Pulse Frontpage Read today's newspaper headlines [Wednesday, May 20, 2015]

Find out what is making headlines all over the country from the covers of The Punch, Vanguard, The Guardian and more.

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Pulse brings you front page stories from Nigeria’s leading newspapers on a day-to-day basis.

Find out what is making headlines all over the country from the covers of The Punch, Vanguard, The Guardian and more.

For today, Wednesday, May 20, 2015:

THE PUNCH NEWSPAPER

Okonjo-Iweala, govs clash over $20bn ECA funds

The Nigeria Governors’ Forum (NGF) has asked Minister of Finance, Ngozi Okonjo-Iweala to explain how the $20 billion excess crude fund was disbursed. READ MORE…

APC won’t use zoning to pick Senate President- Akande

Contrary to expectations, a former acting National Chairman of the All Progressives Congress, Chief Bisi Akande, has said that the party will not choose the next President of the Senate through zoning.

Toyota Nigeria recalls Yaris, Hilux over faulty airbags

Toyota Nigeria Limited has announced the recall of two of its fastest selling models, Yaris and Hilux, to fix some faults noticed with their airbags.

FG asks Bayelsa CJ to inaugurate Wike May 29

The Federal Government has asked the Chief Judge of Bayelsa State, Justice Kate Abiri, to swear in Rivers State Governor-elect, Nyesom Wike, on May 29, 2015. READ MORE…

Anxiety as Jonathan, ministers hold last FEC meeting

Anxiety on Tuesday gripped ministers and other top government officials in Abuja ahead of the last meeting of the Federal Executive Council under the Goodluck Jonathan administration scheduled to hold on Wednesday (today).

Suicide bomber kills nine in Adamawa

The explosion was set off by a suicide bomber who blew himself up near the livestock market in the area on Tuesday, May 19, 2015. READ MORE…

Niger lawmakers get N17m each, stop gov’s removal

Lawmakers in Niger State have reportedly stopped impeachment moves against Governor Babangida Aliyu after allegedly receiving N17 million each. READ MORE…

APC asks EFCC to probe Kaduna gov

The Kaduna State All Progressives Congress’ Transition Committee has asked the Economic and Financial Crimes Commission to probe what it described as the last-minute looting of the state’s treasury by the outgoing governor, Mukhtar Yero.

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VANGUARD NEWSPAPER

Govs reunite to fight Okonjo-Iweala

The governors, in a communique issued on Tuesday, May 19, 2015, demanded that Okonjo-Iweala explain how the $20 billion excess crude funds were spent. READ MORE...

May 29: FG orders Bayelsa CJ to swear in Wike as Rivers Gov

This was disclosed via a press statement released by the Attorney-General of the Federation and Minister of Justice, Mohammed Adoke. READ MORE…

Chibok girls living in bunkers – Shettima

Borno State Governor, Kashim Shettima, has said that Boko Haram terrorists might have hidden the missing Chibok girls in underground prisons in Sambisa Forest. READ MORE…

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THE GUARDIAN NEWSPAPER

Nigeria, seven others to begin Ebola vaccine trial

Nigeria is one of eight African countries where clinical trials of a vaccine for the Ebola virus disease will soon commence. The others are Liberia, Sierra Leone, Guinea, Cameroun, Ghana, Mali and Senegal.

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THISDAY NEWSPAPER

In renewed offensives, Boko Haram kills 22 persons, injures many in Adamawa

9 people are said to have died in a bomb blast which hit the Garkida area of Adamawa State on Tuesday, May 19, 2015. READ MORE…

Govs, Okonjo-Iweala disagree on excess crude account

The Nigeria Governors’ Forum (NGF) has asked Minister of Finance, Ngozi Okonjo-Iweala to explain how the $20 billion excess crude fund was disbursed. READ MORE…

CBN retains interest rate at 13%, harmonizes CRR at 31%

The Central Bank of Nigeria's (CBN's) monetary policy committee (MPC) on Tuesday  harmonised both the private sector and public sector cash reserve requirements (CRR) at 31 per cent.

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THE NATION NEWSPAPER

Okonjo-Iweala gets query on $20bn oil cash spending

The sum, according to the NGF, represents the total amount of accruals for the Excess Crude Account in the past two years. READ MORE...

Eight kidnap suspects arraigned in Oyo

Eight suspects arrested for allegedly kidnapping a business man, Chief Adebowale Omotoso, have been arraigned in court.

Health workers begin nationwide strike

Health workers under the aegis of Nigerian Union of Allied Health professionals (NUAHP) in all government hospitals across the country on Tuesday declared the commencement of an indefinite strike.

More funds for banks as CBN harmonizes CRR at 31%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has harmonised the Cash Reserve Ratio (CRR) deposits to a uniform 31 per cent.

AGF drafts Bayelsa Chief Judge to swear in Wike

The Federal Government has asked the Chief Judge of Bayelsa State, Justice Kate Abiri, to swear in Rivers State Governor-elect, Nyesom Wike, on May 29, 2015. READ MORE…

Kidnappings: Ekiti doctors withdraw emergency services

The Nigerian Medical Association (NMA), Ekiti State chapter, has withdrawn its members from hospitals in Ekiti State following unresolved kidnappings of its members.

Akande: APC won’t zone Senate President, Speaker

Former All Progressives Congress (APC) Interim Chairman Chief Bisi Akande yesterday said that the party has not zoned the Senate President to any geo-political zone, urging senators-elect and other stakeholders to beware of speculations.

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DAILY SUN NEWSPAPER

PDP, APC govs team up to fight Jonathan

The Nigeria Governors’ Forum (NGF) has asked Minister of Finance, Ngozi Okonjo-Iweala to explain how the $20 billion excess crude fund was disbursed. READ MORE…

Mu’azu, PDP NWC sabotaged President – Fani Kayode

Former Aviation Minister, Femi Fani-Kayode has said that two members of the Peoples Democratic Party (PDP) were working for the All Progressives Congress (APC) during the recently concluded general elections. READ MORE…

Police bar Enugu Speaker from entering Assembly complex

In spite of a court order in their favour, the Speaker of the Enugu State House of Assembly, Rt. Hon. Eugene Odo and 14 members loyal to him were yesterday barred by the police from gaining entry into the Assembly complex.

Mayhem in Oke-Afa in Lagos

There was pandemonium at Oke-Afa in Isolo area of Lagos yesterday, as touts and street urchins, otherwise called area boys, clashed with operators of commercial motorcycles, popularly known as okada riders, and tricycle operators.

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NATIONAL MIRROR NEWSPAPER

NGF to Okonjo-Iweala: Account for $20bn excess crude fund

The Nigeria Governors’ Forum (NGF) has asked Minister of Finance, Ngozi Okonjo-Iweala to explain how the $20 billion excess crude fund was disbursed. READ MORE…

CBN harmonizes CRR at 31%, retains 13% MRR

Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, yesterday rose from its two-day meeting in Abuja, harmonising the Cash Reserve Ratio, CRR, on deposits to a uniform 31 per cent and retention of the Monetary Policy Rate,MPR, at 13 per cent.

Adoke directs Bayelsa CJ to swear in Wike in Rivers

This was disclosed via a press statement released by the Attorney-General of the Federation and Minister of Justice, Mohammed Adoke. READ MORE…

NLC urges Buhari to dislodge oil cabal

Nigeria Labour Congress, NLC, yesterday urged the incoming administration of Gen. Muhammadu Buhari (rtd) to address the inherent corruption in the petroleum sector.

Kerry to attend inauguration of new government

President Barack Obama of the United States has named Secretary of State, John Kerry, to lead the American government delegation to the inauguration of Muhammadu Buhari as Nigeria’s president.

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NEW TELEGRAPH NEWSPAPER

How Mu’azu, others betrayed Jonathan

Former Aviation Minister, Femi Fani-Kayode has said that two members of the Peoples Democratic Party (PDP) were working for the All Progressives Congress (APC) during the recently concluded general elections. READ MORE…

CBN frees money for growth

The Central Bank of Nigeria (CBN) yesterday eased the liquidity at the disposal of banks by setting a unified cash reserve ratio (CRR) for public and private sector funds at 31 per cent, in a bid to accelerate growth of the economy.

Zamfara Governor emerges new NGF Chairman

Governor Abdulaziz Yari of Zamfara state has emerged chairman of the Nigeria  Governors’ Forum. READ MORE…

APC drops zoning of offices

Faced with a crisis over the zoning of positions for principal officers of the National Assembly, APC has now dropped the idea with a view to allowing lawmakers a free hand in electing leaders for the Eighth National Assembly due for inauguration on June 4.

FG orders Bayelsa CJ to swear in Wike

The Federal Government has asked the Chief Judge of Bayelsa State, Justice Kate Abiri, to swear in Rivers State Governor-elect, Nyesom Wike, on May 29, 2015. READ MORE…

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BUSINESS DAY

CBN embarks on tactical monetary policy easing

The Central Bank of Nigeria (CBN) on Tuesday commenced a tactical easing of its Monetary Policy by harmonising the Cash Reserve Requirement (CRR) on public and private sector deposits.

Nigeria’s OTC market to make foray into interest rate derivatives

Within the next five years, dealers in Nigeria’s Over-The-Counter (OTC) fixed income market will make their first inroads into interest rate derivatives deals.

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