By Ogungbayi Adeyemi S. | adeyemi@ddnewsonline.com
Editor, DDNews |
National News
Nigeria Records Highest Fuel Price Hike Globally: Nigeria has seen the sharpest increase in petrol prices worldwide, with prices ranging from N1,130 to N1,350 per litre, amidst the Middle East war.
Nigeria, UK Sign Deal for Deportation of Failed Asylum Seekers: Nigeria and the UK have signed an agreement to repatriate thousands of failed asylum seekers and convicted offenders.
At Least 80 Insurgents Killed in Borno Base Assault: Nigerian troops have repelled an attack on a military base in Borno, killing at least 80 insurgents.
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Nigeria Now 4th Global Terror Epicentre: Nigeria has been ranked the 4th most terrorism-affected country globally, sparking criticism of the Tinubu government’s security measures.
UK and Nigeria Agree Billion-Dollar Export Finance Deal: The UK and Nigeria have signed a £746 million deal to refurbish ports.
- Nigeria has been ranked the 4th most terrorism-affected country globally, sparking criticism of the Tinubu government’s security measures.
- The African Democratic Congress (ADC) has blamed the government for failing to secure the country, citing increased attacks and civilian casualties.
- Nigeria and the UK have signed a £747 million deal to refurbish two major ports, part of a broader effort to strengthen trade ties.
- President Tinubu has emphasized the need for Nigeria and the UK to nurture their trade and economic relationship.
African News
Nigeria Records Highest Civic Freedom Violations: Nigeria has recorded the highest civic freedom violations in West Africa, with 332 cases, representing 41% of the total incidents, according to a report by Spaces for Change (S4C).
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Rwanda and Congo Agree to De-escalate Tensions: Rwanda and the Democratic Republic of Congo have agreed to take steps to de-escalate tensions, following a meeting in Washington hosted by the US.
UK Cuts Funding for Africa: The UK has announced plans to scale back international aid funding across much of Africa, prioritizing countries affected by conflict.
Global News
Iran War Energy Shock: The Iran war has sparked a global energy crisis, with oil prices surging above $100 a barrel and policymakers rethinking ways to reduce dependence on oil and gas imports.
EU Calls for Moratorium on Energy Strikes: The European Union has called for a moratorium on military strikes on energy and water facilities in the Middle East, amid growing concerns about the impact of the Iran war on the global economy.
Global Markets React: Global markets have reacted to the Iran war, with stocks tumbling and energy prices soaring.
International News
US and UK in Talks: The US and UK are in talks to boost trade and security ties, with President Tinubu of Nigeria pushing for a rock-solid economic and security alliance between Nigeria and the UK.
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Israel-Iran Conflict Escalates: The conflict between Israel and Iran has escalated, with Israel launching a fresh wave of attacks on Iran, following Iran’s retaliatory attacks on energy infrastructure in Qatar and Saudi Arabia.
Arab and Islamic Countries Condemn Iran: 12 Arab and Islamic countries have condemned Iran’s “heinous” attacks, denouncing missile and drone strikes on civilian infrastructure.
Stock Exchange News
SEC, NGX to Review Free Float Thresholds: The Securities and Exchange Commission (SEC) and Nigerian Exchange Limited (NGX) are reviewing free float thresholds to enhance market liquidity and attract investors.
Gains in MTN, DANGCEM Lift Market: The Nigerian stock market rose by 1.55% due to gains in MTN Nigeria, Dangote Cement, and other stocks.
NGXASI Slides: The NGX All-Share Index (ASI) dropped by 0.69% due to selling pressure in some stocks.
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Exchange Rate News
Pound to Naira Exchange Rate: The Pound Sterling traded at ₦1,813.10 in the Nigerian Foreign Exchange Market (NFEM).
Dollar to Naira Exchange Rate: The US Dollar traded at ₦1,352.89, showing a slight appreciation of the Naira.
Naira Strengthens: The Naira has shown stability against major currencies, supported by the Central Bank of Nigeria’s (CBN) improved liquidity management and $50 billion in external reserves.
Vitafoam Nigeria PLC: ₦117.00
Scoa Nigeria PLC: ₦22.65
Cadbury Nigeria PLC: ₦69.95
MTN Nigeria: ₦758.00
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Entertainment News
- Adekunle Gold was spotted with Mia Khalifa and 2 Chainz at Paris Fashion Week 2025, stirring up reactions from Nigerians.
- Oil Money, a popular Nigerian entrepreneur, has confirmed the end of his one-year rift with a Nollywood actress, citing mutual respect and maturity.
- Rema and Damson Idris have been nominated for the 2026 Netizens Choice Most Handsome Men Alive Survey.
Fashion and Style News
- Lagos Fashion Week SS26 showcased stunning collections from over 60 designers, highlighting creativity and culture.
- Brown was a dominant color on the runway, proving it’s not just a dull hue.
- Metallics and iridescents were also trending, symbolizing tech and futurism.
- Designers like Hertunba, Sevon Dejana, and Ibilola Ogundipe showcased exaggerated hips, adding drama to their pieces.
- Beadwork and fringe were also prominent, adding texture and movement to outfits.
Veekee James, known for intricate beading and sculpted silhouettes
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Loice Nkundlande, advocating for internal beauty and African luxury
Hertunba, showcasing stunning, body-hugging pieces with cowries and fringe
Sport News
Nigeria’s Super Eagles Squad Announcement: Coach Eric Chelle has unveiled a 23-man squad for Nigeria’s upcoming international friendly matches against Iran and Jordan, with notable absentees including Victor Osimhen and William Nwabali.
AFCON 2025 Controversy: Nigeria head coach Eric Chelle has reacted to the Africa Cup of Nations (AFCON) final controversy, backing the Confederation of African Football (CAF) decision to strip Senegal of the title and award it to Morocco.
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Lagos Swimming Trials 2026: The Lagos State Sports Commission has launched the 2026 Swimming Trials, aiming to identify and nurture young swimming talents.
Nigeria’s Athletics Training: Nigerian athletes are intensifying their training for the Commonwealth Games, with a structured training camp in Asaba.
UCL: Lookman Eager to Face Barcelona: Ademola Lookman is excited to face Barcelona in the UEFA Champions League quarter-finals.
Liverpool vs Galatasaray: Liverpool head coach Arne Slot admitted that Victor Osimhen’s absence made it easier for the Reds to beat Galatasaray.
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