Find out what is making headlines all over the country from the covers of The Punch, Vanguard, The Guardian and more.

For today, October 6, 2016:


Senate in rowdy session over Lagos State special status bill

The Senate was thrown into a rowdy session yesterday following remarks on a bill which sought a special status for Lagos State.Even when the Deputy Senate President Ike Ekweremadu rose and shouted on top of his voice “Order! Order!! Order!!!” he was ignored.

Teachers threaten strike, want retirement age raised to 65

The Nigeria Union of Teachers (NUT) yesterday threatened to begin a strike if the demands of its members are not met. Their demands include the increase of their retirement age from 60 to 65 years and improvement of their welfare.

Government agrees to consolidate charges against Dasuki

To avoid further delay in the trial of former National Security Adviser (NSA), Col. Sambo Dasuki (rtd), the Federal Government has agreed to consolidate the charges brought against him in courts of the same jurisdiction.


Western powers blocking Nigeria’s power solution – AdeosunThe Minister of Finance, Mrs Kemi Adeosun, has accused western powers of being a stumbling block to Nigeria’s plan to improve power output through the use of coalN1.7trn bad loans threaten banks – CBNThe financial system stability report by the Central Bank of Nigeria, CBN, sighted by Vanguard, yesterday, indicated a steep rise in Non-Performing Loans, NPLs, as a result of prevailing economic headwinds.

2015 polls cost Nigeria N108.8bn – INECNigeria spent a whopping N108.8 billion to conduct the 2015 general elections, which produced President Muhammadu Buhari, 31 governors, 109 senators and 360 House of Representatives members, as well as thousands of state assembly members.


Lagos Special Grants Bill sparks hot Senate debate

SENATORS were yesterday locked in a passionate debate of a bill which sought provision of Federal Government grants for Lagos State.

Reps reopen $1. 1b Malabu Oil deal probe

The House of Representatives ad hoc committee investigating alleged corruption, malpractices and breach of due process in the award of OPL 245 yesterday reopened its investigation.

EFCC quizzes FUTA VC, Bursar over vasity's cash

The Economic and Financial Crimes Commission (EFCC) yesterday grilled the Vice Chancellor of the Federal University of Technology, Akure, Ondo State, Prof Adebiyi Daramola and the Bursar, Emmanuel Ademola Oresegun.


Corruption: Buhari has letters implicating Jonathan … says President’s biographer, John Paden

President Muhammadu Buhari is in possession of some letters, written by former President Goodluck Jonathan, to request “off-budget funds.”

We rejected panel’s report on Ondo primary –APC NWC

The crisis rocking the ruling All Progressives Congress appears far from over as party leaders have continued to give conflicting versions over the controversial Ondo State governorship primary of the party.

CCT dismisses Saraki’s prayer to disqualify tribunal chairman

The Code of Conduct Tribunal on Wednesday dismissed the motion filed by Senate President Bukola Saraki, asking the tribunal chairman, Danladi Umar, to disqualify himself from further presiding over his (Saraki) trial on charges of asset declaration breaches.


$10bn investment knocking on Nigeria’s oil & gas industry

A big gathering of globabal oil companies operating in Nigeria held in Madrid, Spain on October 3 this year, where deliberations were about the prospect of engagements that could yield up to $10 billion worth of investments in Nigeria’s oil and gas sector.

Nigeria sees 2016 GDP expanding while IMF forecasts 1.7% slump

Nigeria’s government says its economy could still expand this year because of a bumper rice harvest, even as the International Monetary Fund forecast the first contraction in more than two decades, Bloomberg reports.

FG shortlists 8 advisers as $1bn Eurobond gains traction

Sequel to Nigeria’s hunt for economic advisers for the proposed sale of $1 billion worth of Eurobonds, eight banks have now been shortlisted of an undisclosed number that submitted bids in September, BusinessDay gathered.