Find out what is making headlines all over the country from the covers of The Punch, Vanguard, The Guardian and more.
For today, August 2 2016:
THE GUARDIAN NEWSPAPER
Militants fail to declare Niger Delta Republic
Troops of the Military Joint Force yesterday stormed Kaima community in Kolokuma/Opokuma Local Council of Bayelsa State to stop a planned declaration of a Niger Delta Republic by a militant group, Adaka Boro Avengers (ABA). READ MORE
Nigeria loses N2.56 trillion to eight-year oil pricing dispute
Nigeria may have lost an estimated N2.56 trillion ($8 billion) to the lingering price dispute between the International Oil Companies (IOCs) and Crude Oil Marketing Division (COMD) of the Nigerian National Petroleum Corporation (NNPC).
Buhari sacks JAMB registrar, 16 other chief executives
The Federal Government yesterday night announced the sacking of 17 chief executives of parastatals and agencies under the Ministry of Education. READ MORE
THE VANGUARD NEWSPAPER
Nigeria-Cameroon border: We’ll abide by ICJ ruling —Buhari
ABUJA —President Muhammadu Buhari has declared that his administration would not go against the decision of the International Court of Justice, ICJ, on the Nigeria-Cameroon border. READ MORE
AREPO: FG plans death sentence for vandals
LAGOS — The Federal Government, yesterday, spoke of plans to sponsor death penalty bill against vandals and others who attack critical national assets. READ MORE
N481bn Budget Padding: Heads to roll in NASS
ABUJA — MORE trouble that may worsen the frosty relations between the executive and legislative arms of government appears to be looming as the Federal Government moves to punish the brains behind the insertion of illegal projects worth N481 billion by the National Assembly into the 2016 budget. READ MORE
THE PUNCH NEWSPAPER
Appointments: Ngige booed for defending Buhari in Enugu
The Minister of Labour and Employment, Dr. Chris Ngige, was booed while trying to defend President Muhammadu Buhari’s appointments at a town hall meeting organised by the Federal Government for the South-East in Enugu on Monday. READ MORE
Tension in House of Reps over plot to remove Dogara
There was a palpable tension in the House of Representatives on Monday over an alleged plot to remove the Speaker, Mr. Yakubu Dogara, over the budget padding allegations made by a former Chairman of the Committee on Appropriation, Mr. Abdulmumin Jibrin. READ MORE
Militants flee Ogun, regroup in Ondo
Some vandals allegedly responsible for attacks on communities in Lagos and Ogun states are escaping in large numbers to riverine communities in the Ilaje and Ese-Odo local government areas of Ondo State. READ MORE
THE NATION NEWSPAPER
Ex-NNPC boss sneaks out over $1.6b Diezani’s deals
Where is the former Nigerian National Petroleum Corporation (NNPC) Group Managing Director (GMD) linked to an alleged $1.6 billion money laundering and oil deals involving former Petroleum Resources Minister Mrs Diezani Alison-Madueke? READ MORE
Edo: PDP chairman defects to APC
Chairman of the Peoples Democratic Party (PDP) in ward 11, Etsako West Local Government Area of Edo state, Chief Sunday Edehor, has defected to the All Progressives Congress (APC).
Buhari fires JAMB chief Ojerinde, 16 others
President Muhammadu Buhari yesterday sacked 16 heads of key agencies under the Federal Ministry of Education. READ MORE
Investors see further dip on weak market sentiment
Mixed sentiment around equalities pricing in first half (HI) 2016 is prompting analysts fair-value case for a possible bear-race in this second-half (H2).
Naira averages at N314.49/$ on improving liquidity
The naira appreciated against the greenback on the spot market Monday, as the central bank of Nigeria (CBN) directive regarding foreign exchange (FX) related trades takes effect.
African currencies in struggle for their lives
Over the past years, resource endowed African economies hit by the commodities rout have been experiencing exchange rate flunctuations, inflation among other consequences from the deficit in their current accounts. The Nigerian naira lost more than 50% of its value against the US dollar. Across the sub-region to the East, the three biggest economies in east Africa also had their share of currency flunctuations.