Tuesday, June 25, 2024


Good Day! Below are Summary of News Stories across Nigeria and Abroad:

1. The Central Bank of Nigeria has disbursed N114.17bn to beneficiaries under its 100-for-100 Policy on Production and Productivity since the commencement of the intervention. This was disclosed in a communiqué issued by the CBN Governor, Godwin Emefiele, after the last Monetary Policy Committee meeting held in Abuja. He stated that the funds were expended on 71 projects across healthcare, manufacturing and agriculture sectors. PUNCH

2. Stakeholders in the financial sector and banks are divided over re-issuance of the old naira notes following the Supreme Court judgement extending their legal tender status till December 31st 2023. While banks said they cant commence re-issuance of the old notes until they are directed to do so by the CBN, stakeholders including bank customers, financial analysts and business owners have called for immediate re-issuance of the old naira notes in compliance with the Supreme Court, Some banks’ officials who spoke to newsmen said the banks would comply once they get a directive from CBN. VANGUARD

3. Eight days after Nigeria held its presidential poll, the United States, has said that the exercise failed to meet the expectations of Nigerians. In a statement , the Untied State Ambassador to Nigeria, Mary Beth Leonard, said many citizens are angry and frustrated with the results, while some others are celebrating victories they believe were hard-fought and well-earned and It was clear that the electoral process as a whole on February 25 failed to meet Nigerians expectations. CHANNEL

4. Nigeria will be without influential midfielder, Daniel Daga for the rest of the ongoing 2023 Africa U-20 Cup of Nations in Egypt. Daga sustained injury in the Flying Eagles opening game 1-0 defeat to the Cubs of Senegal. The Dakkada FC player has missed the Flying Eagles last three games against Egypt, Mozambique and Uganda.There were hopes he will be fit for the Flying Eagles semi-final clash against Gambia but he has now been ruled out of the competition following an assessment of the injury. The Flying Eagles will battle the Young Scorpions of Gambia for a place in the final on Monday (today). DAILY POST

5. Three people have been arrested over the murder of a Philippine provincial governor and eight others, authorities said Sunday, adding another suspect was killed in a shoot-out. Seventeen people were also wounded in the audacious attack on Saturday in the sugarcane-growing heartland of the Philippines.Seventeen people were also wounded in the audacious attack on Saturday in the sugarcane-growing heartland of the Philippines. CHANNELS

6. Famous Nollywood actor and film director, Yul Edochie, has stated that the Igbo-speaking part of Nigeria has largely contributed to the growth of Lagos State. He said it was wrong to describe Lagos as no man’s land because the Yoruba people have been accommodating. Speaking in a post on his Instagram page on Saturday, the actor explained that it was well known that the Igbo, including other tribes, had also contributed to Lagos State. DAILY POST

7. The Kaduna State gubernatorial candidate of the Peoples Democratic Party (PDP), Rt Hon. Isa Mohammed Ashiru has called on the people of Kaduna State to prepare to go and vote on March 11, 2023, despite some of the challenges they encountered on February 25. Ashiru in a statement issued by Deputy Director, Media and Publicity, PDP State Campaign Directorate, Mr. Reuben Buhari, said people might feel demoralized after the outcome of the last election and possibly wonder why they should be bothered to go and vote in the governorship election. VANGUARD

8. The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has led a protest to the headquarters of the Independent National Electoral Commission in Abuja. PDP leaders as well as supporters have stormed the INEC headquarters wearing black clothes in protest against the just concluded presidential election that saw the All progressives Congress candidate, Bola Tinubu, declared winner of the presidential poll. PUNCH

9. Tom Sizemore, a talented but troubled actor who made a career of playing tough guys, but struggled to stay on the right side of the law, has died at the age of 61. He suffered a brain aneurysm in February and on Friday was removed from life support, days after doctors concluded no more could be done for him, Charles Lago said. The actor worked with some of Hollywood’s biggest names over a decades-long career, but away from the screen he led a frequently troubled life, struggling with addiction and enduring spells in jail. CHANNELS

10. A former Deputy National Publicity Secretary of the All Progressives Congress, APC, Timi Frank, has called on the National Chairman of the Independent National Electoral Commission, INEC, Prof. Mahmood Yakubu to as a matter of urgency resign his appointment. Frank, in a statement issued Monday, also called on President Muhammadu Buhari to do the needful by relieving him of his position if he fails to resign for conducting the worst-ever rigged election in the history of Nigeria. He said the call became imperative because Nigerians have lost total confidence in him. DAILY POST




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