TheCable

The Punch reports that the presidency said some persons are leveraging the economic situation in the country for their political gain. The newspaper says the private sector and economists have predicted fresh job losses and recession due to hike in interest rate.

Daily Trust reports that the Nigeria Labour Congress (NLC) has suspended its two-day nationwide protest that started yesterday. The newspaper says the Central Bank of Nigeria (CBN) has announced its decision to sell foreign exchange worth $20,000 to each eligible Bureau De Change operator across the country.

The Guardian reports that mixed reactions have trailed the planned implementation of the Stephen Oronsaye report, which recommends the merging and scrapping of federal government agencies and departments. The newspaper says five persons have been reported dead in the building collapse at the Oduigbo section of Ochanja market in Onitsha south LGA, Anambra state.

The Nation reports that President Bola Tinubu has assured Nigerians that the economic situation of the country will improve. The newspaper says the Third Mainland Bridge will be closed for 24 hours to allow contractors execute rehabilitation works from 12 pm on Wednesday, February 28 to 12 pm on Thursday, 29, 2024.

THISDAY reports that the bill to amend the Central Bank of Nigeria (CBN) Act has passed second reading in the senate. The newspaper reports President Tinubu as saying that the decision to remove petrol subsidy was challenging but necessary.