World News

JP Morgan Backs Afreximbank Bonds After Fitch Downgrade

IDNN
Investor confidence around Afreximbank bonds came into focus after JP Morgan publicly backed the lender’s debt despite a recent downgrade by Fitch Ratings. The move highlights diverging views within global markets on African development finance risks, even as rating agencies reassess exposure amid tightening global financial conditions....

IMF Global Growth Outlook 2026 Nigeria Ranks Among Top Contributors

IDNN
Nigeria has been listed among the world’s top contributors to global economic growth in 2026, according to the International Monetary Fund. The IMF global growth outlook 2026 Nigeria projection places the country ahead of several advanced economies in the Fund’s latest ranking and underscores a wider shift toward emerging markets as the main engines of world expansion....

Why Ademola Lookman Is a Simeone Player — And Where He Changes Atlético Madrid

IDNN
Ademola Lookman’s arrival gives Diego Simeone a profile Atlético Madrid have lacked: a two-footed wide attacker who can dribble, finish, and press at speed. Beyond the headline fee, Lookman offers tactical flexibility across multiple systems—4-4-2, 4-3-3, and 4-2-3-1—potentially reshaping Atlético’s left side and their transition game....

Rivers United Suffer 1-0 Loss to Power Dynamos in CAF Champions League

Noble Onyeagoro
Rivers United lost 1-0 to Power Dynamos in their CAF Champions League matchday four encounter at Godswill Akpabio International Stadium, Uyo on Sunday, January 31, 2026. Kondwani Chiboni scored the match-winning goal for the Zambian side five minutes into the second half, handing them their first-ever group-stage victory....

Atlético Madrid Sign Ademola Lookman in €35m Deal as Simeone Finally Lands Long-Term Target

IDNN
Atlético Madrid have completed the signing of Nigerian forward Ademola Lookman from Atalanta in a €35 million transfer, ending a long pursuit that began last summer. The deal, finalised on the eve of the winter window deadline, hands Diego Simeone a dynamic attacker ahead of a crucial phase of the season, with Lookman expected to make an immediate impact....

Nwifuru Sacks Appointees, Dethrones Monarch After Ebonyi Killings as State Moves to Quell Violence

IDNN
Ebonyi State Governor Francis Nwifuru has dismissed government appointees, dissolved community leadership structures, and withdrawn a traditional ruler’s certificate following deadly attacks in parts of the state. The sweeping sanctions come as authorities respond to violent incidents that left at least four people killed, signalling a hardline approach to restoring order and preventing escalation....

Timipre Sylva Yet to Return as EFCC, Interpol Trail Ex-Governor Over Coup Probe and Alleged Fraud

IDNN
Former Bayelsa State Governor Timipre Sylva has yet to return to Nigeria months after his Abuja residence was raided amid investigations linked to an alleged coup plot against President Bola Tinubu. The ex-minister, also declared wanted by the EFCC over alleged $14.8m fraud, is now being tracked internationally as authorities weigh arraignment in absentia....

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