News Update - Page 7

tay up to date with breaking news, trending stories, and real-time updates from Nigeria and around the world. The News Update section of The Beacon NG delivers fast, factual, and verified headlines on politics, economy, society, health, security, and global affairs.

Whether it’s a developing story or an urgent national issue, we bring you accurate updates as events unfold — keeping you informed and ahead.

Economy·News·News Update

Federal Government Endorses 2024–2027 Debt Strategy To Sustain Fiscal Stability

The Federal Government has approved Nigeria’s Medium-Term Debt Management Strategy (MTDS) for 2024–2027, a framework aimed at promoting debt sustainability, strengthening fiscal stability, and further developing the domestic securities market. The Debt Management Office (DMO) announced the approval in a statement on

August 25, 2025

News Update

Sesko set for Manchester United medical after rejecting bigger Newcastle offer

Benjamin Sesko is on the verge of becoming a Manchester United player after turning down a more lucrative offer from Newcastle United. The 22-year-old Slovenian striker has agreed a five-year contract with United, who will pay RB Leipzig an initial £66.3m plus

by Olatunji Olajide

August 8, 2025

News Update

CBN Mulls Legal Action Against Defaulters Of FX Forward Contracts

The Central Bank of Nigeria (CBN) has announced that it may take legal action against parties who breached foreign exchange forward contracts, following the conclusion of a forensic audit into the deals. This was revealed on Thursday in a document titled “Frequently

by News Editor

August 8, 2025

News Update

Presidency Blasts Critics For Exaggerating Nigeria’s Hardship

The Presidency yesterday dismissed claims about Nigeria’s economic woes, accusing alarmists and biased critics of deliberately spreading misinformation to cause confusion. It maintained that, contrary to what it described as an exaggerated and skewed portrayal of the nation as plagued by hunger,

by News Editor

August 8, 2025

News Update·Headlines·News·Politics

ADC, Under Atiku’s Control, Peter Obi, Amaechi Working For Him – Sources

Sources within the African Democratic Congress (ADC) have allege that former Vice President Atiku Abubakar is reshaping the party’s internal structure, while 2023 Labour Party presidential candidate Peter Obi is reportedly vying for relevance. According to insiders who spoke with journalists, Atiku

by News Editor

August 8, 2025

News Update

FG Backs 2025 Arewa Film Festival

The Federal Government has committed its full backing to the 2025 Arewa International Film Festival (AIFF), highlighting the event as a crucial avenue for reclaiming the Sahel region’s cultural identity, empowering young people, and positioning Northern Nigeria within the global creative industry.

by News Editor

August 8, 2025

News Update·Headlines·News

Abia Govt, Isiala Ngwa Dry Port Partnership Key To Unlocking South-East Economic Gains- NSC

The Executive Secretary of the Nigerian Shippers’ Council (NSC), Dr. Pius Akutah, has highlighted that strong cooperation between the Abia State Government and the concessionaires of the Isiala Ngwa Inland Dry Port (IDP) will unlock significant economic opportunities for both Abia State

by News Editor

August 8, 2025

News Update·Headlines·News

Tinubu Orders Pension Increase, Minimum Guarantee For Pensioners

Following widespread protests by retirees under the Contributory Pension Scheme (CPS) in various parts of the country, including Abuja, President Bola Tinubu has instructed the National Pension Commission (PenCom) to implement pension increases and establish a minimum pension guarantee. He also directed

by News Editor

August 7, 2025

News Update

Benfica take control with 2-0 win over Nice in UCL qualifier

Benfica will return to Portugal with a commanding 2-0 lead after outclassing Nice in the first leg of their UEFA Champions League third qualifying round tie. The Portuguese side, sharper from recent competitive action, took control after a goalless first half at

by Olatunji Olajide

August 7, 2025

News Update·Economy·Headlines·News

FG, China Partner On $2bn Maritime Strategy To Boost Vessel Ownership, Regional Hub Status

The Federal Government of Nigeria, through the Ministry of Marine and Blue Economy, is pushing forward a Nigeria–China Maritime Strategy designed to attract over $2 billion in shipping investments, boost indigenous vessel ownership, and establish Nigeria as a leading maritime hub in

by News Editor

August 7, 2025

Headlines·News·News Update·Politics

2027: We’ll Ensure The Opposition Doesn’t Stand A Chance – Farouk Aliyu

Former Minority Leader of the House of Representatives, Farouk Aliyu, has alleged that certain powerful interests are actively plotting to derail President Bola Tinubu’s re-election bid. He, however, affirmed that he and other key figures within the ruling establishment are determined to

by News Editor

August 7, 2025

Headlines·News·News Update·Politics

2027: Jonathan Set To Join Presidential Race, Engages Northern Leaders – Source

Former President Goodluck Jonathan is reportedly preparing to enter the 2027 presidential race, according to an inside source. The source revealed that Jonathan has begun holding strategic meetings with key northern political leaders, signaling a renewed interest in returning to the country’s

by News Editor

August 7, 2025

Foreign News·Economy·News·News Update

Trump Imposes Additional 25% Tariff On Indian Goods Over Russian Oil Ties

US President Donald Trump on Wednesday approved a new order imposing an extra 25 percent tariff on Indian imports, citing New Delhi’s ongoing purchase of Russian oil a major source of funding for Moscow’s war in Ukraine. The new tariff, which will

by News Editor

August 6, 2025

News Update

Anambra 2025: 11 Political Parties Yet To Pay Mandatory N50m Campaign Fee

Managing Director, Anambra State Signage and Advertising Agency (ANSAA), Mr. Tony Ujubuonu has said that only five out of the 16 political parties contesting the November 8, 2025, governorship election in Anambra State have paid the mandatory N50 million campaign fee. Ujubuonu

by News Editor

August 6, 2025

Grassroots·News·News Update

Enugu Sets New Standards For Ongoing, Future Projects

The Enugu State Ministry of Works and Infrastructure has unveiled new measures aimed at ensuring strict adherence to industry standards across all current and upcoming projects in the state. The Ministry stated that this move is part of its renewed efforts to

by News Editor

August 6, 2025

News·News Update·Politics

Pro-Abure Groups Protest At INEC HQ Over LP Candidate Exclusion

Civil society organisations aligned with the Julius Abure-led faction of the Labour Party (LP) on Wednesday staged a protest at the National Headquarters of the Independent National Electoral Commission (INEC), demanding the inclusion of the party’s candidates in the upcoming nationwide bye-elections.

by News Editor

August 6, 2025

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News Update - Page 7

Federal Government Endorses 2024–2027 Debt Strategy To Sustain Fiscal Stability

Sesko set for Manchester United medical after rejecting bigger Newcastle offer

CBN Mulls Legal Action Against Defaulters Of FX Forward Contracts

Presidency Blasts Critics For Exaggerating Nigeria’s Hardship

ADC, Under Atiku’s Control, Peter Obi, Amaechi Working For Him – Sources

FG Backs 2025 Arewa Film Festival

Abia Govt, Isiala Ngwa Dry Port Partnership Key To Unlocking South-East Economic Gains- NSC

Tinubu Orders Pension Increase, Minimum Guarantee For Pensioners

Benfica take control with 2-0 win over Nice in UCL qualifier

FG, China Partner On $2bn Maritime Strategy To Boost Vessel Ownership, Regional Hub Status

2027: We’ll Ensure The Opposition Doesn’t Stand A Chance – Farouk Aliyu

2027: Jonathan Set To Join Presidential Race, Engages Northern Leaders – Source

Trump Imposes Additional 25% Tariff On Indian Goods Over Russian Oil Ties

Anambra 2025: 11 Political Parties Yet To Pay Mandatory N50m Campaign Fee

Enugu Sets New Standards For Ongoing, Future Projects

Pro-Abure Groups Protest At INEC HQ Over LP Candidate Exclusion

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