Good morning. Here is today’s summary from Nigerian Newspapers:
1. Naira Scarcity Bites Harder
- CACOL Bemoans Numerous Challenges Plaguing Mobile, Online Transactions
- Reps Wade In, Launch Probe Into PoS Operators’ Exorbitant Charges
- CBN Reads Riot Act To Banks, PoS Operators, Warns Against Collusion
In an echo of the fiasco that trailed the mis-adventure of the naira redesign policy of the Central Bank of Nigeria (CBN) almost a year ago, Nigerians are currently experiencing biting cash scarcity ahead of the yuletide season. READ MORE
2. Senate Passes Bill Extending 2023 Budget Implementation To March 2024
- Says Extension Will Enable MDAs To Execute The Proposed Projects
In a bid to provide all Ministries, Departments, and Agencies (MDAs) that received allocation in the 2023 Supplementary Budget more time to execute the proposed projects, the Senate on Thursday passed an amendment bill seeking the extension of the 2023 appropriation and supplementary budget to March 31, 2024. READ MORE
3. Catholic Bishops Clarify Church’s Position on Same-sex Blessings
The Catholic Bishops Conference of Nigeria has affirmed that Catholic Churches in the country will not perform blessings for same-sex unions. READ MORE
4. Nigeria’s Unemployment Rate Rises To 4.2% In Q2/23-NBS
Nigeria’s unemployment rate in the second quarter experienced a slight rise from 4.1% to 4.2%, the Labour Force report for the Q2, 2023 released by the National Bureau of Statistics (NBS) has shown. READ MORE
5. FG Appoints New Directors For Aviation Agencies
A week after the Federal Government sacked all directors and Chief Executive Officers of aviation agencies in Nigeria, the Minister of Aviation and Aerospace Development, Festus Keyamo, has announced the appointment of new directors for the agencies. READ MORE
6. Senate Confirms 11 Justices Nominated By Tinubu For Supreme Court
The Senate on Thursday confirmed the nomination of the 11 Justices of the Supreme Court made by President Bola Ahmed Tinubu. READ MORE
7. Yuletide: Transport companies, routes to get Tinubu’s 50% cut on fares
In response to concerns about growing transportation expenses, President Bola Tinubu recently announced a 50% discount for interstate travel on 28 sumptuous bus routes. READ MORE
8. Madrid, Barcelona, Juventus Wins As European Court Rules In Favour Of European Super League
Earlier today, on December 21, the European Court of Justice granted permission for the European Super League, a breakaway league. READ MORE
9. Again P&ID Loss, As Uk Court Throws Out $11 Billion Damages Bill Against Nigeria
A London court has overturned a $11 billion damage claim that the gas company Process & Industrial Developments (P&ID) Limited made against Nigeria. READ MORE
10. 100% Surge In Psychiatric Admissions In 2023,Less Doctor Available -Yaba Hospital
The number of mental patients admitted to the Federal Neuropsychiatric Hospital in Yaba increased by 100% in 2023, marking a notable peak. READ MORE