Good morning.  Here is today’s summary from Nigerian Newspapers:

1. Drama ,Intrigue As INEC Conducts Bye and Rerun Elections

* APC Candidate, Fuad Laguda Replaces Gbajabiamila In House Of Rep
* CAN Clears Rumour Of Pressuring SDP Candidate To Step Down In Taraba
* INEC Postpones Elections In 18 Polling Units After Staff Held Hostage in Plateau
* Elections Sspended  In Enugu, Kano, Akwa Ibom Constituencies[
It was an endless drama in different parts of Nigeria as bye and rerun election held. The states involved were slightly volatile but there were much intrigues involved. READ MORE: https://matrixngr.com/2024/02/03/drama-intrigue-as-inec-conducts-bye-and-rerun-elections/

2. Ribadu Puts Embargo On Wearing of Camouflage Uniforms

* Bans NSCDC, Immigration, Prison Service 

Federal Ministry of Interior has been instructed by Nuhu Ribadu, the National Security Adviser (NSA), to promptly remove all camouflage uniforms from security and law enforcement institutions that fall under its purview. READ MORE https://matrixngr.com/2024/02/03/ribadu-puts-embargo-on-wearing-of-camouflage-uniforms/

3. PDP Appoints Toyese as National Vice Chair South-West

The National Working Committee of the Peoples Democratic Party has unanimously appointed Ajisafe Toyese from Osun State as the party’s National Vice Chairman for South-West. READ MORE https://matrixngr.com/2024/02/03/pdp-appoints-toyese-as-national-vice-chair-south-west/

4. AFCON 2023: 10-man Ivory Coast defeat Mali 2-1 

Ivory Coast won Mali with 9-man to qualify for the semi final for the on going   CAF AFCON 2023 in Ivory Coast. READ MORE https://matrixngr.com/2024/02/03/caf-afcon-2023-10-man-ivory-coast-defeat-mali-2-1/

5. Anyone Who Attempts to Interfere With Nigeria’s Traditional Rulers will Not Find Peace-Adeboye

Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG), has said that those responsible for the kidnapping and killing of traditional rulers in the country will face the  wrath of God. READ MORE https://matrixngr.com/2024/02/03/anyone-who-attempts-to-interfere-with-nigerias-traditional-rulers-will-not-find-peace-adeboye/

6. War In Osun Ruling Houses Over Traditional Ruler’s Stool

Osun State's Ekosin town's ruling house members have pleaded with governor Ademola Adeleke not to give Kasali Olagunju, the town's new Akosin, the Staff of Office. READ MORE https://matrixngr.com/2024/02/03/war-in-osun-ruling-houses-over-traditional-rulers-stool/

7. ISWAP Fighters Storm Borno Police Station, Kill Four Cops

Suspected terrorists thought to be militants from the Islamic State of West Africa Province stormed a police station in the Nganzai Local Government Area of Borno State, four officers are reported to have been murdered and a cache of munitions taken. READ MORE https://matrixngr.com/2024/02/03/iswap-fighters-storm-borno-police-station-kill-four-cops/

8. Tinubu Assures Youth On Students Loan

* Says Loan Will End Incidents Of Drop Outs 

The student loan program, according to President Bola Ahmed Tinubu, will successfully address the problem of impoverished students quitting school. READ MORE https://matrixngr.com/2024/02/03/tinubu-assures-youth-on-students-loan/

9. CBN Refute Plan To Convert $30bn Account To Naira

Adopts New Cash Reserve Requirement Structure
The Federal Government and Central Bank of Nigeria (CBN) has cleared the air on certain reports claiming that plans has been made  to swap foreign currency in depositors' domiciliary accounts for naira READ MORE https://matrixngr.com/2024/02/03/fg-cbn-refute-plan-to-convert-30bn-account-to-naira/

[b]10.  CBN Adopts New Cash Reserve Requirement Structure
[/b]On Saturday 03, February 2024, the Central Bank of Nigeria (CBN) announced a significant shift in its monetary policy by implementing a revamped Cash Reserve Requirement (CRR) mechanism. This move brings an end to the practice of daily CRR debits, according to a communication from Adetona Adedeji, the Acting Director of the Banking Supervision Department. READ MORE https://matrixngr.com/2024/02/04/cbn-adopts-new-cash-reserve-requirement-structure/