The confirmation of the appointment of Mr. Godwin Emefiele as Governor of Central Bank of Nigeria (CBN) for a second and final term of five years dominates the headlines of Nigerian newspapers on Friday.
ThisDay newspaper reported that the Senate on Thursday confirmed the reappointment of Mr. Godwin Emefiele as governor of Central Bank of Nigeria (CBN) for a second and final term of five years.
It added that Emefiele’s confirmation was sequel to the presentation of the report of the Senator Adebayo Ibrahim-led Senate Committee on Banks, Insurance and other Financial Institutions that screened him on Wednesday.
President Muhammadu Buhari had on May 8 submitted the name of Emefiele to the Senate for the renewal of his second and last five-year tenure as CBN governor.
The Guardian said that June 12, the date in the nation’s history when the acclaimed freest and fairest election was conducted in 1993, is now the National Democracy Day.
The newspaper noted that with an expressed endorsement yesterday by the Senate of a bill earlier passed by the House of Representatives to that effect, June 12 has become fully immortalised, after about 26 years of agitation for the date to be accorded this recognition.
According to the report, the National Holiday Act has been amended to move Nigeria’s Democracy Day from May 29 to June 12.
The Punch said that five oil workers have been abducted by a group of gunmen, who invaded an operation site of an indigenous oil firm, Belemaoil, in the Akuku-Toru Local Government Area of Rivers State.
The report said that the gunmen had accosted their victims while they were working on an oil installation on the high sea before whisking them away in a speedboat.
According to a statement by the company, Belema Oil Producing Limited, the workers were seized within the OML 55 operational area of the oil firm in Akuku-Toru.
The Leadership said that the Raw Materials Research and Development Council has on Thursday presented 14.5 tons of cotton seeds to farmers in the North West zone of Nigeria.
The report added that the director general of the raw materials research and development council RMRDC, Professor Hassan Doko Ibrahim, said this at the occasion of improved cotton seed presentation to the national cotton association of Nigeria (NACOTAN) for 2019 planting season.
The Nation newspaper said that MTN Nigeria Communications Plc has risen by the maximum daily allowable price gain of 10 percent by mid-day trading at the Nigerian Stock Exchange (NSE), chalking up a whooping N201. 47 billion capital gains in second day of trading at the stock market.
MTN Nigeria on Thursday listed by way of introduction 20.35 billion ordinary shares at N90 per share.
The Nation’s check indicated that MTN Nigeria share price, which rose by 10 percent or N9 on Thursday, has also risen by the same maximum percentage, adding N9.90 to close now at N108.9 per share.
GIK/APA