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Nigeria Breaches Debt Sustainability Threshold After Borrowing 61% Above Budget

Nigeria’s public debt has exceeded the government’s debt sustainability threshold after the Federal Government borrowed 61.2% more than originally budgeted to finance a wider-than-expected fiscal deficit in 2024, according to data from the Budget Office analyzed by BusinessDay. The report showed that total public debt rose to ₦144.67 trillion, pushing the country’s debt-to-GDP ratio to…

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Carrick Prioritises Tactical Identity Over Major Manchester United Squad Rebuild

Manchester United manager Michael Carrick is reportedly focusing on improving the current squad through tactical refinement rather than overseeing a major overhaul, as preparations continue for the 2026/27 season. Carrick believes many of United’s solutions already exist within the squad and wants to build a clearer playing identity centred on control, consistency and youth development….

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Iran, Oman and Saudi Arabia Deepen Security Cooperation Over Strait of Hormuz

Iran, Oman and Saudi Arabia have stepped up diplomatic efforts to strengthen regional security and maritime cooperation in the strategically vital Strait of Hormuz, as Gulf nations seek to safeguard one of the world’s busiest energy shipping routes. The discussions come amid efforts to maintain stability following months of heightened tensions in the Middle East….

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Nigeria Demands Action from South Africa Over Killing of 98 Citizens

The Federal Government has formally confronted South Africa over the killing of 98 Nigerian citizens, demanding immediate action to end recurring xenophobic attacks and guarantee the safety of Nigerians living in the country. The diplomatic protest was delivered during a high-level meeting in Abuja with South African Minister of International Relations and Cooperation, Ronald Lamola,…

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Dangote to Donate One-Third of Fortune to Charity in Landmark Succession Plan

Africa’s richest man, Aliko Dangote, plans to donate one-third of his fortune to charitable causes as part of a long-term succession strategy designed to preserve his philanthropic legacy for generations. The revelation was made by his daughter, Halima Dangote, a trustee of the Aliko Dangote Foundation, during an interview with Bloomberg. According to Halima, Dangote…

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Petrol Depot Prices Drop as NAFDAC Shuts Three Ogun Factories Over Banned Sachet Alcohol

Nigerians could see some relief at the pumps after petroleum marketers reduced depot prices of Premium Motor Spirit (PMS) by as much as ₦23 per litre, a move expected to ease retail fuel prices if sustained. The price adjustment comes amid increased competition among suppliers and improving product availability across the country. Meanwhile, the National…

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Army Colonel Killed Resisting Kidnappers in Abuja, Renewing Security Concerns

Fresh concerns over Nigeria’s security situation have emerged after a serving Nigerian Army officer, Colonel Abdussalam A. Ude, was shot dead during an attempted kidnapping at his residence in the Kurudu area of Abuja. The incident has renewed debate over the growing reach of kidnappers, even within the Federal Capital Territory. According to reports, the…

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Singer D4vd Ordered to Stand Trial for Murder of 14-Year-Old Girl as Prosecutors Weigh Death Penalty

Pop singer David Anthony Burke, known professionally as D4vd, will face a jury for the brutal murder of 14-year-old Celeste Rivas Hernandez. On July 27, 2026, Los Angeles Superior Court Judge Charlaine Olmedo ruled that prosecutors presented sufficient evidence during a five-day hearing to proceed with charges of first-degree murder, child sexual abuse, and mutilation…

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