By Ogungbayi Adeyemi S. | adeyemi@ddnewsonline.com
Editor, DDNews |
Nigeria News
FG, States, LGs Share May Revenue
The Federation Account Allocation Committee shared revenue for May 2026 at the June meeting in Abuja. The Federal Government, States, and Local Governments received allocations, with derivation revenue going to benefiting states. Gross statutory revenue for May was higher than April, while VAT revenue dipped slightly.
Nigerian Environmental Sustainability Summit Holds in Abuja
The Nigerian Environmental Sustainability Summit 2026, themed “Unlocking Nigeria’s Green Economy,” began in Abuja yesterday and runs through today. Organizers call it a landmark gathering for Nigeria’s environmental community.
Several States Declare Public Holiday for Hijrah 1448AH
Oyo, Kano, Kwara, Osun, and Kebbi States declared work-free days this week to mark the Islamic New Year. Governors urged residents to pray for peace, unity, and prosperity.
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Nigeria’s Digital Switch Over Launches Tomorrow
The Federal Government confirmed the long-delayed Digital Switch Over project will launch nationwide on June 17, 2026. The Minister of Information said it will transform broadcasting and advertising by moving from analogue to digital.
UK Court Acquits Diezani Alison-Madueke of All Bribery Charges
Former Petroleum Minister Diezani Alison-Madueke was found not guilty of six bribery charges by a London jury on Wednesday after a trial at Southwark Crown Court. The jury deliberated for over forty-six hours. She said the “nightmare is over” after an eleven-year case. Prosecutors had alleged she received “a life of luxury” in London from oil figures seeking contracts, which she denied. Her brother Doye Agama and oil executive Olatimbo Ayinde were also acquitted.
Mass Terrorism Trial Continues in Abuja
The Federal High Court fixed June 15–18, 2026, for the next phase of mass terrorism trials. Hundreds of suspects linked to Boko Haram were convicted in earlier sessions, with sentences ranging from years to life imprisonment.
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African News
UN Warns of Famine Risk in ‘Hunger Hotspots’ Including Nigeria, Sudan, Somalia
A joint UN FAO and WFP report warned that acute food insecurity could worsen between June and November 2026 in hotspots including Northeast Nigeria, Sudan, South Sudan, Yemen, Somalia, and Gaza. Conflict is the main driver.
UNISA Hosts Youth Regeneration Summit 2026
The University of South Africa opened the Youth Regeneration Summit in Pretoria yesterday, running until June 18. Delegates are pushing for African youth to be formally recognised as the AU’s “Seventh Region”.
Senegal Faces Debt Default Risk as IMF Talks Continue
Investors view a Senegal debt default as increasingly likely as Dakar holds more talks with the IMF. No deal is expected from this mission, with the Fund and Senegal at odds over debt management.
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Malawi Repatriates Thousands Fleeing South Africa Violence
Malawi launched emergency repatriation for citizens stranded in South Africa after anti-immigrant attacks. The first group arrived home on June 9, with numbers seeking help rising to about ten thousand.
International / Global News
US and Iran Sign Interim Peace Deal
US President Trump and Iran’s President signed a deal yesterday meant to end the West Asia war. Iran agreed to dilute enriched uranium for large-scale economic relief. The deal extends a ceasefire by sixty days.
Oil Prices Drop After US-Iran Deal
Oil fell to a three-and-a-half-month low this morning after the US and Iran signed the interim agreement to end the war and reopen the Strait of Hormuz. Brent and WTI crude both dropped by over two dollars per barrel.
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G7 Summit Continues in France, Focus on AI and Social Media Risks
Day two of the G7 Summit in Evian focused on security risks posed by AI and social media. PM Modi and President Trump held bilateral talks on trade, defence, and critical minerals.
UN Marks International Day for Countering Hate Speech
The UN observes June 18 as the International Day for Countering Hate Speech, highlighting rising digital threats, AI misuse, and the need for safer online spaces.
Stock Exchange & Exchange Rates News
Asian Stocks Steady, Oil Lower After Peace Deal
Asian stocks were steady Thursday as investors weighed the US-Iran interim peace deal. Japan’s Nikkei hit a record high, while South Korean shares gained. Oil prices dipped.
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US Markets Slump as Fed Opens Door to Rate Hike
Stocks tumbled Wednesday after the Federal Reserve held rates steady but signaled possible hikes this year. The Dow, S&P 500, and Nasdaq all fell over one percent.
Entertainment News
Grammys Add New Categories Including Asian Pop Honour
The Recording Academy announced five new Grammy categories, including one dedicated to Asian pop music, R&B collaborations, and traditional vocal pop for the 2027 awards.
Nigerian Singer Niniola Loses Husband
Afro-house star Niniola revealed that her husband, Michael Ndika, has passed away. The singer shared the news with fans.
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Sports News
World Cup 2026: England Beat Croatia in Six-Goal Thriller
England kicked off their 2026 FIFA World Cup campaign with a dramatic win over Croatia at Dallas Stadium on June 17. Harry Kane scored twice in the first half, including a retaken penalty. Croatia levelled twice through Martin Baturina and Petar Musa. Jude Bellingham restored England’s lead two minutes into the second half, and substitute Marcus Rashford sealed the victory late. Final score: England four, Croatia two.
Black Stars Edge Panama in World Cup Opener
Caleb Yirenkyi scored a late winner as Ghana edged Panama in their 2026 World Cup opener.
Royal Ascot 2026: Gold Cup Takes Centre Stage Today
Royal Ascot reaches day three with the Gold Cup as the highlight. The staying championship is the week’s most prestigious race and attracts a high-class field.
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