The World Bank Group (WBG) Finances has revealed that the Federal Government is still repaying $10.6 billion in loans obtained under former Presidents Olusegun Obasanjo, late Umaru Musa Yaradua, and Goodluck Jonathan. In June 2024, the Debt Management Office said as of 31 March 2024, Nigeria’s domestic and external debts stood at N121.67 trillion ($91.46 billion). The domestic debt was …

A South African court on Tuesday has allowed former president Jacob Zuma to run in May’s general elections, overturning a decision by electoral authorities barring him over a previous conviction. The electoral court ruled in favour of Zuma, 81, who is fronting uMkhonto we Sizwe (MK), a new opposition party that has become a dark horse in the election race. …

Former Pakistan President, Pervez Musharraf has died at the age of 79 after a protracted illness. In the statement confirming the death, the Pakistani military said it expressed its “heartfelt condolences” and added: “May Allah bless the departed soul and give strength to the bereaved family”. Musharraf, a military officer, seized power in a coup in 1999 and was later …

Supporters of former president of Brazil, Jair Bolsonaro have invaded the country’s congress and supreme court. Bolsonaro lost the presidential election to Luiz Inácio Lula da Silva in October, but his supporters are protesting the outcome of the election asking for Lula’s resignation and that the military should step in. The protesters, who stormed the presidential palace, destroyed properties and …