Good morning. Here is today’s summary from TheMatrix Newspapers:
1. China-Nigeria Pact: Tinubu Demands Increase In $2bn Currency Swap Deal
- Says It’ll Speed Up Infrastructural Development, Deepens Strategic Bilateral Relations
- Demands Upward Review Of $50bn Aid Package For Africa
- MoUs Between Nigeria, China At Various Stages Of Implementation-Tuggar
In a bid to enhance trade between China and Nigeria, President Bola Tinubu on Thursday urged the government of the People’s Republic of China to increase the $2 billion currency swap between Nigeria and China to. READ MORE
2. Insecurity: Peter Obi Raises Fresh Alarm
- Says Frequent Kidnappings In Nigeria Worrisome, Needs Urgent Attention
The rising spate of insecurity, particularly kidnappings in the country has gotten the attention of the presidential candidate of the Labour Party in the 2023 election, Peter Obi who has expressed worry over the frequent occurrence of crimes. READ MORE
3. CBN Cancels Approval Of Extension Of Export Proceeds Repatriation
- Mandates Repatriation Of Proceeds Of Oil, Non-Oil Exports Within 180 Days, 90 Days
The Central Bank of Nigeria (CBN) has disclosed that requests for the extension of export proceeds repatriation by authorised foreign exchange (FX) dealers will no longer be approved. READ MORE
4. Lagos Gov Sanwo-Olu Signs Budget Estimate Of ₦3.366tn For 2025
The Lagos State Governor Babajide Sanwo-Olu has signed a budget estimate of ₦3.366 trillion for 2025 into law. READ MORE
5. “If Nigeria Can’t Work As One, Let’s Separate – Sunday Igboho
Yoruba Nation agitator Sunday Adeyemo, popularly known as Sunday Igboho, has reiterated his call for the separation of Nigeria’s ethnic groups, stating that if the country cannot function as a united entity, it would be better for each group to go its own way. READ MORE
6. Northern Governors Support Tinubu’s Tax Reforms, Seek Better Understanding – Governor Sule
Nasarawa State Governor Abdullahi Sule has debunked claims that Northern governors are opposing President Bola Ahmed Tinubu’s tax reform initiatives. READ MORE
7. Teacher Suspended For Assaulting Three-Year-Old Pupil In Ikorodu
The management of Christ Mitots School in Ikorodu, Lagos, has indefinitely suspended a teacher, Stella Nwadigo, after a video surfaced online showing her assaulting a three-year-old pupil, Abayomi Michael, during a numeracy lesson. READ MORE
8. Presidency Reveals How Tinubu’s Subsidy Removal Policy Saved Over 19 States From Bankruptcy
The Presidency has revealed how President Bola Ahmed Tinubu’s subsidy removal policy rescued more than 19 states from the brink of bankruptcy. READ MORE
9. Everton Sack Sean Dyche After Poor Premier League Run
Everton Football Club has terminated Sean Dyche’s tenure as manager after less than two years in charge at Goodison Park. READ MORE
10. Release Date For “King Of Boys 3” Announced
Renowned director Kemi Adetiba has officially revealed that the much-anticipated third installment of her hit series,
King of Boys, is set to premiere in December 2025.
READ MORE
