Arab Crisis: Qatar Gets Fresh Deadline From Neighbours

Hamilton Nwosa
Writer
Emir of Qatar, Sheikh Tamim bin Hamad Al-Thani: given 48 hours to reply his neighbours

Ad

Details as Fitch Holds Steady on Nigeria’s ‘B’ Rating

By Abiola Olawale Fitch Ratings has reaffirmed Nigeria's Long-Term Foreign-Currency Issuer Default Rating at 'B' with a Stable Outlook. Fitch said the affirmation comes amid Nigeria's ongoing battle against high inflation. The country’s new economic status was reviewed in a report published on Friday. According to the report, “Nigeria’s ‘B’ rating is due to its…

FG Refutes Report Claiming It Stopped FIRS, Customs from Deducting Cost of Collection

By Abiola Olawale The Federal Government has denied reports that the government has scrapped the long-standing cost of collection deductions for key revenue agencies. The clarification comes hot on the heels of the remarks made by Finance Minister Wale Edun, underscoring ongoing efforts to streamline Nigeria's revenue mobilization without disrupting operations. However, the Federal Ministry…

Nigeria’s Public Debt Soars to Record N152.4trn Amid Mounting Fiscal Pressures

By Obinna Uballa Nigeria’s public debt burden has risen to an unprecedented N152.40 trillion as of June 30, 2025, marking a N3.01 trillion or 2.01% increase from N149.39 trillion recorded at the end of March, according to the latest figures from the Debt Management Office (DMO). In dollar terms, the debt profile climbed from $97.24…

Ad

Saudi Arabia-led Arab states accusing Qatar of supporting terrorism agreed Monday to a proposal by Kuwait to extend the deadline for Qatar’s response to the demands list by 48 hours, the official Saudi news agency SPA reported.

With the deadline expiring at the end of Sunday, Saudi Arabia, the United Arab Emirates, Bahrain and Egypt decided to give Doha an extension to respond positively to their demands after a request by Kuwait, which is acting as a mediator in the Gulf crisis.

The Kuwaiti government had requested the extension following Qatar’s announcement that it was due to hand over its response to Kuwait’s Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah on Monday.

On June 23, the four Arab states issued a list of 13 demands to end the rift with Doha including closing Al-Jazeera television and cutting diplomatic ties with Iran.

They severed ties with Qatar on June 5 over its alleged support for terrorism.

Qatar has called the charges baseless and its foreign minister, Sheikh Mohammed bin Abdulrahman al-Thani, said the stiff demands, which include ejecting Turkish troops based there, would be rejected.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp