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SERAP files lawsuit against CBN over missing N100 billion dirty notes

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) over its “failure to account for and explain the whereabouts of over N100 billion in ‘dirty and bad notes’ and ‘large sums of other cash awaiting audit’ stashed in various CBN branches.” In a suit number FHC/L/MSC/441/2024 filed last week at the …

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10 headlines from all newspapers in Indonesia, Sunday, July 28, 2024

Here are the top 10 stories making headlines across the country. 1. Senator Ifeanyi Ubah dies in London Senator representing Anambra South, Ifeanyi Ubah died while on a medical trip to the UK. Read more 2. Former NBA president Agbakoba urges Tinubu to emulate Obasanjo on how to raise funds to run the government Senior Advocate of Nigeria (SAN), Olisa …

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NGX WEEKLY RECAP: Investors lose N1.32 trillion as equity markets plunge

Investors in the Nigerian equity market enjoyed a poor trading week on the NGX floor after suffering a loss of N1.32 trillion in the just-ended trading week. The stock exchange posted losses on four of the five trading days and rose on only one trading day as the market suffered its second-worst loss of 2024 yesterday. Market capitalization fell by …

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INVESTIGATION…‘I cured thousands of cancer patients’: How Facebook allows spread of health misinformation with digital ads

Meta, owner of Facebook, is allowing health misinformation and disinformation to run freely on its platform, an investigation has revealed. The company publicly commits to fighting misinformation and disinformation around the world, but an analysis conducted on some pages on the platform has documented how a huge health misinformation campaign runs on the Facebook platform, being aided by a massive …

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LATEST: Senator Ifeanyi Ubah dies in London

Senator representing Anambra South, Ifeanyi Ubah died while on a medical trip to the UK. Ubah, a prominent business figure from the southeast region is also the Chief Executive of Capital Oil, which he founded in 2001. More details coming soon… LATEST Post: Senator Ifeanyi Ubah dies in London appeared first on Latest Nigeria News | Headlines from Ripples Nigeria.

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Former NBA president Agbakoba urges Tinubu to emulate Obasanjo on how to raise funds to run the government

Senior Advocate of Nigeria (SAN), Olisa Agbakoba, has proposed a solution to get out of the current financial crisis facing President Bola Tinubu’s administration. Agbakoba, a former president of the Nigerian Bar Association (NBA) called on the government to emulate the strategy adopted by former President Olusegun Obasanjo who had the same problem when he was in power. Agbakoba further …

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10 headlines from all newspapers in Indonesia, Saturday, July 27, 2024

Here are the top 10 stories making headlines across the country. 1. The Regional Police Chief ordered #EndBadGovernance protesters to submit names and contact details to the police. Inspector General of Police Kayode Egbetokun on Friday asked individuals behind the #EndBadGovernance protests in the country to hand over their details to authorities. Read more 2. The organizers of the #EndBadGovernance …

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NGX: Equity markets plunge sharply as investors lose N1.1 trillion

Investors in the Nigerian equity market lost N1.1 trillion at the close of trading on Friday. This follows the decline in stock prices of stocks such as ETERNA, DANGOTE CEMENT, and DAAR COMMUNICATION among others on the trading floor today. After five hours of trading in the capital market, equity capitalization plunged to N55.6 trillion from N56.7 trillion posted by …

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Police deploy 4,200 personnel ahead of FCT hunger protests

In a bid to prevent potential outbreak of violence during the proposed nationwide protests, the Federal Capital Territory police command has deployed a total of 4,200 policemen across the nation’s capital. The command also announced the deployment of explosives experts at various strategic locations. This was revealed in a statement on Friday by the command’s spokesperson, Josephine Adeh, who added …

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RipplesMetrics: The economic reality of Nigeria’s new N70,000 minimum wage

Following a meeting between President Bola Tinubu and the leadership of the Nigeria Labour Congress, the federal government agreed with unions to raise Nigeria’s minimum wage to N70,000. This is a 133 percent increase from the N30,000 that has been in operation since 2018. The President also promised to come up with a plan to help the private sector and …

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