Nigeria Newspaper Headlines Today 23rd May 2024 [Thursday]

1.Bureau De Change:  The Central Bank of Nigeria (CBN) has instructed all existing Bureau De Change Operators to reapply for licenses. This directive was issued on Wednesday in a circular by Haruna Mustafa, the Director of the Financial Policy and Regulation Department.

2. Abba Kyari Granted a short Bail: A Federal High Court in Abuja has granted temporary bail to DCP Abba Kyari, former Commander of the Force Intelligence Response Team, following his mother’s death. Justice Emeka Nwite ordered Kyari to deposit N50 million and provide a surety in the same amount on Wednesday.

3. Tragedy: A police officer with the Jos Metropolitan Development Board (JMDB) enforcement team was reportedly shot dead at Terminus Market in Jos, Plateau State. Security operatives, including policemen and soldiers, have recently been mobilized by the state government to enforce against street trading in the area.

4. Elvert Ayambem has been Impeached:  The Speaker of the Cross River State House of Assembly, Elvert Ayambem, has been impeached following a vote of no confidence by a two-thirds majority of the Assembly members. Hon. Effiong Ekarika of Calabar South 1 moved the motion, supported by Omang Omang of the Bekwara state constituency.

5. FG: In commemoration of his first anniversary in office, President Bola Tinubu has directed his ministers to present their performance reports to the public. Minister of Information and National Orientation, Mohammed Idris, announced this at a press briefing in Abuja on Wednesday, stating that the anniversary will be marked with sectoral media briefings by the 47 federal ministers starting Thursday.

6. Minimum Wage: The tripartite committee on the new minimum wage has adjourned until next Tuesday, May 28, to continue deliberations after Wednesday’s meeting in Abuja ended in a deadlock. The Federal Government, organized private sector, and organized labor failed to reach a consensus on the new minimum wage at the meeting.

7. House of Reps: On Wednesday, the House of Representatives urged the Federal Government to renovate and convert its abandoned buildings and forfeited land both locally and abroad for public use. This resolution followed the adoption of a motion titled, “Call to convert abandoned and seized properties including buildings and lands for public use.”

8. Foreign Exchange scam: The Economic and Financial Crimes Commission (EFCC) has arrested over 200 suspects in connection with foreign exchange scams and financial market manipulation. Sources revealed on Wednesday that over 200 suspected Bureau De Change operators are in EFCC custody across the country.

9. Exchange: The Naira depreciated in the parallel market on Wednesday to N1,495 per dollar from N1,470 per dollar on Tuesday. However, it appreciated to N1,462.59 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM).

1o. Oyo News: An Oyo State High Court in Ibadan has granted female Muslim students at the University of Ibadan International School, Ibadan (ISI) the right to wear hijabs over their school uniforms. Justice Moshood Ishola delivered the judgment on Wednesday afternoon.