Good morning. Here is today’s summary from Nigerian Newspapers:
1. Last Warning: FG Frowns At FMCG Outlets Over Price Hike
- Highlights consequences for infractions
- Reopens Abuja Store
Amidst mounting economic hardship, the Nigerian government has issued warnings to Fast-Moving Consumer Goods (FMCG) outlets throughout the country, threatening to close them down for engaging in misleading pricing practices. READ MORE
2. We’re Prepared to Welcome Africa Central Bank – Tinubu
In keeping with the goals of the Abuja Treaty, President Bola Tinubu declared on Saturday that Nigeria is prepared to welcome the African Central Bank. READ MORE
3. Nigeria Currently Has $30 Billion In Investment Pledge From Various Investors — Minister
Nigeria has received commitments for almost $30 billion in investments from a variety of companies, according to Minister of Industry, Trade, and Investment Dr. Doris Uzoka-Anite. READ MORE
4. Customs Auctions 462 Seized Vehicles For N556m, Grades Self
The ongoing e-auction of 462 impounded vehicles brought in around N556.74 million, according to the Nigeria Customs Service (NCS). READ MORE
5. Takeaway Ban: Lagos Begins Full Enforcement On Monday
The Lagos State Government will start enforcing the state-wide ban on the use and distribution of Styrofoam food containers on Monday.
READ MORE6. Nigerian Breweries Records N106 Billion Loss in 2023
Nigerian Breweries Plc has recorded a net loss of N106 billion for the year ended 2023, as against N13.93 billion posted in its 2022 financials, indicating 860 per cent loss READ MORE
7. Lagos To Punish Landlords Charging Excessive Rent
The Lagos State Government has issued a warning, stating that homeowners who are found to have rented out their apartments for excessive prices may face penalties. READ MORE
8. Tambuwal appears before gov’s probe panel
On Saturday, Sokoto State’s most recent governor, Senator Aminu Tambuwal, made an appearance before the state’s Judicial Commission of Inquiry, which is looking into some of the decisions his administration made when he was governor. READ MORE
9. AFCON 2023: Rivers Governor, Fubara gifts Nwabali N20m
Rivers State Governor, Siminalayi Fubara, has rewarded Super Eagles goalkeeper, Stanley Nwabali with N20m for his impressive performance at the 2023 Africa Cup of Nations. READ MORE
10. ‘I blame people who donated for your hospital bills’ – Burna Boy slams Eedris Abdulkareem
Nigerian singer Burna Boy has hit hard at his colleague, Eedris Abdulkareem, over yet-to-be-released podcast comments he made about him.
READ MORE
