By Ogungbayi Adeyemi S. | adeyemi@ddnewsonline.com
Editor, DDNews |
National News
Nigeria’s Debt to Hit N155trn as Senate Approves $6bn Loan Request: The Senate has approved a $6 billion loan request by President Bola Tinubu, which will increase Nigeria’s total debt stock to N155.1 trillion.
FG Uncovers 840,290 Visa Overstayers in Nigeria: The Federal Government has revealed that there are about 840,290 visa overstayers in Nigeria. Minister of Interior, Olubunmi Tunji-Ojo, stated that the figure was derived from the country’s upgraded immigration tracking system.
Northern Leaders, NGF Demand Justice: The Nigeria Governors’ Forum and Northern Christian leaders have condemned the recent killings in Plateau State, demanding justice for the victims.
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27 Reps Switch Parties: 27 members of the House of Representatives have switched parties, with the All Progressives Congress (APC) gaining 14 new members and losing two. The defectors include Philip Agbese, who left the APC for the Labour Party, citing the wishes of his constituents.
Atiku Slams Tinubu Over $6bn Loan: Former Vice President Atiku Abubakar has criticized President Bola Tinubu’s government for seeking a $6 billion external loan, calling it “reckless borrowing” and questioning the lack of debate and analysis in the Senate’s approval process.
FG Eyes Oil Windfall to Fund N9tn Budget Increase: The Federal Government plans to fund a N9 trillion increase in the 2026 budget through oil windfall gains and new loans. The budget increase aims to address outstanding commitments and prioritize infrastructure projects.
NDC Condemns Killings Amid Worsening Insecurity: The Nigerian Democratic Congress has condemned recent attacks in Plateau, Taraba, and Kaduna states, calling for concrete action to address Nigeria’s worsening security crisis.
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Adelabu Denies Resignation Rumours: Minister of Power Adebayo Adelabu has denied reports of his resignation, calling them “fake news” amidst speculation about his political future.
African news
Debt to Hit N155trn as Senate Approves $6bn Loan Request: The Senate has approved a $6 billion loan request by President Bola Tinubu, increasing Nigeria’s total debt stock to N155.1 trillion.
AfDB Releases 2026 Report on Africa’s Economic Performance: The African Development Bank reports that Africa’s GDP growth is estimated at 4.2% in 2025, up from 3.5% in 2024.
Nigerian Army Probes Alleged Extrajudicial Killing in Maiduguri: The Nigerian Army is investigating an alleged extrajudicial killing in Maiduguri.
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International News
War Threatens World Food Crisis: The conflict in Iran is disrupting crucial fertilizer and other supplies, risking a global food catastrophe.
UN Condemns Killing of Two More Peacekeepers in Lebanon: The UN has condemned attacks on peacekeepers serving with the UN Interim Force in Lebanon amid rising hostilities.
Trump Says Iran War Could End in ‘Two Weeks, Maybe Three: US President Donald Trump expects the war to conclude soon, possibly within two to three weeks globalissues.
Global News
Airstrike on Funeral Underscores Rising Civilian Toll in Sudan: Attacks intensify and humanitarian access shrinks in Sudan’s deadly war.
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WHO Verifies Deadly Hospital Attack in War-Torn Sudan: The World Health Organization verified a hospital attack in Sudan that killed 64 people.
US Stocks Surge on Hopes of Iran War Resolution: Markets react to Trump’s statement on possible war conclusion.
Stock Exchange News
NGX All-Share Index Climbs 0.4%: The Nigerian Stock Exchange’s benchmark index rose 803.35 points to 201,287.78, with 20 gainers and 50 losers.
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Top gainers: Multiverse Mining & Exploration (+9.88%), International Energy Insurance (+9.49%), and Chams (+8.4%).
Top Traded Stocks: Wema Bank (184m shares), VFD Group (104m shares), and Secure Electronic Technology (59.3m shares) led the volume charts.
Exchange Rate News
Naira Depreciates to N1,420/$: The naira weakened to N1,420 per dollar in the parallel market, while trading at N1,387 per dollar in the Nigerian Foreign Exchange Market (NFEM).
Naira Gains Against Pound: The naira strengthened to N1,837/£ at the official market, reflecting improved stability in Nigeria’s foreign exchange market.
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Entertaiment News
Zendaya Teases Bridal-Themed Fashion: Actress Zendaya has been rocking wedding-inspired outfits, wearing a custom Louis Vuitton gown and a borrowed Armani Privé dress, sparking speculation about her personal life.
Nigeria Establishes Fashion Federation: The Federal Government has launched the Nigeria Fashion Federation to promote the local fashion industry and collaborate with state governments and stakeholders.
Ciara Embraces Lagos Spirit at Fashion Week: Grammy winner Ciara showcased Lagos’ vibrant fashion scene during Lagos Fashion Week, doning Adire and highlighting the city’s growing influence in tourism, art, and fashion.
Sports News
D’Tigress Vow Improved World Cup Performance: Nigeria’s women’s basketball team, D’Tigress, are confident in their ability to improve Punjab Kings vs Gujarat Titans: Punjab Kings won their Indian Premier League match against Gujarat Titans, 165/7 to 162/6.
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Lucknow Super Giants vs Delhi Capitals: The match between Lucknow Super Giants and Delhi Capitals is scheduled to start today.
Somalia vs Mauritius: Mauritius beat Somalia 2-4 in penalties in an Africa Cup of Nations Qualification match.
Burundi vs Chad: Burundi won 4-0 against Chad in an Africa Cup of Nations Qualification match.
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