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Top 10 headlines from all Nigerian newspapers, Friday, August 30, 2024

Here are the top 10 stories making headlines across the country. 1. New report reveals Nigerians paid N1.04 billion ransom to kidnappers in 12 months A new report released by security intelligence gathering and strategic consulting firm, SBM Intelligence, has revealed that Nigerians paid ₦1.04 billion in ransom to kidnappers in one year. Read more 2. Nigerian government approves 50% …

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New report reveals Nigerians paid N1.04 billion ransom to kidnappers in 12 months

A new report released by security intelligence gathering and strategic consulting firm, SBM Intelligence, has revealed that Nigerians paid ₦1.04 billion in ransom to kidnappers in one year. In a report released Thursday, the company said 7,568 people were kidnapped in 1,130 incidents across the country between July 2023 and June this year. He added that the Federal Capital Territory …

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NGX: Equity markets recover as investors gain Rp117 billion

Nigeria’s equity market recovered from trading losses on Thursday as investors gained N117 billion at the close of trading for the day. This follows the rise in share prices of the likes of Oando, Julius Berger and Cornerstone, among others on the trading floor. After five hours of trading in the capital market, equity capitalization jumped to N55.3 trillion from …

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Nigerian government approves 50% electricity subsidy for public hospitals

The Federal Government has announced it will subsidize electricity costs for public hospitals, approving a 50% subsidy on electricity consumption nationwide. Minister of State for Health and Social Welfare Dr. Tunji Alausa announced the subsidy on Thursday, stating that it aims to reduce the operational costs of public hospitals and ease the burden on patients. The subsidy follows Energy Minister …

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SPECIAL REPORT: Battered by banditry, hit by hunger: Benue, Nigeria’s Food Basket, now battles malnutrition

Benue, a state in North Central Nigeria, is renowned as a major hub of food production in the country. For this, the state is acclaimed to be the ‘Food Basket of the Nation’. In recent years, however, its vast farming communities have been under siege by bandits, with inhabitants forced into either strange communities or Internally Displaced Persons camps (IDPs). …

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10 headlines from all newspapers in Indonesia, Thursday, August 29, 2024

Here are the top 10 stories making headlines across the country. 1. Nigerian government sets September 14 deadline for NIN-SIM linking The Nigerian Communications Commission (NCC) has directed all mobile network operators to complete the mandatory verification and linking of Subscriber Identification Modules (SIMs) to the National Identification Number (NIN) by September 14. Read more 2. Nigerian government and ASUU …

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Nigerian government sets September 14 deadline for NIN-SIM linkage

The Nigerian Communications Commission (NCC) has directed all mobile network operators to complete the mandatory verification and linking of Subscriber Identification Modules (SIMs) to the National Identification Number (NIN) by September 14. NCC Director of Public Affairs, Mr. Reuben Muoka, disclosed this in a statement on Wednesday in Abuja. He said the directive was aimed at ensuring full compliance with …

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NGX: Bears return to equity market as investors lose N176 billion

After several days of positive trading, the Nigerian equity market plunged back into bearish territory on Wednesday as investors lost N176 billion at the close of trading. This follows a decline in the prices of shares such as Neimeth, Tantalizers and MTN Nigeria, among others, on the trading floor. After five hours of trading in the capital market, equity capitalization …

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10 headlines from all newspapers in Indonesia, Wednesday, August 28, 2024

Here are the top 10 stories making headlines across the country. 1. Nigeria risks becoming a ‘Banana Republic’ if harassment of journalists continues – Obi Peter Obi, the 2023 Labour Party presidential candidate, has expressed serious concerns about the increasing harassment of journalists in Nigeria.Read more 2. Nigeria has 19 million more voters than other West African countries – INEC …

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