By Ogungbayi Adeyemi S. | adeyemi@ddnewsonline.com
Editor, DDNews |
NIGERIA NEWS
Obasanjo Flags Off “Lagos to the World” Cancer Awareness Expedition in Abeokuta
Former President Olusegun Obasanjo launched the expedition in Ogun State to raise awareness on cancer screening and early detection across Nigeria and the diaspora.
Tinubu Says Reforms Stabilising Economy Despite Hardship
President Bola Tinubu said Nigeria has stabilised and is moving forward, citing record stock market at 250,000 points, rising reserves to $50.027bn, and 2,700km of roads under construction.
Naira Holds Steady at ₦1,375/$ Official, ₦1,378-₦1,390 Parallel Market
CBN data shows the naira maintained relative stability May 29. Official NFEM rate at ₦1,375.41/$ while black market trades ₦1,378 buy / ₦1,390 sell.
NGX Transitions to T+1 Settlement Cycle Today
Nigerian capital market officially moves from T+2 to T+1 settlement from June 1, 2026 to improve liquidity, reduce risk and align with global markets.
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Gov Makinde Reassures Families of Abducted Oriire Pupils & Teachers
Oyo State governor says administration is doing everything within its power to secure release of abducted pupils and teachers.
IGP Disu Urges Responsible Sharing of Police Videos
IGP Olatunji Disu warned that misuse of police videos can weaken officer morale, distort public perception and hinder security operations.
POLITICS / AFRICA NEWS
Peter Obi Pledges Partnership-Based Govt, Promises Kwankwaso Active Role
Obi assured running mate Rabiu Kwankwaso would play an active leadership role, not ceremonial, if elected.
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Atiku Meets Mohammed Hayatu-Deen in Lagos for ADC Reconciliation
ADC presidential candidate Atiku Abubakar met Hayatu-Deen to reconcile party after disputed primaries and complaints of irregularities.
Myanmar Explosion Kills Over 40, Injures 70
Over 40 killed and 70 injured after explosion in building storing mining explosives. Probe underway.
Trump Warns Iran, Says US-Iran Close to ‘Very Good Deal’
President Trump stressed any deal must guarantee Iran will not possess nuclear weapons, while warning of military action if talks fail. He also sent changes to proposed peace deal back to Iran after advisers’ meeting.
Pro-Trump Abelardo de la Espriella Faces Petro Ally Iván Cepeda in Colombia Runoff
June runoff election could redefine Colombia’s relations with the US.
GLOBAL NEWS
French Open: First-Time Women’s Champion Expected, Two Ukrainians in Contention
There will be a first-time women’s champion this year, with two Ukrainian players among strongest contenders. Defending champ Coco Gauff and world No.1 Aryna Sabalenka in action.
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World Cup 2026 Kicks Off June 11 Across US, Mexico & Canada
48 teams, 4 games daily for 2 weeks. Goldman Sachs gives England 5% chance; Spain 26%, France 19%.
Strait of Hormuz Remains Closed, Oil at $93.40/barrel
Brent up 2.5% to $93.40 amid Gulf tensions. Shipping at a trickle with only 2 tankers outbound May 30 vs pre-war 136 daily.
EXCHANGE RATES & STOCKS
Naira vs Dollar: Official ₦1,375.41/$, Parallel ₦1,378-₦1,390
CBN reports naira stable despite global tariff war and Middle East tensions. Reserves at $50.027bn, highest in 13 years.
NGX All-Share Index at 23,547.75, Down 359.40 Points
Market cap hit N129.21 trillion in Q1 2026, up N29.83 trillion YTD. NGX Group CEO says equity market cap now N159.73 trillion.
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EV Two-Wheelers Surge 58% YoY in Nigeria
Registrations hit 1.64 lakh units in May 2026, driven by fuel supply concerns linked to West Asia crisis.
ENTERTAINMENT NEWS
Marilyn Monroe 100th Birthday: Iconic Pink Dress Heads Major Auction
Hollywood marks 100 years with exhibit at Academy Museum and Julien’s Auctions sale of 200 memorabilia pieces June 4.
House of the Dragon Season 3 Premieres June 21 on HBO
Targaryen civil war action starts with “Battle of the Gullet” episode. Season 4 set for 2028.
Ariana Grande Returns to Touring June 6 with “Eternal Sunshine Tour”
First full-scale tour in 7 years, blending hits “We Can’t Be Friends” with new album Petal.
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SPORTS NEWS
RCB Retain IPL 2026 Title, Kohli’s 75 Seals 5-Wicket Win Over GT
Virat Kohli scored unbeaten 75 off 42 balls as RCB chased 156 to defend title. Vaibhav Sooryavanshi won Orange Cap.
Arteta Admits PSG Are “Best Team in the World” After UCL Final Penalty Loss
Arsenal coach said PSG were best after his team fell to defeat in final on penalties Saturday. Over 400 arrested as PSG celebrations turned violent across France.
Super Eagles Beat Jamaica 3-0 to Retain Unity Cup
Nigeria retained Unity Cup ahead of World Cup 2026. Team flies out to Warsaw for Poland friendly.
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