₦airaland Forum

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

1. Diplomatic Row Looms As Outrage Trails Seizure Of Nigeria's Presidential Jets 

* How Did We Get Into This International Mess, Embarrassment, Obi Demands Answers
* Firm Using “Unorthodox, Subterfuge” Means To Takeover Nigeria’s Offshore Asset-Presidency
* FG Deploying Legal, Diplomatic Efforts To Recover Seized Jets- AGF

There is an uproar over the seizure of three presidential jets belonging to the Nigerian presidential fleet by a French court. READ MORE

2. Foreign Reserves Increased by $4b Since January- Edun

* Says Increase Due To implementation Of Robust Fiscal Policies, Reforms

The Minister Of Finance And Coordinating Minister of the Economy, Wale Edun, has disclosed that Nigeria’s foreign reserves grew by four billion dollars since January. READ MORE

3. NCS Intercepts 12 Containers Of Tramadol, Expired Pharmaceutical Products, Machetes At Apapa Ports

In continuation of its stellar performance, the Apapa Port Command of the Nigeria Customs Service (NCS) has intercepted 12 containers laden with Tramadol, expired drugs and 27, 540 pieces of cutlasses and machetes with duty paid value of N1.8 billion. READ MORE

4. NLC Disagrees With Police Over Secretariat’s Invasion Explanations

The Nigeria Labour Congress (NLC) leadership has expressed dissatisfaction with the Nigeria Police Force's justifications for why its officers ransacked the NLC national offices in Abuja and has demanded an unconditional apology from the force. READ MORE

5. NJC Recommends Justice Kudirat Kekere-Ekun As CJN, To Succeed Ariwoola

Justice Kudirat Kekere-Ekun is in line to emerge as the next Chief Justice of Nigeria following her recommendation by the National Judicial Council (NJC). READ MORE

6. 19 Months After, Nigeria’s Inflation Rate Drops To 33.40% In July

For the first time in 19 months, Nigeria’s headline inflation rate decreased to 33.40 per cent in July 2024, fresh data from the National Bureau of Statistics NBS has shown. READ MORE

7. Nigeria, Equatorial Guinea Sign Gas Pipeline Deal, Pledge Deeper Cooperation

President Bola Tinubu and his Equatorial Guinean counterpart, Teodoro Obiang Nguema Mbasogo, on Wednesday signed a landmark agreement to construct a gas pipeline across the Gulf of Guinea. READ MORE

8.  FG To Issue $500 Million Domestic Dollar Bond On Monday 

The Nigerian Federal Government intends to raise $500 million from domestic and international investors by issuing its domestic bond denominated in dollars on Monday of next week. READ MORE

9. Super Eagles: Presidency To Appoint New Head Coach 

Nigeria's ministry of sport has continued to produce more dramatic scene. The recent is concerning the hunt for a new Super Eagles coach. READ MORE

10. Chidimma Adetshina To Compete Nigeria Pageantry After Facing South Africa Anti-Foreigner Sentiment

In a video released on Thursday, a former Miss South Africa contestant who was disqualified due to issues with her citizenship declared that she would be competing for the Miss Universe Nigeria title. READ MORE

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

1. N'Assembly Salary: Shehu Sani Counters RMAFC

* RMAFC Economical With The Truth- Sani Says
* Says As Senator, I Received N13.5m Monthly, Current Senators Earn N21m
* There's No Need For Any Lawmaker To Deceive Nigerians

Fresh controversies have trailed the actual salary and renumeration received by the Lawmakers in the Nigerian national Assembly. READ MORE

2. Counter Subversion Bill: Abbas Bows To Pressure

* Withdraws Bill Seeking Jail Term For Refusal To Sing Reintroduced Anthem

The Speaker of the House of Representatives Tajudeen Abbas has bowed to pressure by withdrawing the controversial Counter Subversion and Other Related Bills which seeks to criminalise refusal to sing Nigeria’s reintroduced.  READ MORE

3. BUA Cement, Tier-1 Banks Drag Market Capitalisation Down by N278 Billion

The Nigerian Exchange Ltd. (NGX) market capitalisation on Tuesday extended losses by N278 billion or 0.50 per cent, following selloffs in BUA Cement, Zenith Bank, FBN Holdings, among other declined equities. READ MORE

4. Nigeria Customs Service Introduces 150-Day Tariff Waiver on Staple Foods

Following President Bola Tinubu’s approval of a ‘zero tariff’ policy on imported foods, the Nigeria Customs Service (NCS) has unveiled guidelines for a 150-day tariff exemption on specific staple food items. READ MORE

5. Nigeria's economy contracts for thirteenth straight month- CBN

The July Purchasing Managers' Index (PMI)  data from the Central Bank of Nigeria (CBN) shows that economic activity is still contracting, which is the 13th consecutive month of fall since June 2023. READ MORE

6. Ganduje’s Corruption Trial Documents stolen by Protesters – Kano Gov

Kano State Governor Abba Yusuf conducted an on-site assessment of the damaged Kano State High Court, which was vandalized and looted during the recent nationwide protests. READ MORE

7. Lagos Govt Condemns Attacks On BRT Buses

The Lagos State Government has strongly condemned the recent spate of attacks on its Bus Rapid Transit (BRT) buses and passengers. READ MORE

8. Fuel Prices Soar as Petrol Shortage Worsens

Nigerians are frustrated and angry about the ongoing fuel scarcity across the country. Long queues have formed at filling stations in many states, including Abuja, Kaduna, and Kano, with prices reaching nearly N1,000/litre. READ MORE

9. UEFA Super Cup: Mbappe Begins With Dream Start, Scores On Debut

Kylian Mbappé's Real Madrid fairytale began with a dream start. The French striker's crucial goal against Atalanta in the UEFA Super Cup was a moment the Los Blancos faithful had yearned for. It was a dream realized, a promise fulfilled.' READ MORE

10. Peter Obi Meddles Into PSquare Beef

In the midst of their continuous feud, well-known politician Peter Obi visits the rival brothers Peter and Paul Okoye, commonly known as PSquare. READ MORE

READ FULL STORIES ON: https://matrixngr.com/2024/08/15/top-10-stories-across-nigerian-newspapers-thursday-morning-august-15-2024/

The Nigeria Education Loan Fund (NELFUND), has cleared 22 more state-owned institutions and are now eligible to apply for student loans.

President Bola Tinubu's premier initiative in the field of education is the rollout of the student loan program.

The Nigeria Education Loan Fund has stated that students from the following 22 state-owned tertiary schools can now apply for loans on its portal: nelf.gov.ng. This information was shared via @NELFUND on X.

“This followed a review by the committee responsible for the Student Verification System. Prior to this, 86 state-owned institutions were cleared, bringing a total of 108 institutions whose students are now able to apply,” the statement posted via @NELFUND on X said.

The onboarding of the 22 state-owned institutions brings total number of approved state institutions to 108.

The development comes barely one month after the fund was set up by President, Tinubu. The president introduced the fund when he signed the Access to Higher Education Act, which creates a legal framework for granting loans to indigent or low-income Nigerians to facilitate the payment of their fees in Nigerian tertiary institutions.

The law, reenacted earlier this year, created the Nigerian Education Loan Fund.

NELFUND is saddled with the responsibility of handling all loan requests, grants, disbursement, and recovery.

The fund, according to the act, is to be funded from multiple streams and will engage in other productive activities.

The Newly Cleared Institutions Are As Follows:

Abia State University, Uturu
College of Education, Nsugbe
Chukwuemeka Odumegwu Ojukwu University
Delta State University, Abraka.
Delta State Polytechnic, Otefe-Oghara, Delta State
Ekiti State Polytechnic, Isan-Ekiti
Kogi State University, Kabba, Kogi State
Prince Abubakar Audu University
Kwara State University
Kwara State College of Health Technology
Abdulkadir Kure University Minna
Ogun State College of Health Technology, Ilese-Ijebu
Moshod Abiola Polytechnic
Emmanuel Alayande University of Education, Oyo
The Polytechnic, Ibadan
The Oke Ogun Polytechnic, Saki
Rivers State University, Port Harcourt
Kenule Beeson Saro-Wiwa Polytechnic
Shehu Sule College of Nursing and Midwifery, Damaturu
College of Administration, Management andTechnology Potiskum, Yobe State 21. College of Agriculture, Science & Technology, Gujba
College of Education Legal Studies, Nguru

Previously Cleared Institutions Are As Follows:

Abia State Polytechnic
Adamawa State University Mubi
Adamawa State Polytechnic Yola
College of Education Afaha Nsit
Akwa Ibom State University
Akwa Ibom State Polytechnic
Aminu Saleh College of Education, Azare
Niger Delta University
Benue State University, Makurdi
Borno State University
College of Education, Waka-Biu
Mohammed Lawan College Of Agriculture
Ramat Polytechnic, Maiduguri
Cross River State University
Delta State Polytechnic, Ogwashi-uku
Delta State University of Science and Technology
Dennis Osadebay University, Asaba 18.
University of Delta Agbor
Ebonyi State University, AbakalikI
Edo State University Uzairue.
Ekiti State University, Ado Ekiti
Bamidele Olumilua University of Edu., Sc., and Tech
University of Medical and Applied Sciences Enugu State
Gombe State University
Imo State University of Agriculture and Environmental Sciences Umuagwo
Kingsley Ozumba Mbadiwe University
Benjamin Uwajumogu State College of Education IhitteUboma
Imo State Polytechnic Omuma
Sule Lamido University Kafin Hausa, Jigawa State
Nuhu Bamalli Polytechnic, Zaria
Kaduna State College of Education Gidan Waya
Kaduna State University
Aliko Dangote University of science and Technology wudil
Yusuf Maitama Sule University
Katsina State Institute of Technology and Management
Umar Musa Yaradua University Katsina
Kebbi State University of Science and Technology, Aliero
Confluence University of Science and Technology
Prince Abubakar Audu University Anyigba
Kwara Polytechnic
Kwara State College of Education Oro
Lagos state university of education
Lagos State University of Science and Technology
Lagos State University
Isa Mustapha Agwai Polytechnic, Lafia
Nasarawa State University Keffi
Ibrahim Badamasi Babangida Uniersity Lapai
Niger State Polytechnic Zungeru
Abraham Adesanya Polytechnic
Olabisi Onabanjo University
Tai Solarin University of Education
Ogun State Institute of Technology, Igbesa
D.S Adegbenro ICT Polytechnic Itori-Ewekoro.
Gateway ICT Polytechnic Saapade
University of Medical Sciences, Ondo
Adekunle Ajasin University Akungba-Akoko, Ondo State
Government Technical College Ile-Ife 58. GTC, ARA Osun State
GTC, GBONGAN Osun State
GTC, IJEBU-JESA Osun State

SOURCE: www.matrixngr.com

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

1. 'You Are Doing Well'- Council Of State Tells Tinubu

* Why We Passed Vote Of Confidence On Tinubu's Administration -Council
* Hails Tinubu For Resisting Unconstitutional Move To Change Govt During #EndBadGovernance Protests
* Says Any Attempt To Change Govt Must Be Through Ballot, Not Protests

In what appears to be the first major endorsement of the policies of President Bola Ahmed Tinubu, the council of state has passed a vote of confidence his administration of President Bola Tinubu. READ MORE

2. FG Unveils Plan To Address Japa Syndrome In Health Sector

* "UK Health Sector Will Struggle If Nigerian Health Workers Leave- Pate

Following the migration of Nigeria-trained health workers to the United Kingdom, Health Minister Ali Pate has disclosed that if the workers pull out of the UK's National Health Service (NHS), the service will struggle. READ MORE

3. Customs to Forgo N188 Billion on Import Duties Over Tariff Removal-Adeniyi 

The Nigeria Customs Service (NCS) announced that it will forgo N188.37 billion in import duties following the federal government’s directive to remove tariffs and other import duties on key foods. READ MORE

4. Government Seizes N83 Billion in Protest Funding, Nabs Political Accomplices

The Federal Government has made a significant breakthrough in uncovering the financial trail behind the recent nationwide protests, tracing a staggering N83 billion in cryptocurrency and fiat money. READ MORE

5. Osun Assembly Strengthens Local Government Autonomy with New Bills

In a strategic move to further enforce the recent Supreme court pronouncement , Osun State House of Assembly has advanced local government autonomy by passing two pivotal bills into law. READ MORE

6. No Fuel Price Yet, Says Dangote Refinery

The Dangote Industries Limited (DIL) has said that it has not fixed its fuel price contrary to a publication that “marketers project N600/litre for Dangote Petrol.’ READ MORE

7. Tinubu Signs Bill To Increase Salaries Of Judicial Officers By 300%

President Bola Tinubu has signed the Judicial Office Holders Salaries and Allowances Bill into law. READ MORE

8. Nigeria Rises To 2nd Among Countries Facing Food Insecurity In The World

The 2024 Global Report on Food Crises, has shown that Nigeria has advanced farther up the ladder, going from fourth to second among the nations with the greatest number of citizens facing food shortages worldwide. READ MORE

9. Transfer: Cole Palmer Extends Chelsea Stay  

Chelsea have secured the future for  young sensation Cole Palmer by extending his contract until 2033. READ MORE

10.  Asake Breaks Record Becomes First African Artiste To Top Global Spotify Debut Chart

Asake, a Nigerian singer, has achieved a historic milestone by being the first African musician to reach the top of the worldwide Spotify debut list. READ MORE

READ FULL STORIES ON: https://matrixngr.com/2024/08/14/top-10-stories-across-nigerian-newspapers-wednesday-morning-august-14-2024/

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

1. IYD: Tinubu Unveils Plans For Nigerian Youths

* Reiterates FGs Commitment To supporting Nigeria’s Youth-Driven Digital Economy
* Extols Their Creative Zeal To Drive Digital Adoption, Innovation In Nigeria, Beyond
* We'll Continue To Give Issues Affecting Youths Utmost Attention They Deserve- Reps
* Prioritize Welfare Our Youths, Atiku, Obi Tell Tinubu

As Nigeria joined the rest of the world to mark this year's 2024 International Youth Day Celebration, critical stakeholders in the country have promised to pursue youth oriented programmes and agenda. READ MORE

2. Why NNPC Lowered Stake in Dangote Refinery -Official

* Says  NNPC's Multi-Billion Naira Investment Proves No Sabotage Intent

Nigerian National Petroleum Company Limited (NNPC) spokesperson Olufemi Soneye revealed that the company reduced its stake in Dangote refinery to focus on Compressed Natural Gas (CNG) investment. NNPC limited its stake to 7.2% to build CNG stations nationwide. READ MORE

3. Marketers Target N600/litre For Dangote Petrol

Nigeria's independent petroleum marketers are eagerly awaiting the entry of the Dangote Petroleum Refinery into the market, hoping it will lead to a significant reduction in petrol prices. The Independent Petroleum Marketers Association of Nigeria (IPMAN) believes the refinery will sell petrol at a competitive price of N600 or N650 per liter, crashing the current market price. READ MORE

4. UK Scrabs Physical Immigration Documents, Demands Digital For More Than 6 Months Stay

Nigerians who intend to stay in the UK for more than six months may be impacted by a major overhaul of the immigration system. READ MORE

5. Fuel Subsidy: Tinubu Commissions First Set Of CNG Buses 

President Bola Tinubu has commissioned 20 Compressed Natural Gas, CNG, buses at the Presidential Villa, Abuja. READ MORE

6. Edo: Reinstated Deputy Governor, Phillip Shaibu Resumes Office 

Reinstated Deputy Governor of Edo State, Philip Shaibu has officially returned to office on Monday. READ MORE

7. Tinubu Swears-In New Head Of Service, Walson - Jack 

President Bola Tinubu has sworn in the new Head of Civil Service of the Federation, Mrs. Didi Walson-Jack. READ MORE

8. Tinubu Needs Political Will To Give Nigeria A New Constitution – Ozekhome

Following a recent visit by The Patriot, a group of eminent Nigeria to President Bola A Tinubu, a Senior Advocate of Nigeria (SAN), Mike Ozekhome, has urged the president to muster the political will to get Africa’s most populous nation what he described as a people-centred constitution. READ MORE

9. Paris2024: Pres. Tinubu Celebrates D'Tigress, Rena Wakama For Outstanding Performance

President Bola Tinubu President Bola Tinubu Breaks Silence as he celebrate Rena Wakama for her exploits at the Paris 2024 Olympics. READ MORE

10. You, Jude Are Always Looking For Opportunities To Humiliate Me – Peter Okoye Laments In Open Letter

Peter Okoye, a well-known singer from Nigeria, wrote an open letter to his twin brother Paul Okoye. READ MORE


READ FULL STORIES ON: https://matrixngr.com/2024/08/13/top-10-stories-across-nigerian-newspapers-tuesday-morning-august-13-2024/

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

1. Salary Fixing Claims: National Assembly Bombs Obasanjo 

* We Only Receive Salary Allocated Constitutionally By RMAFC- Senate
* Says It's Season Of Political Pontificating When Irreverent Scaremongering Takes Prominence
* 10th Assembly Maintains Highest Level Of Accountability, Transparency-Reps 
Former President Olusegun Obasanjo has come under scathing attack from the National Assembly, comprising the Senate and House of Representatives.

2. NDIC Reveals Why 17.64% Of Heritage Bank Depositors Haven’t Been Paid

* Says 82.36% Of Total Insured Depositors Have Been Reimbursed

The Nigeria Deposit Insurance Corporation (NDIC) have disclosed the reason why 17.64% of the insured depositors of defunct Heritage Bank haven't been paid.

3. CPPE Raises Alarm Over Regulatory Agencies Overbearing Policies Choking Manufacturers, Investors 

The Centre for the Promotion of Private Enterprise (CPPE) has raised an alarm the overbearing policy of regulatory agencies in Nigeria.

4. Maritime Insecurity: NIMASA, Chatham House To Engage UN Security Council  

Worried by the spate of insecurity in the Gulf of Guinea, the Nigerian Maritime Administration and Safety Agency, NIMASA, and Chatham House London have jointly decided that the issue of Maritime Security in the Gulf of Guinea should be raised at the United Nations Security Council (UNSC) this month.

5.  Osinbajo Urges Nigerian Churches To Preach Hard Work Over Prosperity 

The former vice president Yemi Osinbajo, has said that if the church began to promote hard work ideals, Nigeria would rise once more.

6.  Air Peace: Keyamo Writes UK, Threatens Reciprocal Actions

Nigeria's Minister of Aviation and Aerospace Development, Festus Keyamo, has reportedly written to the British Government on Aviation to formally request that Air Peace be granted access to fly into Heathrow.

7. FG Reviews 20 Major Road Construtions Under Tax Credit Scheme

Twenty major road projects around the nation have been identified by the federal government and will be financed under the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme.

8. SERAP Charges Tinubu To Probe FG, States Over $1.5bn World Bank, $3bn Chinese loans

The Socio-Economic Rights and Accountability Project, SERAP, has charged President Bola Tinubu to “direct the Attorney General of the Federation and Minister of Justice Mr Lateef Fagbemi, SAN, and appropriate anti-corruption agencies to promptly and thoroughly investigate the spending of $1.5 billion World Bank loan obtained by the 36 states and Abuja for poverty reduction and social protection across the states.”

9. Why Mimi Onalaja Admires Mo Abudu

Omowunmi "Mimi" Onalaja is a well-known personality in Nigerian entertainment. She is well known for her calm temperament and artistic flare

10. Olympics2024: D'Tigress Rena Wakama Named Best Coach 

In a groundbreaking achievement for African basketball, Nigeria's D'Tigress head coach, Rena Wakama, has been named the Best Coach of the Paris 2024 Olympic Women’s Basketball Tournament.

READ FULL STORIES: https://matrixngr.com/2024/08/11/top-10-stories-across-nigerian-newspapers-monday-morning-august-12-2024/

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

1. Crude Oil Theft: Elumelu Blows Hot

* Security Agencies, FG Should Tell Us Who Is Stealing Our Oil. 
* Recounts How Buhari and Abba Kyari Blocked His Bid  to Purchase Oil Field
* Oil Theft  Contributed to the  Divestment of International Oil Companies in Nigeria.
Army Announces  Destruction of  13 Illegal Refineries in Niger Delta Region.

Business mogul and philanthropist, Tony Elumelu, has  urged the Federal Government and security agencies to publicly identify culprits responsible for the rampant oil theft plaguing the nation. READ MORE

2. Six Major Nigerian Banks Barred from Central Bank's Forex Auction

The Central Bank of Nigeria (CBN) recently conducted a retail Dutch auction, selling $876.26 million to 26 qualified banks. However, six prominent banks, including United Bank for Africa (UBA), Wema Bank, and Stanbic IBTC, were disqualified from participating due to various infractions. READ MORE

3. Supreme Court Grants LG Chairmen, Councilors Four-Year Tenure

* It is Contained in the Certified True Copy (CTC) of the Judgement
* Says House of Assembly Has powers to Legally Extend the Tenure of Local Govt. Councils If..
Nigeria's Supreme Court has made a landmark ruling on local government autonomy, extending the four-year tenure of executives to all local government chairmen nationwide. In a judgment delivered on May 11, 2024, Justice Mohammed Garba and six other justices stated that some states have illegally deprived local government councils of their powers and functions. READ MORE

4. Lagos Commuters to Enjoy 25% Fare Cut on Blue Rail Line

The Lagos government has announced a 25% reduction in fares for the blue rail line during off-peak periods, effective from August 12. READ MORE

5. FG Orders Urgent Assessment Of Flood-Damaged Kano-Maiduguri Road

After a recent flood in Bauchi state shut down Section 111 of the Kano-Maiduguri Road, the Federal Government, acting via the Ministry of Works, has ordered an immediate evaluation of the road. READ MORE

6. Why l Won’t Comment On Kano Emirship Tussle-Shekarau

Malam Ibrahim Shekarau, the former governor of Kano State, has expressed his discomfort with the rivalry for emirship in Kano State but has stated that he does not wish to become involved. READ MORE

7. Ohanaeze Douse Leadership Tussle Over Iwuanyanwu’s Death

The passing of its President-General of Ohanaeze Ndigbo Worldwide, Emmanuel Iwuanyanwu, has allegedly opened doors to many dispute in the organisation. READ MORE

8. 58 Passengers, Crew Die As Plane Crashes In Brazil

All 58 passengers and four crew members perished in the crash of an airplane on Friday in the Brazilian state of Sao Paulo, according to local authorities. READ MORE

9. Gunmen Shot Dead Humanitarian Worker In Benue

Chris Terfa, the executive director of Concerned Youth Development Initiative (CYDI) and a humanitarian worker, was allegedly shot and murdered by as-yet-unidentified gunmen near the Logo 1 axis in Makurdi, Benue State. READ MORE

10. Jaber Retires As MTN Nigeria’s COO After 29 Years

Executives, employees, and partners of MTN Nigeria honored Chief Operating Officer (COO) Hassan Jaber on Friday as he bowed out of the MTN Group following 29 years of devoted leadership and devotion. READ MORE

READ FULL STORIES: https://matrixngr.com/2024/08/11/top-10-stories-across-nigerian-newspapers-sunday-morning-august-11-2024/

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

1. Again, Dangote Refinery, NUPRC Resume Face-Off

* Only Dangote Refinery Got 29 Million Barrels Out Of 32 Million Barrels Allocation- NUPRC
* Says Despite Efforts To Enforce DCSO Framework, Dangote Refinery Still Accuse Us Of Weak Enforcement- NUPRC
* It's A Lie, We Haven't Receive These Cargoes, Dangote Refinery Fires Back
* NUPRC Has Only Facilitated Purchase Of One Crude Cargo From Domestic Producer

The ongoing face-off between the operators of Dangote Refinery and Petrochemical Plant and one of the regulatory agencies in the Nigerian oil and gas ecosystem, Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has resumed in full force. READ MORE

2. #EndBadGovernance Protest Final Day; Obasanjo Blows Hot

* Warns Nigeria Sitting On A Keg Of Gunpowder, Urges Tinubu To Address Protesters Demands Now  

As the nationwide #EndBadGovernance protests enter its final day, former President Olusegun Obasanjo has warned that Nigeria is sitting on a keg of gunpowder. READ MORE

3. MAN Urges CBN to Address $2.4 Billion Forex Forward Contracts

The Manufacturers Association of Nigeria (MAN) has urged the Central Bank of Nigeria (CBN) to explore avenues to resolve outstanding obligations on foreign exchange forward. READ MORE

4. ECOWAS’ Hand Of Friendship Still Open To Niger, Mali, And Burkina Faso, Says President Tinubu

President Bola Tinubu says ECOWAS will continue to persuade the military leaders of Niger, Mali, and Burkina Faso to return their nations to the fold. READ MORE

5. Buhari and Kyari Stopped Me from Buying Oilfield Despite $2.5 Billion Offer-Tony Elumelu

Nigerian Business mogul Tony Elumelu has shared his disappointing experience with the Nigerian government's handling of the oil industry. READ MORE

6. Tinubu Receives Patriot Group, Says Request For New Constitution Will Be Reviewed

President Bola Tinubu on Friday in Abuja received The Patriots, a group of eminent Nigerians, and emphasized that retooling the economy for sustainable growth and development is a major priority of his administration. READ MORE

7. ICPC:"Corruption Costs Nigeria N700 Billion Last Year" 

The Chairman of the Independent Corrupt Practices and other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu has revealed that Nigeria lost a staggering N700 billion to an estimated 87 million cases of bribery last year 2023. READ MORE

8. Innoson Partners FG On CNG-Powered Vehicles

Innoson Vehicle Manufacturing Company Ltd. is partnering the federal government to roll out locally assembled compressed natural gas vehicles in Nigeria. READ MORE

9. Olympic: Medal Hopes Dashed Over Disqualification Of Nigeria From Male 4x400m Finals

Four Nigerian athletes, Emmanuel Ojeli, Ezekiel Nathanial, Dubem Amene and Chidi Okezie have been disqualified from participating in the final of men's 4x400m for alleged violation of a rule of the competition. READ MORE

10. Police Invite Actress Tonto Dikeh For Questioning

Nollywood actress, Tonto Dikeh, was invited for questioning by the Nigeria Police Force on Friday. READ MORE


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

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

1. Fuel Subsidy: IPMAN Drops Bombshell

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

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

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

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

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

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

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

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

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

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

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

6. Nigerian Army Busts Illegal Oil Refineries In Niger Delta

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

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

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

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

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

9. Bimbo Akintola Lives Without Apologies

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

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

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



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

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

1. #EndBadGovernance Protests : Tinubu Appeals To Nigerians

* Look Beyond Present Pain, We’ll Get Out Of This Turbulence
* DSS Probes Polish Nationals Arrested Over Russian Flags In Kano
* Atiku Demands Probe Of ‘Violence Perpetrated By Security Agents’ 
* CDS Seeks ECOWAS Defence Chiefs Help In Upholding Nigeria's Democratic Values

As the ongoing #EndBadGovernance protests enter the eighth day in Nigeria, President Bola Ahmed Tinubu has appealed to Nigerians to be calm. READ MORE

2.  $1.5bn PH Refinery Repair; It’s Unfair To Treat Govt Businesses As Orphans-Senate

* Says Investment In PH Refinery Has Not Yielded Significant Returns

Amid pervasive allegations of sabotage in the petroleum industry, the Senate, on Wednesday, commenced a preliminary investigation into the alleged sabotage in the petroleum industry, raising questions about the $1.5 billion approved in 2021 for the Turn-around Maintenance (TAM) of the Port Harcourt Refinery with little or no result. READ MORE

3. Concerns Over NNPCL Failure To Comply With FG's Directives To Sell Crude To Local Refineries In Naira

* Count Us Out Of Economic Sabotage, NNPC Ltd Kicks

Concerns have emerged over the failure of state oil company, the Nigerian National Petroleum Company Ltd to comply with the directives of the federal government to sell crude in Naira to local refineries one week after the directive was issued. READ MORE

4. Corruption Allegations: Ugochinyere Denies Paying $1.7m As Bribe To Earn Reps Committee Chair Position

Rep. Ikenga Ugochinyere, Chairman of the House Committee on Downstream Petroleum, on Wednesday, vehemently denied allegations that he bribed the House leadership with $1.7 million to secure his position. READ MORE

5. Flooding: NEMA Launches Coordination Forum To Improve Disaster Response Strategies

The National Emergency Management Agency (NEMA) recently held a National Emergency Coordination forum to assess the impact of recent flooding in Nigeria and to improve disaster response strategies. The meeting included stakeholders from various sectors involved in flood management, focusing on implementing mitigation strategies following the seasonal climate predictions and annual flood outlook that indicated a high probability of flooding. READ MORE

6. House Of Reps Explain Delay In 50% Salary Cut 

The House of Representatives has explained the reasons why there is delay in the 50 percent salary cut pledged to alleviate the suffering of Nigerians. READ MORE

7. Fuel Importation Gulps $600m Monthly, Says FG

The Federal Government of Nigeria has disclosed that the importation of petrol is gulping a whopping $600bn monthly. READ MORE

8. Tinubu Appoints Governing Councils For Aviation, Maritime Colleges

President Bola Tinubu has appointed 10 persons to serve on the governing councils of two federal tertiary institutions: the Maritime Academy of Nigeria, Oron, Akwa Ibom State, and the Nigerian College of Aviation Technology, Zaria, Kaduna State. READ MORE

9. D'Tigress: USA Dominates Nigeria, Advances to Semifinals

The United States women's basketball team continued their quest for an eighth consecutive Olympic gold medal with an 88-74 victory over Nigeria's D'Tigress. READ MORE

10. BBNaija 9: Ocee, Anita Win Food Presentation Task

Anita and Ocee, two of the "No Loose Guard" housemates on Big Brother Naija, have both won their respective food presentation challenges. READ MORE


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

A high-level meeting of the Economic Community of West African States (ECOWAS) Chiefs of Defence Staff is currently underway at the Defence Headquarters in Abuja.

The meeting, chaired by Nigeria’s Chief of Defence Staff, General Christopher Musa, is focused on critical security matters within the region. In attendance are key Nigerian officials including Defence Minister Mohammed Badaru, Foreign Affairs Minister Yusuf Tuggar, and the Chairmen of the Senate and House Committees on Defence, Ahmed Lawan and [Name withheld] respectively.

Also present are representatives from the National Security Adviser’s office, Nigeria’s service chiefs, and their counterparts from all ECOWAS member states except Mali, Burkina Faso, and Niger.

More details to follow...

SOURCE: https://matrixngr.com/

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

1. #EndBadGovernance Protests: Service Chiefs, IGP Talk Tough

* Reiterate Commitment To Defense Of Nigeria's Democracy, Peace, Harmony
* Deny PDP's Allegation Of Firing Live Ammunition On Protesters
* Falana Warns Protesters Against Being Used To Derail Nigeria's Democratic Process
* Violent Protest In North Plot To Overthrow Tinubu's Govt- Ex Senator

As the ongoing #EndBadGovernance Protests continue to assume dangerous trend in the country, Nigeria's Service Chiefs and the Inspector General of Police have issued stern warnings to the protesters. READ MORE

2. APC To Reinstate Ndume As Chief Whip After Apology

* I Stand By My Words, My Action Borne Out Of Patriotism- Ndume

Indication has emerged that the ruling All Progressives Congress (APC) will reinstate sacked former Senate Chief Whip, Senator Ali Ndume after he tendered an apology to the ruling party.  READ MORE

3. Recapitalisation: CBN Grants Permission For Ailing Unity Bank To Merge With Providus 

In a bid to bolster the stability of the nation's financial system and avert potential systemic risks, the Central Bank of Nigeria (CBN) on Tuesday announced the approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and the Providus Bank Limited.  READ MORE

4. Hunger Protest: Custom Boss Promises Reduction Of Food Items, Calls For Calm

Comptroller-General of Nigeria Customs Services, Bashir Adeniyi has confirmed the suspension of custom duties as directed by the President, promising a drastic reduction in prices of food items soon.  READ MORE

5. SEC: Bank recapitalization is essential to achieving a $1 trillion economy.

Emomotimi Agama, the director general of the Securities and Exchange Commission, has reiterated the importance of the current bank recapitalization initiatives in assisting the country in reaching its 2030 target of a $1 trillion economy.  READ MORE

6. Tinubu Appoints 7 New DGs Under Ministry Of Humanitarian Affairs 

President Bola Tinubu has appointment seven persons to head strategic agencies under the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development.  READ MORE

7. Dangote To Sell 12.5% Refinery Stake Amid Liquidity Concern

As it struggles with cash issues, the largest conglomerate in Africa, the Dangote Group, is considering selling a 12.5% interest in its recently operational refinery, according to global rating firm Fitch Rating.  READ MORE

8. Finally, Kamala Harris Unveils Running Mate, Picks Minnesota Governor Walz

Kamala Harris has picked Tim Walz as her running mate Tuesday, opting for the Minnesota governor as the partner most likely to complement her in a historic — and bruising — bid for the White House.  READ MORE

9. Paris 2024: Ofili, Oborodudu Miss Out on Podium

Nigeria’s hopes for a medal in the women’s 200m were dashed on Tuesday as Favour Ofili finished in sixth place.  READ MORE

10. Bobrisky Celebrates Prison Return With Boat Cruise Party

Crossdresser Okuneye Idris Olanrewaju, well known by his stage as Bobrisky, has returned to his displays of wealth just hours after being freed from prison.  READ MORE

READ FULL STORIES ON: https://matrixngr.com/2024/08/07/top-10-stories-across-nigerian-newspapers-wednesday-morning-august-07-2024/

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

1. #EndBadGovernance Protests: Tinubu Orders Crackdown On Russian Flag Sponsors 

* Flying Foreign Flags Within Sovereignty Of Nigeria Is Treason -CDS
* Not Treason, Christians, Muslims Fly Israeli, Palestine Flags-Sowore Kicks
* Promoter, Tailor Sewing Russian Flags Nabbed In Kano
* We Do Not Interfere In Domestic Affairs Of Foreign States- Russia

President Bola Tinubu has ordered a crackdown on those flying the flags of foreign countries during the ongoing nationwide #EndBadGovernance protests in Nigeria. READ MORE

2. Why Fuel Importers Will Frustrate Dangote-Obasanjo

* Says Shell Declined to Invest in Refinery Due to Corruption  Concerns
* Frowns  at Nigeria's over-Reliance On Oil.

Former Nigerian President Olusegun Obasanjo has weighed in on the challenges facing the Dangote Petroleum Refinery, stating that those profiting from fuel importation may attempt to hinder its progress.  READ MORE

3. NNPC Ltd Exports First Shipment Of New Crude Blend, Utapate To International Market

Amid biting fuel scarcity, the Nigerian National Petroleum Company (NNPC) Limited on Monday announced the launching of the Utapate crude oil blend, a new crude oil grade, into the international market.  READ MORE

4. Reps Dissolve Committee Investigating Dangote's Claims Of Sub-standard Fuel Importation, Others

Following in-house squabble amongst members, the newly constituted ad-hoc Joint Downstream and Midstream Committee investigating the importation of adulterated petroleum products, the non-availability of crude oil for domestic refineries, and other energy security issues has been dissolved.  READ MORE

5. Airline Operators Win As Court Nullifies Sale Of Nigeria Air Stake To Ethiopian Airlines

Stakeholders in the Nigerian aviation sectors can have a sigh of relief as the federal high court sitting in Lagos state has nullified the sale of 49 percent equity stake in Nigeria Air to Ethiopian Airlines.  READ MORE

6. INEC Confirms 177,914 New Voters For Edo, Ondo Elections

A total of 177,914 people have recently registered to vote ahead of the impending Edo and Ondo State governorship elections, according to the Independent National Electoral Commission (INEC).  READ MORE

7. Nigerian Eurobonds Drop As Investors Panic Over Protests

As investors wonder if the government's ambitions for economic change would be thwarted by large-scale protests, Nigeria's dollar bonds were headed for one of their worst days in 17 months on Monday, according to a Bloomberg article.  READ MORE

8. Bangladeshi PM, Hasina Flees Country As Protesters Storm Her Residence 

Bangladesh’s Prime Minister Sheikh Hasina has reportedly left the country amid unrest and purported military take over.  READ MORE

9. Basketball: D'Tigress Draw World Champions USA In Q-Finals

Following the draw on Sunday, Rena Wakama's D'Tigress will face reigning champions (USA) in the quarter-finals of the Paris Olympics women’s basketball competition on Wednesday.  READ MORE

10. BBNaija S9: Ocee Announces Engagement

Ocee, a housemate from Big Brother Naija's ninth season, announced his engagement.  READ MORE

READ FULL STORIES ON: https://matrixngr.com/2024/08/06/top-10-stories-across-nigerian-newspapers-tuesday-morning-august-06-2024/

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

1. #EndBadGovernance: Knocks Trail President Tinubu's Nationwide Address

* It Failed To Address Killings Of Protesters, Their Demands- Soyinka, Falana, Atiku, Others
* End Protests Now, Poor Nigerians Can't Endure It More- Peterside Tells Protesters
* Despite Tinubu's Address, Protests Continue Today, Says Sowore

Rather than the intended motive of the speech by President Bola Ahmed Tinubu aimed at dissuading and appealing to the angry and hungry protesters to sheathe their sword and end the ongoing #EndBadGovernance nationwide protesta, the reverse is the case as more Nigerians have criticized the speech by the president. READ MORE

2. Attack On Journalists: Sanction Nigeria Now, SERAP Charges Commonwealth

* Those Violating Such Standards Must Be Subject To Accountability, Disciplinary Processes

Following the reports of attacks on journalists covering the #EndBadGovernance protests in some parts of the country, the Socio-Economic Rights and Accountability Project (SERAP) has sent an urgent appeal to Rt Hon Patricia Scotland QC, Secretary-General of the Commonwealth, urging her to “apply the Commonwealth Charter to hold the Nigerian authorities to account over the attacks. READ MORE

3. CSOs to Monitor Compliance of   NNPC Ltd's Crude Oil Supplies to Dangote Refinery

A coalition of 28 Civil Society Organizations (CSOs) has announced plans to establish a situation room to monitor the Nigeria National Petroleum Company Limited's (NNPC Ltd) compliance with the presidential directive to sell crude oil to Dangote Refinery in Naira. READ MORE

4. Misleading Trade Description: Coca-Cola Fires Back At FCCPC, Wants Closure To The Issue 

The ongoing confrontation between. Coca-Cola Nigeria Limited (Coca-Cola) and Federal Competition and Consumer Protection Commission (FCCPC) is not abating soon. READ MORE

5. Minister Announces Plans To Build Manufacturing Hubs In All Six Geopolitical Zones

In order to manufacture necessary construction materials, lower import prices, generate employment, and accelerate economic growth, the Federal Government of Nigeria has revealed plans to establish building manufacturing centers in each of the country’s six geopolitical zones. READ MORE

6. BOI Stands On Supporting Local Manufacturers, Firms

The Bank of Industry (BOI) has reiterated its dedication to provide local manufacturers, businesses, and investors with the tools they need to propel notable industrial growth and transformation in addition to the nation's economic development. READ MORE

7. NCC Denies Granting Telcos Approval To Increase Tariff

The Nigerian Communications Commission (NCC) has denied granting telecommunications companies in the country like MTN, Glo and others permission to increase tariffs. READ MORE

8. CNG Will Save Nigeria Over N2 Trillion Used In Petrol, Diesel Imports – FG

Federal Government is open to save over N2 trillion by implementing the Compress Natural Gas (CNG) project instead of importing Premium Motor Spirits (PMS) and Automotive Gas Oil (AGO). READ MORE

9. D'Tigress Makes History, Become First African Team To Play In Quarter Finals A

D'Tigress, who eliminated Australia in the on-going Olympics in Paris have once again written their names with golden pen. READ MORE

10. Choice Edobor Rejects Second Wife Option

Choice Uhunoma Edobor, a rising star in Nollywood, started acting when she was young and has since acted in a number of films, including Blood of Enogie and Domestic Staff. Born and brought up in the capital of Edo State, Benin, in a polygamous family. READ MORE

READ FULL STORIES ON: https://matrixngr.com/2024/08/05/top-10-stories-across-nigerian-newspapers-monday-morning-august-05-2024/

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

1. Hunger Protest: Tinubu Bows to Pressure, Addresses Nigerians

* Presidential Address: “Don’t fall for this trick” – Sowore
* Gov. Zulum Says Participants of Thursday’s Protest Were ‘Children Under 14 Years’
* Abuja Police Allegedly Shots Protesters, Journalists
* Police Refutes Amnesty's Claim Accounts 7 Deaths, 34 Injuries, 681 Arrests

President Bola Tinubu has yielded to mounting pressure to address the nation as the #EndBadGovernance protests, sparked by economic hardship and high living costs, enter their third day. READ MORE

2. Bank Mgts To Announce Position On Windfall Tax By August 12

On August 12, 2024, the Bank Directors Association of Nigeria (BDAN) will declare its position about the windfall tax. READ MORE

3. Fire Erupts at NNPC Oil Well

* Deploys Rapid Response Emergency Team

A fire incident has been reported at the Akaso 4 Wellhead, managed by NNPC 18 Operating Limited, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). READ MORE

4. HND Graduates to Provide IT Evidence Before NYSC Mobilisation

The National Youth Service Corps has warned that graduates of polytechnic and monotechnics without evidence of mandatory one-year industrial training will not participate in national service. READ MORE

5. Port Users Demand Review Of Age limit of Imported Vehicles

In an effort to lessen the pain of Nigerians, port users have encouraged the Federal Government to reconsider the age restriction for cars that can be imported into the nation. READ MORE

6. Arik Air Resumes Operation

Nigeria Civil Aviation Authority (NCAA) has allowed Arik Air's flight to begin operations READ MORE

7. Kaduna DisCo Tackles State Govt Over N600 Million Tax Allegation

Due to a N2.9 billion debt, Kaduna DisCo turns off the lights at the State Government House. Kaduna Electric has flatly refuted claims that it owes N600 million in unpaid taxes, alleging that the Kaduna State Government is using "cheap blackmail" to deflect scrutiny away from its own debts. READ MORE

8. NELFUND Shares N2.5 billion To School Mgt

The Nigerian Education Loan Fund (NELFUND) has made public the fact that student loans are currently being disbursed, giving N2.5 billion to different educational institutions throughout the nation. READ MORE

9. About 3,000 Households In Nigeria To Get ECOWAS N1.4 billion Aid

Communities in Nigeria impacted by the catastrophic floods of 2022 will get the first installment of the $906,205 (N1,449,928,000) in help from the Economic Community of West African States (ECOWAS). READ MORE

10. Friendlies: Haaland Scores Hat-Trick As Man City Put Four Past Chelsea 

Erling Haaland scored a hat-trick in Manchester City’s 4-2 win against  Chelsea during pre-season match on Saturday night.  READ MORE

READ FULL STORIES ON: https://matrixngr.com/2024/08/04/top-10-stories-across-nigerian-newspapers-sunday-morning-august-04-2024/

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

1. #EndBadGovernance Protests: Security Agencies, Protesters Clash As Protests Turn Bloody

*  At Least 15 Killed, Several Injured
* Curfew Declared In Kano, Borno, Other States
* 'You Provoked Protesters', Adegboruwa Flays Security Agencies 
* How Protesters Murdered Police Officer, Injured Many- IGP

The much awaited #EndBadGovernance protest got underway across the country yesterday amid huge death tolls, violence, clashes between the Security agencies in the country and the protesters, looting spree and other form of vices. READ MORE

2. $220m Fine: FG Fires Back At Meta Over WhatsApp's Exit Threat

* Says It's A Move To Influence Public Opinion, Pressuring FCCPC To Reconsider Its Decision

The Federal Government of Nigeria has reacted to the threat by Meta Platforms Inc., the parent company of WhatsApp, Facebook, and Instagram that it may be forced to exit the country over recent $220m fine slammed on it by the Federal Competition and Consumer Protection Commission (FCCPC). READ MORE

3. Economic Gains of Selling Crude Oil to Dangote Refinery in Naira


The Nigerian government has identified several advantages of selling crude oil to local refineries, such as Dangote Refinery, in naira rather than foreign currency. READ MORE

4. Amid Protests, Bwala Fires Tinubu’s Ministers, APC Govs Over Silence

Daniel Bwala, former spokesman to the 2023 Peoples Democratic Party, PDP, presidential candidate, Atiku Abubakar, has slammed the silence of President Bola Tinubu’s ministers and governors of the All Progressives Congress, APC, amid the ongoing nationwide protest. READ MORE

5. Lagos Governor Condemns Divisive #IgboMustGo Post, Orders Probe

Governor Babajide Sanwo-Olu of Lagos State has denounced a provocative social media post by @Lagospedia, which demanded the expulsion of Igbo individuals from Lagos and the South-West region. READ MORE

6. Protest: I Didn’t ask MTN, Airtel to Tamper With Network –  Minister

Minister of Digital Economy, Bosun Tijani, has refuted claims that he instructed telecommunications companies to intentionally slow down network speeds amid nationwide protests. READ MORE

7. Calls For Igbo To Leave Lagos, South West "Deeply Troubling", Says Atiku

Former Vice President of Nigeria, Alhaji Atiku Abubakar has described calls in some quarters for the exit of Igbos from Lagos and the other South-West states on a specified date as deeply troubling. READ MORE

8. AfDB Approves $500m Loan To Boost Electricity Access In Nigeria

The African Development Bank Group (AfDB) has approved a fresh loan of $500 million to the Federal Republic of Nigeria to boost electricity access in the country. READ MORE

9.  Burna Boy Reveals Why He Won't Join #EndBadGovernance Protest

Famous afrobeat musician, Burna Boy, has disclosed why he won't be joining the ongoing #EndBadGovernance Protests while sternly warning his fans not to involve him in it. READ MORE

10. Olympics: Waldrum Gives Reasons Why Super Falcons Failed In Paris 

The coach of the Super Falcons, Randy Waldrum, has attributed the team’s elimination from the women’s football event at the Paris 2024 Olympics to poor preparation. READ MORE

READ FULL STORIES ON: https://matrixngr.com/2024/08/02/top-10-stories-across-nigerian-newspapers-friday-morning-august-02-2024/

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

1. #EndBadGovernance Protests: It's D-Day!!!

* Reduce Protest To One Or Three Days, Lawyer Urges Protesters
* Sanwo-Olu Addresses Lagosians, Says No To Repeat Of #EndSARS
* IGP Orders Cops To ‘Deal Decisively’ With Arsonists, Troublemakers
* Police Deactivate Explosive Device In Lagos, Call For Caution
* Courts Restrict Protests To Specific Areas In Lagos, Abuja, Others 

Nigerians, today and for the next couple of days will take to the streets in all the 36 states of the federation and the Federal Capital Territory (FCT), Abuja in a mother of all protests. READ ALSO: #EndBadGovernance Protests: It’s D-Day!!!

2. Onyeka Onwenu: Exit Of The "Elegant Stallion" Draws Plenty Of Tributes 

* Tinubu, Atiku, Obi, Others Mourn

With many still to come to terms with the tragic news, tributes have been pouring in over the death of topmost Nigerian female artiste, Onyeka Onwenu popularly called the elegant Stallion. READ MORE

3. House of Representatives Orders NNPCL to Halt Crude Oil Mortgage Plans

Nigeria's House of Representatives has ordered the state-owned oil company, NNPCL, to halt plans to use future crude oil as collateral for new loans until a parliamentary investigation is completed. READ MORE

4. UK PM Starmer Calls President Tinubu, Seeks Enhanced Trade, Investment Partnership

United Kingdom Prime Minister, Sir Keir Starmer, Wednesday placed a call to President Bola Tinubu seeking enhanced trade and investment partnership between both countries. READ MORE

5.  ABCON Urges CBN to Extend BDC Licence Deadline, Review Requirements

The Association of Bureau De Change Operators of Nigeria has appealed to the Central Bank of Nigeria to extend the deadline for BDC operators to reapply for new licences. READ MORE

6. Senate Increases CBN Ways And Means Loans To FG

A measure to raise the proportion of Ways and Means loans that the Central Bank of Nigeria (CBN) can provide to the Federal Government was approved by the Senate on Wednesday. READ MORE

7. Justice Ofili's Daughter Found Dead In Lagos Their Lagos Home 

Aribemchukwu, the daughter of Justice Rita Ofili-Ajumogobia, has been found dead under suspicious circumstances. READ MORE

8. Israel, Iran Reacts To Assassination Of Hamas Political Chief 

In a statement, on Wednesday, the Palestinian group disclosed that Ismail Haniyeh, Hamas’s political leader who lived in exile, was killed after a “treacherous Zionist” attack on his residence. READ MORE

9. Nigeria 1:3 Japan: Super Falcons Sent Packing

The Women Football national team have been eliminated from the ongoing Olympic 2024 Games in Paris. READ MORE

10. Kizz Daniel, wife Post ‘loved-up’ pictures Amid Break Up Rumour

Reports that Kizz Daniel had been seen with another woman in his studio had sparked rumors that their marriage was over READ MORE


READ FULL STORIES ON: https://matrixngr.com/2024/08/01/top-10-stories-across-nigerian-newspapers-thursday-morning-august-01-2024/

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

1. #EndBadGovernanceInNigeria: Opposition Mounts Against Protest

* Arewa Consultative Forum Kicks, Says Protest Will Not Do Nigeria Any Good
* Tinubu’s Reforms Have Started Yielding Fruitful Results, Defense Minister Kicks
* Protesters Insist On Street Processions, Reject IGP's Proposal For Confined Protests

With barely 24 hours to the nationwide #EndBadGovernanceInNigeria protest scheduled for August 1st to 10th, 2024' across Nigeria, The Matrix has noted the mounting oppositions to the protest. READ MORE

2. Global Trade: WTO Chief, Okonjo-Iweala Raises Alarm

* Says Future Of Trade Lay In Services, Digitalisation, Green Economy

Dr Ngozi Okonjo-Iweala, the head of the World Trade Organisation (WTO) on Tuesday raised alarm that global commerce was going through troubling times, with protectionism on the rise.  READ MORE

3. Amid Biting Hardship, Customs Suspend Import Duties, Taxes On Essential Food Items

In a bid to make food items affordable for Nigerians amid the biting economic hardship, the Nigeria Customs Service (NCS) has suspended import duties and taxes on essential food items.  READ MORE

4. FCT Senator, Kingibe Extends Olive Branch, Gives Condition For Working With Wike

Amid their frosty working relationship, the Senator representing the Federal Capital Territory (FCT) Ireti Kingibe, has has extended an olive branch to the FCT Nyesom Wike, while giving conditions on what Wike needs to do to win her over.  READ MORE

5. 'It Doesn't Reflect My Position, Seniority' Ndume Gives Reasons For Rejecting Newly Allocated Office 

Fiery Borno South Senator, Ali Ndume on Tuesday rejected a new office allocated to him by the Senate Service Committee saying the new office does not reflect his seniority and posture as a high ranking senator.  READ MORE

6. NAPTIP Rescues 75 Victims, Nab 115 Human Traffickers  

The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has disclosed that its agency has arrested no fewer than 115 suspected human traffickers and rescued 75 victims in Akwa Ibom, Cross River, and Rivers states.  READ MORE

7. MTN Shut down Outlets, Stores Nationwide 

Telecom giant, MTN, has announced that all stores and service centres across Nigeria will be shut down due to an outrage that turned into the destruction of one of its facilities on Monday.  READ MORE

8. EFCC To Block Dollars From Leaving Nigeria, Others – Olukoyede

The Economic and Financial Crimes Commission's (EFCC) Executive Chairman, Ola Olukoyede, revealed that the organization's agents are "re-strategizing" to stop any financial wrongdoing that is linked to Nigerians.  READ MORE

9. Super Falcons: Waldrum Raises Hope, Promise Victory Against Japan 

Super Falcons head coach, Randy Waldrum has high hopes that his side can still make it to the quarter-finals at the 2024 Olympic Games.  READ MORE

10. ‘I’m Not In Rush To Be On Rema, Asake’s Level’ – Victony Correct Fans

Anthony Victor, better known by his stage name Victony, is an afrobeats musician who has stated he isn't in a rush to reach the same degree of fame as his colleagues Rema and Asake.  READ MORE



READ FULL STORIES ON: https://matrixngr.com/2024/07/31/top-10-stories-across-nigerian-newspapers-wednesday-morning-july-31-2024/

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

1. #EndBadGovernanceInNigeria Protest: Again, FG Says No Need For Protests

* Says Majority Of Issues Raised Already Being Addressed 
* IGP Bows To Pressure, Assures Of Protection For Protesters 
* Reps Speaker Recalls Members From Holiday For Emergency Plenary 
* APC State Chairmen Kick, Say Protest Plot To Overthrow Tinubu's Govt

With Nigerians on the edge and gearing up for the mother of all protests in Nigeria, the Federal Government is doing all it can to ensure that the protest scheduled for August 1-10, 2024 does not take place. READ MORE

2. Tinubu Directs NNPC Ltd To Sell Crude To Dangote, Other Refineries In Naira  

* Afreximbank, Others To Facilitate Trade Between Dangote, NNPCL 

Amidst biting fuel scarcity and depot challenges, Nigerian President, Bola Ahmed Tinubu has directed the state oil company, Nigerian National Petroleum Company (NNPC) Limited to sell crude to Dangote Refinery and other local refineries in the country in Naira. READ MORE

3. Zenith Bank Set To Commence N290 Billion Capital Raising Exercise Through Rights Issue And Public Offer 

Zenith Bank Plc is set to raise N290 billion through a combination of a Rights Issue and a Public Offer in compliance with the revised minimum capital requirements for Nigerian commercial banks introduced by the Central Bank of Nigeria (CBN). READ MORE

4. Finally, Tinubu Signs N70k New Minimum Wage For Workers Into Law

President Bola Tinubu, has just assented the new Minimum Wage Act into law, on Monday. READ MORE

5. NCC Directs Immediate Reactivation Of All Blocked SIM Cards

The Nigerian Communications Commission has ordered telecommunications operators to immediately reactive all SIM blocked due to non-linkage of National Identification Numbers to SIM cards. READ MORE

6. MultiChoice Wins As Tribunal Grants Request To Withdraw GOTV, DSTV Price Hike Case

The case pertaining to the increase in subscription prices filed against MultiChoice Nigeria has been withdrawn by the Competition and Consumer Protection Tribunal (CCPT). READ MORE

7.Obi Replies Okonkwo, Cautions Party Against Negative Remarks

Presidential candidate for the Labour Party in the 2023 elections, Peter Obi, has cautioned his party members and supporters against negative attacks on the party’s former spokesman, Kenneth Okonkwo.  READ MORE

8. Ondo Gov, Aiyedatiwa Appoints Seyi Law, Others As SSAs

The Ondo State Governor, Lucky Aiyedatiwa, has approved the appointment of comedian Oluseyi Aletile, also known as Seyi Law, as his Senior Special Assistant on Entertainment and Tourism. READ MORE

9. Big Brother Naija Season 9: All Housemates Are Equal – Biggie Announces

Big Brother, also known as Biggie, has spoken to the Season 9 housemates, restating the show's fundamental principles of justice and equality. READ MORE

10. Arsenal Complete Move For Bologna Defender, Riccardo Calafiori

Arsenal have completed move for Bologna defender Riccardo Calafiori in a deal worth £42m READ MORE

READ FULL STORIES ON: https://matrixngr.com/2024/07/30/top-10-stories-across-nigerian-newspapers-tuesday-morning-july-30-2024/

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

1. Peter Obi's Political Structure Crumbles

* I No Longer Have Confidence In PO, He Lacks Capacity To Secure Mandate If....- Okonkwo
* Confusion In LP Over Lack Of Leadership From Peter Obi
* Alex Otti Counters Obi Over #EndBadGovernanceInNigeria Protest

A gaping gulf is beginning to emerge in the not so strong political structure of Peter Obi, the presidential candidate of the Labour Party in the 2023 General Election. READ MORE

2. N100bn Dirty Notes: SERAP Sues CBN, Demands Account Of Missing Fund

* Says Nigerians Have Right To Know Whereabouts Of Public Funds

The Socio-Economic Rights and Accountability Project (SERAP) has asked the Central Bank of Nigeria (CBN) to account for “over N100 billion ‘dirty and bad notes’ and ‘other large sums of cash awaiting examination’ which are kept in various branches” of the apex bank.  READ MORE

3. $1trn Economy: FRC To Sanction Private, Public Entities Violating Corporate Governance Code

As Nigeria strives towards achieving an$1trn economy, the Financial Reporting Council (FRC) has announced plans to sanction private and public entities that violate the country’s corporate governance code. READ MORE

4. Tinubu Needs Time To Solve Economic Issues, He's Not A Magician – Minister.

Minister of Interior Olubunmi Tunji-Ojo has disclosed that President Bola Ahmed Tinubu needs more time to address the country’s economic woes as he is not a magician. READ MORE

5. #EndBadGovernanceInNigeria Protest: #EndSARS Lawyer, Adegboruwa Accuses Telcos Of Trying To Restrict Internet Access, Frustrate Planned Protest 

Human rights lawyer and member of the Lagos Judicial Panel of Inquiry into the outcome of the #EndSARS protest, Ebun-Olu Adegboruwa has asked the Nigerian Communications Commission (NCC) to probe telecommunication operators’ alleged disconnection of subscribers. READ MORE

6. German Consul Reiterates Commitment To Nigeria’s Renewable Energy Transition

Weert Borner, the Consul-General of the Federal Republic of Germany in Nigeria, has reiterated Germany's commitment to working with Nigeria and helping it make the switch to renewable energy. READ MORE

7. Boko Haram Lays Siege, Attacks Police Station In Borno State

Dreadful Boko Haram terrorists were reported to have attacked the Jakana Police Station in Konduga Local Government Area of Borno State on Sunday morning. READ MORE

8. Police Arrest Pastor, Others For Stealing Baby In Lagos

The Lagos State Police Command has announced the arrest of a pastor and four others for stealing and selling a two-month-old baby in Lagos. According to the Police Force, READ MORE

9. Bolanle Austen-Peters’ House Of Ga’a Clings Netflix Top 10 In Different Countries

As of July 26, 2024, Bolanle Austen-Peters' most recent movie, "House of Ga'a," has achieved considerable success on Netflix, placing among the top 10 in a number of different nations. READ MORE

10. Olympics: Super Falcons Continue Winless Streak, Loses 1:0 To Spain

Super Falcons of Nigeria continued their winless streak against Spain women’s national team as they suffered a 1:0 defeat in their second match of the 2024 Olympics games. READ MORE

READ FULL STORIES: https://matrixngr.com/2024/07/29/top-10-stories-across-nigerian-newspapers-monday-morning-july-29-2024/

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

1. The Oil Conundrum

*     Dangote Embroiled in Controversy Over Nigerian and US Crude Oil Resale Report
*     Reps Threatens To sack of NNPCL CEO, Kyari
*     NNPCL Gives Reasons For Fuel Scarcity, Queue , Promises To Restore Normalcy
*     Dangote Refinery Assures ‘Diesel Standard’,Denies Crude oil Resale Allegation

The Oil Conundrum in Nigeria has taken a dramatic turn with the recent allegations against billionaire businessman Aliko Dangote's refinery, accused of reselling crude oil from Nigeria and the United States. READ MORE

2. Nigeria’s Oil Revenue Grew by 30% in First Half of 2024 -FG

The federal government says Nigeria’s oil revenue grew from 11 per cent in the first half of 2023 to 30 per cent in the first half of 2024.  READ MORE

3. Capital Oil Boss Senator Ifeanyi Ubah Slumps, Dies in London Hotel

* Tinubu ,Peter Obi, Bruce, Sani Mourn Him
Renowned Nigerian politician and entrepreneur, Ifeanyi Ubah, has passed away at the age of 52. According to family sources, Mr. Ubah suffered a cardiac arrest, leading to a sudden slump, and subsequently passed away in a London hotel on Saturday. READ MORE
4. Bwala A Failed Lawyer, Will Be Political Liability To Tinubu — Ndume Shades APC

Former President Bola Tinubu critic Daniel Bwala is a failed lawyer who can only be a problem to the Nigerian leader, according to Senator Ali Ndume.
5. FG Recommends 800% Increase In Aircraft Navigation Fees, Charges

The Nigeria Airspace Management Agency (NAMA), a branch of the federal government, is recommending an 800% rise in aircraft navigation taxes and tariffs, which would take effect at the start of September. READ MORE

6. Protest: I’m Yet To Get Letter For Usage Of Eagle Square — Wike Speaks

Nyesom Wike, the minister of the Federal Capital Territory (FCT), claims he has not yet received a letter asking to use Eagle Square for a planned demonstration that is scheduled to begin on August 1. READ MORE
7. Statisense Report: Over 162 Million Nigerians Visited Porn and Betting Sites in June

According to a recent report by StatiSense, over 162 million Nigerian mobile users visited porn and betting sites in June. READ MORE

8. FG Ramps Up Borders Ahead Of Planned Protests

The impending rallies against bad governance have prompted the federal government to step up border security nationwide. READ MORE
9. Former Senator Warns of Kidnapping Threat in Ondo Community, Urges Intervention

A Renowned elder statesman and former Senator, Dr. Bode Olajumoke, has made a passionate appeal to the Ondo State government to urgently rehabilitate the Owo/Ose road, citing the alarming rise in insecurity in the area. READ MORE

10. FIFA Deducts 6 Points, Bans Canadian Head Coach For One Year 

Fédération Internationale de Football Association, FIFA, has announced the deduction of Six points from the Canada Olympic women football team. READ MORE

READ FULL STORIES: https://matrixngr.com/2024/07/28/top-10-stories-across-nigerian-newspapers-sunday-morning-july-28-2024/

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

1. #EndBadGovernanceInNigeria Protest: IGP Egbetokun Talks Tough

* Orders Protesters To Submit Details 
* You Caused Protest, Dele Momodu Fires Tinubu
* Foreign Mercenaries Involved In Planned Protest, Says IGP
* Protect Protesters, #EndSARS Lawyer Warns FG

Ahead of the August 1-10, 2024 #EndBadGovernanceInNigeria protest scheduled to take place nationwide, Kayode Egbetokun, Inspector-General of Police (IGP), has issues directives to the organisers of the planned protest to submit their details to the police. READ MORE

2. Kamala Harris: Soaring Image Of Potential American First Female President 

* After Obama's Endorsement, White Women Raise $2m In Zoom meeting For Her Campaign 
* Leads Trump In New Nationwide Poll In US

Despite the bravado by former President Donald Trump that Vice President Kamala Harris will be easier to defeat than President Joe Biden, there is palpable tension in the camp of the former president has the stature of the vice president has continued to soar in recent days.  READ MORE

3. CBN Sells $148m To 29 Authorised Dealer Banks In Two Days

The Central Bank of Nigeria (CBN) has disclosed it sold foreign currencies worth $148 million to authorised dealer banks.  READ MORE

4. Nigeria Joins Global Health Initiative To Fight Malnutrition, Food Insecurity

The federal government on Friday announced its participation in the Grand Challenges Nigeria (GCNg) Project, a global health initiative aimed at combating malnutrition and food insecurity in Nigeria.  READ MORE

5. Tinubu Approves Establishment Of Management Unit For Health Sector Renewal Investment Initiative

To ensure efficient, transparent, and accountable management of external grants mobilized towards the implementation of the Nigeria Health Sector Renewal Investment Initiative (NHSRII), President Bola Tinubu has approved the establishment of the Sector-wide Coordinating Office-Programme Management Unit (SCO-PMU) domiciled in the Office of the Coordinating Minister of Health and Social Welfare.  READ MORE

6. Court Bars PDP From Organising Congress in Rivers state

A Rivers State High Court sitting in Port Harcourt has prevented the People’s Democratic Party, PDP, from organising its Congresses in Rivers State  READ MORE

7. Southern Borno APC Call For Reinstatement Of Ali Ndume As Chief Whip

The Leaders of the All Progressives Congress (APC),Southern Borno Chapter, have urged the National Working Committee (NWC) of the party to reinstate Sen. Mohammed Ali Ndume, as the Chief Whip of the upper chamber.  READ MORE

8. Reps Summon EFCC Boss, Give 4-day Ultimatum To Honour Invitation

The House of Representatives have asked the Economic and Financial Crime Commission's Boss, Mr Ola Olukoyede, to appear at the green chamber within 4 days.  READ MORE

9. Amid Fanfare, Olympics Kicks-Off With Opening Ceremony On River Seine

After a four-years wait, the 2024 Paris Olympics officially got underway with a colorful opening ceremony.  READ MORE

10. NFVCB Reacts To Calls For Ban Of Movie With Nancy Isime In Niqab

The Nigerian Government through the National Film and Video Censors Board, NFVCB, has finally reacted to calls for the ban of a controversial film by actress, Nancy Isime.  READ MORE

READ FULL STORIES: https://matrixngr.com/2024/07/27/top-10-stories-across-nigerian-newspapers-saturday-morning-july-27-2024/

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

1. #EndBadGovernanceInNigeria Protest: FG Intensifies Efforts To Stop Protest

* Tinubu Seeks Traditional Rulers, Others Help To Stop Protest
* We've Identified Sponsors Of Protest, Funding Line-DSS
* Kenya-Like Outcome Looms, Warns DHQ, TUC Calls For Protection For Protesters 
* National Youth Council Puts 104 Affiliate Members On Standby 

With five days to go, the President Bola Ahmed Tinubu-led Federal Government is in a race against time to stop the nationwide #EndBadGovernanceInNigeria protests scheduled to begin on August 1, 2024. READ MORE

2. Dangote Vs Regulatory Agencies: Senate Summons CBN, NNPCL, NPA, NIMASA, Others

* Questions Raised Over Sudden Importation Of $2bn Petroleum Products From Malta
* Jitters In Europe As 90 Refineries Risk Closure Due To Dangote Refinery

The ongoing face-off between Dangote Refinery and Petrochemical Plant and Regulatory Agencies in the Nigerian oil and gas sector keeps throwing up fresh drama each day. READ MORE

3. FG To Issue $500 Million Domestic Bonds

In three to four weeks, the federal government intends to issue $500 million in bonds denominated in foreign currencies. READ MORE

4. Tinubu, Buhari, Southern Govs Mourn Late Ohanaeze Ndigbo President, Iwuanyanwu

President Bola Ahmed Tinubu, former president, Muhammadu Buhari and Southern Governors have mourned the President-General of Ohanaeze Ndigbo Worldwide, Emmanuel Iwuanyanwu, who died on Thursday. READ MORE

5. MAN Claims Inflation Is Caused By 1,475 Basis Point Increase In Interest Rates Since 2022

The Monetary Policy Committee (MPC) of the Central Bank recently decided to raise interest rates by 50 basis points. In response, the Manufacturers Association of Nigeria (MAN) stated that the ongoing increase in MPR since May 2022 raises production costs and, ultimately, the price of goods. READ MORE

6. Death Toll In Lagos Building Collapse Hits Five- NEMA

The Lagos State Emergency Management Agency (LASEMA) has confirmed that five workers have died after a building under construction collapsed on Thursday at 13, Wilson Mba Street, Arowojobe Estate, Maryland, Lagos. READ MORE

7. Yakubu Expresses Confidence In INEC's Competence To Conduct LG Elections

If saddled with the responsibility,  the Chairman of the Independent National Electoral Commission (INEC), Mahmood Yakubu, has declared that the electoral umpire is capable of successfully conducting LG elections in the country. READ MORE

8. Over $1.5bn Spent Since 2020 To Curb Crude Oil Theft-SGF

George Akume, secretary to the government of the federation (SGF), has disclosed that over $1.5 billion has been spent on protecting oil infrastructure and addressing crude oil theft since 2020. READ MORE

9. August Protest: Another Chance To Save Nigeria - DJ Switch                  

Obianuju Catherine Udeh, better known by her stage name, DJ Switch, is one of the organizers of the 2020 Endsars demonstration. She has called on young people in Nigeria to view the August protest as an additional chance to preserve Nigeria. READ MORE

10. Olympics2024: Super Falcons Lose Opening Match To Brazil 

The Super Falcons of Nigeria lost 0-1 to Brazil on Thursday in their Group C opening match of the Women’s Olympics football. READ MORE

READ FULL STORIES: https://matrixngr.com/2024/07/26/top-10-stories-across-nigerian-newspapers-friday-morning-july-26-2024/

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

1. #EndBadGovernance Protest:FG Jittery, Calls For Patience

* SGF, NSA, Ministers Hold Emergency Meeting
* House Of Reps Divided Over Protest
* Oba Of Benin Asks Youths To Give Tinubu More Time
* We Are Not Organiser Of Planned Nationwide Protest-NLC

As angry Nigerians across the 36 states of the federation and the Federal Capital Territory gear up for the mother of all protests, there is anxiety, apprehension and jitters in the camp of the Federal Government of Nigeria. READ MORE

2. New Minimum Wage, LG Autonomy: Nigerian Govs, Ministers To Meet  Today

* It Is First Meeting Since Tinubu Approved N70,000 Minimum Wage

Governors from the 36 states of the federation will on Thursday meet with some selected ministers of the federation. READ MORE

3. Domestic, Foreign Transactions Worth N2.60tr Recorded In H1|24, Says NGX

The Nigerian Exchange Limited (NGX) has disclosed that a total of N2.60tr worth of domestic and foreign investments were recorded between January and June 2024. READ MORE

4. FG Plans to Complete East West Road's Eleme Junction to Onne Port Junction Section by December.

By December, the Nigerian Federal Government hopes to have finished building the East-West Road from Eleme Junction to Onne Port Junction. READ MORE

5. Tinubu Disburses Over N438 Billion To 34 States, FCT Under Economic Stimulus Programme

Under the Nigeria Community Action for Resilience and Economic Stimulus (NG-CARES) Program, the Federal Government has given about N438 billion to 34 states as well as the Federal Capital Territory (FCT). READ MORE

6. I Joined APC To Contribute My Quota To Nigeria’s Development, Anyim Says As Tinubu Officially Welcomes Ex-SGF

President Bola Tinubu, Wednesday officially welcomed former Senate President, Anyim Pius Anyim into the All-Progressives Congress, APC, family. READ MORE

7. Buhari’s Ex-Minister Hinges End Of Fuel Subsidy On Dangote Refinery’s Success

If the 650-000 barrel per day Dangote Refinery and Petrochemical Plant succeeds, it will signal an end to the contentious fuel subsidy issue. READ MORE

8. Meta Deletes 63,000 Nigerian Facebook Accounts Over ‘Sextortion’

Social media giant Meta, has said that about 63,000 Nigerian Facebook profiles have been deleted for allegedly trying to carry out money extortion schemes. READ MORE

9. Olympics 2024: Lionel Messi Posts Cryptic Response After Argentina Loss To Morocco, Says It's "Unbelievable"

Argentina Talisma, Lionel Messi has responded to Argentina's Olympic opener loss against Morocco on Wednesday. READ MORE

10. Diddy Allegedly Paid $1m To Have 2Pac Killed-Court’s Classified Document

Sean "Diddy" Combs is at the center of a new controversy over Tupac Shakur's demise. READ MORE

READ FULL STORIES ON: https://matrixngr.com/2024/07/25/top-10-stories-across-nigerian-newspapers-thursday-morning-july-25-2024/[b][/b]

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

1. Monopoly, Poor Petroleum Products Standards: Dangote Goes After NNPCL

* Amid Dangote’s Accusation, Kyari Denies Owning Blending Plant In Malta
* AfDB President, Adesina, NACCIMA, Others Back Dangote
* Reps Seek NMDPRA CEO's Suspension Over ‘Unguarded Comments’

The ongoing face-off between Alhaji Aliko Dangote and regulatory authorities in the Nigerian Oil and Gas sector has refused to die down despite a gag order by the House of Representatives Joint committee on petroleum resources (downstream and midstream). READ MORE

2. #End Bad Governance Protests: Obi, Tinubu’s Aide Head To Court

* I Am Not Afraid Of Any Legal Action, We Shall Meet In Court”-Onanuga

A legal firework is looming following allegations by the Special Adviser to President Bola Tinubu on Communications and Strategy, Bayo Onanuga that Peter Obi and his supporters were responsible for the planned nationwide protests against the Tinubu-led government over the hardship in the country. READ MORE

3. Amid Inflation, CBN Raises Interest Rate by 50 Basis Points to 26.75% 

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has increased the interest rate from 26.25% to 26.75%, a 50 basis point increase. READ MORE

4. US Secret Service Director Cheatle Resigns After Trump’s Assassination Bid

US Secret Service Director Kimberly Cheatle resigned on Tuesday, a day after acknowledging that the agency had failed in its mission to prevent an assassination attempt against Donald Trump. READ MORE

5. #End Bad Governance Protest: Planned National Protest Politically Motivated, Says Wike

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has claimed that the planned national protest dated August 1 was politically motivated. READ MORE

6. Fubara Seeks Rivers Monarchs Cooperation In Fight against Crude Oil Theft

Governor Siminalayi Fubara of Rivers State has called on Traditional Rulers in the state to support the efforts of the government in the fight against crude oil theft, urging them to take charge of their communities to ensure stability in the state by checking the menace of Oil thieves. READ MORE

7. IG Assures Peaceful Protesters of Protection on August 1

* We Won't Sit Back and Let Hoodlums Burn Down Facilities in Name of Protest

The Inspector-General of Police, Olukayode Egbetokun, has said the Nigeria Police will respond to the August 1 planned protest by some Nigerians “in a most professional manner.” READ MORE

8. Band A: Reps Oder NERC, DISCO To Reversal Tariff Hike 

The Nigeria House of Representatives has instructed the Nigeria Electricity Regulatory Commission (NERC) and Distribution Companies (DISCOs) to immediately reverse the recent electricity tariff increase for Band A customers. READ MORE

9. GWR: Nigerian man Wins Longest Twerking

Babajide Israel, a Nigerian, has established a new Guinness World Record (GWR) for the longest twerking session. READ MORE

10. Olympics 2024: Amusan Named Team Nigeria’s Flag Bearer, Opeyori captain 

The Nigeria Olympic Committee (NOC) in collaboration with the Federal Ministry of Sports Development have confirmed record holder Tobi Amosun as the flag bearer and Anuoluwapo Opeyori as general team captain for the opening ceremony of the 2024 Olympic Games. READ MORE


READ FULL STORIES ON: https://matrixngr.com/2024/07/24/top-10-stories-across-nigerian-newspapers-wednesday-morning-july-24-2024/

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

1. Monopoly, Substandard Petroleum Products Claim: N’ Assembly Talks Tough

* Senate Says Saboteurs In Petroleum Industry Matter Of National Security
* Capable Of Crippling Nigeria’s Economy For Generations To Come
* Reps Launch Probe, Places Gag Order On Dangote, NMDPRA, Others
* In Reconciliation Move, Lokpobiri Meet Dangote, Others

The National Assembly has waded into the ongoing crisis between the promoters of the Dangote Refinery and Petrochemical Plant by launching a probe. READ MORE

2. #End Bad Governance Protests: NLC, Ndume Caution Tinubu

* Invite Leaders Of Planned Protest, Address Citizens’ Grievances-NLC, Ndume

Ahead of the August 1, 2024 planned protests to address the ongoing economic hardship in the country, the Nigeria Labour Congress (NLC) has called on President Bola Tinubu to invite the leaders of the planned nationwide protest while also asking him to address the challenges facing the citizens. READ MORE

3. Nigerian Crude Oil Averagely Sells Above $7.72 In Q1, 2024

In the first quarter of 2024, the average market price of Nigerian reference crude oil (bonny light) was $85.68, which is $7.72 more than the benchmark price of $77.96 set forth in the 2024 Appropriations Act. READ MORE

4. Bagudu, Budget Minister Urges Nigerians To Make Sacrifices For Country’s Growth

If Nigeria is to achieve the needed economic growth, Atiku Bagudu, the minister of budget and economic planning has called on Nigerians to make sacrifices for the country. READ MORE

5. CPPE Pleads Central Bank To Halt Interest Rate Hike As MPC Meets Today

While the top bank's Monetary Policy Committee (MPC) meets today, the Center for the Promotion of Private Enterprise (CPPE) has requested that the Central Bank of Nigeria (CBN) halt interest rate hikes. READ MORE

6. Police Nab Kuje Prison Escapee Behind General Udokwere Murder 

The Federal Capital Territory Police Command have arrested mastermind behind the murder of late Brigadier General Harold Udokwere. READ MORE

7. Rivers Crisis: Another Court Gives Fubara Go-Ahead To Spend Public Funds

The attempt to stop Governor Siminalayi Fubara from spending public funds in Rivers State has failed as a Federal High Court in Abuja has declined to bar the governor from spending government funds pending the hearing and determining the suit filed by the Martin Amaewhule-led Rivers State House of Assembly. READ MORE

8. Obi Calls For Urgent Action To Prevent Further Economic Collapse

Following the growing economic woes in the country, Peter Obi, the 2023 Labour Party Presidential Candidate has called for urgent action to prevent further economic collapse in the country. READ MORE

9. Transfer: Onana Joins Aston Villa On £50m Deal 

Premier League side, Aston Villa have signed Belgium midfielder Amadou Onana from Everton in a £50m deal. READ MORE

10. Tinubu Govt Brought Dangote To Tears – Verydarkman Claims

Aliko Dangote, the richest man in Africa, has allegedly been humbled by President Bola Tinubu's government, according to well-known social media influencer Martins Vincent Otse, also known as VeryDarkMan. READ MORE

READ FULL STORIES ON: https://matrixngr.com/2024/07/23/top-10-stories-across-nigerian-newspapers-tuesday-morning-july-23-2024/

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

1. Dangote’s Planned Sale Of Refinery: NNPC Ltd Comes Under Fire

* Let Them Buy Me Out, Run The Refinery Best Way They Can-Dangote
* They Will Kill Refinery Like They Did To The Four Refineries-Nigerians
* Say NNPCL Don't Want Nigeria To Stop Importation Of Fuel
* Why I Am Halting Investment In Steel Industry-Dangote

The offer by Alhaji Aliko Dangote to sell his 650, 000 Barrels Per Day (BPD) Refinery and Petrochemical Plant to the Nigerian National Petroleum Corporation (Ltd) has attracted harsh criticism and a ruckus online for the state oil company. READ MORE

2. US Presidency: Kamala Harris Vows To Make History, Trump Labels VP Easier Opponent

* Cooked Biden Was Never Fit To Run, Serve-Trump
* Biden Must Resign Office Immediately- US Speaker

Having already made history as the first woman, Black and South Asian vice president in US history, 59-year-old Democrat Kamala Harris is on the cusp of history. READ MORE

3. Zenith Bank Retains Position As Nigeria’s Number One Bank By Tier-1 Capital For Fifteen Consecutive Years In The 2024 Top 1000 World Banks’ Ranking

 For the fifteenth consecutive year, Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital in the 2024 Top 1000 World Banks’ Rankings, published by The Banker Magazine. This ranking places Zenith Bank Plc as the 565th Bank globally with a Tier-1 Capital of $2.01 billion. READ MORE

4. At AU Sixth Mid-Year Meeting, Tinubu Highlights ECOWAS Achievements

President Bola Tinubu on Sunday revealed the achievements of the Economic Community of West African States (ECOWAS) to African leaders at the Sixth Mid-Year Coordination Meeting of the African Union (AU). READ MORE

5. Kano: Gov Yusuf Expresses Commitment To Prompt Conduct Of LG Election

Following the recent autonomy granted to Local Governments in Nigeria by the Supreme Court, Governor Abba Kabir Yusuf of Kano State has committed to conducting local government elections in the state soon. READ MORE

6. Wabara Hails PDP Govs For Resolving To Stand By Fubara

The Chairman of the Board of Trustees (BoT) The Peoples’ Democratic Party PDP and one time Senate President, Senator Adolphus Wabara, has commended the PDP governors over th... READ MORE

7. Edo: Time Will Tell, Oshiomhole Reacts To Shaibu’s APC Return

Senator Adams Oshiomhole has described the return of Philip Shaibu to the All-Progressives Congress (APC) as the “nature of politics” while reiterating that time will tell if the embattled dep=gov is loyal to him or not. READ MORE

8. #TinubuMustGo Protest: CNPP Warns FG Against Clampdown On Protesters

Amid the biting hardship in the country, the Conference of Nigeria Political Parties, CNPP, has warned the Federal Government against moves to clamp down on some individuals perceived to be enemies of the President Bola Tinubu administration when they embark on a protest. READ MORE

9. Nigerian Box Office Surpasses N5 Billion Revenue in 2024 

Over N5 billion has been made at the Nigerian box office in the first seven months of 2024, exceeding the ambitious goal of N10 billion by the end of the year. READ MORE

10. Olympics 2024: FG Approves N12bn For Team Nigeria 

The Federal Government of Nigeria has approved a disbursement of N12bn for Team Nigeria's preparation and participation in the 2024 Paris Olympics and Paralympics. READ MORE

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

1. Planned Nationwide Protest:Presidency, LP At Loggerheads

* LP Supporters Are Behind Planned Hardship Protest” – Onanuga
* Nothing Will Stop Our Protest In August – Sowore To Presidency

A planned nationwide protest called "EndBadGovernance" is scheduled for August, and the Labour Party and the Presidency have been exchanging harsh words over it.  READ MORE

2. Dangote Refinery Rejects Claims Of Substandard Products As Reps Leaders Visit

Aliko Dangote, the richest man in Africa, has refuted allegations that the petroleum products coming from his refinery are of inferior quality. READ MORE

3. 70,000 Minimum Wage: NLC Threatens To Shutdown States Refusing To Comply 

The Chairman, of Nigeria Labour Congress (NLC), Osun Chapter, Mr Christopher Arapasopo, has said that the  joint labour unions have agreed to enforce the new N70,000 minimum wage in all the states. READ MORE

4. Meta To Appeal FCCPC’s $220 Million Fine

WhatsApp declared that Meta, its parent company, would file an appeal against the Federal Competition and Consumer Protection Commission's (FCCPC) $220 million punishment for breaking Nigeria's data privacy rules. READ MORE

5. LG Autonomy: ALGON Assures Nigerians Of Quality Healthcare, Basic Education

Nigerians have been reassured by Aminu Maifata, National President of the Association of Local Governments of Nigeria (ALGON), that basic education and primary healthcare will be given top priority by local government officials. READ MORE

6. I Don’t Belong to APC But Appreciate Tinubu’s Bold Reforms-Okupe

A former director-general of the Labour Party (LP) presidential campaign council, Doyin Okupe, says he is not a member of the ruling APC but appreciates the bold reforms being implemented by President Bola Tinubu. READ MORE

7. FG to Distribute 30,000 CNG Conversion Kits to Commercial Drivers

The Presidential Compressed Natural Gas (CNG) Initiative’s chief executive officer and programme director, Michael Oluwagbemi, says 30,000 CNG conversion kits have been ordered and will be given to commercial drivers in less than 90 days. READ MORE

8. Afam Osigwe Emerges NBA President

In the recently concluded 2024 Nigerian Bar Association (NBA) election, Afam Osigwe, a senior advocate of Nigeria and former general secretary of the NBA, emerged as the president-elect. The election, which was held online, saw Osigwe secure a total of 20,395 votes, defeating his closest rivals, Tobenna Erojikwe and Chukwuka Ikwuazom (SAN), who garnered 10,970 and 9,007 votes respectively. READ MORE

9. Shaibu Defects To APC

Embattled Deputy Governor of Edo State, Philip Shaibu, with the Peoples Democratic Party (PDP) legacy coalition members in his company, have defected to the All Progressive Congress (APC). READ MORE

10. Finally, Nollywood Actress, Hilda Dokubo Speaks On Suspension 

Hilda Dokubo, a former Nollywood actress who is now a politician, has refuted reports that she was suspended from the Labour Party, LP, in Rivers State. READ MORE

READ FULL STORIES ON: https://matrixngr.com/2024/07/21/top-10-stories-across-nigerian-newspapers-sunday-morning-july-21-2024/

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

1. Edo Crisis: Obaseki, Shaibu Fight Dirty

* Obaseki Cannot Bar Me From Entering Edo State
* Governor Blames Shaibu For Attack On Okpebholo
* Shaibu Appoints New COS, 6 SSAs As Obaseki Looks For Stay Of Execution

Philip Shaibu, the reinstated deputy governor of Edo State is not going down without a fight as he has vowed to carry out his duty for the remaining period of the tenure of Governor Godwin Obaseki. READ MORE

2. I Stand By My Statement- Ndume Fires Back

* ‘I Have Not Been To China, India, I Can’t Chair Committee On Tourism’

Embattled sacked Chief Whip of the Senate, Ali Ndume has finally broken his silence few days after his removal by the All-Progressives Congress (APC). READ MORE

3. CBN Issues Fresh Directives To Banks Over Dormant Accounts, To Invest Funds In Treasury Bills, Others

The Central Bank of Nigeria (CBN) has issued a fresh directive to Financial Institutions operating in Nigeria concerning dormant accounts. READ MORE

4. FG Unveils Roadmap For Africa’s Digital Trade Revolution Under AfCFTA

The Federal Government, Friday unveiled a comprehensive strategy to lead Africa’s digital trade revolution within the framework of the African Continental Free Trade Agreement (AfCFTA). READ MORE

5. FG Slams $220m Fine On Facebook, WhatsApp Owner For Data Privacy Violations

The Federal Government of Nigeria has slammed a $220 million fine on the global company, Meta Platforms Inc. (META.O). READ MORE

6. After Re-election As ECOWAS Chair, Tinubu Jets Out To Ghana For AU Meeting

President Bola Tinubu will depart Nigeria for Ghana to attend the sixth mid-year coordination meeting of the African Union on July 20. READ MORE

7. 86 Days After, Suleja Prison Escapees Still At Large, NCoS Releases More Pictures

86 days after inmates bolted from the Medium Security Custodial Centre in Suleja, Niger State following a torrential rainfall that tore down a section of the fence, some of the inmates are still at large. READ MORE

8. Fubara Denies Promising Civil Servants  N80,000 Minimum Wage 

The Rivers State Governor, Siminialayi Fubara, has denied promising the River State Civil Servant N80,000 as minimum wage. READ MORE

9. Koko Master D'banj To Feature Akon, Phyno In New Album  

Former 'MoHit' record Signee, Oladapo Daniel Oyebanjo popularly known as Dbanj has announced the release of a new album titled ‘Entertainer-The Sequel'. READ MORE

10. Transfer: Alvaro Morata Joins Chukwueze's AC Millan

Atletico Madrid striker, Alvaro Morata has signed for AC Milan on a whopping $14.2 million deal. READ MORE



READ FULL STORIES ON: https://matrixngr.com/2024/07/20/top-10-stories-across-nigerian-newspapers-saturday-morning-july-20-2024/

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

1. New Minimum Wage: Truce At Last

* FG, Labour Agree On ₦70,000 Minimum Wage
* Why We Accepted FG’s N70k Offer- Organised Labour
* ‘Wage To Be Reviewed Every Three Years’- FG, Labour

It was a long-fought battle but the swords were finally sheathed on Thursday, July 18, 2024 as the Federal Government of Nigeria and Organized Labour finally agreed on a new minimum wage for Nigerian workers. READ MORE

2. Ndume: Atiku, Dele Momodu Warn Tinubu

* Democracy Being “Compromised” By An “Unholy Alliance” Between Executive & Legislature-Atiku

The removal of Senator Ali Ndume as the Chief Whip of the Senate following his fiery criticism of the President Bola Ahmed Tinubu’s administration has continued to draw criticism and condemnation from different quarters. READ MORE

3. NGX Delists Niger Insurance Plc, Two Others For ‘Noncompliance’ With Standards

The Nigerian Exchange Limited (NGX) has announced the delisting of the shares of Niger Insurance Plc, Resort Savings and Loans Plc, and RAK Unity Petroleum Plc from its platform for noncompliance with standards. READ MORE

4. Shaibu, Okpebholo Escape Death As Gunmen Attack Convoy In Edo, Policeman Dies

Philip Shaibu, the former deputy governor of Edo, and Monday Okpebholo, the governorship candidate of the All Progressives Congress (APC) in the state, escaped death on Thursday when their convoy was attacked in Benin City by suspected gunmen. READ MORE

5. Ursula Von Der Leyen Wins Second Term As European Commission President

Ursula von der Leyen has been reelected to a second five-year term as president of the European Commission after a vote by EU lawmakers, as the continent’s mainstream seeks to reassert itself in the face of a resurgent far right. READ MORE

6. JAMB Pegs University Admission cut-off Marks at 140, polytechnics 100, CoE 100

The Joint Admissions and Matriculation Board (JAMB) has pegged admissions cut-off marks for universities, polytechnics and colleges of education at 140, 100 and 100, respectively. READ MORE

7. CBN Mandates BDCs to Cap Forex Profit At 1.5%

The Central Bank of Nigeria(CBN) on Thursday directed Bureau De Change (BDCs) operators to sell forex at a maximum profit margin of 1.5 per cent to correct market distortions. READ MORE

8. Lagos Chamber Of Commerce Urges Governors To Replicate Livestock Ministry

The federal government's move to establish a ministry for livestock should be immitated  by subnational governments around the nation, according to a demand made by the Lagos Chamber of Commerce and Industry (LCCI). READ MORE

9. Transfer: PSG Reach Agreement With Napoli To Buy Osimhen

Napoli has reached an agreement with Paris Saint German (PSG) to sign striker Victor Osimhen to the French club. READ MORE

10. Deyemi Okanlawon: From Villain To Hero

Deyemi Okanlawon, an actor and producer, offered his advice on moving from creating social media skits to performing. READ MORE


READ FULL STORIES ON: https://matrixngr.com/2024/07/19/top-10-stories-across-nigerian-newspapers-friday-morning-july-19-2024/

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

1. Student Loan Fund: At Last, Tinubu Launches Scheme

* Says Target Is To Build A Fair Society Built On Successful Inclusiveness
* Students Starting Fresh Session To Be Paid Next Week – NELFund Boss
* Over 110,000 Students Have Successfully Applied To Scheme

After a long delay occasioned by intermittent postponements, President Bola Ahmed Tinubu, Wednesday July 17, 2024 at the Council Chamber of State House, Abuja finally launched the Nigerian Education Loan Fund (NELFund) scheme. READ MORE

2. N6.2tr Budget Increase: NASS Passes Bill For Second Reading

* Dickson Warns Legislators To Avoid Public Ridicule In Handling Of Legislative Activities

A bill seeking to increase the 2024 Budget by N6.2tr has been passed for second reading by the National Assembly on the day it was submitted to the National Assembly. READ MORE

3. Dangote Refinery Refuses To Back Down, Insists IOCs Frustrating Crude Purchase With Over Pricing

The management of Dangote Industries Limited (DIL) has refused to back down over claims that International Oil Companies (IOCs) are frustrating its quest to purchase crude feedstock for the Dangote refinery. READ MORE

4. Ndume: APC Making Same Mistakes As PDP- Buhari Ex-Aide Warns

Following the recent sacking of Senator Ali Ndume as the Chief Whip of the Senate and calls for his sacking from the All-Progressives Congress (APC), a former media aide to ex-president Muhammadu Buhari, Bashir Ahmad has claimed that the ruling party is on the verge of implosion and making the same mistakes as the Peoples Democratic Party (PDP). READ MORE

5. Senate Mulls Review Of 2023 Finance Act to Tax Banks’ Foreign Gains 

The Senate, Wednesday, mulled the amendment of the 2023 Finance Act aimed at taxing foreign exchange proceeds realised by banks nationwide in their financial statements for the purpose of funding strategic national projects. READ MORE

6. Tinubu Appoints Walson Jack As New Head of Civil Service 

President Bola Tinubu has approved the appointment of Mrs. Didi Esther Walson-Jack as Head of the Civil Service of the Federation. READ MORE

7. Peter Obi Makes Public Birthday Wish Ahead Of 63rd Birthday

Political leaders should give the needs of the underprivileged and disenfranchised in their respective nations top priority, according to Peter Obi, the Labour Party's (LP) 2023 presidential candidate. READ MORE

8. Reps, Senators Must Work Part-Time and Earn Minimum Wage - Ajaero

Joe Ajaero, the president of the Nigeria Labour Congress (NLC), has demanded that members of the House of Representatives and senators perform part-time jobs and receive the minimum wage. READ MORE

9. BBNaija Season 9: MultiChoice Unveils Prize Money of ₦100 million

The winner of the 2024 Big Brother Naija (BBNaija) reality TV season will get ₦100 million, as confirmed by MultiChoice Nigeria. READ MORE

10. Late Miss Condemns Super Falcons To Narrow Defeat Against Canada

Nigeria’s Super Falcons fell to a slim 1-0 defeat against Canada in their friendly at the La Quinta Football Centre, Malaga, on Wednesday night. READ MORE

READ FULL STORIES ON: https://matrixngr.com/2024/07/17/top-10-stories-across-nigerian-newspapers-thursday-morning-july-18-2024/