Good morning.  Here is today’s summary from Nigerian Newspapers: 

1. New Minimum Wage: Truce At Last

* FG, Labour Agree On ₦70,000 Minimum Wage
* Why We Accepted FG’s N70k Offer- Organised Labour
* ‘Wage To Be Reviewed Every Three Years’- FG, Labour

It was a long-fought battle but the swords were finally sheathed on Thursday, July 18, 2024 as the Federal Government of Nigeria and Organized Labour finally agreed on a new minimum wage for Nigerian workers. READ MORE

2. Ndume: Atiku, Dele Momodu Warn Tinubu

* Democracy Being “Compromised” By An “Unholy Alliance” Between Executive & Legislature-Atiku

The removal of Senator Ali Ndume as the Chief Whip of the Senate following his fiery criticism of the President Bola Ahmed Tinubu’s administration has continued to draw criticism and condemnation from different quarters. READ MORE

3. NGX Delists Niger Insurance Plc, Two Others For ‘Noncompliance’ With Standards

The Nigerian Exchange Limited (NGX) has announced the delisting of the shares of Niger Insurance Plc, Resort Savings and Loans Plc, and RAK Unity Petroleum Plc from its platform for noncompliance with standards. READ MORE

4. Shaibu, Okpebholo Escape Death As Gunmen Attack Convoy In Edo, Policeman Dies

Philip Shaibu, the former deputy governor of Edo, and Monday Okpebholo, the governorship candidate of the All Progressives Congress (APC) in the state, escaped death on Thursday when their convoy was attacked in Benin City by suspected gunmen. READ MORE

5. Ursula Von Der Leyen Wins Second Term As European Commission President

Ursula von der Leyen has been reelected to a second five-year term as president of the European Commission after a vote by EU lawmakers, as the continent’s mainstream seeks to reassert itself in the face of a resurgent far right. READ MORE

6. JAMB Pegs University Admission cut-off Marks at 140, polytechnics 100, CoE 100

The Joint Admissions and Matriculation Board (JAMB) has pegged admissions cut-off marks for universities, polytechnics and colleges of education at 140, 100 and 100, respectively. READ MORE

7. CBN Mandates BDCs to Cap Forex Profit At 1.5%

The Central Bank of Nigeria(CBN) on Thursday directed Bureau De Change (BDCs) operators to sell forex at a maximum profit margin of 1.5 per cent to correct market distortions. READ MORE

8. Lagos Chamber Of Commerce Urges Governors To Replicate Livestock Ministry

The federal government's move to establish a ministry for livestock should be immitated  by subnational governments around the nation, according to a demand made by the Lagos Chamber of Commerce and Industry (LCCI). READ MORE

9. Transfer: PSG Reach Agreement With Napoli To Buy Osimhen

Napoli has reached an agreement with Paris Saint German (PSG) to sign striker Victor Osimhen to the French club. READ MORE

10. Deyemi Okanlawon: From Villain To Hero

Deyemi Okanlawon, an actor and producer, offered his advice on moving from creating social media skits to performing. READ MORE


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