July 2025
Ofili, Nathaniel Set for Diamond League Debuts in Eugene
Nigeria will be strongly represented at the historic 50th edition of the Prefontaine Classic in Eugene, Oregon, with five athletes taking center stage individually alongside some of the biggest names in global athletics. Nigerian Sprints, Favour Ofili and Ezekiel Nathaniel will make their career debuts in the Diamond League circuit at Hayward Field, marking a […]
Trump Threatens Japan with New Tariffs Over Rice Exports Dispute
President Donald Trump has threatened to impose higher tariffs on Japanese exports to the United States, citing Japan’s alleged unwillingness to buy American-grown rice. In a post on Truth Social, Trump stated, “They won’t take our RICE, and yet they have a massive rice shortage. In other words, we’ll just be sending them a letter, […]
Public Debt Hits N149.39tn Amid Rising Infrastructure Deficit, Experts Raise Alarm
Nigeria’s public debt has surged to an unprecedented N149.39 trillion as of the first quarter of 2025, sparking widespread concern among financial experts, economists, and citizens who lament the lack of tangible improvements in infrastructure or economic well-being despite the massive borrowings. According to fresh data released by the Debt Management Office (DMO), Nigeria’s total […]
Senate Engages in Marathon Voting Session for Trump’s Bill
The US Senate has embarked on a marathon voting session for President Donald Trump’s sweeping domestic policy bill, dubbed the ‘Big Beautiful Bill‘, which has stretched overnight into the early hours of Tuesday morning. The vote-a-rama, an open-ended series of votes on amendments, began around 9:35 a.m. on Monday and is still ongoing. Senate Majority […]
Dangote Cuts Fuel Price, Marketers Scramble
Dangote Refinery has reduced its ex-depot price for Premium Motor Spirit (PMS), also known as petrol, from N880 to N840 per litre, triggering nationwide reactions among fuel marketers and consumers alike. The announcement, made on Monday, July 1, 2025, comes after weeks of fluctuating fuel prices and supply uncertainties, with prices reaching as high as […]
Police Detain Cartoonists Over Prophet Mohammed Caricature
Turkish police have detained at least four cartoonists from the satirical magazine LeMan over a cartoon that authorities and protesters claim depicts the Prophet Mohammed and Moses. The cartoon shows two men, one Muslim and one Jewish, with wings and halos, shaking hands as bombs fall around them. Despite the magazine’s explanation that the cartoon […]
Thai Prime Minister Suspended Amid Ethics Probe
Thailand’s Prime Minister Paetongtarn Shinawatra has been suspended from duty pending an ethics investigation over a leaked phone call with Cambodia’s former strongman, Hun Sen. The suspension, handed down by Thailand’s Constitutional Court, brings uncertainty to the Southeast Asian kingdom, which has experienced years of political turbulence and leadership shake-ups. Paetongtarn, 38, has held the […]
British Monarchy to Receive $118 Million in Government Funding
The British Royal Household has released its financial statement, revealing that the annual lump sum from the government will remain at £86.3 million ($118.50 million). This government funding, known as the Sovereign Grant, is used to maintain the royal palaces and support the official duties of the royal family. The grant is funded by British […]
Troops Eliminate 10 Terrorists in Lake Chad Axis, Recover Weapons
In a major breakthrough in the ongoing counterterrorism efforts, a joint force comprising the Theatre Command of Operation Hadin Kai and the Multinational Joint Task Force (MNJTF) successfully neutralised 10 Boko Haram/ISWAP terrorists during a fierce gun battle along the Rann–Gamboru Ngala axis, near the Nigeria-Cameroon border. The Director of Defence Media Operations, Major General […]
Equity Market Adds N5.32tn in June Amid Investor Confidence Surge
Nigeria’s equity market closed the month of June on a bullish note, gaining a whopping N5.32 trillion in market capitalisation, driven by heightened investor interest and increased liquidity across sectors. The surge reflects continued investor optimism despite a slight pullback on the final trading day of the month. Data from the Nigerian Exchange Limited (NGX) […]