₦airaland Forum

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

1. N80b Graft Saga: Yahaya Bello, EFCC Conundrum Continues

* Details Of How EFCC Officials Were Prevented From Arresting Bello At Kogi Gov's Lodge Emerge
* Hold EFCC Responsible If Anything Happens To Bello, Media Team Cries Out
* How Ododo Abandoned Official Duty To Escort Bello To EFCC's Office
* He Remains Wanted, EFCC Roars

For the second time, attempts by the officials of the Economic and Financial Crimes Commission (EFCC) to forcefully arrest former Governor of Kogi State, Yahaya Bello over an alleged N80.2bn money laundering case have failed. READ MORE

2. Edo Decides: INEC, Security Agencies On Red Alert

* Fears Of Rigging Looms Large As APC Files Complaints Against INEC's Officials
* Army To Oversee Border Areas, Navy, Waterways - DIG Frank Mbah Reveals

With barely 48 hours to go before the September 21 governorship election in Edo State, the fears of rigging is looming large over the elections with no fewer than 14 human rights groups expressing concerns about the potential compromise of the electoral process. READ MORE

3. Pension Fund Assets Surged To N20.79trn In July, Says PENCOM

The National Pension Commission (PenCom) has disclosed that the total pension fund assets it manages surged to N20.79 trillion in July. READ MORE

4. N70,000 Minimum Wage: Private Employers Risk Jail for Non-Compliance

According to the Federal Government, private employers must adhere to the N70,000 minimum wage, which includes domestic workers such as gatemen, housemaids, and drivers ¹ ². Failure to comply may result in jail time. READ MORE

5. No Pressure on Igbo Soldiers to Quit Nigerian Army, IPOB Clarifies

The Indigenous People of Biafra (IPOB) stated on Wednesday that it has no plans to force Igbo individuals to resign from the Nigerian Army or other security agencies. READ MORE

6. LP Crisis: Abure Fires Back, Reveals How Obi, Otti Betrayed Him 

The crisis rocking the Labour Party (LP) is showing no signs of abating soon as the faction loyal to Julius Abure has accused members of its National Working Committee of being persecuted by the Independent National Electoral Commission for their role in defending the mandates of former presidential candidate Peter Obi and Abia State Governor Dr. Alex Otti during the 2023 general elections. READ MORE

7. FG Launches Investigation Into Earth Tremors In Abuja

The Federal Government has launched a full investigation into the root causes of the recent earth tremors that rocked Mpape, a suburb of the Federal Capital Territory, FCT. READ MORE

8. AGF, Lateef Fagbemi Says Politicians 'Demarketing' Nigeria Are Unworthy Of Leadership"

The Attorney General of the Federation (AGF), Lateef Fagbemi, cautioned politicians against using social media to "demarket" Nigeria, stating that individuals who do so are unfit to lead the nation.  READ MORE

9. Former Head of State Abdulsalami Abubakar Laments Rising Hunger, Economic Hardship In Nigeria

Nigeria’s former Head of State, General Abdulsalami Abubakar, has expressed deep concern over the worsening hunger, hardship, and economic challenges facing the country, warning that the situation is "getting out of control." READ MORE

10. Champions League Round Of 16: PSG, Dortmund Secure Wins; Inter Milan Stalemates Man City

Paris Saint-Germain needed a late dose of luck to beat Girona 1-0 in the UEFA Champions League on Wednesday night. READ MORE


READ ALSO: https://matrixngr.com/2024/09/19/top-10-stories-across-nigerian-newspapers-thursday-morning-september-19-2024/

Shots Fired As EFCC Attempts To Arrest Yahaya Bello At Kogi Governor’s Lodge In Abuja


Gunshots have rented the air as officials of the Economic and Financial Crimes Commission (EFCC) are making an attempt to arrest former governor of Kogi State, Yahaya Bello, at the Kogi State Governor’s lodge at the Asokoro District in the Federal Capital Territory.

The attempt is however being rebuffed by security details at the lodge leading to some gunshots being fired.

The Matrix gathered that the entire area has been cordoned off and movements around that area have also been restricted to only operatives of the EFCC and other security agencies stationed there.

This is the latest installment in the chain of events that has trailed the former governor today.

Earlier, the governor had disclosed that he Honoured the invitation of the anti graft agency which is probing him over alleged N8.2bn money laundering saga.

He, however disclosed that he left the agency's office without being interrogated.

Reacting, the EFCC had countered Bello saying he remain wanted with an existing arrest warrant on him.

This is a developing story.....

SOURCE: www.matrixngr.com

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

1. Insecurity: No Excuses, End Banditry, TY Danjuma Charges CDS Musa

* Says  Number One Problem Today Is Insecurity
* We Cannot Afford To Fail, We Will Not Fail,” Gen Musa
* State Police Is A Necessity - Gov Sani
* 13,346 Killed, 9,207 Abducted across 667 of 774 LG - Amnesty International

Nigeria has faced a range of security challenges, including Boko Haram terrorism, militancy, armed robbery, banditry, ransom kidnappings, clashes between Fulani herders and farmers, cultism, and other social issues. READ MORE

2. Fuel Subsidy Removal and Other Concerns May Threaten External Reserves-CBN 

* Says Careful Management of the Transition is Imperative  to Avoid Short-term Risks to External Reserves-
* Analysts express divergent views

The Central Bank of Nigeria (CBN) has cautioned that the removal of fuel subsidies, rising import costs, and increased external debt servicing may adversely affect the country’s external reserves in 2024 and 2025. READ MORE

3. Tinubu Kicks Off $550 Million Gas Project

President Bola Tinubu’s government has announced the take-off of the $550 million upstream gas project between the Nigerian National Petroleum Corporation Ltd and TotalEnergies on the development of the Ubeta field. READ MORE

4. NNPCL  Reveals Why Oil Marketers Can’t Buy, Import Petrol from Dangote

The Nigerian National Petroleum Company (NNPC) Limited has explained the difficulties faced by oil marketers when it comes to purchasing and importing petrol from the Dangote Refinery. READ MORE

5. FG Issues Alert as Cameroon Set to Release Water From Lagdo Dam

The Nigeria Hydrological Services Agency (NIHSA) has announced the commencement of the gradual release of water from Cameroon’s Lagdo Dam to prevent flooding in Nigeria. READ MORE

6. 'Bundles Of Lies' Tinubu Did Not Ask CBN Gov, Cardoso To Resign – Presidency 

The Presidency has described reports making the rounds that President Bola Tinubu has asked Yemi Cardoso to resign from his position as the Governor of the Central Bank of Nigeria (CBN) as "bundle of lies". READ MORE

7.  FAAC:  FG, States, LGs Share N1.203trn In August, Down By N155bn 

A total sum of N1.203 trillion in August 2024 Federation Accounts revenue was shared among the Federal, State, and Local Governments in the country. READ MORE

8. Tinubu Appoints Ojukaye Amachree As Energy Security Head

Ojukaye Amachree has been appointed by President Bola Tinubu to the position of Director of Energy Security in the Office of the National Security Adviser (ONSA). READ MORE

9. LP: INEC Declares Julius Abure's Tenure As "Illegal and Unconstitutional"

The Independent National Electoral Commission (INEC) has announced that it no longer recognizes Julius Abure as the National Chairman of the Labour Party (LP), declaring his continued claim to the position as “illegal and unconstitutional.” READ MORE

10. Champions League: Liverpool Triumphs Over Milan, Bayern Crushes Dinamo

The Champions League kicked off with its expanded format on Tuesday night, with fixtures all over Europe. READ MORE

READ FULL STORIES: https://matrixngr.com/2024/09/18/top-10-stories-across-nigerian-newspapers-wednesday-morning-september-18-2024/

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

1. Borno Flood: Tinubu Visits Maiduguri, Pledges FG’s Support For Victims

* Announces Creation Of Disaster Relief Fund For Flood Victims
* Visits Flood Victims At IDP Camp In Maiduguri
* Says his  Thoughts And Prayers Are With Borno people
* Maiduguri’s Situation Is Quite Frightening- Nema
* Some residents still trapped – Ndume

 In light of the recent flood disaster, President Bola Tinubu of Nigeria has arrived in Maiduguri, the capital of Borno State. READ MORE


2. IPMAN Reacts to NNPC Selling Dangote Fuel Above N950/Litre

* Says No Sense  in  NNPCL Selling   Dangote Fuel higher than imported Ones
* Says N950/litre Dangote Petrol May Justify More Importation


The Independent Petroleum Marketers Association of Nigeria (IPMAN) has criticized the Nigerian National Petroleum Company Limited (NNPCL) for selling petrol from the Dangote Refinery at a higher price than imported fuel. READ MORE

3. Nigeria’s Inflation Rate Dropped to 32.15% in August-NBS

The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate further declined to 32.15 per cent in August 2024. READ MORE

4. Obedient Movement Endorses Senator Nenadi Usman As Caretaker National Chairman

Support groups aligned with the Obidient Movement, Labour Party (LP) members, and other affiliated groups have officially endorsed Senator Nenadi Usman as the caretaker national chairman of the Labour Party. READ MORE

5. "Tinubu Refused To Sign Peace Accord As Presidential Candidate" - Bishop Kukah Reveals

Bishop Matthew Kukah, a prominent cleric and convener of the National Peace Committee, has disclosed that President Bola Tinubu declined to sign a peace accord during his 2023 presidential campaign. READ MORE

6. WTO Director-General Ngozi Okonjo-Iweala Announces Bid For Second Term

World Trade Organization (WTO) Director-General, Ngozi Okonjo-Iweala, has announced her intention to seek a second four-year term as head of the organization. READ MORE

7. FG to Tap From $7 Trillion Global Halal Market, Says Presidential Aide

The federal government has evolved a strategy to tap into the seven trillion dollars of burgeoning global halal market products and services READ MORE

8. I'll Concede Edo Election Under One Condition-Ighodalo

Asue Ighodalo, the Peoples Democratic Party candidate for the September 21 governorship election in Edo State, has pledged to accept defeat gracefully if the election is lost fairly. READ MORE

9.  Telcos Begins Disconnection of  66m Lines Over Unlinked NIN-SIM

To enforce the federal government's directive on linking National Identification Numbers (NIN) with Subscriber Identity Module (SIM) cards, telecom operators have begun disconnecting approximately 66 million phone lines nationwide. READ MORE

10. Winfried Schafer Hint On Replacing Augustine Eguavoen

Winfried Schafer, a former coach of the Indomitable Lions of Cameroon, is poised to become the next coach of Nigeria’s Super Eagles. READ MORE


READ ALSO: https://matrixngr.com/2024/09/17/top-10-stories-across-nigerian-newspapers-tuesday-morning-september-17-2024/

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

1. Petrol Price: Dangote Refinery, NNPCL Disagree 

* Denies Selling Petrol at N898/litre to NNPCL
* We Have Documents" – NNPCL Insists On N898/Ltr
* Sale Was Conducted In U.S Dollars, Not in Naira - Dangote
* Sell Petrol to Us Directly-IPMAN to Dangote Refinery

A brewing storm in the Nigerian oil and gas sector has come to the fore as two industry giants, Dangote Refinery and the Nigerian National Petroleum Company Limited (NNPCL), are at loggerheads over a critical issue: the price of petrol. READ MORE

2. Edo Election: No Room for Vigilante Groups -IGP

* Anyone Caught With Weapons on Election Day Faces Instant Criminal Charges.

With the Edo State governorship election on September 21 rapidly approaching, Inspector General of Police (IGP) Kayode Egbetokun has announced that quasi-security outfits will be barred from participating in election security in the South-South state. READ MORE

3. Lifting of Petrol from Dangote Refinery  is a Milestone for Nigeria's Industrialization-FG

* Expresses Hope For Reduction In Petrol Pump Price
* Acknowledges Tinubu for Free Trade Zone Initiative During Lagos Governorship

The Federal Government has lauded the commencement of petroleum product lifting from the Dangote Petroleum Refinery and Petrochemicals, calling it a major milestone toward national industrialization and self-sufficiency in refining. READ MORE

4. Maiduguri Flood: NCoS Declares 281 Inmates Missing

The Nigerian Correctional Service (NCoS) has declared 281 inmates missing after evacuation of inmates by officers of the service with support from sister security agencies to a safe and secure facility. READ MORE

5. 2027:Wike's Camp Moves to Block Fubara's Re-Election Bid
As the 2027 general elections approach, leaders from the Ogoni and Oyigbo zones in Rivers State are advocating for a replacement for the current Governor, Siminalayi Fubara. READ MORE

6. Obasanjo Visits IBB, Abdulsalami, Gusau In Minna 
Former President Olusegun Obasanjo arrived in Minna, Niger State, on Sunday evening, heading directly to the hilltop residence of former Military President Ibrahim Badamasi Babangida (IBB). READ MORE

7. FAO Warns Nigeria Over Worsening Food Insecurity As Devastating Floods Continue

The Food and Agriculture Organization (FAO) of the United Nations has issued a warning over the increasing floods in Nigeria, which are making the country's already dire situation of food insecurity worse. READ MORE

8. Alleged Treason: "Tinubu Was Accused By Abacha In 1994" - Sowore

Omoyele Sowore, the 2023 presidential candidate of the African Action Congress (AAC), was briefly detained and released after his arrest on Sunday morning at Murtala Muhammad International Airport in Ikeja, Lagos State. READ MORE

9. 200% Boarding Fee Hike: Lagos Parents Hit Streets Of Lagos, Accuse Ministry Of Corruption

Parents of students attending Lagos Model Colleges are vehemently protesting a recent 200% increase in boarding fees, accusing the Lagos State Ministry of Education of corruption and insensitivity. READ MORE

10. 2027:Wike's Camp Moves to Block Fubara's Re-Election Bid

As the 2027 general elections approach, leaders from the Ogoni and Oyigbo zones in Rivers State are advocating for a replacement for the current Governor, Siminalayi Fubara. READ MORE

READ FULL STORIES: https://matrixngr.com/2024/09/16/top-10-stories-across-nigerian-newspapers-monday-morning-september-16-2024/

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

1. Petrol Lifting: NNPCL Deploys 300 Trucks,Vessels To Dangote Refinery

* NNPC Becomes Sole Buyer Of PMS From Dangote - FG
* Sale Of Crude Oil In Naira Commences
* Moves to Stop PMS Import by  October
* We Don't Know What The Government Is Doing - Marketers

The Nigerian National Petroleum Company Limited, NNPCL has delivered on its promise to begin lifting petrol from the Dangote Refinery on September 15, 2024 in line with the refinery's schedule.

2. Shettima, Atiku,PDP Govs,Ganduje Storm Benin,Canvass Votes For Okpebholo,Ighodalo

* Edo Will Witness a Positive Redefining and Reshaping of Governance-Shettima
* Edo is not Lagos,Atiku Warns APC
* This Election is Do-or Die Affair- Obasseki
The Edo State governorship election is heating up as top political leaders storm Benin City to canvass votes for their candidates. In a show of force, APC chieftains and PDP governors gathered to support their flagbearers, Okpebholo and Ighodalo, ahead of the crucial poll.

3. Tinubu Applauds  Military for Decisive Wins Against Terrorists in Nigeria's North West.

* Vows to Sustain Support Military to keep  Nigeria safe
* Insecurity will end soon in Nigeria- Ribadu
These rewritten headlines aim to make the original headline more concise, clear, and engaging, while emphasizing Tinubu's positive assessment of the military's operations against terrorists in Nigeria's North West region.

4. Lagos Revamps Traffic Plans as NNPC Rolls Out 300 Trucks for Dangote Refinery

In preparation for the start of petroleum lifting from Dangote Refinery, the Nigerian National Petroleum Company Limited (NNPCL) has dispatched over 300 trucks to the site.

5. President Tinubu Returns To Abuja After Official Visits To China, UK

President Bola Ahmed Tinubu is scheduled to return to Abuja on Sunday after concluding his official visit to China, followed by a brief stay in the United Kingdom.

6. 41 Feared Dead After Boat Capsizes In Gummi, Zamfara State

Tragedy struck in Gummi, Zamfara State, as a boat carrying 53 farmers capsized, resulting in the deaths of 41 people.

7. EFCC Declares 26-year-old Man Wanted For Allegedly Stealing Agency’s Vehicle

Ibrahim Mohammed, a 26-year-old male, has been listed as sought due to allegations of theft and unauthorized use of a car that belongs to the Economic and Financial Crimes Commission (EFCC).

8. Peter Opara Replaces Benneth Igwe As Abuja CP

The appointment of CP Peter Opara as the Federal Capital Territory Abuja's substantive Commissioner of Police has been approved by the Police Service Commission.

9. UNIBEN Students Trapped in Benin Building Collapse

An unconfirmed number of students of the University of Benin have been trapped in the rubbles of a three-storey building located on Ekhator Street in Ekosodin, which collapsed on Saturday.

10. Osimhen Makes Impact In Galatasaray Debut With Assist

Victor Osimhen on Saturday night got an assist in his debut for Galatasaray against Rizespor.

READ FULL STORIES: https://matrixngr.com/2024/09/15/top-10-stories-across-nigerian-newspapers-sunday-morning-september-15-2024/

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

1. Dangote Refinery Boycotted By Local Marketers - Devakumar 

* Local Marketers Prefer Importing Refined Products Despite Lower Prices
* Refinery's Vision to Reduce Nigeria's Reliance on Imported Petroleum Products Thwarted
* Alleges Marketers' Deliberate Attempt to Block Refinery's Operations
* NNPC Seeks Permanent Presence at Refinery Amidst Crude Supply Discussions
* Crude Pricing, Naira Exchange Rate Among Key Issues Yet to be Settled in Talks

Devakumar V.G. Edwin, Vice President of Dangote Industries Limited, has voiced his frustration over the local market's lack of support for the Dangote Refinery's products. READ MORE

2. Tinubu Hails N6.95 Trillion Trade Surplus, Credits Economic Reforms

* Nation’s Trade Surplus Hits N6.95trn in Q2 2024 Which is 6.60% Higher than Q1

President Bola Tinubu has welcomed the National Bureau of Statistics' (NBS) latest report on Nigeria's trade balance, highlighting a significant trade surplus of N6.95 trillion for Q2 2024. This surplus marks a 6.60% increase from the N6.52 trillion surplus recorded in Q1 2024, indicating a positive trend in the country’s economic performance. READ MORE

3. NNPC Suspends New Petrol Orders Amid Significant Backlog 

* The closure is to Prevent NNPC from Holding Marketers’ Funds for an Extended Period of Time

As Nigeria continues to face a persistent fuel crisis, the Nigerian National Petroleum Company (NNPC) has suspended new orders from marketers by shutting down its petrol application portal. This decision comes in response to a substantial backlog of pending orders that remains unresolved. READ MORE

4. Tinubu, Adeleke, Obasanjo, Atiku Mourn as Owa Obokun of Ijesaland, Aromolaran, Dies at 86

On Thursday, the town of Ilesa in Osun State was overcome with grief following the death of its king, the Owa-Obokun of Ijesaland, Oba Gabriel Aromolaran. READ MORE

5. Edo Gov Poll: Peace Accord Fallout May Affect Voters’ Turnout-Itodo

Yiaga Africa's Executive Director, Samson Itodo, warns that the fallout from Thursday's Peace Accord may have a negative impact on voter turnout in the upcoming September 21, 2024 governorship election in Edo State. READ MORE

6. BDCs Panic Over Losing Licences With 3 Months To Recapitalisation Deadline

Bureau De Change (BDC) operators have three months to comply with the new capital requirements, but they are citing strict circumstances, making compliance difficult. Concerns over the validity of their operating licenses are being raised by this. READ MORE

7. CBN Mandates New Routing For PoS Transactions

The revised routing instructions for Point of Sale (PoS) transactions have been issued by the Central Bank of Nigeria (CBN) to Payment Service Providers (PSPs). READ MORE

8. Flooding In Borno: Death Toll Rises To 30, 1 Million Displaced

A devastating flood swept through Maiduguri, the capital of Borno State, claiming at least 30 lives and displacing hundreds of thousands of residents. READ MORE

9. Cardi B, Offset Welcome Third Child

Grammy Award-winning rapper Cardi B and her partner Offset have announced the birth of their third child. The couple shared the happy news on Instagram, posting photos of their newborn daughter. READ MORE

10. Osimhen Takes Part In First Galatasaray Training After International Break 

Super Eagles striker, Victor Osimhen, has taken part in his first Galatasaray training session since he joined the club. READ MORE


READ FULL STORIES ON: https://matrixngr.com/2024/09/13/top-10-stories-across-nigerian-newspapers-friday-morning-september-13-2024/

The revised routing instructions for Point of Sale (PoS) transactions have been issued by the Central Bank of Nigeria (CBN) to Payment Service Providers (PSPs).

The goal of this measure is to improve Nigeria’s oversight of electronic transactions.

The directive—which was released on September 11, 2024—comes after the CBN took the effort to diversify the Payment Terminal Service Aggregator (PTSA) structure, which was run by a single aggregator up until that point.

The CBN’s Payments System Management Department, represented by Oladimeji Yisa Taiwo, has issued a circular requiring all point-of-sale (PoS) transactions, whether electronic or physical, from merchant and agent locations to be routed via any PTSA licensed by the CBN.

Read Also: https://matrixngr.com/2024/09/12/naf-airstrikes-neutralize-terrorists-in-niger-state/

The directive is part of efforts to decentralize PoS transaction routing and address concerns over the centralization of such transactions under a single entity.

The CBN has outlined several steps PSPs must adhere to under the new directive:

Mandatory Routing of PoS Transactions: Acquirers are now required to route all transactions from PoS terminals through any of the CBN-licensed PTSAs. This applies to both physical and electronic PoS terminals, ensuring that all transaction data is captured and monitored by the appropriate authorities.

Certification of Processors: PTSAs must only send PoS transactions to processors certified by relevant payment schemes, which must also be nominated by the acquirer and licensed by the CBN. This measure is designed to maintain the integrity and security of payment processes.

Processor Flexibility for Acquirers: Acquirers are given the flexibility to choose which processors and PTSA they want to work with, providing greater autonomy in transaction processing and management.

Read Also: https://matrixngr.com/2024/09/12/former-peruvian-president-alberto-fujimori-dies-at-86/

Device Configuration: All Payment Terminal Service Providers (PTSPs) are instructed to ensure that their PoS devices and applications are correctly configured to comply with the new directive, routing transactions through any of the licensed PTSAs as directed by the acquirers.

Monthly Reporting Requirements: Both PTSPs and PTSAs are required to submit detailed monthly reports to the CBN. PTSPs must report on the number of merchants and agents they manage, as well as the services used to route transactions, while PTSAs must submit reports detailing all transactions processed through their platforms. These are expected “to be submitted to the Director, Payments System Management Department, not later than seven (7) days after the end of each month.”

The CBN has given PSPs a 30-day window to regularize their operations in line with the new requirements. Both PTSPs and PTSAs must notify the CBN in writing of their compliance within this period.

The circular noted: “Consequently, you are hereby directed to commence regularization with the PTSAs and notify the CBN in writing to confirm compliance, within 30 days from the date of this Circular.”

SOURCE: www.matrixngr.com

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

1. #EndBadGovernance Protest: Tinubu's Govt Sliding Into Fascism –Afenifere

* Says Its Wrong To Arrest People Protesting Against Hardship
* Wants FG To Cut Back On Its Spending, If Broke
* Bail conditions for #EndBadGovernance protesters too  Harsh, Says Group
* FG weaponising  Stringent Bail Conditions to Justify Arbitrary Detentions-Amnesty International

Afenifere, a socio-cultural organization for the Yoruba people of Nigeria, has accused President Bola Ahmed Tinubu’s administration of drifting into an autocractic system. READ MORE

2. Edo Guber: Why PDP May boycott Peace Accord Signing

* Withdraw Wike’s Associates Posted to Edo as INEC REC, Police Commissioner, PDP Cries Out

The People’s Democratic Party (PDP) in Edo State has voiced concerns about potential police bias in the upcoming governorship election. They have highlighted the arrest and detention of at least ten PDP leaders, including Hon. Collins Aigbogun, the current Chairman of Esan West Local Government Area. READ MORE

3. Nigeria's Oil Marketers, Refiners Call for Complete Deregulation

Petroleum marketers, refiners, and depot owners in Nigeria are advocating for the complete deregulation of the downstream oil sector, calling for an end to government-imposed price controls and subsidies. READ MORE

4. Campaign Funds:Probe Obi, Yesufu, Afenifere, Labour Party Urges EFCC

The Labour Party's National Working Committee, led by Julius Abure, has called on the National Security Adviser and the Economic and Financial Crimes Commission to investigate allegations of financial misconduct involving Aisha Yesufu, Pastor Itua Ighodalo, the party's 2023 presidential candidate Peter Obi, and leaders of Afenifere. READ MORE

5. Naira Fluctuation:EFCC Freezes N548.6m in Bank Accounts Linked to Crypto Platforms

The Economic and Financial Crimes Commission (EFCC) of Nigeria has obtained a Federal High Court order to freeze N548.6 million held in bank accounts of suspected cryptocurrency users on platforms such as ByBit and KuCoin. This action, based on allegations of their involvement in manipulating the naira’s value, shines a new spotlight on these major foreign crypto platforms. READ MORE

6. U.S, Nigeria Hold Strategic Energy Dialogue in Washington

A U.S.-Nigeria inaugural strategic energy dialogue, which holds from Sept. 11 to 12, is underway in Washington, DC, U.S.A. READ MORE

7. DHQ Establishes Joint Monitoring Team to Combat Oil Theft

The Defence Headquarters (DHQ) has set up a new Defence Monitoring Team to oversee ongoing military operations targeting oil theft in the Niger Delta region. READ MORE

8. Abuja Receives 400 Nigerians Deported from UAE

On Wednesday, September 11, no fewer than 400 Nigerians deported from the United Arab Emirates (UAE) arrived at Nnamdi Azikiwe International Airport in Abuja. READ MORE

9. Presidency, National Assembly Design Relief Strategies for Maiduguri Flood Victims

The presidency and the National Assembly have designed strategies to bring succour to the victims of the devastating flood in Maiduguri, the Borno capital. READ MORE

10. Nigeria To Host Black Stars' AFCON Qualifiers After CAF Rejects Ghana's Stadium

Ghana's dream run in the 2025 Africa Cup of Nations qualifiers faces a hurdle as the Confederation of African Football (CAF) deems their usual home ground, Baba Yara Stadium, unfit for competition. READ MORE

READ FULL STORIES: https://matrixngr.com/2024/09/12/top-10-stories-across-nigerian-newspapers-thursday-morning-september-12-2024/

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

1. Flood Wreaks Havoc in Borno, Displaces Many, Inmates Escape

* Crocodiles, Snakes, Other Wild Animals Invade  Communities
* Situation Terrible - SEMA
* It's A "National Calamity" - Buhari
* Most Catastrophic In Three Decades - Vp Shetimma 

The ongoing flooding crisis in Nigeria, particularly in the northern states, is both deeply distressing and tragic. Since August 20, 2024 heavy rainfall has led to severe flooding in northern Nigeria, resulting in significant loss of life and widespread destruction. READ MORE

2. My Administration Restoring Confidence in Nigeria’s Economy- Tinubu

Says the Challenges Apresent Opportunities for Growth and Development

President Bola Tinubu says his administration is restoring confidence in Nigeria’s economy through measures to reduce inflation, stabilising the foreign exchange market, and improving fiscal management. READ MORE

3. PMS Lifting from Dangote Refinery: NNPC, Dangote Yet to Finalize Commercial Agreement

* The Necessary Terms and Conditions for the Deal Remain Unresolved

Four days before the September 15, 2024, date announced by the Nigerian National Petroleum Company Limited (NNPC) for beginning the lifting of Premium Motor Spirit (PMS) from the Dangote Refinery, investigations by The PUNCH reveal that no commercial agreement has yet been finalized between the two parties. READ MORE

4. Edo Govt Gives Reason for Shift in School Resumption Date

On Tuesday, the Edo State Government explained its decision to delay the start of the school year. READ MORE

5. NAFDAC Allegedly Recalls Dove Soap Over Harmful Chemical Impurity

Dove Beauty Cream Bar Soap (100g), batch number 81832M 08, manufactured in Germany, is being recalled by the National Agency for Food and Drug Administration and Control (NAFDAC) because it contains a dangerous chemical impurity. READ MORE

6. NNPC Ltd, Chevron Convert JV Assets to PIA Terms

The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner, Chevron Nigeria Ltd., have concluded the conversion of five of its JV assets into the Petroleum Industry Act (PIA) terms. READ MORE

7. NCDC Confirms 55 mpox Cases Out of 935 Suspected Ones in 21 LGAs

The Nigeria Centre for Disease Control and Prevention has said there are 55 confirmed cases of monkey-pox in Nigeria. READ MORE

8. Ogun State To Provide 100 CNG Buses To Local Transporters

In a bid to support local transportation and ensure fair pricing, the Ogun State Government has announced plans to provide 100 new 18-seater Toyota Hiace buses powered by Compressed Natural Gas (CNG) to transport unions. READ MORE

9. DJ Neptune Refutes Defrauding Laycon

DJ Neptune, a well-known Nigerian disc jockey, has denied scamming Laycon, a singer and previous BBNaija winner. READ MORE

10. Austine Eguavoen Resigns as Interim Super Eagles Coach

Augustine Eguavoenhas stepped down from his role as interim coach of the Nigerian national football team, the Super Eagles. READ MORE]

READ FULL STORIES: https://matrixngr.com/2024/09/11/top-10-stories-across-nigerian-newspapers-wednesday-morning-september-11-2024/

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

1. DSS Grills, Releases NLC President Ajaero

* l Was Grilled for About 15 Hours,My Passport Seized-Ajaero
* Why DSS Arrested Him - Source
* Police Acted On Petition After It Was Withdrawn — Air Peace
* Falana Reveals Reason For Arrest
* NLC Threatens Action

The Department of State Services (DSS) has revealed the reasons behind the arrest and detention of the President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero. READ MORE

2. TUC Advises Special FX Rate For NNPCL To Fix Petrol Prices

The Nigerian Customs Service (NCS) and the Central Bank of Nigeria (CBN) have been urged by the Trade Union Congress (TUC) to provide the Nigerian National Petroleum Company Limited (NNPCL) a preferential foreign exchange rate. READ MORE

3. FG Excludes Universities, Research Grants From TSA

The federal government has directed the exclusion of third-party research grant funds of federal universities and research institutions from the Treasury Single Account (TSA). READ MORE

4. "Labour Party's 2027 Presidential Ticket Not Reserved For Peter Obi" Julius Abure Says

Amidst escalating crisis in the Labour party, the embattled national chairman of the Labour Party, Julius Abure, has announced that the party’s presidential ticket for the 2027 election is no longer reserved exclusively for its former candidate, Peter Obi. READ MORE

5. NAHCO To Provide Passenger, Cargo Services For Returning Emirates Airlines

With the start of Emirates' flights to Nigeria again, the Nigerian Aviation Handling Company PLC (NAHCO) won the competition to supply Passenger and Cargo Ground Handling services for Emirates Airlines at Lagos Airport. READ MORE

6. Nigeria's VAT Revenue Increases To N1.5trn, CIT Surges To N2.4trn In Q2 2024- NBS

Revenue generated from Value Added Tax (VAT) between April and June this year representing the Second Quarter of 2024 has risen to N1.56 trillion naira, fresh data from the National Bureau of Statistics (NBS) released on Monday has shown. READ MORE

7. FG Fires Back At Atiku, Says No Plan To Increase VAT Beyond 7.5%

Wale Edun, the Minister Of Finance and the Coordinating Minister Of The Economy has disclosed that the federal government is not planning to increase the value-added tax (VAT) to 10 percent from the current 7.5%. READ MORE

8. AGF Seeks to Scrap Pardon for Those Convicted of Corruption

Prince Lateef Fagbemi (SAN), the Attorney General of the Federation and Minister of Justice, has stated that individuals convicted of corruption should not receive state pardons. READ MORE

9. 100-Cap: Harry Kane Reveals Ronaldo As Role Model

Harry Kane has declared himself at the peak of his physical and mental abilities, expressing his ambition to emulate Cristiano Ronaldo by extending his playing career well into his late thirties. READ MORE

10. Ayra Starr Dreams Of Love

The artist Ayra Starr, from Nigeria, has disclosed that she has never experienced love but is curious about what it's like. READ MORE

READ FULL STORIES: https://matrixngr.com/2024/09/10/top-10-stories-across-nigerian-newspapers-tuesday-morning-september-10-2024/

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

1. 'Umuahia Rebellion':Peter Obi and Otti's Conflict with Abure Escalates

* Obi Rejigs Media Team, Appoints Ibrahim Umar As New Spokesman
* Party Chieftains Laud Obi, Gov Otti's Faction
* Abure-led NEC to meet, prepare response for Obi, Otti

The crisis within the Labour Party (LP) has taken a new turn with both factions laying siege and appointing loyalists to take strategic positions. READ MORE

2. Senate Postpones Public Hearing For NNPC, Dangote, Others

On Sunday, September 8, the Senate ad hoc committee looking into claims of economic sabotage in the Nigerian Petroleum Industry rescheduled its public hearing, which was supposed to start on Tuesday. READ MORE

3. $4m Debt: Prof Akinyemi Warns Nigeria Over Chinese Deals

Bolaji Akinyemi, a political science professor, has advised President Bola Tinubu's government to exercise prudence while entering into agreements with China. READ MORE

4. Miracle Water: NAFDAC Issues Warning On Fake Products Promoted By Prophet Fufeyin

The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a strong warning to Nigerians about the fraudulent activities of Christ MercyLand Deliverance Ministries, led by Prophet Jeremiah Fufeyin. READ MORE

5. Atiku  Condemns FG's VAT Hike Plan, Says it Will Worsen Cost-of-Living Crisis

Former Vice President Atiku Abubakar has slammed the federal government's proposal to hike Value Added Tax (VAT), warning that it will exacerbate the country's cost-of-living crisis. READ MORE

6. 30 Confirmed Dead, 50 Cattle Burnt Alive In Petrol Tanker Explosion 

A petrol tanker explosion in the Agaie Local Government Area of Niger State has resulted in the confirmed deaths of over 30 people. READ MORE

7. Merger Talks: Atiku's Aide, LP, NNPP Disagree

On Sunday, major opposition parties refuted claims that Atiku Abubakar, the 2023 presidential candidate for the Peoples Democratic Party (PDP), or any of his associates had reached out to them about a rumored merger that has been widely reported since last week. READ MORE

8. PDP Crisis: Rabiu Kwankwaso Declares PDP 'Dead'

Rabiu Kwankwaso, the 2023 presidential candidate of the New Nigeria Peoples Party (NNPP), declared that the Peoples Democratic Party (PDP) is effectively finished in Nigeria. READ MORE

9. Oluwafemiayo Breaks World Record, Secures Gold At Paralympics

Nigerian powerlifter, Folashade Oluwafemiayo has etched her name in history by shattering a world record and claiming gold at the prestigious Paralympic Games. READ MORE

10. Sina Rambo, Wife Expects 3rd Child Even In Crisis

In the midst of their marital troubles, Nigerian singer Sina Rambo and his wife Heidi Korth are expecting their third child together. READ MORE

READ FULL STORIES: https://matrixngr.com/2024/09/09/top-10-stories-across-nigerian-newspapers-monday-morning-september-09-2024/

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

1. NNPC Ltd to Fully Buy PMS from Dangote Refinery Only if Global Prices is  Higher Than  Nigeria's Pump Price
* Dangote Refinery May Dump Local Market, Export Petrol
* No Intention to Become the Distributor for Any Entity in a Free Market Environment-NNPC
* Why Did NNPC Hike Petrol Price on Dangote Refinery's Launch Day -Nigerians

The Nigerian National Petroleum Company Limited (NNPC) has thrown down the gauntlet for the highly-anticipated Dangote Refinery, setting a crucial condition for the purchase of its fuel. READ MORE

2. Presidency Clarifies: Yacht in France With Nigerian Flag Not Owned by Tinubu

The presidency has addressed recent reports about a yacht flying the Nigerian flag spotted in St. Tropez, a French coastal town. Social media claims suggested that this yacht, allegedly owned by the Nigerian government, was being used for a vacation. READ MORE

3. CBN Approves $20,000 for eligible BDCs at N1,580 exchange rate

The Central Bank of Nigeria said it has approved $20,000 each for eligible Bureaux De Change at the rate of N1,580 to a dollar. READ MORE

4. FG Introduces Levy on Digital Transactions Above N10,000

The federal government has announced a N50 Electronic Money Transfer Levy (EMTL) on every transaction of N10,000 and above for customers of Fintech companies, such as Opay, Moniepoint, and others. READ MORE

5.We’ve Started Receiving Bank Alerts for Our Students’ Loans - MAPOLY Rector

Dr. Adeoye Odedeji, the Rector of Moshood Abiola Polytechnic (MAPOLY)Abeokuta said the institution have started receiving credit alerts for fees of students who applied for loans from the Nigeria Education Loan Fund (NELFUND). READ MORE

6. Obaseki's Wife Breaks Silence on Childlessness, Responds Oshiomhole' Comment

Mrs. Betsy Obaseki, the First Lady of Edo State, has opened up about her struggles with fertility, revealing that she has experienced multiple miscarriages, stillbirths, and the loss of babies in the womb. READ MORE

7. Tinubu Accepts His Spokesman Ngelale’s Resignation

President Bola Tinubu has received the memo from Ajuri Ngelale, his spokesman and special presidential envoy on climate action, informing him of his resignation for personal and health reasons. READ MORE

8. NANS Faction Preaches Against Protest, Says Not Solution To Fuel Price Hike  

Regarding the recent increase in petrol prices, the Forum of Zonal Coordinators of the National Association of Nigerian Students (NANS) has urged for a change from demonstrations to productive discourse. READ MORE

9. Abia Governor, Alex Otti, Breaks Silence On Deputy Speaker's Claim

Governor Alex Otti of Abia State has explained why he chose not to respond to Deputy Speaker Benjamin Kalu's assertion that the Labour Party's reign in the state would end in 2027, with the All Progressives Congress (APC) taking over. READ MORE

10. AFCON Qualifiers: Lookman Scores Brace As Super Eagles Revenge W/Cup Qualifier Loss

The Super Eagles of Nigeria beat Benin 3:0 on Saturday to gain confidence in the 2025 AFCON qualifier. READ MORE

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

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

1. Tinubu Moves To Address Fuel Price Hike, Directs Shettima To Meet With Stakeholders

* We  Are Working to Ensure Fuel Availability ,Prices Stability -Lokpobiri
* Ties Dangote Petrol Price to Forex Rate
* NNPC Yet to Lift Our Petrol – Dangote Refinery
* Petrol Prices Are Determined By Free Market Forces – NNPC Ltd

President Bola Tinubu has directed his deputy, Senator Kashim Shettima, to convene an emergency meeting with key stakeholders to address the recent surge in petrol prices and widespread scarcity across Nigeria. READ MORE

2. Nigeria’s Crude Oil Production Reaches 1.66 Million Barrels Per Day

The  Spokesperson for the Nigeria Customs Service (NCS), Abdullahi Maiwada, has said Nigeria’s crude oil production has  reached 1.66 million barrels per day. READ MORE

3. Dangote Refinery to Set Petrol Prices Starting October-Report

The Federal Government is reportedly considering granting Dangote's refinery the autonomy to determine the prices of Premium Motor Spirit (PMS), commonly referred to as petrol or fuel. READ MORE

4. First Bank Embarks on Campaign Against Cybercrime Surge

First Bank of Nigeria Ltd.,on Thursday, educated businesses and its customers on how to escape the upsurge of cyberspace fraud associated with the last quarter of the year known as “ember months”. READ MORE

5. Tax Waiver: Why Finance Ministry Delayed Implementation Of Tinubu’s Directive On Food Imports

Despite a presidential directive issued in July 2024, the Nigeria Customs Service has yet to implement a duty waiver on food imports aimed at reducing prices in the country. READ MORE

6. Rivers LG Poll: Court Reserves Judgment in APC’s Suit Against INEC

On Thursday, the Abuja Division of the Federal High Court reserved judgment in the suit filed by the All Progressives Congress (APC) against the Independent National Electoral Commission (INEC) over the conduct of the local government election in Rivers. READ MORE

7. FG Begins Sale of Rice at N40,000 to ‘Hungry’ Nigerians With NIN

The federal government has commenced the sale of 30,000 metric tonnes of milled rice to Nigerians at subsidised rates of N40,000 per 50-kilogramme bag. READ MORE

8. Summer Sales Benefit African Airlines With 7.4% Surge

The International Air Transport Association (IATA) has released data for July 2024, which shows that demand for African carriers increased by 7.4 percent year over year while capacity increased by 6.7 percent. READ MORE

9. Victor Osimhen Hits Training Ground Ahead Of AFCON Qualifier Vs Benin Republic

Before Nigeria's pivotal Africa Cup of Nations (AFCON) 2025 qualifier against Benin Republic, Super Eagles player Victor Osimhen has joined his counterparts at the training ground in Uyo. READ MORE

10. O’DA Art Debut With ‘ÀWA’ Exhibition

Simon Ojeaga and Daniel Olumide's "AWA" show is now on view at O'DA Art, a modern visual art gallery. This is the first time that the two artists, who are represented by O'DA Art Gallery, have shown together. READ MORE


READ FULL STORIES: https://matrixngr.com/2024/09/06/top-10-stories-across-nigerian-newspapers-friday-morning-september-06-2024/

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

1. New Twist In Labour Party Crisis As Caretaker Committee Chair Emerges

* Peter Obi Approves Removal of Julius Abure
* The Tenure of Abure's National working Committee had elapsed -Gov Otti
* No Vacuum in the Leadership of The Party-Abure
* Describes Ottis's Caretaker Committee as a Department in Abia State Govt. House.

The crisis rocking Labour Party took a new turn on Wednesday with the announcement of the composition of a 29-man caretaker committee to be chaired by former Minister of Finance, Senator Nenadi Usman. READ MORE

2. Amid Economic Hardship, Bill Gates Says Tax Collection In Nigeria Is Pretty Low

Bill Gates on Tuesday, September 2, 2024, during the Nutrivision 2024 in Abuja. READ MORE

3. Stakeholders Advocate Increased Investment In Non-Oil Export Products As A Panacea For Economic Diversification At The 2024 Zenith Bank International Trade Seminar

Stakeholders unanimously called for concerted efforts towards adding value to non-oil export products by processing them into semi-finished and finished goods in order to unlock significant economic benefits for the nation. READ MORE

4. Fuel Price Hike: Tinubu Pushing Nigerians To The Wall – PDP

The People’s Democratic Party (PDP) has accused the All Progressives Congress (APC) of exacerbating the plight of Nigerians with its recent decision to raise fuel prices to N1,000 per litre. According to a statement from PDP’s National Publicity Secretary, Debo Olungunagba, this hike will intensify the economic struggles already faced under the leadership of President Bola Tinubu and the APC. READ MORE

5. Whistle Blowing: "Price You Pay For Speaking Truth To Power" - David Hundeyin 

Renowned investigative journalist David Hundeyin has accused the Nigerian government of a relentless campaign to silence him and discredit his work. READ MORE

6. State Police: NEC Mandates States To Make Submissions Before Deadline 

All states have been given until September 9, 2024, by the National Economic Council (NEC) to express their opinions regarding the creation of State Police. READ MORE

7. Nigeria's Power Generation Breaks 3-Year Record, Reaching 5,313MW

Nigeria’s power generation rose to a three-year high of 5,313mw on Monday, the Ministry of Power has said. READ MORE

8. Non-Oil Export Hits $2.7 Billion On Rising Demand For Made-In-Nigeria Products

Nigeria's non-oil export industry brought in a total of $2.7 billion in revenue in the first half of 2024, primarily from rising demand for its products abroad. READ MORE

9. Super Eagles Winger, Ademola Lookman Nominated For Ballon d'Or

Nigerian international and Atalanta forward Ademola Lookman has been recognized for his exceptional performance in the 2023-2024 season with a nomination for the prestigious Ballon d'Or award. READ MORE

10. Flavour Impersonator Sentenced to Two Years in Prison

A federal high court in Lagos has sentenced a man who impersonated popular Nigerian singer, Flavour, to two years in prison. READ MORE


READ FULL STORIES: https://matrixngr.com/2024/09/05/top-10-stories-across-nigerian-newspapers-thursday-morning-september-05-2024/

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

1. Dangote Refinery Makes History with First Petrol Shipment to Nigerian Market
 * Dangote Refinery to Increase Daily Petrol Supply to 30m Litres in October-NMDPRA
* You dealt a blow to cabals’ — Otedola
* Dangote Refinery's Tracker to Reveal Nigeria's Accurate Fuel Consumption Patterns.
* The Introduction of Naira For Crude will Reduce the Demand for FX by 40%
* Dangote Assures Nigerians of Quality Petrol for Longer Car  Engine

A groundbreaking moment was achieved yesterday as the Dangote Refinery successfully  dispatched its first shipment of Premium Motor Spirit (PMS). READ MORE

2. NLC Calls for Immediate Reversal of Fuel and Electricity Price Hikes

* Says it is  a betrayal 

The Nigeria Labour Congress (NLC) has condemned the recent increase in petrol prices, calling for an immediate reversal of the hike and the 250% increase in electricity tariffs. READ MORE

3. Tinubu, Jinping Elevate Nigeria/China Ties To Comprehensive Strategic Partnership

Nigerian President Bola Tinubu and Chinese President Xi Jinping announced a significant upgrade in bilateral relations during their meeting in Beijing on Tuesday. READ MORE

4. FCCPC Restates Commitment to Protecting Consumers Against Exploitation, Unfair Prices

The Federal Competition and Consumer Protection Commission said the commission remains committed to its mandate to safeguard consumers from unfair, deceptive and exploitative pricing of goods and services. READ MORE

5. Nigeria Police Name Hundeyin, Others Of Helping Hackers Leak Classified Documents

The Nigeria Police Force has accused investigative journalist David Hundeyin, Michael Alade, and Bristol Isaac, also known as PIDOMNigeria, of being accomplices in a hacking incident that led to the leakage of classified government documents. READ MORE

6. Tinubu Unlocks N10 Billion For NBC, Supercharging Nigeria's Digital Broadcasting

President Bola Tinubu has given a significant boost to Nigeria's digital broadcasting revolution with a N10 billion grant approval for the National Broadcasting Commission (NBC). READ MORE

7. "I Will Never Ask You To Do Wrong" - Fubara To Rivers CP

Rivers State Governor, Siminalayi Fubara, has sternly warned the state's police commissioner, Olatunji Disu, and other officers to refrain from abandoning their core professional duties in favor of partisan political interests. READ MORE

8. Federal Government Approves Sokoto-Badagary Highway, 63 Dams

The Federal Government has announced significant infrastructure projects, including the first phase of the Sokoto-Badagary super highway and the construction of 63 dams to boost power generation.  READ MORE

9. Key Super Eagles Players Absent From Training Camp

The Super Eagles kicked off their preparations for the 2025 Africa Cup of Nations qualifier against Benin Republic with an intense training session in Uyo on Tuesday evening. READ MORE

10. Spyro Opens Up About On Struggles With Fornication

Popular Nigerian singer, Oludipe Oluwasanmi David popularly known as Sypro has opened up about his personal struggles with 'faith and sexuality'. READ MORE


READ FULL STORIES ON: https://matrixngr.com/2024/09/04/top-10-stories-across-nigerian-newspapers-wednesday-morning-september-04-2024/

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

1. Dangote's Petrol Conundrum: Why Export Might Be the Only Option

* Fuel Scarcity Sparks Widespread Anger and Protests
* Black Market Hits N1,200
* We’re Financially Strained –NNPC Ltd
Dangote Petroleum Refinery has commenced production of Premium Motor Spirit (PMS) and may export it if local demand is insufficient. READ MORE

2. Accused Briton Claims Innocence, Unaware of Fugitive Status

Andrew Wynne, a British national, has denied allegations by the Nigerian Police Force that he plotted to overthrow President Bola Tinubu's democratically elected government. READ MORE

3. Tinubu Not Taking Nation’s Security Lightly-Shettima

Vice President Kashim Shettima has emphasized President Bola Tinubu's keen interest in addressing Nigeria's security challenges, stressing the need for collective regional efforts to tackle the insecurity plaguing West Africa's Sahel region. READ MORE

4. No Restrictions on Nigerian Airlines, FG Assures

The Nigerian government has refuted claims that the US has banned Nigerian airlines, clarifying that no such action has been taken. According to Chris Najomo, acting Director General of the Nigerian Civil Aviation Authority (NCAA), Nigeria's Category One status under the International Aviation Safety Assessment (IASA) program, granted in 2010, remains intact. READ MORE

5. Tinubu Appoints New Board for BoI

President Bola Tinubu has approved the appointment of a new board for the Bank of Industry. READ MORE

6. Gov Dikko Escapes Death As Fire Engulfs Katsina Government House

A devastating fire broke out early this morning, destroying the red chamber of Katsina Government House.  READ MORE

7. Lalong, APC Stakeholders Beg Tinubu to Fill Plateau Ministerial Slot

Simon Lalong (APC/Plateau South) and All Progressives Congress stakeholders have urged President Bola Tinubu to fill Plateau’s vacant ministerial slot. READ MORE

8. Sanwo-Olu Unveils Lagos Red Line Schedule, Invites Lagosians To Take Part In Test Operations

The Lagos State Governor, Babajide Sanwo Olu has announced the schedule of the Red Line railway operation ahead of the commencement of full operation of the train service. READ MORE

9. PDP Summon Nyesom Wike Over Alleged Anti Party Activities 

The Peoples Democratic Party (PDP) has summoned former Rivers State Governor Nyesom Wike, now Minister of the Federal Capital Territory, over alleged anti-party activities.  READ MORE

10. Osimhen Priced Out of Napoli, Set for Turkish Transfer

Napoli have agreed to loan striker Victor Osimhen to Turkish champions Galatasaray. The deal comes after Osimhen's failed transfer attempts to Chelsea and Al-Hilal. READ MORE

READ FULL STORIES ON: https://matrixngr.com/2024/09/03/top-10-stories-across-nigerian-newspapers-tuesday-morning-september-03-2024/

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

1. N21Million Jumbo Pay: Akpabio, Abbass in Fresh Trouble As SERAP Drags them to Court

* Fixing own salaries and benefits is a breach of National Assembly members' fiduciary duties
* Paying  Running Costs  Into  Lawmakers' personal accounts violates FG Financial Regulation Rule 713 provisions

Amidst controversy surrounding the National Assembly, the Socio-Economic Rights and Accountability Project (SERAP) has taken legal action against Senate President Godswill Akpabio and House of Representatives Speaker Tajudeen Abbas, alleging they have failed to address unlawful practices regarding lawmakers' allowances and running costs. READ MORE

2. Petrol Queues: NNPC Admits Debt to Suppliers as Main Cause

* Petrol Importation Scam Must Be Investigated — Falana
Nigeria's state-owned oil company, NNPCL, has acknowledged a significant debt to petrol suppliers, which threatens the country's fuel supply sustainability. Reports suggest a $6 billion debt has exacerbated the petrol scarcity, a persistent issue since 2024. NNPCL previously attributed supply shortages to logistics challenges and flooding. READ MORE

3. Zenith Bank Maintains Leading Position In Profitability As PBT Soars To N727 Billion In H1 2024 Result

Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2024, recording an impressive triple-digit growth of 117% in gross earnings from N967.3 billion reported in H1 2023 to N2.1 trillion in H1 2024. READ MORE

4. N23.43trn Export Boom Marred by Rising Cargo Rejection

The Nigerian Shippers' Council (NSC) has expressed concern over the increasing rejection of Nigeria's agro-products by other countries, despite a 44% increase in exports at Lagos Port terminals. READ MORE

5. FG To Invest $800 Million In Power Sector- Minister

The federal government plans to invest $800 million in constructing sub-stations and distribution networks as part of the Presidential Power Initiative (PPI). READ MORE

6. Tinubu Arrives In China For 5-Day State Visit

President Bola Tinubu has arrived in Beijing, China, for a five-day official state visit aimed at strengthening bilateral relations and advancing key economic initiatives. READ MORE

7. APC Clinches All Seats in Kebbi LG Elections

The Kebbi State Independent Electoral Commission (KESIEC), on Sunday, declared the All Progressives Congress (APC) as the winner of Saturday’s local council polls in the state. READ MORE

8. Experts Seek Food Import Policy Implementation to Check Inflation

Some experts, in separate interviews on Sunday, called for the full implementation of zero duty on imported food produce and local production of refined petroleum products to check Nigeria’s inflation rate READ MORE

9. Rema Donates N105M To Support Church's Mission

Afrobeats sensation Divine Ikubor, popularly known as Rema, made a significant gesture of gratitude to his home church, Christ Embassy, on Sunday. READ MORE

10. Salah Hints At Liverpool Departure After Man Utd Masterclass

Mohamed Salah admitted this is likely his “last year” at Liverpool after his sparkling performance against Manchester United. READ MORE


READ FULL STORIES: https://matrixngr.com/2024/09/02/top-10-stories-across-nigerian-newspapers-monday-morning-september-02-2024/

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

1. Tinubu Is Manipulating Wike To Destroy  PDP-Lamido

* Says Wike Will Become A Political Orphan To Tinubu
* Buhari Didn’t Want Tinubu As President, Never Trusted Osinbajo
* I Will Put Fire In Your States, Wike Warns PDP Govs
* Says Nobody Will Take Away  River  State PDP Structure From Him

While the Peoples Democratic Party (PDP) is grappling with internal tensions, former Jigawa State Governor Alhaji Sule Lamido has alleged that President Bola Tinubu is using former Rivers State Governor Nyesom Wike as a tool to destabilize the People's Democratic Party (PDP). READ MORE

2. NIRSAL Leadership Shakeup: CBN Dismisses Top Directors

* "Human Capital Restructuring Process" -CBN

In a continuing wave of dismissals, the Central Bank of Nigeria (CBN) on Friday, August 30, 2024, added to its growing list of sacked officials. READ MORE

3. Flood Destroys 2517 Houses,1000 Hectares of Farmland in Gombe

The Gombe State Emergency Management Agency (SEMA), has said that 2,517 houses and shops were either completely or partially destroyed by flood which ravaged 33 communities in the state. READ MORE

4. Insecurity in N' West: Matawalle, CDS, Other Service Chiefs To Relocate To Sokoto 

Following  an increase  in terrorist and bandit activities ravaging Sokoto, Zamfara, Katsina, and Kebbi States.in Dr. Bello Matawalle, the Minister of State for Defence, has expressed grave concerns  and consequently  directed the Chief of Defence Staff and other high-ranking military officials to relocate to Sokoto to bolster efforts in combating these security threats. READ MORE

5. Nigeria’s Borders Will Soon Reopen for Business, Says Lawmaker

Sesi Whingah,  lawmaker representing Badagry Constituency in the House of Representatives, has assured his constituents that Nigerian borders will soon be opened for commercial activities. READ MORE

6. Over 20,000 People Reported Missing In Nigeria - Says ICRC 

The International Committee of the Red Cross (ICRC) has revealed that a staggering 24,025 people are missing in Nigeria, with the majority hailing from the country’s Northeast. READ MORE

7.  Ogun State Partners Babcock University To Boost Tourism Through Music

The Ogun State Government has pledged its support for Babcock University in promoting tourism through cultural activities, particularly choral music. READ MORE

8. "They Rained Bullets On Our Vehicle" -  Kidnapped Medical Student Narrates Ordeal 

After regaining freedom on August 24 , 2024, one of the ‘rescued’ 20 medical students of the University of Maiduguri and University of Jos, who were kidnapped on Thursday August 15 and held captive for nine days has narrated the horrific experience at the net of their abductors. READ MORE

9. Chidimma Adetshina Triumphs As Miss Universe Nigeria 2024

In a stunning turn of events, Chidimma Adetshina, the Nigerian model who faced xenophobic backlash in South Africa, has been crowned Miss Universe Nigeria 2024. READ MORE

10. NFF Appoints Interim Coach After Labbadia Deal Collapses

The Nigerian Football Federation (NFF) has announced the appointment of Austin Eguaveon as the interim coach of the Super Eagles. READ MORE

READ FULL STORIES: https://matrixngr.com/2024/09/01/top-10-stories-across-nigerian-newspapers-sunday-morning-september-01-2024/

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

1. 2027: Why Atiku Cannot Contest Presidency- Bode George

* What Is He Looking For In Public Office As An Octogenarian
* He Should Act Like Biden, Allow Younger Generation To Run
* My Concerns Are not About 2027, My Concern Is About 2024- Atiku
* Asks George To Advise Tinubu To Reassess His Ill-Advised Policies

A chieftain of the main opposition political party in Nigeria, the Peoples Democratic Party PDP, Chief Bode George has passed a damning verdict on the presidential ambition of former Vice President Atiku Abubakar ahead of the 2027 election. READ MORE

2. Tension As Ajaero Honors Police Invitation Today 

(* National Officers, State Councils, Affiliate Unions On Standby To Storm Police HQ, States Commands

There is palpable tension in Nigeria as the National President of the Nigeria Labour Congress NLC, Comrade Joe Ajaero will today, Thursday, August 29 present himself at the Nigeria Police Force (NPF) headquarters. READ MORE

3. Nigeria’s Export Value Surges To $2.7bn In H1/24 As Malaysia, Netherlands, Brazil Top Destinations

Nigeria's total export value for the first half of 2024 has surged to $2.7 billion indicating an increase of 2.6 per cent of the total value of exports compared to the first half of 2023. READ MORE

4. NCC Mandates Telcos To Complete NIN-SIM Linkage By September 14

The Nigerian Communications Commission, NCC, has set September 14, 2024 as the final deadline for the mandatory verification and linkage of Subscriber Identification Modules (SIMs) to National Identity Numbers (NINs) READ MORE

5. FG Unveils Identity Of Woman Threatening To Kill Yorubas, Benin In Canada

The Federal Government of Nigeria has unveiled the identity of a Canada-based woman who allegedly threatened to kill Yorubas and Hausas living in the country READ MORE

6. Atiku Condemns FG's Policy To Restrict Admission To 18 Years,

* Says It's Disincentive To Education

Atiku Abubakar, former vice-president, has condemned the policy setting 18 as the minimum age for tertiary institution admissions. READ MORE

7. ASUU, FG Deadlocked, Rescheduled Meeting For September 6

The Federal Government and the Academic Staff Union of Universities (ASUU) have agreed to reconvene on September 6, 2024, to continue negotiations on the lingering issues between the two parties. READ MORE

8. Discipline Melaye to Send Strong Message, PDP Coalition Tells Ikimi Committee

The Coalition of PDP Professionals has called on the Chief Tom Ikimi-led National Disciplinary Committee to take action against Senator Dino Melaye, the party's former Kogi State governorship candidate. READ MORE

9. UEFA Champions League 2024/25: A New Era Begins

The upcoming UEFA Champions League season promises a seismic shift with the introduction of a revamped format. READ MORE

10. Rudeboy Contemplates Retirement

The singer Paul Okoye, also known as Rudeboy,  has said that he and a few of his partners should have retired from the music industry by now. READ MORE


READ FULL STORIES ON: https://matrixngr.com/2024/08/29/top-10-stories-across-nigerian-newspapers-thursday-morning-august-29-2024/

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

1. Labour Party's Crisis Worsens

* Abure Sets Up Disciplinary Committee To Deal With Members Who Disobeys Him
* Your Tenure Has Ended, Convening NWC Meeting Illegal, Factional Leader, Okafor Roars
* INEC Mischievous For Saying Tenure Of National Executives Has Expired- Abure

The crisis currently rocking the Labour Party (LP) is showing no signs of slowing down any moment soon. READ MORE

2. Tinubu's Promises To MSMEs Not Mere Rhetorics- Shettima

* VP Commissions Ultra-Modern MSME Clinics, Fashion, ICT Hubs In Benue

The Vice President, Senator Kashim Shettima, has commissioned Ultra-Modern MSME Clinics Fashion & ICT Hubs in Makurdi, the Benue State capital, saying it is just the beginning of greater things to come under the administration of President Bola Ahmed Tinubu. READ MORE

3. GDP Growth May Not Translate To Improved Living Standards For Nigerians- Comercio Reports

Nigerians should exercise prudence in light of the country's increasing GDP growth rate, according to investment and advisory company Comercio Partners, which also notes that economic progress may not result in an improvement in the country's standard of life. READ MORE

4. Tigran’s Condition Deteriorating After 6 Months of Unjust Detention- Binance CEO

The Chief Executive Officer of Global Cryptocurrency platform, Binance Holdings Ltd, Richard Teng has bemoaned the continued detention of its executive director, Tigran Gambaryan. READ MORE

5. President Tinubu To Meet Chinese Counterpart in Beijing

Presidential spokesman Chief Ajuri Ngelale has announced that President Bola Tinubu is scheduled to meet with the President of the People's Republic of China in Beijing by early September. READ MORE

6. NEMA Reports 49 Deaths, 41,000 Affected In Northern Nigeria

Nigeria's northeast region is grappling with a devastating humanitarian crisis as heavy rains trigger widespread flooding. READ MORE

7. NAFDAC To Fine, Punish Bakers Using Saccharine In Bread

Saccharine is not approved and goes against industrial norms, according to the National Agency for Food and Drug Administration and Control (NAFDAC), which has issued a warning against its usage in bread READ MORE

8. Moghalu Resigns From APC

Chief Dr. George Moghalu, a foundation member and the All Progressives Congress's (APC) first National Auditor, has formally resigned from the party, citing personal reasons for his decision. READ MORE

9. Labbadia Unveils Squad To Face Benin Republic, Rwanda In AFCONQ

Newly appointed Super Eagles Manager Bruno Labbadia with the Nigeria Football Federation (NFF) has released a 23-man squad for the Super Eagles’ 2025 African Cup of Nations (AFCON) qualification matches against the Benin Republic and Rwanda. READ MORE

10. Mercy Johnson, Husband Celebrate 13th Blissful Years Of Marriage

On Tuesday, August 27, actress Mercy Johnson Okojie and her spouse Prince Okojie commemorated their 13th wedding anniversary by posting a romantic photo and video on their own Instagram accounts READ MORE

READ FULL STORIES ON: https://matrixngr.com/2024/08/28/top-10-stories-across-nigerian-newspapers-wednesday-morning-august-28-2024/

Chief Dr. George Moghalu, a foundation member and the All Progressives Congress’s (APC) first National Auditor, has formally resigned from the party, citing personal reasons for his decision.

Tuesday saw the arrival of Moghalu’s anticipated APC dump, which has been the subject of fervent conjecture since the beginning of the year.

In his resignation letter titled “Resignation of Membership in the APC,” the former Managing Director of the National Inland Waterways Authority (NIWA) addressed himself to the chairman of Uruagu Ward 1, Nnewi, Nnewi North LGA, Anambra State. Copies of the letter were sent to the party’s state and local chairmen.

The compact resignation letter dated August 26, he personally signed, read “I bring you good wishes of my dear family and to formally notify you of my decision to resign my membership of the APC with effect from today, August 26, 2024.

“Please, kindly accept this as my personal decision. It is my utmost desire and expectations that all of us will continue to maintain cordial relationship that we have built together over the years

“I wish you and all the members of the party the very best. Please, accept as always the assurance of my best regards,” he quipped.

SOURCE: www.matrixngr.com

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

1. 2027: Why It May Be Difficult To Sack Tinubu- Ex APC Chieftain 

* Opposition Leaders Are Unserious About Wrestling Power From Tinubu 
* Atiku, Obi, Kwankwaso, Others Fighting Survival Battle
* Opposition Leaders Must Develop Alternative Political Platform By December 2024

While the 2027 General Elections are still some two and a half years away, indications have emerged that it may be a Herculean task to wrest power from the incumbent President, Bola Ahmed Tinubu and the ruling All Progressives Congress (APC). READ MORE

2. Change Of Guards At NIA, DSS

* Kwara Gov Hails Appointments, Says Appointees Great Professionals 

There are new sheriffs in the saddle at the National Intelligence Agency (NIA) and the Department of State Services (DSS). READ MORE

3. Oando/Agip $783m Deal Followed Due Process, Complied with Extant Rules- NUPRC

The divestiture agreement between Oando and Nigerian Agip Oil Company (NAOC) was approved by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Monday, citing conformity with current legislation and due procedure. READ MORE

4. NNPC Ltd Announces LNG Shipment To Japan, China 

The Nigerian National Petroleum Company Limited (NNPCL) has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on a Delivered Ex-Ship (DES) basis. READ MORE

5. CBN Raises Rates For Standing Deposit Facility To Control Liquidity

The Standing Deposit Facility (SDF) rates have been raised by the Central Bank of Nigeria (CBN) as part of its continuous attempts to control liquidity in the banking sector. READ MORE

6. Nigeria's Economy Grows By 3.19% In Q2/24, Says NBS

Nigeria’s Gross Domestic Product (GDP), the parameter used in measuring economic growth grew by 3.19% year-on-year in Q2/24 primarily driven by the service and the agricultural sectors. BREAKING: Nigeria’s GDP Grows By 3.19% In Q2, 2024 – NBS Reports

7. Nigerian Police Detain 97 Shi'ites Following Deadly Clash

The Nigerian Police Force has arrested 97 members of the proscribed Islamic Movement of Nigeria (IMN), also known as the Shi'ite group, following a violent confrontation in Abuja on Sunday. READ MORE

8. Nigeria Recognizes Only 5 Varsities Benin, 3 In Togo, Rest Are Illegal- Education Minister

The Federal Government of Nigeria has disclosed that it only recognises three institutions in Togo, and five in Benin Republic while it tagged the rest as illegal institutions. READ MORE

9. Transfer Window: Napoli Reduces Osimhen's Price To €70 million.

Victor Osimhen's future remains shrouded in uncertainty as the transfer window nears its close. READ MORE

10. Fireboy Collaborates With Lagbaja, Seun Kuti, Others On 4th Album

The track listing for Fireboy DML's eagerly awaited fourth studio album, "Adedamola," which is set for release on August 29, 2024, has been made public. READ MORE

READ FULL STORIES ON: https://matrixngr.com/2024/08/27/top-10-stories-across-nigerian-newspapers-tuesday-morning-august-27-2024/

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

1. New Era Begins At Supreme Court: Kekere Ekun Steps In As Ariwoola Bows Out 

* Tinubu Returns From France, To Swear In Kekere-Ekun As CJN
* Urges Nigerian Judiciary To Live Up To Its Constitutional Mandate
* NBA Seeks Judicial Improvement To Justify Increased Salaries 
A new era will begin at the Supreme Court as President Bola Ahmed will today swear in Justice Kudirat Kekere-Ekun as the next Chief Justice Of Nigeria (CJN). READ MORE

2. OVH Acquisition: NNPC Ltd Fires Back At Atiku

* Says President Tinubu, Wale Tinubu Have No Interest

The recent allegations by former Vice President, Atiku Abubakar that the Nigerian National Petroleum Corporation Limited (NNPCL) has been hijacked by “corporate cabals” around President Bola Tinubu has been shot down by the state oil company. READ MORE

3. Oando Plc Acquires Nigerian Agip Oil Company For $783 Million

For a total payment of $783 million, Oando PLC has successfully acquired the Nigerian Agip Oil Company (NAOC) from the Italian oil giant Eni. READ MORE

4. Chinese Firm, Zhongshang Seizes Another $57m Nigerian Jet In Canada

In furtherance of its onslaught against the Nigerian government, the Chinese firm, Zhongshang Fucheng Industrial Investment Ltd., has finalised the repossession of a luxury jet owned by Nigeria in Canada. READ MORE

5. Nigeria’s Aviation Sector Needs Strategic Investments to Reach Full Potential, Says Minister

The Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, says airport viability is important in driving the success of the aviation industry. READ MORE

6. Court Discharges Six #EndSARS Participants

An Ikeja Chief Magistrates’ Court has discharged and acquitted six men who were accused of breaching public peace during the 2020 #EndSARS protests. READ MORE

7. First Lady Empowers 37,000 Petty Traders With N1.85 Billion

On Thursday, the First Lady, Sen. Oluremi Tinubu, launched a program to provide N1.85 billion in capital empowerment support to 37,000 women petty traders across Nigeria. READ MORE

8. N555m Fine: Fidelity Bank Debunks Data Breach Allegations

Following the N555.8m fine slammed by the Nigerian Data Protection Commission (NDPC) on Fidelity Bank over data breach allegations, the tier-1 bank has debunked the claim saying no data was breached. READ MORE

9. Chidinma Adetshina Lands In Nigeria For Miss Universe Pageant

Chidimma Adetshina has returned to her father's country of origin to participate in the Miss Universe Nigeria competition, following a 20-year hiatus. READ MORE

10. UEFA Conference League play-off: Chelsea defeat Servette 2-0 in first leg

Chelsea's journey in the UEFA Conference League began with a resounding 2-0 victory over Servette in the first leg of their playoff tie. READ MORE

READ FULL STORIES ON: https://matrixngr.com/2024/08/23/top-10-stories-across-nigerian-newspapers-friday-morning-august-23-2024/

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

1. Amid Fresh Crisis, PDP Inaugurates Reconciliation, Disciplinary C'tees

* I Can’t Be Intimidated Into Resigning – Acting Chair, Damagum Roars
* Says There Was. precedent To The Letter To The Appeal Court
* I Don't Run From A Fight, I Won't Leave PDP, Wike Taunts Clark

There appears to be no end in sight to the perennial crisis rocking the Peoples Democratic Party (PDP) if recent developments are anything to go by. READ MORE

2. Ajaero's Terrorism Financing Allegation; TUC, CISLAC Kick

* Don't Be Used As Tool To Silence Labour, CISLAC Tells Police

Fresh outrage has trailed the allegation of terrorism financing allegation levelled against the President of the Nigeria Labour Congress, Comrade Joe Ajaero. READ MORE

3. Supporting Local Refineries Will Reduce Dependency On Importation, Stimulate Economic Growth- Lokpobiri

As Nigerians continue to grapple with long queues and biting fuel scarcity, the Federal Government of Nigeria has disclosed that supporting local refineries is required for increased crude production, enhancing domestic refining capacity, reducing dependency on imported refined products, and stimulating economic growth. READ MORE

4. FG Increases Passport Fees To N50k, N100k Respectively, Gives Reason

In a bid to maintain and quality and integrity of the Nigerian Standard Passport, the federal government of Nigeria has approved the upward review of the cost of procuring the country’s passport. READ MORE

5. NNPC Generated N12.02, N2.04 Trillion In Nigeria, Panama In 2023

In 2023, the Nigerian National Petroleum Company (NNPC) Limited made N2.04 trillion from sales of crude oil to Panama, a Central American nation, and N12.02 trillion from sales of crude oil within Nigeria. READ MORE

6. We Didn't Share Funds Forfeited By Emefiele, Associates- EFCC

The Economic and Financial Crimes Commission (EFCC) has denied sharing forfeited assets linked to the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele and his associates. READ MORE

7. Anti-Corruption Agency Arrests Kwankwaso, CoS, Others For Alleged Fraud 

Anti-corruption agency in Kano State, Public Complaints and Anti-Corruption Commission, has arrested Musa Kwankwaso, a nephew of presidential candidate Rabiu Musa Kwankwaso, over a multi-billion naira drugs supply scam. READ MORE

8. One Year In Office: Wike Declares 'Park-and-Pay' Scheme Illegal

Marking his first year in office, Minister of the Federal Capital Territory (FCT) Nyesom Wike announced on Wednesday that the On-Street Parking scheme, also known as 'Park-and-Pay', is illegal due to fraudulent contract agreements. READ MORE

9. Bayern Munich Manuel Neuer Retires From International Football

Bayern Munich goalkeeper Manuel Neuer has officially retired from international duty. READ MORE

10. BBNaija S9: Tacha Stan With Wanni X Handi

Natacha Akide, also known as Tacha, a former Big Brother Naija Pepper Dem contestant, has disclosed her favorite duo for the current season. READ MORE

READ FULL STORIES ON: https://matrixngr.com/2024/08/22/top-10-stories-across-nigerian-newspapers-thursday-morning-august-22-2024/

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

1. Terrorism Financing Allegation: Fresh Showdown Looms Between FG, Labour

* NLC Talks Tough, Vows To Ground Nigeria If Anything Happens To Ajaero
* Falana Replies Police, Reveals When Ajaero Will Be Available 
* Amnesty International Accuses FG Of Trying To Cripple Labour

Barely two months after a face-off between the Nigerian government and organized labour over the minimum wage for Nigerian workers, both parties might be heading for a fresh showdown. READ MORE

2. LG Autonomy: FG Moves To Enforce S' Court's Judgement

* Akume, Fagbemi, Bagudu, Edun, Cardoso, 5 Others Make 10-Member Committee 

Following the July 11, 2024 Supreme Court's ruling which granted Autonomy to Local Governments, the third tier of government, the Federal Government has set up a 10-member committee to implement the apex court's judgement. READ MORE

3. COP 29: FG to Save Over N10 Billion After Cutting Down Expenses, Says Presidency

Ajuri Ngelale, special presidential envoy on climate action, says the federal government has implemented cost-saving measures ahead of the United Nations Climate Change Conference or Conference of the Parties (COP 29) in Azerbaijan in November. READ MORE

4. Why FG Cannot Force Us To Sell Crude To Dangote, Others - Oil Producers

Nigerian oil producers, represented by the Independent Petroleum Producers Group (IPPG), have expressed concerns about being forced to sell crude oil to local refineries, including the Dangote Refinery. READ MORE

5. Diaspora Remittance Inflows Surge By 130% To $553m In July, Says CBN

Remittance inflows have increased 130%, according to the Central Bank of Nigeria (CBN), and reached $553 million in July 2024. READ MORE

6. Corruption Case: Appeal Court Orders Yahaya Bello To Appear In Court

Former Kogi State Governor, Yahaya Bello, has been ordered to appear in court to answer corruption charges leveled against him by the Economic and Financial Crimes Commission (EFCC). READ MORE

7. Edo Election: INEC Releases Voters Register To Parties

Independent National Electoral Commission (INEC) in Edo on Tuesday presented soft copies of voters register to political parties participating in the Sept. 21 Edo governorship election. READ MORE

8. Appeal Court Upholds Philip Shaibu As Edo State Deputy Gov

The Court of Appeal in Abuja has dismissed an appeal by the Edo State House of Assembly, affirming Comrade Philip Shaibu as the rightful Deputy Governor of Edo State. READ MORE

9. Phil Foden, Cole Palmer Win Big At PFA Awards

Manchester City's Phil Foden has been crowned the Professional Footballers' Association (PFA) Player of the Year, while Chelsea's Cole Palmer has taken home the Young Player of the Year award. READ MORE

10.  Lakatabu Hits N200 Million In Nigerian Box Office

Lakatabu, an indigenous Yoruba-language film from Nollywood, has made N200 million at the box office. READ MORE


READ FULL STORIES: https://matrixngr.com/2024/08/20/top-10-stories-across-nigerian-newspapers-wednesday-morning-august-21-2024/

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

1. Fuel Subsidy: Confusion Over Debt Claims By NNPC Ltd

* CFO Confirms FG Owes N7.8Tri As Subsidy Debt From January To July
* Atiku Demands Clarity On Petrol Subsidy Policy, Crude Oil Refining 
* NNPCL Reports N3.3tr Profit In 2023, Revenue Hits N27.99tr
* Oil Marketers Reveals Reason For Fresh Fuel Scarcity

Amid constant denial by th Federal Government and relevant stakeholders, the Nigerian National Petroleum Company Ltd has confirmed the return of fuel subsidy. READ MORE

2. Crude Oil Sales In Naira: Hope Rises For Dangote Refinery, Others

* FG Sets October 1 Timeline To Commence Selling

After an initial hiccup, hopes appears to be in the horizon on when  Dangote Refinery and other local refineries will begin to buy crude oil in local currency. READ MORE

3. Zacch Adedeji Assures N19.4 Trillion Revenue Projection In 2024

Zacch Adedeji, the head of the Federal Inland Revenue Service (FIRS), has said that the federal government is expected to meet its 2024 revenue target of N19.4 trillion. READ MORE

4. ASUU Issues 21-Day Warning Strike Notice To Federal Government

The Academic Staff Union of Universities (ASUU) has officially notified the Federal Government of its intention to embark on a nationwide strike. READ MORE

5. N90Bn Alleged Fraud: Tinubu Sacks NAHCON Chairman, Appoints New Head

In a significant move, President Bola Tinubu on Monday removed Jalal Arabi as the Executive Chairman of the National Hajj Commission of Nigeria (NAHCON) and appointed Professor Abdullahi Saleh Usman as his successor. READ MORE

6. NLC Boss Summoned Over Terrorism Allegations

The Nigerian Police Force has invited Joe Ajaero, President of the Nigeria Labour Congress, for investigation into various allegations. READ MORE

7. S'Court Reserves Judgment In Bayelsa, Kogi Gubernatorial Elections Disputes

A five-man panel of the Supreme Court has reserved judgment in the Kogi and Bayelsa States governorship elections appeals filed by Muritala Ajaka of the Social Democratic Party (SDP), and Timipre Sylva of the All Progressives Congress (APC). READ MORE

8. Prof. Utomi Rejects Amosun's Blacklist Claim

Pat Utomi, an economist, has refuted former Ogun State Governor, Ibikunle Amosun for alleging that he(Utomi) was blacklisted from Ogun State by the state's legislature before Amosun became governor. READ MORE

9. Destiny Etiko Clears The Air

* Denies Car Gift From Omotola Jalade’s Husband

Actress Destiny Etiko has denied rumors that she was given a car by her husband, Captain Matthew Ekeinde, who is married to Omotola Jalade Ekeinde. READ MORE

10. Henry Quits As France U21 Boss After Olympic Silver

Former Arsenal and Barcelona striker Thierry Henry has stepped down as manager of the France Under-21 team. READ MORE


READ FULL STORIES ON: https://matrixngr.com/2024/08/20/top-10-stories-across-nigerian-newspapers-tuesday-morning-august-20-2024/

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

1. N'Assembly Running Costs, Salaries: SERAP Blows Hot

* Issues Seven-Day Ultimatum To Akpabio, Abbas To Reveal Details Or...
* Says It Is Travesty, Fundamental Breach Of Fiduciary Duties To Fix Salaries 
* Demands Return Of Any Misused Or Mismanaged Running Costs, Allowances

The controversies and outrage trailing the secrecy around the running costs, allowances and salaries of members of the national assembly has worsened. READ MORE

2. Contract Revocation: Amosun, Utomi Trade Tackles

* 'It's Karma At Work', Utomi Reveals How Amosun Cancelled N200m Contract
* 'You Have No Case, Ogun Assembly Blacklisted You As Enemy Of State', Amosun Fires Back

The recent contract dispute between Ogun State Government and a. Chinese Firm, Zhongshan Fucheng Industrial Investment Co. Ltd. has thrown up fresh controversies. READ MORE

3. Customs Import Exchange Rate: CPPE Faults CBN's Intrusion Into Trade Policies

* Urges Tinubu To Fix Rate At N1000/$1 Amid Cargo Throughput Decline

An economic think-tank, the Centre for the Promotion of Private Enterprise (CPPE) has has described the current process where the Central Bank of Nigeria (CBN) determines the exchange rate for importation as an intrusion into trade policies. READ MORE

4. Alleged $6.8b Indebtedness: NNPC Ltd Denies Owing International Oil Traders

The Nigerian National Petroleum Company Limited is currently in the eyes of the storm again. This time, the State oil company has denied owing international oil traders $6.8 billion. READ MORE

5.  President Tinubu Travels To France On Today

President Bola Tinubu will embark on a trip to France on Monday, August 19, departing from Abuja, the nation’s capital.' READ MORE

6. Fuel Scarcity Bites Hard In Lagos

Lagos residents are once again grappling with fuel scarcity as long queues have resurfaced at filling stations across the metropolis. READ MORE

7. Sanwo-Olu Inaugurates Mushin Red Line Flyover

Lagos State Governor Babajide Sanwo-Olu on Saturday officially opened the newly constructed Mushin Red Line flyover. READ MORE

8. Bandits Abduct Over 10 In Zamfara Community

At least 10 residents of Matusji village in Talata Mafara Local Government Area of Zamfara State have been kidnapped by armed bandits. READ MORE

9. BBNaija 9: Drama As Lovers, Rhuthee, Mayor Frosh Are Evicted

Day 22 which was also eviction night was dramatic as Big Brother evicted two couples and the first set of two pairs evicted. READ MORE

10. Man City Dominate Chelsea In Season Opener

Manchester City kicked off their Premier League title campaign with a convincing 2-0 victory over Chelsea at Stamford Bridge. READ MORE


READ FULL STORIES ON: https://matrixngr.com/2024/08/19/top-10-stories-across-nigerian-newspapers-monday-morning-august-19-2024/

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

1. Presidential Jets: More facts Revealed

* "It’s Chinese Against Chinese Dispute"-  Amosun
* Says Zhongfu Sought To De-Market China Africa Investment
* Gbenga Daniel Seeks an Amicable Resolution to the Dispute
* FG Warned states  Against Unilateral Foreign Negotiations

As the controversy on the  seizure of  Presidential  jets rages on, Ibikunle Amosun and Gbenga Daniel, two erstwhile helmsmen of Ogun State, have thrown their weight behind the Federal Government's quest to reclaim  from a French judicial authority. READ MORE

2. APC Dismisses Ganduje Removal Rumours

* Says An Arbitrary Removal of Party Leadership Could Cause Instability 

The push to oust All Progressives Congress (APC) National Chairman, Dr. Abdullahi Ganduje, intensified last week amid speculation that President Bola Tinubu might offer him an ambassadorial position to exit the country due to his ongoing corruption trial. READ MORE

3. Tinubu Directs Reduction in Nigeria’s Delegation to UN General Assembly

President Bola Tinubu has issued a directive to reduce the size of Nigeria’s official delegation to the forthcoming United Nations General Assembly (UNGA) meetings in New York, United States. READ MORE

4. Land-Boarder Imported Rice Still Banned — Customs

The federal government continues to restrict the importation of rice over land borders, but the Nigeria Customs Service (NCS) has verified that the new fiscal controls on food importation only apply to paddy rice. READ MORE

5. Egbetokun Fumes, Orders Rescue Of Medical Students Abducted In Benue

While traveling to Enugu for the Federation of Catholic Medical and Dental Students' annual conference, the students were kidnapped. READ MORE

6. 'How NPC Upheld Tinubu Election'- Gen AbdulSalami Reveals

The National Peace Committee (NPC) came under intense pressure to get the Independent National Electoral Commission (INEC) to either halt the collation of the results or cancel the election. READ MORE

7. NAFDAC Raises Alarm Over Substandard Bread, Other Products

The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a stern warning to manufacturers of regulated products in Nigeria over the production and sale of fake and substandard items. READ MORE

8. NYSC To Take Legal Action Against 54 Fake UNICAL Graduates

The demobilization of 54 corps members who were unlawfully mobilized by the University of Calabar has been notified by the National Youth Service Corps (NYSC). READ MORE

9. NNPC Warns Against Fake Job Offers

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has issued a strong warning to the public about fraudulent job offers. READ MORE

10. Havertz, Saka Strike As Arsenal Beat Wolves In Emirate 

Arsenal recorded a 2-0 victory over Wolves in their opening game for the new 2024/2025 season at the Emirate   Field on Saturday. READ MORE

READ FULL STORIES: https://matrixngr.com/2024/08/18/top-10-stories-across-nigerian-newspapers-sunday-morning-august-18-2024/

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

1. Seized Presidential Jets: Truce In Sight As FG Opens Negotiation With Chinese Firm

* Ogun State Has Created Problem For FG To Deal With, Foreign Affairs Minister Laments
* State Govt Should Never Sign International Agreements Without Recourse To Foreign Affairs Ministry
* Chinese Firm To Release One Jet For President Tinubu's Trip To France

The Federal Government of Nigeria has expressed willingness to negotiate with the Chinese Firm, Zhongshan Fucheng Industrial Investment Co. Ltd over the $70m investment treaty award won by the firm. READ MORE

2. Knocks Trail FG Food Importation Policy

* Tackling Food Inflation Crucial To Achieving Sustainable Decline In Inflation Rate- Agora Policy

Knocks and condemnation have trailed the recent introduction of zero import duty on food produce and other policies by the President Bola Ahmed Tinubu's. READ MORE

3. FG, States, LGs Shared N1.358 Trillion in July-FAAC

The Federation Accounts Allocation Committee (FAAC) has shared the sum of N1.358 trillion among the federal government, states and local government councils (LGCs) for the month of July. READ MORE

4. FG To Establish Ten Oncology, Diagnostic Facilities, To Retrain 120k Health Workers

To improve the health and social well-being of Nigerians, drive economic development, and position Nigeria as a healthcare hub within Africa, President Bola Tinubu has launched the Nigeria Sovereign Investment Authority (NSIA)-Healthcare Expansion Programme and the retraining of 120,000 frontline health workers. READ MORE

5. Presidential Unit Begins Nationwide Engagements To Address Nigeria's Food Security Challenges 

The Presidential Food Systems Coordinating Unit (PFSCU) has initiated a series of stakeholder engagements across Nigeria’s six geopolitical zones, aimed at addressing the nation’s food security challenges. READ MORE

6. Bandits Abduct Over 20 Medical Students In Benue

Over 20 medical and dental students, including a House Officer, have been kidnapped in Benue State. READ MORE

7. Aide Killed As Gunmen Reportedly Kidnap Anambra Commissioner, Wife

The Commissioner for Youths Development in Anambra State, Agha MBA, and his wife have been reportedly kidnapped by unknown gunmen. READ MORE

8. Ukraine Deepens Incursion Into Russia, Destroys Seym Bridge 

Ukrainian forces have escalated their offensive into Russia, destroying a critical bridge over the Seym River near the town of Glushkovo in the Kursk region. READ MORE

9. Miss South Africa: Chidimma Switches Contests, Represents Taraba At Miss Universe Nigeria

Former Miss South Africa contestant, Chidimma Adetshina, has made a surprising move by joining the Miss Universe Nigeria pageant. READ MORE

10. United Grab Late Winner To Start Season Strong

Manchester United kicked off their Premier League campaign with a hard-fought 1-0 victory over Fulham at Old Trafford on Friday night. READ MORE

READ FULL STORIES: https://matrixngr.com/2024/08/17/top-10-stories-across-nigerian-newspapers-saturday-morning-august-17-2024/

Good Evening. Here is today’s News Brief from The Matrix:

1. Mpox Cases Rise in Nigeria

The Nigeria Centre for Disease Control and Prevention (NCDC) has reported a total of 39 Mpox cases across 33 states and the Federal Capital Territory (FCT).
Bayelsa state is currently leading with the highest number of cases at 16, followed by Cross River with five, Ogun and Lagos with four each, Ondo with three, and Ebonyi with three.

2. Kenya Airports Authority Prepares for Potential Strike

The Kenya Airports Authority (KAA) announced on Friday that it has implemented contingency plans to ensure uninterrupted airport operations amidst a looming strike by the Kenya Aviation Workers Union (KAWU).
KAWU, representing airport and Kenya Airways employees, has declared a strike commencing on August 19th to protest a proposed partnership between the Kenyan government and India’s Adani Airports Holdings for the development of Nairobi’s primary airport.

3. Petrol Prices Drop In UK

A recent analysis reveals that petrol prices in the UK have reached their lowest point in six months.
According to the AA, the average cost of a litre of petrol this week stands at £1.43, a figure last seen in mid-February.
Diesel prices have also seen a significant drop, averaging at £147.9 per litre, a level not recorded since late January.

4. Teenager Arraigned for N340,000 Theft

An 18-year-old boy, identitfied as Oluwatosin Ananfor appeared before an Ikeja Chief Magistrates’ Court on Friday, facing charges of conspiracy and theft.
Ananfor is accused of stealing properties valued at N340,000.
The police prosecutor, Inspector John Iberedem, alleged that the crimes occurred on July 1, 2023, at 11:45 p.m. in the Agege area of Ikeja, Lagos.

5. Three Men Deny Stealing N310,000 Worth of Items

Three men were arraigned before an Ikeja Chief Magistrates’ Court on Friday for allegedly stealing items valued at N310,000.
The stolen items include a pumping machine, iron doors, iron rods with rings, and a bundle of binding wire.
The accused, Ogunjobi Gaffar (22), Sunday Odubote (25), and Micheal Akinyemi (30), pleaded not guilty to the charges of conspiracy and stealing.

6. FRSC Returns Over N1 Million to Family of Accident Victim

The Federal Road Safety Corps (FRSC) FCT Sector Command has returned over N1 million and other valuables to the family of a victim who died in a fatal car accident.
Sector Commander Muta’a Chorrie commended his team for their honesty and diligence in recovering and returning the items during a press briefing on Friday.
SOURCE: www.matrixngr.com