Read today's newspaper headlines [Friday, July 29, 2016]

For today, July 29 2016:

THE GUARDIAN NEWSPAPER

Airlines seek 45% increase in fares

The current spike in the exchange rate of the dollar to the naira may be taking its toll on the country’s foreign-exchange-dependent aviation sector as airline operators seek to increase their fares by 45 per cent.

MTN targets 2017 for listing of shares in Nigeria

South Africa’s telecommunications firm, MTN, will list its shares on the Nigerian Stock Exchange (NSE) in 2017 . Analysts say the decision was part of agreement the company reached with the Federal Government as a condition for slashing the fine imposed on it by the Nigeria Communications Commission (NCC) from $5.2 billion to N330 billion.

PDP, Anenih reconcile

As part of efforts to secure the support of its aggrieved members, the Peoples Democratic Party (PDP) has reconciled with a former chairman of its Board of Trustees (BoT), Chief Tony Anenih.

THE VANGUARD NEWSPAPER

Court sacks Makarfi, affirms Sheriff as PDP nat’l chair

ABUJA—The leadership crisis rocking the Peoples Democratic Party, PDP, deepened, yesterday, as the Federal High Court in Abuja sacked the Senator Ahmed Makarfi-led Caretaker Committee of the party. READ MORE

For many months I didn’t know my husband had died — Lady Aguiyi Ironsi

For Lady Victoria Aguiyi Ironsi, the shock of the news of the tragic death of her husband, the late former Head of State, Lt. General Johnson Aguiyi Ironsi can never go away. She described the day and entire period as shocking and terrible dark days. But she remains grateful to God that she weathered it all. In this interview in Umuahia, Lady Aguiyi Ironsi laments that both the Federal and State Government do not accord the nation’s heroes the respect they deserve.

Military descends on Arepo vandals hideout in Operation Awathe

Many people were feared dead, yesterday, as the Military commenced bombardment of Iroko creeks in Arepo area of Ogun State, suspected to be inhabited by militants. READ MORE

THE PUNCH NEWSPAPER

Military bombards Lagos, Ogun creeks, scores feared killed

There was pandemonium on Thursday in the Arepo area of Ogun State and some part of Lagos State after the military bombarded the base of suspected militants in the states. READ MORE

Dogara diverted FG water project to his farm –Jibrin

A former Chairman, Committee on Appropriation, Mr. Abdulmumin Jibrin, has vowed to continue making fresh allegations against the four principal officers until they were prosecuted. READ MORE

N4.7bn fraud: I transported poll funds for Obanikoro, says ex-aide

An officer of the Nigerian Navy, Lt.-Cdr Olumide Adewale, has told the Economic and Financial Crimes Commission that he helped his former boss, Senator Musiliu Obanikoro, to transport money, which was flown to Akure and later handed over to Abiodun Agbele on the instructions of Governor Ayodele Fayose of Ekiti State. READ MORE

THE NATION NEWSPAPER

Sultan lashes politicians for sharing $15billion arms cash

The Sultan of Sokoto, Alhaji Sa’ad Abubakar III, yesterday condemned the sharing of cash from the Office of National Security Adviser (NSA) among some politicians, describing the act as ungodly.

Obanikoro’s aide: we took N1.2b to Fayose in Ekiti

Former Minister of Defence (State) Musiliu Obanikoro’s head of security has told the Economic and Financial Crimes Commission (EFCC) how his principal moved funds to Ekiti State for the June 21, 2014 governorship election. READ MORE

Doubts over PDP’s convention as court warns Makarfi group

Justice Okon Abang of the Federal High Court in Abuja yesterday warned the Peoples Democratic Party (PDP) against doing anything to destroy a case before him. READ MORE

BUSINESSDAY NEWSPAPER

CBN offers new 12-months futures contract of $1bn at N250/$

One month into the June 27, 2016 introduction of and formal unveiling of the Naira-Sttled OTC FX futures Market, the pioneer 1M contract - NGUS JUL 27 2016 $/ N279, for about $26.73 million excuted between the Central Bank of Nigeria (CBN) and authorised Dealers on FMDQ OTC Securities Exchange, matured and was settled on Wednesday, July 27, 2016, BusinessDay can report.

FG seeks to enhance business start-ups, plan CAMA amendment

Nigeria's corporate Affairs Commission has commenced the process of amending its enabling law- the companies Allied Matters Act- inorder to strengthen its regulatory and enforcement powers in line with changing economic circumstance and mordern business practices.

MTN names Stanbic IBTC, Citigroup, Standard Bank as advisers on IPO

MTN Group Limited, Africa's biggest mobile phone company has appointed Stanbic IBTC CApital, Standard Advisory London as well as Citigroup Global Markets, as joint transaction advisors and global coordinators on its impending listings of the Nigerian subsidiary.