Thisday Newspaper News Today Wednesday 5th June 2024
Top Nigeria news Dailies Update from Thisday Newspaper News Today 05/06/24
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New Wage: Tinubu Directs Edun to Come Up with Cost Implications in 48 Hours
•Labour suspends strike for one week •Senate pledges speedy passage of minimum wage bill •House cautions FG against increasing wage beyond country’s economy •Orji Kalu proposes N90,000 as minimum wage,
FG’s CNG Programme to Slash Petrol Import by 5.5 Billion Litres, $4.4 Billion Yearly
•Stakeholders discuss safety issues in new initiative Emmanuel Addeh in Abuja The federal government yesterday disclosed that the new Compressed Natural Gas (CNG) programme will reduce the country’s petrol imports
In Bid to Bolster Economic Reforms, Support Businesses, Edun Presents Stabilisation Plan to Tinubu
•Plan reveals fuel subsidy still being paid, projected to hit N5.4trn in 2024 •Prescribes N1tn stabilisation fund for manufacturing •President to sign Executive Order on Plan Ndubuisi Francis in Abuja
CBN: No Plans to Revoke Additional Banking Licences
•Insists industry remains safe, sound, declares recapitalisation will boost resilience James Emejo in Abuja Following the recent revocation of the operating license of Heritage Bank Plc, the Central Bank of
Fitch Hints on Nigeria’s Next Credit Outlook Upgrade
James Emejo in Abuja Fitch Ratings has hinted at a potential upgrade of the country’s credit outlook by November should certain macroeconomic indices improve. Earlier in May, the ratings agency
Peter Obi: Revocation of Heritage Bank’s Licence Will Hurt Confidence in Banking System
Chuks Okocha in Abuja Former Anambra Governor and the presidential candidate of the Labour Party in the last general election, Peter Obi, yesterday, said that the Central Bank of Nigeria’s
FRC Suspends Abel Onyeke
The Financial Reporting Council of Nigeria (FRC) has suspended Mr. Abel A. Onyeke, the Engagement Partner at Nexia Agbo Abel & Co. over his inability to exercise adequate professional skepticism
BudgIT Expresses Concern about Nigeria’s Lower Ranking on Fiscal Transparency
•Country ranked 92nd in open budget survey global index Chuks Okocha in Abuja BudgIT, a civic-tech organisation promoting transparency, accountability and effective service delivery in Nigeria has expressed concern over
Phase 1 of Customs’ $3.2 Billion Trade Modernisation Project Nears Launch
•To generate $250bn for FG within 20 years •Positions service for 22nd century challenges, opportunities James Emejo in Abuja The first phase of the Nigeria Customs Service’s $3.2 billion Trade
Tinubu Approves Naming of Abuja Road after Wole Soyinka
Olawale Ajimotokan in Abuja President Bola Tinubu has approved the naming of the arterial road N20 from Northern Parkway in Jahi District, Abuja after Nobel Laureate Wole Soyinka. The ratification
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