Good morning! Here is today’s summary from Nigerian Newspapers:
1. The Central Bank of Nigeria (CBN) has directed all existing Bureau De Change Operators to re-apply for licences. The apex bank gave the directive in a circular issued by its Director of Financial Policy and Regulation Department, Haruna Mustafa, on Wednesday.
2. A Federal High Court in Abuja has granted temporary bail to former Commander of the Force Intelligence Response Team, DCP Abba Kyari over his mother’s death. Justice Emeka Nwite on Wednesday ordered Kyari to deposit the sum of N50 million and a surety in like sum.
3. A police officer attached to the enforcement team of the Jos Metropolitan Development Board (JMDB) has been reportedly shot dead at Terminus Market, Jos, the capital of Plateau State. It was gathered that security operatives, including policemen and soldiers, have been mobilised recently by the state government to carry out enforcement against street trading in the area.
4. Speaker of Cross River State House of Assembly, Elvert Ayambem, has been impeached following a vote of no confidence passed by two-third majority of the Assembly members. Hon. Effiong Ekarika representing Calabar South 1 moved the motion on the floor of the Assembly, supported by Omang Omang of Bekwara state constituency.
5. In commemoration of his first anniversary in office, President Bola Tinubu has directed his ministers to present their performance reports to Nigerians. The Minister of Information and National Orientation, Mohammed Idris, while announcing this at a press briefing in Abuja on Wednesday, said the low-key first-anniversary celebration would be marked with sectoral media briefings by the 47 federal ministers starting on Thursday.
6. The tripartite committee on new minimum wage has adjourned till next Tuesday, May 28 to continue deliberation after Wednesday’s meeting in Abuja ended in a deadlock again. The Federal Government, the organised private sector and the organised labour failed to reach a consensus on the new minimum wage at the Wednesday meeting.
7. The House of Representatives, on Wednesday, urged the Federal Government to renovate and convert its abandoned buildings and forfeited land locally and abroad for public use. The resolution of the House was sequel to the adoption of a motion titled, “Call to convert abandoned and seized properties including buildings and lands for public use.”
8. The Economic and Financial Crimes Commission has arrested over 200 suspects in connection with foreign exchange scams and manipulation of the financial markets. Sources said on Wednesday that over 200 suspected Bureau De Change operators were in EFCC custody across the country.
9. The Naira on Wednesday depreciated in the parallel market to N1,495 per dollar from N1,470 per dollar on Tuesday. However, the Naira appreciated to N1,462.59 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.
10. An Oyo State High Court sitting in Ibadan, the state capital, has granted female Muslim students at the University of Ibadan International School, Ibadan (ISI) the right to wear hijab on top of their school uniforms. The court, presided over by Justice Moshood Ishola, gave the judgment on Wednesday afternoon.
Nigerian Newspapers: 10 things you need to know Thursday morning
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