Nigeria’s newspapers had plenty of major news to cover this Tuesday morning. Here are the top 10 stories making headlines:
- Fugitive Binance Exec Nabbed in Kenya Nadeem Anjarwalla, the Binance Regional Manager for Africa who escaped detention in Nigeria last month, has been arrested in Kenya while in hiding. His March 22nd escape caused an international incident.
- Tinubu Warns Against Financing Illegal Mining, Terrorism
At an African summit, President Bola Tinubu stated that foreigners are pumping money into illegal mining operations and terrorist groups across the continent. He urged greater regional cooperation to combat this threat. - Government to Sell Off Failing Power Companies Citing the persistent blackouts, the Nigerian government announced plans to sell the five electricity distribution companies that have failed to service their debt and provide reliable power.
- Tinubu to Visit Netherlands for Talks President Tinubu is embarking on an official visit to the Netherlands today for high-level discussions with Prime Minister Mark Rutte on strengthening bilateral ties.
- Rivers Assembly Overrides Court on Local Govt Terms The Rivers State Assembly has controversially passed a law extending local government tenures without the governor’s approval, defying a court order maintaining the status quo.
- Rice Prices Drop After Naira Rebounds With the naira’s recent rebound against the dollar, the price of a 50kg bag of rice has fallen to around N67,000 in major cities from highs of N90,000 in February.
- Naira Depreciates 5% Against USD However, the naira took a hit on Monday, depreciating over 5% to trade at N1,234 per USD at the official forex market.
- Cult Violence Claims More Lives in Ogun Deadly cult clashes continue in Ogun State, with one person killed in Odeda allegedly by the Aiye confraternity, despite an amnesty window for cultists to surrender arms.
- Three Perish in Pit Latrine Tragedy
In a tragic accident in Kano, three men died of suffocation after entering a pit latrine to retrieve a cellphone, with one would-be rescuer surviving. - Bobrisky Appeals Imprisonment Over Naira Abuse Cross-dresser Bobrisky, convicted of abusing the naira currency, has appealed his 6-month prison sentence, seeking to pay fines instead.
Nigeria’s newspapers from economic issues to political tensions and tragic accidents, this summary covers the major stories developing across Nigeria this Tuesday. Stay tuned for continued coverage and analysis.