Nigeria News: Check Out Latest Nigeria Newspaper Headlines For Today, Sunday, July 5th, 2020

 

AllNews Nigeria brings you top news compilations and roundup of the top Nigerian newspaper headlines online for today, Sunday, July 5th, 2020.

1. COVID-19: 603 New Cases Recorded

The Nigeria Centre for Disease Control (NCDC) has recorded fresh 603 coronavirus cases in the last 24 hours, bringing the total number of cases in Nigeria to 28,167.

2. Political Movement Reacts To Falana, Agbakoba, Sani Not Being Consulted, Names Steering Council Members

Following media reports of the newly formed movement being dead on arrival with some listed eminent Nigerians saying they weren't consulted before its launch, the National Consultative Front (NCF) has said it is not unmindful of "state agents and Fifth columnists, who will desperately want to break our ranks and truncate this historic intervention for their selfish interests".

3. Sheik Usman Exposes Boko Haram, Explains Why Muslims Must Fight Jihad Against Insurgents

Controversial scholar of the Islamic Sufi group known as the Tijaniyyah in Nigeria, Sheik Dahiru Usman Bauchi has pointed out that it is pointless for government to negotiate with Boko Haram because the terrorists belong to the Izala sect whose leader and Albani of Zaria, Jafar Adamu, swore in one of his sermons that Boko Haram will not end.

4. Hushpuppi’s Other Scams Exposed, Was About 'Swindling English Premiership Club $124m' Before Arrest

The United States Justice Department has disclosed that suspected Nigerian fraudster, Ramon Olorunwa Abbas, better known as Hushpuppi, would have by now gone far in his plot to swindle an English premiership club of £100 million (approximately $124 million) before his arrest by the Dubai Police on June 10, 2020.

5. Wife, Son Of Benue State Governor Test Positive For Coronavirus

The wife of the Governor of Benue State, Eunice Ortom, has announced that she, her son, and some staff have tested positive for the coronavirus.

6. CBN Devalues Naira To N380 Three Months After First Devaluation

The Central Bank of Nigeria (CBN) has reportedly devalued the naira again, three months after the last devaluation took Naira from N307 to N360 a dollar. The CBN devalued the naira at one of its currency auctions for importers on Friday. The devaluation of naira occured weeks after the CBN announced it will end the era of multiple exchange rates in Nigeria.

7. CBN Deducts Customers Deposits From Access Bank, GTBank, 12 Other Banks

The Central Bank of Nigeria (CBN) deducted N118 billion from Access Bank, GTBank, Zenith Bank and 11 other Nigerian banks. The debit was for Cash Reserve Ratio (CRR) compliance - the N118 billion is an amount deducted from customers deposits with banks which the lenders are expected to leave retained with the CBN.

8. Nigeria Spent N609.13bn In Three Months To Pay Domestic Debt

Nigeria spent N609.13 billion in three months to service domestic debt, AllNews can confirm. The Federal Government spent the amount between January and March 2020, with the country expected to spend all generated revenue this year on debt interest payments.

9. NNPC COO Resigns A Month After Corporation Reveals Significant Revenue Loss

The Chief Operating Officer (CCO ) of Nigerian National Petroleum Corporation (NNPC) for Ventures and Business Development, Roland Ewubare, has resigned from his position. His resignation comes a month after it was revealed that NNPC spent over N58 billion on refineries only to generate N2 billion revenue.

10. I Do Not Have Houses Overseas - Isa Pantami Denies Social Media Rumour

The Minister of Communications and Digital Economy, Isa Pantami, is making it clear that he has not "purchased a single property anywhere in the world."

These are the top Nigerian newspaper headlines this morning. Visit our website www.allnews.ng for more latest news in Nigeria and around the world.