Read today's newspaper headlines [Thursday, October 20, 2016]

For today, October 20, 2016:

THE GUARDIAN NEWSPAPER

Drama as nominee for NCC job wants Senate scrapped

It was drama yesterday as a presidential nominee for the membership of the governing board of the Nigerian Communications Commission (NCC), Aliyu Saidu Abubakar, declared that the Senate should be scrapped because it consumes too much money from the treasury.

Lawmakers probe judges’ arrest, alleged repatration of $13.9b

The Senate has ordered an investigation into the arrest of some judges by the Department of State Services (DSS), adopting a motion to that effect by the Chairman of the Senate Committee on Judiciary, Human Rights and Legal Matters, David Umaur, the upper legislative chamber directed the panel to do whatever it could within its constitutional oversight powers to carry out the assignment.

FEC approves N30b for mining sector development

The Federal Executive Council, yesterday, approved the release of a N30 billion intervention fund for mining sector development.

THE VANGUARD NEWSPAPER

N4.7bn scam: Obanikoro gave N1.7bn to Omisore – EFCCDetained former Minister of State for Defence, Senator Musiliu Obanikoro, yesterday, stunned the Economic and Financial Crimes Commission, EFCC, with a fresh revelation that he gave former Osun State Deputy Governor, Senator Iyiola Omisore, the sum of N1.7 billion out of the N4.7 billion he got from embattled former National Security Adviser, Col. Sambo Dasuki, retd.FG okays trial of Justices Okoro, Ademola, othersThe Federal Government, yesterday, shunned the National Judiciary Council, NJC, and pressed ahead with its decision to bring the seven suspected corrupt judges to justice.Crackdown on judges: Reactions trail Justice Okoro’s bombshell

The polity was awash with mixed views, yesterday, over Justice John Inyang Okoro’s allegation that his travails in the hands of the Department of State Services, DSS, was in connection with the alleged desire of the Presidency and the ruling All Progressives Congress, APC, to win the Rivers, Akwa Ibom and Abia states election appeals.

THE NATION NEWSPAPER

ExxonMobil sells 60% stake in Mobil Oil Nigeria to Nipco

ExxonMobil Oil Corporation has executed a sale and purchase agreement (SPA) with Nipco Plc to sell its majority equity stake of 60 per cent in Mobil Oil Nigeria (MON) Plc to Nipco Plc, an indigenous oil and gas company.

Amaechi, Umana: we never met Justice Okoro

Minister of Transportation Rotimi Amaechi yesterday said he never discussed any election petitions dispute with Supreme Court Justice Inyang Okoro in his house or anywhere else.

Benin Kingdom gets new Oba today

An historic event will happened in the land of the Igodomigodo today. The ancient Benin Kingdom, which used to be called Igodomigodo, will have a new Oba, the Crown Prince of the kingdom, Prince Eheneden Erediauwa, will be crowned the 39th Oba of Benin in a colourful ceremony.

THE PUNCH NEWSPAPER

CBN to guarantee Letters of Credit for importers

In fulfilment of its pledge to fund forward sales under the new flexible foreign exchange regime, the Central Bank of Nigeria has said it will in the next few months fund the 60-day forward sales and request from the agricultural, aviation, machinery and raw materials sectors, thus guaranteeing letters of credit for importers to ship in required goods.

FG assigns Malabu, Halliburton $1.280bn scam cases to special prosecutors

The Federal Government has asked some lawyers in its teams of special prosecutors to review the multi-billion naira Halliburton and Malabu scams.

Ambode fires three commissioners, more may follow

Governor Akinwunmi Ambode of Lagos State on Wednesday sacked three commissioners from the state cabinet, the Commissioner for Tourism, Mr. Folorunsho Folarin-Coker; his counterparts in Finance, Dr Mustapha Akinkunmi; and Transportation, Dr Ekundayo Mobereola, were removed a year after they were appointed into office.