Latest news: Top headlines for Saturday, June 22, 2024

Start Your Day Right with Topnaija’s Morning Roundup. Get the latest news headlines from Nigerian newspapers for Saturday, June 22, 2024, exclusively on www.topnaija.ng Stay informed with the latest in local and global news.

Finance Minister announces 90 per cent completion of AKK gas pipeline project

The Ajaokuta-Kaduna-Kano (AKK) gas pipeline project has reached a significant milestone, achieving 90% completion, according to the Minister of Finance and Coordinating Minister for Economy, Wale Edun.

This announcement was made during an inter-ministerial visit to the project’s River Kaduna HDD crossing site in Kaduna State on Friday. Read more here.

Strict rule Michael Olise cannot break at Munich

Crystal Palace winger Michael Olise is on the brink of joining Bayern Munich, a move that comes with a unique set of regulations, including a strict car rule enforced by the German club.

The Athletic reports that Olise has chosen Bayern over offers from Chelsea and other Premier League giants, with negotiations now underway to finalize his transfer. Read more here.

Gov. Bassey Otu appoints new chairman for Cross River State council of chiefs

Governor Bassey Otu of Cross River has appointed His Royal Majesty, Ovai Solomon Edward, the Paramount Ruler of Abi Local Government Area, as the new Chairman of the State Council of Chiefs. The announcement was made in a statement by Prof. Anthony Owan-Enoh, Secretary to the Government of Cross River, on Friday.

This appointment follows the dissolution of the previous council on June 14, whose tenure had expired years ago. The State House of Assembly had earlier passed a resolution calling for a change in the leadership of the council due to the extended term of the former chiefs. Read more here.

Manchester United hierarchy still hold a ‘grudge’ with Ten Hag

Despite Manchester United setting manager, Erik ten Hag for a new contract extension at the club, it may not be happy waters between both camps.

Manchester United officials are reportedly displeased with manager Erik ten Hag after he disclosed details of a private meeting during his holiday in Ibiza. According to The Sun, senior figures at Old Trafford are furious that ten Hag revealed the specifics of their conversation, which had been intended to remain confidential. Read more here.

Stock Market Report: Tier-one banking stocks drive N56 billion loss in market value

The stock market experienced a significant decline on Friday as losses in tier-one banking stocks pushed market indices into negative territory, resulting in a N56 billion loss for investors.

Major sell-offs in the stocks of Guaranty Trust Holding Company (GTCO), Zenith Bank, FBN Holdings, Fidelity Bank, Wema Bank, Nestle, and African Prudential were primarily responsible for the downturn. Read more here.

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