The PUNCH: The Independent National Electoral Commission has insisted that electronic collation of results is illegal in Nigeria. The commission said this against the backdrop of expectations that the results of Saturday’s off-cycle governorship elections in Imo, Kogi, and Bayelsa states would be transmitted electronically.
The Guardian: Nigeria’s alignment with the current economic reality, coupled with rising inflation, slow growth, floating of exchange rate and volatility in global oil prices, may have exposed the fragility of her economic model and affected its global trade standing. While trade presents one vital but often untapped pathway to poverty reduction, through its effects on investment, technology transfer, and competition, it can help growth – boosting job creation, increasing domestic value added, and reducing the price of goods that Nigerians buy along the way. All of these effects may contribute to reducing poverty.
The Nation: After harmonising the N2.17 trillion 2023 Supplementary Budget, the Senate and the House of Representatives have raised the student loan appropriation to N10billion. Both chambers dropped the controversial presidential yacht, for which N5 billion was budgeted.
Daily Trust: The Central Bank of Nigeria (CBN) has warned against the rejection of any bank notes it has issued in line with the provision of the CBN Act 2007. This comes amidst fears that the old banknotes may cease to be legal tender by December 2023.
