Read today's newspaper headlines [Monday, October 17, 2016]

For today, October 17, 2016:

THE GUARDIAN NEWSPAPER

Power sector loses N549b yearly to gas constraints

Nigeria’s power sector is losing an average of N549 billion yearly to gas supply challenges. The situation has continued to deprive the country of over 2,479 Mega Watts (MW) daily.

Why Buhari must rejig cabinet, by Okorocha

Governor Rochas Okorocha of Imo State yesterday urged President Muhammadu Buhari to heed the advice of his wife, Aisha, and other Nigerians to rejig his cabinet.

How MTN’s acquisition of Visafone was struck

Details of MTN Nigeria’s acquisition of Visafone have shown that the Code Division Multiple Access (CDMA) operator asked the South African telecommunications firm to take only 100 per cent shareholding at the initial stage of the deal.

THE VANGUARD NEWSPAPER

I slept with 6 other ladies, says man accused of infecting girlfriend with HIV

James Turner, the 67-year-old Irish national based in Nigeria, has said he slept with no fewer than six other ladies. Turner is the man accused by his 31-year-old Nigerian girlfriend of deliberately infecting her with the Human Immunodeficiency Virus, HIV.Crackdown on judges: Presidency backs DSS; says it followed the law

As the furore over the raid on the homes of judges rages, the Presidency has endorsed the action taken by the Department of State Service, DSS, saying the agency complied fully with extant laws.I warned Nigerians against voting for Buhari – Sen Okurounmu

Senator Femi Okurounmu represented Ogun Central Senatorial district between 1999 and 2003, he served as a commissioner in Ogun State during the Second Republic administration of the first executive governor, Chief Olabisi Onabanjo. He also held several political positions including Chairman of the Presidential Advisory Committee on National Conference in 2014 under the Dr. Goodluck Jonathan administration.

THE NATION NEWSPAPER

Chibok girls: we stayed without food for 40 days

It was another occasion for tears of joy to flow when parents reunited with the 21 freed Chibok schoolgirls.

UNILAG expels 125, rusticates 198 students

Authorities of the University of Lagos have expelled 125 students and rusticated 198 others for various offences, including examination malpractices during last academic session.

Nigerians misunderstood Buhari’s wife - Okorocha

Imo State Governor Rochas Okorocha yesterday said the interview granted by President Muhammadu Buhari’s wife, Aisha, to the British Broadcasting Corporation (BBC) and the President’s reaction were taken out of context.

THE BUSINESSDAY NEWSPAPER

Why a “freed” FX market is good for Nigeria’s economy

Over the years, the Nigerian economy has been through many currency devaluation and depreciation phases without experiencing recession. The Naira, for almost a decade and a half, experienced steady devaluation/depreciation, and at the same time, the country did not go into a recession.

Relief for Nigeria as Forcados terminal, others resume crude oil lifting

Nigeria may be getting some relief as many of the country’s major crude oil terminals are now back to operation, following repairs which will enable her make substantial crude oil export in the coming days.

Banks pull back international Naira card spending limits

Nigerian holders of local currency (Naira) denominated debit cards woke up on Friday to find them virtually useless for making purchases or withdrawals in Automated Teller Machines (ATMs), overseas. Most lenders sent out mails to their customers cutting the already slim monthly spending limits or eliminating them altogether.