TheCable

The Punch reports that the naira rebounded against the US dollar as the local currency closed trading at N1,410/dollar at the parallel market and N1,492 at the official market. The newspaper says the meeting between the federal government and the officials of Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union (NASU) over the ongoing strike ended in a deadlock.

The Guardian reports that the federal government spent N6 trillion subsidising electricity in 10 years amid epileptic power supply in the country. The Central Bank of Nigeria (CBN) said it has successfully settled all outstanding foreign exchange (FX) obligations, the newspaper says.

Daily Trust reports that there is controversy around the list of terror financiers purportedly leaked by the Nigerian Financial Intelligence Unit (NFIU). The newspaper says Dikko Radda, the governor of Katsina, said he decided not to negotiate with bandits because he did not want them to feel the government is helpless.

THISDAY reports that Tinubu has promised that the soldiers who were killed in Okuoma community in Delta state would be given a befitting burial and national honours. Mele Kyari, group chief executive officer (GCEO), Nigerian National Petroleum Company (NNPC) Limited, said the anticipated public listing of the company’s shares at the stock market as provided for in the Petroleum Industry Act (PIA) will start soon, the newspaper says.