Read today's newspaper headlines [Thursday, May 12, 2016]

For today, May 10 2016:

THE GUARDIAN NEWSPAPER

Petrol to sell for N145 per litre as new import regime opensA plan by the Federal Government to deregulate the petroleum sector has begun as premium motor spirit (PMS), also known as petrol, is now to sell around N145 per litre. READ MORE

Fresh vista for establishment of education bankCalls for the establishment of Nigerian Education Bank has been on for nearly a decade. But not much has happened in this direction despite groups and influential individuals joining the fray. ENO-ABASI SUNDAY and ADAMU ABUH write on the latest effort on the project. READ MORE

Baghdad market bombing claimed by IS kills 64A car bombing claimed by the Islamic State (IS) jihadist group killed at least 64 people at a market in a Shiite area of north Baghdad yesterday, officials said. READ MORE__________________________________

VANGUARD NEWSPAPER

Killing of security operatives: Don’t trigger repeat of Odi massacre, Dickson warns militantsYenagoa—Bayelsa State governor, Mr Seriake Dickson, yesterday, condemned the killing of seven Naval and Joint Task Force code named Operation Pulo Shield personnel, along the creek of Nembe and Foropa community in Southern Ijaw Local Government Areas of the state respectively and other parts of the Niger Delta region. READ MORE

Forex problems caused N145 petrol price – FGABUJA—The Federal Government, yesterday, hiked the price of Premium Motor Spirit, PMS, also known as petrol, directing marketers to sell at between N135 and N145 per litre. READ MORE

Sterling, Access banks explain involvement with EFCC officialsLAGOS— Sterling and Access Banks have notified the Nigerian Stock Exchange, NSE, about their operations concerning the ongoing investigations by the Economic and Financial Crimes Commission, EFCC. READ MORE_________________________________

THE PUNCH NEWSPAPER

I changed N7.8bn to dollars for Badeh – NAF cashierA cashier at the Nigerian Air Force headquarters, Emmanuel Abu, on Wednesday narrated to a Federal High Court in Abuja, the role he played in the alleged monthly diversion of N558.2m from the Nigerian Air Force accounts by an ex-Chief of Air Staff, Air Chief Marshal Alex Badeh (retd.). READ MORE

Diezani bribe: EFCC grills Imoke, detains Edo gov aspirantThe immediate past Governor of Cross River State, Mr. Liyel Imoke, was grilled by the Economic and Financial Crimes in its Port Harcourt office on Wednesday for several hours for his alleged role in the $115m (N23bn) bribe allegedly disbursed by a former Minister of Petroleum Resources, Diezani Alison-Madueke. READ MORE__________________________________

BUSINESS DAY NEWSPAPER

Labour kicks as FG raises petrol price to N145Following months of uncertainty in which Nigerians endured debilitating shortage of petrol, the Federal Government on Wednesday finally ended the subsidy regime on the product and approved an increase in the pump price. READ MORE

Deregulation at last! FG bows to common senseAfter several years of pussy-footing that has led to the near crippling of the down-stream of its oil and gas industry the Nigerian government yesterday took a bold step towards full deregulation of the sector. The move is being described as a bowing to common sense for a country that has gradually witnessed everything wrong… READ MORE

Commodity slump opportunity for Nigeria to diversify as growth rebound seenOil producing countries such as Nigeria have a chance to use the current slump in commodity prices to diversify their economies and boost growth, according to business and government leaders who gathered for the World Economic Forum (WEF) for Africa, holding in Kigali, Rwanda. “It is like a glass is half full scenario,” said Tony… READ MORE