🇳🇬 NEWSPAPER REVIEW: NIGERIAN PAPERS 🇳🇬
Kicking off with This Day newspaper. Six trends to watch out for in the Edo State governorship race. From the Olumide Akpata Factor, to the Oba of Benin factor to the power of incumbency, This Day analyses a number of things to look out for as Edo heads to the polls.
The Punch Newspaper report that the military has manned state boundaries, with the EFCC going after vote buyers. And the Vanguard headline: make the governorship poll credible – as the Edo gubernatorial elections are set to take place.
The Daily Independent also turns to Edo State, as voters prepare to file out, tensions are increased and security is heightened. There are already allegations of bias against INEC – the independent electoral committee – with the PDP alleging the refusal of INEC to change the Edo State Resident Electoral Commissioner, who is said to be related to FCT Minister Nyesom Wike.
And let’s turn to the New Telegraph headline now: “CAMPAIGNS HAVE ENDED”, INEC tells parties as brothers go to war. The commission has been urged to maintain neutrality and material’s distribution has begun.
Also on the front page of New Telegraph today, President Bola Tinubu has shelved this years United Nations General Assembly, putting domestic issues at the forefront of his priorities. He has directed Vice President Kashim Shettima to lead Nigeria’s delegation.
One domestic issue of great concern right now are the recent floods. The headline of Daily Trust sheds light on this as Maiduguri flood victims are said to be in a dilemma. The paper reports that the decision by Borno State to shut down relief camps for displaced people has thrown some families into confusion, with survivors fearing that this decision by the government will only create a bigger problem.
🌍 NEWSPAPER REVIEW: AFRICAN PAPERS 🌍
A spotlight on Ghana now – Daily Graphic – as Chairperson of the Electoral Commission states that the commission won’t compromise elections. Ghana decides this December.
🌏 NEWSPAPER REVIEW: INTERNATIONAL PAPERS 🌏
Let’s take this story from the Financial Times. The S&P 500 break a record as investors pile in following the Federal Reserves jumbo rate cut. The Wall Street benchmark index jumped as much as 1.9%. Lower interest rates have boosted stocks particularly in high growth sectors like the tech sector. Before the cut earlier this week on Wednesday, US rates had been at their highest since 2001. Bitcoin also jumped 5.3% with economists maintaining that lower interest rates can benefit emerging markets. Due to reducing the cost of dollar financing and other costs.
And an image on the front page of the Financial Times of a story we’ve just discussed with people watching a live speech by the leader of Hizbollah in a café in Beirut, Lebanon.