Good morning. Here is today’s summary from Nigerian Newspapers:
1. Forex Crisis: Nigeria Battles Binance
- ‘No Plans To Pay’ – Binance Reacts To $10 Billion Fine From Nigerian Govt
- House Of Reps Summon Binance Boss Over Alleged Terrorism Financing, Issues Seven-Day Ultimatum
Nigerian Government recently took a final stand on crypto. The decision has lead to the largest cryptocurrency company, Binance Holdings Ltd. removing naira features on their website. READ MORE
2. Tinubu Making Impulsive Decisions — Ex-APC Vice Chair Hammers
Salihu Lukman, a former vice chairman of the All Progressives Congress (APC) in the North-West, has charged President Bola Tinubu with acting on impulse. READ MORE
3. Poor Power Supply: Minister Talks Tough, Summons AEDC, IBEDC, TCN bosses
- Says Non-performance of DISCOs could lead to outright licence revocation
Amidst the escalating electricity crisis gripping the nation, Minister of Power, Adebayo Adelabu, has taken decisive action by summoning key stakeholders from Abuja Electricity Distribution Company (AEDC), Ibadan Electricity Distribution Company (IBEDC), and TCN’s Managing Director, Sule Ahmed Abdulazeez. READ MORE
4. FG Threatens Sanction as Foreign Airlines Persist with High Fares
Any Foreign Airline that fails to comply with the directive to release low inventory tickets within weeks given by the Federal Government will be sanctioned . READ MORE
5. FG Pledges Data to Aid Qatari Businessmen Eyeing Nigerian Lithium
The Minister of Solid Minerals Development, Dele Alake, says Nigeria has comprehensive data on its lithium reserves available at the Nigerian Geological Survey Agency for investors to peruse. READ MORE
6. FCCPC Tasks Discos on Quick Response to Customers’ Complaints
The Federal Competition and Consumer Protection Commission (FCCPC) has advised distribution companies to design a quick response mechanism in addressing customers’ complaints within their networks. READ MORE
7. Mr Ibu is dead
Nigerian actor and comedian John Okafor known as Mr Ibu is dead. READ MORE
8. EPL: I remain head coach – Pochettino hits back at Chelsea calling for Mourinho
Chelsea manager, Mauricio Pochettino, has said he understands the frustration from fans who called for his sack during the 2-2 draw with Brentford on Saturday. READ MORE
9. Support me to flush out banditry, insecurity from S’West – Igboho speaks after Tinubu pardon
Sunday Adeyemo, also known as Igboho, is a Yoruba nation activist who has called on traditional leaders in the Southwest to aid him in driving out banditry and criminality from the area. READ MORE
10. Nationwide Protest: ‘We’re Not Sellouts’ – TUC Replies NLC Over Betrayal Claim
Regarding the recent nationwide demonstration against hardship in the nation, the Nigeria Labour Congress (NLC) made a claim of treachery, which the Trade Union Congress (TUC) has refuted. READ MORE
