Daily Juice

CBN issues exposure draft for digital financial services awareness guidelines

Herconomy Updates

Eid Mubarak to all Muslim Faithful

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Local Stories

Fuel hits N250/litre in Abuja, in others, queues spread

Some filling stations in Lagos, Abuja, Niger and other states dispensed Premium Motor Spirit between N200/litre to N250/litre on Sunday, higher than the government-approved retail price of N165/litre, as queues for the product extended to more states. Read more…

Terrorists demand N4.3bn for abducted Kaduna train hostages

Terrorists are demanding an N100m ransom for each of the 43 abducted Kaduna train passengers, who are still in their custody. Read more…

ASUU: Health workers threaten to embark on solidarity strike

Nigerian health workers have announced a threat to go on a solidarity strike in support of the demands of the Academic Staff Union of Universities (ASUU). Read more…

Court remands billionaire linked to Kyari drug deal

A Federal High Court sitting in Lagos, on Friday, remanded a Nigerian billionaire, Ukatu Mallinson, who was linked to the suspended Deputy Commissioner of Police, Abba Kyari’s alleged N3bn hard drug in the facility of the Nigerian Correctional Services. Read more…

International Stories

China crushes mass protest by bank depositors demanding their life savings back

Chinese authorities on Sunday violently dispersed a peaceful protest by hundreds of depositors, who sought in vain to demand their life savings back from banks that have run into a deepening cash crisis. Read more…

Russian rockets kill 15 in Chasiv Yar housing block, Ukraine says

At least 15 people have been killed and more than 20 are feared buried under rubble after Russian rockets struck an apartment block in Chasiv Yar, a town in eastern Ukraine, officials say. Read more…

Sri Lanka: President confirms resignation, PM's office says

Sri Lanka President Gotabaya Rajapaksa has confirmed he will be resigning, the prime minister's office has said. Read more…

Steve Bannon willing to testify at Capitol riot hearing

According to US media, former Trump strategist Steve Bannon has told the House select committee investigating the 6 January Capitol riots that he is willing to testify. Read more…

Business Matters

External reserves add $923m in 4wks, now $39.3bn

Nigeria’s external reserves have gained $923 million in the past four weeks, reversing the several months of downwards trend. Read more…

CBN issues exposure draft for digital financial services awareness guidelines

The Central Bank of Nigeria (CBN) has issued an exposure draft for the digital financial services awareness guidelines to address gaps in consumer knowledge and practices with Digital Financial Services (DFS). Read more…

Stock investors lose N139bn in one week

Investors lost N139bn at the end of trading on the floor of the Nigerian Exchange Limited last week. Read more…

IOCs to remit N400bn oil debt for July – NNPC

Five international oil companies operating in Nigeria’s oil and gas sector are to remit an outstanding balance of about N400bn to the Federation Government through the Nigerian National Petroleum Company Limited this July. Read more…

Tech Updates

Elon Musk pulls out of $44bn deal to buy Twitter

Elon Musk is seeking to end his $44bn (£36bn) bid to buy Twitter, alleging multiple breaches of the agreement. Read more…

Metro

Family releases Sound Sultan’s album one year after the death

Monday marked the first anniversary of the death of Nigerian musician, Olanrewaju Fasasi, popularly known as Sound Sultan. To commemorate the event, his family is set to release the last album the singer worked on before his demise. Read more…

Quote of the Day

"It is during our darkest moments that we must focus to see the light."
—Aristotle