Good morning. Here is today’s summary from Nigerian Newspapers:
1. N’Assembly Salary: Shehu Sani Counters RMAFC
- RMAFC Economical With The Truth- Sani Says
- Says As Senator, I Received N13.5m Monthly, Current Senators Earn N21m
- There’s No Need For Any Lawmaker To Deceive Nigerians
Fresh controversies have trailed the actual salary and renumeration received by the Lawmakers in the Nigerian national Assembly. READ MORE
2. Counter Subversion Bill: Abbas Bows To Pressure
- Withdraws Bill Seeking Jail Term For Refusal To Sing Reintroduced Anthem
The Speaker of the House of Representatives Tajudeen Abbas has bowed to pressure by withdrawing the controversial Counter Subversion and Other Related Bills which seeks to criminalise refusal to sing Nigeria’s reintroduced. READ MORE
3. BUA Cement, Tier-1 Banks Drag Market Capitalisation Down by N278 Billion
The Nigerian Exchange Ltd. (NGX) market capitalisation on Tuesday extended losses by N278 billion or 0.50 per cent, following selloffs in BUA Cement, Zenith Bank, FBN Holdings, among other declined equities. READ MORE
4. Nigeria Customs Service Introduces 150-Day Tariff Waiver on Staple Foods
Following President Bola Tinubu’s approval of a ‘zero tariff’ policy on imported foods, the Nigeria Customs Service (NCS) has unveiled guidelines for a 150-day tariff exemption on specific staple food items. READ MORE
5. Nigeria’s economy contracts for thirteenth straight month- CBN
The July Purchasing Managers’ Index (PMI) data from the Central Bank of Nigeria (CBN) shows that economic activity is still contracting, which is the 13th consecutive month of fall since June 2023. READ MORE
6. Ganduje’s Corruption Trial Documents stolen by Protesters – Kano Gov
Kano State Governor Abba Yusuf conducted an on-site assessment of the damaged Kano State High Court, which was vandalized and looted during the recent nationwide protests. READ MORE
7. Lagos Govt Condemns Attacks On BRT Buses
The Lagos State Government has strongly condemned the recent spate of attacks on its Bus Rapid Transit (BRT) buses and passengers. READ MORE
8. Fuel Prices Soar as Petrol Shortage Worsens
Nigerians are frustrated and angry about the ongoing fuel scarcity across the country. Long queues have formed at filling stations in many states, including Abuja, Kaduna, and Kano, with prices reaching nearly N1,000/litre. READ MORE
9. UEFA Super Cup: Mbappe Begins With Dream Start, Scores On Debut
Kylian Mbappé’s Real Madrid fairytale began with a dream start. The French striker’s crucial goal against Atalanta in the UEFA Super Cup was a moment the Los Blancos faithful had yearned for. It was a dream realized, a promise fulfilled.’ READ MORE
10. Peter Obi Meddles Into PSquare Beef
In the midst of their continuous feud, well-known politician Peter Obi visits the rival brothers Peter and Paul Okoye, commonly known as PSquare. READ MORE