By Ogungbayi Adeyemi S. | adeyemi@ddnewsonline.com
Editor, DDNews |
Nigeria News
- FAAC Shares May Revenue Among FG, States, LGs
The Federation Account Allocation Committee shared revenue from May 2026, with the Federal Government, states, and local government councils receiving more than two trillion naira. This marks a rise from April’s allocation, driven by higher statutory revenue collections. The cost of collection and transfers were deducted before sharing. - FG Begins Nationwide Digital TV Switchover Tomorrow
The Federal Government confirmed the Digital Switch Over project rolls out nationwide from June 17, 2026. The Minister of Information said the move from analogue to digital will transform broadcasting, advertising, and audience measurement across Nigeria and sub-Saharan Africa. - Court to Rule on PRNigeria Founder’s NIPSS Suit Today
The Federal High Court, Abuja, is set to deliver judgment today in the suit by PRNigeria founder Yushau Shuaib challenging his withdrawal from NIPSS Senior Executive Course 47. He is seeking reinstatement and damages for emotional and reputational harm. - Microsoft Urges Nigeria to Operationalise AI for Impact
At the AI Summit Nigeria in Abuja, Microsoft called on Nigeria to move from policy to implementation on Artificial Intelligence. The focus is on fairness, safety, privacy, and measurable outcomes in government and industry. - NGX Opened June With Sharp Decline Despite T+Plus One Launch
The Nigerian Exchange started June 2026 down after the historic shift to T+Plus One settlement. The All-Share Index fell, erasing over a trillion naira in market capitalization, as industrial and banking stocks led losses.
African News
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- UN Warns Famine Risk Rises in Northeast Nigeria, Somalia, Sudan
A new FAO-WFP Hunger Hotspots report warns acute food insecurity will worsen between June and November 2026. Northeast Nigeria, Somalia, Sudan, South Sudan, Yemen and Palestine are at highest concern, with conflict and funding cuts driving the crisis. - Gunmen Attack Niger’s Biggest Airport, Dozens Killed
Thirty-five people were killed as gunmen attacked Niger’s biggest airport, with gunfire erupting near the airport in the capital. The attack marks a serious escalation of insecurity in the Sahel. - Ghana to Host Global Reparations Summit From June 17
Ghana is hosting a high-level Next Steps Conference on Reparatory Justice in Accra from June 17 to 19, under President John Mahama as AU Champion on Reparations. The summit aims to turn a recent UN resolution into coordinated global action. - Malawi Appeals for Help as Thousands Shelter in Durban
Malawi is appealing for donations to repatriate about ten thousand nationals sheltering at Sherwood Hall in Durban after xenophobic tensions in South Africa. Women and children are being prioritised for transport home. 8446230d f686
International / Global News
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- US-Iran Talks Planned in Switzerland Today After MoU Signing
Initial negotiations between the United States and Iran are planned at the Buergenstock resort in Switzerland today, following a ceasefire agreement signed this week. Mediators include Pakistan and Qatar. The deal aims to reopen the Strait of Hormuz and begin a sixty-day negotiation period. - Oil Prices Fall as Hormuz Reopens After US-Iran Deal
Oil dropped after the US and Iran signed an interim agreement to end the war and reopen the Strait of Hormuz. The deal calls for traffic through the strait to be restored to full capacity within a month, easing supply fears. - US Announces Visa Restrictions for Some Ethiopians
The US State Department announced visa restrictions targeting individuals it said were undermining peace in Ethiopia, focused on hardliners in the Tigray People’s Liberation Front and their immediate family members. - International Day for Countering Hate Speech Marked
The UN marked June 18 as the International Day for Countering Hate Speech, highlighting rising digital threats, AI misuse, and the need for safer online spaces. The day focuses on the 2019 UN Strategy and Plan of Action. 40da6a2eb04f
Stock Exchange & Exchange Rates News
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- US Markets Closed for Juneteenth; Dollar Hits One-Year High
The New York Stock Exchange, Nasdaq, and US bond market are closed today for Juneteenth. The US dollar rose sharply to a one-year high this week after the Federal Reserve held rates steady but signaled possible hikes later this year. - Asia Stocks Steady, Nikkei and Kospi Gain
Asian equities were steady as investors weighed the US-Iran peace deal. Japan’s Nikkei and South Korea’s Kospi touched fresh record highs, while oil’s drop eased inflation fears across the region. - Ringgit Exchange Rates for June 16 Published
Bank Negara Malaysia’s closing rates show the US dollar trading at just over four ringgit, the euro at about four ringgit seventy, and the pound at about five ringgit forty-five as of June 16. b52ed0a15418f5c7
Entertainment News
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- Toy Story 5 Opens in Cinemas This Weekend
Pixar’s long-awaited Toy Story 5 hits theaters today, with Buzz, Woody, and Jessie facing a new threat to playtime. The film joins Cocktail 2 and Balan: The Boy among this week’s major releases. - BET Awards 2026 Set for June 28 in Los Angeles
BET announced its first wave of performers for the BET Awards 2026, including Cardi B, Doechii, Tems, T.I., Queen Latifah, and Rick Ross. MC Lyte returns as announcer and Druski hosts. - Ghana’s Funworld June Edition Focuses on Environment
The National Theatre’s Funworld program holds today at ten am in Accra, with thirteen basic schools competing in drama, poetry, and debate on environmental sustainability for World Environment Day. 529eb3c5b1b3
Sports News
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- World Cup 2026: South Africa Keep Knockout Hopes Alive
South Africa secured a late penalty to keep knockout stage hopes alive against Czechia at the FIFA World Cup. Ghana’s Black Stars beat Panama in their opener, with Antoine Semenyo named Man-of-the-Match. - Mexico Edge Korea Republic in World Cup Group Stage
Mexico defeated Korea Republic by a goal to nil in their World Cup 2026 group match at Estadio Guadalajara on June 18. The second-half goal sealed the win. - Doha Diamond League Returns Today After Postponement
The Doha Diamond League, rescheduled from May due to Middle East security concerns, takes place today at Khalifa International Stadium. The men’s javelin features Olympic champion Arshad Nadeem and Sri Lanka’s Rumesh Pathirage, but Neeraj Chopra will miss the meet.
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