June 2023

1st June 2023

30 June 2023
FIJ
REPORT: Boko Haram Killed 5,873 Nigerians in Last 2 Years
Nigeria’s security woes are still far from over as Boko Haram, one of the terrorist groups operating in northern Nigeria, killed 5,873 between December 2020 and May 2023…

Guardian Nigeria
Experts proffer solutions to business risks
Experts have warned enterprises to tackle business risks holistically having in mind the behaviour of organisational structure, values and culture in place. They identified the risks to include cyber risk, political and environmental risk, insurance and risk and financial/compliance risk, stating that risk is the responsibility of every member of an organisation…

Foundation for Investigative Journalism
Boko Haram Killed 5,873 Nigerians in Last 2 Years
Nigeria’s security woes are still far from over as Boko Haram, one of the terrorist groups operating in northern Nigeria, killed 5,873 between December 2020 and May 2023…

TVC News
FNCCI Meets Business Leaders, Proffers Solution
It has been asserted that culture is an integral part of risk management. Good corporate culture is set by the right ‘tone at the top’…

28 June 2023
Guardian Nigeria
Beware! Kidnappers of students on the prowl
In the last few weeks, terrorists, loosely called bandits, have resumed attacks on schools, abducting students. The recent surge happened in a number of places, including Kaduna, Zamfara, Plateau, Niger and Kogi states, resulting in killings and kidnapping…

ICIR Nigeria
Experts proffer solutions to insecurity in Nigeria
Security experts who participated in a Twitter Space organised by The ICIR on Tuesday, June 27, have proffered solutions to the high level of insecurity in Nigeria…

27 June 2023
Guardian Nigeria
100 Women Plus seminar highlights opportunities for women in the digital economy
On the third day of the five-day online seminar organized by the 100 Women Plus project, participants focused on exploring the opportunities presented by the digital economy and addressing the existing gender gap in this field. Held on Monday, 26 June 2023, the session titled “Opportunities of the digital economy” shed light on initiatives aimed at reducing gender inequality and fostering inclusivity…

Punch
All eyes on new security chiefs
Under siege from Islamic terrorists, bandits, separatist gunmen, kidnappers, Fulani herdsmen, militants, and sundry criminals, the recent appointment of new military service chiefs and heads of federal security agencies by President Bola Tinubu has raised optimism of imminent respite for the country…

Semafor
Russia’s rebellion creates uncertainty for African governments relying on Wagner
The Wagner private military group’s abortive mutiny in Russia risks destabilizing African countries where its troops have been deployed. A number of African nations, including Mali, the Central African Republic (CAR), Libya and Sudan, rely on Wagner to fight insurgents, quell dissent, train local troops, and spread propaganda…

25 June 2023
BusinessDay
Insecurity: Assign specific timelines to Service Chiefs, experts urge Tinubu
Security experts have advised President Bola Ahmed Tinubu to assign timelines to his security team if the war against bandits, Boko Haram and other insurgent groups in the country must be won…

Daily Trust
A Whole New Approach To Security
Last Monday, President Bola Ahmed Tinubu retired all of his predecessor’s security chiefs, and in the same breadth appointed new ones. He also replaced the Inspector-General of Police and Comptroller-General of the Nigerian Customs Service, in addition to rather sweeping appointments down the lower rungs of the military services…

Vanguard
Fired Service Chiefs: 22,000 reportedly killed, 10,000 abducted under their watch
No fewer than 22,032 Nigerians were reportedly killed from March 2021 to June 2023 during the period the Service Chiefs who were fired by President Bola Tinubu on Monday held sway. 10,324 citizens were also abducted during the period under review, according to reports…

24 June 2023
PM News
Nuhu Ribadu: Tasking NSA on terrorism financing, other issues
The appointment of Malam Nuhu Ribadu as the National Security Adviser (NSA) signifies a new dawn when a person outside military circle would occupy the critical position since reemergence of democracy in Nigeria in 1999…

22 June 2023
BusinessDay
Peace mission or grain diplomacy?
Earlier this month, I had asked what South African leaders were thinking when they decided to send weapons to Russia even when a pro-Russian superpower like China has clearly refused to send weapons or even violate the economic sanctions on Russia?..

20 June 2023
Africa Report
Mastercard eyes Ethiopian fintech, telco partners to scale up cashless payments
Mastercard is looking for fintech and telecom partnerships in Ethiopia as it seeks to scale up the acceptance of non-cash payments in the country, says Mark Elliott, the company’s president for sub-Saharan Africa…

Punch
Tinubu removes security chiefs, Customs boss, appoints Ribadu, Egbetokun, others
President Bola Tinubu on Monday carried out a major shake-up of the nation’s security architecture with the immediate retirement of all the service chiefs and the Inspector-General of Police, Usman Baba…

19 June 2023
Independent
Tinubu: Chronicling The Economy In First Three Weeks In Office
In the last thirteen working days, the administration has taken some far-reaching decisions that have both positive and negative impacts, albeit in the short term on Nigerians…

18 June 2023
People’s Gazette
UK charity to build entrepreneurial centres across Nigeria to tackle out-of-school menace
UK charity IA-Foundation is to establish skills acquisition centres in the six geo-political zones in Nigeria to empower millions of out-of-school children in the country. The initiative is the latest effort by the foundation to add value to the lives of some 20.2 million Nigerian kids currently out of school in Africa’s most populous nation…

Punch
FG, states should end ‘sit-at-home’ tyranny
The robust pushback by the newly inaugurated Governor of Enugu State, Peter Mbah, against the illegal Monday ‘sit-at-home’ order decreed and violently enforced by the Indigenous People of Biafra in the South-East is a welcome move that should be vigorously backd by the four other states in the region…

17 June 2023
Punch
Three years after, father, mother await return of five kidnapped sons
For 68-year-old Cecilia Bala, May 7 is not just another day on the calendar. It reminds her of the beginning of the endless pain that has now become her reality. That Thursday morning, in 2020, men of the underworld whisked five of her sons away…

16 June 2023
African Business
Tinubu begins reforms in Nigeria with naira devaluation
President Bola Tinubu criticised the country’s central bank in his inaugural speech on 29 May, saying that monetary policy requires a “thorough house-cleaning”. And indeed on 14 June the Central Bank of Nigeria (CBN) announced the unification of all segments of the foreign exchange (FX) market – replacing the old regime of multiple exchange rate “windows” for different purposes with, in effect, a market rate…

Bloomberg
Nigeria’s New Leader Thrills Investors With Reforms and Firings
Everything changed for investors in Nigeria this week. Less than a month into his tenure, President Bola Tinubu has begun implementing a raft of reforms long sought by bankers, economists and multilateral lenders to revive Africa’s biggest economy from almost a decade of torpor…

Financial Times
Economic overhaul raises hopes for Nigeria’s new leader
Nigeria’s president Bola Tinubu took office in May as a continuity choice from his predecessor’s party. Yet less than three weeks later, the 71-year-old has come out swinging…

The Guardian
‘I’m left with nothing’: Nigerians feel brunt of economic shakeup
Nigerians are feeling the strain as their new president pushes through a series of unpopular policies that have earned him praise from foreign investors…

15 June 2023
AFP
Nigeria Unifies Currency Exchange Rates, Floats Naira
Nigeria’s central bank has abolished the country’s multiple exchange rate system and effectively floated the naira currency, the bank said, as new President Bola Ahmed Tinubu revamps the country’s monetary policies…

The Christian Post
Priest fatally shot in the back in Nigeria
Unidentified gunmen shot a Roman Catholic priest to death in southwest Nigeria last week, a church spokesman said. The Rev. Charles Onomhoale Igechi was killed on June 7 as he drove in the Ikhueniro area of Benin, Edo state, the Rev. Augustine Akubeze, archbishop of the Archdiocese of Benin, said in a press statement. Igechi had been ordained less than a year ago on Aug. 13, 2022…

NRC
Nigeria’s new president is betting on an economic turnaround
“Ladies and gentlemen, it’s happening .” The tweet from the Nigerian journalist and fact-checker Oluwamayowa Tijani on Wednesday afternoon briefly summarized what virtually every analyst who closely monitors the exchange rate of the naira saw coming. There was no longer any speculation as to whether the new president of Africa’s largest economy would float the country’s currency. But when…

Reuters
Nigeria’s Tinubu stuns wary investors with quick reforms
Nigeria’s new president, in office for less than a month, is pushing to put Africa’s largest economy on a reform track that investors have eyed for decades, fuelling excitement that money could flow to a nation that many had deemed uninvestible…

Semafor
Nigeria’s Tinubu launches presidency by unleashing market-driven reforms
Nigeria’s new president Bola Tinubu implemented market-friendly reforms in his first two weeks in office in a bid to overhaul Africa’s biggest economy and attract investment — despite the risk that angry citizens could derail his plans…

14 June 2023
Al Jazeera
How Emefiele, Nigeria’s powerful central bank chief lost his seat
Last Friday Nigeria’s new President Bola Tinubu suspended the country’s Central Bank Governor Godwin Emefiele. On Saturday, Nigeria’s secret police confirmed the erstwhile top banker has been arrested and is in custody for interrogation…

RT
‘Shield the continent from Western pressure’: How African leaders decided to broker peace between Russia and Ukraine
In a bold diplomatic move, seven African heads of state are preparing to embark on a journey to Ukraine and Russia later this week, as they bid to engage their counterparts in both countries in peace talks…

13 June 2023
Al Jazeera
Who is Folashodun Shonubi, Nigeria’s new central bank chief?
Over the weekend, President Bola Ahmed Tinubu announced the appointment of Folashodun Shonubi as the interim governor of the Central Bank of Nigeria (CBN). Shonubi’s appointment followed the suspension and arrest of former Governor Godwin Emefiele by the secret police, with the presidency citing an “ongoing investigation of his office and the planned reforms in the banking sector”…

BusinessDay
Yam, rice, garri prices surge by 200% under Emefiele
Despite the disbursement of ₦1.09 trillion in eight years by the Central Bank of Nigeria (CBN) to boost staple foods production in the country, the average prices of yam, rice, and garri have risen the most during the period, according to data from the National Bureau of Statistics (NBS)…

Daily Trust
Kill him; he’s one of us
Mob lynching has become a national pastime. Last week, a celebrated Nigerian author shared a chilling story of how a man was lynched in Abuja on the false suspicion that he stole a woman’s phone. The woman later found her phone, but the man lost his life to the mob…

12 June 2023
Financial Times
Nigeria’s foray into economic orthodoxy cheers investors
Early moves by Nigeria’s new president to put the country on a more orthodox economic trajectory have been praised by investors who are hopeful that Africa’s most populous country has passed an important inflection point…

Le Monde
Nigeria Air, « fausse » compagnie aérienne et vrai scandale de l’ère Buhari
Ce qui devait être l’un des symboles de la fin de mandat de Muhammadu Buhari sera peut-être l’un des derniers scandales de sa présidence à la tête du Nigeria. Le 26 mai – trois jours avant le terme officiel du chef de l’Etat sortant – les responsables du ministère de l’aviation ont dévoilé en grande pompe le « premier avion » floqué aux couleurs de Nigeria Air…

Our Sunday Visitor
Priest shot in the back in Nigeria seen as tragic addition to ongoing Christian persecution in country
The killing of Father Charles Igechi June 7 is further evidence of Christian persecution in Nigeria, Church officials in the country say. The priest was on his way to St. Michael College in Ikhueniro, where he was assigned, when unidentified gunmen swooped in and shot him in the back…

10 June 2023
Punch
Mob attack survivors recount narrow escape
For Omozemoje Umakhile, March 20, 2018, remains an unforgettable day. He had no inkling of the grave danger ahead when he woke up that morning…

TechNext
The many ‘crimes’ of former CBN governor, Godwin Emefiele
President Bola Ahmed Tinubu has suspended Godwin Emefiele as the Governor of the Central Bank with immediate effect. This was announced on Friday by the office of the Secretary to the Government of the Federation (SGF) in a statement signed by the Director of Information, SGF office, Willie Bassey…

9 June 2023
Christian News
Catholic priest killed by gunmen in Nigeria hadn’t yet served one year
A priest killed by unknown gunmen in Nigeria was less than one year into his ordained ministry. The death of Fr Charles Igechi was announced “with deep sadness and sorrow in our hearts” by the Catholic Archbishop of Benin Diocese, Akubeze…

7 June 2023
Africa Confidential
Ending fuel subsidies, Tinubu takes on traders and the unions
Within hours of President Bola Ahmed Tinubu proclaiming ‘the end of fuel subsidies’ at his inauguration on 29 May, the pump price for gasoline had almost tripled at filling stations across the country…

6 June 2023
Human Rights Watch
Nigeria: No Justice for Civilians Killed in Airstrike
The Nigerian authorities have provided little information and no justice for a military airstrike on January 24, 2023, that killed 39 civilians and injured at least 6 others…

5 June 2023
BusinessDay
Emdee Tiamuyu: The BBC interview sealed the fate of many intelligent Nigerians
The news that Nigerian students will now face new restrictions on moving to the United Kingdom (UK) with their families even for studies has devastated so many…

ICIR
Things Tinubu must do to address insecurity – Stakeholders
Bola Tinubu has been sworn into office as the President of Nigeria and as he takes over the leadership mantle, some stakeholders have proffered solutions to the myriad of security challenges confronting the country…

Pulse
National Orientation Agency caught sleeping amid fuel subsidy controversy
Since President Bola Ahmed Tinubu declared his administration’s position on fuel subsidy on Monday, May 29, 2023, Nigerians have been looking up to the federal government for explanations and clarifications on the issue as petrol prices increased from ₦185 to over ₦600 24 hours after the president’s pronouncement…

Punch
Tinubu: Restoring peace in a country at war
Nigera is at war. Boko Haram and ISWAP Islamic terrorists, killer herdsmen, kidnappers and bandits and terrorists wearing the toga of separatism have laid waste to many communities across the country, creating a huge humanitarian and internally displaced persons crisis…

4 June 2023
Journalist 101
Peter Mbah: Rescuing Enugu From The Scourge Of Self-inflicted Sit-at-home Menace
Since the advent of the sit-at-home order by a group of non state actors—the Indigenous People of Biafra (IPOB)—on August 9, 2021 in the Southeast zone of Nigeria, innocent people from the five states that constitute the zone had been brutally murdered in the most callous manner. It’s a case of brother killing brother…

Leadership
Fuel Subsidy Removal: Stakeholders See Long-term Benefits Despite Initial Pains
Subsidies were first introduced in Nigeria in the 1970s as a response to the Oil Price shock of 1973 as the situation of the shock led to a global rise in oil prices and if the international rates were to be used would have made Nigerians pay more, thereby forcing the government to regulate local prices for energy products…

1 June 2023
Humangle
Fuel Subsidy Is ‘Gone’ And Food Prices Are About To Go Up
News of the intended removal of fuel subsidies took immediate effect at the pump as the price of petroleum almost tripled in some places. On May 31 fuel stations increased their prices from ₦197 to as high as ₦557 in some states…

University World News
UK dependants policy: Nigerians to look at other destinations
The United Kingdom’s new policy that curbs the number of dependants that international students are allowed to bring along when pursuing their studies in UK universities is not going down well with Nigerians and may force them to seek alternatives, University World News has learnt…