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U.S. Steps Back From Multilateral Institutions With 66 Withdrawals

Washington The United States has formally ordered its withdrawal from 66 international organizations, marking one of the most sweeping reversals of American multilateral engagement in modern history and signaling a profound recalibration of Washington’s role in global governance. The decision was announced on January 8, 2026, by U.S. Secretary of State Marco Rubio, following an […]

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What ₦100 Trillion Means: Understanding Nigeria’s Capital Market Breakthrough

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Lagos Nigeria’s capital market reached a historic milestone at the close of 2025 as the Nigerian Exchange (NGX) recorded a market capitalization above ₦100 trillion for the first time, underscoring a significant shift in investor sentiment and capital formation within Africa’s largest economy. President Bola Tinubu welcomed the development, describing it as a landmark achievement

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RIVERS ASSEMBLY INITIATES FRESH IMPEACHMENT PROCESS AGAINST GOVERNOR FUBARA

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Port Harcourt The Rivers State House of Assembly has commenced a new impeachment process against Governor Siminalayi Fubara and his deputy, Professor Ngozi Odu, marking the third such move since 2023. Lawmakers cite allegations of gross misconduct, a development that has renewed political tension in one of Nigeria’s most economically and politically significant states. The

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U.S. Seizes Russian-Linked Oil Tanker in North Atlantic Amid Sanctions Enforcement

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WASHINGTON / NORTH ATLANTIC — January 8, 2026 The Marinera, formerly the Bella‑1, was intercepted after weeks of evasion from Venezuelan waters. The operation highlights compliance risks for international shipping, energy trade, and companies handling sanctioned cargo. United States authorities have seized a Russian‑flagged oil tanker with links to Venezuela in the North Atlantic Ocean

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NIGERIA’S 10 MOST CRITICAL COMMODITIES: WHAT BUSINESSES AND POLICYMAKERS NEED TO KNOW IN 2026

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ABUJA, Nigeria — January 8, 2026 Nigeria’s economy relies heavily on a select set of strategic commodities that shape foreign exchange earnings, domestic production, and inflation. From energy resources to key agricultural staples, these commodities influence business planning and government policy. Understanding their trends is essential for investors, companies, and policymakers navigating 2026. Top 10

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NAIRA STRENGTHENS TO ₦1,418/$ — WHAT IT MEANS FOR NIGERIANS AND HOW TO PROTECT YOUR MONEY

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Nigeria’s naira strengthened to ₦1,418.26 per US dollar at the official foreign exchange market on Wednesday, January 7, 2026, reaching its strongest level in over a year under the current system. This development follows a steady climb since the end of 2025, when the naira closed at ₦1,430.84/$ on December 31. Data from the Central

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FIVE FOREST GUARDS KILLED IN ATTACK ON OLD OYO NATIONAL PARK

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OYO STATE, Nigeria — January 6, 2026 Five officers of Nigeria’s National Park Service were killed on Tuesday night when suspected bandits attacked the Old Oyo National Park office in Oloka Village, Oriire Local Government Area of Oyo State, according to state authorities and the police. Security agencies have launched a manhunt as investigations continue.

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Samsung Unveils Galaxy Z Trifold, a Three-Fold Smartphone, at CES 2026

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Las Vegas, NV — Samsung is pushing the boundaries of smartphone design with its new Galaxy Z Trifold, revealed Sunday at the CES tech conference in Las Vegas. The device folds in two places—almost like a brochure—allowing an iPad-sized screen to fit into a pocket. The Trifold follows Samsung’s strategy of experimenting with foldable displays,

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Trump Orders Crackdown on Defense Industry Stock Buybacks

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In a bold move aimed at reshaping the defense sector, President Trump signed an executive order Wednesday targeting stock buybacks by major defense contractors. The order directs companies to cap executive compensation and prioritize investments in production capacity over shareholder payouts. Officials said the measure seeks to ensure that federal defense spending translates more directly

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US MILITARY PLANES LAND IN UK AS ATLANTIC OIL TANKER SEIZURE UNFOLDS

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AC-130J Ghostrider gunship Multiple United States military aircraft have recently landed at Royal Air Force (RAF) bases in the United Kingdom amid heightened naval and air operations linked to the seizure of a sanctioned oil tanker in the North Atlantic. The deployments took place at RAF Fairford, RAF Mildenhall, RAF Lakenheath, and other UK airfields

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