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The Guardian

Senate suspends Ndume clears Saraki, Malaye

Former senate majority leader, Muhammed Ali Ndume, has been placed on a six-month suspension with effect from yesterday. But the upper chamber absolved its president, Bukola Saraki and Dino Malaye of allegation of purchase of vehicle with fake documents and certificate forgery.

The Nation

Sagay to senators: you’ve no power to summon me

• Lawmakers descends on presidential committee chair
• Ndume suspended

The presidency was holding out an olive branch to the National Assembly yesterday.

But there were signs that their cat and mouse relationship could get out of hand.

 

BUSINESS DAY

FG successfully isues fresh $500m Eurobond at lower yield

Nigeria has successfully approached the international capital market for a second time in less than two months, successfully raising US$ 500 million Eurobond at a cheaper rate than it did in February, indicating the increasing strong appetite for Nigeria debts in the international capital markets.

 

NEW TELEGRAPH

DSS officer sacked for N310m robbery, held for kidnapping.

• DPO paid us N200,00 t free sergeant- Suspects

Dectitves attached to the inspector General (IG), Ibrahim Idris’ Special Intelligent Response Squad (IRT), have smashed a kidnap gang coordinated by a dismissed official of the Department of State Services (DSS).

The 35-year-old DSS officer, Abudulrasheed Maigari, was arrested along with 10 gang members. The gang was said to specialize in kidnapping and robbing residents of Abuja.

 

VANGUARD

Presidency, Senate’s face-off gets messier

• Senate suspends Ndume for 6 months, clears saraki, Melaye
• Summons Sagay for insulting senators
• They can’t summon me, it’s illegal – Sagay
• FG sets up c’ttee to mend fences with NASS

 

NIGERIAN TRIBUNE

• Osinbanjo heads reconciliation committee
• Sajay kicks as senate summons him over comments on Magu
• Senate suspends Nadume for 6 months

 

THE PUNCH

Two CBN directors arrested for alleged Forex manipulation

• N19bn Paris Club scam: EFCC to grill Saraki’s aides today

The Economic and Financial Crimes has arrested two directors of the Central Bank of Nigeria for alleged Forex manipulation and economic sabotage.