Read today's newspaper headlines [Wednesday, September 23, 2015]

For today, Wednesday, September 23:

VANGUARD NEWSPAPER

Saraki docked, released on bail

The Code of Conduct Tribunal has adjourned the trial of Senate President, Bukola Saraki on corruption charges to October 21, 2015. READ MORE…

How our boss was abducted – Falae’s PA, driver

The kidnappers of former Secretary to the Government of the Federation (SGF) Chief Oluyemisi Falae, have demanded the sum of N100 million in exchange for the politician's freedom. READ MORE…

Govt agencies helpless as traffic gridlock grounds Lagos

For two days running, vehicular movement in most parts of the state have been grounded, with commercial activities paralysed, no thanks to the chaotic gridlock which seemed to have overwhelmed government agencies saddled with the responsibility of controlling the free flow of traffic.

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THE PUNCH NEWSPAPER

Saraki pleads not guilty, trial begins October 21

The Code of Conduct Tribunal has adjourned the trial of Senate President, Bukola Saraki on corruption charges to October 21, 2015. READ MORE…

Economy could fall into recession, CBN warns

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday warned that the country’s economy could slip into recession by next year if proactive steps were not taken by the Federal Government to revive key sectors.

Falae’s abductors reduce ransom to N90m, family raises N2m

The kidnappers of former Secretary to the Government of the Federation (SGF) Chief Oluyemisi Falae, had earlier demanded the sum of N100 million in exchange for the politician's freedom. READ MORE…

EFCC re-arraigns Lamido, two sons for alleged graft

A former governor of Jigawa State, Alhaji Sule Lamido, and his two sons – Aminu Sule Lamido and Mustapha Sule Lamido, were on Tuesday arraigned before Justice Ademola Adeniyi of a Federal High Court in Abuja, on a 27-count amended charge bordering on corruption and money laundering. READ MORE...

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THE GUARDIAN

Saraki docked, pleads not guilty

The Code of Conduct Tribunal has adjourned the trial of Senate President, Bukola Saraki on corruption charges to October 21, 2015. READ MORE…

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THISDAY NEWSPAPER

Saraki at tribunal, pleads not guilty

The Code of Conduct Tribunal has adjourned the trial of Senate President, Bukola Saraki on corruption charges to October 21, 2015. READ MORE…

CBN cuts CRR to 25%, holds benchmark rate at 13%

Concerned by the seeming shortage of cash in the banking system as well as the fragile macroeconomic environment, the Central Bank of Nigeria's (CBN) Monetary Policy Committee (MPC) on Tuesday reduced the cash reserve requirement (CRR) to 25 per cent, down from 31 per cent in order to ease banking system liquidity.

Falae: Family offers kidnappers N2m as ransom, OPC launches manhunt

The kidnappers of former Secretary to the Government of the Federation (SGF) Chief Oluyemisi Falae, had earlier demanded the sum of N100 million in exchange for the politician's freedom. READ MORE…

600 of 900 MDAs comply with TSA directive

The Federal Government on Tuesday said out of the 900 Ministries, Departments and Agencies of government, about 600 of them have so far complied with the directive on Treasury Single Account. READ MORE…

Amaechi fights corruption allegations, heads to court

The immediate past governor of Rivers State, Mr. Rotimi Amaechi, has dragged the Peoples Democratic Party in the state, its Chairman, Chief Felix Obuah, and two others to an Abuja High Court over allegations that he embezzled $757m (N80bn) belonging to the state while in office. READ MORE…

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BUSINESS DAY

Slow growth worries analysts as MPC eases CRR with N780bn

Analysts yesterday expressed concerns over the slow growth of the economy, saying that the N780 billion released to the banking sector, courtesy of the reduction of CRR to 25 percent by the Monetary Policy Committee (MPC) might be redirected to investments in fixed income instruments.