Read today's newspaper headlines [Friday, June 10, 2016]

For today, June 10, 2016

THE GUARDIAN NEWSPAPER

15,000 mourners attend Muhammad Ali’s funeralWith more than 15,000 mourners in Louisville, Kenturky, the United States (U.S.) to bid him farewell, former World Heavyweight Boxing Champion, Muhammad Ali, began his final journey yesterday in a blaze of glory. READ MORE

We failed to plan for economy, says SenateAn occasion that was supposed to be an exuberant celebration of the one year’s anniversary of the Senate yesterday became one of sober reflection at the upper legislative chamber over the dismal state of the nation’s economy. READ MORE

NNPC lifts N1.2 trillion crude oil in 12 monthsThe value of the domestic crude oil purchased by the Nigerian National Petroleum Corporation (NNPC) between April 2015 and April 2016 was $1.8 billion (N1.2 trillion). READ MORE_______________________________

VANGUARD NEWSPAPER

Why Fayose should not be chained- Ekiti legislatorsGiven Governor Ayodele Fayose’s infatuations with President Muhammadu Buhari, it is a surprise to many that the former army general now at the helm of affairs of the country has largely ignored him. Well, not so if the governor’s leading supporters and aides are to be believed. Indeed, if any, the All Progressives Congress, APC, led federal administration is tightening the noose around the Ekiti State governor, some of the partisans of Mr. Fayose told Vanguard during a courtesy visit to Vanguard last weekend. READ MORE

Buhari not in London for talks with Jonathan, NDA—UKThe United Kingdom, UK, last night, cleared the air on reports suggesting that President Muhammadu Buhari was in London to meet with his predecessor for a secret meeting to stave off ongoing militants’ attacks on oil infrastructure in the Niger Delta. READ MORE

N-Delta wants to control its resources —AVENGERSWARRI—THE Niger Delta Avengers, NDA, yesterday, said that the people of Niger Delta want to assume ownership of their resources, and urged the international community to support the quest. READ MORE_______________________________

THE PUNCH NEWSPAPER

Outrage trails Kaduna youths attack on carpenter during RamadanSome eminent Nigerians and groups on Thursday condemned the attack on a carpenter, Francis Emmanuel, by some Muslim youths in the Kakuri area of Kaduna on Wednesday for eating during Ramadan. READ MORE

Workers block Mimiko, reject gov’s plea to end strikeStriking civil servants in Ondo State on Thursday blocked the main gate to Government House in Akure, preventing Governor Olusegun Mimiko from entering. READ MORE

Work resumes on Lagos-Ibadan Expressway next week –FasholaThe Minister of Power, Works and Housing, Mr. Babatunde Fashola (SAN), says contractors will resume work on the Lagos-Ibadan Expressway next week. READ MORE_______________________________

BUSINESS DAY NEWSPAPER

N15bn investments signal rebound of Cinemas in NigeriaAs the resilient Nigerian entertainment industry worth over $4 billion continues to attract investors, things are looking up in the cinema sub-sector, which attracted over N15 billion investments in big screen business across the country in the past decade. According to BusinessDay’s investigations, Silverbird Cinemas, the pioneer of the investment, the Filmhouse Cinemas, and Genesis… READ MORE

CBN to mop banks’ liquidity before unveiling FX policyThe Central Bank of Nigeria (CBN) intends to aggressively mop up liquidity surfeit in the nation’s banking system before unveiling any new foreign exchange (FX) policy, BusinessDay has learnt. Godwin Emefiele, Governor of the CBN said on May 24 the bank would introduce a flexible exchange-rate regime in Africa’s largest oil producer “in the coming… READ MORE

Nigerian economy drops further into freefallIt is unclear who will come to the rescue — it is unlikely to be bond markets. Anti riot policemen face disgruntled workers demanding that the government reinstate prices of fuel at 86.50 naira ($0.43) per litre in Lagos, May 18. Reality for Nigerians comes harder by the day. Investors told the Finance minister Kemi… READ MORE