Today’s top stories: Emergency!

[View this email in your browser] Emergency! They may have been listening to a bit of D’Banj at the Presidency lately, and decided to send an Emergency Economic Stabilisation Bill to the National Assembly. Given that inflation has been rising for a while, an official recession is almost certain at this point, and oil prices will remain low for the foreseeable future, it is safe to say that Nigeria’s economy is in an emergency. The bill reflects the increased focus on the economy, and [we analysed the highlights] that have been released so far. The National Assembly returns from recess in three weeks, but maybe they should take the advice of OT Genasis and ‘[Cut It]’. Your recess way too long, you need to cut it Your recess way too long, you need to cut it Cut it (8x) Eyitayo Jegede becomes PDP flagbearer The man chosen by Ondo governor Olusegun Mimiko to [take over from him] is Eyitayo Jegede, former Attorney General, who resigned on July 22nd to pursue his governorship ambition. The APC candidate will be picked this week as well, and the battle will be joined. The elections themselves happen on November 26th. Here are [7 quick facts] about the PDP candidate. Ambode approves seed funding Lagos governor Akinwnmi Ambode has [approved N15 million] as seed funding for students enrolled in the Ready. Set. Work programme. Ready.Set.Work is an entrepreneurship and employability training program for final year students of tertiary institutions in Lagos State, aimed at preparing them for economic productivity as value-creating employees or employers of labour. Editorial Our editorial this week is on the humanitarian crisis in the North-East. Read it [here]. TMB Our media blog looks at how [Cosmo Nigeria] is getting on, and wonders whether POP Central’s [audience is ready for it yet]. We ‘kwantinue’ to observe. Thanks for reading, and share this if you like it. Have a great week! Cheers! [share on Twitter] Tweet this Newsletter [Follow @YNaija on Twitter] [Join our Facebook Commmunity] [Follow @YNaijaonline on Instagram] [YNaija Website] Copyright © 2016 YNaija, All rights reserved. You are receiving this email because you opted in at our website or attended one of our events. Our mailing address is: YNaija 59, Ogunlana Drive Surulere 101283 Nigeria [Add us to your address book] Want to change how you receive these emails? You can [update your preferences] or [unsubscribe from this list]