Good morning. Here is today’s summary from Nigerian Newspapers:
1. Unpacking The N27.5trn ‘Budget Of Renewed Hope’
- Tinubu Seeks Accelerated Passage Of Budget
- Projects 3.76% Economic Growth, Inflation To Moderate To 21.4%
- Budget Targets Micro-Economic Stability, Poverty Reduction, Others
In line with the tradition of the January to December lifecycle of the budget, President Bola Tinubu on Wednesday expressed his desire that the 2024 Appropriation Act come into effect on January 1, 2024. READ MORE
2. PDP Kicks Over Rendition Of Tinubu’s Campaign Tune In NASS’ Chamber
- Says It Confirms Apprehensions Of Nigeria Creeping Towards Totalitarianism, Fiefdom
The rendition of President Bola Ahmed Tinubu’s “On Your Mandate, We Shall Stand” campaign tune at the hallowed chamber of the National Assembly during the presentation of the 2024 budget has drawn the ire of the Peoples Democratic Party (PDP) on Wednesday condemned the rendition READ MORE
3. NDIC, EFCC to Investigate, Prosecute Individuals,Entities Responsible for Bank Liquidation
The Nigeria Deposit Insurance Corporation (NDIC) has taken a significant step towards enhancing the investigation and prosecution of individuals responsible for bank failures. READ MORE
4. Dapo Abiodun Shocked, Highly Devastated Over Murder Of Finance Director By Armed Robbers
The Governor of Ogun State, Dapo Abiodun, has been left shocked and highly devastated over the murder of Mr Taiwo Oyekanmi, the late Director of Finance and Accounts, in the office of the Governor, who was killed by suspected armed robbers on Wednesday in Abeokuta, the state capital. READ MORE
5. Wike Presents N61.5b 2023 Supplementary Budget To NASS To Prioritize Projects
Minister of the Federal Capital Territory, FCT, Nyesom Wike has presented a N61,553,778,259 billion 2023 statutory supplementary budget proposal for the FCT before the Senate and House of Representatives Committees of the National Assembly. READ MORE
6. Champions League: Arsenal Annihilate Lens To Win Group, Qualify For Last 16 As Man Utd Fumble, Again
Arsenal reached the Champions League knockouts as group winners by thumping Lens at Emirates Stadium. READ MORE
7. Amid Global Shocks, AfDB Lowers Economic Forecast Of Nigeria, Others
The African Development Bank has revised its short to medium-term macroeconomic forecast for Africa, for 2023 and 2024 downwards to 3.4% and 3.8%, from 4.0% and 4.3%. READ MORE
8. Amnesty International: Tinubu failed to uphold human right
After six months in office, President Bola Tinubu has been charged by rights organization Amnesty International for violating Nigerian human rights. READ MORE
9. CBN orders banks to comply with supreme court ruling
The Nigerian Supreme Court ruled on Wednesday that the Old Naira notes will continue to be accepted as legal money in the nation until further notice. The Central Bank of Nigeria (CBN) has upheld this decision. READ MORE
10. Naira Fails To Gain Against Dropping U.S dollar in 3 month low
Despite rising confidence that the US central bank was done hiking interest rates, the naira remained subdued throughout the mid-week trading session on the peer-to-peer market and felt weaker at the black/official market. This resulted in the dollar falling to a three-month low. READ MORE
