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Top 10 Stories Across Nigerian Newspapers, FRIDAY MORNING, AUGUST 09, 2024 - Nairaland / General - Nairaland

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Top 10 Stories Across Nigerian Newspapers, FRIDAY MORNING, AUGUST 09, 2024 by Matrixliveng: 2:54am On Aug 09, 2024
Good morning.  Here is today’s summary from Nigerian Newspapers: 

1. Fuel Subsidy: IPMAN Drops Bombshell

* Amid Continuous Claim Of Subsidy Is Gone, IPMAN Says FG Subsidizing Petrol By More Than N700
* Reveals How FX Volatility Threw 60% Of Members Out Of Business 
* Port Harcourt Refinery To Produce 12 Million liters Of PMS Daily 

Amid the continuous denial and claims from government quarters that Fuel subsidy is gone, the Independent Petroleum Marketers Association of Nigeria (IPMAN) has confirmed the return of fuel subsidy. READ MORE

2. #EndBadGovernance: Gov Raises Alarm Over Role Of Almajiris In Protests

* Says Illiteracy A Ticking Time Bomb, It Will Consume Every One Of Us

As the #EndBadGovernance protests gradually lose steam and heads homestretch, Nasarawa Governor Abdullahi Sule has raised an alarm over the role played by Illiteracy in fueling the protest in the north. READ MORE

3. How Zenith Bank’s Hybrid Rights Issue, Public Offer Holds Investors Value

In an important step toward meeting the Central Bank of Nigeria's (CBN) new minimum capital requirement of N500 billion, Zenith Bank Plc is making its ongoing hybrid rights and public offers available to the public at the bank's lowest price range, locking in a potential immediate return for new and existing investors of roughly 32%. READ MORE

4. Tinubu Orders Security Agencies To Intensify Crackdown Against Illegal Miners

President Bola Tinubu has ordered the security agencies to intensify their crackdown on illegal miners, which he called “exploiters and scavengers” in Nigeria’s mining sector. READ MORE

5. PDP Suspends Benue Ex Gov Suswam, Others Over Alleged Insubordination

The Peoples Democratic Party (PDP) in Benue State has taken disciplinary action against a former governor, Gabriel Suswam, and several other party chieftains. READ MORE

6. Nigerian Army Busts Illegal Oil Refineries In Niger Delta

Troops of the Nigerian Army deployed in the Niger Delta have made significant progress in the fight against oil theft and illegal refining.  READ MORE

7. Nigeria Registers 55% FX Increase In First six Months

The Central Bank of Nigeria (CBN) has stated that net foreign exchange flows increased to $25.4 billion between January and June, a 55% year-over-year rise, demonstrating the results of its policy initiatives. READ MORE

8. 5 Die, Fifteen Missing As Boat Capsizes in Jigawa

At least five people have lost their lives and fifteen others are missing after a boat accident on the Gamoda River in Taura Local Government Area of Jigawa State. READ MORE

9. Bimbo Akintola Lives Without Apologies

Veteran of Nollywood Bimbo Akintola has made a name for herself as a pioneering voice in narrative, especially for girls and women. Since her 1995 debut in the movie "Owo Blow," she has worked with notable figures in the business, including Richard Mofe-Damijo on "Out of Bounds" (1997).' READ MORE

10. Infantino Mourns As Ex CAF President, Issa Hayatou, Dies At 78

Issa Hayatou, a towering figure in African football, passed away on Thursday after a long illness. READ MORE



READ FULL STORIES ON: https://matrixngr.com/2024/08/09/top-10-stories-across-nigerian-newspapers-friday-morning-august-09-2024/

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