Newspaper Headlines: DCP Kyari’s brother received N279m from criminal suspects, says police report
The lingering petrol scarcity in many parts of the country dominated the headlines of Nigerian newspapers. Source: Top Stories
BREAKTHROUGH: ‘New York patient’ becomes first woman to be ‘cured of HIV’
A woman, referred to as ‘The New York patient’ for the sake of privacy, has reportedly become the first female to be cured of HIV. The development was said to have been announced on Tuesday at a ‘Conference on Retroviruses and Opportunistic Infections’, held virtually. According to NBC news, the patient, described […]
CLOSE-UP: Mohammed Bello-Koko, the new NPA MD who was named in Pandora Papers
Mohammed Bello-Koko has been appointed as the substantive managing director of the Nigerian Ports Authority (NPA). A substantive appointment means an appointment made in a permanent capacity on a vacant position or a position that another person holds a suspended lien. Bello-Koko has been the acting managing director of the NPA since the suspension […]
Prices of soft drinks, electricity increased — takeaways from Nigeria’s January inflation report
The consumer price index in Nigeria rose to 15.60 percent year-on-year in January 2022 as prices of soft drinks and electricity increased. This, according to the National Bureau of Statistics (NBS), is 0.87 percent points lower than the rate recorded in January 2021 (16.47 percent). On a month-on-month basis, the headline index […]
Buhari appoints Mohammed Bello-Koko as substantive NPA MD
President Muhammadu Buhari has approved the appointment of Mohammed Bello-Koko as the substantive managing director for the Nigerian Ports Authority (NPA). The federal ministry of transportation disclosed this on Tuesday in a circular signed by Eric Ojiekwe, director, press and public relations. “Prior to this appointment, Bello-Koko was the executive director, finance […]
Yahaya Bello: North-central deserves 2023 presidency more than south-east
Yahaya Bello, Kogi state governor, says the north-central deserves to be considered for the presidency more than the south-east. The governor said both zones are “disadvantaged in terms of the position of the presidency”. Bello spoke on Tuesday at the presidential villa in Abuja while reacting to Ohanaeze Ndigbo’s comment that zoning […]
Naira continues free fall, weakens 0.9% to N577/$1 at parallel market
The Nigerian naira has weakened to N577 per dollar at the parallel section of the foreign exchange market. This represents N5 or 0.9 percent depreciation compared to the N572 it traded last week. Street traders at the black market in Lagos who spoke to TheCable on Tuesday quoted the buying rate of […]
Daily COVID Tracker: Edo appeals to residents to get vaccinated and Canada PM invokes emergency powers amid protests
Here are five updates about the pandemic this Tuesday. South Korea to start giving fourth doses of COVID vaccine by end of January South Korea says it will start vaccinating people with the fourth dose of the COVID-19 vaccine by the end of February. The East-Asian country also announced […]
Newspaper Headlines: Tension in Osun ahead of Saturday’s APC guber primary election
The arrest of Abba Kyari, suspended deputy commissioner of police, for alleged drug dealing dominated the cover pages of Nigerian newspapers. Source: Top Stories
INTERVIEW: Luno wants to work with CBN on crypto regulation, says Owen Odia
It’s been a year since the Central Bank of Nigeria’s landmark ban on cryptocurrency transactions within the banking sector. The apex bank had said the ban was to curtail its use for illicit activities. The ban forced drastic changes in the operations of crypto exchanges as some could not accept deposits or process withdrawals […]