Read today's newspaper headlines [Wednesday, July 1, 2015]

For today, Wednesday, July 1, 2015:

VANGUARD NEWSPAPER

You lied, Okonjo-Iweala tells Oshiomhole

Nigeria’s former Minister of Finance, Ngozi Okonjo-Iweala, has denied allegations that she spent $2.1 billion from the Excess Crude Account (ECA) without authorization. READ MORE…

One month after, APC rates Buhari high

The All Progressives Congress (APC) has praised President Muhammadu Buhari for his achievements after spending only one month in office. READ MORE…

Drama as Buhari overrules Jega on handover

President Muhammadu Buhari has appointed Amina Bala Zakari, as the acting chairman of the Independent National Electoral Commission (INEC). READ MORE…

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THE PUNCH NEWSPAPER

PDP thugs batter APC witnesses at Ekiti Tribunal

Thugs suspected to be loyal to the Peoples Democratic Party in Ekiti State on Tuesday beat up witnesses who testified for the All Progressives Congress before the National Assembly Election Petitions Tribunal.

Jega out, Buhari appoints Zakari as acting INEC boss

Zakari’s appointment was announced on Tuesday, June 30, 2015, via a statement released by the Director of Communications in the Office of Head of Civil Service of the Federation, Haruna Imrana. READ MORE…

BVN: CBN extends registration to October 31

The Central Bank of Nigeria (CBN) has extended the deadline for Bank Verification Number (BVN) registration till October 31, 2015. READ MORE…

Aregbesola pays December 2014 salaries

Osun State Governor, Rauf Aregbesola has approved the payment of December 2014 salaries to workers in the state. READ MORE…

APC crisis: Akande’s letter angers northern party leaders

Former Interim National Chairman of the All Progressives Congress (APC), Bisi Akande has said that the emergence of Bukola Saraki as Senate President and Yakubu Dogara as Speaker of the House of Representatives was backed by Northern elites and oil barons who feel threatened by President Muhammadu Buhari’s anti-corruption war. READ MORE…

Wempco’s machine smashes worker’s head during production

Samuel Ogunkoya, a 26-year-old worker of Wempco Steel Mill Company, Magboro, Ogun State, has been killed after one of the pipes affixed to the company’s ‘actrus pumping machine’ fell and smashed his head.

Oando sells downstream business for $276m

A consortium of investors on Tuesday announced the acquisition of 60 per cent of the economic rights and 51 per cent of the voting rights in the downstream business of Oando Plc, an integrated oil and gas company, for a sum of $276m.

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THE GUARDIAN

Discordant tunes trail CBN’s new forex policy

The rigid posture of the Central Bank of Nigeria (CBN) over its recent import policy may be fuelling concerns among investors in the nation’s real sector, especially those investing in value-chain sectors that attract intervention from the Federal Government.

Experts chart path to speedy passage of PIB

It will take President Muhammadu Buhari’s political will and patriotism on the part of the National Assembly to pass the Petroleum Industry Bill (PIB), experts at the National Petroleum and Power Policy forum in Port Harcourt said.

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THISDAY NEWSPAPER

APC: Why Buhari’s government is slow

Responding to the growing public perception that the Buhari-led administration is moving at a snail’s pace, the All Progressives Congress (APC) yesterday said though the government had started slowly, it is a strategy designed to avoid the pitfalls of the past and to ensure that it fulfills its promises to Nigerians, adding that it was already making remarkable progress. READ MORE…

Oando sells its downstream business to Helios-Vitol group

Nigeria's integrated energy company, Oando Plc, has notified the Nigerian Stock Exchange (NSE) that it has entered into a definitive agreement with HV Investments II B.V (HVI) to sell 51 per cent of the voting rights and 60 per cent of the economic rights in its downstream business for $276 million.

Amina Zakari appointed acting INEC Chairman as Jega steps down

President Muhammadu Buhari has appointed Amina Bala Zakari, as the acting chairman of the Independent National Electoral Commission (INEC). READ MORE…

Okonjo-Iweala: There was no unauthorized spending under my watch

Nigeria’s former Minister of Finance, Ngozi Okonjo-Iweala, has denied allegations that she spent $2.1 billion from the Excess Crude Account (ECA) without authorization. READ MORE…

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BUSINESS DAY

OPS warns economy threatened by non-payment of salaries

As the issue of non-payment of salaries to workers by some states of the federation continues to take a toll on the psyche of Nigerians, the organised private sector (OPS) says development which is occurring in many states of the federation is a threat to the national economy. READ MORE…

Helios, Vitol linked firm takes N62bn stake in Oando downstream

Oando plc, headquartered in Nigeria says it has entered into a definitive agreement with HV Investments II B.V (HVI), a joint venture owned by a fund advised by Helios Investment Partners (Helios) and The Vitol Group (Vitol), to dispose 51 percent of its voting rights and 60 percent of the economic rights of its downstream businesses.