Good morning.  Here is today’s summary from Nigerian Newspapers: 

1. Subsidy: Sagay Speaks

* Says Sudden Manner Tinubu Announced Removal Created Untold Hardship
* FG Should Have Allowed Commencement Of Internal Production Before Removal
* Naira’s Freefall Must Stop, Otherwise, It Will Destroy Everything FG Is Trying To Do
* TUC Kicks Against Citizen’s Economic Hardship, Says It’s Tired Of Rhetoric

Following the implementation of some policies that include the removal of subsidy on the Premium Motor Spirit (PMS) popularly known as petrol and the floating of the naira by the President Bola Ahmed Tinubu’s-led government which had in turn created untold hardship for Nigerians, a Senior Advocate of Nigeria, Prof Itse Sagay has faulted the way and manner the president went about the implementation of those policies. READ MORE https://matrixngr.com/2024/02/10/subsidy-sagay-speaks/

2. EFCC Declares Emefiele’s Wife, Three Others Wanted

The Economic Financial Crime Commission, EFCC has declared Margaret, wife of former Central Bank Governor, Godwin Emefiele and three others wanted as part of their investigations involving the former banker. READ MORE https://matrixngr.com/2024/02/10/efcc-declares-emefieles-wife-three-others-wanted/

3. Shell Resumes Oil Delivery to Port Harcourt Refinery With 475,000 Barrels of Crude Oil.

Shell Petroleum Development Company Limited (SPDC) achieved a significant milestone for Nigeria's oil and gas sector by delivering 475,000 barrels of crude oil to the Port Harcourt Refinery, marking a pivotal step towards its imminent restart after years of dormancy. READ MORE https://matrixngr.com/2024/02/10/shell-resumes-oil-delivery-to-port-harcourt-refinery-with-475000-barrels-of-crude-oil/

4. Tinubu Signs Amended Electricity Act Bill Into Law

President Bola Tinubu, Friday, February 9, 2024 signed the Electricity Act (Amendment) Bill, 2024, into law. READ MORE https://matrixngr.com/2024/02/09/tinubu-signs-amended-electricity-act-bill-into-law/

5. Traffic Advisory: Lagos Govt Diverts Traffic For 2024 City Marathon

Ahead of this year’s Access Bank City Marathon slated for Saturday, the Lagos State government has issued a traffic advisory and has announced the closure of some roads in the city. READ MORE https://matrixngr.com/2024/02/09/traffic-advisory-lagos-govt-diverts-traffic-for-2024-city-marathon/

6. Amnesty International Kicks As Madagascar Passes Law To Castrate Child Rapists

Leading Human Rights group, Amnesty International has kicked against a new law in Madagascar which prescribed castration for child rapists. READ MORE https://matrixngr.com/2024/02/09/amnesty-international-kicks-as-madagascar-passes-law-to-castrate-child-rapists/

7. NGX: Investors Make N345bn Profit As Equities Market Reverses 4-Days Losing Streak

The equities market reversed 4-days losing streak to end the week on a positive note as investors made a profit of N345bn buoyed by strong performances by equities like MAYBAKER, GEREGU, MEYER and VERITASKAP. READ MORE https://matrixngr.com/2024/02/09/ngx-investors-make-n345bn-profit-as-equities-market-reverses-4-days-losing-streak/

8. N800 Billion Worth of Investments May be Lost Over Ban on Sachet Alcohol- Stakeholders 

The ban on alcoholic beverages in sachets and pet bottles less than 200ml may cause manufacturers and other stakeholders across the food and beverages value chain to lose investments worth over N800 billion. READ MORE https://matrixngr.com/2024/02/09/n800-billion-worth-of-investments-may-be-lost-over-ban-on-sachet-alcohol-stakeholders/

9. AFCON: Ex-Senate President, Mark, Osaze Charge Super Eagles To Win Trophy

Former Senate President, David Mark, and ex Super Eagles attacker, Osaze Odemwingie have tipped the Nigerian male senior national team to win the African Cup of Nation (AFCON) for Nigerians on Sunday, February 11, 2024. READ MORE https://matrixngr.com/2024/02/09/afcon-tragedies-anxiety-over-death-of-nigerians-during-s-africa-eagles-match/

10. Davido’s Baby Mama, Sophia Reveals What Changed Her Mentality As Single Parent

Sophia Momodu, one of the baby mamas of Nigerian music superstar, David Adeleke, popularly known as Davido has recalled how an incident changed her whole mentality as a single parent. READ MORE https://matrixngr.com/2024/02/10/davidos-baby-mama-sophia-reveals-what-changed-her-mentality-as-single-parent/