Read today's newspaper headlines [Friday, August 14, 2015]

For today, Friday, August 14, 2015:

VANGUARD NEWSPAPER

Power sector: Senate probes OBJ, Yar’adua, Jonathan

The Senate on Thursday set up a 13-member Ad-Hoc Committee to carry out a comprehensive investigation into the management of funds so far appropriated for the power sector since 1999. READ MORE…

Ooni Sijuade: Banks, markets shut in Ife as 7-day mourning begins

Burial rites which will herald the interment of the Ooni of Ife, Oba Okunade Sijuwade Olubuse II continued on Thursday as town criers from the palace moved round the town and driving away traders from the markets and passersby on their path. READ MORE…

Bristow Chopper Crash in Lagos: Bodies of pilot, co-pilot recovered

The bodies, recovered at about 10.25 a.m. yesterday were that of a white American, Captain Jay Wyatt, who was the pilot and a black, who was the co-pilot. READ MORE…

Buhari to service chiefs: Destroy Boko Haram in 3 months

President Muhammadu Buhari, yesterday, charged the new service chiefs to synergize with other nation’s security apparatus and hunt down Boko Haram insurgents within the next three months. READ MORE…

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THE PUNCH NEWSPAPER

Electricity: Senate to probe Obasanjo, Jonathan governments

The Senate, yesterday, constituted an ad-hoc Committee to carry out a holistic investigation into the management of funds appropriated to the power sector from the Olusegun Obasanjo civilian administration to date. READ MORE….

Chopper Crash: Pilots recovered dead, black boxes missing

The bodies, recovered at about 10.25 a.m. yesterday were that of a white American, Captain Jay Wyatt, who was the pilot and Peter Bello, who was the co-pilot. READ MORE…

US jails Nigerian 22 years for helping Al-Qaeda

Lawal Babafemi was sentenced to 22 years’ imprisonment in the United States for aiding an affiliate of Al-Qaeda in Yemeni. READ MORE…

KPMG, PwC to audit NNPC, CBN, Customs, others

The National Economic Council’s ad-hoc committee on the management of the Excess Crude Account proceeds and accruals into the Federation Account on Thursday said it had hired two firms, the KPMG and the PriceWaterHouseCooper, to audit the accounts of all Federal Government’s revenue-earning agencies. READ MORE…

Seven-day curfew begins after Ooni’s burial today

Burial rites which will herald the interment of the Ooni of Ife, Oba Okunade Sijuwade Olubuse II continued on Thursday as town criers from the palace moved round the town and driving away traders from the markets and passersby on their path. READ MORE…

Crush B’Haram by November, Buhari orders service chiefs

President Muhammadu Buhari, yesterday, charged the new service chiefs to synergize with other nation’s security apparatus and hunt down Boko Haram insurgents within the next three months. READ MORE…

More workers to go, says NNPC GMD

The Group Managing Director, Nigerian National Petroleum Corporation, Dr. Emmanuel Kachikwu, said on Thursday that more purges were on the way as part of activities aimed at restructuring the company for better performance and accountability. READ MORE…

Plug revenue leakages, Sanusi tells Buhari

The former Governor of the Central Bank of Nigeria and Emir of Kano, Mallam Muhammad Sanusi, on Thursday urged President Muhammadu Buhari to plug revenue leakages in the country if he must make headway in its anti-corruption crusade.

President reinstates NPA MD removed by Jonathan

President Muhammadu Buhari has terminated the appointment of the Managing Director of the Nigerian Ports Authority (NPA), Sanusi Ado Bayero, in what appears a reversal of his predecessor’s action. READ MORE…

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THE GUARDIAN

President orders military to end terror in three months

President Muhammadu Buhari, yesterday, charged the new service chiefs to synergize with other nation’s security apparatus and hunt down Boko Haram insurgents within the next three months. READ MORE…

Ooni goes home today

The late Ooni of Ife, Oba Okunade Sijuwade, will be buried on Friday, August 14, 2015. READ MORE…

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THISDAY NEWSPAPER

Kachikwu unfolds three-pronged strategy for NNPC’s restructuring

The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Emmanuel Ibe Kachikwu, has given a hint on the three-pronged strategy for the restructuring of the state-run oil firm, adding that this would entail the reorganisation of management personnel, a forensic audit of the firm's accounts, and a review of its contracts with oil majors and other industry operators. READ MORE...

Fashola: I have no child outside wedlock

After weeks of silence on a number of allegations that have been making the rounds since he stepped down as governor of Lagos State, Babatunde Fashola on Thursday decided to set the records straight, including denying the claim that he had fathered a child outside wedlock and described the allegation as “wicked and false”. READ MORE…

End insurgency in three months, Buhari orders service chiefs

President Muhammadu Buhari, yesterday, charged the new service chiefs to synergize with other nation’s security apparatus and hunt down Boko Haram insurgents within the next three months. READ MORE…

KPMG, PwC to audit revenue generating agencies

The National Economic Council’s ad-hoc committee on the management of the Excess Crude Account proceeds and accruals into the Federation Account on Thursday said it had hired two firms, the KPMG and the PriceWaterHouseCooper, to audit the accounts of all Federal Government’s revenue-earning agencies. READ MORE…

Buhari sacks NPA MD, Ado Bayero, reinstates Abdullahi

President Muhammadu Buhari has terminated the appointment of the Managing Director of the Nigerian Ports Authority (NPA), Sanusi Ado Bayero, in what appears a reversal of his predecessor’s action.

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BUSINESS DAY

Lagos, Cairo, Nairobi bourses beaten as Jo’burg gains

For stock investors in Major African stock markets like the Nigerian Stock Exchange (NSE), Egyptian Exchange, Kenya Securities Exchange, Ghana Stock Exchange, and Mauritius Stock Exchange, it has been a mixed bag of fortunes in terms of returns this year.

NNPC to carry out a fresh forensic audit

The Nigerian National Petroleum Corporation (NNPC) is set to carry out another round of forensic audits that will run into 2015 accounts, to ascertain its true financial state. READ MORE…