Good morning. Here is today’s summary from TheMatrix Newspapers:
1. Debt To Revenue Ratio Saga: FG Counters World Bank
- Says Debt Alarm, 124% Interest-To-Revenue Claim Misleading
- Insists Borrowings Fall Within National Assembly-Approved Limits
- Urges Critics To Compare Full-Year Figures, Not Half-Year Data
The Federal Government has launched a fierce defence of President Bola Tinubu’s economic reforms, pushing back against mounting concerns over Nigeria’s debt burden and accusing analysts of drawing misleading conclusions from half-year fiscal figures. READ MORE
2. ₦250bn NLNG Dividend Claim: Presidency, Makinde Trade Tackles
- Your Figures Defy Logic, Stop Misleading Nigerians-Presidency
- Challenges Oyo Gov To Produce Evidence
The Presidency and Oyo State Governor Seyi Makinde have traded tackles over an alleged ₦250 billion dividend windfall from Nigeria LNG Limited (NLNG) reportedly due to each state, with the Federal Government dismissing the claim as false and economically implausible. READ MORE
3. 51 African Nations Participate In Dangote Refinery’s IPO
- Emerges Africa’s First Truly Pan-African Public Offering
Dangote Petroleum Refinery & Petrochemicals has announced that its ongoing Initial Public Offering (IPO) has attracted exceptional participation from investors across Africa and around the world, with subscriptions received from more than 90 countries, including investors from 51 of Africa’s 54 nations. READ MORE
4. ADC To Senate: Reject Tinubu’s INEC Nominee Over Family Ties To Sokoto Gov
The African Democratic Congress (ADC) has raised concerns over the nomination of Prof. Mustapha Aliu as the North-West representative on the Independent National Electoral Commission (INEC), alleging that he is the maternal brother of Sokoto State Governor Ahmed Aliyu, an All Progressives Congress (APC) chieftain and prospective candidate in the forthcoming governorship election. READ MORE
5. 2027: NDC Withdraws Recognition Of Diaspora Chapters Over Court Judgment
The Nigeria Democratic Congress (NDC) has withdrawn recognition of its chapters operating outside Nigeria, citing a subsisting court judgment that reportedly prohibits Nigerian political parties from establishing or supervising branches beyond the country’s territorial boundaries. READ MORE
6. Obi: 2027 Election, A Battle For Nigeria’s Survival
Peter Obi, presidential candidate of the Nigeria Democratic Congress (NDC), has described the 2027 general election as a battle for Nigeria’s survival, blaming massive corruption and persistent leadership failures for the country’s slow pace of development. READ MORE
7. Four Dead, 39 Hospitalised As Massive Fire Ravages Canadian Military BaseFour people have been killed and 39 others hospitalised following a major fire at Canadian Forces Base Wainwright, with at least 19 of the injured reported to be in critical condition, as authorities investigate one of the country’s most serious military incidents in peacetime. READ MORE
8. Cameroon Opposition Makes History As Tiriane Noah Becomes MRC’s First Female President
Cameroon’s main opposition party, the Cameroon Renaissance Movement (MRC), has elected Tiriane Balbine Nadège Noah as its first female president, marking a historic leadership transition as the party seeks to consolidate its position ahead of the country’s 2027 local elections. READ MORE
9. ‘I Would Have Held You Longer’: Olaoba Mourns Toluwanisings After Final Ministration
Nigerian gospel singer Bidemi Olaoba has paid an emotional tribute to his colleague, Olayemi Bolaji, popularly known as Toluwanisings, recalling the late singer’s final ministration at a worship service in Ibadan, Oyo State, just a day before his death. READ MORE
10. EPL: Arsenal Beat Forest To Keep Pressure On City; Man Utd Held By Leeds
Arsenal’s only shot on target proved enough to snatch victory at Nottingham Forest through Noni Madueke’s deflected strike, keeping the champions within touching distance of Premier League leaders Manchester City and condemning Forest to the relegation zone. READ MORE
