Nigerian Newspapers: Top 10 Business Stories Set Off Your Thursday

Top 10 stories From Nigerian Newspapers Today, January 12, 2023

1 year ago
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Here are the top 10 stories from Nigerian daily newspapers for today, January 12 2023, on Politics, business, entertainment, and economy.

1. I‘ll Reposition Economy, Improve Security, Buhari Tells Catholic Bishops

President Muhammadu Buhari has assured that he will continue to work on repositioning the economy and improving security as he prepares to leave office on May 29 this year. Read More

2. INEC Assures That 2023 Polls Will Hold As Scheduled

The Independent National Electoral Commission (INEC) has assured that the 2023 general election will hold as scheduled.

Chairman of the Commission, Prof. Mahmood Yakubu, gave the assurance on Wednesday during a meeting with 18 registered political parties participating in the election. Read more

3. PDP Seeks Alliance With Smaller Parties

Similar to what was reported about the All Progressives Congress (APC), the Peoples Democratic Party (PDP) has moved to establish an alliance with some smaller parties as part of strategies to secure victory in the upcoming presidential election.

4. Nigeria ‘ll Hit 2.2m bpd Oil Production In 2023 – NNPC

Group Managing Director, Nigeria National Petroleum Company Limited (NNPCL) Mele Kyari, has expressed optimism that the country is capable of producing an average of 2.2 million barrels per day (bpd) in 2023.

Kyari stated this during an interview session at the 13th global UAE virtual energy forum on Wednesday.

5. NUPRC Flags Off Deep Offshore Mini-bid Round

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the beginning of the 2022 deep offshore mini-bid round with a promise that the process will be transparent.

Chief Executive, NUPRC, Mr. Gbenga Komolafe made the announcement in a statement released on Wednesday.

Komolafe noted that the development presents an opportunity to spur new exploration and drilling activities in the prospective deep waters offshore Nigeria.

6. NRC Revenue Drops By 71% In Q2 2022 – NBS Report

The total revenue generated by the Nigerian Railway Corporation (NRC) dropped by N1.48 billion in the second quarter (Q2) of 2022.

This was revealed in a report published by the National Bureau of Statistics (NBS) on Rail Transportation.

The figure represents a decline of 71 percent when compared with the first quarter of 2022.

7. More New Naira Notes Available In Banks’ ATMs, Says CBN

The Central Bank of Nigeria has assured marketers and traders that it has made the redesigned naira notes (N1000, N500, and N200) available for them through Automated Teller Machine points at commercial bank branches nationwide.

8. Labour Party Condemns Low Distribution Of PVCs Nationwide

With 43 days to Nigeria’s general election, Labour Party National leadership has called on the Independent National Electoral Commission (INEC) to intensify efforts to ensure that all distribution of Permanent Voter Cards (PVCs) to all registered voters across to enable them to participate in the election.

9. Top Enugu APC Stakeholders Boycott Presidential Rally

Key stakeholders of the All Progressives Congress (APC) in Enugu State on Wednesday boycotted the party’s presidential rally in the state, a signal of the crisis rocking the party state chapter.

10. Court Arraigns POS Operator Over Alleged theft

A 22-year-old Point of Sale ( POS) operator, Kelvin Samuel, was on Thursday docked in a Grade I Area Court, Kubwa, Abuja, for alleged theft.
The police charged the defendant with criminal breach of trust, theft, and escape from lawful custody.

Victor Ezeja is a passionate journalist with six years of experience writing on economy, politics and energy. He holds a Masters degree in Mass Communication.


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