By Ogungbayi Adeyemi S. | adeyemi@ddnewsonline.com
Editor, DDNews |
NIGERIA NEWS
CBN Holds MPC Meeting Amid Global Oil Shock
Central Bank Governor Olayemi Cardoso signaled caution on interest rate cuts, citing Iran-US conflict and oil price spikes. The MPC meets to review policy.
Atiku Demands Probe of Budget Duplication
Former VP Atiku Abubakar urged the National Assembly to investigate alleged duplicated allocations in the 2026 Appropriation Act, calling it fiscal indiscipline under Tinubu’s government.
Nigeria to Publish Poverty and Income Scorecard
Finance Ministry says it will track poverty reduction, real income and inequality to prove reforms are working, as a large share of Nigerians remain in poverty per IMF.
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Fuel Imports Jumped, Stock Improves
NMDPRA reports petrol imports rose sharply in June. Stock sufficiency improved compared to May.
AFRICA NEWS
Congo Announces Visa-Free Entry for All Africans from 2027
President Denis Sassou-Nguesso declared that from January 2027, all African nationals can enter Republic of Congo without visas to boost integration.
South Sudan: Millions Face Hunger
OCHA warns conflict, disease outbreaks and funding gaps are worsening displacement. Only a third of the 2026 humanitarian plan is funded.
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Ebola Outbreak Intensifies in Eastern DRC
Health authorities report confirmed cases across Ituri, North Kivu and South Kivu. Poor sanitation in displacement sites fuels spread amid funding shortfalls.
Cameroon Cholera Cases Rise in Far North
Cases and deaths recorded across four districts. Children are disproportionately affected amid insecurity and heavy rains.
INTERNATIONAL & GLOBAL NEWS
US Strikes Iran for Ninth Consecutive Day
US Central Command launched new strikes to degrade Iran’s ability to attack shipping. Brent crude crossed $90 a barrel for the first time in a month.
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Andy Burnham Becomes UK Prime Minister
Keir Starmer resigned and King Charles appointed Andy Burnham as Britain’s new PM. He pledged to “rewire” Britain to tackle cost-of-living and public services.
India Protests Over Paper Leaks Grow
Hundreds marched in New Delhi demanding Education Minister’s resignation. The movement began after medical entrance exams were leaked.
China Landslide Kills and Leaves Many Missing
Torrential rain in Chongqing triggered a landslide. President Xi called for scientific rescue and investigation.
STOCK EXCHANGE & EXCHANGE RATES NEWS
Asian Markets Hesitant as Oil Climbs
Brent jumped on Gulf tensions. Tech earnings from Alphabet, Intel and Tesla loom this week.
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ASML Could Become Europe’s First Trillion-Dollar Firm
After blowout Q2 earnings, analysts say AI chip demand could push ASML’s valuation past $1 trillion. Shares up sharply this year.
European Shares Inch Lower on Middle East Jitters
STOXX 600 slipped. Energy stocks rose while travel stocks fell. ECB meeting due later this week.
Nigeria Stock Market Expected to Rebound in H2
HighCap Securities CEO says stronger corporate earnings and reforms should drive recovery despite election and inflation risks.
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ENTERTAINMENT NEWS
Madonna, BTS, Shakira and Burna Boy Headline World Cup Halftime Show
First-ever World Cup final halftime show featured Madonna, BTS, Justin Bieber, Shakira and Nigeria’s Burna Boy performing “Dai Dai”.
Christopher Nolan’s “The Odyssey” Opens Big Globally
Starring Matt Damon, the film marks Nolan’s biggest global opening ever. It cost a quarter billion to make.
Davido Says Dangote Drives 2005 G-Wagon
Nigerian singer revealed billionaire Aliko Dangote hasn’t bought a new car in 20 years.
SPORTS NEWS
Spain Beat Argentina to Win World Cup 2026
Substitute Ferran Torres scored in extra time at MetLife Stadium. Spain became first nation to hold both men’s and women’s World Cup titles. Argentina failed to get a shot on target in 120 minutes.
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