₦airaland Forum

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

1. State Of The Nation: Clark Spits Fire

* Reveals How Igbos' Disunity, Selfishness, Greed Cost Obi Presidency
* Accuses Tinubu Of Perpetrating Injustice Against Igbos
* Demands Immediate Restructuring Of Nigeria To Ensure Unity
* Charges President To Apply Political Solution To Nnamdi Kanu’s Case

In the aftermath of the Democracy Day celebration, elder statesman, Chief Edwin Clark has penned a weighty letter to President Bola Tinubu on the state of the nation. READ MORE

2. Dangote Drops Bombshell

* Says Oil Mafia Tried To Sabotage Refinery Project

The Chairman of the Dangote Group Aliko Dangote has dropped a bombshell on the challenges he encountered in building Africa’s biggest refinery saying he was oblivious that the mafia in the oil industry is bigger than those in drugs. READ MORE

3. NNPC Ltd To Withdraw Suit Against Sale Of ExxonMobil’s $1.28bn Assets To Seplat

In a bid to pave the way for the finalization of the $1.28bn sale of assets of Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy Offshore Limited, the Nigerian National Petroleum Company Limited (NNPC) has filed a motion in the High Court of the Federal Capital Territory (FCT) Abuja to discontinue lawsuit against the deal. READ MORE

4. Tinubu Lauds Outgoing Budget Office DG, Ben Akabueze, Appoints Tanimu Yakubu As Replacement

Following the expiration of the tenure of Mr. Ben Akabueze as the Director-General of the Budget Office of the Federation, President Bola Tinubu has lauded him for his service to the country. READ MORE

5. FG Begins Converting Railway Engines to CNG

The Federal Government has embarked on an ambitious endeavor to revolutionize railway transportation by converting locomotive engines from diesel to Compressed Natural Gas (CNG). READ MORE

6. Alleged ₦80bn Fraud: Bello Absent As Court Shifts  Arraignment To June 27

Former Kogi State governor, Yahaya Bello was again absent in court as the Federal High Court in Abuja has adjourned his arraignment in an alleged money laundering case instituted against him by the Economic and Financial Crimes Commission (EFCC) to June 27, 2024 following an agreement by the lawyers of the two parties. READ MORE

7. Supreme Court reserves judgment in local government autonomy case

Supreme Court has postponed making a decision in the lawsuit brought by the federal government against the 36 state governors who want to grant all 774 local municipalities in the nation complete autonomy. READ MORE

8. Africa airports ratings :  Lagos, Abuja airports rank in top 10.

Africa's air travel is expected to rise above pre-pandemic levels in 2024 for the first time. Africa’s aviation industry is recovering very well, with direct flights to six continents from Johannesburg to Cairo, which has Africa’s second-oldest airport. READ MORE

9. Podcast saga: Nedu’s management cautions Yvonne Jegede over defamatory post

The management of media celebrity Chinudu Ani Emmanuel, often known as Nedu, has responded to the outburst made by actress Yvonne Jegede on the OAP and the podcast "The Honest Bunch." READ MORE

10. Poor Results: NFF To Appoint Foreign Technical Adviser For Super Eagles

Following a string of poor results that have seen the Super Eagles of Nigeria remain winless in three matches in the World Cup qualifiers, the Nigeria Football Federation (NFF) has unveiled plans to appoint an “expatriate” technical adviser in the “coming weeks.” READ MORE



READ FULL STORIES ON: www.matrixngr.com

Africa's air travel is expected to rise above pre-pandemic levels in 2024 for the first time. Africa’s aviation industry is recovering very well, with direct flights to six continents from Johannesburg to Cairo, which has Africa’s second-oldest airport.

 African airlines have seen a notable 20.7% rise in international passenger travel year over year, according to a report released by the International Air Transport Association (IATA).

 This increase in capacity, up 22.1% from the previous year, demonstrates the expansion of the aviation industry in Africa. This growth is consistent with a global trend, wherein overall passenger traffic in February 2024 will be 5.7% higher than pre-pandemic levels.

In this context, Nairametrics has compiled a list of the busiest airports in Africa based on flight traffic in 2024 daily.

Instead of focusing on passenger volume, this list showcases the busiest airports in Africa based on the number of scheduled daily departures. Freighters and chartered flights are not included; only scheduled passenger flights are.  A travel resource that provides airline routes and timetables worldwide, is the source of this data.

15. Durban International

Durban International Airport in South Africa ranks as the third-largest airport in the country, with an average of 55 daily flights.

The busiest route is to Johannesburg (JNB), featuring an average of 204 weekly departures, accounting for over 55% of the airport’s total weekly flights.

Key international destinations include Dubai (DXB) and Harare (HRE), with the Durban to Dubai flight taking approximately 8 hours and 20 minutes.

Safair emerges as the leading airline at Durban International, with around 205 scheduled weekly departures, quadrupling the number of flights operated by the second-largest airline, CemAir.

14. Kotoka International Airport Accra

Kotoka International Airport (ACC), the largest airport in Ghana located in Accra, handles an average of 57 flights daily.

Operating from three terminals (Terminal 1, 2, and 3), the airport’s busiest route is to Kumasi (KMS), with an average of 88 weekly departures, representing 22% of the total weekly flights.

Major international destinations include Lagos (LOS) and Abidjan (ABJ). The longest flights from Kotoka are to New York (JFK), taking approximately 11 hours and 10 minutes, and to Dulles (IAD), with a flight time of 10 hours and 45 minutes.

Here, Africa World Airlines has the highest departures, with around 117 scheduled take-offs weekly. The second largest operator is Passion Air.

13. Zanzibar International Airport

Zanzibar International Airport, the second-largest airport in the United Republic of Tanzania, plays host to an average of 70 daily flights. With two terminals (Terminal 2 and Terminal 3), its busiest route is to Dar Es Salaam (DAR), with a 221 weekly departures, accounting for 42% of the airport’s total weekly flights.

Some of its most frequent international destinations include Nairobi (NBO) and Mombasa (MBA).

Auric Air dominates the departures from Zanzibar, with approximately 123 scheduled take-offs each week, followed by Precision Air.

12. Dar Es Salaam (DAR) – 75 flights every day

As the largest airport in the United Republic of Tanzania, Dar Es Salaam International Airport (DAR) accommodates an average of 75 flights daily. Operating from three terminals, the airport’s busiest route is to Zanzibar (ZNZ), with an average of 173 weekly departures, accounting for 33% of the total weekly flights.

Prominent international destinations from Dar Es Salaam include Nairobi (NBO) and Addis Ababa (ADD). The longest flights are to Guangzhou (CAN), taking around 11 hours, and to Amsterdam (AMS), with a flight time of 9 hours and 35 minutes.

Air Tanzania leads in departures from DAR, with approximately 148 scheduled take-offs each week, followed by Precision Air.

11. Marrakech Menara Airport

Marrakesh Menara Airport (RAK), the second-largest airport in Morocco with 79 daily flights on avergage it is a key aviation hub based in Marrakech.

The busiest route from this airport is to Paris Orly (ORY), with an average of 45 weekly flights, making up 8% of all departures.

Domestically, Casablanca (CMN) and Fes (FEZ) are the most popular destinations. The longest flights from Marrakesh are to New York (EWR), taking approximately 9 hours and 5 minutes, and to Montreal (YUL), with a flight time of 7 hours and 40 minutes.

Ryanair stands out as the largest airline at Marrakesh Menara, with about 181 scheduled take-offs each week, followed by easyJet.

10. Nnamdi Azikiwe International Airport

Abuja Nnamdi Azikiwe International Airport (ABV), the second-largest airport in Nigeria, handles an average of 79 daily flights. Flights depart from one of its four terminals (Terminal B, C, D, and E).

The busiest route is to Lagos (LOS), with an average of 178 weekly departures, accounting for 32% of all weekly flights. Key international destinations include Accra (ACC) and Lome (LFW).

The longest flights from Abuja are to Doha (DOH), taking approximately 8 hours and 40 minutes, and to London (LHR), with a flight time of 6 hours and 35 minutes.

Air Peace leads in departures from Abuja, with around 149 scheduled take-offs weekly, followed by Cimber AS.

The airport accommodates larger aircraft such as the Boeing 777, Airbus A350, and Airbus A340, while the most frequently scheduled aircraft types are the Boeing 737 and Embraer ERJ14X/13X.

9. Tunis–Carthage International Airport (TUN)

Tunis–Carthage International Airport (TUN), the largest airport in Tunisia, handles an average of 83 flights daily. With 26 airlines operating, you can fly to 65 destinations in scheduled passenger traffic.

The busiest route is to Mitiga, Tripoli (MJI) in Libya, with an average of 52 weekly flights, comprising 9% of all weekly departures. Popular domestic destinations include Djerba (DJE) and Sfax (SFA).

Tunisair is the leading airline at Tunis–Carthage, with approximately 210 scheduled take-offs each week, followed by Nouvelair Tunisie.

The airport accommodates larger aircraft such as the Boeing 777, Airbus A350, and Airbus A330. The most frequently scheduled aircraft types are the Airbus A31X/32X and Boeing 737.

8. Houari Boumediene Airport Algier (ALG)

Houari Boumediene Airport (ALG), the largest airport in Algeria located in Algiers, handles approximately 100 flights daily. Departures occur from one of its four terminals (Terminal 3, D, I, and W). The most frequently traveled route is to Paris Charles de Gaulle (CDG) in France, with an average of 69 weekly flights, constituting 9% of all weekly departures. Domestically, popular destinations include Oran (ORN) and Constantine (CZL). The longest flights from Algiers are to Kuala Lumpur (KUL), taking around 13 hours and 10 minutes, and to Beijing (PEK), with a flight time of 11 hours and 45 minutes.

Air Algerie leads in departures from Houari Boumediene, with approximately 509 scheduled take-offs each week, significantly surpassing the second-largest airline, Air France. The airport accommodates larger aircraft such as the Boeing 777, Airbus A330, and Boeing 787 Dreamliner, while the most frequently scheduled aircraft types are the Boeing 737 and ATR 72/42.

7. Murtala Muhammed International Airport Lagos (LOS)

Murtala Muhammed International Airport in Lagos, Nigeria, stands as the country’s largest airport, handling an average of 101 daily flights. Flights operate from its two terminals, Terminal D and Terminal I.

The busiest route is to Abuja (ABV), with an average of 178 weekly flights, comprising 25% of all weekly departures. Key international destinations from Lagos include Accra (ACC) and Doha (DOH). The longest flights include Lagos to Maasai Mara (ANA), a journey lasting approximately 23 hours.

Air Peace leads in departures from Murtala Muhammed Airport, with around 193 scheduled take-offs per week, followed by Cimber AS.

6. Cape Town International Airport (CPT)

Cape Town International Airport (CPT), the second largest airport in South Africa, operates an average of 103 flights daily.

The airport’s busiest route is to Johannesburg (JNB), with approximately 301 weekly flights, representing 41% of all weekly departures. Key international destinations from Cape Town include Windhoek (WDH) and Dubai (DXB).

The longest flights from Cape Town are to Atlanta (ATL), with a flight duration of approximately 15 hours and 55 minutes, and to Dulles (IAD), taking about 15 hours and 45 minutes.

Safair leads in departures from Cape Town International Airport, with around 268 scheduled take-offs per week, followed by Airlink (South Africa).

5. Mohammed V International Airport –Casablanca (CMN)

Mohammed V International Airport (CMN), the largest airport in Morocco located in Casablanca, operates with approximately 104 flights daily. Flights depart from its two terminals, Terminal 1 and Terminal 2.

The most frequented route is to Paris Orly (ORY) in France, with an average of 46 weekly flights, constituting 6% of all weekly departures. Popular domestic destinations include Marrakech (RAK) and Agadir (AGA). The longest flights from Casablanca are to Miami (MIA), taking around 8 hours and 45 minutes, and to Dulles (IAD) with a flight time of 8 hours.

Royal Air Maroc is quite popular for its departures from Mohammed V Airport, with approximately 559 scheduled take-offs each week, significantly surpassing the second largest airline, Air Arabia Maroc.

4. Jomo Kenyatta International Airport Nairobi (NBO)

Jomo Kenyatta International Airport (NBO), the largest airport in Kenya situated in Nairobi, records approximately 123 flights daily.

Flights operate from its five terminals (Terminal 1A, 1B, 1C, 1D, and 2). The most frequented route is to Mombasa, with an average of 147 weekly flights, accounting for 17% of all weekly departures. Key international destinations from Nairobi include Kigali and Entebbe .

The longest flights from Jomo Kenyatta International are to New York (JFK), with a flight duration of approximately 15 hours, and to Changsha (CSX), taking about 11 hours and 15 minutes.

Kenya Airways accounts for around 405 scheduled take-offs per week, followed by Jambojet Limited.

3. Addis Ababa Bole International Airport (ADD)

Addis Ababa Bole International Airport (ADD), the largest airport in Ethiopia, operates with a remarkable 194 flights daily. Flights depart from its two terminals, Terminal 1 and Terminal 2. The most frequently traveled route is to Bahar Dar (BJR), with an average of 106 weekly flights, representing 7% of all weekly departures.

Key international destinations from Addis Ababa include Dubai (DXB) and Rome (FCO). The longest flights from Bole International Airport are to Sao Paulo (GRU), taking approximately 12 hours and 30 minutes, and to Shanghai (PVG), with a flight time of 11 hours and 45 minutes.

Ethiopian Airlines has the most departure from Addis Ababa Bole International Airport, with around 1,364 scheduled take-offs per week, significantly surpassing the second largest airline, Kenya Airways.

2. Cairo International Airport (CAI)

In second place for busiest airport in Africa is Cairo International Airport (CAI), the largest airport in Egypt with a record of 243 flights daily.

Flights depart from one of its four terminals (Terminal 1, 2, 3, and S). The most frequently travelled route is to Jeddah (JED) in Saudi Arabia, with an average of 211 weekly flights, comprising 12% of all weekly departures. Popular domestic destinations include Hurghada (HRG) and Sharm el Sheikh (SSH).

EgyptAir leads in departures from Cairo International Airport, with around 734 scheduled take-offs per week, significantly surpassing the second-largest airline, Air Cairo.

1. Johannesburg International Airport (JNB)

Johannesburg International Airport (JNB) stands as the busiest airport in Africa, handling an average of 251 flights daily.

As the largest airport in South Africa, it operates flights from its two terminals, Terminal A and Terminal B. The most frequented route is to Cape Town (CPT), with an average of 300 weekly flights, accounting for 17% of all weekly departures.

Key international destinations from Johannesburg include Harare (HRE) and Lusaka (LUN).

Airlink (South Africa)has the highest departure rates from Johannesburg International, with around 657 scheduled take-offs per week, followed by Safair

SOURCE: www.matrixngr.com

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

1. Democracy Day: Police, DSS Warn Protesters

* Place AIGs, CPs On Red Alert
* No Substitute For Democracy As A Form Of Government-Atiku
* Jonathan Canvasses “More Inclusive, Social Cohesion” Model Of Democracy

Ahead of the June 12 Democracy Day, the Nigerian Police Force has warned against planned violent demonstrations by certain individuals and groups in several parts of the country. READ MORE

2. Kano Emirship Tussle: Why Suit Was Stalled

* Court Orders Substituted Service On Dethroned Emirs

The failure of Kano State Commissioner of Police, Usaini Gumel to serve court processes on the 15th Emir of Kano, Aminu Ado-Bayero and four others stalled hearing in the Kano emirship tussle instituted by the Kano State Government at the state high court, The Matrix has gathered. READ MORE

3. FG's Income From CIT Declines As VAT Revenue Increased To N1.43trn In Q1 2024-NBS

The income generated by the Federal government through the Company Income Tax (CIT) fell to N984 billion in the first quarter of 2024 from the N1.13tr recorded in the fourth quarter of 2023, the National Bureau of Statistics (NBS) has disclosed. READ MORE

4. Naira Redesign: Ex-CBN Director Reveals How Emefiele Ignored Design Approved By Buhari

A former Central Bank of Nigeria, CBN, Director of Currency Operations, Ahmed Umar, has revealed how the immediate past governor, Godwin Emefiele ignored the design approved by former President, Muhammadu Buhari and printed his own design of the naira. READ MORE

5. Democracy Day: President Tinubu To Address Nigerians Wednesday

President Bola Tinubu will address Nigerians on the occasion of the country’s Democracy Day on Wednesday morning. READ MORE

6. Democracy Day: Tinubu Calls For Recommitment To Values Of Inclusivity, Accountability, Transparency

President Bola Ahmed Tinubu has implored Nigerian leaders to recommit to the values of inclusivity, accountability and transparency in the bid to guarantee a democracy that flourishes and endures for generations to come. READ MORE

7. Online Insults Can Lead to Jail Time, EFCC Warns Nigerians"

The Economic and Financial Crimes Commission (EFCC) has issued a strong caution to Nigerian youths, urging them to reconsider before getting involved in online harassment or cybercrime, highlighting the serious legal ramifications, including imprisonment. READ MORE

8.   NNPC, Golar LNG finalize on floating gas offshore

To float LNG offshore in the Niger Delta region, the Nigerian National Petroleum Corporation (NNPC) Limited has inked a major agreement with Golar LNG, a North American company. Olufemi Soneye, the NNPC spokesperson, revealed this information in a statement on Monday in Abuja. READ MORE

9. Davido, Chioma Pick Official Traditional Wedding Ceremony Date

Chef Chioma and Nigerian superstar singer David Adeleke, better known by his stage name Davido, have decided to hold their formal traditional wedding ceremony on June 25, 2024. READ MORE

10. 2026 WCQ: ‘Super Eagles reflection of Nigerian government’ – Rapper Illbliss Fumes

The Super Eagles, according to well-known rapper Tobechukwu Ejiofor, also known as Illbliss, are a reflection of the Nigerian government. READ MORE


READ FULL STORIES ON: www.matrixngr.com

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

1. New Minimum Wage: Fear Of Fresh Strike Looms

* Tripartite Committee Submits Report To FG
* Labour Rules Out Strike On Tuesday, Awaits Tinubu’s Decision
* States Need To Weed Out Ghost Workers-SDP

For the second time this month, there are anxiety that economic activities in the country might again be grounded as Organized labour comprising the Nigeria Labour Congress (NLC) Trade Union Congress (TUC) and other affiliate bodies have disclosed that they will not accept any N62,000 or N100,000 “starvation wage” as the minimum wage for Nigerian workers. READ MORE

2. Financial Sector Stability: Again, CBN Allays Fears

* Again, CBN Debunks Rumors Of Revoking Licences Of Four Banks, Reiterates Safety Of Financial Sector

Following the collapse of Heritage Bank Plc, anxiety and apprehension seem to have gripped the Nigerian financial sector as fears of further revocation of other allegedly distressed banks looms large. READ MORE

3. Afreximbank Supports Fidelity Bank’s Acquisition of Union Bank UK With $40 Million

Afreximbank said it has disbursed a $40 million intra-African investment facility to Fidelity Bank Nigeria Plc to support Fidelity Bank’s acquisition and recapitalization of Union Bank United Kingdom. READ MORE

4. FAAC: FG, States, LGAs Share N1.1trn In May; Suffer N60bn Decline 

The three tiers of government, Federal, States, Local Governments shared N1.14 trillion for May, the Federation Account Allocation Committee (FAAC) has disclosed. READ MORE

5. South-West Govs Elect Sanwo-Olu As Chair, Adopt Common Agenda For Region’s Prosperity

The issues of regional economic integration, food production and regional security topped the discussions at the meeting of the South-West Governors’ Forum held in Lagos on Monday. READ MORE

6. Tinubu Sacks Arase as Police Service Commission Chairman

President Bola Ahmed Tinubu has sacked Solomon Arase as chairman of the Police Service Commission, PSC. READ MORE

7. We Didn’t Inflate Fuel Subsidy Claims By N3.3tr, NNPC Limited Cries Out

The Nigerian National Petroleum Company Limited, NNPC Ltd, has shot down allegations making the rounds that the state oil company inflated fuel subsidy claims by N3.3 trillion. READ MORE

8. Nnamdi Kanu Charges Court to jail DSS DG, Bichi For Disobeying Orders

The leader of the proscribed Indigenous People of Biafra, IPOB, Nnamdi Kanu has charged the Abuja Federal High Court to jail the Director General of the Department of State Services, DSS, Yusuf Bichi over his refusal to adhere to the court’s ruling regarding his visitation. READ MORE

9. Cyberbullying: VeryDarkMan meets bail condition

Martin Otse, a controversial social media critic known as VeryDarkMan, who was accused of cyberbullying, has been granted bail by a Federal High Court in Abuja. READ MORE

10. WCQ: Benin Republic Clip Super Eagles’ Wings, Beat Nigeria For First Time

Benin Republic beat the Super Eagles for the first time on Monday, defeating them 2-1. That scoreline leaves Nigeria’s World Cup qualification on the line. READ MORE

READ FULL STORIES ON: www.matrixngr.com

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

1. Tinubu’s Political Goodwill Comment: Atiku Fires Back At Shettima

* How I Saved Tinubu’s Political Career As Lagos Governor
* Says Shettima Carried Away With Euphoria Of Unveiling Of His Official Residence
* Reveals How He Was Nominated By All Delegates From All The States

Vice President Kashim Shettima has come under scathing criticism from former Vice President, Atiku Abubakar over his comment that the former VP once benefited from President Bola Tinubu’s political goodwill when they were being persecuted.

2. Obi Under Fire Over Nigeria, South Africa's Elections Comparison

* He Lacks Understanding Of Nigeria – Northern Group

The 2023 Labour Party’s Presidential candidate, Peter Obi has come under heavy attack over his comment comparing Nigeria’s and South Africa electoral process.

3. Nigeria’s Trade Surplus Hits N6.5trn in Q1|24, Says NBS As France, Spain Top Export Destination

Nigeria recorded a N6.5 trillion trade surplus between January and March of 2024; Q1|2024, fresh data released by the National Bureau of Statistics (NBS) on Sunday, June 9, 2024 has shown.

4. Tinubu Makes Vital Appointments At Climate Change Council

President Bola Tinubu has made vital appointments at the National Council on Climate Change (NCCC).

5. Hardtimes: Governors’ Forum considers export, import of electricity between states

The Nigerian Governors' Forum (NGF) is presently debating proposals that would allow states to import or export power from the national grid or between themselves.

6. SERAP Sues Tinubu For Failure To Publish Details Of Loans Taken By Ex-Presidents

Socio-Economic Rights and Accountability Project (SERAP) has slammed a lawsuit on the government of President Bola Tinubu “over the failure to publish spending details of the loans obtained by the governments of former presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan and Muhammadu Buhari.”

7. Minimum Wage: Governors, Senators, Reps Should Also Earn N62k Proposed By FG-Mbaka

Controversial Catholic priest, Rev Fr Ejike Mbaka has disclosed that state governors and members of the national assembly including Senators and Reps members should also earn the N62,000 minimum wage proposed by the federal government.

8. It’s Official! Makinde Approves Olakulehin As 43rd Olubadan

A new Olubadan would be installed soon, as the Oyo State Governor has disclosed that he has received and approved the nomination of Owolabi Olakulehin as the 43rd monarch of the historic city of Ibadan, the Oyo State capital.

9. The Return Of Bukky Wright 

After an almost ten-year hiatus, Bukky Wright, the timeless and stunning screen beauty, has returned to filmmaking.

10. Alcaraz Beats Zverev To Claim Maiden French Open Title At Roland Garros

Carlos Alcaraz defeated Alexander Zverev in five sets to win his maiden French Open title at Roland Garros


READ FULL STORIES ON: www.matrixngr.com

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

1. Proposed Regional Govt Bill 

* Draft to  Reach Tinubu Next Week
* It Empowers Regions for Self-Governance, Enabling Ethnic Autonomy 
* Bill  not Currently Under Committee Review-Francis Waive,
* Regional Govt System Can’t Help Nigeria Anymore – Yakasai 

A groundbreaking proposal to transition Nigeria to a regional governance structure is set to be submitted to President Bola Tinubu next week, marking a significant milestone in legislative efforts. This development comes in response to the recent rejection by the House of Representatives of a draft bill that had been circulating online.
2. Minimum Wage :Pay Up or Resign,Labour Replies Governors

* Insists  Govs Can Pay If Corruption Is Minimised

Organised Labour has accused state governors of acting in bad faith over the new minimum wage negotiations, rejecting their claim that the proposed N60,000 minimum wage is too high and unsustainable.

3. Crude Oil Supply Crisis: Oil Majors Point to Theft and Low Production as Main Culprits"

The oil industry in Nigeria faces a dire situation due to rampant oil theft and pipeline vandalism, severely impacting the nation's crude oil supply. The Lagos State Chamber of Commerce and Industry has sounded the alarm, emphasizing the serious consequences for both major oil players and modular refineries.

4. Nigeria, Benin Republic Agree on Unified Border Entry Declaration Form

The Nigeria Customs Service (NCS) says Nigeria and Benin Republic have agreed to have a single entry declaration form for both countries to be used for border crossing.

5. Tinubu: "FG is retooling the financial system to relieve Nigerians." 

Nigeria's economic problems have once again been acknowledged by President Bola Tinubu, who has reassured the populace that his government is "retooling" the banking system to help them.

6. "Tinubu, Buhari Made A Mockery Of Democracy"-Lukman 

A Chieftain of the APC, Lukman Salihu Lukman, the immediate former National Vice Chairman of the ruling All Progressives Congress APC, claimed that during the party's final nine years in office, both President Bola Tinubu and his predecessor, Muhammadu Buhari, had made a mockery of democracy.

7. Consider America's various minimum wage structure, Omokri advises the Nigerian government.

 The American multiple minimum wage system should be implemented in Nigeria, according to writer and socio-political researcher Reno Omokri.

8. Bode George solicits: 'Tinubu Requires Extra Year to Tackle Nigeria’s Challenges'

Peoples Democratic Party (PDP) leader Bode George has urged Nigerians to grant President Bola Tinubu another year to address the nation's problems and keep his pledges.

9. How Tinubu Govt Retrieve N12.7 billion in Metering Funds From Supplier After 21 Years- Adelabu 

Adebayo Adelabu, the Minister of Power, has disclosed how his ministry was able to retrieve N12.7 billion from a local supplier 21 years after the federal government had paid for it.

10. Full Squad Of 24 Countries Qualified For Euro 2024

The Euro 2024 will start at a time when all the major leagues in the world are on break.

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

1. New Minimum Wage: Fresh Crisis Looms

* FG, Labour, OPS Fail To Reach Agreement
* Tripartite Committee Concludes Assignment, It Depends On Presidency, N’ Assembly Now
* Government Offers N62k, Labour Insists On N250k
* We Can’t Pay N60k, States Tell FG, Labour OPS

Hopes of arriving at a new minimum wage for Nigerian workers before the end of the one week relaxation of the strike embarked on by the Organised Labour in Nigeria appears to have been dashed by the recent outcome of the meeting of the tripartite committee yesterday.

2. Nigeria’s Economy To Hit $1.85trn By 2029- IMF

* Projects Significant Growth Trajectory For Nigeria’s Economy Over The Next Five Years

In a development that will gladden the hearts of many Nigerians, the International Monetary Fund (IMF) has projected Nigeria’s economy to rise to at least $1.85 trillion in purchasing power parity terms by 2029.

3. Nigeria Lost About N7 Billion in Cargo Transport Due to NLC, TUC Strike: Agents

The Domestic Airports Cargo Agents Association (DACAA) has estimated that Nigeria lost about N7 billion during the two-day NLC and TUC nationwide strike.

4. Fubara Approves N19.5bn For Reconstruction Of Demolished Assembly Chambers

The Rivers State Government will spend the sum of N19.5 billion for the reconstruction of the State Assembly Chambers that was demolished by the government in the wake of the political crisis in the state.

5. Obi's Former Campaign DG, Okupe Shifts Ground, Says Tinubu Best Among All Presidential Candidates In 2023

Citing the benefit of hindsight, the former Director General of Peter Obi’s Campaign, Doyin Okupe has shifted ground, while hailing President Bola Tinubu as the best among all the candidates who contested the 2023 presidential election.

6. Tariff Hike: Tribunal Fines Multichoice ₦150m, Ordered To Give Nigerians One Month Free Subscription

The Competition and Consumer Protection Tribunal has fined the prominent Pay-TV operator, Multichoice Nigeria, owners of DSTV, GOTV, ₦150 million for disputing the court’s jurisdiction.

7. Obidient Movement About Good Governance, Bigger Than Labour Party, Says Tanko

The chief spokesman of the Obi-Datti organization, Tanko Yunusa has described the Obidient Movement as all about good governance and is bigger than the Labour Party.

8. Kano Emirship Saga: Court Reserves Judgement In Suit Filed By Bayero

A Federal High Court sitting in Kano on Friday, reserved judgement in the fundamental human rights suit filed by the dethroned 15th Emir of Kano, Aminu Ado Bayero, following a heated argument between the prosecution counsel and defendant counsel during the hearing.

9. Mohbad’s Death May Have Been Caused By Drug Reaction- Autopsy

The autopsy conducted on the body of late singer Mohbad has been declared inconclusive while a possible cause of his death has been attributed to drug reaction.

10. W/Cup Qualifiers: South Africa, Nigeria Settle For 1-1 Draw

Nigeria’s World Cup Qualification journey continued with another draw on Friday as the Super Eagles of Nigeria played out a 1-1 draw with the Bafana Bafana of South Africa at the Godswill Akpabio Stadium in Uyo.


READ FULL STORIES ON: www.matrixngr.com

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

1. New Minimum Wage: Hope Rises For Nigerian Workers

* Committee Will Arrive At A Figure Today, Uzodimma Assures
* “There Is No Cause For Alarm” On The Ongoing Negotiations-Edun
* Presidency Debunks Rumours Of N105k As New Minimum Wage

 Hope appears to be in sight on the possibility of a new minimum wage for Nigerian workers if the statements of Imo State Governor, Hope Uzodimma are anything to go by.

2. Fuel Subsidy: Atiku, FG Trade Tackles

* Tinubu’s Administration Diverting Public Funds Through Petrol Subsidy-Ex VP

The controversies surrounding the claims on the alleged return of fuel subsidy has pitted former Vice President of Nigeria, Alhaji Atiku Abubakar and the Federal Government of Nigeria against each other.

3. Afrexim Bank disburses another $925 million under NNPC $3.3 billion loan

African Export-Import Bank (Afreximbank) has announced an additional disbursement of $925 million under the syndicated $3.3 billion crude oil-backed prepayment facility sponsored by the Nigerian National Petroleum Company (NNPC) Limited

4. Sanwo-Olu Awards N10m To LASU Best-Graduating Student, Hails Institution For Contribution To Economy

The Lagos State Governor, Babajide Sanwo-Olu, has awarded ₦10 million to the best-graduating student of Lagos State University (LASU), Olaniyi Olawale.

5. Why I Visited Injured Ex-Super Eagles Star Tijani Babangida- Obi

Labour Party’s 2023 presidential candidate, Peter Obi has revealed why he paid a sympathy visit to Tijani Babangida, the former Super Eagles winger who was recently involved in a motor accident last month.

6. Labour Shutting down National Grid Is Treasonous Felony-SGF

George Akume, the Secretary to the Government of the Federation (SGF), has advised Organized Labor members to use greater restraint when advocating for the reinstatement of the previous power pricing and a national minimum wage.

7. I am not quitting Labour Party, Peter Obi replies NLC

Peter Obi, the 2023 presidential candidate of the Labour Party (LP), on Sunday, said he would rather work to ensure peace for the party to overcome its present challenges than leave it.

8. Ozekhome Calls For Fair Hearing In El-Rufai Alleged Corruption’s Case

A human rights lawyer Mike Ozekhome has called for fair hearing for embattled former Kaduna State governor Malam Nasir El-Rufai in the probe of his administration by the state’s House of Assembly committee,

9. ‘One day everything will pay off’ – Netizens react to Fireboy motivation

The Nigerian artist Fireboy DML, whose real name is Adedamola Adefolahan, has disclosed what drives him most in life.

10. 19 Premier League Clubs Vote In Favour Of Keeping VAR

Premier League clubs have voted by 19-1 in favour of keeping Video Assistant Referees (VAR) next season.

READ FULL STORIES: www.matrixngr.com

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

1. New Minimum Wage: Negotiation Continues

* FG, Labour, Private Sector Resume Wage Talks After Strike
* Reps Urge FG To Fix Realistic Minimum Wage For Nigerian Workers
* Say It’s Unfortunate When FG Talks About Minimum Wage, Shy Away From A Living Wage
* Finance Minister Submits Template to Tinubu Today

In an effort at arriving at a new minimum wage for Nigerian workers, Organized labour comprising the Nigeria Labour Congress (NLC); Trade Union Congress (TUC) and other affiliated bodies, Wednesday resumed negotiation with the Federal Government of Nigeria and Organised Private Sector (OPS).

2. Kaduna: Assembly, El-Rufai Heading For Showdown

* It Is A ‘Politically Motivated Jaundiced Probe’- El-Rufai
* Some Loans Obtained By El-Rufai Didn’t Follow Due Process-Assembly

A row is brewing between the Kaduna State House Of Assembly and former Governor of the state, Malam Nasir El-Rufai.

3. Nigeria’s Current Account Balance Above $1.432bn, Says IMF

The International Monetary Fund (IMF), says Nigeria’s current account balance has experienced a surplus of $1.432 billion in 2024.

4. Why We Passed Bill To Increase Salaries Of Judicial Officers-Senate

The Senate has passed a bill seeking to prescribe improved salaries, allowances, and fringe benefits of Judicial office holders in Nigeria.

5. Court Adjourns Shaibu’s Impeachment Suit Against Obaseki Over Defendants’ Absence

The Federal High Court Abuja has adjourned hearing in a suit instituted by the impeached Deputy Governor of Edo State, Phillip Shaibu, against Governor Godwin Obaseki and others till June 28, 2024.

6. Court Grants FG’s Request To Seize N11.1bn Properties Linked To Emefiele

The federal high court sitting in Lagos has granted the federal government an order of interim forfeiture of properties valued at N11,140,000,000 linked to Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN).

7. Collapsed Heritage Bank’s Customers To Receive Insured Deposit Within One Week, Says NDIC MD

Depositors of collapsed Heritage Bank Plc will receive their insured deposit of up to N5m within one week the Nigerian Deposit Insurance Corporation (NDIC) has assured.

8. FG spent N3.6 trillion on fuel subsidy in 2023, projects N5.4 trillion in 2024 – ASAP Reports

Fuel subsidies are expected to cost over N5.4 trillion in 2024, according to the federal government, compared to the N3.6 trillion allocated for the same intervention in 2023.

9. Naira abuse: Court adjourns Cubana Chief Priest Case 
On Wednesday, a Federal High Court in Lagos postponed further proceedings till June 25 in order to discuss a case involving famous bartender Pascal Okechukwu, also known as the Cuban Chief Priest, and his alleged misuse of Naira.

10. CAF debunks AFCON 2025 postponement rumours

The Confederation of African Football, CAF, has denied reports the 2025 Africa Cup of Nations has been moved to early 2026.

READ FULL STORIES ON: www.matrixngr.com

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

1. New Minimum Wage: Amid Strike Suspension, Labour Still Talks Tough

* We Won’t Accept N3k Increase, Osifo Warns FG
* Says When It Comes To Labour's Issue, It Should Be Taken Seriously
* Tinubu Directs Finance Minister To Present Minimum Wage Template
* Moghalu Canvasses N75-N100k As Minimum Wage, Reveals Why N494k Is Unrealistic

All might not be uhuru yet in the ongoing negotiation between the organized labour comprising the Nigeria Labour Congress (NLC); Trade Union Congress (TUC) and other affiliated bodies regarding a new minimum wage for Nigerians workers.

2. Heritage Bank’s Collapse: CBN Debunks Planning To Withdraw Licenses Of Three Banks

* Says Allegations False, Intended To Trigger Panic In The Financial System

Amid skepticism and worries about the financial health of some other banks in the country, the Central Bank of Nigeria has debunked reports of plans to withdraw the licenses of three banks in the country.

3. Foreign Investments Depend On FX Reforms, Not Higher Oil Production Fitch Tells FG

Global Ratings agency, Fitch Ratings has warned the Nigerian Government that the ongoing foreign exchange (FX) reforms are necessary to boost foreign direct investment (FDI) and foreign portfolio investment (FPI) not higher crude oil production.

4. Strike: Shutting Down National Grid, Other Actions By Labour Equal To Economic Sabotage, Says Senate

The Senate has expressed worry over the implications of the shutdown of the National Grid and disruption of hajj flights, among other actions taken by the Organised Labour during the nationwide strike to agitate for a new minimum wage for Nigerian workers as economic sabotage.

5. ‘Today, I Can Brag’, Tinubu Hails Wike Over ‘Excellent Performance’ As FCT Minister

President Bola Tinubu has disclosed that he is proud of the performance of Nyesom Wike as the Minister of the Federal Capital Territory (FCT).

6. Low Turnout Forces INEC To Extend Voter Registration In Edo, Ondo

 In a bid to allow more eligible persons to register following a low turnout of voters, the Independent Electoral Commission (INEC) has extended voters’ registration for Edo and Ondo States respectively.

7. Nigeria's National Prescription Policy steering group is officially inaugurated by FG

The Nigerian Minister of State for Health and Social Welfare, Dr. Tunji Alausa, announced today on his X account that the Federal Government of Nigeria has established a Steering Committee to develop the Nigeria National Prescription Policy in an effort to combat antibiotic resistance and enhance healthcare delivery.

 8. N3.7tr Budget Padding Saga: After Three Months Suspension, Senator Ningi Resumes

The lawmaker representing Bauchi Central Senatorial District, Senator Abdul Ningi, has resumed his legislative duties in the upper chamber after a suspension that lasted three months following his allegation of a N3.7tr budget padding allegation.

9. EPL: Man City 'Launch Legal Action' Against Premier League Over Financial Rules

Ahead of their own 115-charge hearing on Financial Fair Play violation, Manchester City are taking legal action against the Premier League, The Times has exclusively revealed.

10. I’ll Never Again Reveal My Political Inclinations – Toyin Abraham Vows

Toyin Abraham, who received negative feedback on social media for endorsing Bola Tinubu in the 2023 elections, has promised never to disclose her political views again.


READ MORE STORIES: www.matrixngr.com

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

1. New Minimum Wage: Truce At Last!

* FG Agrees To Pay More Than N60,000 As Minimum Wage
* Tripartite Committee To Meet Daily For Next One Week To Determine New Wage
* Labour Will Convene Urgent Meeting To Consider FG’s Commitment

After a long deliberation, the Federal Government and organized labour comprising the Nigeria Labour Congress (NLC); the Trade Union Congress (TUC) and other affiliate bodies have reached a truce regarding the industrial action that has grounded commercial activities across the country.

2. Heritage Bank's Collapse: Here Is What’s Next

* Larger Depositors To Get Balance After Assets Are Sold
* Depositors To Get Maximum Of N5m On Deposits- NDIC

Anxiety and apprehension regarding the safety of their fund has hit customers of Heritage Bank Plc whose operating license was revoked early on Monday due to financial instability.

3. FG Dangles N1b Loan At 9% Interest Rate Before Large Businesses

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has disclosed that the federal government is willing to provide up to N1 billion in credit facilities to large enterprises, including manufacturers, at a 9% interest rate.

4. CBN Lifts Restriction On OPay, Moniepoint, Kuda, Other, Okays Onboarding Of New Customers

The Central Bank of Nigeria (CBN) has lifted the restriction on Financial technology (Fintech) like Opay, Moniepoint, Palpay, Kuda and others, giving them the green light to onboard new customers.

5. Fubara Talks Tough Again, Says Enemies Of Rivers Desperate To Frustrate Him

Governor Siminalayi Fubara of Rivers State has again alleged that desperate enemies of the state have thrown everything into the ring in an attempt to frustrate his administration from functioning effectively.

6. Confusion Over Fate Of Pastor Iluyomade, Source Says He Was Transferred, Not Suspended

There is confusion over the fate of celebrity pastor, Idowu Iluyomade, the Senior Pastor of the Redeemed Christian Church of God, RCCG, City of David Parish, Region 20

7.  Airfares in Nigeria rise by 0.25% in April 2024 – NBS Report

In April 2024, the average fare paid by travelers in Nigeria on designated routes on a single trip was N89,189.19, which is a 0.25% increase from March 2024.

8. "Don't Piss Me Off" – Drama Erupt As Ruby Ojiakor, Adanma Luke, And Nosa Rex Argue Over Junior Pope's Passing

Adanma Luke, a movie producer, and Nollywood actor Nosa Rex have criticized their colleague Ruby Ojiakor for allegedly using the passing of their late colleague Junior Pope for social media material.

9. Strike: National Minimum Wage Act 2019 Has Expired, Says Falana

The National Minimum salary Act of 2019, which established the national minimum salary of N30,000, has legally expired, according to Senior Advocate of Nigeria (SAN) Femi Falana.

10. It's Official! Chelsea Appoint Maresca To Replace Pochettino As Head Coach

Chelsea have appointed Enzo Maresca as their new head coach.

READ FULL STORIES ON: www.matrixngr.com

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

1. Strike: No Going Back, Organised Labour Insists

* For Now, We Don’t Have Power To Call Off The Strike-Labour
* Akpabio, Abbas, Akume’s Last Minute Efforts To Avert Strike Fail
* Strike Illegal, Premature Says AGF As Finance Minister Describes Labour’s Demand As Unaffordable

A last minute effort by the leadership of the National Assembly and the Office of the Secretary to the Government of the Federation to avert a nationwide industrial action has failed.

2. State Of The Economy: Edun Speaks

* Reveals Why Multinationals Are Leaving Nigeria
* Says Economic Stabilisation Plan Will Address Challenges Confronting Businesses

Amid the challenging economic situation in Nigeria which has seen several multinationals exit the country, The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has disclosed that the President Bola Ahmed Tinubu’s administration is working on the economic and investment climate to attract more multinationals into Nigeria.

3. Zenith Bank Named Most Sustainable Bank In Nigeria In The International Banker Awards 2024 For The Second Consecutive Year

Zenith Bank Plc has been named the “Most Sustainable Bank, Nigeria” in the International Banker 2024 Banking Awards, retaining the title for the second consecutive year.

4. Power Generation Companies Beg FG to Settle N2Trillion Electricity Debt 

The power generation companies (GenCos) have appealed to the federal government to settle electricity debts owed them for electricity generation to enable them to remain in business.

5. IATA Hails CBN Over Repatriation Of 98% Of Foreign Airlines Trapped Funds 

According to the multinational Air Transport Association (IATA), multinational carriers have successfully repatriated about 98% of the airline cash that were stranded in Nigeria.

6. Kogi Govt Confirms Rescue Of Remaining Abducted Confluence University Students

The Kogi State government has confirmed the rescue of the remaining kidnapped students of the Confluence University of Science and Technology (CUSTECH), Osara, Kogi.

7. FG To Boost Economy With New 6 Mineral Centres

The Federal Government has set plans to establish six mineral centres in the six geo-political zones of the country to boost the mining sector and economy.

8. OPEC Caps Nigeria’s Crude Oil Production Quota For 2025 At 1.5MBPD

The Joint Ministerial Monitoring Committee (JMMC) of the Organisation of Petroleum Exporting Countries and its allies (OPEC+) has capped Nigeria’s crude oil production quota for 2025 at 1.5 million barrels daily (mbpd).

9. French Star, Kylian Mbappe Signs Real Madrid Contract

Kylian Mbappe has signed his contract with Real Madrid.

10. Anita Joseph explains why budding actresses in Nollywood don't succeed. 


Celebrity and media figure Anita Joseph Olagunju is a well-known actress from Nigeria. She has acted in many movies, earning praise for her adaptable acting abilities. Most recently, she added prayer ministry to her calling. The contentedly married movie star discusses her new life, job, marriage, and more in this interview



READ FULL STORIES ON: www.matrixngr.com

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

1. New Minimum Wage: Epic Showdown Looms

* Blackout, Fuel Scarcity Loom As NUPENG, Electricity Workers Gear Up For Strike
* Stop Scheduled Strike, Go Back To Negotiation Table-FG, State Govs Woo Labour
* Walking Out of Discussions, Strike Won't Solve Problem- MAN DG
* Abia Workers Agree To Take Part In National Strike

Come Monday, June 3, 2024, organized labour comprising the Nigeria Labour Congress (NLC); Trade Union Congress of Nigeria (TUC) and other affiliated bodies will commence a nationwide industrial action due to the increase in energy prices and the tripartite committee's failure to come to a decision on a new minimum wage for Nigerian workers.

2. Abia Soldiers’ Killing: Tinubu Talks Tough

* Says FG Will Come Down Heavily Against Those Who Have Made Attacks On Our Armed Forces A Habit

Following the gruesome murder of five soldiers who were on peace keeping mission in Aba, Abia State by gunmen suspected to be members of the proscribed Indigenous People of Biafra (IPOB), President Bola Tinubu has vowed that the federal government will come down heavily against those who have made it a habit of needlessly attacking the officers and men of Nigeria’s armed forces.

3. Nigerian Businesses Recorded Over N1tr Losses Between 2022-2023, Says NECA DG

Harsh operating climate cost organized private sector over N1tr cumulatively between 2022-2023, the Director-General of Nigeria’s Employers’ Consultative Association (NECA) Mr Adewale-Smatt Oyerinde has disclosed.

4. Strike:  Fuel Scarcity Looms As Nigerian Petroleum Workers Close Depots, Filling Stations on Monday 

Nkeiruka Onyejoecha, the minister of state for labor and employment, has pleaded with the Nigeria Labour Congress (NLC) to call off their impending walkout over minimum wage discussions.

5. Shocker! Abuja Disco To Disconnect Police Headquarters, Army Barracks, Others Over Debt

A list of 25 clients with overdue electricity bills is available from the Abuja Electricity Distribution Company.

6. After 27 months, Abba Kyari was released from Kuje prison

After being detained for 27 months, suspended Deputy Commissioner of Police Abba Kyari was freed from the Kuje Custodial Centre in Abuja.

7. I refuse to go back to the previous national anthem, says Oby Ezekwesili

Former Education Minister Obiageli Ezekwesili has reiterated her opposition to the new national anthem that President Bola Tinubu has signed into law.

8. ICPC To Charge Four REA Staff For N1 Billion Agency Fraud.

In connection with an alleged N1,066,000,000,000 energy project oversight scam, four employees of the Rural Electrification Agency (REA) will be charged by the Independent Corrupt Practices and Other Related Offenses Commission (ICPC).

9. Strike:  Fuel Scarcity Looms As Nigerian Petroleum Workers Close Depots, Filling Stations on Monday 

Nkeiruka Onyejoecha, the minister of state for labor and employment, has pleaded with the Nigeria Labour Congress (NLC) to call off their impending walkout over minimum wage discussions.

10. Real Madrid Win 15th Champions League Title, Punish Wasteful Dortmund  

After a flurry of goals from Borussia Dortmund, Real Madrid held on to win the Champions League for the fifteenth time on Saturday at Wembley thanks to goals from Dani Carvajal and Vinicius Junior in the closing moments.

READ FULL STORIES ON: www.matrixngr.com

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

1. New Minimum Wage: Labour Talks Tough

Declares Indefinite Strike From Monday
We Cannot, Will Not Accept Any Further Delays Or Excuses
FG Failed To Address Any Of Our Demands

After a series of negotiations, organized labour, comprising the Nigeria Labour Congress (NLC), Trade Union Congress (TUC) and other affiliated bodies on Friday declared a national industrial action to commence on Monday, June 3, 2024. 

2. Soldiers’ Killing: Atiku, Obi Finally Break Silence

Escalating Insecurity, Violence Has Continued To Plague Our Nation Under Our Collective Watch-Obi

Amid backlash from Nigerians over their stoic silence over the gruesome murder of five soldiers and six civilians in Abia State on Thursday, May 30, 2024, the presidential candidate of the Labour Party (LP) in last year’s general elections Peter Obi and his Peoples Democratic Party (PDP) counterpart, Atiku Abubakar, have finally broken their silence on the incident.

3. Soldiers’ Killing: Atiku, Obi Finally Break Silence

Escalating Insecurity, Violence Has Continued To Plague Our Nation Under Our Collective Watch-Obi

Amid backlash from Nigerians over their stoic silence over the gruesome murder of five soldiers and six civilians in Abia State on Thursday, May 30, 2024, the presidential candidate of the Labour Party (LP) in last year’s general elections Peter Obi and his Peoples Democratic Party (PDP) counterpart, Atiku Abubakar, have finally broken their silence on the incident.

4. NNPCL, ExxonMobil Sign Agreement on $1.28 Billion Asset Divestment Deal

The Nigerian National Petroleum Company Limited on Thursday announced the signing of a settlement agreement facilitating the divestment of ExxonMobil’s stake in Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy Plc.

5. After Public Spat, Don Jazzy Appreciates Wizkid For Endorsing Ayra Starr’s New Album

A few weeks after engaging in a public spat, Don Jazzy, the music producer, has appreciated Wizkid for endorsing the latest album of Ayra Starr, the Mavin Records signee.

6. Identities Of Soldiers Gunned Down By IPOB Terrorists Revealed

Identities of the soldiers who were  gruesomely murdered in Abia State by members of the Indigenous People of Biafra (IPOB) have emerged.

7.  Sanusi, Bayero Hold Parallel Friday Prayers in Kano Amid Battle For Emir’s Throne

The Kano State police command has commended residents for their peaceful behaviour as Emirs Muhammad Sanusi II and Aminu Bayero presided over Friday prayers simultaneously in Kano.

8. Nigerian Weightlifters Ready to Shine at Paris 2024 Olympics, says NWF President

Ibrahim Abdul, the Nigeria Weightlifting Federation (NWF) president, said on Friday that the federation will make the country proud at the upcoming Olympic Games in Paris 2024 in France.


9. States Banning Alcohol Shouldn’t Get VAT On Beer – Ex-Minister
Professor Isaac Adewole, a former Minister of Health and former Vice-Chancellor of the University of Ibadan, has advocated for the implementation of fiscal federalism in Nigeria.

10. Court Admits Erisco Tomato Paste Critic to N5 Million Bail

The Abuja Division of the Federal High Court on Friday admitted Chioma Okoli to N5 million bail with two sureties in like sum over allegations relating to her online comments on Erisco Foods Limited’s tomato paste.

READ FULL STORIES ON: www.matrixngr.com

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

1. One Year Anniversary: Tinubu’s Scorecard Unveiled

* Fuel Subsidy Removal Halved Petrol Importation, Increased FAAC Allocation
* $7b FX Backlog Clearance Tops List Of Achievement
* Launching Of N100b CNG Bus Rollout Programme To Mitigate Effect Of Subsidy Removal

On Wednesday, May 29, 2024, President Bola Ahmed Tinubu celebrated his first-year anniversary as president of Africa’s most populous nation amid economic hardship experienced by Nigerians.

2. Hush Money Trial: Trump Found Guilty On All 34 Counts

* To Be Sentenced July 11, "This Is Far From Over" Former President Kicks

Former US President, Donald Trump has been found guilty on all 34 counts of falsifying business records in the hush money trial he is facing.

3. FG Moves To Cushion Effects Of Subsidy Removal With Commissioning Of 5.2 mmscfd CNG Plant In Lagos

In its continued efforts to provide alternative sources of fuel for Nigerians and lessen the impact of subsidy removal on petrol, the Federal Government has commissioned a 5.2 million standard cubic feet per day (mmscfd) Compressed Natural Gas (CNG) plant in Lagos.

4. Silence Of The Graveyard! Nigerian Army, Police Fail To Address Killing Of Soldiers In Abia

In what can be termed as a silence of the graveyard, the Nigerian Army and the Nigerian Police Force (NPF) has kept mum on the reported killing of soldiers in Obikabia Junction, Ogbor Hill area, Aba, Abia State several hours after the video of the incident went viral.

5. Relief Impending As Tax Reform Committee Tasks FG To Peg Customs Import Duty Rate At N800/$1

Importers in the Nigerian business ecosystem might soon breathe a sigh of relief as the presidential committee on fiscal policy and tax reforms disclosed that it has proposed that the federal government peg an exchange rate of N800/$1 for customs import duty.

6. Over 60,000 Federal Universities Students Have Applied For Loan, Says NELFUND

* Application For State-Owned Varsities To Be Opened In 3 Weeks

Over 60,000 students from federal universities in Nigeria have applied for the student loan scheme since its launch, The Matrix has gathered.

7. Ahead Of Deadline, Labour, FG, OPS To Resume Minimum Wage Negotiations Friday

With the deadline imposed by the organized labour for the conclusion of discussion on a new minimum wage lapsing tomorrow, the Tripartite Committee meeting on the new minimum wage will reconvene on Friday, May 31, 2024, as the Federal Government has extended an invitation to Organised Labour for the continuation of negotiations.

8. Supreme Court Issues Seven Days Ultimatum To States To File Defence In LG Autonomy Suit

The Supreme Court of Nigeria has issued a seven-day ultimatum to the 36 State Governors to file their respective defence to a suit instituted against them by the Federal Government.

9. After Launch, Davido's New Cryptocurrency Token Lost 93% Of Its Value.

The popular Afrobeat artist from Nigeria, David Adeleke, often known as Davido, announced on Wednesday the creation of a memecoin, a cryptocurrency inspired by himself.

10. Enzo Maresca Agrees Five-Year Deal To Become Chelsea’s Head Coach

Enzo Maresca has agreed terms on a five-year deal with Chelsea to become their new head coach.

READ MORE STORIES ON: www.matrixngr.com

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

1. Nigeria We Hail Thee: Knocks, Kudos Greet Return To Old National Anthem

* Why I Signed Bill To Revert To Old National Anthem- Tinubu
* Akpabio, Others Hail Development, Ezekwesili, Omokri Kick As #NotMyNationalAnthem Trends
* We Should Also Change Nigeria’s Name, Flag- Ozekhome

The decision of President Bola Ahmed Tinubu to sign the bill seeking to revert to the old national anthem has been greeted with knocks and kudos from Nigerians. READ MORE

2. One Year In Office: Mixed Reactions Trail Tinubu’s Performance

* Economic Policies Painful, But Necessary- Experts
* Experts Score Tinubu Below Average On Security

As President Bola Ahmed Tinubu celebrated his first-year anniversary in office, Nigerians are divided about his performance. READ MORE

3. CIBN, CPPE Fault Proposal To Amend CBN Act, Say It Will Undermine Apex Bank’s Autonomy

The Chartered Institute of Bankers of Nigeria (CIBN) and the Centre for the Promotion of Private Enterprise (CPPE) have faulted the proposed amendments to the Central Bank of Nigeria (CBN) Act. READ MORE

4. Tinubu Declares Free Ride of Abuja Light Rail Until December

President Bola Tinubu has declared that commuters will be able to travel for free on the newly introduced Abuja Rail Transport System until December 31st. READ MORE

5. House of Representatives Set to Probe CBN Layoff of 600 Staff

The House of Representatives has directed its Committee on Banking and Currency and Federal Character to investigate the recent mass layoff of approximately 600 Central Bank of Nigeria (CBN) employees. This decision was made in response to a motion brought by Hon. Jonathan Gbefwi Gaza (SDP, Nasarawa) during a plenary session. READ MORE

6. "A man is not required to be responsible for you until he has married you," BBNaija Doyin informs women

Reality sensation Doyinsola Anuoluwapo from Big Brother Naija David, better known by his stage name Doyin, has counseled women to wait until marriage to inherit their spouses' wealth. READ MORE

7. Dangote refinery plans dual listing on both the NGX and the London Stock Exchange 

A senior official declared on Tuesday that the Dangote refinery in Nigeria intends to float on both the Nigerian and London stock markets simultaneously. READ MORE

8. Tinubu To Present 2024 Supplementary Budget To NASS Soon

President Bola Tinubu has disclosed that plans are in the pipelines to present the 2024 Supplementary Budget to the National Assembly (NASS) soon. READ MORE

9. Bayern Munich Appoint Vincent Kompany As New Head Coach

Bayern Munich have announced the appointment of Burnley boss Vincent Kompany as their new head coach on a three-year deal. READ MORE

10. Tinubu Charges Nigerians To Rebuild Nigeria, Says No Amount Of Foreign Aid Will Help Us

President Bola Tinubu has charged Nigerians with the task of rebuilding Nigeria saying no amount of foreign aid will help Nigeria unless citizens unite to build the country. READ MORE


READ FULL STORIES ON: www.matrixngr.com

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

1. Tinubu’s One Year Anniversary: APC, Atiku Disagree

* Tinubu’s Promise To Revive Economy Unfulfilled– Atiku
* You’re Willfully Blinded To Tinubu’s Achievements- APC Fires Atiku
* Buhari Appeals To Nigerians To Give Tinubu More Time

As President Bola Ahmed Tinubu celebrates his one year in office, former Vice President Atiku Abubakar and the All-Progressives Congress (APC), the president’s party have disagreed over the president’s achievement.

2. Tinubu To Address Joint N’ Assembly; Confusion Hits President’s Camp

 * Onanuga, Ngelale Issue Conflicting Statement

Events lined up to celebrate the one-year anniversary of President Bola Ahmed Tinubu’s administration in office have triggered confusion from the camp of the president as two key members of the president’s team have issued conflicting statements.

3. Tinubu Assures Of FG’s Determination To Resolve Issues Delaying Seplat, Exxonmobil Deal

President Bola Tinubu has reiterated the resolve of his administration to resolve the ongoing imbroglio surrounding the divestment issue delaying the Seplat and ExxonMobil deal.

4. One Year Anniversary: LP Lawmakers Fire Tinubu, Say Nigeria’s Economy In Freefall

As President Tinubu marks his first year in office, the Labour Party, LP, Caucus in the House of Representatives, on Tuesday, said Nigeria’s economy has “dangerously continued” in a free fall since President Bola Tinubu assumed office one year ago.

5. Kano Emirship Tussle: Conflicting Court Orders Unsettle Emirate As Bayero Stays Put

The Kano Emirate emirship tussle is assuming more worrisome development as both the Federal High Court and the Kano State High Court have issued conflicting interim injunctions regarding the Kano Emirate.

6. Amid Link With Man Utd Managerial Job, Southgate Focused On Leading England At Euros

Gareth Southgate has been sounded out about the possibility of becoming Manchester United manager one day – but he has no interest in engaging in any conversation that was not about his job as England manager.

7. N3.7tr Budget Padding Allegation: Senate Recalls Suspended Senator Abdul Ningi

The Senate, Tuesday pardoned and recalled Senator Abdul Ahmed Ningi, who was suspended on March 12, 2024.

8. How I got to know my Husband, Veekee James

Well-known fashion designer Veekee James has shared details about how she got to know Femi Atere, her spouse.

9. New Minimum Wage: Meeting Deadlocked As Labour Rejects FG’s Fresh ₦60,000 Offer

The latest rounds of negotiation between the Federal Government and organized labour comprising the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) has ended in a deadlock as the organised labour has again rejected a fresh minimum wage proposal by the Federal Government.

10. How Nigerian Banks Can Compete With Fintechs- Frances Fadipe, Former HSBC Banker

A former HSBC banker and currently Program Management Consultant, Frances Fadipe has given an expert view on that current Nigerian banking situation and how traditional banks can compete with increasing fintechs in the country.


READ MORE STORIES ON: www.matrixngr.com

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

1. PDP-LP Merger Talk: Dead On Arrival

* Why Atiku, Obi Merger Talks Might Not Work- Ex- Reps Member
* Obi Will Not Be Involved In A Merger That Is Only Seeking Power- Tanko
* Says Any Merger Between Obi And Others Will Be Subjected To Scrutiny

As political maneuvering and scheming ahead of the 2027 General Election begin to gather momentum, indications have emerged that a possible merger between the Peoples Democratic Party (PDP) and Labour Party (LP) might be dead on arrival.

2. Kano Emirship Tussle: Court Bars Bayero From Parading Self As Emir

* Orders Police To Evict Him From Palace

The Emirship tussle saga rocking Kano Emirate is assuming a more worrisome dimension each day as a Kano High Court has ordered the deposed Emir Aminu Ado Bayero to cease parading from himself as the 15th Emir of Kano.

3. Ebenezer Onyeagwu Caps A Stellar Tenure With Banking CEO Of The Year In Africa In The International Banker Awards 2024 For The Second Consecutive Year

The Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, has been named the ‘Best Banking CEO of the Year in Africa’ at the International Banker 2024 Banking Awards, retaining this title for the second consecutive year. This award, published in the Spring 2024

4. Nigeria Air Project Fraudulent, Remains Suspended Indefinitely, Says Keyamo

The Minister of Aviation and Aerospace Development, Festus Keyamo, has disclosed that the Nigeria Air project by the ex-president Muhammadu Buhari-led administration as a fraud and it remains suspended “indefinitely” because of an ongoing criminal investigation.

5. Bayelsa Guber Poll: Sylva Kicks Against Tribunal’s Verdict, Heads To Appeal Court

Timipre Sylva, the governorship candidate of the All-Progressives Congress (APC) in Bayelsa State Timipre Sylva, has rejected the Bayelsa State Governorship Election Tribunal judgement which upheld the election of Douye Diri as the state’s governor.

6. Bayelsa: Tribunal Affirms Diri’s Victory, Throws Out APC’s Petition

For lacking in merit, the Bayelsa Governorship Election Petition Tribunal has thrown out the petition filed by the All-Progressives Congress (APC) and its candidate Timipre Sylva.

7. Children’s Day: No Effort Will Be Spared In Securing Nigeria’s Future-Tinubu

President Bola Tinubu has disclosed that his administration will spare no effort in ensuring that Nigeria’s children have a solid footing for the realization of their dreams.

8. Kogi: Tribunal Upholds Ododo’s Victory, Throws Out Ajaka’s Petition

Murtala Ajaka, the Social Democratic Party (SDP) governorship candidate in Kogi State, has lost at the state Election Petition Tribunal sitting in Abuja.

9. Aribo Returns To English Premier League With Southampton

Nigeria’s Joe Aribo returned to the English Premier League (EPL) as Adam Armstrong's first-half goal proved to be the difference in the Sky Bet Championship play-off final on Sunday with Southampton beating Leeds 1-0 in the play-off final.

10. Chelsea Given Permission By Leicester To Speak To Enzo Maresca

Chelsea have been given permission by Leicester to speak to their head coach Enzo Maresca over succeeding Mauricio Pochettino at Stamford Bridge.

READ FULL STORIES ON: www.matrixngr.com

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

1. Kano Emirship Tussle: Protests Erupt

 * It Is A Political Move To Undermine Our Traditional Institutions-Protesters
* NSA Threatens To Sue Kano Deputy Gov Over Defamatory Comments
* I Have No Plan To Challenge My Removal-Deposed Emir Of Gaya Speaks

The Emirship tussle in Kano State is fast assuming a worrisome dimension as protests have broken out in different parts of the ancient city.

2. Amid Criticism, Tinubu Flags Off Construction Of Lagos-Calabar Road

* “It’s My Bragging Day, We Will Complete This Road-Tinubu

Amid scathing criticism, President Bola Tinubu on Sunday flagged off the construction of the 700km Lagos-Calabar Coastal Highway.

3. Implementation Of Subsidy Removal, Exchange Rate Unification Faulty, Obasanjo Bombs Tinubu

Former President Olusegun Obasanjo has described the implementation of President Bola Tinubu’s twin policies of fuel subsidy removal and the unification of the exchange rate as faulty.

4. Death Toll In Lagos Mosque’s Collapse Hits Three, Seven Injured

The death toll in a mosque collapse that took place in the Papa Ajao area of Lagos has risen to three while seven have been left injured.

5. Tinubu Drags 36 Governors To Supreme Court, Seeks Full Autonomy For LGAs

The President Bola Ahmed Tinubu’s led-Federal Government has sued the governors of the 36 states of the federation at the Supreme Court over alleged misconduct in the administration of Local Government Areas.

6. Maritime Security: House Committee Seeks Alternate Funding For Deep Blue Project.

The House Committee on Maritime Safety, Education and Administration, has called for seeking alternate sources of funding for the Federal Government Integrated National Security and Waterways Protection Infrastructure Project, also known as the Deep Blue Project, which is domiciled under the Federal Ministry of Marine and Blue Economy and currently funded by the Nigerian Maritime Administration and Safety Agency, NIMASA.

7. Tinubu Mourns Former EFCC Chairman, Ibrahim Lamorde

President Bola Tinubu has joined other Nigerians in mourning Mr Ibrahim Lamorde, former chairman of the Economic and Financial Crimes Commission, EFCC, who passed away at the age of 61.

8. $240 Million Would Be Invested By Brazilian Company To Construct A Generic Manufacturing Unit In Nigeria — FG

News making round is that about $240 million has been promised by a Brazilian organization to build a generic manufacturing facility in Nigeria.

9.  I have avoided scandals because I don't use social media.Linda Suleiman Ejiofor

With her unblemished record in the film business, star actress Linda Ejiofor-Suleiman is a breath of fresh air in a time when westernization's harmful impact is eroding family values. Her ability to manage her profession while propelling herself to fame on social media and her strong sense of family values are the two keys to her success.

10. Aribo Returns To English Premier League With Southampton

Nigeria’s Joe Aribo returned to the English Premier League (EPL) as Adam Armstrong's first-half goal proved to be the difference in the Sky Bet Championship play-off final on Sunday with Southampton beating Leeds 1-0 in the play-off final.


READ FULL STORIES ON: www.matrixngr.com

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

1. Kano Emirship Tussle: Clash Of Titans
[/b]
* Police Moves in to impliment Court Rulings
* Sanusi Moves to Emir's Private  Residence 
* Tinubu  Resisted Pressure to Intefere with my Reinstatement- Sanusi
* You Instigated Kano Emir Crisis-Atiku to Tinubu

The struggle for the Kano emirship continues as Aminu Ado Bayero and Lamido Sanusi both claim the title, each operating from separate palaces in Kano city.

[b]2. Labour Party Crisis: Abure Suspended From Office  Over Fraud

* Suspension Ratified by  State Executive Committee 
* This  cannot stand as is against LP Constitution-Obiora

The Labour Party in Edo State has suspended the party’s national chairman, Julius Abure on allegations of misconduct, fraud, and disloyalty

3. Tinubu Arrives Lagos, To Flag Off Lagos-Calabar  Highway Project

President Bola Tinubu has arrived  in Lagos State with great anticipation, ready to mark the inauguration of the colossal Lagos-Calabar Superhighway, a project carrying a hefty price tag of approximately N15 trillion.

4. World Cup Qualifier: Super Eagles coach Finidi invites Lookman, Osimhen for Bafana, Cheetahs

Rave of the moment, Ademola Lookman and African Player of the Year, Victor Osimhen, are among the 23 Super Eagles players invited for the 2026 FIFA World Cup qualifying matches by coach Finidi George

5. FG Reveals Legal framework governing land survey plans in Nigeria

A Deed of Assignment, Land Survey Plan, Tax Clearance, Current Land Use, and Locational Sketch are essential documents for the land to be recognized as yours.

6. Home Delivery Of Passports To Start In June - Minister

The Federal Government has promised that starting in June, passports will be delivered to homes, eliminating the need for Nigerians to visit immigration offices in order to obtain one.

7. Governors, APC N/Central Stakeholders, and SSGF Akume To Discuss Ganduje’s Leadership

The All Progressives Congress (APC) will hold an important conference on Saturday in Lafia, Nasarawa State, with the goal of resolving the ongoing internal crisis of the party.

8. Fuel Tanker Explodes On Lagos -Ibadan Expressway In Ogun

 A petrol tanker detonated outside of the Lagos-Ibadan Expressway in the Ibafo neighborhood of Ogun State's Obafemi Owode Local Government Area (LGA).

9. ICAN Labels Electricity Tariff Increase Burden On Nigerian Citizens, Calls For Its Suspension

The federal government has been urged by the Institute of Chartered Accountants of Nigeria (ICAN) to halt the rise in electricity bill for Band A users, characterizing it as an extra financial burden on the general public. The institute's president, Innocent Okwuosa, made this announcement in a press release on Thursday.

10.  FG Moves To Boost Export With ECOWAS Trade Treaty

The federal government has called on Nigerian businesses and manufacturers to use the ECOWAS Trade Liberalism Scheme (ETLS) treaty to boost the country’s export basket.

READ FULL STORIES ON: www.matrixngr.com

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

1. One Year Anniversary: Tinubu Talks Tough

* One Year After, It's Been Challenging, But Fulfilling-Tinubu
* My Administration Will Leave Lasting Legacy Of Prosperity To Future Generations
* Says Nigeria Now Moving Towards Prosperity

As President Bola Ahmed Tinubu prepares to mark his first anniversary in office as Nigeria’s president in a couple of days, he has disclosed that the past 12 months have been fulfilling for his administration despite the presence of some challenges that are being addressed frontally. 

2. Return Of Emir Muhammadu Sanusi II

* Amid Protests, Sanusi Describes Reinstatement As Will Of God

Four years after he was dethroned and banished, The Emir of Kano, Muhammadu Sanusi II, Friday, May 24, 2024 described his reinstatement as God’s will, while expressing gratitude to the state government for the “rescue mission”.

3. Cardoso Assures Nigerians, Says Pains Of Ongoing Monetary, Fiscal Reforms Will Be Short-Lived

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), has assured Nigerians that the pains caused by ongoing monetary and fiscal reforms will soon be over if Nigerians remain focused on supporting the policies.

4. Nigeria’s Power Generation Hits 5,000MW In May, Says Power Minister, Adelabu

Nigeria’s electricity generation hit about 5,000 Mega Watts in May 2024, marking a significant improvement over previous levels, the Minister of Power, Adebayo Adelabu has disclosed.

5. How I Outsmarted APC NWC To Deliver Tinubu As President, Omisore Boasted

Iyiola Omisore, immediate-past national secretary of the All Progressives Congress (APC), has boasted on how he outsmarted the National Working Committee of the party to work for President Bola Tinubu to become the party’s presidential candidate.

6. Tribunal Upholds Uzodimma’s Election As Imo Gov, Dismisses LP’s Petition

The Imo State Governorship Election Petitions Tribunal on Friday upheld the election victory of Hope Uzodimma as Imo State Governor.

7. Nigeria’s Economic Growth Rate Dropped To 2.98% In Q1 2024- NBS

The National Bureau of Statistics (NBS) has disclosed that Nigeria’s gross domestic product (GDP) the tool used to measure economic growth dropped to 2.98 percent in the first quarter (Q1) of 2024 from 3.46% recorded in the last quarter of 2023.

8.Court Orders Forfeiture Of $4.7m, N830m, Other Properties Recovered From Emefiele

The Federal High Court sitting in Lagos has ordered an interim forfeiture of some cash amounts of money and several properties linked to a former governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele.

9. Barcelona Sack Head Coach Xavi, Hansi Flick Tipped As Replacement

Barcelona have sacked head coach Xavi after three years in the role, with former Bayern Munich and Germany boss Hansi Flick primed to replace him.

10. King Charles Hosts DJ Cuppy, Appoints Her Ambassador

King Charles III on Friday hosted Florence Otedola, the Nigerian disc jockey popularly called DJ Cuppy, in London.

READ FULL STORIES ON: www.matrixngr.com

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

1. Kano’s Games Of Thrones: Yusuf Floors Ganduje

* How Sanusi Was Returned As Emir Of Kano
* Emir Ado Bayero, Four Others Issued 48-Hours Ultimatum To Vacate Their Palaces
* BGov Yusuf Says Kano State Is Now Under One Emirate

Muhammadu Sanusi II, Thursday, May 23, 2024 was reinstated as the Emir of Kano sparking moves only replicated in the hugely popular Game of Thrones, an American fantasy drama television series created by David Benioff and D. B. Weiss for HBO.

2. Tax: Shettima Talks Tough

* Says FG Committed To Increasing Collection Efficiency

Vice President Kashim Shettima has disclosed that the Administration of President Bola Tinubu is targeting to increase the efficiency of tax collection in the country.

3. AfDB Invests $1.44 Billion To Support Infrastructure Development In Nigeria

The African Development Bank has invested $1.44 billion to support the development of energy and power, transport, water, and sanitation infrastructure in Nigeria.

4. Senate To Set Up Committee To Probe 11,856 Abandoned Projects By FG

The senate has moved to set up an ad hoc committee to probe projects abandoned across Nigeria by the federal government since independence in 1960.

5. Misplaced Priorities! Nigerians Vent As Reps Pass Bill To Revert To Old Anthem, “Nigeria We Hail Thee”

The passage of a bill by the House of Representatives to adopt the old National Anthem Nigeria We Hail Thee has drawn strong criticism from Nigerians.

6. N19.4 Billion Fraud: Sirika, Brother Prohibited From Leaving Nigeria Without Authorization, Receives N200 Million In New Bail

In relation to new fraud-related allegations brought before a Federal Capital Territory High Court in Garki, Abuja, by the Economic and Financial Crimes Commission (EFCC), former Minister of Aviation Hadi Sirika and his brother Ahmad have been granted N200 million naira bail.

7. FG Expects $10 Billion In Deep Offshore Investment In Few Weeks- Minister

Mr Heineken Lokpobiri, the minister of state for petroleum resources, has said that the federal government anticipates receiving a $10 billion investment in deep offshore projects "in the next few weeks" from a major international oil business.

8. Tinubu, Seven Other African Leaders Attend Déby’s Inauguration As Chad’s President

No fewer than eight African presidents including Nigerian President Bola Ahmed Tinubu was in attendance as General Mahamat Idriss Deby Itno, who has led Chad’s military junta for three years, was sworn in as president on Thursday after an election victory contested by the opposition.

9. EPL: Maresca, McKenna, Frank Top List Of Chelsea Managerial Shortlist

Chelsea have drawn up an early shortlist of managerial options, which includes Ipswich Town’s Kieran McKenna, Leicester City’s Enzo Maresca and Brentford’s Thomas Frank.

10. Banky W Survives Cancer In Fourth Surgery

Olubankole Wellington, professionally known as Banky W, is a well-known Nigerian musician who just underwent a successful fourth cancer operation.

READ MORE STORIES ON: www.matrixngr.com

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

1. New Minimum Wage: FG, Labour Negotiation Deadlocked

* Labour Backs Down, Reduces Demand To ₦497,000
* Rejects FG’s Fresh ₦57,000 Wage Proposal
* Ahead Of Ultimatum, Soludo Sets Up Committee On Minimum Wage, Others

The ongoing negotiation between the Federal Government and Orgainised Labour comprising the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) is currently deadlocked as both sides are yet to come to an agreement. READ MORE

2. Crisis Rocks Cross Rivers Assembly

* Police Take Over Assembly, As Ayambem Fights Impeachment

The Cross River State House Of Assembly is currently embroiled in a crisis which had led to the deployment of some police officers to the assembly complex “to forestall a breakdown of law and order”. READ MORE

3. Underinvestment Responsible For Nigeria’s Dwindling Oil Production Output-FG

The Federal Government has blamed Nigeria’s dwindling oil production output on underinvestment in the sector. READ MORE

4. Tinubu To Attend Inauguration Of Mahamat Déby As Chad's President Thursday

President Bola Tinubu will depart Abuja, Thursday, May 23, 2024 to attend the inauguration of Mahamat Déby as the president of Chad. READ MORE

5. Tinubu Reassigns Woke As NOSDRA CEO, Appoints Ashiru As Ogun-Osun River Basin MD

A few weeks after President Bola Ahmed Tinubu named Chukwuemeka Woke as the managing director of the Ogun-Osun River Basin Development Authority (OORBDA), the President has reassigned him as the Chief Executive Officer (CEO) of the National Oil Spill Detection and Response Agency (NOSDRA). READ MORE

6. Nigeria’s Lookman Scores Hattrick To Guide Atalanta To Europa League's Victory

Ademola Lookman scored a sensational hat-trick as Atalanta ended a 61-year trophy drought while devastating Bayer Leverkusen’s dream of an unbeaten season in the Europa League final at a boisterous Aviva Stadium. READ MORE

7. Tinubu Names Shehu Mohammed As New FRSC Corps Marshal, Biu Out

President Bola Tinubu has named Shehu Mohammed as the Corps Marshal of the Federal Road Safety Commission (FRSC). READ MORE

8. Court Grants Disgraced Cop, Abba Kyari Two-Week Bail For Mother’s Burial Rites

An Abuja Federal High Court has granted disgraced former Commander of Force Intelligence Response Team (IRT), DCP, Abba Kyari two weeks bail. READ MORE

9. ‘Diddy’ Accused Of Sexually Assaulting Model In New Lawsuit

The American musician Sean "Diddy" Combs is facing mounting criticism for the way he treats women, and now a new lawsuit alleging sexual assault has been brought against him. READ MORE

10. Experts Brainstorm On Guidelines for fintechs in Nigeria

The rules regulating fintechs, according to experts, are outdated and out of step with modern society. READ MORE

READ MORE STORIES: www.matrixngr.com

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

1. New Minimum Wage: FG, Organised Labour To Continue Negotiation

* N54k Offer Very Unsubstantial, Labour Fumes
* Negotiation May Continue On Wednesday
* Organised Labour Insists On May 31 Ultimatum

 There is no headway yet in the ongoing negotiation between the Federal Government and Organised Labour comprising the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) regarding a new minimum wage for Nigerian workers.

2. Worsening Economic Conditions: ACF Blames FG

* Policies Put In Place By Govt Immediate Causes Of Problems

In a scathing condemnation of the policies put in place by the Federal Government in recent times, the National Executive Committee (NEC) of the Arewa Consultative Forum (ACF) has identified several reasons for the worsening economic conditions experienced by Nigerians.

3. Nigeria, Saudi Arabia To Resume Joint Cargo Flights In Scramble For $6 Trillion Market-Keyamo

Following years of inactivity, freight flight operations between Nigeria and Saudi Arabia are expected to restart, according to Minister of Aviation and Aerospace Development Festus Keyamo.

4. Treasonable Felony Case: ‘You Have No Jurisdiction To Try Nnamdi Kanu’, Lawyers Files Preliminary Objection

Lawyers to the detained leader of the indigenous people of Biafra, Nnamdi Kanu, have filed a Preliminary Objection at the Federal High Court Abuja, asking the trial judge, Justice Binta Nyako, to decline jurisdiction to proceed with the trial against him.

5. Peter Obi’s Staunch Supporter, Kenneth Okonkwo Dumps "Incompetent, Corrupt" Labour Party

A staunch supporter of Peter Obi, the 2023 Presidential Candidate of the Labour Party, Nollywood actor cum politician, Kenneth Okonkwo, has announced he is suspending his relationship with the Julius Abure-led National Working Committee of the party.

6. 2027: Atiku, Obi, United By Mutual Desperation, Says APC

The All-Progressives Congress (APC) has described the recent meeting between the presidential candidate of the Labour Party (LP) in the 2023 general elections, Peter Obi, and his Peoples Democratic Party (PDP) counterpart, Alhaji Atiku Abubakar as a show of mutual desperation to be president.

7. Senate to Call National Summit Regarding Farmers' and Herders' Conflict

The Senate has passed a resolution that would direct the upper house in passing the required laws on the subject. The resolution calls for organizing a national conference with farmers and stakeholders to discuss the conflict between farmers and herders about grazing.

8. Amid Inflation, CBN Raises Interest Rate To 26.25 %

The interest rate was increased by 150 basis points from 24.75% to 26.25% by the Central Bank of Nigeria (CBN).

9. AMVCA 10: A Night Of Glamour, Glitz

Expectations were high for the 10th edition of the Africa Magic Viewers Choice Awards, which proved to be an amazing three-day event with a star-studded lineup.

10. EPL: Chelsea Confirm Pochettino's Exit After One Season In Charge

 Mauricio Pochettino has left Chelsea by mutual consent after just one season in charge.

READ FULL STORIES ON: www.matrixngr.com

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

1. New Minimum Wage: Labour Talks Tough

* Mobilises Members For Strike In Anambra If Demands Are Not Met By Thursday
* Emphasizes Non-Negotiable Nature Of Demands Put Forth By Labour
* Hiking Electricity Tariff Without Consideration Was Unjust And Burdensome

The Organised Labour comprising the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) and other affiliated bodies are unrelenting in their demands from the federal government regarding a new minimum wage for Nigerian workers.

2. President Ebrahim Raisi’s Death: World Leaders React

* He Had Lot Of Blood On His Hands- US

World leaders have continued to express their condolences on the death of Iranian President Ebrahim Raisi in a helicopter crash.

3. Total Energies CEO Reveals Why Angola Was Chosen Over Nigeria for $6 billion Energy Project 

Patrick Pouyanne, the CEO of TotalEnergies, has given an explanation for the company's decision to invest a staggering $6 billion in energy projects in Angola rather than Nigeria.

4. UK Civil Aviation Authority, Air Peace Trade Words Over Alleged Safety Violations

The United Kingdom Civil Aviation Authority (UK CAA) is currently engaged in a war of words with Nigerian airline, Air Peace over alleged safety violations by the Nigerian airline.

5. N' Assembly's N10b Car Park, Recreational Facilities Budget: Obi Bombs FG, Says It’s Time To Stop Financial Indiscipline 

The decision of the Federal Government to budget the sum of N6 billion and N4 billion for the National Assembly car parks and recreational facilities, respectively has drawn the ire of the presidential candidate of the Labour Party, LP, Peter Obi.

6. River Crisis: Jonathan Wades In, Urges Fubara, Wike To Work Together

The ongoing political turmoil in Rivers State has gotten the attention of former president Goodluck Jonathan.

7. DMO Raises N4.9trn For Ways And Means Securitization

The Debt Management Office (DMO) has disclosed that it has raised N4.9 trillion out of the N7.3 trillion approved for Ways and Means securitisation.

8. 300% Salary Increase For Judicial Officers Gets AGF, Finance Minister’s Backing

The proposed 300% increase in the salaries and allowances of judicial officers in Nigeria has received the backing of the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), the Chief Justice of Nigeria, Justice Olukayode Ariwoola; the Minister of Finance and Coordinating Minister of the Economy, Wale Edun.

9. How I Ran Away From Home To Pursue My Acting Career- Doris Okorie

Only few knew that Doris Okorie escaped home to pursue acting carrer which she now wears many caps and performs excellently as an actress and radio personality.

10. EPL: Liverpool Confirm Arne Slot As Jurgen Klopp's Successor

Liverpool have confirmed Arne Slot as their new head coach.

READ FULL STORIES: www.matrixngr.com

The European Union's (EU) Rapid Alert System for Dangerous Non-Food Products (RAPEX) has recalled Caro White Skin Lightening Beauty Lotion.

The recall has been announced to the public by the National Agency for Food and Drug Administration and Control (NAFDAC).

This action is being taken because the product's high content of Kojic Acid exceeds the permitted maximum concentration of one percent, so making it in violation of the Cosmetic Products Regulation.

The EU Scientific Committee for Consumer Safety came to this finding (SCCS). Because of the high concentration of Kojic Acid, there are worries about the possible endocrine-disrupting effects of using it.

Read Also: https://matrixngr.com/2024/05/13/nafdac-uncovers-illegal-alcohol-factory-in-lagos-arrests-illicit-drink-manufacturer/

THE MATRIX reports that the average cost of Caro White skin lightening lotion in Nigeria stands at N8000

While the product is not listed in the NAFDAC database, the body advises importers, distributors, retailers, and consumers to exercise caution and vigilance regarding the product.

It recommended careful authentication of the product and assessment of its physical condition.

It says healthcare professionals and consumers are encouraged to promptly report any adverse events experienced through the use of the product to the nearest NAFDAC office. Reports can be submitted via email at pharmacovigilance@nafdac.gov.ng, through the E-reporting platforms accessible at www.nafdac.gov.ng, or via the Med-safety application.

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

1. State Of The Nation: Tinubu’s Government Under Fire

* President’s Economic Team Looks More Like Tax Collectors Than Economists-NEF Member
* Says ‘Renewed Hope Has Turned To Hopelessness’
* FG Must Be Considerate On Minimum Wage, Labour Must Be Reasonable- Anglican Primate

As President Bola Ahmed Tinubu prepares to celebrate his one year’s anniversary in office, his administration has come under scathing attack.

2. Missing President’s Chopper Crash: Anxiety Grows In Iran

* Ayatollah Khamenei Prays For Raisi’s Return

Anxiety is growing in Iran after search teams have yet to find the missing helicopter with Iranian President Ebrahim Raisi aboard.

3. Cybersecurity Levy: After FG’s Suspension, CBN Withdraws Circular
The Central Bank of Nigeria (CBN) has withdrawn its earlier circular directing banks to implement a controversial 0.5% cybersecurity levy on electronic transactions.

4. Tinubu Appoints Infracorp To Lead Nigeria’s Green Industrial City Project

President Bola Tinubu has approved the appointment of the Infrastructure Corporation of Nigeria (InfraCorp) as the Lead Arranger and Developer of Evergreen City, Nigeria’s green industrial zone.

5. EFCC Convicts 31 Kano Residents in Three Months Over Naira Abuse

Economic and Financial Crimes Commission (EFCC), reavealed among other connected infractions, 31 Kano State citizens have been found guilty of abusing Naira. In a statement that was posted on its website on Saturday, May 18, 2024, the EFCC made this revelation. The convictions, according to the anti-graft agency, demonstrate that it is upholding pertinent legal regulations

6. SERAP Sues 36 Governors, Wike ‘Over Failure To Account For Trillion Of FAAC Allocations’

The Socio-Economic Rights and Accountability Project (SERAP) has sued the 36 state governors and the Minister of the Federal Capital Territory, (FCT) Minister, Nyesom Wike, over their failure to account for the spending of trillions of Federation Account Allocation Committee FAAC allocations collected by their states and the FCT since 1999.”

7. IMF Advises Nigeria, Other African Over Import Restrictions

The International Monetary Fund (IMF) has said that the difficulty of import restrictions in Nigeria and other African nations makes conducting business more difficult.

8. NNPP Fingers INEC Of Partiality In Its Internal Crisis

The New Nigeria Peoples Party (NNPP) on Sunday accused INEC of undue interference and taking sides in the party’s internal leadership crisis.

9. Man City Win Record Fourth EPL Title In A Row, Arsenal Heartbroken

Imperious Manchester City beat West Ham at Etihad Stadium to become the first team to win the English league title four seasons in a row.

10. Kenny Adepoju, Opens Up On Yoruba Movie Industry

"Iyawo Osun" is the common moniker for Kenny Adeyoju in the Yoruba film business. In addition to being a wife and mother, she has produced over eight films, including "Temilola," "Osunwande," "IyawoOsun," "Wahala Promax," "Mr. and Mrs. Promax," and "Iya Ijebu." Kenny is a gifted actress with youthful, light complexion and a voluptuous figure.

READ MORE STORIES: www.matrixngr.com[b][/b]

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

1. 2027: Reactions  Trail  Atiku's Planned Support  For Obi 

*  Merger Of Labour Party and PDP not Ruled Out
* It’s a Big Threat to APC -Analyst
*  Nothing to Worry About — Ex-APC chair 

There have been a lot of reactions to the planned  moves  by former Vice Presisident ,Alhaji Atiku  Abubakar to support the Candidate of  Labour party in 2023 Presidential election,Peter Obi   and this  has raised concerns among some leaders of the All Progressives Congress (APC) ahead of the 2027 electioneering circle.

2. EFCC Officially Hands Over $22k Recovered From Convicted Fraudster To FBI

The Federal Bureau of Investigations (FBI) has received almost $22,000 that was seized from online fraudster Hakeem Olanrewaju, who was found guilty, according to the Economic and Financial Crimes Commission (EFCC).

3. Nigeria Will Stop Importation of Petrol Next Month - Dangote

The Chairman of the Dangote Group, Aliko Dangote, has said that with the plan the Dangote Refinery has in place, Nigeria will not need to import premium motor spirit (PMS) by next month.

4. NIMASA Elevates 41% Female Staff to Management Positions

The Nigerian Maritime Administration and Safety Agency (NIMASA), has elevated 41 per cent of its female staff to the management cadre in recognition of their immense value to the maritime community.

5. FG Constitutes Governing Councils of Tertiary Institutions(FULL LIST)

On Saturday, the Nigerian Government reconstituted the governing councils for one hundred and eleven federal tertiary institutions across the nation.

6. Oleksandr Usyk Beats Tyson Fury to Become Undisputed Heavyweight Champion

Oleksandr Usyk beat Tyson Fury to become the first undisputed heavyweight champion for nearly a quarter of a century on Saturday night in Saudi Arabia.

7. 12,539 Teachers Took May Professional Qualifying Exams- TRCN

About 12,539 teachers nationwide sat for the May diet of the Professional Qualifying Examination which began on Thursday and ended on Saturday.

8. I’m Prepared to be Crowned Olubadan Because God Says it’s My Turn, Olakulehin Tells Makinde

The Olubadan-designate, Owolabi Olakulehin, has told Governor Seyi Makinde of Oyo State that he is prepared to be crowned the 43rd Olubadan of Ibadanland.

9. Soldiers  Storm  Abuja Market Following Altercation with Traders

On Saturday evening, a group of Nigerian Army Corps of Military Police personnel stormed into Banex Plaza in Abuja, taking control of security posts and sparking tensions.

10. Telecom Companies Want Stakeholders’ Collaboration to Mitigate Fibre Cable Cuts

The Association of Telecommunications Companies of Nigeria (ATCON) has called for collaboration between the government, telecommunications operators and construction companies to mitigate the challenges of fibre cable cuts.

READ MORE STORIES: www.matrixngr.com

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

1. New Minimum Wage: Negotiations To Continue Next Week

* FG Woos Organise Labour To Appeal To Member To Attend Meeting
* Workers Are Seeing Money Coming In Trillions; They Want Their Own Share-Ex Senator
* Says I Don’t Know How A Nigerian Can Survive With Less Than N100,000

Hopes have risen that the Tripartite Committee on Minimum Wage might reconvene on Tuesday, May 23 to continue further negotiation for a reasonable new minimum wage for workers, after the organised labour walked out of the negotiation on May 15.

2. FDI Drive: Tinubu Assures Chinese Investors

* Says Your Investments Are Safe In Nigeria

As Nigeria continues its Foreign Direct Investment (FDI) drive, President Bola Tinubu has assured Chinese investors that their investments are safe in Nigeria.

3. NCC Temporarily Suspends Issuance of Communications Licences

The Nigerian Communications Commission (NCC) says it has temporarily suspended the issuance of new licences in some categories.

4. SDP Bombs Buhari’s Govt For Handing Over A Comatose Economy To Tinubu

The Social Democratic Party (SDP) has faulted the immediate past government of Muhammadu Buhari for failing to address Nigeria’s challenges, accusing it of bequeathing a comatose economy to President Bola Tinubu.

5. Amid Backlash, Minister Withdraws Orphan-Marriage Suit Against Niger Assembly Speaker

Following backlash from the Muslim Rights Concern (MURIC), the Minister of Women Affairs, Uju Kennedy -Ohanenye, has withdrawn a suit she earlier filed against the speaker of the Niger State House of Assembly, Abdulmalik Sarkindaji, following his decision to marry off 100 orphans from his constituency.

6. Electricity: Tinubu Approved Payment Of N3.3tn Power Sector Debts – Adelabu

President Bola Ahmed Tinubu has approved part payment of all power sector debts, estimated at N3.3 trillion.

7. FAAN Begins Sales Of E-Tags At Airports

The Federal Airport Authority of Nigeria (FAAN) has commenced the sales of e-tags at Nigerian airports

8. Binance Kicks As Court Denies Detained Executive Gambaryan Bail

Leading cryptocurrency platform, Binance Holding Limited has expressed its disappointment over the refusal of the Federal High Court, Abuja to grant detained executive Tigran Gambaryan bail.

9. Amid Legal Issues, Video Of Diddy Assaulting Ex-Girlfriend, Cassie Surfaces

Video footage of embattled American rapper and music executive, Sean Combs, aka Diddy reportedly assaulting his former signee and estranged girlfriend Cassie in a Los Angeles hotel hallway in 2016 has emerged.

10. Slot Confirms He Will Take Over From Jurgen Klopp At Liverpool This Summer

Feyenoord's Arne Slot has announced he will replace Jurgen Klopp as head coach at Liverpool this summer.


READ FULL STORIES: https://matrixngr.com/2024/05/18/top-10-stories-across-nigerian-newspapers-saturday-morning-may-18-2024/

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

1. N19tr Pension Scheme: FG, Labour Heading For Showdown

* Borrowing From Fund Not Backed By Pension Act-  Organised Labour Kicks
* Says Lack Of Transparency Undermines Sanctity Of Pension Funds
* FG Fires Back At Labour, Says No Plans To ‘Illegally Access’ Workers’ Pension Funds

The plans by the federal government of Nigeria to use N19tr funds domiciled in the National Pension Fund Scheme to drive economic and infrastructural development across the country has been met with stiff resistance by organized labour.

2. N90bn Hajj Subsidy: Tinubu Under Fire              

* It Has Political Undertone, Tinubu Sending Wrong Signal About Our Economy-Peterside

Following a disclosure by Vice President Kashim Shettima that FG subsidised the 2024 Hajj with N90 billion, President Bola Ahmed Tinubu has come under severe criticism.

3. FG, States, LGs Shared N1.208 Trillion in April- FAAC

The Federation Account Allocation Committee (FAAC) has shared the sum of N1.208 trillion as revenue for April among the federal government, states and local government councils (LGCs).

4. FG To Officially Open Student Loan Portal May 24

In a significant milestone, the Nigerian Education Loan Fund (NELFUND) has fixed May 24 for the opening of the student loan portal.

5. At Meeting With Faye, New Senegalese President, Tinubu Calls For ECOWAS’ Unity To Tackle Terrorism, Banditry

At the meeting with President Bassirou Diomaye Faye of Senegal, Nigeria’s President, Bola Tinubu on Thursday called for unity between West African countries to crush banditry, terrorism and other criminal activities plaguing the region.

6. DHQ Declares ‘Terrorist Kingpin’ Halilu Buzu Wanted

The Defence Headquarters has declared one Halilu Buzu, a suspected terrorist kingpin, wanted.

7. Salary Arrears: ASUU Issues Two Week Ultimatum To FG, Says ‘No Pay, No Work’

The Academic Staff Union of Universities (ASUU) has issued a two weeks ultimatum to down tools if the President Bola Tinubu administration fails to pay public university lecturers their salaries arrears.

8. Emirates Airline To Resume Nigeria Flight Operations On October 1

Emirates Airline has disclosed that it will resume services to Nigeria from October 1, 2024, operating a daily service between Lagos and Dubai.

9. Burna Boy, Ayra Starr, Asake Others Bag Nominations For 2024 Bet Awards

Ayra Starr, Burna Boy, Tems, Asake, Seyi Vybez, Davido, and Lojay are the seven Nigerian singers that have been nominated for the 2024 BET Awards.

10.  Ronaldo Tops Highest-Paid Athlete List For Second Year- Forbes

Cristiano Ronaldo has topped the Forbes list of highest-paid athletes for the fourth time in his career, with Jon Rahm moving up to second.

READ FULL STORIES ON: https://matrixngr.com/2024/05/17/top-10-stories-across-nigerian-newspapers-friday-morning-may-17-2024/

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

1. New Minimum Wage: Showdown Looms

* Organised Labour Will Take A Decision In Two Weeks’ Time- Ajaero
* FG’s N48k Offer Insults Sensibilities Of Nigerian Workers, Falls Significantly Short Of Expectations-Labour
* Says Government Not Serious In Negotiation With Nigerian Workers

Organised Labour and the Federal Government of Nigeria are heading for a showdown after negotiation between both parties for a new minimum wage broke down on Wednesday. READ MORE

2. Rivers Crisis: Mass Resignations Hit Fubara’s Cabinet

* Toxic Working Environment, Unresolved Political Crisis Cited As Reasons

The crisis rocking oil-rich Rivers State has assumed another dimension after five more commissioners, who are loyal to the Minister of the Federal Capital Territory (FCT), Nyesom Wike resigned from Governor Siminalayi Fubara’s cabinet. READ MORE

3. Emirates Airlines Will Soon Announce When It Will Resume Flight Operations To Nigeria-FG

In a heartwarming development, the Federal Government has disclosed that Emirates Airlines will in the coming days announce when it will resume flight operations to Nigeria. READ MORE

4. Amid Dwindling Economy, Tinubu Approved Release Of N90bn To Subsidise Cost Of 2024 Hajj

Vice-President Kashim Shettima says President Bola Tinubu approved N90 billion to subsidise the cost of the 2024 hajj pilgrimage. READ MORE

5. Naira Redesign: Emefiele Arraigned, Pleads Not Guilty For Printing N684m Notes With N18.96bn

The former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has pleaded not guilty to charges of approving the printing of N684.5m notes at the rate of N18.96bn. READ MORE

6. Kano: Hisbah Arrests 20 Men, Women For Bathing Together

Twenty men and women who were supposedly taking a bath together have been held by the Kano State Hisbah Corps, a religious police group tasked with enforcing Shari'a law solely on behalf of Muslims in the state. READ MORE

7. Kukah Meets Tinubu, Says One Year Not Enough To Judge President’s Administration

The Bishop of Sokoto Catholic Diocese and Founder of the Kukah Centre, Right Reverend Matthew Kukah has disclosed that one year is not enough to pass judgement on President Bola Tinubu’s government. READ MORE

8. Nigeria’s Inflation Rate Rises By 0.49% In April 2024

The Nigeria Bureau of Statistics (NBS) reports that in April 2024, the headline inflation rate increased by 0.49% points to 33.69% from 33.20% in March 2024. READ MORE

9. Race For European Football: Man Utd, Chelsea Boost Chances With Crucial Victories

Manchester United AND Chelsea on Wednesday boosted their chances for European football next season with crucial victories in the English Premier League on Wednesday. READ MORE

10. Celebrity Beef: Why Nigerian Celebrities Bash Each Other Online – Nkechi Blessing

Nollywood actress Nkechi Blessing Sunday, has said that social media feuds between Nigerian celebrities are typically prearranged. READ MORE

READ FULL STORIES: https://matrixngr.com/2024/05/16/top-10-stories-across-nigerian-newspapers-thursday-morning-may-16-2024/