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

1. Monopoly, Poor Petroleum Products Standards: Dangote Goes After NNPCL

* Amid Dangote’s Accusation, Kyari Denies Owning Blending Plant In Malta
* AfDB President, Adesina, NACCIMA, Others Back Dangote
* Reps Seek NMDPRA CEO's Suspension Over ‘Unguarded Comments’

The ongoing face-off between Alhaji Aliko Dangote and regulatory authorities in the Nigerian Oil and Gas sector has refused to die down despite a gag order by the House of Representatives Joint committee on petroleum resources (downstream and midstream). READ MORE

2. #End Bad Governance Protests: Obi, Tinubu’s Aide Head To Court

* I Am Not Afraid Of Any Legal Action, We Shall Meet In Court”-Onanuga

A legal firework is looming following allegations by the Special Adviser to President Bola Tinubu on Communications and Strategy, Bayo Onanuga that Peter Obi and his supporters were responsible for the planned nationwide protests against the Tinubu-led government over the hardship in the country. READ MORE

3. Amid Inflation, CBN Raises Interest Rate by 50 Basis Points to 26.75% 

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has increased the interest rate from 26.25% to 26.75%, a 50 basis point increase. READ MORE

4. US Secret Service Director Cheatle Resigns After Trump’s Assassination Bid

US Secret Service Director Kimberly Cheatle resigned on Tuesday, a day after acknowledging that the agency had failed in its mission to prevent an assassination attempt against Donald Trump. READ MORE

5. #End Bad Governance Protest: Planned National Protest Politically Motivated, Says Wike

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has claimed that the planned national protest dated August 1 was politically motivated. READ MORE

6. Fubara Seeks Rivers Monarchs Cooperation In Fight against Crude Oil Theft

Governor Siminalayi Fubara of Rivers State has called on Traditional Rulers in the state to support the efforts of the government in the fight against crude oil theft, urging them to take charge of their communities to ensure stability in the state by checking the menace of Oil thieves. READ MORE

7. IG Assures Peaceful Protesters of Protection on August 1

* We Won't Sit Back and Let Hoodlums Burn Down Facilities in Name of Protest

The Inspector-General of Police, Olukayode Egbetokun, has said the Nigeria Police will respond to the August 1 planned protest by some Nigerians “in a most professional manner.” READ MORE

8. Band A: Reps Oder NERC, DISCO To Reversal Tariff Hike 

The Nigeria House of Representatives has instructed the Nigeria Electricity Regulatory Commission (NERC) and Distribution Companies (DISCOs) to immediately reverse the recent electricity tariff increase for Band A customers. READ MORE

9. GWR: Nigerian man Wins Longest Twerking

Babajide Israel, a Nigerian, has established a new Guinness World Record (GWR) for the longest twerking session. READ MORE

10. Olympics 2024: Amusan Named Team Nigeria’s Flag Bearer, Opeyori captain 

The Nigeria Olympic Committee (NOC) in collaboration with the Federal Ministry of Sports Development have confirmed record holder Tobi Amosun as the flag bearer and Anuoluwapo Opeyori as general team captain for the opening ceremony of the 2024 Olympic Games. READ MORE


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