Good morning. Here is today’s summary from Nigerian Newspapers:
1. New Minimum Wage: Negotiation Continues
- FG, Labour, Private Sector Resume Wage Talks After Strike
- Reps Urge FG To Fix Realistic Minimum Wage For Nigerian Workers
- Say It’s Unfortunate When FG Talks About Minimum Wage, Shy Away From A Living Wage
- Finance Minister Submits Template to Tinubu Today
In an effort at arriving at a new minimum wage for Nigerian workers, Organized labour comprising the Nigeria Labour Congress (NLC); Trade Union Congress (TUC) and other affiliated bodies, Wednesday resumed negotiation with the Federal Government of Nigeria and Organised Private Sector (OPS). READ MORE
2. Kaduna: Assembly, El-Rufai Heading For Showdown
- It Is A ‘Politically Motivated Jaundiced Probe’- El-Rufai
- Some Loans Obtained By El-Rufai Didn’t Follow Due Process-Assembly
A row is brewing between the Kaduna State House Of Assembly and former Governor of the state, Malam Nasir El-Rufai. READ MORE
3. Nigeria’s Current Account Balance Above $1.432bn, Says IMF
The International Monetary Fund (IMF), says Nigeria’s current account balance has experienced a surplus of $1.432 billion in 2024. READ MORE
4. Why We Passed Bill To Increase Salaries Of Judicial Officers-Senate
The Senate has passed a bill seeking to prescribe improved salaries, allowances, and fringe benefits of Judicial office holders in Nigeria. READ MORE
5. Court Adjourns Shaibu’s Impeachment Suit Against Obaseki Over Defendants’ Absence
The Federal High Court Abuja has adjourned hearing in a suit instituted by the impeached Deputy Governor of Edo State, Phillip Shaibu, against Governor Godwin Obaseki and others till June 28, 2024. READ MORE
6. Court Grants FG’s Request To Seize N11.1bn Properties Linked To Emefiele
The federal high court sitting in Lagos has granted the federal government an order of interim forfeiture of properties valued at N11,140,000,000 linked to Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN). READ MORE
7. Collapsed Heritage Bank’s Customers To Receive Insured Deposit Within One Week, Says NDIC MD
Depositors of collapsed Heritage Bank Plc will receive their insured deposit of up to N5m within one week the Nigerian Deposit Insurance Corporation (NDIC) has assured. READ MORE
8. FG spent N3.6 trillion on fuel subsidy in 2023, projects N5.4 trillion in 2024 – ASAP Reports
Fuel subsidies are expected to cost over N5.4 trillion in 2024, according to the federal government, compared to the N3.6 trillion allocated for the same intervention in 2023. READ MORE
9. Naira abuse: Court adjourns Cubana Chief Priest Case
On Wednesday, a Federal High Court in Lagos postponed further proceedings till June 25 in order to discuss a case involving famous bartender Pascal Okechukwu, also known as the Cuban Chief Priest, and his alleged misuse of Naira. READ MORE
10. CAF debunks AFCON 2025 postponement rumours
The Confederation of African Football, CAF, has denied reports the 2025 Africa Cup of Nations has been moved to early 2026. READ MORE
