Former Nigerian President Muhammadu Buhari Passes Away Reports confirm the passing of former Nigerian President Muhammadu Buhari at the age of 80 During his lifetime, he held various notable positions, including President of Nigeria (2015-2023), Military Head of State (1983-1985), Minister of Petroleum Resources, Governor of Borno State, and Chairman of the Petroleum Trust Fund. Tributes are pouring in for the late leader, reflecting on his contributions to Nigeria's development. May he rest in peace. (Word count adjusted for accuracy)
Moody's Investors Service has downgraded the U.S. government's credit rating from Aaa to Aa1, citing unsustainable debt levels and rising interest payments.
The decision reflects concerns over the government's ability to manage its finances, with projected federal deficits expected to reach 9% of GDP by 2035.
This downgrade follows similar actions by Standard & Poor's in 2011 and Fitch Ratings in 2023.
The move may lead to increased borrowing costs and market volatility, sparking debate over the U.S. government's fiscal policies.