Nigerian Newspapers: 10 things you need to know Monday morning

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Good morning! Right here is in the present day’s abstract from Nigerian Newspapers:

1. The worldwide enterprise analysis agency, Economist Intelligence Unit, has stated that the Central Financial institution of Nigeria doesn’t have the liquidity to assist the naira as of now, saying solely international borrowing can remedy the foreign money points. It acknowledged this in its newest Nation Report on Nigeria, which was printed on Friday.

2. The Sultan of Sokoto, Sa’advert Abubakar, has declared in the present day (Monday) March 11, 2024, as the primary day of the month of Ramadan. The Sultan, who’s the religious chief of Muslims in Nigeria, stated the declaration was primarily based on the sighting of the moon in nearly each a part of the nation earlier on Sunday.

3. The Transmission Firm of Nigeria, on Sunday, declared that one among its important infrastructures, the Shiroro-Katampe 330kV transmission line, was vandalised, making it the fifth of such incidents between February and March this 12 months.

4. The Presidency has denied allegations of padding the 2024 funds by a further N3tn. This adopted accusations by Senator Abdul Ningi of Bauchi Central (PDP) that the chief is implementing a funds apart from the one accredited on January 1, 2024.

5. The Federal Authorities on Sunday disclosed that 55,000 licensed medical doctors are within the nation to take care of the rising inhabitants of sufferers following the exodus of well being professionals to hospitals and well being amenities overseas. It stated within the final 5 years, the nation misplaced about 15,000 to 16,000 medical doctors to the Japa syndrome, whereas about 17,000 had been transferred.

6. The Magistrates’ Court docket sitting in Ikorodu, Lagos State, is ready to listen to a go well with in search of a Deoxyribonucleic Acid check for Liam, the son of the late singer, Ilerioluwa Aloba, also called Mohbad. This was confirmed in a press release signed by a member of the household’s authorized staff, Monisola Odumosu.

7. The Central Financial institution of Nigeria, CBN, has strengthened its pre-emptive surveillance of banks to unearth infractions and guarantee compliance with extant guidelines and tips. The banks have been below intense criticism in current intervals for alleged complicity in financial crimes. The Financial and Monetary Crimes Fee, EFCC, estimated that some 70 per cent of monetary crimes within the nation could possibly be traced to the banking sector.

8. Hundreds of indigenes and residents of Edo North Senatorial District on Sunday peacefully protested in opposition to the plot to question Edo State Deputy Governor, Philip Shaibu. The protesters requested Governor Godwin Obaseki to offer peace an opportunity.

9. Governors of the 36 states of the federation say they’ve been introducing totally different methods and measures to finish the present financial hardship and meals disaster of their states. In a report signed by its Appearing Head of Media, Halimah Salihu Ahmed, the Nigeria Governors Discussion board, NGF, stated the governors have been dedicated to ending the ache and struggling of residents within the land.

10. The Financial and Monetary Crimes Fee has disclosed that 37 suspected Web fraudsters arrested by its operatives in numerous elements of the Federal Capital Territory, Abuja, might be arraigned in courtroom upon the conclusion of an investigation. In line with a press release on Sunday, the suspects have been arrested on Wednesday after a number of raids on the Jahi, Dawaki, and Gwarimpa areas of the FCT.

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