Good morning. Here is today’s summary from Nigerian Newspapers:
1. New Minimum Wage: Amid Strike Suspension, Labour Still Talks Tough
- We Won’t Accept N3k Increase, Osifo Warns FG
- Says When It Comes To Labour’s Issue, It Should Be Taken Seriously
- Tinubu Directs Finance Minister To Present Minimum Wage Template
- Moghalu Canvasses N75-N100k As Minimum Wage, Reveals Why N494k Is Unrealistic
All might not be uhuru yet in the ongoing negotiation between the organized labour comprising the Nigeria Labour Congress (NLC); Trade Union Congress (TUC) and other affiliated bodies regarding a new minimum wage for Nigerians workers. READ MORE
2. Heritage Bank’s Collapse: CBN Debunks Planning To Withdraw Licenses Of Three Banks
- Says Allegations False, Intended To Trigger Panic In The Financial System
Amid skepticism and worries about the financial health of some other banks in the country, the Central Bank of Nigeria has debunked reports of plans to withdraw the licenses of three banks in the country. READ MORE
3. Foreign Investments Depend On FX Reforms, Not Higher Oil Production Fitch Tells FG
Global Ratings agency, Fitch Ratings has warned the Nigerian Government that the ongoing foreign exchange (FX) reforms are necessary to boost foreign direct investment (FDI) and foreign portfolio investment (FPI) not higher crude oil production. READ MORE
4. Strike: Shutting Down National Grid, Other Actions By Labour Equal To Economic Sabotage, Says Senate
The Senate has expressed worry over the implications of the shutdown of the National Grid and disruption of hajj flights, among other actions taken by the Organised Labour during the nationwide strike to agitate for a new minimum wage for Nigerian workers as economic sabotage. READ MORE
5. ‘Today, I Can Brag’, Tinubu Hails Wike Over ‘Excellent Performance’ As FCT Minister
President Bola Tinubu has disclosed that he is proud of the performance of Nyesom Wike as the Minister of the Federal Capital Territory (FCT). READ MORE
6. Low Turnout Forces INEC To Extend Voter Registration In Edo, Ondo
In a bid to allow more eligible persons to register following a low turnout of voters, the Independent Electoral Commission (INEC) has extended voters’ registration for Edo and Ondo States respectively. READ MORE
7. Nigeria’s National Prescription Policy steering group is officially inaugurated by FG
The Nigerian Minister of State for Health and Social Welfare, Dr. Tunji Alausa, announced today on his X account that the Federal Government of Nigeria has established a Steering Committee to develop the Nigeria National Prescription Policy in an effort to combat antibiotic resistance and enhance healthcare delivery. READ MORE
8. N3.7tr Budget Padding Saga: After Three Months Suspension, Senator Ningi Resumes
The lawmaker representing Bauchi Central Senatorial District, Senator Abdul Ningi, has resumed his legislative duties in the upper chamber after a suspension that lasted three months following his allegation of a N3.7tr budget padding allegation. READ MORE
9. EPL: Man City ‘Launch Legal Action’ Against Premier League Over Financial Rules
Ahead of their own 115-charge hearing on Financial Fair Play violation, Manchester City are taking legal action against the Premier League, The Times has exclusively revealed. READ MORE
10. I’ll Never Again Reveal My Political Inclinations – Toyin Abraham Vows
Toyin Abraham, who received negative feedback on social media for endorsing Bola Tinubu in the 2023 elections, has promised never to disclose her political views again. READ MORE
