‎‎NAF RECEIVES FIVE NEW HELICOPTERS AS FG ACCELERATES AIRPOWER MODERNISATION. (PHOTO).

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 ‎‎NAF RECEIVES FIVE NEW HELICOPTERS AS FG ACCELERATES AIRPOWER MODERNISATION ‎ The Nigerian Air Force (NAF) has taken delivery of five new helicopters as the Federal Government accelerates efforts to modernize Nigeria’s airpower capabilities and strengthen the Armed Forces’ capacity to respond effectively to contemporary security challenges.  ‎ ‎A statement by the Director of Public Relations and Information Air Commodore Ehimen Ejodame indicates that the platforms comprise three AW-109 Trekker B helicopters  and two H-125 helicopters. ‎ The three AW-109s, which form part of 10 recently acquired by the Federal Government, were received in Lagos on 15 September 2026, with the remaining seven expected to be delivered before the end of 2026. ‎ ‎The Chief of the Air Staff, Air Marshal Sunday Aneke, described the acquisition as another significant milestone in the Federal Government’s sustained investment in the modernization and re-equipment of the NAF noting that the new pl...
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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.


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