Top 10 Stories  Across Nigerian Newspapers, FRIDAY MORNING, October 20, 2023

1.Unveiled: Meet The Supreme Court Justices That Will Decide Atiku, Obi Case

The list of the Seven Justices that will determine the appeal filed by the Presidential candidate of the Peoples Democratic Party (PDP) Atiku Abubakar and his Labour Party’s counterpart Peter Obi in the February 25, 2023 Presidential Election has been unveiled. READ MORE

2. Begin Impeachment Process Against Gov Akeredolu-PDP to Ondo Assembly

The opposition People’s Democratic Party, PDP,has asked the Ondo state House of Assembly to commence the impeachment process of governor Rotimi Akeredolu, for violating the 1999 Constitution as amended. READ MORE

3. Nigeria Experienced  Sectoral Growth Outside Of Oil Sector -PWC

PricewaterhouseCoopers International Limited,in its Economic Outlook released on October 17  highlights notable developments in Nigeria’s economy, including growth in sectors outside the oil industry.

In the Nigerian economic landscape, sectors demonstrating economic dominance are those with activity levels reaching or exceeding N1 trillion, and these are considered vital contributors to overall economic health. READ MORE

4. Nigeria Urges Member States to Endorse UN Tax Convention

Nigeria on Wednesday called on member states to endorse the proposed resolution on the Tax Convention that would ensure a fairer taxation system globally.The permanent mission of Nigeria to the United Nations called for continued support toward a comprehensive UN Tax Convention. READ MORE

5. NNPC Warns Nigerians Against Panic-Buying, Assures Of 30-Day Sufficiency

 Following the surfacing of queues in some filling stations across the country, the Nigerian National Petroleum Company (NNPC) Limited has warned Nigerians against panic-buying saying it has fuel to cover for 30 days.This warning was contained in a statement released on Thursday,afternoon by the oil company saying the scarcity is on the back of reduced depot loadout in Apapa, Lagos over a few days, “and the root cause has since been addressed.” READ MORE

6. Tinubu Withdraws FERMA’s Chairman Appointment

The nomination of Engineer Imam Kashim Imam to chair the Federal Roads Maintenance Agency’s board of directors has been withdrawn, per President Bola Tinubu’s directive (FERMA).

According to THE MATRIX, Ajuri Ngelale, Tinubu’s Special Advisor on Media and Publicity, revealed this in a statement on Thursday. READ MORE

7. Traffic Advisory: FG To Shut Third Mainland Bridge For Repairs, Again

 The Federal Government has announced the closure of the ever-busy 11.8km Third Mainland Bridge to motorists from Saturday, October 21, 2023, to Sunday, October 22, 2023, to carry out repairs on some failed portions of the bridge.

 This development follows the outcry from motorists over the deplorable condition of the ever-busy bridge. READ MORE

8. Wike Dares Doctors to Strike Says He Won’t Pay Them On Resumsption 

Resident physicians in Abuja have received a warning from Nyesom Wike, the Minister of the Federal Capital Territory (FCT), not to threaten to take strike action.

According to Naija News, the Nigerian Association of Resident Doctors (NARD) has been staging intermittent work stoppages as a result of the Federal Government’s inability to accede to their requests. READ MORE

9. FMDQ Changes “I&E Window” to “NAFEM”

In a great effort to eliminate segmentation within the foreign exchange (FX) market and enhance consistency in terminology, the FMDQ Exchange recently announced a transition from the “Investors’ and Exporters’ (I&E) Window” to the “Nigerian Autonomous Foreign Exchange Market (NAFEM).”
This decision follows the Central Bank of Nigeria’s (CBN) recent market notice, which introduced a substantial change in the nomenclature within the Nigerian FX market. READ MORE

10. The nation’s pension assets have recorded a 15.34 per cent growth hitting N17.29 trillion at the end of August 2023 compared to N14.99 trillion as of December 2022.

 This is according to data from the National Pension Commission.

 During the period, pension assets amounting to N11.47 trillion, equal to 66.3 per cent were invested in Federal Government Securities, followed by Corporate Debt Securities, which accumulated 10.74 per cent and Money Market instruments 7.51 per cent. READ MORE