NEMA COORDINATES SAR OPS AT THE SCENE OF BUILDING COLLAPSE INVOLVING A THREE STOREY BUILDING UNDER CONSTRUCTION AT GUDU AREA OF FCT. (PHOTOS). #PRESS RELEASE.

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 NEMA COORDINATES SAR OPS AT THE SCENE OF BUILDING COLLAPSE INVOLVING A THREE STOREY BUILDING UNDER CONSTRUCTION AT GUDU AREA OF FCT At about 0945hrs on Saturday 16th May, 2026, the National Emergency Management Agency (NEMA) was alerted of a building collapse at Gudu District of FCT.  Critical stakeholders including Federal Fire, FCT Fire, NSCDC, NPF, FRSC and Federal Capital Territory Emergency Management Agency (FEMA) were activated while a response team of NEMA from the Abuja Operations Office led by the Head of Operations Mr Zakari Abubakar  and operatives from AYA Emergency Response Bay (ERAB) were deployed to the scene for quick response and coordination.  A reinforcement team  from NEMA Headquarters led by the Director Search and Response (DSAR) Air Cdre Bature Usman was also on ground to provide necessary backup and supervision. At the time of this report, the operation is still ongoing. However, sixteen (16) casualties have so far been evacuated to Aso...
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NAMIBIA MAKES HISTORIC $750 MILLION DEBT PAYMENT IN A SINGLE DAY. (PHOTO).

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 Namibia Makes Historic $750 Million Debt Payment in a Single Day


Namibia has made history by fully settling a $750 million Eurobond in just one day, marking the largest single-day debt payment in the country’s history.


According to the Ministry of Finance and Public Enterprises, about $444 million of the amount was drawn from a government reserve account specifically set aside for debt repayments. The move demonstrates Namibia’s strong fiscal discipline and commitment to managing its national debt responsibly.


Meanwhile, in South Africa, the World Bank has approved a R15.7-billion loan to support a six-year programme focused on improving service delivery in major cities. This comes amid inflation concerns raised by Finance Minister Enoch Godongwana. The new funding follows a R26-billion loan granted in June 2025 for energy and transport reforms, bringing South Africa’s total borrowing from the World Bank this year to over R40 billion.


Levels!

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