Good morning. Here is today’s summary from Nigerian Newspapers:
1. Naira’s Free Fall: Moghalu Speaks
- Blames Naira’s Decline On Over Dependence On Crude Oil, Lack Of Export Activities
- Bemoans Failure To Diversify Economy Away From Reliance On Natural Resources For FX Supply
- Says Nigerian Economic Challenges Require Extraordinary Political Will
Former Deputy Governor of the Central Bank of Nigeria (CBN) Kingsley Moghalu has blamed the poor performance of Nigeria’s ailing currency, the naira, on over dependence on revenue from crude oil sales, lack of exporting activities and the under development of the manufacturing sector. READ MORE
2. Police Reveal How Mr Ibu’s Son, Adopted Daughter Stole Over N55m From Actor
- Performed Shambolic Wedding, Planned To Escape To UK
The police in Lagos have revealed how Onyeabuchi, the son of actor John ‘Mr Ibu’ Okafor, and Jasmine Okekeagwu, his adopted daughter, conspired to steal over N55m donated for the actor’s hospital treatment. READ MORE
3. NEITI to Unveil 2022/2023 Oil, Gas, Solid Minerals Reports September- Official
The Nigeria Extractive Industries Transparency Initiative (NEITI) says it will unveil its 2022/2023 reports on oil, gas and solid minerals industries on Sept. 24. READ MORE
4. PDP Calls For Immediate Rescue Of Abducted Lagos State Chairman, Aivoji, Others
The Lagos State Chapter of the Peoples Democratic Party, PDP, has called on security agencies and government authorities to intervene promptly and secure the release of its abducted chairman, Philip Aivoji. READ MORE
5. NGX Unveils Plans To Review Listing Rules To Attract Diverse Businesses
In a bid to attract a more diverse array of businesses to the Nigerian equities market, the Nigerian Exchange Group has unveiled plans to review its listing rules with the aim of aligning them with global markets such as London Stock Exchange. READ MORE
6. AFCON 2023: Round Of 16 Gets Underway Tomorrow, Nigeria, Senegal, Egypt, Others Tipped To Progress
The Round of 16 of the ongoing Africa Cup of Nations in Ivory Coast will get underway tomorrow.
Nigeria, Egypt, Senegal, Angola, Equatorial Guinea, Cape Verde, Mali and Morocco are all tipped to go through. READ MORE
7. Akpabio Warns Nigerians Against Fake Senate Loan Scam Online
Senate President Godswill Akpabio has warned Nigerians against falling victims of a fraudulent online loan application circulating on various social media platforms. READ MORE
8. King Charles III Hospitalised, To Undergo Prostate Surgery
King Charles III was on Friday admitted to a London hospital for scheduled surgery to treat an enlarged prostate, Buckingham Palace has disclosed. READ MORE
9. Sanwo-Olu Unveils Plan To Float Commercial Airline For Lagos State
The Lagos State governor, Babajide Sanwo-Olu, has unveiled plans by the state to float a commercial airline. READ MORE
10. Popular Lagos Cleric, Pastor Feyi Daniels Bags Life Imprisonment For Raping Church Member
Popular Lagos Cleric and founder of iReign Christian Ministry, Feyi Daniels is to spend the rest of his life in prison for “raping a church member”. READ MORE
