Nigeria Today: Top 5 News Stories, Monday, Oct 24, 2016

1. Dangote sacks 36 expatriate and 12 Nigerian workers as recession continues to grapple Nigeria’s economy.
2. A civil society organisation, Socio-Economic Rights and Accountability Project, (SERAP), has challenged the Chief Justice of Nigeria to speak out on the recent case of allegations against the Minister of Transportation, Mr Rotimi Amaechi by one of the Justices of the Supreme Court.
3. Access Bank successfully raises $300 million via a Eurobond from the international market.
4. The Federal Government appeals to the African Development Bank to fast-track the $1billion loan facility it pledged to the country as support for the 2016 budget, a loan which is expected to cover 35% shortfall in the 2016 budget.
5. Cross River State Governor Ben Ayade inaugurates the commencement of the 2016 Calabar Carnival; this will be the 12th annual carnival in what is known as Africa’s largest street party.

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