Good morning. Here is today’s summary from Nigerian Newspapers:
1. The Cardoso’s Exposé
- Reveals How Forensic Audit By Deloitte Unveiled Monumental Fraud In FX Market
- Confirms NNPCL, Other MDAs Moving Their Funds To CBN, Says This Will Reduce Volatility
- Amid Free-Fall, Cardoso Says Naira Undervalued, Promises Stability As Reforms Are Implemented
The shock that trailed the recent exposé by the Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso is yet to subside. READ MORE
2. Dwindling Income: Senate Mulls Increasing Customs’ Revenue Target
- Reveals Why Revenue Generating Agencies Must Up Their Game
In a bid to ramp up the earnings of the federal government, indications have emerged that the Senate is considering an upward review of the N5.079 billion revenue target of the Nigeria Customs Service (NCS) from the second half of the year to save the country from further borrowings. READ MORE
3. Climate Change: NNPCL, US, Deloitte Partner On Greenhouse Emission Reduction From OML 34
In Abuja on Monday, the Nigerian National Petroleum Company Limited (NNPCL) unveiled a strategic alliance with the United States Department of States and the global management consultancy firm, Deloitte. This collaborative effort is aimed at achieving net-zero carbon objectives through the initiation of a project focused on reducing methane and other greenhouse gas emissions originating from the company’s upstream operations. READ MORE
4. Police Arrest Buhari Muhammad, Wanted Kidnap Kingpin, Others In Abuja Hotel
The Police in the Federal Capital Territory, FCT, have arrested suspected kidnappers, one Buhari Muhammad, and five other members of the kidnapping syndicate at a hotel in Abuja. READ MORE
5. AfDB Sets To Begin Disbursement Of $540m SAPZs Fund
- Oyo, Kaduna, Cross Rivers To Benefit From First Phase
All is set for the African Development Bank to commence the disbursement of $540 million to the first phase of states in Nigeria for the development of Special Agro-Industrial Processing Zones (SAPZs). READ MORE
6. Obi Charges FG to Tackle Corruption, Reward Hardwork
Mr Peter Obi, Presidential candidate of the Labour Party, has emphasised the critical importance of tackling corruption and criminality as a means of driving Nigeria’s economy forward. READ MORE
7. King Charles III Diagnosed With Cancer, Says Buckingham Palace
King Charles has been diagnosed with a form of cancer, says Buckingham Palace. READ MORE
8. Data Protection Revenue Hits N6.2bn In 2023 – Report
The report was unveiled on Sunday at the second anniversary dinner and awards, organised by the Nigeria Data Protection Commission (NDPC) in Abuja. READ MORE
9. Amusan Tobi Breaks The 60-Meter Hurdle Record.
At the New Balance Indoor Grand Prix in Boston, Nigerian sprinter Tobi Amusan established a new African women’s indoor record in the 60-meter event with a time of 7.75 seconds. READ MORE
10. “It Was Undervalued” Multichoice Tells Canal+ After Rejecting $2.5 Billion Acquisition Offer
Multichoice, a pan-African pay-TV operator, said that it has declined Canal+’s $2.5 billion purchase offer. READ MORE