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Newspaper Headlines: Nigerian bonds drop, stock market records mixed performance amid protests

Ayodeji.oluwafemi@thecable.ng'byAyodele Oluwafemi
August 3, 2024 7:00 am

Reports on the #EndBadGovernance protest across the country, especially the threat from the military to intervene, suffuse the frontpages of Nigerian newspapers.

The Punch reports that the military has threatened to intervene if violence recorded in some states during the #EndBadGovernance protest escalates. The newspaper says the ARM Pension Managers said Abisola Onigbogi, its executive director technical, who was accused of raping a female colleague, has been placed on administrative leave amid a probe into the case by the organisation.
THISDAY reports that #EndBadGoverance protests continued peacefully on the second day in Lagos and other states, but four people got injured in Abuja. The newspaper says Nigerian bonds have dropped as a result of the protest.
Vanguard reports that Babajide Sanwo-Olu, governor of Lagos, has urged residents to ignore calls for the forced eviction of Igbos from Lagos and other south-west states.
The Nation reports that Muhammadu Sanusi, Emir of Kano, has appealed to protesters not to be used to destroy the state. The newspaper says the Nigerian Education Loan Fund (NELFUND) has approved N2.5 billion for disbursement to 22,120 students.

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