Good morning. Here is today’s summary from Nigerian Newspapers:
1. New Minimum Wage: I Need More Time To Consult- Tinubu
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FEC Steps Down Minimum Wage Memo For Further Consultations
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Tinubu To Consult With Govs, Private Sector Before Sending Proposal To N’ Assembly
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Organised Labour Kicks, Says Failure To Discuss Memo Giving Room For Speculation
Nigeria’s walk to a new minimum wage for its workforce continues as indications have emerged that President Bola Ahmed Tinubu has disclosed that he needs more time to consult widely on the appropriate amount to be paid as a new minimum wage for Nigerian workers. READ MORE
2. Emirship Tussle, Sultan Dethronement Rumour: Atiku Cries Out
- Calls For Protection Of Traditional Institutions From State Government’s Arbitrariness, Interference
As traditional institutions repeatedly come under scathing attack from state governments, former Vice President, Atiku Abubakar, on Tuesday, expressed concerns over the growing trend of state governments interfering with the traditional stool enthronement process. READ MORE
3. New borrowing, Ways And Means Increased Nigeria’s Debt By N24.3trn In Q1|24- DMO
The Debt Management Office (DMO) has disclosed that the rise in Nigeria’s public debt stock is partly due to new borrowing, as well as Ways and Means securitisation. READ MORE
4. Customs Grieves As Identity Of Officer Who Died During Reps’ Investigation Hearing Is Revealed
The Nigeria Customs Service (NCS) has been thrown into mourning after the identity of the senior officer who slumped and died during an investigative hearing conducted by the House of Representatives has been revealed. READ MORE
5. Emefielegate: Again, Court Orders Final Forfeiture Of $1.4m Linked To Ex-CBN Gov
Following an application filed and argued by the Economic and Financial Crimes Commission (EFCC), the Federal High Court, sitting in Lagos has ordered the final forfeiture to the Federal Government, of the sum of $1.4 million, linked to a former Central Bank of Nigeria (CBN) Governor Godwin Emefiele. READ MORE
6. Oyetola Describes Seafarers As Lifeblood Of The Maritime Industry
The Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola has described Seafarers as the lifeblood of the maritime industry, which is essential to the success of the Blue Economy. READ MORE
7. Cardoso Expresses Optimism, Says Worst Of Naira Volatility Over
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN) has expressed optimism that the excessive volatility of the naira may be a thing of the past. READ MORE
8. CBN finally permits IMTOs to sell FX directly on Nigeria’s official window
Foreign exchange (FX) may now be sold on Nigeria’s official window by qualified International Money Transfer Operators (IMTOs), according to the Central Bank of Nigeria (CBN).
READ MORE9. CHIVIDO 2024: Intrigues, Shades and Lessons
When David Adeleke popularly called Davido met Chioma Rowland as an undergraduate at Babcock University they never knew what fate had for them. READ MORE
10. EURO 2024: England, France Held To Draws Against Slovenia, Poland As Austria Stun Netherlands
England stuttered to a disappointing 0-0 draw with Slovenia in Cologne but it was still enough to win Group C at Euro 2024.
READ MORE
