Author: New Daily Prime

By Eniola Amadu Britain’s long-term borrowing costs have surged to their highest level since 1998, intensifying the pressure on Chancellor Rachel Reeves ahead of her first Budget. The yield on 30-year government bonds jumped to 5.698% on Tuesday, pushing up the cost of government borrowing and debt servicing. READ ALSO: UK suspends refugee family reunion applications amid pressure to cut arrivals The pound also weakened, sliding more than 1% against the US dollar to $1.3379, its lowest level since early August. The rise reflects wider European trends, with yields on German, French and Dutch bonds reaching their highest since 2011. Analysts…

By Eniola Amadu Zack Polanski has been elected leader of the Green Party of England and Wales in a decisive victory that signalled a bold new direction for the party. The London Assembly member and former deputy leader secured 85% of the vote, defeating the co-leadership ticket of Adrian Ramsay and Ellie Chowns by 20,411 votes to 3,705 in a ballot of members. Turnout stood at just over 37%, a significant rise on the 22% recorded when the post was last contested in 2021. READ ALSO: Marjorie Taylor Greene tells British reporter to ‘go back to your country’ during confrontation A…

By Ismaeel Aleem Former Zamfara Central Senator Kabiru Marafa has launched a scathing attack on President Bola Tinubu, describing him as a “use-and-dump” leader who discards loyal allies once in power. Marafa, who recently resigned from the All Progressives Congress (APC), made the remarks during an interview on Channels Television yesterday. The former coordinator of the Tinubu/Shettima 2023 Presidential Campaign Council in Zamfara said his decision to quit the ruling party stemmed from widespread injustice, neglect, and worsening insecurity in the state. READ ALSO: 2027: “Tinubu won’t make top two” – El-Rufai He argued that Zamfara, despite delivering crucial votes for…

By Ismaeel Aleem Ekiti State Governor, Biodun Oyebanji, has issued a stern warning to political actors fuelling violence and thuggery ahead of the 2026 governorship election, urging them to embrace peaceful campaigns. In a statewide broadcast on Tuesday, Oyebanji condemned recent outbreaks of political violence in parts of the state, describing them as attempts to destabilise the peace enjoyed by residents. READ ALSO: Ekiti APC governorship race: Ojo accuses Oyebanji of intimidation He called on political leaders to rein in their supporters and pursue power through due process. “Those seeking to contest the governorship in 2026 must be peaceful in their…

By Boluwatife Kehinde Former Paris Saint-Germain (PSG) goalkeeper Gianluigi Donnarumma has completed a move to Manchester City, with Brazilian shot-stopper Éderson heading to Turkish giants Fenerbahçe. The deal was finalised on Monday, but City waited until Tuesday morning to make the announcement. According to reports, the Premier League champions paid PSG £26 million ($35 million) for Donnarumma, who signed a five-year contract at the Etihad Stadium running until 2030, with an option to extend by a further season. READ ALSO: Manchester City secure £33.6m deal for Lens defender Abdukodir Khusanov At City, Donnarumma will immediately face competition for the No. 1…

By Fathia Idera Geh Geh, a Nigerian comedian and content creator, has once again stirred conversations online after announcing a uniform for his self-styled “University of Wisdom and Understanding.” The uniform, priced at ₦70,000, has quickly become the latest talking point in Nigeria’s digital space. Geh Geh, known for his unique blend of humor and financial commentary, has been building his personal brand through the University of Wisdom and Understanding, an online platform where he shares practical financial advice, motivational messages, and life lessons. What started as simple comedic content has gradually grown into a movement, with thousands of young…

By Eniola Amadu Britain has suspended applications from recognised refugees seeking to bring family members into the country, as Prime Minister Keir Starmer’s Labour government moves to tighten immigration rules. The decision comes as the government faces mounting political and public pressure to reduce the number of asylum seekers crossing the Channel in small boats from France. READ ALSO: UK to introduce tougher rules on refugee family reunification Hotels used to house migrants have become flashpoints for weeks of sometimes violent protests, with Starmer pledging to close all asylum hotels by 2029. Home Secretary Yvette Cooper told parliament that the surge…

By Eniola Amadu Afghanistan has been struck by one of its deadliest earthquakes in recent years, leaving more than 800 people dead and at least 2,800 others injured, authorities confirmed. The powerful quake, measuring magnitude 6, struck shortly after midnight at a depth of 10 kilometres (six miles), devastating villages in the eastern provinces of Kunar and Nangarhar. READ ALSO: At least 250 dead after earthquake strikes eastern Afghanistan Officials reported 812 fatalities, with Kunar suffering the heaviest toll of at least 610 deaths, while 12 were confirmed in Nangarhar. Three entire villages were razed, while many others sustained severe damage…

By Eniola Amadu The Colombian government has presented a tax reform bill to Congress, seeking to raise 26.3 trillion pesos ($6.54 billion) to finance its 2026 spending plan, Finance Minister Germán Ávila announced. The proposal comes as Colombia faces a worsening fiscal crunch, just a year ahead of legislative and presidential elections scheduled for next August. Ávila said the reform was designed not only to provide resources for next year’s budget but also to ensure fiscal stability through 2027. READ ALSO: UN warns of soaring child recruitment by armed groups in Colombia However, the bill’s political prospects remain uncertain. Analysts warn…

By Boluwatife Kehinde Olympic 200m finalist Favour Ofili has confirmed her decision to switch international allegiance from Nigeria to Turkey. Announcing the move on Instagram, the 22-year-old sprinter stressed that her choice was “from the heart, not financial motives,” citing years of neglect and administrative failures by the Athletics Federation of Nigeria (AFN) and the National Olympic Committee (NOC) during both the Tokyo 2020 and Paris 2024 Games. READ ALSO: A Year in Sports: Global and Nigerian highlights of 2024 Ofili, who has won six gold, two silver, and two bronze medals for Nigeria, was excluded from the AFN’s list of…