Read today's newspaper headlines [Wednesday, July 5, 2017]

For today, Wednesday, July 5, 2017:

VANGUARD NEWSPAPER

Magu: Osinbajo, Senate in fresh standoff

Resuming from break, yesterday, the Senate immediately went into a standoff with the presidency, vowing to stand down all requests for confirmation into executive positions in the Federal Government.

No regret retiring politically-exposed military officers – Obasanjo

FORMER President,Chief Olusegun Obasanjo, yesterday, explained that he fired military officers exposed to politics when he held sway as President in order to prevent coup in the country.

3 killed as Badoo boys attack Ikorodu church

Members of the deadly ritual cult, Badoo, yesterday, struck again, killing three people in a church at Owode-Ajegunle area along Ikorodu Road, Lagos.

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THE PUNCH NEWSPAPER

Badoo storms Lagos churches, kills babies, mother

Suspected members of Badoo cult moved from their Ikorodu base on Tuesday, attacking two churches in Owode Onirin.

Ex-gov arrested at book launch attended by Obasanjo, Gowon

The Economic and Financial Crimes Commission has arrested a wanted former governor of Jigawa State, Saminu Turaki, The PUNCH has learnt.

Sagay, SANs condemn Senate as lawmakers ask Osinbajo to sack Magu

The Senate, on Tuesday, declared war with the Presidency over the retention of Mr. Ibrahim Magu as Acting Chairman of the Economic and Financial Crimes Commission after the rejection of his nomination by the legislature.

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THE THISDAY NEWSPAPER

Gowon, Obasanjo Express Regret over Military’s Incursion in Politics

Sad memories of the bloodbath during the January and July 1966 coups resurfaced Tuesday in Abuja, with two former military Heads of State, General Yakubu Gowon and Olusegun Obasanjo expressing regret over the military’s incursion into politics.

IOCs to Dispose of More Assets After PIB Passage, Licence Expiration

International oil companies (IOCs) operating in the country will continue to hold back on the divestment of onshore assets until after the passage of the Petroleum Industry Bill (PIB) that governs fiscal terms, and the expiration of some of the joint venture onshore assets in 2019, investigations by THISDAY have revealed.

Olusanya is Interim CEO as Etisalat Gets New Leadership

In a move aimed at resolving its debt crisis and attracting new investors, Etisalat Nigeria Tuesday announced the reconstitution of an interim board and executive management, naming Mr. Boye Olusanya as its new Managing Director/CEO.

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THE BUSINESSDAY NEWSPAPER

Nigeria taps Microsoft to Oracle to recover from recession

Nigeria is hiring U.S. technology giants such as Oracle Corp. and Microsoft Corp. as the government invests more to save costs and fight corruption, Bloomberg reports.

FG leaves IOCs confused over $6.2 billion JV cashcall agreement

An agreement entered into by the Federal Government and International Oil Companies (IOCs) in December 2016 that would have resulted in the clearance of about US$6.2 billion in cash call arrears is no longer operational, BusinessDay can confirm.

Banking shares suffer as Etisalat gets new board and management

The shares of major lenders to Etisalat declined yesterday on the Nigerian Stock Exchange (NSE) as the telecom company announced a new management and board.