Nigeria newspapers news update

Here are some of the latest news updates from Nigerian newspapers:

The Punch

  1. Buhari orders probe into alleged N1.1trn oil subsidy scam: President Muhammadu Buhari has ordered a probe into the alleged N1.1 trillion oil subsidy scam in the country.
  2. FG to establish 10 new universities: The Federal Government has announced plans to establish 10 new universities across the country.
  3. Nigeria's economy grows by 2.01% in Q1 2023: The National Bureau of Statistics (NBS) has announced that Nigeria's economy grew by 2.01% in the first quarter of 2023.

The Guardian

  1. Nigeria's debt hits N44.6trn: Nigeria's total debt has risen to N44.6 trillion, according to the Debt Management Office (DMO).
  2. FG to increase VAT to 7.5%: The Federal Government has announced plans to increase the Value Added Tax (VAT) from 5% to 7.5%.
  3. Nigeria's inflation rate drops to 17.71%: The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate dropped to 17.71% in April 2023.

ThisDay

  1. Buhari signs bill to establish National Commission for Persons with Disabilities: President Muhammadu Buhari has signed a bill to establish the National Commission for Persons with Disabilities.
  2. FG to establish new police university: The Federal Government has announced plans to establish a new police university in the country.
  3. Nigeria's foreign reserves drop to $35.4bn: Nigeria's foreign reserves have dropped to $35.4 billion, according to the Central Bank of Nigeria (CBN).

Vanguard

  1. Nigeria's economy to grow by 2.5% in 2023: The International Monetary Fund (IMF) has predicted that Nigeria's economy will grow by 2.5% in 2023.
  2. FG to establish new agricultural university: The Federal Government has announced plans to establish a new agricultural university in the country.
  3. Nigeria's inflation rate drops to 17.5%: The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate dropped to 17.5% in April 2023.

Please note that these are just some of the latest news updates from Nigerian newspapers and may not be exhaustive.