Read today's newspaper headlines [Tuesday, June 30, 2015]

For today, Tuesday, June 30, 2015:

VANGUARD NEWSPAPER

FG probes N3.8trn missing oil funds

A panel of four governors was, yesterday, constituted to probe the affairs of the Nigerian National Petroleum Corporation, NNPC, following revelations that the corporation withheld N3.8 trillion of the N8.1 trillion generated from oil receipts

BVN Deadline: Customers in last minute rush as CBN, banks meet tomorrow

Chaotic situations were recorded in most banks’ premises in Abuja, Monday, as hundreds of customers besieged the banks in a bid to beat the deadline for the Bank Verification Number (BVN) enrolment which expires today.

Alleged funding by oil barons: Saraki, Dogara tackle ex-APC Chairman, Akande

Senate President, Bukola Saraki has said that his election into the post had nothing to do with any oil barons. READ MORE…

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THE PUNCH NEWSPAPER

Okonjo-Iweala spent $2.1bn without approval, says FG

The Federal Government has accused former Minister of Finance, Ngozi Okonjo-Iweala, of spending $2.1bn from the Excess Crude Account without approval. READ MORE…

APC insists on Ekweremadu’s removal

The battle for the control of the National Assembly may be long drawn as the leadership of the All Progressives Congress on Monday insisted on removing the Deputy Senate President, Ike Ekweremadu, of the minority Peoples Democratic Party. READ MORE…

Explosions at Agip facility halt 20,000bpd oil production

Residents of Ogba/Egbema/Ndoni Local Government Area of Rivers State were on Monday thrown into panic when a facility belonging to the Nigerian Agip Oil Company went up in flames after two explosions, thereby cutting of 20,000 barrels per day of crude oil production.

President urged governors to pay outstanding salaries

President Muhammadu Buhari has urged governors who are owing workers in their states to settle the outstanding salaries. READ MORE…

Chibok girls forced to fight for Boko Haram

Some of the abducted Chibok girls have reportedly been forced to kill for Boko Haram, a former captive of the sect has said. READ MORE…

Aso Rock conducts audit of security personnel

Authorities of the Presidential Villa, Abuja have ordered a comprehensive audit of security personnel and forces deployed in the seat of power.

APC tells Buhari to discard PIB, review subsidy

President Muhammadu Buhari’s party, the All Progressives Congress, has advised him to discard the Petroleum Industry Bill, review fuel subsidies and sell off some units of the Nigerian National Petroleum Corporation.

We killed ex-FUTA VC to steal his jeep- Suspect

The two aides of the late former Vice-Chancellor of the Federal University of Technology, Akure, Prof. Albert Ilemobade, who allegedly killed the don, have confessed that they carried out the act in order to steal the deceased’s Toyota RAV4.

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THE GUARDIAN

FG begins probe of NNPC

Minutes after it was inaugurated by President Muhammadu Buhari yesterday, the National Economic Council (NEC) raised a four-member committee to probe alleged misappropriation of more than N3.5 trillion from the coffers of Nigerian National Petroleum Corporation (NNPC)‎ as well as N2 trillion from the Excess Crude Account (ECA).

Govt plans luxury tax as more Nigerians buy private jets

Super-rich Nigerians who move around the world in their private jets, enjoying ostentatious lifestyles may now have something to worry about, as the Federal Government has perfected plans to tap from their enormous reservoir of wealth, from which it hopes to rake in N38 billion yearly.

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THISDAY NEWSPAPER

NEC: NNPC spent N3.8trn in three years without approval

The National Economic Council (NEC) has revealed that the Nigerian National Petroleum Corporation (NNPC) spent N3.8 trillion in three years without approval.

Confusion trails status of 47 Boko Haram suspects in Ekwulobia prisons

There was uncertainty Monday over the status of 47 Boko Haram suspects alleged to have been relocated from detention centres in the North-east to Ekwulobia Prisons in Aguata Local Government Area of Anambra State in the wee hours Sunday morning amid water tight security. READ MORE…

Saraki, Dogara dismiss Akande’s allegations on sponsorship by subsidy culprits

Senate President, Bukola Saraki has said that his election into the post had nothing to do with any oil barons. READ MORE…

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BUSINESS DAY

Infrastructure projects stall as capital votes put on hold

For three straight quarters the Nigerian economy has run without capital votes to fund critical development projects, even though the government has struggled to sustain huge recurrent expenditure, largely on borrowed funds.

Basel III capital spurs more banks into OTC bond market

A head of the implementation of third Basel Accord (Basel III), more Nigerian banks are heading to the Over-The-Counter (OTC) debt capital market in search of liquidity for their various fixed income instrument to boost their capitalisation.