Wake up and stay informed with the latest news from Nigerian newspapers:
1. The Court of Appeal in Abuja has put a halt to the Kogi State High Court’s attempt to charge EFCC Chairman, Mr. Ola Olukoyede, for contempt. This suspension came after an ex parte motion was granted to stay the contempt proceedings against the EFCC Chairman by former Kogi State governor Yahaya Bello.
2. The trial of former CBN governor Godwin Emefiele has been adjourned by an Ikeja Special Offences Court to May 9. This adjournment was due to the prosecution serving additional proof of evidence, comprising over 60 pages, to the defendants’ counsel on the morning of the trial.
3. The Nigerian Electricity Regulatory Commission (NERC) has announced the unbundling of the Transmission Company of Nigeria (TCN) to enhance efficiency in the electricity sector. The Nigerian Independent System Operator of Nigeria Limited (NISO) has been established as a result.
4. Minister of Information and National Orientation, Mohammed Idris, reassured that no journalist has been imprisoned for practicing responsible journalism under the Bola Tinubu administration. He emphasized the government’s commitment to safeguarding journalists’ interests and upholding press freedom.
5. A Kano High Court has issued an ex parte order preventing law enforcement officers from arresting or harassing APC Ward officers in Abdullahi Ganduje Ward, Dawakin-Tofa LGA of Kano State. The order applies to the IGP, AIG Zone 1 Kano, and the Commissioner of Police in Kano.
6. In Makurdi, the Benue State government demolished 40 illegal structures and shanties in various locations. The Benue State Urban Development Board (UDB) executed the demolition following the emergence of unauthorized settlements in parts of the state.
7. Nigerian fintech companies have warned customers against engaging in cryptocurrency trading or any virtual currency activities through their platforms. Opay, Moniepoint, PalmPay, and Paga informed customers of potential account blockades for participating in such transactions.
8. Hamza Mohammed has been sentenced to death by hanging in Niger State for fatally stabbing another man during a confrontation. Mohammed, along with Baba Usman (currently evading arrest), pursued and fatally stabbed Isah Mohammed multiple times.
9. As Edo State prepares for the upcoming gubernatorial election on September 21, the PDP chapter in the state inaugurated a 363-member campaign council. Governor Goodwin Obaseki criticized the disorganization within the Legacy Group, led by Dan Orbih, the party’s vice chairman, South-South, for their reluctance to collaborate unless their concerns are addressed.
10. The naira faced depreciation in the parallel market, dropping to N1,395 against the dollar from N1,365 on Thursday. Conversely, the naira strengthened in the Nigerian Foreign Exchange Market (NAFEM) to N1,400.4 against the dollar.