Development and Cooperative Services Mrs Yetunde Adeyanju has resigned her appointment.

THE PUNCH NEWSPAPER

Jibrin won’t escape punishment, says chief whip

The Chief Whip of the House of Representatives, Mr. Alhassan Ado-Doguwa, said on Monday that a former Chairman, House Committee on Appropriation, Mr. Abdulmumin Jibrin, would not escape punishment for “bringing the image of the legislature into disrepute.” READ MORE

Chibok girls: Split in Boko Haram threatens swap deal

There were strong indications on Monday that the Federal Government was in a dilemma over the faction of the Boko Haram sect, it should hold talks with. READ MORE

Edo PDP, APC bicker over Obaseki’s missing certificates

The Peoples Democratic Party and its All Progressives Congress counterpart in Edo State on Monday traded words over the academic certificates of the governorship candidate of the APC, Godwin Obaseki, which he allegedly declared missing in a sworn affidavit.

THE BUSINESS DAY NEWSPAPER

How oil sector crumbled, pushing Nigeria to brink of recession

Crude oil production levels in Nigeria, Africa's one time largest producer, has fallen to between one million and 1.2 million barrels daily, wrecked by militancy and the more fundamental elements of the failure of government policies over the years, according to several oil industry sources.

Proposed upgrade of IST drums up divergent views from analysts

In a new bill presently before the House of Representatives, Nigeria seeks to upgrade its investment and superior court of record and confer on it, jurisdiction and sole powers to entertain capital market criminal matter, when the law is finally enacted.

Fixed income dealers eye inflation figure ahead of bound auction

Nigeria's fixed income dealers are cautiously taking positions in the bond market, ahead of Wednesday's auction by the Debt Management Office (DMO), with their eyes on the expected higher inflation figure to be released later this month by the National Bureau of Statistics (NBS).