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Home Authors Posts by Dan Mughogho

Dan Mughogho

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Manchester United Stage Late Comeback to Book Final Spot Against Spurs

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Bilbao Strike First as United Struggle Early Manchester United were given a scare at Old Trafford as they went into the break trailing 1-0. Mikel...

Nigeria Delisted: The IMF Clears the Nation from the Global Debt...

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Nigeria Delisted: Nigeria has left the list of insolvent nations after clearing its $1.6 billion debt to the IMF. After paying off its $1.61 billion debt to the IMF, Nigeria has dropped off the list of bankrupt countries. Having 91 developing and least developed countries owed the fund a total of $117,656,224 as at May 6, 2025, acquired on the website of the multilateral institution on Wednesday, Nigeria was not listed among the debtors in a report titled "Total IMF Credit Outstanding – Movement from May 01, 2025." entire IMF credit outstanding is the entire amount of unpaid and outstanding principal owing by the fund from every one of its members. This covers existing loans under current terms as well as expired ones. However, according to StatiSense, a data company that also revealed on its X handle on Wednesday that Nigeria was no longer listed on the list of nations owing to the IMF, Nigeria owes the fund $1.61 billion as of July 28, 2023. StatiSense said the debt was $1.37 billion as of January 5, 2024; $933.03 million as of July 10, 2024; and $472.06 million as of January 8, 2025, until it was finally resolved this month. The amount turned out to be US dollars rather than Special Drawing Rights (SDR), an international reserve asset created by the IMF to increase official reserves of member nations. O'tega Ogra, Senior Special Assistant to the President on Digital Engagement, Strategy, and New Media, said on his X handle that the development of the Tinubu government was evidence of discipline, reform, and strategic reset by means of "our finances to enable us to be better placed for a prosperous future". With...

Cardinal Robert Prevost Elected First American Pope, Takes Name Leo XIV

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A Historic First: American Elected as Head of Catholic Church In a moment that will be remembered for generations, Cardinal Robert Francis Prevost has been...

Catholics Celebrate Worldwide as Vatican Elects New Leader

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White smoke from the Sistine Chapel confirms a new pope has been chosen. Excitement swept through St Peter’s Square earlier today as a familiar and...

Diamond Platnumz Becomes First African Artist to Hit 10 Million YouTube...

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History Made: Diamond Sets New Digital Record Tanzanian star Diamond Platnumz has achieved a major milestone—becoming the first African artist to cross the 10 million...

PSG Book UCL Final Spot After Silencing Brave Arsenal in Paris

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A Comeback Built on Patience and Precision Paris Saint-Germain are through to the UEFA Champions League final after edging out Arsenal with a 2-1 win...

Zimbabwe Deepens Medical Ties with Russia Through Air Ambulance, Cholera Aid...

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Russia Delivers Cholera Medication to Zimbabwe As part of a continued health partnership, Russia handed over a consignment of cholera treatment drugs to Zimbabwe this...

Putin and Xi Reaffirm Ties as Russia Marks 80 Years Since...

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Moscow Honors Past, Eyes Present Unity Russian President Vladimir Putin expressed gratitude to his Chinese counterpart, Xi Jinping, for attending the grand event commemorating 80...

Cardinals Resume Voting for Pope Francis’ Successor in Historic Conclave

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Sistine Chapel Voting Process Continues Roman Catholic cardinals returned to the Sistine Chapel on Thursday as the secretive election process for a new pope moved...

Brazil Set to Make History with First Women’s World Cup in...

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The global stage is set for South America as FIFA has officially named Brazil the host of the 2027 Women’s World Cup. This marks...